Chewy Inc (CHWY)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 193,292 129,689 103,426 48,230 18,078 54,495 56,590 51,878 -20,481 -55,033 -94,064 -73,817 10,840 10,234 -5,897 -92,486 -174,474 -220,627 -270,686 -252,370
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
Pretax margin 1.69% 1.15% 0.92% 0.43% 0.16% 0.50% 0.54% 0.51% -0.21% -0.58% -1.02% -0.83% 0.13% 0.13% -0.08% -1.29% -2.70% -3.74% -5.05% -5.21%

October 27, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $193,292K ÷ $11,456,690K
= 1.69%

The pretax margin of Chewy Inc has shown variability over the periods analyzed. The pretax margin indicates the percentage of revenue that remains as pre-tax profit after deducting all expenses.

Looking at the data, we see that Chewy Inc's pretax margin has generally been positive, albeit fluctuating. In recent periods, there has been a slight improvement in the pretax margin, with figures ranging from 0.43% to 1.69%. This suggests that the company has been able to effectively control its expenses relative to its revenue.

However, it is essential to note that there have been periods where the pretax margin was negative, indicating that the company experienced losses before taxes. During these periods, Chewy Inc may have faced challenges in managing its costs or generating sufficient revenue.

Overall, the analysis of Chewy Inc's pretax margin highlights the company's ability to generate profits before tax, but also underscores the importance of closely monitoring expenses and revenue performance to ensure sustained profitability.


Peer comparison

Oct 27, 2024