CHWY vs HRL Stock Comparison

Chewy and Hormel Foods Prices as of Oct 23, 2026 Peers: Industry group
CHWY Chewy, Inc.
$21.93 +18.2% 1M -39.5% 1Y
Market cap
$8.92B
P/E
32.6x
Revenue (TTM)
$13.07B
Div. yield
–
Packaged Foods Consumer Staples
4 wins
HRL Hormel Foods Corp /De/
$21.05 +5.7% 1M -11.4% 1Y
Market cap
$11.52B
P/E
33.6x
Revenue (TTM)
$12.15B
Div. yield
0.06%
Packaged Foods Consumer Staples
6 wins

Head to Head

10 decided of 12

Hormel Foods leads on 6 of the 12 questions below (Hormel Foods 6, Chewy 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCHWYHRLLeader
Larger companyMarket capitalisation $8.92B $11.52B HRL
Cheaper on earningsLower P/E, profitable companies only 32.6x 33.6x CHWY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.9x 15.0x HRL
Faster revenue growthRevenue growth, trailing twelve months +5.9% +0.7% CHWY
More profitableNet margin, trailing twelve months 2.1% 2.8% HRL
Better return on capitalReturn on invested capital — 3.5% –
Less leveragedLower net debt / EBITDA 0.0x 1.8x CHWY
Higher dividend yieldTrailing dividend yield 0.00% 0.06% –
Better 1-year returnPrice return, last 12 months -39.5% -11.4% HRL
Better 5-year returnAnnualised price return, 5 years -19.7%/yr -12.9%/yr HRL
Less volatileAnnualised volatility, 1 year 47.2% 30.0% HRL
Higher overall scoreMean of the five percentile scores vs peers 68/100 49/100 CHWY

Percentile Scorecard

CHWYHRL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCHWYHRL
Valuation 55 #21 of 45 66 #16 of 45
Growth 88 #6 of 42 27 #31 of 42
Profitability 56 #18 of 40 49 #21 of 40
Financial Health 61 #19 of 47 74 #13 of 47
Shareholder Returns 80 #7 of 31 30 #22 of 31
Overall 68 49
  • CHWY ranked among 48 companies in Branded Foods
  • HRL ranked among 48 companies in Branded Foods

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCHWYHRLSPY
1 month +18.2%+5.7% -1.0%
3 months +5.1%-16.8% +2.9%
6 months -15.7%-2.3% +6.4%
Year to date -33.6%-11.2% +11.4%
1 year -39.5%-11.4% +13.1%
3 years +28.1%-32.0% +79.4%
3 years, per year +8.6%-12.1% +21.5%
5 years -66.5%-49.9% +67.7%
5 years, per year -19.7%-12.9% +10.9%
10 years —-44.2% +255.2%
10 years, per year —-5.7% +13.5%

Risk

MeasureCHWYHRLSPY
Volatility, 1Y 47.2%30.0% 12.7%
Downside volatility, 1Y 48.0%29.8% 12.7%
Beta vs S&P 500, 1Y 0.76-0.18 1.00
Return / volatility, 1Y -0.84-0.38 1.03
Max drawdown, 5Y -81.2%-65.0% -25.4%
From 52-week high -39.5%-20.6% -2.5%
52-week high $36.23$26.51 $779.14
52-week low $17.51$19.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCHWYHRL
P/E now vs peer median 32.6xmedian 20.7x 33.8xmedian 20.7x
P/S now vs peer median 0.7xmedian 0.7x 1.0xmedian 0.7x
EV/EBITDA now vs peer median 18.6xmedian 12.4x 12.6xmedian 12.4x
P/FCF now vs peer median 15.5xmedian 14.0x 14.8xmedian 14.0x
P/B now vs peer median 23.8xmedian 1.5x 1.5xmedian 1.5x
PEG now vs peer median 0.42median 0.42 -1.25median 0.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCHWYHRL
Revenue $13.07B $12.15B
Gross profit $3.91B $1.90B
Operating income $328.20M $573.89M
Net income $273.70M $342.71M
Free cash flow $568.10M $780.87M
EPS (diluted) $0.67 $0.62
Cash & equivalents $611.00M $839.64M
Total debt $591.70M $11.43B
Shares (diluted) 410.10M 551.07M
Enterprise value $6.21B $8.18B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCHWYHRL
P/E 32.6x 33.8x
P/FCF 15.5x 14.8x
P/Operating cash flow 12.3x 10.6x
P/S 0.7x 1.0x
P/B 23.8x 1.5x
P/Tangible book 39.9x 1.8x
EV/EBITDA 18.6x 12.6x
EV/EBIT 26.8x 23.6x
EV/Revenue 0.7x 1.1x
EV/FCF 15.5x 17.4x
EV/Operating cash flow 12.2x 12.4x
PEG (3Y EPS CAGR) 0.42 -1.25

