CHEFThe Chefs' Warehouse, Inc.

$111.97

Is it safe?

Can CHEF take a bad year?

The Chefs' Warehouse, Inc. carries $628M of net debt at 3.19× EBITDA: a load its earnings can carry.

$628M

Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.19×

Net debt / EBITDA · 3.43× a year ago · the load is coming down

Altman Z-score
4.34

Altman Z-score · safe zone, above 3

Interest cover
3.73×

Interest cover · operating profit covers the interest bill, with room to spare

Details
Total debtQ1 2026
$750M
Cash and short-term investments
$123M
Net debt
$628M
EBITDA, trailing twelve months
$197M
Operating profit, trailing twelve months
$156M
Debt / equity
1.23×
Total debt / EBITDA
3.81×
Annualised volatilitytwo years of daily moves
37%
Worst drawdown on file
−91%
Below its 52-week high
−1.4%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.