Cash flow Chewy, Inc.

Equities

CHWY

US16679L1098

Other Specialty Retailers

Market Closed - Nyse Other stock markets 21:00:02 11/12/2025 GMT			5-day change	1st Jan Change
34.17 ^USD	-3.39%		+0.65%	+2.03%

05:13pm	Chewy Signals Solid 2026 Outlook on Customer Momentum, Margin Gains, RBC Says	MT
12:54pm	Wedbush Trims Price Target on Chewy to $42 From $45, Keeps Outperform Rating	MT

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Published financial data: CHEWY, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2021	2022	2023	2024	2025
Revenues	7.15B	8.89B	10.1B	11.15B	11.86B
Total Revenues	7.15B	8.89B	10.1B	11.15B	11.86B
Cost of Goods Sold, Total	5.33B	6.52B	7.27B	7.99B	8.39B
Gross Profit	1.82B	2.37B	2.83B	3.16B	3.47B
Selling General & Admin Expenses, Total	1.91B	2.45B	2.78B	3.19B	3.36B
Other Operating Expenses, Total	1.91B	2.45B	2.78B	3.19B	3.36B
Operating Income	-90.46M	-72.18M	55.75M	-23.62M	113M
Interest Expense, Total	-2.02M	-1.64M	-2.57M	-3.58M	-5.52M
Interest And Investment Income	-	-	11.86M	62.08M	40.59M
Net Interest Expenses	-2.02M	-1.64M	9.29M	58.5M	35.07M
Currency Exchange Gains (Loss)	-	-	174K	285K	-805K
Other Non Operating Income (Expenses)	-	-	-13.34M	13.08M	4.41M
EBT, Excl. Unusual Items	-92.49M	-73.82M	51.88M	48.24M	151M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-10K	432K
EBT, Incl. Unusual Items	-92.49M	-73.82M	51.88M	48.23M	152M
Income Tax Expense	-	-	2.65M	8.65M	-241M
Earnings From Continuing Operations	-92.49M	-73.82M	49.23M	39.58M	393M
Net Income to Company	-92.49M	-73.82M	49.23M	39.58M	393M
Net Income - (IS)	-92.49M	-73.82M	49.23M	39.58M	393M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-92.49M	-73.82M	49.23M	39.58M	393M
Net Income to Common Excl. Extra Items	-92.49M	-73.82M	49.23M	39.58M	393M
Per Share Items
Net EPS - Basic	-0.23	-0.18	0.12	0.09	0.93
Basic EPS - Continuing Operations	-0.23	-0.18	0.12	0.09	0.93
Basic Weighted Average Shares Outstanding	407M	417M	422M	429M	421M
Net EPS - Diluted	-0.23	-0.18	0.12	0.09	0.91
Diluted EPS - Continuing Operations	-0.23	-0.18	0.12	0.09	0.91
Diluted Weighted Average Shares Outstanding	407M	417M	428M	432M	431M
Normalized Basic EPS	-0.14	-0.11	0.08	0.07	0.22
Normalized Diluted EPS	-0.14	-0.11	0.08	0.07	0.22
Supplemental Items
EBITDA	-62.2M	-31.37M	117M	55.87M	190M
EBITA	-90.46M	-72.18M	55.75M	-23.62M	113M
EBIT	-90.46M	-72.18M	55.75M	-23.62M	113M
EBITDAR	0	48.13M	207M	160M	297M
Effective Tax Rate - (Ratio)	-	-	5.1	17.93	-158.9
Current Domestic Taxes	-	-	-	-	16.39M
Current Foreign Taxes	-	-	-	-	16K
Total Current Taxes	-	-	-	-	16.41M
Deferred Domestic Taxes	-	-	-	-	-257M
Total Deferred Taxes	-	-	-	-	-257M
Normalized Net Income	-57.8M	-46.14M	32.42M	30.15M	94.54M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	513M	619M	649M	742M	804M
Selling and Marketing Expenses	513M	619M	649M	742M	804M
Research And Development Expense From Footnotes	-	14.2M	22.4M	30.2M	37.6M
Net Rental Expense, Total	62.2M	79.5M	90.8M	104M	107M
Imputed Operating Lease Interest Expense	3.57M	2.67M	4M	5.66M	8.65M
Imputed Operating Lease Depreciation	58.63M	76.83M	86.8M	98.74M	98.35M
Stock-Based Comp., SG&A Exp. (Total)	121M	77.77M	158M	239M	306M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	121M	77.77M	158M	239M	306M

