Filing Flows › Comparisons › PFGC vs CHEF
Performance Food Group vs Chefs' Warehouse: PFGC and CHEF compared
Performance Food Group is the larger company: $18.0B of revenue in its latest quarter (Q1 FY27) against $1.1B for Chefs' Warehouse (Q3 2026). Chefs' Warehouse is growing faster (+11% against +6% a year earlier). Chefs' Warehouse is more profitable, with an operating margin of 4.5% against 1.5%.
Where the money goes: PFGC and CHEF
Performance Food Group (PFGC) · Q1 FY27
Performance Food Group, Q1 FY27: revenue $18.0B (+6% year over year), operating margin 1.5%, net earnings $130M, operating cash flow −$89.3M. The chart follows the revenue to costs, profit and cash.
Chefs' Warehouse (CHEF) · Q3 2026
Chefs' Warehouse, Q3 2026: revenue $1.1B (+11% year over year), operating margin 4.5%, net earnings $29.6M, operating cash flow $44.5M. The chart follows the revenue to costs, profit and cash.
| Performance Food Group (PFGC) | Chefs' Warehouse (CHEF) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q3 2026 |
| Revenue | $18.0B | $1.1B |
| Revenue growth, Y/Y | +6% | +11% |
| Gross margin | 12.1% | 25.0% |
| Operating margin | 1.5% | 4.5% |
| Net earnings | $130M | $29.6M |
| Net margin | 0.7% | 2.6% |
| Operating cash flow | −$89.3M | $44.5M |
| Free cash flow | — | $36.0M |
| Market value | $17.3B | $4.8B |
| P/E | 43.7× | 44.5× |
| Analysts’ mean target | $126.92 | $126.12 |
Where the revenue comes from
Performance Food Group
- Foodservice: $9.6B (53%)
- Convenience: $6.9B (38%)
- Specialty: $1.4B (8%)
- Corporate and Other: $75.3M (0%)
Chefs' Warehouse
- Total Specialty: $686M (60%)
- Dry Goods: $182M (16%)
- Produce: $152M (13%)
- Cheese and Charcuterie: $78.6M (7%)
Questions
Which is bigger, Performance Food Group or Chefs' Warehouse?
Performance Food Group is the larger company: $18.0B of revenue in its latest quarter (Q1 FY27) against $1.1B for Chefs' Warehouse (Q3 2026).
Is Performance Food Group or Chefs' Warehouse growing faster?
Chefs' Warehouse is growing faster (+11% against +6% a year earlier).
Which is more profitable, Performance Food Group or Chefs' Warehouse?
Chefs' Warehouse is more profitable, with an operating margin of 4.5% against 1.5%.
More: Performance Food Group earnings · how Performance Food Group makes money · Chefs' Warehouse earnings · how Chefs' Warehouse makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.