Fundamental analysis · SEC EDGAR · TTM through 02/08/2026

Fundamental analysis of Chewy, Inc.

CHWY · NYSE · Consumer

Fundamental quality

ATTRACTIVE

77

out of 100

Chewy, Inc. earns a fundamental-quality score of 77 out of 100, profiling it as a company with solid fundamentals. Its score rests mainly on its growth (revenue +11.6%/yr). Its weakest area is its profitability (net margin 2.1%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Chewy is American pets' online store: food, medicine and accessories delivered home, with most sales on automatic subscription. The dog's pharmacy and supermarket, with customer service so famous it sends flowers when a pet dies.

What will shape its future

  • Subscriptions (Autoship): the recurrence making its cash predictable.
  • The vet pharmacy, its expanding high margin.
  • Spend per pet and adoptions, its clientele's underlying cycle.

Breakdown by area

I.Growth
95

EPS growth: 61.9% · Revenue growth: 11.6%

II.Profitability
60

Net margin: 2.1% · ROE: 73.9% · ROIC: 72.1%

III.Financial health
75

Net debt/EBITDA: -0.04x · FCF: 4.3%

Source: SEC EDGAR · TTM through 02/08/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 98 Consumer companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 28%
ROEbeats 96%
Growthbeats 67%
Cash generationbeats 38%
Less debtbeats 81%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Chewy, Inc. strengths

  • Outstanding return on equity (ROE of 73.9%): it puts shareholder capital to good use.
  • Growing earnings per share (61.9% annualized).
  • It has turned profitable after years of losses.
  • Revenue rising without interruption since 2021.

Chewy, Inc. risks and weaknesses

  • Thin margins (net margin of 2.1%), little cushion for setbacks.

Chewy, Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
20217,146-922-563
20228,967-759-603
202310,11950119-332
202411,14840343-602
202511,861393453-596
202612,602223562-860

Between 2021 and 2026, revenue went from $7,146M to $12,602M (+76%) and net income went from -$92M to $223M (+341%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended August 2, 2026, versus the half-year ended August 3, 2025 (SEC filings):

  • Revenue+7.5%
  • Net income+40.9%

What changed with the August 2, 2026 results

Compared with the previous close (May 3, 2026), this is what moved in its accounts:

  • ROE60.2%73.9%
  • Net debt/EBITDA-1.1×-0.04×

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

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Is Chewy, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Chewy, Inc. a good company to invest in?

In terms of business quality, Chewy, Inc. scores 77 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Chewy, Inc. a profitable company?

Chewy, Inc. is profitable, with a net margin of 2.1%, though a thin one.

Does Chewy, Inc. have a lot of debt?

No. Chewy, Inc. has a net cash position: more cash than debt.

Is Chewy, Inc. growing?

Its revenue has grown 11.6% annualized in recent years and its earnings per share 61.9%, and without interruption since 2021.

Does Chewy, Inc. generate cash?

Yes. It converts about 4.3% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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