Chefs' Warehouse vs Amcon Distributing
Chefs' Warehouse is the larger business, with $4.15bn of revenue in fiscal 2025 against $2.82bn for Amcon Distributing (1.5 times as much). Chefs' Warehouse grew faster (9.4% against 3.9%). Chefs' Warehouse kept more of each dollar of sales as profit: a net margin of 1.7% against 0.0%. Amcon Distributing carries less debt relative to equity (117.0% against 123.9%).
| Latest fiscal year | Chefs' WarehouseCHEF, 2025 | Amcon DistributingDIT, 2025 |
|---|---|---|
| Revenue | $4.15bn | $2.82bn |
| Revenue growth | 9.4% | 3.9% |
| Net income | $72.4m | $568,739 |
| Operating margin | 3.5% | 0.4% |
| Net margin | 1.7% | 0.0% |
| Return on equity | 12.7% | 0.5% |
| Free cash flow | $87.8m | $9.7m |
| Cash | $121m | $744,613 |
| Total debt | $749m | $132m |
| Debt to equity | 123.9% | 117.0% |
| Dividend per share | — | $1.00 |
| Dividend yield | — | 1.1% |
| Share buybacks | $15.0m | $1.1m |
| Employees | — | — |
| Market value | $4.21bn | $59.9m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 27 (Weak) | 42 (Weak) |
| Insider trades, 12 months | 0 buys, 18 sales | 0 buys, 0 sales |