The Chefs Warehouse Inc (CHEF)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 454,672 | 434,782 | 422,975 | 405,952 | 401,509 | 384,949 | 373,687 | 354,425 | 350,211 | 339,066 | 333,049 | 328,016 | 344,590 | 378,008 | 387,317 | 319,617 | 335,933 | 322,601 | 317,395 | 308,423 |
| ROE | 7.61% | 4.55% | 4.90% | 6.84% | 6.91% | 9.10% | 8.08% | 4.06% | -1.41% | -14.87% | -19.61% | -26.44% | -24.06% | -9.25% | -4.93% | 2.81% | 7.20% | 6.88% | 6.91% | 6.81% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $34,590K ÷ $454,672K
= 7.61%
The return on equity (ROE) of The Chefs Warehouse Inc has shown some variability over the past few years. In the most recent quarter, the ROE was 7.61%, indicating that the company generated a return of 7.61% on its shareholders' equity during that period. This represents an improvement from the previous quarter's ROE of 4.55%, suggesting a strengthening performance.
Looking back further, the ROE has displayed fluctuations, ranging from negative values to positive values, reflecting changes in the company's profitability and efficiency in utilizing shareholders' equity to generate earnings.
It is important to note that a negative ROE, as observed in some quarters such as -1.41%, -14.87%, and -19.61%, indicates that the company's net income was not sufficient to cover the shareholders' equity, which may raise concerns about the company's financial health and operational efficiency during those periods.
Overall, the trend in ROE for The Chefs Warehouse Inc has been mixed, with periods of improvement and deterioration. Further analysis of the company's financial and operational performance would be needed to understand the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2023