Petco Health & Wellness Company, Inc. Financials

WOOF

Source SEC Filings (10-K/10-Q) Updated Nov 1, 2025 Currency USD FYE February

This page shows Petco Health & Wellness Company, Inc. (WOOF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

$6.1B

YoY+5.3%

Petco Health & Wellness Company, Inc. generated $6.1B in revenue in fiscal year 2024. This represents an increase of 5.3% from the prior year.

EBITDA

$206.8M

YoY-52.8%

Petco Health & Wellness Company, Inc.'s EBITDA was $206.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 52.8% from the prior year.

Free Cash Flow

$49.7M

YoY-58.3%

Petco Health & Wellness Company, Inc. generated $49.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 58.3% from the prior year.

Net Income

-$101.8M

YoY-161.9%

Petco Health & Wellness Company, Inc. reported -$101.8M in net income in fiscal year 2024. This represents a decrease of 161.9% from the prior year.

EPS (Diluted)

$-0.37

YoY-159.7%

Petco Health & Wellness Company, Inc. earned $-0.37 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 159.7% from the prior year.

Cash & Debt

$133.3M

YoY-30.1%

Petco Health & Wellness Company, Inc. held $133.3M in cash against $1.6B in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

38.0%

YoY-3.8pp

Petco Health & Wellness Company, Inc.'s gross margin was 38.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 3.8 percentage points from the prior year.

Operating Margin

0.1%

YoY-4.5pp

Petco Health & Wellness Company, Inc.'s operating margin was 0.1% in fiscal year 2024, reflecting core business profitability. This is down 4.5 percentage points from the prior year.

Net Margin

-1.7%

YoY-4.5pp

Petco Health & Wellness Company, Inc.'s net profit margin was -1.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 4.5 percentage points from the prior year.

Return on Equity

3.8%

YoY-3.4pp

Petco Health & Wellness Company, Inc.'s ROE was 3.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 3.4 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$128.0M

YoY-46.5%

Petco Health & Wellness Company, Inc. invested $128.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 46.5% from the prior year.

WOOF Income Statement

Metric	FY24	FY23	FY22	FY21
Revenue	$6.1B+5.3%	$5.8B+18.0%	$4.9B+11.0%	$4.4B
Cost of Revenue	$3.8B+12.2%	$3.4B+20.2%	$2.8B+11.3%	$2.5B
Gross Profit	$2.3B-4.2%	$2.4B+15.2%	$2.1B+10.5%	$1.9B
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$2.3B+7.3%	$2.2B+13.0%	$1.9B+7.6%	$1.8B
Operating Income	$7.1M-97.3%	$266.1M+36.9%	$194.4M+75.8%	$110.6M
Interest Expense	$143.5M+85.4%	$77.4M-64.7%	$219.1M-13.4%	$253.0M
Income Tax	-$7.5M-114.0%	$53.5M+1702.4%	-$3.3M+90.6%	-$35.7M
Net Income	-$101.8M-161.9%	$164.4M+720.8%	-$26.5M+72.4%	-$95.9M
EPS (Diluted)	$-0.37-159.7%	$0.62+576.9%	$-0.13+71.7%	$-0.46

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$1.5B-1.6%	$1.5B-0.3%	$1.5B-10.8%	$1.7B+12.1%	$1.5B-2.4%	$1.5B-1.6%	$1.6B-1.4%	$1.6B
Cost of Revenue	$895.4M-0.9%	$903.2M-2.2%	$923.4M-13.5%	$1.1B+13.1%	$944.2M+0.7%	$937.7M-1.4%	$951.4M+0.1%	$950.7M
Gross Profit	$569.0M-2.8%	$585.3M+2.7%	$570.0M-6.0%	$606.3M+10.2%	$550.0M-7.3%	$593.0M-1.9%	$604.5M-3.6%	$627.3M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$539.8M-0.5%	$542.3M-2.0%	$553.6M-8.7%	$606.2M+8.3%	$559.6M-1.6%	$569.0M-1.4%	$576.9M+4.9%	$549.7M
Operating Income	$29.2M-32.1%	$43.0M+163.0%	$16.4M+9754.8%	$166K+100.0%	-$1.2B-5226.0%	$24.0M-13.0%	$27.6M-64.4%	$77.6M
Interest Expense	$32.8M-1.4%	$33.3M-0.6%	$33.5M-15.5%	$39.7M+8.5%	$36.6M-2.5%	$37.5M+0.8%	$37.2M+13.1%	$32.9M
Income Tax	-$6.3M-941.3%	$746K+50.7%	$495K+104.7%	-$10.4M+54.4%	-$22.9M-440.2%	$6.7M+767.9%	-$1.0M-106.9%	$14.5M
Net Income	$9.3M-33.2%	$14.0M+219.8%	-$11.7M+48.3%	-$22.6M+98.2%	-$1.2B-8397.4%	-$14.6M-672.0%	-$1.9M-105.6%	$33.6M
EPS (Diluted)	$0.03-40.0%	$0.05+225.0%	$-0.04+55.6%	$-0.09+98.1%	$-4.63-9160.0%	$-0.05-400.0%	$-0.01-107.7%	$0.13