Fiscal Period: February	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	563M	603M	330M	602M	596M
Short Term Investments	-	-	347M	532M	899K
Total Cash And Short Term Investments	563M	603M	677M	1.13B	597M
Accounts Receivable, Total	101M	124M	126M	154M	169M
Other Receivables	-	2.5M	-	48.3M	-
Total Receivables	101M	126M	126M	202M	169M
Inventory	513M	560M	676M	719M	837M
Prepaid Expenses	27.56M	34.01M	41.07M	48.72M	59.98M
Other Current Assets, Total	21.87M	-	-	-	-
Total Current Assets	1.23B	1.32B	1.52B	2.1B	1.66B
Gross Property Plant And Equipment	555M	895M	1.13B	1.3B	1.19B
Accumulated Depreciation	-81.86M	-155M	-228M	-306M	-287M
Net Property Plant And Equipment	473M	740M	902M	996M	908M
Goodwill	-	-	39.44M	39.44M	39.44M
Other Intangibles, Total	34.48M	-	-	-	105M
Deferred Tax Assets Long-Term	-	-	-	-	257M
Other Long-Term Assets, Total	6.9M	22.89M	53.15M	47.15M	42.69M
Total Assets	1.74B	2.09B	2.52B	3.19B	3.01B
Liabilities
Accounts Payable, Total	778M	883M	1.03B	1.1B	1.18B
Accrued Expenses, Total	273M	348M	341M	486M	485M
Current Portion of Leases	19.14M	24.22M	27.61M	29M	33.52M
Other Current Liabilities	311M	390M	370M	491M	512M
Total Current Liabilities	1.38B	1.64B	1.77B	2.11B	2.21B
Long-Term Leases	328M	410M	472M	528M	502M
Unearned Revenue Non Current	-	-	-	1.9M	4.5M
Other Non Current Liabilities	33.82M	16.5M	60M	36.04M	39.44M
Total Liabilities	1.74B	2.07B	2.3B	2.68B	2.75B
Preferred Stock Non Redeemable	-	-	-	-	-
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	4.15M	4.2M	4.25M	4.32M	4.14M
Additional Paid In Capital	1.93B	2.02B	2.17B	2.48B	1.84B
Retained Earnings	-1.94B	-2.01B	-1.96B	-1.98B	-1.58B
Comprehensive Income and Other	-	-	-	-406K	77K
Total Common Equity	-2M	14.74M	214M	510M	261M
Total Equity	-2M	14.74M	214M	510M	261M
Total Liabilities And Equity	1.74B	2.09B	2.52B	3.19B	3.01B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	415M	420M	427M	435M	414M
ECS Total Common Shares Outstanding	415M	420M	425M	432M	414M
Book Value / Share	-0	0.04	0.5	1.18	0.63
Tangible Book Value	-36.48M	14.74M	175M	471M	117M
Tangible Book Value Per Share	-0.09	0.04	0.41	1.09	0.28
Total Debt	347M	434M	499M	557M	536M
Net Debt	-216M	-169M	-178M	-577M	-60.74M
Debt Equivalent Oper. Leases	498M	636M	726M	835M	856M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	513M	560M	676M	719M	837M
Machinery, Total	135M	188M	230M	250M	286M
Full Time Employees	18.5K	21.3K	19.4K	18.1K	18K
Assets under Capital Lease - Gross	-	-	-	-	-

Fiscal Period: February	2021	2022	2023	2024	2025
Net Income	-92.49M	-73.82M	49.23M	39.58M	393M
Depreciation & Amortization - CF	28.26M	40.81M	60.91M	79.49M	76.96M
Depreciation & Amortization, Total	28.26M	40.81M	60.91M	79.49M	76.96M
Amortization of Deferred Charges, Total - (CF)	7.4M	14.2M	22.4M	30.2M	37.6M
Stock-Based Compensation (CF)	121M	77.77M	158M	239M	306M
Other Operating Activities, Total	26.3M	33.55M	53.88M	28.27M	-224M
Change In Accounts Receivable	-20.22M	-22.81M	-2.74M	-27.07M	-15.07M
Change In Inventories	-195M	-47.13M	-115M	-41.26M	-118M
Change In Accounts Payable	95.32M	105M	148M	71.76M	71.08M
Change in Other Net Operating Assets	162M	64.21M	-24.71M	66.13M	68.23M
Cash from Operations	133M	192M	350M	486M	596M
Capital Expenditure	-131M	-193M	-230M	-143M	-144M
Cash Acquisitions	-	-	-40.03M	-367K	-
Investment in Marketable and Equity Securities, Total	-	-	-344M	-144M	538M
Other Investing Activities, Total	7.05M	-	-1.4M	-	-
Cash from Investing	-124M	-193M	-615M	-287M	395M
Long-Term Debt Repaid, Total	-703K	-863K	-673K	-510K	-866K
Total Debt Repaid	-703K	-863K	-673K	-510K	-866K
Issuance of Common Stock	320M	-	-	21.97M	-
Repurchase of Common Stock	-	-	-2.48M	-5K	-943M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	23.21M	42.13M	-3.58M	50.15M	-53.03M
Cash from Financing	342M	41.27M	-6.73M	71.6M	-997M
Foreign Exchange Rate Adjustments	-	-	-	145K	-621K
Net Change in Cash	351M	39.73M	-273M	271M	-6.47M
Supplemental Items
Cash Interest Paid	1.9M	2.05M	2.06M	2.87M	-
Cash Income Tax Paid (Refund)	-	-	-	1.8B	51.95M
Levered Free Cash Flow	-677K	95.29M	42.98M	346M	340M
Unlevered Free Cash Flow	587K	96.31M	44.59M	348M	343M
Change In Net Working Capital	-30.94M	-202M	1.4M	-158M	4.04M
Net Debt Issued / Repaid	-703K	-863K	-673K	-510K	-866K

Fiscal Period: February	2021	2022	2023	2024	2025
Profitability
Return on Assets	-4.23	-2.36	1.51	-0.52	2.27
Return on Total Capital	-71.88	-11.36	6	-1.71	7.55
Return On Equity %	45.56	-1.16K	43.06	11.81	101.78
Return on Common Equity	45.56	-1.16K	43.06	11.81	101.78
Margin Analysis
Gross Profit Margin %	25.48	26.7	28.03	28.36	29.24
SG&A Margin	26.74	27.51	27.48	28.57	28.29
EBITDA Margin %	-0.87	-0.35	1.16	0.5	1.6
EBITA Margin %	-1.27	-0.81	0.55	-0.21	0.95
EBIT Margin %	-1.27	-0.81	0.55	-0.21	0.95
Income From Continuing Operations Margin %	-1.29	-0.83	0.49	0.36	3.31
Net Income Margin %	-1.29	-0.83	0.49	0.36	3.31
Net Avail. For Common Margin %	-1.29	-0.83	0.49	0.36	3.31
Normalized Net Income Margin	-0.81	-0.52	0.32	0.27	0.8
Levered Free Cash Flow Margin	-0.01	1.07	0.43	3.11	2.87
Unlevered Free Cash Flow Margin	0.01	1.08	0.44	3.13	2.9
Asset Turnover
Asset Turnover	5.35	4.65	4.39	3.91	3.83
Fixed Assets Turnover	18.9	14.26	12.3	11.74	13.12
Receivables Turnover (Average Receivables)	78.89	79.31	80.84	79.34	73.43
Inventory Turnover (Average Inventory)	12.82	12.14	11.76	11.43	10.79
Short Term Liquidity
Current Ratio	0.89	0.8	0.86	1	0.75
Quick Ratio	0.48	0.44	0.45	0.63	0.35
Operating Cash Flow to Current Liabilities	0.1	0.12	0.2	0.23	0.27
Days Sales Outstanding (Average Receivables)	4.61	4.59	4.5	4.59	5.05
Days Outstanding Inventory (Average Inventory)	28.4	29.99	30.95	31.84	34.39
Average Days Payable Outstanding	48.18	46.07	47.19	48.48	49.71
Cash Conversion Cycle (Average Days)	-15.16	-11.5	-11.73	-12.05	-10.27
Long Term Solvency
Total Debt/Equity	-17.33K	2.95K	233.4	109.12	204.97
Total Debt / Total Capital	100.58	96.72	70.01	52.18	67.21
LT Debt/Equity	-16.38K	2.78K	220.5	103.44	192.15
Long-Term Debt / Total Capital	95.04	91.33	66.14	49.46	63.01
Total Liabilities / Total Assets	100.12	99.29	91.49	83.99	91.33
EBIT / Interest Expense	-44.74	-44.04	21.66	-6.6	20.4
EBITDA / Interest Expense	0	29.37	80.6	44.74	53.73
(EBITDA - Capex) / Interest Expense	-64.66	-88.55	-8.87	4.74	27.67
Total Debt / EBITDA	-	9.03	2.41	3.47	1.81
Net Debt / EBITDA	-	-3.5	-0.86	-3.6	-0.2
Total Debt / (EBITDA - Capex)	-2.66	-2.99	-21.87	32.78	3.51
Net Debt / (EBITDA - Capex)	1.65	1.16	7.8	-33.98	-0.4
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	47.44	24.41	13.59	10.17	6.4
Gross Profit, 1 Yr. Growth %	59.15	30.36	19.27	11.54	9.68
EBITDA, 1 Yr. Growth %	-73.04	-49.57	-471.9	-52.44	239.27
EBITA, 1 Yr. Growth %	-64.2	-20.21	-177.24	-141.87	-576.56
EBIT, 1 Yr. Growth %	-64.2	-20.21	-177.24	-141.87	-576.56
Earnings From Cont. Operations, 1 Yr. Growth %	-63.35	-20.19	-166.69	-20.68	892.26
Net Income, 1 Yr. Growth %	-63.35	-20.19	-166.69	-20.68	892.26
Normalized Net Income, 1 Yr. Growth %	-63.35	-20.19	-170.28	-8.19	213.56
Diluted EPS Before Extra, 1 Yr. Growth %	-64.16	-21.74	-164.76	-23.83	911.11
Accounts Receivable, 1 Yr. Growth %	25.13	22.65	2.3	21.32	9.73
Inventory, 1 Yr. Growth %	61.51	9.18	20.54	6.09	16.32
Net Property, Plant and Equip., 1 Yr. Growth %	66.78	45.86	21.94	10.36	0.85
Total Assets, 1 Yr. Growth %	86.73	19.84	20.55	26.47	-5.41
Tangible Book Value, 1 Yr. Growth %	-91.28	-835.33	1.08K	289.65	-68.77
Common Equity, 1 Yr. Growth %	-99.5	-835.33	1.35K	218.37	-48.76
Cash From Operations, 1 Yr. Growth %	185	44.43	82.32	39.01	22.65
Capital Expenditures, 1 Yr. Growth %	168.82	47.83	19.15	-37.79	0.38
Levered Free Cash Flow, 1 Yr. Growth %	-100.39	-14.18K	-54.74	251.16	-1.77
Unlevered Free Cash Flow, 1 Yr. Growth %	-99.66	16.31K	-53.71	247.75	-1.42
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	42.23	35.44	18.88	11.5	8.27
Gross Profit, 2 Yr. CAGR %	59.6	44.04	24.69	15.12	10.61
EBITDA, 2 Yr. CAGR %	-50.11	-63.12	36.95	31.22	27.03
EBITA, 2 Yr. CAGR %	-41.88	-46.56	-21.5	-43.33	41.26
EBIT, 2 Yr. CAGR %	-41.88	-46.56	-21.5	-43.33	41.26
Earnings From Cont. Operations, 2 Yr. CAGR %	-41.24	-45.92	-27.04	-27.45	180.55
Net Income, 2 Yr. CAGR %	-41.24	-45.92	-27.04	-27.45	180.55
Normalized Net Income, 2 Yr. CAGR %	-41.24	-45.92	-25.1	-19.91	69.67
Diluted EPS Before Extra, 2 Yr. CAGR %	-42.28	-46.7	-28.81	-29.34	177.52
Accounts Receivable, 2 Yr. CAGR %	43.74	23.88	12.01	11.68	15.38
Inventory, 2 Yr. CAGR %	52.45	32.79	14.72	13.29	11.09
Net Property, Plant and Equip., 2 Yr. CAGR %	139.99	61.56	33.36	16.02	0.29
Total Assets, 2 Yr. CAGR %	79.28	49.59	20.2	23.59	9.38
Tangible Book Value, 2 Yr. CAGR %	-67.51	-81.23	833.18	465.24	-1.56
Common Equity, 2 Yr. CAGR %	-92.28	-80.9	933.27	488.44	27.73
Cash From Operations, 2 Yr. CAGR %	214.58	102.89	62.27	59.24	30.57
Capital Expenditures, 2 Yr. CAGR %	72.07	99.35	32.72	-13.9	-20.97
Levered Free Cash Flow, 2 Yr. CAGR %	-92.04	-25.69	648.06	91.5	85.72
Unlevered Free Cash Flow, 2 Yr. CAGR %	-92.59	-25.29	771.52	90.75	85.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	50.31	36.02	27.72	15.98	9.77
Gross Profit, 3 Yr. CAGR %	70.47	49.19	35.26	20.19	13.28
EBITDA, 3 Yr. CAGR %	-38.42	-49.93	-20.33	-3.52	80.1
EBITA, 3 Yr. CAGR %	-31.04	-35.4	-39.58	-36.08	15.24
EBIT, 3 Yr. CAGR %	-31.04	-35.4	-39.58	-36.08	15.24
Earnings From Cont. Operations, 3 Yr. CAGR %	-35.08	-34.93	-42	-24.64	73.49
Net Income, 3 Yr. CAGR %	-35.08	-34.93	-42	-24.64	73.49
Normalized Net Income, 3 Yr. CAGR %	-30.55	-34.93	-40.98	-19.5	26.23
Diluted EPS Before Extra, 3 Yr. CAGR %	-56.02	-35.84	-43.13	-26.86	71.55
Accounts Receivable, 3 Yr. CAGR %	40.21	36.34	16.22	15.22	11.03
Inventory, 3 Yr. CAGR %	45.69	36.4	28.58	11.9	14.29
Net Property, Plant and Equip., 3 Yr. CAGR %	99.06	108.11	47.09	25.22	7.05
Total Assets, 3 Yr. CAGR %	51.25	56.76	39.21	22.33	13.05
Tangible Book Value, 3 Yr. CAGR %	-26.41	-65.06	-25.28	517.04	99.55
Common Equity, 3 Yr. CAGR %	-71.18	-64.73	-19.09	533.81	160.82
Cash From Operations, 3 Yr. CAGR %	18.52	142.68	95.78	54.14	45.97
Capital Expenditures, 3 Yr. CAGR %	48.06	63.57	67.92	3.1	-9.38
Levered Free Cash Flow, 3 Yr. CAGR %	-	-3.7	-37.08	666.74	53.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-3.38	-36.31	740.4	53.08
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	43.96	36.85	25.84	19.6
Gross Profit, 5 Yr. CAGR %	-	56.76	50.43	34.63	24.83
EBITDA, 5 Yr. CAGR %	-	-28.03	-15.22	-25.89	-3.85
EBITA, 5 Yr. CAGR %	-	-15.51	-27.37	-38.46	-14.93
EBIT, 5 Yr. CAGR %	-	-15.51	-27.37	-38.46	-14.93
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-15.11	-31.98	-31.78	9.25
Net Income, 5 Yr. CAGR %	-	-15.11	-31.98	-31.78	9.25
Normalized Net Income, 5 Yr. CAGR %	-	-15.11	-28.42	-29.03	-9.73
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-84.66	-46.54	-33.3	7.51
Accounts Receivable, 5 Yr. CAGR %	-	-	28.17	25.88	16
Inventory, 5 Yr. CAGR %	-	-	32.4	26.64	21.36
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	72	64.74	26.21
Total Assets, 5 Yr. CAGR %	-	-	37.96	42.54	26.45
Tangible Book Value, 5 Yr. CAGR %	-	-	13.77	6.38	-22.48
Common Equity, 5 Yr. CAGR %	-	-	20.65	8.72	-8.33
Cash From Operations, 5 Yr. CAGR %	-	11.12	34.39	105.04	66.52
Capital Expenditures, 5 Yr. CAGR %	-	51.53	41.72	26.54	24.22
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	26.54	14.53
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	26.68	14.76