• Chewy average pre-tax profit margin for 2023 was 0.44%, a 164.71% increase from 2022.
• Chewy average pre-tax profit margin for 2022 was -0.68%, a 142.86% decline from 2021.
• Chewy average pre-tax profit margin for 2021 was -0.28%, a 93.3% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.