Chewy, Inc. (CHWY) vs Macy's, Inc. (M)
M leads on 10 of 14 compared metrics.
A side-by-side comparison of Chewy, Inc. and Macy's, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CHWY vs M
growth of $100 · last 7yCHWY -50.0%M +14.4%M compounded faster
CHWY M
CHWY vs M: by the numbers
- •CHWY is the larger company ($7.25B vs $6.49B market cap).
- •M trades at the lower earnings multiple (10.23 vs 38.07 P/E).
- •M converts more revenue to profit (2.94% vs 1.57% net margin).
- •CHWY grew revenue faster over the past five years (10.72% vs 2.77% CAGR).
- •M pays a dividend (3.03% yield) while CHWY does not currently pay one.
Which is better, CHWY or M?
Metric tally: CHWY 4 · M 10It depends on what you're optimizing for:
ValueM(lower P/E)
GrowthCHWY(faster 5Y revenue CAGR)
QualityCHWY(higher ROIC)
Metrics side by side
Valuation
| Metric | CHWY | M |
|---|---|---|
| P/E ratio | 38.07 | 10.23● |
| Forward P/E | 16.04 | 11.27● |
| P/S ratio | 0.58 | 0.30● |
| P/B ratio | 17.51 | 1.39● |
| PEG ratio | — | 0.66 |
| EV / EBITDA | 20.15 | 5.44● |
| FCF yield | 7.87% | 22.32%● |
Profitability
| Metric | CHWY | M |
|---|---|---|
| Gross margin | 29.72% | 36.54%● |
| Operating margin | 1.72% | 4.47%● |
| Net margin | 1.57% | 2.94%● |
| ROE | 47.05%● | 13.79% |
| ROIC | 16.18%● | 6.63% |
Dividends
| Metric | CHWY | M |
|---|---|---|
| Dividend yield | — | 3.03% |
| Payout ratio | — | 31.55% |
Growth (annualized)
| Metric | CHWY | M |
|---|---|---|
| Revenue CAGR (5Y) | 10.72%● | 2.77% |
| EPS CAGR (5Y) | — | 4.50% |
| FCF CAGR (5Y) | 47.61%● | 10.73% |
| Total return CAGR (5Y) | -25.68% | 9.88%● |
Frequently asked
- Which is better, CHWY or M?
- It depends on your goal. value: M (lower P/E); growth: CHWY (faster 5Y revenue CAGR); quality: CHWY (higher ROIC). Across all compared metrics, M leads 10 to 4.
- Is CHWY or M cheaper?
- On trailing earnings, M is cheaper: CHWY trades at a 38.07 P/E and M at 10.23.
- Which has grown faster, CHWY or M?
- Over the past five years, CHWY grew revenue faster — CHWY at a 10.72% CAGR versus M at 2.77%.
- Does CHWY or M pay a bigger dividend?
- M pays a dividend (3.03% yield) while CHWY does not currently pay one.
- Is CHWY or M more profitable?
- M runs the higher net margin — CHWY at 1.57% versus M at 2.94%.
- Which has been the better investment, CHWY or M?
- Over the past 5-year, M delivered the higher annualized total return — CHWY at -25.68% versus M at 1.63%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Chewy P/E ratioMacy's P/E ratioChewy dividend yieldMacy's dividend yieldChewy ROEMacy's ROEChewy operating marginMacy's operating marginChewy revenue growthMacy's revenue growthChewy free cash flowMacy's free cash flow
Chewy & Macy's 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 23, 2026.