Growth

14 metrics
MetricCHWYHRL
Revenue growth (1Y) 5.9% 0.7%
Revenue CAGR (3Y) 6.4% -0.1%
Gross profit growth (1Y) 7.6% -3.2%
Gross profit CAGR (3Y) 8.5% -2.5%
Operating income growth (1Y) 102.0% -43.2%
Operating income CAGR (3Y) 139.1% -21.1%
Net income growth (1Y) 81.1% -54.6%
Net income CAGR (3Y) 73.8% -26.9%
EPS growth (1Y) 89.2% -54.6%
EPS CAGR (3Y) 76.8% -27.0%
Operating cash flow growth (1Y) 17.3% 17.3%
Operating cash flow CAGR (3Y) 10.9% -0.3%
Free cash flow growth (1Y) 22.7% 24.4%
Free cash flow CAGR (3Y) 18.6% -2.5%

Profitability

14 metrics
MetricCHWYHRL
Gross margin 29.9% 15.7%
EBITDA margin 3.6% 8.9%
Operating margin 2.5% 4.7%
Pretax margin 2.7% 4.3%
Net margin 2.1% 2.8%
FCF margin 4.3% 6.4%
Operating cash flow margin 5.5% 9.0%
Return on equity 68.9% 4.3%
Return on assets 7.8% 2.6%
Return on invested capital – 3.5%
Return on capital employed 24.9% 5.0%
Asset turnover 3.7x 0.9x
Cash conversion (OCF / net income) 2.6x 3.2x
Stock comp / revenue 2.3% 0.2%

Financial Health

11 metrics
MetricCHWYHRL
Debt / assets 15.8% 21.5%
Debt / equity 1.6x 0.4x
Net debt / EBITDA 0.0x 1.8x
Debt / FCF 1.0x 3.7x
Liabilities / assets 90.1% 40.9%
Equity / assets 9.9% 59.1%
Interest coverage – 7.3x
Current ratio 0.8x 1.9x
Quick ratio 0.4x 0.9x
Cash ratio 0.3x 0.5x
Altman Z-score 4.79 3.27

Shareholder Returns

7 metrics
MetricCHWYHRL
Dividend yield – 5.5%
Net buyback yield 5.8% –
Shareholder yield 5.8% 5.5%
Payout ratio (earnings) – 187.0%
Payout ratio (FCF) – 82.1%
Dividend growth (1Y) – 1.9%
Dividend CAGR (3Y) – 3.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCHWYHRL
Forward P/E 28.9xFY2026 15.0xFY2026
EPS, next fiscal year $0.76FY2026 $1.40FY2026
EPS growth, next FY +46.2%FY2026 +2.2%FY2026
EPS growth, the year after +47.4% +17.9%
Revenue, next fiscal year $12.86BFY2026 $11.68BFY2026
Revenue growth, next FY +2.1%FY2026 -3.5%FY2026
Revenue growth, the year after +5.6% +2.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCHWYHRL
Held by institutions 100.0% 43.8%
Institutions holding 511 622
Change in shares held, QoQ -0.4% -4.0%
Institutions buying 277 323
Institutions selling 155 230
Buyers to sellers 1.79 1.40

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CHWYHRL
CHWY 1.00 0.18
HRL 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CHWY and HRL?

Hormel Foods (HRL) is the largest by market capitalisation: Chewy (CHWY) $8.92B, Hormel Foods (HRL) $11.52B.

Which stock is cheaper, CHWY and HRL?

Chewy (CHWY) trades on the lowest price-to-earnings ratio (Chewy (CHWY) 32.6x, Hormel Foods (HRL) 33.6x). On next year's consensus earnings, Hormel Foods (HRL) is cheapest (Chewy (CHWY) 28.9x, Hormel Foods (HRL) 15.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Chewy (CHWY) grew revenue fastest over the trailing twelve months: Chewy (CHWY) +5.9%, Hormel Foods (HRL) +0.7%.

Which company is more profitable?

Hormel Foods (HRL) has the highest net margin (Chewy (CHWY) 2.1%, Hormel Foods (HRL) 2.8%).

Which stock has performed better?

Over the past year Hormel Foods (HRL) returned the most: Chewy (CHWY) -39.5%, Hormel Foods (HRL) -11.4%. Over five years, Hormel Foods (HRL) compounded fastest (Chewy (CHWY) -19.7%/yr, Hormel Foods (HRL) -12.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Chewy (CHWY) 0.00%, Hormel Foods (HRL) 0.06%. Chewy (CHWY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Hormel Foods (HRL) has been the steadiest (Chewy (CHWY) 47.2%, Hormel Foods (HRL) 30.0%). Volatility measures how widely the price swings, not the risk of the business.

Do CHWY and HRL move together?

Their daily returns over the past year have a correlation of 0.18, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, CHWY and HRL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hormel Foods (HRL) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.