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Chewy, Inc. (CHWY) Operating Margin: 1.72%

Is Chewy, Inc.’s operating margin high or low?

Chewy, Inc.'s operating margin of 1.72% is 244% above its 5-year average of 0.50%, near the high end of its 5-year range (-0.82%–2.02%).

The operating margin for Chewy, Inc. (CHWY) is 1.72% as of Wednesday, June 10, 2026. It is above its 12-month average by 15.82% (1.48%).

CHWY Operating Margin Chart

CHWY Operating Margin
2.02%+112.63% 1Y
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CHWY Average Operating Margin Chart

CHWY Current vs Average Operating Margin Chart

CHWY Operating Margin Metrics

OPERATING MARGIN

1.72%

OPERATING MARGIN AVG TTM

1.48%

OPERATING MARGIN AVG 3Y

0.92%

OPERATING MARGIN AVG 5Y

0.50%

OPERATING MARGIN AVG 10Y

-3.95%

OPERATING MARGIN AVG 15Y

-3.95%

OPERATING MARGIN AVG 20Y

-3.95%

CURRENT VS TTM AVG

+15.82%

CURRENT VS 3Y AVG

+86.96%

CURRENT VS 5Y AVG

+244.00%

CURRENT VS 10Y AVG

+143.49%

CURRENT VS 15Y AVG

+143.49%

CURRENT VS 20Y AVG

+143.49%

CHWY Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Chewy, Inc. (CHWY)$8.38B1.72%1.48%0.92%0.50%
The Gap, Inc. (GAP)$7.68B8.44%7.31%4.49%2.76%
The Gap, Inc. (GPS)$9.21B8.44%7.31%6.27%4.65%
Wayfair Inc. (W)$9.22B1.08%-1.88%-5.46%-3.33%
CAVA Group, Inc. (CAVA)$9.38B7.17%5.60%0.32%-1.86%
GameStop Corp. (GME)$10.08B10.61%3.59%0.32%-1.59%
Etsy, Inc. (ETSY)$6.61B14.26%13.15%2.70%9.23%
Domino's Pizza, Inc. (DPZ)$10.51B19.59%18.99%18.30%18.13%
Mohawk Industries, Inc. (MHK)$6.20B4.89%5.57%2.66%4.87%
NIO Inc. (NIO)$12.21B-8.06%-25.09%-30.66%-27.24%

Operating Efficiency

Gross Margin

29.7%

Operating Margin

1.7%

Chewy, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Chewy, Inc. Operating Margin FAQ

What is the operating margin for Chewy, Inc. (CHWY)?
The operating margin for CHWY stock is 1.72%.
Is Chewy, Inc.'s operating margin high or low?
Chewy, Inc.'s operating margin of 1.72% is 244% above its 5-year average of 0.50%, near the high end of its 5-year range (-0.82%–2.02%).
What is the TTM average operating margin for Chewy, Inc. (CHWY)?
The TTM average operating margin for CHWY stock is 1.48%.
What is the 3Y average operating margin for Chewy, Inc. (CHWY)?
The 3Y average operating margin for CHWY stock is 0.92%.
What is the 5Y average operating margin for Chewy, Inc. (CHWY)?
The 5Y average operating margin for CHWY stock is 0.50%.
What is the 10Y average operating margin for Chewy, Inc. (CHWY)?
The 10Y average operating margin for CHWY stock is -3.95%.
What is the 15Y average operating margin for Chewy, Inc. (CHWY)?
The 15Y average operating margin for CHWY stock is -3.95%.
What is the 20Y average operating margin for Chewy, Inc. (CHWY)?
The 20Y average operating margin for CHWY stock is -3.95%.

Chewy, Inc. Operating Margin History

DATEOPERATING MARGIN
2026-02-012.02%
2025-02-020.95%
2024-01-28-0.21%
2023-01-290.56%
2022-01-30-0.82%
2021-01-31-1.27%
2020-02-02-5.21%
2019-02-03-7.58%
2018-01-28-16.06%
2016-12-31-11.93%

About Chewy, Inc.

Chewy, Inc., along with its affiliated entities, functions exclusively as an online retail enterprise within the United States. Through its primary website, chewy.com, and its mobile applications, the company provides a comprehensive range of products and services tailored for nearly every type of domestic companion, including canines, felines, aquatic pets, birds, small mammals, horses, and even reptiles. Customers can procure everything from essential pet food and treats to necessary supplies, prescribed medications, and other health and wellness items. This extensive inventory includes roughly 100,000 unique products supplied by approximately 3,000 different partner brands. Chewy was established in 2010 and maintains its corporate headquarters in Dania Beach, Florida.

Dania Beach, FL
18,000 employees
Consumer Cyclical / Specialty Retail
Sector
Consumer Cyclical
Industry
Specialty Retail
CEO
Ryan Cohen