WOOF Balance Sheet

Metric	FY24	FY23	FY22	FY21
Total Assets	$5.1B-21.3%	$6.5B+5.0%	$6.2B+1.9%	$6.1B
Current Assets	$920.4M-12.2%	$1.0B+19.8%	$875.9M+12.6%	$777.5M
Cash & Equivalents	$133.3M-30.1%	$190.9M+9.7%	$174.0M+56.2%	$111.4M
Inventory	$645.5M-5.4%	$682.0M+18.7%	$574.7M+6.7%	$538.7M
Accounts Receivable	$36.1M-14.5%	$42.2M+10.9%	$38.1M-9.0%	$41.8M
Goodwill	$980.1M-55.1%	$2.2B+0.2%	$2.2B0.0%	$2.2B
Total Liabilities	$4.0B-4.8%	$4.2B+2.4%	$4.1B-25.7%	$5.5B
Current Liabilities	$1.1B+7.1%	$1.0B+1.7%	$995.2M+13.7%	$875.3M
Long-Term Debt	$1.6B-3.5%	$1.6B-0.7%	$1.6B+0.2%	$1.6B
Total Equity	$1.1B-51.6%	$2.3B+10.4%	$2.1B+293.4%	$526.7M
Retained Earnings	-$1.2B-795.6%	$166.9M+1235.8%	-$14.7M+34.0%	-$22.3M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$5.2B+1.0%	$5.2B+0.6%	$5.1B-4.5%	$5.4B-1.2%	$5.4B-18.5%	$6.7B+1.4%	$6.6B-0.6%	$6.6B
Current Assets	$1.0B+7.2%	$939.6M+2.1%	$920.4M-3.3%	$951.7M-5.5%	$1.0B-1.7%	$1.0B+4.9%	$976.8M-3.9%	$1.0B
Cash & Equivalents	$237.4M+25.8%	$188.7M+41.6%	$133.3M+6.3%	$125.4M-10.3%	$139.8M-19.2%	$173.0M+16.2%	$148.9M-26.2%	$201.9M
Inventory	$617.9M+1.5%	$608.5M-5.7%	$645.5M-5.7%	$684.5M-6.3%	$730.1M+8.1%	$675.4M+1.1%	$667.9M+2.4%	$652.4M
Accounts Receivable	$42.9M+24.3%	$34.5M-4.3%	$36.1M-18.7%	$44.4M-11.6%	$50.2M-24.3%	$66.3M+45.9%	$45.4M-8.4%	$49.6M
Goodwill	$980.1M0.0%	$980.1M0.0%	$980.1M0.0%	$980.3M+0.4%	$976.2M-55.6%	$2.2B+0.1%	$2.2B0.0%	$2.2B
Total Liabilities	$4.0B+0.8%	$4.0B0.0%	$4.0B-3.9%	$4.2B-1.3%	$4.2B-0.3%	$4.2B+1.8%	$4.2B-1.4%	$4.2B
Current Liabilities	$1.1B+4.2%	$1.1B-2.3%	$1.1B-2.7%	$1.1B-0.1%	$1.1B+3.7%	$1.1B+7.8%	$996.9M-2.4%	$1.0B
Long-Term Debt	$1.6B+0.1%	$1.6B+0.1%	$1.6B+0.2%	$1.6B+0.1%	$1.6B-0.9%	$1.6B-1.5%	$1.6B-1.0%	$1.6B
Total Equity	$1.2B+1.6%	$1.1B+2.9%	$1.1B-6.5%	$1.2B-0.7%	$1.2B-50.6%	$2.4B+0.6%	$2.4B+0.8%	$2.4B
Retained Earnings	-$1.1B+0.8%	-$1.1B+1.2%	-$1.2B-10.8%	-$1.0B-2.2%	-$1.0B-573.4%	$216.5M-6.3%	$231.1M-0.8%	$233.0M

