Is the business good?
How good a business is CHWY?
Chewy, Inc. keeps 2.4% of every revenue dollar as operating profit, against 7.6% for the median Internet Retail name.
2.4%
Operating margin · Internet Retail median 7.6% · 12 months to Q1 2026
- Cash conversion
- 2.29×
Cash conversion · 1.16× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −1.5%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 30%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −1.3% |
| FY2021 | −0.82% |
| FY2022 | 0.56% |
| FY2023 | −0.21% |
| FY2024 | 0.95% |
| FY2025 | 2.0% |
Details›
- Gross margin12 months to Q1 2026
- 30%
- Operating margin12 months to Q1 2026
- 2.4%
- Net margin12 months to Q1 2026
- 2.0%
- Free cash flow margin
- 4.5%
- Revenue, trailing twelve months
- $12.8B
- Free cash flow, trailing twelve months
- $585M
- Net income, trailing twelve months
- $255M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Internet Retail
Ranks #13 of 18 by Smart Score