Chewy Inc (CHWY)
Net profit margin
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 39,580 | 49,232 | -73,817 | -92,486 | -252,370 |
| Revenue | US$ in thousands | 11,144,400 | 10,096,500 | 8,890,770 | 7,146,260 | 4,846,740 |
| Net profit margin | 0.36% | 0.49% | -0.83% | -1.29% | -5.21% |
January 28, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $39,580K ÷ $11,144,400K
= 0.36%
Chewy Inc's net profit margin has shown variability over the past five years. In January 2020, the company had a net profit margin of -5.21%, indicating that the company had a net loss relative to its revenue. However, there has been an improvement in profitability since then, with the net profit margin increasing to -1.29% in January 2021 and further improving to -0.83% in January 2022. In the most recent fiscal year ending January 2024, Chewy Inc achieved a net profit margin of 0.36%, marking a positive turn as the company moved into profitability. This indicates that Chewy Inc has managed to enhance its efficiency in generating profits from its revenue streams over the years, although there is still room for further improvement to enhance overall profitability.
Peer comparison
Jan 28, 2024