Bath & Body Works Inc Financials

BBWI

Source SEC Filings (10-K/10-Q) Updated Jan 31, 2026 Currency USD FYE January

This page shows Bath & Body Works Inc (BBWI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 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).

Rhea AI BBWI FY2026 2026-04-22

A cash-generating retail model is repairing leverage while rising operating costs steadily shave earnings from stable sales.

From FY2025 to FY2026, net margin fell from 10.9% to 8.9%. Even so, free cash flow climbed to $865M as inventory release cut stock to $699M, showing profit weakened faster than cash generation and leaving room to keep reducing debt.

The pressure is mostly below gross profit: gross margin stayed around 44%, but operating margin slipped to 15.4% as SG&A took a bigger bite. That matters because the merchandise economics look fairly steady, while overhead is absorbing more of each sale. With sales roughly flat over the last three fiscal years, this looks more like weaker expense absorption than a deterioration in product economics.

The balance sheet still carries negative equity, so debt-to-equity looks harsher than it would for a company with positive book value. But liquidity is not collapsing: cash reached $953M and long-term debt fell to $3.6B. A current ratio of 1.3x suggests near-term obligations are still covered, and the negative equity looks tied to years of shareholder payouts and buybacks more than to a single weak year.

Financial Health Signals

Financial Profile 33/100

Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Bath & Body Works Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Bath & Body Works Inc has an operating margin of 15.4%, meaning the company retains $15 of operating profit per $100 of revenue. This results in a moderate score of 59/100, indicating healthy but not exceptional operating efficiency. This is down from 17.3% the prior year.

Growth

Bath & Body Works Inc's revenue declined 0.2% year-over-year, from $7.3B to $7.3B. This contraction results in a growth score of 32/100.

Leverage

Bath & Body Works Inc has a moderate D/E ratio of -2.82. This balance of debt and equity financing earns a leverage score of 38/100.

Liquidity

Bath & Body Works Inc's current ratio of 1.27 is below the typical benchmark, resulting in a score of 21/100. However, the company holds substantial cash reserves (60% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Cash Flow

Bath & Body Works Inc has a free cash flow margin of 11.9%, earning a moderate score of 51/100. The company generates positive cash flow after capital investments, but with room for improvement.

Altman Z-Score Grey Zone

2.23

Bath & Body Works Inc scores 2.23, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Neutral

5/9

Bath & Body Works Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.70x

For every $1 of reported earnings, Bath & Body Works Inc generates $1.70 in operating cash flow ($1.1B OCF vs $649.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

4.1x

Bath & Body Works Inc earns $4.1 in operating income for every $1 of interest expense ($1.1B vs $276.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.3B

YoY-0.2%

5Y CAGR+2.5%

10Y CAGR-5.0%

Bath & Body Works Inc generated $7.3B in revenue in fiscal year 2026. This represents a decrease of 0.2% from the prior year.

EBITDA

$1.4B

YoY-10.9%

5Y CAGR-8.3%

10Y CAGR-6.2%

Bath & Body Works Inc's EBITDA was $1.4B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.9% from the prior year.

Net Income

$649.0M

YoY-18.7%

5Y CAGR-5.1%

10Y CAGR-6.4%

Bath & Body Works Inc reported $649.0M in net income in fiscal year 2026. This represents a decrease of 18.7% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$865.0M

YoY+31.1%

5Y CAGR-13.7%

10Y CAGR-4.0%

Bath & Body Works Inc generated $865.0M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 31.1% from the prior year.

Cash & Debt

$953.0M

YoY+49.8%

5Y CAGR-17.4%

10Y CAGR-2.8%

Bath & Body Works Inc held $953.0M in cash against $3.6B in long-term debt as of fiscal year 2026.

Dividends Per Share

$0.80

YoY+0.0%

5Y CAGR+21.7%

10Y CAGR-14.9%

Bath & Body Works Inc paid $0.80 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.

Shares Outstanding

201M

YoY-6.1%

5Y CAGR-6.3%

10Y CAGR-3.5%

Bath & Body Works Inc had 201M shares outstanding in fiscal year 2026. This represents a decrease of 6.1% from the prior year.

Margins & Returns

Gross Margin

43.7%

YoY-0.5pp

5Y CAGR-4.4pp

10Y CAGR+0.9pp

Bath & Body Works Inc's gross margin was 43.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.

