The Chefs Warehouse Inc (CHEF)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 79,532 | 55,469 | 41,889 | -6,776 | -123,606 |
| Revenue | US$ in thousands | 3,794,690 | 3,390,260 | 2,556,590 | 1,728,410 | 1,090,630 |
| Pretax margin | 2.10% | 1.64% | 1.64% | -0.39% | -11.33% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $79,532K ÷ $3,794,690K
= 2.10%
The pretax margin of The Chefs Warehouse Inc has shown a positive trend over the years, improving from negative figures to a positive value. As of December 31, 2020, the pretax margin was at -11.33%, indicating the company was operating at a loss before taxes. However, by December 31, 2024, the pretax margin improved to 2.10%, suggesting the company's profitability before taxes has strengthened.
The increase in pretax margin from negative values to positive values indicates that The Chefs Warehouse Inc has been able to better manage its expenses and generate improved operating income relative to its revenue over the years. This positive trend is a good sign for the company's financial health and may indicate enhanced operational efficiency and profitability.
Peer comparison
Dec 31, 2024