The Chefs' Warehouse, Inc.

CHEFNASDAQConsumer Defensive● Active

$81.09

+$0.35(+0.44%)

Market Cap$3.3B

P/E Ratio—

52W High$82.81

52W Low$53.2

Avg Volume460K

Open$80.98

Beta1.44

Free Cash Flow Financials Revenue

The Chefs' Warehouse, Inc. (CHEF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CHEF · free cash flow · updated Jun 8, 2026

Core FCF metrics

CHEF · FCF · TTM · margin & CAGR

Free cash flow was $87.8M for FY2025 (fiscal year ending 2025-12-26), down 15.2% year-over-year The FCF margin was 2.1%. Five-year CAGR stands at +19.6%.

FY2025 Free Cash Flow$87.8M▼ -15.2% YoY

Trailing 12M (TTM)$81.1Mtrailing 4 quarters sum

FCF Margin2.1%$87.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR+19.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CHEF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$129.2M(41M)$87.8M▼ 15.2%2.1%

FY2024$153.1M(50M)$103.6M▲ +2358.6%2.7%

FY2023$61.6M(57M)$4.2M▲ +118.5%0.1%

FY2022$23.1M(46M)−$22.7M▲ +61.3%-0.9%

FY2021−$19.9M(39M)−$58.7M▼ 263.8%-3.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CHEF · P/FCF · FCF yield · FCF per share

The Chefs' Warehouse, Inc. (CHEF) trades at a FCF yield of 2.43% and a price-to-free-cash-flow ratio of 38.6x. FCF per share stands at $2.10, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.43%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.10

TTM FCF ÷ Shares Outstanding

Price / FCF

x38.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x42.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-26

Cash flow statement summary

CHEF · cash flow statement · operating / investing / financing

For FY2025, The Chefs' Warehouse, Inc. generated $129.2M in operating cash flow and spent 41M in capital expenditures, yielding $87.8M in free cash flow.

Operating Activities

+$129.2M

Cash from core business operations

2025-12-26

Investing Activities

−$46.8M

CapEx, acquisitions & investments

2025-12-26

Financing Activities

−$76.2M

Buybacks, dividends & debt

2025-12-26

FCF FormulaOperating CF ($129.2M) − |CapEx| (41M) = FCF ($87.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

CHEF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Chefs' Warehouse, Inc.YOU

CHEF

$87.8M-15.2%2.1%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Chefs' Warehouse, Inc. (CHEF) reported free cash flow of $87.8M for FY2025 (fiscal year ending 2025-12-26), down 15.2% year-over-year. The FCF margin was 2.1%.

Based on available data, The Chefs' Warehouse, Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $103.6M in FY2024. The 5-year CAGR stands at +19.6%.

The Chefs' Warehouse, Inc.'s FCF yield is 2.43% and price-to-FCF ratio is 38.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CHEF free cash flow · 8 questions

The Chefs' Warehouse, Inc. free cash flow was $87.8M for FY2025, down 15.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $81.1M.

CHEF free cash flowCHEF FCFCHEF FCF 2025CHEF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Chefs' Warehouse, Inc. · The Chefs' Warehouse, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026