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).

Compare

Total return — CHWY vs KMX

growth of $100 · last 7y
CHWY -47.0%KMX -36.8%KMX compounded faster
100200300Start $100202120232025$53$63
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 5

It depends on what you're optimizing for:

ValueKMX(lower P/E)
GrowthCHWY(faster 5Y revenue CAGR)
QualityCHWY(higher ROIC)

Metrics side by side

Valuation

MetricCHWYKMX
P/E ratio40.3332.77
Forward P/E16.9919.58
P/S ratio0.620.28
P/B ratio18.551.23
EV / EBITDA22.08
FCF yield7.43%13.26%

Profitability

MetricCHWYKMX
Gross margin29.72%10.24%
Operating margin1.72%-1.85%
Net margin1.57%0.84%
ROE47.05%3.64%
ROIC16.18%-1.10%

Growth (annualized)

MetricCHWYKMX
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.

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.