The Chefs Warehouse Inc (CHEF)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 23, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 814,474 | 773,181 | 723,271 | 670,831 | 618,636 | 556,994 | 509,181 | 449,051 | 390,485 | 323,671 | 274,058 | 221,610 | 248,151 | 291,702 | 328,334 | 386,585 | 386,568 | 386,434 | 381,433 | 372,996 |
| Revenue (ttm) | US$ in thousands | 3,390,158 | 3,204,095 | 2,984,768 | 2,758,593 | 2,556,732 | 2,356,999 | 2,186,010 | 1,960,931 | 1,728,659 | 1,455,813 | 1,225,007 | 1,001,170 | 1,095,986 | 1,240,819 | 1,383,953 | 1,595,990 | 1,578,167 | 1,545,716 | 1,510,078 | 1,468,349 |
| Gross profit margin | 24.02% | 24.13% | 24.23% | 24.32% | 24.20% | 23.63% | 23.29% | 22.90% | 22.59% | 22.23% | 22.37% | 22.14% | 22.64% | 23.51% | 23.72% | 24.22% | 24.49% | 25.00% | 25.26% | 25.40% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $814,474K ÷ $3,390,158K
= 24.02%
The gross profit margin of The Chefs Warehouse Inc has shown a relatively stable trend over the past five years, ranging between 22.14% and 25.40%. The company's gross profit margin has generally been above 22%, indicating its ability to effectively manage production costs and generate profits from its sales. The slight variation in the margin reflects fluctuations in revenue and cost of goods sold over time. Overall, the consistently positive gross profit margin signifies that The Chefs Warehouse Inc has been able to maintain healthy profitability levels in its operations.
Peer comparison
Dec 31, 2023