Chewy (FRA:3HH) EBIT: €271 Mil (TTM As of Apr. 2026)


FRA:3HH Chewy Inc FRA:3HH
68 GF Score
Price €15.58
GF Value €28.31
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Chewy EBIT?

Chewy FRA:3HH -4.42% 68 EBIT is €271 Mil as of Apr. 2026. GuruFocus rates FRA:3HH with a GF Score™ of 68/100 and a GF Value™ of €28.31 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Chewy's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was €110 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was €271 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 Apr. 2026 was 26.60%. Chewy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 51.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chewy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 4.08%.


Chewy  (FRA:3HH) 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 Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=439.468 * ( 1 - 27.8% )/( (1132.34 + 1253.088)/ 2 )
=317.295896/1192.714
=26.60 %

where

Invested Capital(Q: Jan. 2026 )
=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))
=2864.806 - 1958.662 - ( 747.859 - max(0, 1958.662 - 1732.466+747.859))
=1132.34

Invested Capital(Q: Apr. 2026 )
=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))
=2824.663 - 2004.547 - ( 444.685 - max(0, 2004.547 - 1571.575+444.685))
=1253.088

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

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

Chewy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=439.468/( ( (868.19 + max(-974.055, 0)) + (849.186 + max(-877.657, 0)) )/ 2 )
=439.468/( ( 868.19 + 849.186 )/ 2 )
=439.468/858.688
=51.18 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(189.092 + 735.945 + 59.57) - (1958.662 + 0 + 0)
=-974.055

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(197.847 + 861.754 + 67.289) - (2004.547 + 0 + 0)
=-877.657

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) 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: Apr. 2026 )
=271.384/6653.189
=4.08 %

* 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


Chewy EBIT Historical Data

* Premium members only.

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.

Chewy EBIT Chart

Chewy Annual Data
Trend Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.57 51.15 47.64 151.86 216.41

Chewy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 70.49 64.62 60.73 36.17 109.87

FRA:3HH vs CART, W, VIPS: EBIT Comparison

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 EV-to-EBIT vs 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.


FRA:3HH
68GF Score
Chewy Inc FRA:3HH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €271 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €271 Mil mean?
Chewy (FRA:3HH) has a EBIT of €271 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Chewy.
Is Chewy's EBIT too high?
Chewy's current EBIT is €271 Mil. Overall, Chewy has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chewy's EBIT compare to CART and W?
Chewy's EBIT of €271 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Retail - Cyclical company?
A good EBIT depends on the Retail - Cyclical industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Chewy. Chewy's current EBIT is €271 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chewy stock overvalued right now?
Based on GuruFocus' analysis, Chewy (FRA:3HH) is currently considered Significantly Undervalued. The stock's GF Value™ is €28.31, compared to a current price of €15.58 — trading 45% below its estimated fair value. The current EBIT is €271 Mil. Chewy's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Chewy (FRA:3HH), the current EBIT is €271 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chewy (FRA:3HH) Overvalued in 2026?

Based on GuruFocus' analysis, Chewy stock appears to be undervalued. The current stock price of €15.58 is trading 45% below its estimated GF Value™ of €28.31. GuruFocus considers Chewy to be Significantly Undervalued.

Key valuation signals for FRA:3HH:

  • EBIT: €271 Mil
  • GF Value™: €28.31 vs. price of €15.58 (45% below fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the FRA:3HH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chewy Business Description

Address 7700 West Sunrise Boulevard, Plantation, FL, USA, 33322
Chewy is the largest e-commerce petcare retailer in the US, generating $12.6 billion in fiscal 2025 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 stand-alone company in 2019 after spending time developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, veterinary care, membership fees, sponsored ads, and hard goods like crates, leashes, and bowls.
68GF Score

Get the complete analysis for FRA:3HH

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.58
Price
€28.31
GF Value