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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Chewy (CHWY) Operating Margin (2018 - 2026)

Chewy's Operating Margin history spans 9 years, with the latest figure at 1.3% for Q1 2026.

  • For Q1 2026, Operating Margin rose 160.0% year-over-year to 1.3%; the TTM value through Feb 2026 reached 2.02%, up 107.0%, while the annual FY2026 figure was 2.02%, 107.0% up from the prior year.
  • Operating Margin reached 1.3% in Q1 2026 per CHWY's latest filing, down from 2.09% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 2.47% in Q2 2025 to a low of 2.62% in Q1 2022.
  • Average Operating Margin over 5 years is 0.64%, with a median of 0.89% recorded in 2023.
  • Peak YoY movement for Operating Margin: crashed -368bps in 2022, then soared 322bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 0.02% in 2022, then tumbled by -1965bps to 0.35% in 2023, then soared by 351bps to 0.89% in 2024, then skyrocketed by 135bps to 2.09% in 2025, then tumbled by -38bps to 1.3% in 2026.
  • Per Business Quant, the three most recent readings for CHWY's Operating Margin are 1.3% (Q1 2026), 2.09% (Q4 2025), and 2.25% (Q3 2025).