The Chefs Warehouse Inc (CHEF)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 34,590 | 19,763 | 20,718 | 27,766 | 27,750 | 35,021 | 30,200 | 14,383 | -4,923 | -50,424 | -65,307 | -86,739 | -82,903 | -34,958 | -19,106 | 8,974 | 24,193 | 22,187 | 21,919 | 20,992 |
| 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 |
| Net profit margin | 1.02% | 0.62% | 0.69% | 1.01% | 1.09% | 1.49% | 1.38% | 0.73% | -0.28% | -3.46% | -5.33% | -8.66% | -7.56% | -2.82% | -1.38% | 0.56% | 1.53% | 1.44% | 1.45% | 1.43% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $34,590K ÷ $3,390,158K
= 1.02%
The net profit margin of The Chefs Warehouse Inc has exhibited fluctuations over the historical period analyzed. The trend shows that the company's net profit margin has been generally positive in recent quarters, indicating that the company has been able to generate profits relative to its revenue. However, the margins have been relatively low and volatile, with some quarters showing negative margins, highlighting potential challenges in controlling costs or achieving higher profitability.
The highest net profit margin observed was 1.49% in the third quarter of 2022, while the lowest was -8.66% in the first quarter of 2021. The most recent net profit margin of 1.02% in the fourth quarter of 2023 suggests a moderate level of profitability compared to the previous quarters. It's important for investors and analysts to closely monitor the company's ability to improve and sustain its net profit margin over time, as it is a key indicator of profitability and efficiency in generating earnings from sales.
Peer comparison
Dec 31, 2023