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Chewy (CHWY) EBIT : $52 Mil (TTM As of Jan. 2024)


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What is Chewy EBIT?

Chewy's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $40 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $52 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chewy's annualized ROC % for the quarter that ended in Jan. 2024 was -6.47%. Chewy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 16.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chewy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 0.81%.


Chewy EBIT Historical Data

The historical data trend for Chewy's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chewy EBIT Chart

Chewy Annual Data
Trend Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EBIT
Get a 7-Day Free Trial -252.73 -90.46 -73.04 55.12 51.81

Chewy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.09 24.05 21.15 -33.23 39.85

Competitive Comparison of Chewy's EBIT

For the Internet Retail subindustry, Chewy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chewy's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chewy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chewy's EV-to-EBIT falls into.



Chewy EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $52 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chewy  (NYSE:CHWY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Chewy's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=-78.416 * ( 1 - 11.92% )/( (1053.555 + 1082.503)/ 2 )
=-69.0688128/1068.029
=-6.47 %

where

Invested Capital(Q: Oct. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2936.482 - 1964.688 - ( 957.181 - max(0, 1964.688 - 1882.927+957.181))
=1053.555

Invested Capital(Q: Jan. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3186.851 - 2110.877 - ( 1134.017 - max(0, 2110.877 - 2104.348+1134.017))
=1082.503

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Chewy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=159.396/( ( (988.23 + max(-1038.942, 0)) + (995.915 + max(-1140.546, 0)) )/ 2 )
=159.396/( ( 988.23 + 995.915 )/ 2 )
=159.396/992.0725
=16.07 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(160.98 + 712.053 + 52.713) - (1964.688 + 0 + 0)
=-1038.942

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(154.043 + 719.273 + 97.015) - (2110.877 + 0 + 0)
=-1140.546

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Chewy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=51.812/6395.918
=0.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chewy EBIT Related Terms

Thank you for viewing the detailed overview of Chewy's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Chewy (CHWY) Business Description

Traded in Other Exchanges
Address
7700 West Sunrise Boulevard, Plantation, FL, USA, 33322
Chewy is the largest e-commerce pet care retailer in the U.S., generating $10.1 billion in 2022 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a standalone company in 2019 after spending a couple of years developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, and hard goods, like crates, leashes, and bowls.
Executives
Argos Holdings Gp Llc 10 percent owner C/O CHEWY, INC., 1855 GRIFFIN ROAD, DANIA BEACH FL 33004
James A Star director
Stacy Bowman officer: Principal Accounting Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Sumit Singh director, officer: Chief Executive Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Michael Morant officer: General Counsel 7700 WEST SUNRISE BOULEVARD, PLANTATION FL 33322
Mario Jesus Marte officer: Chief Financial Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Satish Mehta officer: Chief Technology Officer C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Susan Helfrick officer: General Counsel C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Mathieu Bigand director 7700 WEST SUNRISE BOULEVARD, PLANTATION FL 33322
Marco Castelli director 1855 GRIFFIN ROAD, SUITE B-428, DANIA BEACH FL 33004
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Kristine Dickson director 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
James Kevin Symancyk director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33222
Buddy Holdings Iii Llc 10 percent owner C/O ARGOS HOLDINGS, 650 MADISON AVENUE, NEW YORK NY 10022
Buddy Holdings Ii Llc 10 percent owner C/O ARGOS HOLDINGS, 650 MADISON AVENUE, NEW YORK NY 10022

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