Chefs' Warehouse (CHEF) Tax Rate (2010 - 2026)
Chefs' Warehouse (CHEF) reported Tax Rate of 23.62% for Q1 2026, up 604.0% year-over-year from 3.36% in Q1 2025, and down 31.74% quarter-over-quarter from 34.6% in Q4 2025.
Chefs' Warehouse (CHEF) Tax Rate (2010 - 2026) Analysis & Trends
Chefs' Warehouse (CHEF) has 17 years of Tax Rate data on file, last reported at 23.62% in Q1 2026.
- Tax Rate for Q1 2026 came in at 23.62%, up 604.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.19% (up 171.0% YoY), and the FY2025 annual result was 30.11%, down 13.0% from the prior year.
- Tax Rate eased to 23.62% in Q1 2026 per CHEF's latest filing, from 34.6% in the prior quarter.
- Over five years, Tax Rate peaked at 78.61% in Q4 2022 and troughed at 17.58% in Q1 2025.
- A 5-year average of 32.68% and a median of 30.0% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 36444 bps in 2022, then sank 3998 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 78.61% in 2022, then sank by 51 bps to 38.63% in 2023, then slipped by 21 bps to 30.56% in 2024, then grew by 13 bps to 34.6% in 2025, then slumped by 32 bps to 23.62% in 2026.
- Business Quant data shows CHEF's Tax Rate at 23.62% in Q1 2026, 34.6% in Q4 2025, and 32.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 37.73 Bn | 35.83 Bn | 3.81 Bn | 23.60% |
| 2 | US Foods Holding | 19.91 Bn | 19.86 Bn | 1.65 Bn | 18.31% |
| 3 | Performance Food | 15.69 Bn | 15.65 Bn | 1.94 Bn | 25.40% |
| 4 | Chefs' Warehouse | 3.31 Bn | 3.19 Bn | 257.37 Mn | 23.62% |
| 5 | United Natural Foods | 3.08 Bn | 3.04 Bn | 1.05 Bn | 21.43% |
| 6 | Andersons | 2.53 Bn | 2.50 Bn | 160.58 Mn | 13.45% |
| 7 | Mission Produce | 800.45 Mn | 798.35 Mn | 20.50 Mn | 14.94% |
| 8 | G Willi Food International | 481.37 Mn | 403.39 Mn | 14.95 Mn | 157.51% |
| 9 | CVGW | 466.33 Mn | 420.35 Mn | - | - |
| 10 | HF Foods | 100.80 Mn | 101.81 Mn | 50.53 Mn | -41.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 27, 2026 | 23.62% |
| Mar 27, 2026 | 23.62% |
| Dec 26, 2025 | 34.60% |
| Dec 26, 2025 | 34.60% |
| Sep 26, 2025 | 32.58% |
| Sep 26, 2025 | 32.58% |
| Jun 27, 2025 | 28.00% |
| Jun 27, 2025 | 28.00% |
| Mar 28, 2025 | 17.58% |
| Mar 28, 2025 | 17.58% |
| Dec 27, 2024 | 30.56% |
| Dec 27, 2024 | 30.56% |
| Sep 27, 2024 | 30.00% |
| Sep 27, 2024 | 30.00% |
| Jun 28, 2024 | 30.00% |
| Jun 28, 2024 | 30.00% |
| Mar 29, 2024 | 30.01% |
| Mar 29, 2024 | 30.01% |
| Dec 29, 2023 | 38.63% |
| Dec 29, 2023 | 38.63% |