Petsmart Net Worth (Updated 2026).

Petsmart, a household name in the pet industry, was founded in 1986 by a group of passionate pet lovers who envisioned a one-stop shop for all pet care needs. The journey began with a single store in Phoenix, Arizona, offering a unique blend of pet products, grooming services, and even in-store adoptions, setting it apart from traditional pet stores.

The company’s innovative approach quickly gained traction, and within a decade, Petsmart had expanded to over 400 stores across the United States. This growth was fueled by a commitment to exceptional customer service, a wide variety of high-quality products, and a strong focus on pet adoption and welfare. By the late 1990s, Petsmart had become a symbol of pet care, synonymous with convenience, quality, and love for pets.

Petsmart’s Current Net Worth (2025)

As of 2025, PetSmart’s current net worth is approximately $9 billion. This figure is based on the latest available information and reflects the company’s significant growth and success in the pet industry.

Career

PetSmart was founded in 1986 and has since grown to become one of the largest pet retailers in the United States. The company is known for its wide selection of pet products, services, and adoption centers. PetSmart operates over 1,600 stores across the country and employs more than 55,000 associates.

Other Ventures

In addition to its retail stores, PetSmart also offers pet services such as grooming, training, and veterinary care. The company has expanded its offerings to include online sales, pet insurance, and even a pet subscription box service called PetBox. PetSmart has also invested in pet technology, launching a pet care app and a pet food subscription service called PetSafe.

Assets

PetSmart’s assets include its extensive retail store network, which spans across 50 states and Puerto Rico. The company also owns a significant amount of inventory, including pet food, supplies, and live animals. Additionally, PetSmart’s intellectual property, such as its trademarks and patents, is a valuable asset. The company’s real estate holdings, including its distribution centers and corporate headquarters, are also notable assets.

Annual Income

In fiscal year 2021, PetSmart generated $8.5 billion in total sales. This figure represents a significant increase from the previous year, demonstrating the company’s resilience and growth during the COVID-19 pandemic. PetSmart’s annual income has been steadily increasing over the years, reflecting the company’s strong performance in the pet industry.

Frequently Asked Questions about  Petsmart

Frequently Asked Questions: Petsmart Net Worth

1. What is Petsmart’s net worth?

Petsmart’s net worth is estimated to be around $10 billion.

2. When was Petsmart founded?

Petsmart was founded in 1986.

3. Who is the current CEO of Petsmart?

The current CEO of Petsmart is J.K. Symancyk.

4. How many stores does Petsmart operate?

Petsmart operates over 1,650 stores worldwide.

5. What are some of the services offered by Petsmart?

Petsmart offers a variety of services including pet grooming, pet training, pet adoption, and pet boarding.

6. Does Petsmart sell live animals?

Yes, Petsmart sells live animals such as dogs, cats, fish, birds, reptiles, and small mammals.

7. What is Petsmart’s annual revenue?

Petsmart’s annual revenue is over $9 billion.

8. Does Petsmart have an online store?

Yes, Petsmart has an online store at Petsmart.com.

9. What is Petsmart’s mission statement?

Petsmart’s mission statement is “To Enrich the Lives of Pets and Their Pet Parents.”

10. Is Petsmart a publicly traded company?

Yes, Petsmart is a publicly traded company on the NASDAQ stock exchange under the ticker symbol PETM.