Chefs Effective Tax Rate from 2010 to 2024

CHEF Stock  USD 44.95  0.21  0.47%   
Chefs Warehouse's Effective Tax Rate is increasing over the last several years with very volatile swings. Effective Tax Rate is estimated to finish at 0.26 this year. During the period from 2010 to 2024 The Chefs Warehouse Effective Tax Rate regressed destribution of quarterly values had coefficient of variationof  19.07 and r-value of  0.01. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.13920069
Current Value
0.26
Quarterly Volatility
0.05289978
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chefs Warehouse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chefs Warehouse's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.4 M, Interest Expense of 47.7 M or Selling General Administrative of 701.6 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.004 or Days Sales Outstanding of 43.08. Chefs financial statements analysis is a perfect complement when working with Chefs Warehouse Valuation or Volatility modules.
  
Check out the analysis of Chefs Warehouse Correlation against competitors.

Latest Chefs Warehouse's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of The Chefs Warehouse over the last few years. Effective Tax Rate is the average rate at which Chefs Warehouse pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Chefs Warehouse total tax expenses by Chefs Warehouse earnings before taxes. It is Chefs Warehouse's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chefs Warehouse's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Very volatile
   Effective Tax Rate   
       Timeline  

Chefs Effective Tax Rate Regression Statistics

Arithmetic Mean0.28
Geometric Mean0.27
Coefficient Of Variation19.07
Mean Deviation0.03
Median0.27
Standard Deviation0.05
Sample Variance0
Range0.2372
R-Value0.01
Mean Square Error0
R-Squared0.000065
Significance0.98
Slope0.000095
Total Sum of Squares0.04

Chefs Effective Tax Rate History

2024 0.26
2023 0.14
2021 0.38

About Chefs Warehouse Financial Statements

Chefs Warehouse stakeholders use historical fundamental indicators, such as Chefs Warehouse's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Chefs Warehouse investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chefs Warehouse's assets and liabilities are reflected in the revenues and expenses on Chefs Warehouse's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Chefs Warehouse. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.14  0.26 

Currently Active Assets on Macroaxis

When determining whether Chefs Warehouse is a strong investment it is important to analyze Chefs Warehouse's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chefs Warehouse's future performance. For an informed investment choice regarding Chefs Stock, refer to the following important reports:
Check out the analysis of Chefs Warehouse Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chefs Warehouse. If investors know Chefs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chefs Warehouse listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.766
Earnings Share
1.16
Revenue Per Share
98.108
Quarterly Revenue Growth
0.056
Return On Assets
0.0444
The market value of Chefs Warehouse is measured differently than its book value, which is the value of Chefs that is recorded on the company's balance sheet. Investors also form their own opinion of Chefs Warehouse's value that differs from its market value or its book value, called intrinsic value, which is Chefs Warehouse's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chefs Warehouse's market value can be influenced by many factors that don't directly affect Chefs Warehouse's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chefs Warehouse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chefs Warehouse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chefs Warehouse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.