vs

Side-by-side financial comparison of Chewy, Inc. (CHWY) and Altria (MO). Click either name above to swap in a different company.

Altria is the larger business by last-quarter revenue ($5.8B vs $3.1B, roughly 1.9× Chewy, Inc.). Altria runs the higher net margin — 19.1% vs 1.9%, a 17.2% gap on every dollar of revenue. On growth, Chewy, Inc. posted the faster year-over-year revenue change (8.3% vs -2.1%). Altria produced more free cash flow last quarter ($3.2B vs $175.8M). Over the past eight quarters, Chewy, Inc.'s revenue compounded faster (4.6% CAGR vs 2.4%).

Chewy, Inc. is an American online retailer of pet food and other pet-related products based in Plantation, Florida. Chewy went public in 2019 with the ticker symbol CHWY on the New York Stock Exchange.

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retai...

CHWY vs MO — Head-to-Head

Bigger by revenue
MO
MO
1.9× larger
MO
$5.8B
$3.1B
CHWY
Growing faster (revenue YoY)
CHWY
CHWY
+10.4% gap
CHWY
8.3%
-2.1%
MO
Higher net margin
MO
MO
17.2% more per $
MO
19.1%
1.9%
CHWY
More free cash flow
MO
MO
$3.0B more FCF
MO
$3.2B
$175.8M
CHWY
Faster 2-yr revenue CAGR
CHWY
CHWY
Annualised
CHWY
4.6%
2.4%
MO

