Chewy Inc (CHWY)
Gross profit margin
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,344,230 | 3,282,213 | 3,227,098 | 3,165,962 | 3,123,544 | 3,061,865 | 2,955,941 | 2,830,905 | 2,676,305 | 2,540,969 | 2,451,626 | 2,373,582 | 2,322,255 | 2,191,972 | 2,031,874 | 1,820,807 | 1,592,778 | 1,430,000 | 1,268,879 | 1,144,060 |
| Revenue (ttm) | US$ in thousands | 11,456,690 | 11,316,450 | 11,236,380 | 11,144,420 | 11,003,270 | 10,797,980 | 10,452,070 | 10,095,940 | 9,779,260 | 9,459,300 | 9,183,330 | 8,890,780 | 8,545,390 | 8,115,230 | 7,660,050 | 7,146,260 | 6,457,770 | 5,905,570 | 5,359,250 | 4,846,730 |
| Gross profit margin | 29.19% | 29.00% | 28.72% | 28.41% | 28.39% | 28.36% | 28.28% | 28.04% | 27.37% | 26.86% | 26.70% | 26.70% | 27.18% | 27.01% | 26.53% | 25.48% | 24.66% | 24.21% | 23.68% | 23.60% |
October 27, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,344,230K ÷ $11,456,690K
= 29.19%
Over the past few years, Chewy Inc's gross profit margin has shown a generally upward trend, starting from around 23.60% in February 2020 and gradually increasing to 29.19% in October 2024. This indicates that the company has been able to improve its efficiency in generating profits from its sales over time.
However, there have been fluctuations in the gross profit margin, with some quarters showing slight decreases compared to the previous period. Despite these fluctuations, the overall trend demonstrates a positive trajectory for Chewy Inc's profitability.
It is important for investors and analysts to closely monitor Chewy Inc's gross profit margin to ensure that the company is effectively managing its costs and maintaining a healthy level of profitability.
Peer comparison
Oct 27, 2024