Operating Margin

15.4%

YoY-1.9pp

5Y CAGR-9.5pp

10Y CAGR-2.6pp

Bath & Body Works Inc's operating margin was 15.4% in fiscal year 2026, reflecting core business profitability. This is down 1.9 percentage points from the prior year.

Net Margin

8.9%

YoY-2.0pp

5Y CAGR-4.2pp

10Y CAGR-1.4pp

Bath & Body Works Inc's net profit margin was 8.9% in fiscal year 2026, showing the share of revenue converted to profit. This is down 2.0 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

$401.0M

YoY+0.0%

10Y CAGR-1.8%

Bath & Body Works Inc spent $401.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 0.0% from the prior year.

Capital Expenditures

$237.0M

YoY+4.9%

5Y CAGR+0.8%

10Y CAGR-10.6%

Bath & Body Works Inc invested $237.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 4.9% from the prior year.

BBWI Income Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Revenue	$7.3B-0.2%	$7.3B-1.6%	$7.4B-1.7%	$7.6B-4.1%	$7.9B+22.5%	$6.4B
Cost of Revenue	$4.1B+0.7%	$4.1B-2.9%	$4.2B-2.6%	$4.3B+6.9%	$4.0B+20.6%	$3.3B
Gross Profit	$3.2B-1.4%	$3.2B-0.1%	$3.2B-0.6%	$3.3B-15.6%	$3.9B+24.5%	$3.1B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.1B+4.8%	$2.0B+0.9%	$2.0B+3.8%	$1.9B+1.8%	$1.8B+23.7%	$1.5B
Operating Income	$1.1B-11.1%	$1.3B-1.5%	$1.3B-6.6%	$1.4B-31.5%	$2.0B+25.2%	$1.6B
Interest Expense	$276.0M-11.5%	$312.0M-9.6%	$345.0M-0.9%	$348.0M-10.3%	$388.0M-10.2%	$432.0M
Income Tax	$233.0M+1.3%	$230.0M+60.8%	$143.0M-43.0%	$251.0M-27.9%	$348.0M+35.4%	$257.0M
Net Income	$649.0M-18.7%	$798.0M-9.1%	$878.0M+9.8%	$800.0M-40.0%	$1.3B+57.9%	$844.0M
EPS (Diluted)	N/A	$3.61-6.0%	$3.84+12.9%	$3.40-13.7%	$3.94+28.3%	$3.07

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$1.6B+2.9%	$1.5B+8.8%	$1.4B-48.2%	$2.7B+70.6%	$1.6B+5.5%	$1.5B+10.3%	$1.4B-52.7%	$2.9B
Cost of Revenue	$936.0M+3.0%	$909.0M+16.8%	$778.0M-47.6%	$1.5B+63.2%	$910.0M+1.1%	$900.0M+15.7%	$778.0M-51.3%	$1.6B
Gross Profit	$658.0M+2.8%	$640.0M-0.9%	$646.0M-48.8%	$1.3B+80.3%	$700.0M+11.8%	$626.0M+3.3%	$606.0M-54.3%	$1.3B
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$497.0M+2.9%	$483.0M+10.5%	$437.0M-27.9%	$606.0M+25.7%	$482.0M+8.8%	$443.0M+5.7%	$419.0M-34.2%	$637.0M
Operating Income	$161.0M+2.5%	$157.0M-24.9%	$209.0M-68.1%	$656.0M+200.9%	$218.0M+19.1%	$183.0M-2.1%	$187.0M-72.9%	$689.0M
Interest Expense	$68.0M0.0%	$68.0M-4.2%	$71.0M-18.4%	$87.0M+13.0%	$77.0M0.0%	$77.0M-6.1%	$82.0M-11.8%	$93.0M
Income Tax	$26.0M-16.1%	$31.0M-24.4%	$41.0M-72.5%	$149.0M+282.1%	$39.0M+3800.0%	$1.0M-96.8%	$31.0M-29.5%	$44.0M
Net Income	$77.0M+20.3%	$64.0M-39.0%	$105.0M-75.9%	$435.0M+310.4%	$106.0M-30.3%	$152.0M+74.7%	$87.0M-84.8%	$573.0M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BBWI Balance Sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Total Assets	$5.1B+3.9%	$4.9B-6.5%	$5.2B-2.6%	$5.4B+10.3%	$4.9B-53.9%	$10.5B
Current Assets	$2.0B+10.9%	$1.8B-5.1%	$1.9B-7.8%	$2.1B+18.7%	$1.8B-62.0%	$4.6B
Cash & Equivalents	$953.0M+49.8%	$636.0M-25.6%	$855.0M-18.3%	$1.0B+60.7%	$651.0M-73.7%	$2.5B
Inventory	$699.0M-19.6%	$869.0M+6.8%	$814.0M+5.6%	$771.0M-6.0%	$820.0M+28.9%	$636.0M
Accounts Receivable	$180.0M+74.8%	$103.0M-14.9%	$121.0M-16.6%	$145.0M-13.2%	$167.0M+51.8%	$110.0M
Goodwill	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M
Total Liabilities	$6.3B+0.3%	$6.3B-8.2%	$6.9B-8.4%	$7.5B+0.2%	$7.5B-32.1%	$11.1B
Current Liabilities	$1.6B+23.0%	$1.3B+6.0%	$1.2B-4.4%	$1.3B+3.0%	$1.2B-53.7%	$2.7B
Long-Term Debt	$3.6B-7.1%	$3.9B-9.2%	$4.3B-10.4%	$4.8B-1.5%	$4.9B-9.1%	$5.3B
Total Equity	-$1.3B+11.7%	-$1.5B+13.5%	-$1.7B+22.8%	-$2.2B+18.4%	-$2.7B-397.9%	-$534.0M
Retained Earnings	-$1.4B+12.1%	-$1.6B+13.6%	-$1.9B+20.2%	-$2.4B+11.1%	-$2.7B-132.6%	-$1.1B

