Chefs' Warehouse vs US Foods
US Foods reported revenue of $39.4 billion in fiscal 2025, 9.5 times Chefs' Warehouse's $4.1 billion in fiscal 2025. Chefs' Warehouse's revenue grew 9.4% in its latest year, and US Foods' grew 4.1%. Chefs' Warehouse had an operating margin of 3.5%, against 3.0% at US Foods. Free cash flow was $88 million at Chefs' Warehouse and $959 million at US Foods. Their fiscal years end in different months (December 26 and December 27), so the periods don't line up exactly.
Side by side
| Chefs' Warehouse | US Foods | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 26, 2025 | FY2025, Dec 27, 2025 |
| Revenue | $4.1B | $39.4B |
| Revenue growth | 9.4% | 4.1% |
| Revenue growth a year, last 5 years | 30.1% | 11.5% |
| Gross margin | 24.2% | 17.4% |
| Operating margin | 3.5% | 3.0% |
| Net margin | 1.7% | 1.7% |
| Free cash flow | $88M | $959M |
| Free cash flow margin | 2.1% | 2.4% |
| Return on capital | 8.5% | 9.6% |
| Net debt to EBITDA | 3.2x | 3.1x |
| Dividends and buybacks | $15M | $926M |
| Change in diluted share count | 0.0% | −5.7% |
| Last close | $106.33 | $101.36 |
| P/E at the last close | 58.1× | 31.2× |
| Insider trades, last 12 months | sold $35.7 million | sold $18.5 million |
| Piotroski F-score | 8 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Chefs' WarehouseUS Foods
Operating margin
Percent of revenue
Chefs' WarehouseUS Foods
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Chefs' WarehouseUS Foods
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Chefs' Warehouse and US Foods pages.