What are Chewy's profit margins?

Chewy (CHWY) runs a 29.9% gross margin and a 2.4% operating margin, with a 2.0% net margin.

Where do Chewy's ratios come from?

Every ratio is computed from Chewy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Chewy CHWY Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	29.9%+0.7pp	29.8%+0.6pp	29.6%+0.4pp	29.5%+0.5pp	29.2%+0.6pp
Operating margin	2.4%+1.3pp	2%+1.0pp	1.7%+0.8pp	1.4%+0.8pp	1.1%+1.0pp
Net margin	2%-1.2pp	1.8%-1.5pp	1.6%-1.9pp	1.2%-2.0pp	3.2%+2.5pp
EBITDA margin	3.4%+1.4pp	3%+1.0pp	2.7%+0.8pp	2.4%+0.8pp	2.1%+1.0pp
Free cash flow margin	4.6%+0.8pp	4.5%+0.6pp	3.9%+0.7pp	3.8%+1.5pp	3.7%+1.3pp
Returns
Return on equity	63.8%-12.4pp	58.7%-43.1pp	59.6%-70.0pp	34.5%-50.4pp	76.2%+57.0pp
Return on assets	8%-4.4pp	7%-5.7pp	6.6%-7.0pp	4.9%-7.2pp	12.4%+9.6pp
Return on invested capital	65.1%-11.2pp	108.6%+71.9pp	65.3%+38.3pp	43.7%+26.7pp	76.3%—
Efficiency
Asset turnover	4×+0.2×	3.9×+0.1×	4×+0.1×	4×+0.2×	3.9×+0.1×
Inventory turnover	9.9×-1.1×	10.4×-0.4×	9.8×-0.5×	10.4×0.0×	11×+0.2×
Liquidity
Current ratio	0.8×0.0×	0.9×+0.1×	0.9×+0.1×	0.8×0.0×	0.8×-0.3×
Quick ratio	0.4×-0.1×	0.5×+0.1×	0.4×+0.1×	0.4×0.0×	0.4×-0.3×
Cash ratio	0.2×-0.1×	0.4×+0.1×	0.3×+0.1×	0.3×-0.1×	0.3×-0.3×
Leverage
Debt-to-equity	1.2×-0.2×	1.1×-0.9×	1.2×-1.2×	1.4×+0.2×	1.4×+0.6×
Debt-to-assets	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Net debt / EBITDA	0.1×+0.4×	-0.8×-0.5×	-0.3×-0.5×	-0.2×+0.6×	-0.3×+4.4×
Per Share
Book value per share	$1.01+14.6%	$1.17+92.7%	$1.10+111%	$0.91-18.1%	$0.88-40.1%
Valuation
Market capitalization	$9.22B-50.3%	$11.38B-25.0%	$14.42B+5.8%	$16.91B+41.6%	$18.53B+100%
Enterprise value	$9.26B-49.8%	$11.08B-26.7%	$14.31B+4.7%	$16.85B+42.8%	$18.45B+113%
Price / earnings	36.1×-11.6×	51.1×+12.4×	69.9×+36.0×	111.9×+79.0×	47.7×-62.8×
Price / sales	0.7×-0.8×	0.9×-0.4×	1.1×0.0×	1.4×+0.3×	1.5×+0.7×
Price / book	21.7×-27.6×	22.9×-35.2×	30.7×-30.3×	43.4×+18.8×	49.3×+35.0×
EV / EBITDA	20.9×-52.5×	28.9×-34.9×	42.6×-21.5×	57.6×-10.0×	73.5×+4.2×
EV / sales	0.7×-0.8×	0.9×-0.4×	1.1×-0.1×	1.4×+0.3×	1.5×+0.8×
Free cash flow yield	6.3%+3.9pp	4.9%+2.0pp	3.4%+0.7pp	2.7%+0.6pp	2.4%-0.5pp
Earnings yield	2.8%+0.7pp	2%-0.6pp	1.4%-1.5pp	0.9%-2.1pp	2.1%+1.2pp

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Questions, answered.

What are Chewy's profit margins?: Chewy (CHWY) runs a 29.9% gross margin and a 2.4% operating margin, with a 2.0% net margin.
Where do Chewy's ratios come from?: Every ratio is computed from Chewy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.