Company / Operating Margin
Chewy Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
2.0%
FY2025
5-year range
-0.8% / 2.0%
FY2021-FY2025
Trend
+112.6%
vs FY2024
Sector context
#161 of 196
Consumer Discretionary
What the data says
Chewy's operating margin of 2.0% is lower than 82% of companies in the Consumer Discretionary sector (FY2025). Improved from -0.2% to 2.0% over the past 2 years.
Based on SEC 10-K filings.
2.0% in FY2025 with a 5-year CAGR of +3.3%.
Improved from -0.2% to 2.0% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +1.5pp
- 5-Year Change
- +3.3pp
- 10-Year Change
- -
Sector benchmark
Bottom 18% in Consumer DiscretionaryTop 82% of 196This company 2.0% Sector average 3.6%
▼
-43.9% below sector average
Key checks
Key Insights
- In FY2025, operating margin increased 112.6% year-over-year.
- Currently 1.6pp below the Consumer Discretionary sector average.
- Lowest operating margin in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 3.64 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 44.0%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 2.0% | +112.6% |
| FY2024 | 0.9% | +552.4% |
| FY2023 | -0.2% | -137.5% |
| FY2022 | 0.6% | +168.3% |
| FY2021 | -0.8% | +35.4% |
| FY2020 | -1.3% | +75.6% |
| FY2019 | -5.2% | +31.3% |
| FY2018 | -7.6% | +52.8% |
| FY2017 | -16.1% | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026