{
  "id": 16385658,
  "title": "Booking vs. Chewy: Do Pet Treats or Plane Tickets Make for a Better Stock in 2026?",
  "url": "https://urgent.news/2026/10/24/booking-vs-chewy-do-pet-treats-or-plane-tickets-make-for-a-better",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T22:52:02.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/better-buy/2026/10/24/booking-vs-chewy-do-pet-treats-or-plane-tickets-make-for-a-better-stock-in-2026/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "In 2026, two companies present contrasting investment opportunities: Booking Holdings Inc. (BKNG) and Chewy Inc. (CHWY). Both operate within the consumer discretionary sector, but their distinct business models present different risks and rewards for long-term investors.\n\nBooking Holdings, a massive online travel platform, connects millions of travelers to accommodations worldwide through brands like Agoda, Priceline, and OpenTable. In FY 2025, the company reported revenue of approximately $26.9 billion, growing by about 13.4% year-over-year. Net income reached around $5.4 billion, translating to a net margin of roughly 20.1%. Despite a negative debt-to-equity ratio of -3.5x, Booking boasts a healthy current ratio of approximately 1.3x and generated free cash flow of about $9.1 billion. The company's valuation appears lower than Chewy's based on future earnings estimates, and it is working towards reducing reliance on third-party platforms while focusing on its merchant model for higher margins.\n\nChewy, on the other hand, specializes in the pet care market, offering e-commerce convenience and healthcare services. In FY 2025, Chewy reported revenue of approximately $12.6 billion, growing by about 6.2% year-over-year. Net income was around $222.8 million, resulting in a net margin of about 1.8%. However, Chewy's current ratio stands at roughly 0.9x, indicating potential liquidity challenges. The company's valuation is significantly lower than Booking's based on trailing twelve-month sales multiples. Chewy's growth is driven by successful acquisitions like Modern Animal and a focus on the untapped pet health services market. While they face regulatory risks and competition from brick-and-mortar retailers like PetSmart and Petco, Chewy's Autoship program shows promising growth and steady revenue increases.",
  "summary": "Booking's 20% net margin and $9.1B free cash flow contrast sharply with Chewy's 1.8% margin, but their valuations tell a different story.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Booking vs. GameStop: Is Travel or Collectibles the Better Value Creator in Stocks?",
        "url": "https://urgent.news/2026/10/24/booking-vs-gamestop-is-travel-or-collectibles-the-better-value-16373049",
        "published": "2026-10-24T20:48:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}