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$5.0B+3.6%	$4.8B-1.4%	$4.9B+0.2%	$4.9B-2.2%	$5.0B+0.7%	$4.9B-5.2%	$5.2B-4.4%	$5.5B
Current Assets	$1.9B+10.3%	$1.7B-6.3%	$1.8B-0.2%	$1.8B+6.0%	$1.7B+3.2%	$1.7B-13.1%	$1.9B-9.4%	$2.1B
Cash & Equivalents	$236.0M-35.2%	$364.0M-42.8%	$636.0M-5.6%	$674.0M+252.9%	$191.0M-62.8%	$514.0M-39.9%	$855.0M-21.1%	$1.1B
Inventory	$1.3B+28.0%	$977.0M+12.4%	$869.0M+18.4%	$734.0M-37.7%	$1.2B+36.5%	$863.0M+6.0%	$814.0M+14.6%	$710.0M
Accounts Receivable	$169.0M+29.0%	$131.0M+27.2%	$103.0M-49.8%	$205.0M+2.5%	$200.0M+37.0%	$146.0M+20.7%	$121.0M-46.0%	$224.0M
Goodwill	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M0.0%	$628.0M
Total Liabilities	$6.6B+3.5%	$6.4B+0.5%	$6.3B+1.2%	$6.3B-7.1%	$6.7B+1.0%	$6.7B-3.3%	$6.9B-2.7%	$7.1B
Current Liabilities	$1.6B+19.2%	$1.3B+0.7%	$1.3B+5.1%	$1.2B-21.8%	$1.6B+5.2%	$1.5B+22.6%	$1.2B-5.3%	$1.3B
Long-Term Debt	$3.9B+0.1%	$3.9B+0.1%	$3.9B+0.1%	$3.9B0.0%	$3.9B+0.1%	$3.9B-9.4%	$4.3B-2.4%	$4.4B
Total Equity	-$1.6B-2.9%	-$1.5B-6.7%	-$1.5B-4.8%	-$1.4B+20.8%	-$1.7B-1.7%	-$1.7B-2.5%	-$1.7B-3.1%	-$1.6B
Retained Earnings	-$1.8B-2.2%	-$1.7B-5.1%	-$1.6B-3.5%	-$1.6B+18.7%	-$1.9B-1.3%	-$1.9B-1.5%	-$1.9B-2.8%	-$1.8B

