Chewy (CHWY) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 30.1%
EBITDA Margin: 4.9%
Op. Margin: 3.8%
Net Margin: 2.8%

Op. margin of 3.8% is up 1.4% YoY — cost efficiency is improving. Net margin at 2.8% and gross margin of 30.1% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit