Chewy vs Winmark
Chewy reported revenue of $12.6 billion in fiscal 2025, 146.4 times Winmark's $86 million in fiscal 2025. Chewy's revenue grew 6.2% in its latest year, and Winmark's grew 5.9%. Chewy had an operating margin of 2.0%, against 63.4% at Winmark. Free cash flow was $562 million at Chewy and $45 million at Winmark. Their fiscal years end in different months (February 1 and December 27), so the periods don't line up exactly.
Side by side
| Chewy | Winmark | |
|---|---|---|
| Latest fiscal year | FY2025, Feb 1, 2026 | FY2025, Dec 27, 2025 |
| Revenue | $12.6B | $86M |
| Revenue growth | 6.2% | 5.9% |
| Revenue growth a year, last 5 years | 12.0% | 5.4% |
| Gross margin | 29.8% | 96.4% |
| Operating margin | 2.0% | 63.4% |
| Net margin | 1.8% | 48.4% |
| Free cash flow | $562M | $45M |
| Free cash flow margin | 4.5% | 52.0% |
| Return on capital | — | — |
| Net debt to EBITDA | −2.3x | 0.4x |
| Dividends and buybacks | $262M | $52M |
| Change in diluted share count | −1.2% | 0.5% |
| Last close | $21.90 | $282.29 |
| P/E at the last close | 33.2× | 25.2× |
| Insider trades, last 12 months | sold $7.3 million | sold $3.6 million |
| Piotroski F-score | 7 of 9 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
ChewyWinmark
Operating margin
Percent of revenue
ChewyWinmark
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
ChewyWinmark