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CHWY
CHWY
MO
MO
Revenue
$3.1B
$5.8B
Net Profit
$59.2M
$1.1B
Gross Margin
29.8%
62.1%
Operating Margin
2.1%
28.2%
Net Margin
1.9%
19.1%
Revenue YoY
8.3%
-2.1%
Net Profit YoY
1405.6%
-63.2%
EPS (diluted)
$0.14
$0.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHWY
CHWY
MO
MO
Q4 25
$3.1B
$5.8B
Q3 25
$3.1B
$6.1B
Q2 25
$3.1B
$6.1B
Q1 25
$3.2B
$5.3B
Q4 24
$2.9B
$6.0B
Q3 24
$2.9B
$6.3B
Q2 24
$2.9B
$6.2B
Q1 24
$2.8B
$5.6B
Net Profit
CHWY
CHWY
MO
MO
Q4 25
$59.2M
$1.1B
Q3 25
$62.0M
$2.4B
Q2 25
$62.4M
$2.4B
Q1 25
$22.8M
$1.1B
Q4 24
$3.9M
$3.0B
Q3 24
$299.1M
$2.3B
Q2 24
$66.9M
$3.8B
Q1 24
$34.3M
$2.1B
Gross Margin
CHWY
CHWY
MO
MO
Q4 25
29.8%
62.1%
Q3 25
30.4%
62.8%
Q2 25
29.6%
63.1%
Q1 25
28.5%
61.8%
Q4 24
29.3%
60.3%
Q3 24
29.5%
60.8%
Q2 24
29.7%
59.2%
Q1 24
28.2%
58.8%
Operating Margin
CHWY
CHWY
MO
MO
Q4 25
2.1%
28.2%
Q3 25
2.2%
53.2%
Q2 25
2.5%
52.9%
Q1 25
-0.3%
34.0%
Q4 24
0.9%
48.2%
Q3 24
1.1%
50.4%
Q2 24
2.2%
40.8%
Q1 24
-0.7%
48.0%
Net Margin
CHWY
CHWY
MO
MO
Q4 25
1.9%
19.1%
Q3 25
2.0%
39.1%
Q2 25
2.0%
39.0%
Q1 25
0.7%
20.5%
Q4 24
0.1%
50.9%
Q3 24
10.5%
36.6%
Q2 24
2.3%
61.2%
Q1 24
1.2%
38.2%
EPS (diluted)
CHWY
CHWY
MO
MO
Q4 25
$0.14
$0.67
Q3 25
$0.14
$1.41
Q2 25
$0.15
$1.41
Q1 25
$0.07
$0.63
Q4 24
$0.01
$1.78
Q3 24
$0.68
$1.34
Q2 24
$0.15
$2.21
Q1 24
$0.08
$1.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHWY
CHWY
MO
MO
Cash + ST InvestmentsLiquidity on hand
$701.5M
$4.5B
Total DebtLower is stronger
$25.7B
Stockholders' EquityBook value
$469.4M
$-3.5B
Total Assets
$3.3B
$35.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHWY
CHWY
MO
MO
Q4 25
$701.5M
$4.5B
Q3 25
$591.8M
$3.5B
Q2 25
$616.4M
$1.3B
Q1 25
$596.7M
$4.7B
Q4 24
$507.5M
$3.1B
Q3 24
$695.0M
$1.9B
Q2 24
$1.1B
$1.8B
Q1 24
$1.1B
$3.6B
Total Debt
CHWY
CHWY
MO
MO
Q4 25
$25.7B
Q3 25
$25.7B
Q2 25
$24.7B
Q1 25
$26.1B
Q4 24
$24.9B
Q3 24
$25.2B
Q2 24
$25.0B
Q1 24
$25.0B
Stockholders' Equity
CHWY
CHWY
MO
MO
Q4 25
$469.4M
$-3.5B
Q3 25
$389.9M
$-2.6B
Q2 25
$375.6M
$-3.3B
Q1 25
$261.5M
$-3.5B
Q4 24
$223.4M
$-2.2B
Q3 24
$486.7M
$-3.5B
Q2 24
$642.9M
$-3.0B
Q1 24
$510.2M
$-5.1B
Total Assets
CHWY
CHWY
MO
MO
Q4 25
$3.3B
$35.0B
Q3 25
$3.1B
$35.0B
Q2 25
$3.1B
$32.3B
Q1 25
$3.0B
$35.8B
Q4 24
$3.0B
$35.2B
Q3 24
$3.1B
$34.2B
Q2 24
$3.2B
$34.4B
Q1 24
$3.2B
$36.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHWY
CHWY
MO
MO
Operating Cash FlowLast quarter
$207.9M
$3.3B
Free Cash FlowOCF − Capex
$175.8M
$3.2B
FCF MarginFCF / Revenue
5.6%
54.4%
Capex IntensityCapex / Revenue
1.0%
1.6%
Cash ConversionOCF / Net Profit
3.51×
2.93×
TTM Free Cash FlowTrailing 4 quarters
$487.0M
$9.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHWY
CHWY
MO
MO
Q4 25
$207.9M
$3.3B
Q3 25
$133.9M
$3.1B
Q2 25
$86.4M
$205.0M
Q1 25
$207.5M
$2.7B
Q4 24
$183.5M
$3.3B
Q3 24
$123.4M
$2.6B
Q2 24
$81.9M
$-75.0M
Q1 24
$98.9M
$2.9B
Free Cash Flow
CHWY
CHWY
MO
MO
Q4 25
$175.8M
$3.2B
Q3 25
$105.9M
$3.0B
Q2 25
$48.7M
$173.0M
Q1 25
$156.6M
$2.7B
Q4 24
$151.8M
$3.3B
Q3 24
$91.5M
$2.6B
Q2 24
$52.6M
$-104.0M
Q1 24
$66.5M
$2.8B
FCF Margin
CHWY
CHWY
MO
MO
Q4 25
5.6%
54.4%
Q3 25
3.4%
50.1%
Q2 25
1.6%
2.8%
Q1 25
4.8%
51.0%
Q4 24
5.3%
55.1%
Q3 24
3.2%
41.2%
Q2 24
1.8%
-1.7%
Q1 24
2.3%
51.0%
Capex Intensity
CHWY
CHWY
MO
MO
Q4 25
1.0%
1.6%
Q3 25
0.9%
0.9%
Q2 25
1.2%
0.5%
Q1 25
1.6%
0.7%
Q4 24
1.1%
0.8%
Q3 24
1.1%
0.5%
Q2 24
1.0%
0.5%
Q1 24
1.1%
0.6%
Cash Conversion
CHWY
CHWY
MO
MO
Q4 25
3.51×
2.93×
Q3 25
2.16×
1.30×
Q2 25
1.38×
0.09×
Q1 25
9.10×
2.53×
Q4 24
46.66×
1.10×
Q3 24
0.41×
1.14×
Q2 24
1.22×
-0.02×
Q1 24
2.89×
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHWY
CHWY

Segment breakdown not available.

MO
MO

Smokeable Products Segment$5.1B88%
Oral Tobacco Segment$706.0M12%

Related Comparisons