WOOF Cash Flow Statement

Metric	FY24	FY23	FY22	FY21
Operating Cash Flow	$177.7M-50.4%	$358.2M+33.4%	$268.6M+143.4%	$110.3M
Capital Expenditures	$128.0M-46.5%	$239.1M+49.9%	$159.6M+1.7%	$156.9M
Free Cash Flow	$49.7M-58.3%	$119.1M+9.2%	$109.1M+334.2%	-$46.6M
Investing Cash Flow	-$123.9M+47.7%	-$237.1M-50.8%	-$157.2M-13.0%	-$139.0M
Financing Cash Flow	-$8.8M+53.4%	-$18.8M+87.2%	-$146.6M-4673.9%	-$3.1M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$105K	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	N/A	N/A	-$15.5M	N/A	N/A	N/A	$37.7M	N/A
Capital Expenditures	N/A	N/A	$28.4M	N/A	N/A	N/A	$62.0M	N/A
Free Cash Flow	N/A	N/A	-$43.9M	N/A	N/A	N/A	-$24.4M	N/A
Investing Cash Flow	N/A	N/A	-$27.1M	N/A	N/A	N/A	-$62.8M	N/A
Financing Cash Flow	N/A	N/A	-$334K	N/A	N/A	N/A	-$37.1M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

WOOF Financial Ratios

Metric	FY24	FY23	FY22	FY21
Gross Margin	38.0%-3.8pp	41.8%-1.0pp	42.8%-0.2pp	43.0%
Operating Margin	0.1%-4.5pp	4.6%+0.6pp	4.0%+1.5pp	2.5%
Net Margin	-1.7%-4.5pp	2.8%+3.4pp	-0.5%+1.6pp	-2.2%
Return on Equity	3.8%-3.4pp	7.2%	N/A	N/A
Return on Assets	-2.0%-4.5pp	2.5%+3.0pp	-0.4%+1.2pp	-1.6%
Current Ratio	0.85-0.2	1.04+0.2	0.880.0	0.89
Debt-to-Equity	1.43+0.7	0.72-0.1	0.80-2.3	3.13
FCF Margin	0.8%-1.2pp	2.1%-0.2pp	2.2%+3.3pp	-1.1%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	38.9%-0.5pp	39.3%+1.2pp	38.2%+2.0pp	36.2%-0.6pp	36.8%-1.9pp	38.7%-0.1pp	38.9%-0.9pp	39.8%
Operating Margin	2.0%-0.9pp	2.9%+1.8pp	1.1%+1.1pp	0.0%+82.5pp	-82.5%-84.0pp	1.6%-0.2pp	1.8%-3.1pp	4.9%
Net Margin	0.6%-0.3pp	0.9%+1.7pp	-0.8%+0.6pp	-1.4%+81.7pp	-83.1%-82.1pp	-0.9%-0.8pp	-0.1%-2.3pp	2.1%
Return on Equity	0.8%-0.4pp	1.2%	N/A	N/A	N/A	N/A	N/A	1.4%
Return on Assets	0.2%-0.1pp	0.3%+0.5pp	-0.2%+0.2pp	-0.4%+22.4pp	-22.9%-22.6pp	-0.2%-0.2pp	-0.0%-0.5pp	0.5%
Current Ratio	0.91+0.0	0.89+0.0	0.850.0	0.85-0.0	0.90-0.0	0.95-0.0	0.98-0.0	0.99
Debt-to-Equity	1.37-0.0	1.39-0.0	1.43+0.1	1.33+0.0	1.32+0.7	0.66-0.0	0.67-0.0	0.68
FCF Margin	N/A	N/A	-2.9%	N/A	N/A	N/A	-1.6%	N/A

Note: The current ratio is below 1.0 (0.85), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Financial Health Signals

Financial Profile 23/100

Profitability

Growth

Leverage

Liquidity

Cash Flow

Returns

Based on FY2024 annual data. Scores normalized against common benchmarks.

