PetMed Express, Inc.

PETS Healthcare Pharmaceutical Retailers

PetMed Express, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $179.0 million, down 21.1% from fiscal 2025. In the quarter to June 2026, revenue fell 19.9%, EPS grew 83.0% and free cash flow grew 38.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

1.20 0.02 −1.64%
Market cap
$26.4M
P/E
0.0×
Fwd P/E
24.0×
Dividend yield
—
F-score
3/9
Altman Z
0.40
Beneish M
−4.77
Dividend safety
36/100

Insider Decisions trades per month

Total buys 0.04
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — 1 — — — —
Sell — — — — — — — — — — — —
Insider Ownership 33.63%

Capital & Financial Ratios $m

Market Cap 26.44
Revenue 168.86
Net Income (29.28)
Free Cash Flow (27.77)
Net Debt (13.08)
Current Ratio 0.68 (below 1: weak)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E 24.00
P/S ratio 0.15
P/B ratio 1.13
Past 5Y EPS Growth —
This Y EPS Growth 81.75% (at or above 15%: strong)
Next Y EPS Growth 30.00% (at or above 15%: strong)
Next Y revenue growth (16.66%) (below 0%: weak)
Next 5Y EPS Growth 49.64% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 0.07%
10-year low 10-year high
P/B against its own 10 years 13.31%
10-year low 10-year high
EV/Sales against its own 10 years 2.48%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 0.90
0.30
0.30
0.30
2022 1.20
0.30
0.30
0.30
0.30
2021 1.18
0.28
0.30
0.30
0.30
2020 1.11
0.27
0.28
0.28
0.28
2019 1.08
0.27
0.27
0.27
0.27
2018 1.04
0.25
0.25
0.27
0.27
2017 0.79
0.19
0.20
0.20
0.20
2016 0.75
0.18
0.19
0.19
0.19
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 55 55 21 13
Receivables 3 2 2 2
Inventory 29 16 14 8
Other — — — —
94 79 44 28
2024 2025 2026 Q'26
Payables 37 24 21 12
ST’ Debt — — — —
Other — — — —
72 63 52 41

Compound Annual Growth %

10y 5y 3y
Sales (2.67%) (10.02%) (10.24%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (10.02%) (27.17%) (35.92%)

Revenue $m

Jun Sep Dec Mar Year
’26 41 — — — —
’26 51 44 41 43 179
’25 66 58 52 51 227
’24 78 71 65 60 274
’23 70 65 59 53 248
’22 79 67 61 65 272
’21 96 75 66 66 304
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 (8) — — — —
’26 (12) (2) (9) (5) (28)
’25 (9) 7 (1) 7 5
’24 1 (1) (3) 7 4
’23 6 (1) 13 10 28
’22 0 1 9 9 18
’21 (11) 26 6 18 40
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 (8) — — — —
’26 (14) (5) (9) (5) (33)
’25 (9) 6 (2) 5 0
’24 (1) (2) (4) 6 0
’23 5 (3) 12 8 23
’22 (1) 1 8 8 17
’21 (11) 25 6 18 38
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 (0.28) — — — —
’26 (1.65) (0.41) (0.50) (0.19) (2.74)
’25 0.18 0.11 (0.03) (0.56) (0.30)
’24 (0.06) 0.03 (0.10) (0.25) (0.37)
’23 0.14 0.13 (0.01) (0.01) 0.25
’22 0.22 0.31 0.21 0.18 1.04
’21 0.39 0.42 0.38 0.01 1.19
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 19.21 21.85 15.00 21.20 24.75 17.08 5.50 2.90 1.57 1.15

