The Chefs Warehouse Inc (CHEF)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 128,207 | 100,943 | 85,738 | 10,811 | -102,660 |
| Revenue | US$ in thousands | 3,794,690 | 3,390,260 | 2,556,590 | 1,728,410 | 1,090,630 |
| Operating profit margin | 3.38% | 2.98% | 3.35% | 0.63% | -9.41% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $128,207K ÷ $3,794,690K
= 3.38%
The operating profit margin of The Chefs Warehouse Inc has shown variations over the years as per the provided data. As of December 31, 2020, the operating profit margin was negative at -9.41%, indicating that the company was experiencing operating losses relative to its revenue. However, there was a notable improvement in profitability in subsequent years. By December 31, 2021, the operating profit margin had increased to 0.63%, signaling a return to positive territory.
Continuing this positive trend, the operating profit margin further improved to 3.35% by December 31, 2022, reflecting increased efficiency in managing operating expenses relative to revenue. In the following year, by December 31, 2023, the operating profit margin slightly decreased to 2.98%, indicating a minor dip in profitability compared to the previous year. Nonetheless, the company was able to maintain a relatively healthy operating profit margin.
Finally, as of December 31, 2024, the operating profit margin climbed back up to 3.38%, showing a rebound and improved profitability compared to the prior year. Overall, the trend in recent years suggests that The Chefs Warehouse Inc has been successful in enhancing its operating efficiency and managing costs to achieve better profitability levels.
Peer comparison
Dec 31, 2024