BBWI Cash Flow Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$1.1B+24.4%	$886.0M-7.1%	$954.0M-16.6%	$1.1B-23.3%	$1.5B-26.8%	$2.0B
Capital Expenditures	$237.0M+4.9%	$226.0M-24.2%	$298.0M-9.1%	$328.0M+21.5%	$270.0M+18.4%	$228.0M
Free Cash Flow	$865.0M+31.1%	$660.0M+0.6%	$656.0M-19.6%	$816.0M-33.2%	$1.2B-32.5%	$1.8B
Investing Cash Flow	-$227.0M-40.1%	-$162.0M+43.4%	-$286.0M+12.8%	-$328.0M-26.6%	-$259.0M-18.3%	-$219.0M
Financing Cash Flow	-$599.0M+47.1%	-$1.1B-38.9%	-$815.0M+47.8%	-$1.6B+51.0%	-$3.2B-622.6%	$610.0M
Dividends Paid	$167.0M-5.6%	$177.0M-2.7%	$182.0M-2.2%	$186.0M+55.0%	$120.0M+44.6%	$83.0M
Share Buybacks	$401.0M0.0%	$401.0M+170.9%	$148.0M-88.7%	$1.3B-33.2%	$2.0B	$0

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	$80.0M+286.0%	-$43.0M-122.9%	$188.0M-80.3%	$955.0M+1064.6%	-$99.0M-115.2%	-$46.0M-160.5%	$76.0M-91.8%	$926.0M
Capital Expenditures	$81.0M+44.6%	$56.0M+51.4%	$37.0M-38.3%	$60.0M-7.7%	$65.0M+18.2%	$55.0M+19.6%	$46.0M-4.2%	$48.0M
Free Cash Flow	-$1.0M+99.0%	-$99.0M-165.6%	$151.0M-83.1%	$895.0M+645.7%	-$164.0M-62.4%	-$101.0M-436.7%	$30.0M-96.6%	$878.0M
Investing Cash Flow	-$72.0M-28.6%	-$56.0M-43.6%	-$39.0M+18.8%	-$48.0M+35.1%	-$74.0M-1333.3%	$6.0M+113.0%	-$46.0M+2.1%	-$47.0M
Financing Cash Flow	-$135.0M+22.4%	-$174.0M+7.4%	-$188.0M+55.5%	-$422.0M-181.3%	-$150.0M+50.2%	-$301.0M-16.2%	-$259.0M-25.7%	-$206.0M
Dividends Paid	$41.0M-2.4%	$42.0M-2.3%	$43.0M0.0%	$43.0M-2.3%	$44.0M-2.2%	$45.0M0.0%	$45.0M0.0%	$45.0M
Share Buybacks	$90.0M-23.7%	$118.0M-13.2%	$136.0M+161.5%	$52.0M-48.5%	$101.0M-33.6%	$152.0M+58.3%	$96.0M+95.9%	$49.0M

BBWI Financial Ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Gross Margin	43.7%-0.5pp	44.3%+0.7pp	43.6%+0.5pp	43.1%-5.8pp	48.9%+0.8pp	48.1%
Operating Margin	15.4%-1.9pp	17.3%+0.0pp	17.3%-0.9pp	18.2%-7.3pp	25.5%+0.6pp	24.9%
Net Margin	8.9%-2.0pp	10.9%-0.9pp	11.8%+1.2pp	10.6%-6.3pp	16.9%+3.8pp	13.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	12.8%-3.6pp	16.4%-0.5pp	16.8%+1.9pp	14.9%-12.5pp	27.4%+19.4pp	8.0%
Current Ratio	1.27-0.1	1.41-0.2	1.57-0.1	1.63+0.2	1.41-0.3	1.72
Debt-to-Equity	-2.82-0.1	-2.68-0.1	-2.55-0.4	-2.20-0.4	-1.83+8.2	-10.01
FCF Margin	11.9%+2.8pp	9.0%+0.2pp	8.8%-2.0pp	10.8%-4.7pp	15.5%-12.6pp	28.1%

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	41.3%-0.0pp	41.3%-4.0pp	45.4%-0.6pp	45.9%+2.5pp	43.5%+2.5pp	41.0%-2.8pp	43.8%-1.6pp	45.4%
Operating Margin	10.1%-0.0pp	10.1%-4.5pp	14.7%-9.2pp	23.9%+10.3pp	13.5%+1.5pp	12.0%-1.5pp	13.5%-10.1pp	23.6%
Net Margin	4.8%+0.7pp	4.1%-3.2pp	7.4%-8.5pp	15.8%+9.3pp	6.6%-3.4pp	10.0%+3.7pp	6.3%-13.3pp	19.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	1.5%+0.2pp	1.3%-0.8pp	2.1%-6.8pp	8.9%+6.8pp	2.1%-0.9pp	3.1%+1.4pp	1.7%-8.8pp	10.5%
Current Ratio	1.21-0.1	1.31-0.1	1.41-0.1	1.48+0.4	1.09-0.0	1.11-0.5	1.57-0.1	1.64
Debt-to-Equity	-2.44+0.1	-2.51+0.2	-2.68+0.1	-2.80-0.6	-2.22+0.0	-2.26+0.3	-2.55+0.1	-2.70
FCF Margin	-0.1%+6.3pp	-6.4%-17.0pp	10.6%-22.0pp	32.6%+42.8pp	-10.2%-3.6pp	-6.6%-8.8pp	2.2%-27.9pp	30.0%

