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The Chef's Warehouse CHEF Food Processing Costs — Depreciation

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Other financials

Income statement

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Revenue$1.2B+12.9%
Gross profit$292.9M+15.2%
Operating income$58.6M+45.8%
Net income$33.8M+59.0%
EPS (diluted)$0.76+55.1%

Balance sheet

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Cash & equivalents$135.5M+39.8%
Total debt$1.1B+7.6%
Total equity$648.2M+16.2%
Total assets$2.0B+6.2%

Cash flow

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Operating cash flow$58.4M+303%
CapEx$9.2M-7.5%
Free cash flow$49.2M+987%

Valuation

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Market cap$4.45B+66.1%
Enterprise value$5.42B+50.1%
P/E48.4×+9.9×
P/S+0.3×

Profitability

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Gross margin24.5%+0.3pp
Operating margin4%+0.4pp
Net margin2.1%+0.3pp
FCF margin3%+1.8pp

Returns & leverage

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Return on equity15.3%+1.6pp
Debt / equity1.7×-0.1×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by The Chef's Warehouse in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: The Chef's Warehouse’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 8:30 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001517175-26-000028

(4) Food processing costs included $236 and $257 of depreciation expense for the thirteen weeks ended June 26, 2026 and June 27, 2025, respectively, $478 and $518 for the twenty-six weeks ended June 26, 2026 and June 27, 2025, respectively.

Item 1. Condensed Consolidated Financial Statements (unaudited):

FAQ

What is The Chef's Warehouse's food processing costs — depreciation?
The Chef's Warehouse (CHEF) reported food processing costs — depreciation of $236K in Q2 2026.
How has The Chef's Warehouse's food processing costs — depreciation changed year-over-year?
The Chef's Warehouse's food processing costs — depreciation decreased by 8.2% year-over-year, from $257K to $236K.
What is the long-term trend for The Chef's Warehouse's food processing costs — depreciation?
Over 3 years (2022 to 2025), The Chef's Warehouse's food processing costs — depreciation has grown at a -14.2% compound annual growth rate (CAGR), from $1.6M to $1.01M.
What does food processing costs — depreciation mean?
This metric captures the systematic allocation of the cost of tangible assets, such as processing machinery and food preparation equipment, used within the specific business segment over their useful lives. It reflects the non-cash expense associated with the wear and tear of capital investments required to maintain production capabilities. Analyzing this expense provides insight into the segment's capital intensity and the ongoing reinvestment required to sustain operational output.

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