Chewy, Inc. (CHWY) vs CarMax, Inc. (KMX)
CHWY leads on 8 of 13 compared metrics, though KMX is the cheaper stock.
A side-by-side comparison of Chewy, Inc. and CarMax, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CHWY vs KMX
growth of $100 · last 7yCHWY -47.0%KMX -36.8%KMX compounded faster
CHWY KMX
CHWY vs KMX: by the numbers
- •CHWY is the larger company ($7.68B vs $7.49B market cap).
- •KMX trades at the lower earnings multiple (32.77 vs 40.33 P/E).
- •CHWY converts more revenue to profit (1.57% vs 0.84% net margin).
- •CHWY grew revenue faster over the past five years (10.72% vs 2.39% CAGR).
Which is better, CHWY or KMX?
Metric tally: CHWY 8 · KMX 5It depends on what you're optimizing for:
ValueKMX(lower P/E)
GrowthCHWY(faster 5Y revenue CAGR)
QualityCHWY(higher ROIC)
Metrics side by side
Valuation
| Metric | CHWY | KMX |
|---|---|---|
| P/E ratio | 40.33 | 32.77● |
| Forward P/E | 16.99● | 19.58 |
| P/S ratio | 0.62 | 0.28● |
| P/B ratio | 18.55 | 1.23● |
| EV / EBITDA | 22.08 | — |
| FCF yield | 7.43% | 13.26%● |
Profitability
| Metric | CHWY | KMX |
|---|---|---|
| Gross margin | 29.72%● | 10.24% |
| Operating margin | 1.72%● | -1.85% |
| Net margin | 1.57%● | 0.84% |
| ROE | 47.05%● | 3.64% |
| ROIC | 16.18%● | -1.10% |
Growth (annualized)
| Metric | CHWY | KMX |
|---|---|---|
| Revenue CAGR (5Y) | 10.72%● | 2.39% |
| EPS CAGR (5Y) | — | -18.18% |
| FCF CAGR (5Y) | 47.61%● | 13.85% |
| Total return CAGR (5Y) | -25.40% | -16.16%● |
Frequently asked
- Which is better, CHWY or KMX?
- It depends on your goal. value: KMX (lower P/E); growth: CHWY (faster 5Y revenue CAGR); quality: CHWY (higher ROIC). Across all compared metrics, CHWY leads 8 to 5.
- Is CHWY or KMX cheaper?
- On trailing earnings, KMX is cheaper: CHWY trades at a 40.33 P/E and KMX at 32.77.
- Which has grown faster, CHWY or KMX?
- Over the past five years, CHWY grew revenue faster — CHWY at a 10.72% CAGR versus KMX at 2.39%.
- Is CHWY or KMX more profitable?
- CHWY runs the higher net margin — CHWY at 1.57% versus KMX at 0.84%.
- Which has been the better investment, CHWY or KMX?
- Over the past 5-year, KMX delivered the higher annualized total return — CHWY at -25.40% versus KMX at 1.31%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Chewy P/E ratioCarMax P/E ratioChewy dividend yieldCarMax dividend yieldChewy ROECarMax ROEChewy operating marginCarMax operating marginChewy revenue growthCarMax revenue growthChewy free cash flowCarMax free cash flow
Chewy & CarMax appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 27, 2026.