Note: Shareholder equity is negative (-$1.3B), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

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Frequently Asked Questions

What is Bath & Body Works Inc's annual revenue?

Bath & Body Works Inc (BBWI) reported $7.3B in total revenue for fiscal year 2026. This represents a -0.2% 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 Bath & Body Works Inc's revenue growing?

Bath & Body Works Inc (BBWI) revenue declined by 0.2% year-over-year, from $7.3B to $7.3B in fiscal year 2026.

Is Bath & Body Works Inc profitable?

Yes, Bath & Body Works Inc (BBWI) reported a net income of $649.0M in fiscal year 2026, with a net profit margin of 8.9%.

What is Bath & Body Works Inc's EBITDA?

Bath & Body Works Inc (BBWI) had EBITDA of $1.4B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Bath & Body Works Inc have?

As of fiscal year 2026, Bath & Body Works Inc (BBWI) had $953.0M in cash and equivalents against $3.6B in long-term debt.

What is Bath & Body Works Inc's gross margin?

Bath & Body Works Inc (BBWI) had a gross margin of 43.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Bath & Body Works Inc's operating margin?

Bath & Body Works Inc (BBWI) had an operating margin of 15.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Bath & Body Works Inc's net profit margin?

Bath & Body Works Inc (BBWI) had a net profit margin of 8.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Bath & Body Works Inc pay dividends?

Yes, Bath & Body Works Inc (BBWI) paid $0.80 per share in dividends during fiscal year 2026.

What is Bath & Body Works Inc's free cash flow?

Bath & Body Works Inc (BBWI) generated $865.0M in free cash flow during fiscal year 2026. This represents a 31.1% 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 Bath & Body Works Inc's operating cash flow?

Bath & Body Works Inc (BBWI) generated $1.1B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Bath & Body Works Inc's total assets?

Bath & Body Works Inc (BBWI) had $5.1B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Bath & Body Works Inc's capital expenditures?

Bath & Body Works Inc (BBWI) invested $237.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Does Bath & Body Works Inc buy back shares?

Yes, Bath & Body Works Inc (BBWI) spent $401.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Bath & Body Works Inc have outstanding?

Bath & Body Works Inc (BBWI) had 201M shares outstanding as of fiscal year 2026.

What is Bath & Body Works Inc's current ratio?

Bath & Body Works Inc (BBWI) had a current ratio of 1.27 as of fiscal year 2026, which is considered adequate.

What is Bath & Body Works Inc's debt-to-equity ratio?

Bath & Body Works Inc (BBWI) had a debt-to-equity ratio of -2.82 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Bath & Body Works Inc's return on assets (ROA)?

Bath & Body Works Inc (BBWI) had a return on assets of 12.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Why is Bath & Body Works Inc's debt-to-equity ratio negative or unusual?

Bath & Body Works Inc (BBWI) has negative shareholder equity of -$1.3B as of fiscal year 2026, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Bath & Body Works Inc's Altman Z-Score?

Bath & Body Works Inc (BBWI) has an Altman Z-Score of 2.23, placing it in the Grey Zone (moderate 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. Learn more in our complete guide to financial health indicators.

What is Bath & Body Works Inc's Piotroski F-Score?

Bath & Body Works Inc (BBWI) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Bath & Body Works Inc's earnings high quality?

Bath & Body Works Inc (BBWI) has an earnings quality ratio of 1.70x, considered cash-backed (high 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. Learn more in our complete guide to financial health indicators.

Can Bath & Body Works Inc cover its interest payments?

Bath & Body Works Inc (BBWI) has an interest coverage ratio of 4.1x, meaning it can adequately 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. Learn more in our complete guide to financial health indicators.

How financially healthy is Bath & Body Works Inc?

Bath & Body Works Inc (BBWI) scores 33 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. Learn more in our complete guide to financial health indicators.