The Chefs' Warehouse, Inc. (CHEF)
NASDAQ: CHEF · Real-Time Price · USD
104.23
+2.67 (2.63%)
At close: Oct 30, 2026, 4:00 PM EDT
104.50
+0.27 (0.26%)
After-hours: Oct 30, 2026, 7:30 PM EDT
The Chefs' Warehouse Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 25, 2026 | Dec '25 Dec 26, 2025 | Dec '24 Dec 27, 2024 | Dec '23 Dec 29, 2023 | Dec '22 Dec 30, 2022 | Dec '21 Dec 24, 2021 |
Net Income | 102.44 | 72.36 | 55.48 | 34.59 | 27.75 | -4.92 |
Depreciation & Amortization | 77.3 | 72.02 | 59.49 | 49.63 | 32.49 | 28.89 |
Other Amortization | 6.11 | 6.11 | 5.45 | 5.98 | 5.76 | 6.08 |
Asset Writedown & Restructuring Costs | 8.02 | 8.02 | - | 1.84 | - | 0.6 |
Stock-Based Compensation | 28.81 | 21.24 | 17.78 | 20.04 | 13.6 | 11.48 |
Provision & Write-off of Bad Debts | 12.52 | 12.12 | 11.98 | 8.08 | 6.05 | -0.42 |
Other Operating Activities | 12.65 | 12.98 | 4.34 | 16.65 | 35.43 | 0.75 |
Change in Accounts Receivable | -62.9 | -35.85 | -44.81 | -48.81 | -48.23 | -70.78 |
Change in Inventory | -16.13 | -67.11 | -32.21 | -28.76 | -49.93 | -60.8 |
Change in Accounts Payable | 54.19 | 31.37 | 87.31 | 19.6 | 19.16 | 71.52 |
Change in Other Net Operating Assets | -8 | -4.04 | -11.75 | -17.19 | -18.94 | -2.29 |
Operating Cash Flow | 215.01 | 129.22 | 153.06 | 61.64 | 23.13 | -19.9 |
Operating Cash Flow Growth | 67.51% | -15.58% | 148.32% | 166.44% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 25, 2026 | Dec '25 Dec 26, 2025 | Dec '24 Dec 27, 2024 | Dec '23 Dec 29, 2023 | Dec '22 Dec 30, 2022 | Dec '21 Dec 24, 2021 |
Capital Expenditures | -33.5 | -41.43 | -49.51 | -57.43 | -45.85 | -38.8 |
Cash Acquisitions | -4.87 | -4.58 | -0.32 | -121.88 | -186.18 | -10.19 |
Other Investing Activities | -0.75 | -0.75 | - | - | - | - |
Investing Cash Flow | -39.12 | -46.76 | -49.82 | -179.31 | -232.02 | -48.99 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 25, 2026 | Dec '25 Dec 26, 2025 | Dec '24 Dec 27, 2024 | Dec '23 Dec 29, 2023 | Dec '22 Dec 30, 2022 | Dec '21 Dec 24, 2021 |
Long-Term Debt Issued | - | - | 46.43 | 60 | 629.72 | 51.75 |
Long-Term Debt Repaid | - | -48.57 | -56.48 | -35.55 | -351.07 | -57.61 |
Net Debt Issued (Repaid) | -57.66 | -48.57 | -10.05 | 24.45 | 278.65 | -5.86 |
Issuance of Common Stock | 2.04 | - | 0.18 | 0.06 | 0.07 | - |
Repurchase of Common Stock | -20.62 | -27 | -24.81 | -2.13 | -2.67 | -1.83 |
Other Financing Activities | - | -0.66 | -3.8 | -13.36 | -22.83 | -1.53 |
Financing Cash Flow | -76.24 | -76.22 | -38.48 | 9.01 | 253.22 | -9.22 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 25, 2026 | Dec '25 Dec 26, 2025 | Dec '24 Dec 27, 2024 | Dec '23 Dec 29, 2023 | Dec '22 Dec 30, 2022 | Dec '21 Dec 24, 2021 |
Foreign Exchange Rate Adjustments | 0.01 | 0.09 | 0.02 | -0.26 | -0.68 | -0.01 |
Net Cash Flow | 99.66 | 6.33 | 64.78 | -108.92 | 43.65 | -78.13 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 25, 2026 | Dec '25 Dec 26, 2025 | Dec '24 Dec 27, 2024 | Dec '23 Dec 29, 2023 | Dec '22 Dec 30, 2022 | Dec '21 Dec 24, 2021 |
Free Cash Flow | 181.51 | 87.79 | 103.56 | 4.21 | -22.71 | -58.7 |
Free Cash Flow Growth | 109.49% | -15.22% | 2358.57% | - | - | - |
Free Cash Flow Margin | 4.03% | 2.12% | 2.73% | 0.12% | -0.87% | -3.36% |
Free Cash Flow Per Share | 3.94 | 1.91 | 2.25 | 0.09 | -0.59 | -1.60 |
Levered Free Cash Flow | 158.95 | 68.84 | 86.95 | -5.23 | -90.92 | -58.02 |
Unlevered Free Cash Flow | 183.24 | 94.82 | 117.38 | 23.2 | -63.51 | -47.02 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 25, 2026 | Dec '25 Dec 26, 2025 | Dec '24 Dec 27, 2024 | Dec '23 Dec 29, 2023 | Dec '22 Dec 30, 2022 | Dec '21 Dec 24, 2021 |
Cash Interest Paid | 38.49 | 38.49 | 42.76 | 42.07 | 27.23 | 15.39 |
Cash Income Tax Paid | 36.18 | 22.91 | 19.16 | 19.36 | 4.28 | -0.23 |
Change in Working Capital | -32.84 | -75.64 | -1.45 | -75.17 | -97.94 | -62.35 |