Altman Z-Score Distress

0.95

Bankruptcy risk indicator. Above 2.99 = safe, below 1.81 = distress.

Piotroski F-Score Weak

3/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Mixed

-1.75x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

Interest Coverage At Risk

0.0x

Operating income vs interest expense. Above 5x = safe, below 2x = risky.

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Frequently Asked Questions

What is Petco Health & Wellness Company, Inc.'s annual revenue?

Petco Health & Wellness Company, Inc. (WOOF) reported $6.1B in total revenue for fiscal year 2024. This represents a 5.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Petco Health & Wellness Company, Inc.'s revenue growing?

Petco Health & Wellness Company, Inc. (WOOF) revenue grew by 5.3% year-over-year, from $5.8B to $6.1B in fiscal year 2024.

Is Petco Health & Wellness Company, Inc. profitable?

No, Petco Health & Wellness Company, Inc. (WOOF) reported a net income of -$101.8M in fiscal year 2024, with a net profit margin of -1.7%.

What is Petco Health & Wellness Company, Inc.'s earnings per share (EPS)?

Petco Health & Wellness Company, Inc. (WOOF) reported diluted earnings per share of $-0.37 for fiscal year 2024. This represents a -159.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Petco Health & Wellness Company, Inc.'s EBITDA?

Petco Health & Wellness Company, Inc. (WOOF) had EBITDA of $206.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Petco Health & Wellness Company, Inc. have?

As of fiscal year 2024, Petco Health & Wellness Company, Inc. (WOOF) had $133.3M in cash and equivalents against $1.6B in long-term debt.

What is Petco Health & Wellness Company, Inc.'s gross margin?

Petco Health & Wellness Company, Inc. (WOOF) had a gross margin of 38.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Petco Health & Wellness Company, Inc.'s operating margin?

Petco Health & Wellness Company, Inc. (WOOF) had an operating margin of 0.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Petco Health & Wellness Company, Inc.'s net profit margin?

Petco Health & Wellness Company, Inc. (WOOF) had a net profit margin of -1.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Petco Health & Wellness Company, Inc.'s return on equity (ROE)?

Petco Health & Wellness Company, Inc. (WOOF) has a return on equity of 3.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Petco Health & Wellness Company, Inc.'s free cash flow?

Petco Health & Wellness Company, Inc. (WOOF) generated $49.7M in free cash flow during fiscal year 2024. This represents a -58.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Petco Health & Wellness Company, Inc.'s operating cash flow?

Petco Health & Wellness Company, Inc. (WOOF) generated $177.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Petco Health & Wellness Company, Inc.'s total assets?

Petco Health & Wellness Company, Inc. (WOOF) had $5.1B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Petco Health & Wellness Company, Inc.'s capital expenditures?

Petco Health & Wellness Company, Inc. (WOOF) invested $128.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

What is Petco Health & Wellness Company, Inc.'s current ratio?

Petco Health & Wellness Company, Inc. (WOOF) had a current ratio of 0.85 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Petco Health & Wellness Company, Inc.'s debt-to-equity ratio?

Petco Health & Wellness Company, Inc. (WOOF) had a debt-to-equity ratio of 1.43 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Petco Health & Wellness Company, Inc.'s return on assets (ROA)?

Petco Health & Wellness Company, Inc. (WOOF) had a return on assets of -2.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Petco Health & Wellness Company, Inc.'s Altman Z-Score?

Petco Health & Wellness Company, Inc. (WOOF) has an Altman Z-Score of 0.95, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress.

What is Petco Health & Wellness Company, Inc.'s Piotroski F-Score?

Petco Health & Wellness Company, Inc. (WOOF) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are Petco Health & Wellness Company, Inc.'s earnings high quality?

Petco Health & Wellness Company, Inc. (WOOF) has an earnings quality ratio of -1.75x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.

Can Petco Health & Wellness Company, Inc. cover its interest payments?

Petco Health & Wellness Company, Inc. (WOOF) has an interest coverage ratio of 0.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline.

How financially healthy is Petco Health & Wellness Company, Inc.?

Petco Health & Wellness Company, Inc. (WOOF) scores 23 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.