Analyst estimates 2027–2029

Powerpack
High 50.90 57.80 27.80 42.89 57.00 29.53 22.64 7.79 5.58 3.70
People
People Employees 187 187 199 214 219 212 302 287 173 189
Revenue/emp, $m 1.33 1.46 1.42 1.33 1.39 1.28 0.82 0.96 1.31 0.95
Income, $m
Income, $m Revenue 249 274 283 284 304 272 248 274 227 179
Gross margin, % 31.83 35.72 33.63 28.60 27.77 28.26 30.90 30.93 30.46 28.05
EBT 38 54 49 34 31 24 7 (6) (1) (57)
EBT margin, % 15.22 19.65 17.33 11.93 10.19 8.88 3.01 (2.29) (0.26) (32.04)
Net income 24 37 38 26 24 19 5 (7) (6) (57)
Depreciation 1 2 2 2 2 3 4 7 8 37
Per share, $
Per share, $ Revenue 12.32 13.46 13.85 14.18 15.13 13.50 12.21 13.44 11.02 8.56
Earnings 1.18 1.83 1.84 1.29 1.19 1.05 0.25 (0.37) (0.30) (2.74)
Cash flow 2.33 1.84 2.21 1.94 2.00 0.92 1.37 0.21 0.23 (1.36)
Capex (0.52) (0.03) (0.03) (0.12) (0.12) (0.09) (0.26) (0.22) (0.25) (0.22)
Free cash flow 1.81 1.80 2.18 1.82 1.88 0.83 1.11 (0.01) (0.02) (1.58)
Book value 4.61 5.69 6.58 6.49 7.04 6.12 5.42 4.74 4.13 1.38
Shares, m 20 20 20 20 20 20 20 20 21 21
Valuation, ×
Valuation, × P/E 17.07 22.40 12.50 22.48 29.42 27.98 65.38 0.00 0.00 0.00
P/S 1.64 3.06 1.67 2.03 2.32 1.91 1.33 0.35 0.38 0.27
P/B 4.36 7.25 3.51 4.44 4.99 4.22 2.99 0.99 1.01 1.65
EV/Sales 1.40 2.78 1.31 1.66 1.93 1.50 0.91 0.15 0.14 0.15
EV/FCF 9.53 20.74 8.37 12.95 15.59 24.45 9.99 (207.00) (79.94) (0.80)
Cash, $m
Cash, $m Operating cash flow 47 37 45 39 40 18 28 4 5 (28)
Capex (11) (1) (1) (2) (2) (2) (5) (5) (5) (5)
Free cash flow 37 37 45 37 38 17 23 0 0 (33)
Balance, $m
Balance, $m Working capital 63 87 108 105 116 95 73 21 16 (8)
Total debt — — — — — — — — — —
Net debt (59) (78) (101) (104) (119) (111) (104) (55) (55) (21)
Shareholders’ equity 93 116 135 130 141 123 110 97 85 29
Returns, %
Returns, % ROA 23.46 30.11 26.09 16.69 13.95 10.19 2.96 (4.42) (3.94) (49.84)
ROIC 67.64 86.22 84.50 73.76 84.57 122.73 64.32 (12.31) (3.14) (487.12)
ROE 26.98 35.66 30.14 19.53 17.63 14.14 4.40 (7.22) (6.90) (100.45)
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

PetMed Express, Inc. vs peers in Pharmaceutical Retailers (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HITI High Tide Inc. $228.2M — (loss-making) 92.0× +30.72% (above 0%: growing) +800.00% (above 0%: growing) −7.91% (below 0%: shrinking) 26.53% 4.38% Compare
PETS PetMed Express, Inc. $26.4M — (loss-making) 24.0× −19.86% (below 0%: shrinking) n/m +38.60% (above 0%: growing) 27.63% (15.19%)
MEDS DataMeds AI, Inc $12.8M — (loss-making) — −77.15% (below 0%: shrinking) n/m −41.85% (below 0%: shrinking) 10.24% (412.67%) Compare
SCNX Scienture Holdings, Inc. $5.6M — (loss-making) — (loss-making) +3,235.92% (above 0%: growing) n/m −53.98% (below 0%: shrinking) 97.73% (785.71%) Compare
POM Pomdoctor Limited - Sponsored ADR $5.0M — — — — — — — Compare
RDGT Ridgetech Inc. $3.0M — (loss-making) — (loss-making) +113.14% (above 0%: growing) n/m +4,848.31% (above 0%: growing) 22.81% 0.00% Compare
MDVLQ MedAvail Holdings, Inc. $2.9M — (loss-making) — (loss-making) −25.41% (below 0%: shrinking) n/m +66.32% (above 0%: growing) 43.95% (1,099.75%) Compare
BIMI BIMI Holdings Inc. $170.0K — (loss-making) — −48.85% (below 0%: shrinking) n/m +28.06% (above 0%: growing) 4.57% (124.83%) Compare
Median of peers $5.0M — — +2.65% — +10.08% 24.67% (268.75%)

All 8 Pharmaceutical Retailers stocks →

PetMed Express, Inc. (PETS) key facts

  • Concern: PetMed Express, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $179.0 million, down 21.1% from fiscal 2025.
  • PetMed Express, Inc. (PETS) is a Pharmaceutical Retailers company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, PETS traded at $1.20, a market capitalization of $26.4 million.
  • Return on equity was −100.5% and debt-to-equity 0.00.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.40 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

PetMed Express, Inc. (PETS) Latest News

20 Aug

5 Jun

19 Dec

12 Dec

14 Oct

stockrow.com/PETS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com