ChewyFRA:3HH -0.68%68 Pretax Margin % is 3.91% as of Apr. 2026. GuruFocus rates FRA:3HH with a GF Score™ of 68/100 and a GF Value™ of €28.54 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,121 Retail - Cyclical companies, Chewy ranks worse than 56.56% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chewy's Pre-Tax Income for the
three
months ended in Apr. 2026 was €112 Mil. Chewy's Revenue for the
three
months ended in Apr. 2026 was €2,870 Mil. Therefore, Chewy's pretax margin for the quarter that ended in Apr. 2026 was 3.91%.
The historical rank and industry rank for Chewy's Pretax Margin % or its related term are showing as below:
FRA:3HH'
s Pretax Margin % Range Over the Past 10 Years
Min: -16.07 Med: -1.07 Max: 2.47
Current: 2.47
FRA:3HH's Pretax Margin % is ranked worse than 56.56% of 1121
companies
in the Retail - Cyclical industry
Industry Median: 3.14
vs FRA:3HH: 2.47
Chewy (FRA:3HH) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Chewy Pretax Margin % Related Terms
Chewy Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Chewy's Pretax Margin % 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.
FRA:3HH vs ETSY, VIPS, GLBE: Pretax Margin % Comparison
For the Internet Retail subindustry, Chewy's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Chewy's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Chewy's Pretax Margin % falls into.
* 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 (FRA:3HH) has a Pretax Margin % of 3.91% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Chewy and its competitors. According to the industry distribution chart, Chewy ranks #634 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 56.6%.
Is Chewy's Pretax Margin % too high?
Chewy's current Pretax Margin % is 3.91%. The Retail - Cyclical industry median Pretax Margin % is 3.14. Chewy's value of 3.91% is 24.5% above this industry median. Based on the distribution chart, Chewy ranks #634 out of 1121 companies in the Retail - Cyclical industry, which is below the industry midpoint. 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 Pretax Margin % compare to ETSY and VIPS?
According to the Retail - Cyclical industry distribution chart, Chewy ranks #634 out of 1121 companies for Pretax Margin %. This places Chewy in the lower half of its industry. The industry median Pretax Margin % is 3.14. Chewy's value of 3.91% is 24.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.14, based on 1,121 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chewy's current Pretax Margin % of 3.91% is 24.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Chewy and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chewy's current Pretax Margin % is 3.91%. 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 €28.54, compared to a current price of €17.62 — trading 38.3% below its estimated fair value. The current Pretax Margin % is 3.91% and 24.5% above the Retail - Cyclical industry median of 3.14. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Chewy (FRA:3HH), the current Pretax Margin % is 3.91% 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 €17.62 is trading 38.3% below its estimated GF Value™ of €28.54.
GuruFocus considers Chewy to be Significantly Undervalued.
Key valuation signals for FRA:3HH:
Pretax Margin %: 3.91%
GF Value™: €28.54 vs. price of €17.62 (38.3% below fair value)
Industry Position: 24.5% above the Retail - Cyclical median (#634 of 1121)
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 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
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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