Sunday 18 October 2026
Export BBWI’s income statement to Excel — free account
Bath & Body Works, Inc.
BBWI Consumer Cyclical Specialty Retail
Bath & Body Works, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $7.3 billion, roughly unchanged from fiscal 2025. In the quarter to July 2026, revenue fell 2.26%, EPS grew 93.3%, free cash flow grew 123.2% and total debt fell 7.05%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
20.22
0.22
−1.08%
Follow BBWI
| Jan '17 | Jan '18 | Jan '19 | Jan '20 | Jan '21 | Jan '22 | Jan '23 | Jan '24 | Jan '25 | Jan '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
5 | 5 | 6 | 5 | 7 | 9 | 5 | 8 | 7 | 6 |
P/E ratio |
12.20 | 11.77 | 9.74 | 0.00 | 11.47 | 10.74 | 13.34 | 11.08 | 10.33 | 7.06 |
Altman Z-Score |
3.54 | 2.96 | 2.49 | 0.94 | 1.58 | 3.53 | 2.62 | 2.67 | 2.84 | 2.31 |
P/S ratio |
1.11 | 0.91 | 0.47 | 0.40 | 1.14 | 1.55 | 1.41 | 1.31 | 1.13 | 0.63 |
Altman Z″-Score (non-manufacturers) |
2.81 | 1.78 | 1.36 | 0.42 | 2.04 | 2.93 | 1.02 | 1.23 | 1.26 | 0.91 |
P/FCF ratio |
13.27 | 16.45 | 8.31 | 6.65 | 5.30 | 11.96 | 13.08 | 14.83 | 12.54 | 5.29 |
P/Operating CF |
8.85 | 9.07 | 4.55 | 3.90 | 7.20 | 13.98 | 9.91 | 10.50 | 8.66 | 5.27 |
Beneish M-Score |
(2.83) | (2.66) | (2.71) | (2.18) | (3.37) | (2.47) | (2.68) | (2.54) | (2.67) | (3.01) |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 74 |
P/B ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
1.41 | 1.25 | 0.80 | 0.71 | 1.55 | 1.88 | 1.92 | 1.78 | 1.61 | 1.04 |
EV/EBITDA |
7.18 | 7.01 | 5.95 | 5.89 | 8.38 | 7.44 | 9.07 | 8.51 | 7.62 | 5.48 |
EV/Operating CF |
8.93 | 11.22 | 7.71 | 7.46 | 6.38 | 11.83 | 12.66 | 13.86 | 13.32 | 6.86 |
EV/FCF |
16.88 | 22.57 | 14.19 | 11.86 | 7.18 | 14.45 | 17.75 | 20.16 | 17.88 | 8.66 |
Quick Ratio |
1.11 | 0.90 | 0.90 | 0.76 | 1.31 | 1.72 | 1.06 | 1.01 | 0.71 | 0.71 |
Current Ratio |
1.72 | 1.62 | 1.64 | 1.37 | 1.97 | 2.33 | 1.64 | 1.64 | 1.48 | 1.27 |
Net Debt/EBITDA |
1.54 | 1.90 | 2.47 | 1.72 | 1.40 | 1.28 | 2.38 | 2.13 | 2.07 | 2.13 |
Debt/Assets |
70.21% | 71.10% | 71.83% | 54.80% | 56.51% | 83.37% | 91.72% | 80.32% | 79.72% | 76.78% |
Debt/Equity |
(7.89) | (7.71) | (6.72) | (3.71) | (9.89) | (3.31) | (2.29) | (2.70) | (2.81) | (3.04) |
Asset Turnover |
1.51 | 1.55 | 1.63 | 0.59 | 0.59 | 0.90 | 1.31 | 1.36 | 1.41 | 1.47 |
Operating CF/Net income |
1.72 | 1.43 | 2.14 | (3.38) | 2.42 | 1.12 | 1.43 | 1.09 | 1.11 | 1.70 |
Capex/Depreciation |
(1.99) | (1.35) | (1.15) | (0.35) | (0.44) | (0.74) | (1.48) | (1.11) | (0.80) | (0.90) |
Interest Coverage |
5.08 | 4.26 | 3.21 | 2.81 | 3.71 | 5.18 | 3.95 | 3.72 | 4.06 | 4.08 |
| (235.13%) | (133.02%) | (79.70%) | 31.02% | (78.29%) | (122.41%) | (42.99%) | (45.84%) | (53.04%) | (48.76%) | |
| 13.90% | 12.05% | 7.93% | (4.02%) | 7.78% | 15.15% | 13.89% | 16.03% | 15.44% | 13.06% | |
ROIC |
40.71% | 30.61% | 21.88% | 25.45% | 43.40% | 82.17% | 53.68% | 47.86% | 43.31% | 42.39% |
Return on Tangible Assets |
27.62% | 23.66% | 15.74% | (10.90%) | 22.39% | 48.86% | 38.46% | 42.91% | 46.42% | 41.74% |
Average Days of Receivables |
8.53 | 8.96 | 10.12 | 20.66 | 8.40 | 11.11 | 10.91 | 11.01 | 10.24 | 9.01 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
24.83% | 25.58% | 26.92% | 24.92% | 23.19% | 23.42% | 24.85% | 26.26% | 26.93% | 28.30% |
Intangible Assets out of Total Assets |
0.22 | 0.22 | 0.22 | 0.10 | 0.07 | 0.13 | 0.14 | 0.15 | 0.16 | 0.16 |
Share Based Compensation of Revenue |
0.76% | 0.81% | 0.73% | 1.61% | 0.78% | 0.58% | 0.50% | 0.58% | 0.55% | 0.43% |
Graham Net Nets |
(0.39) | (0.49) | (0.92) | (1.62) | (0.69) | (0.31) | (0.51) | (0.51) | (0.54) | (0.94) |
Graham Number |
0.00 | 0.00 | 0.00 | 12.72 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
8.20% | 8.50% | 10.26% | (7.10%) | 8.72% | 9.31% | 7.50% | 9.02% | 9.68% | 14.16% |
Free Cash Flow Yield |
7.54% | 6.08% | 12.04% | 15.03% | 18.86% | 8.36% | 7.64% | 6.74% | 7.98% | 18.89% |
Revenue per Share |
43.81 | 44.48 | 47.96 | 19.58 | 23.14 | 29.30 | 32.59 | 32.58 | 33.21 | 35.05 |
Operating CF per Share |
6.93 | 4.95 | 4.99 | 4.48 | 7.33 | 5.55 | 4.93 | 4.18 | 4.03 | 5.30 |
Capex per Share |
(3.26) | (2.49) | (2.28) | (1.66) | (0.82) | (1.00) | (1.41) | (1.31) | (1.03) | (1.10) |
Free Cash Flow per Share |
3.67 | 2.46 | 2.71 | 2.82 | 6.51 | 4.54 | 3.52 | 2.88 | 3.00 | 4.20 |
Cash per Share |
6.74 | 5.33 | 5.12 | 5.43 | 12.83 | 7.36 | 5.31 | 4.75 | 3.06 | 4.58 |
Shareholders Equity per Share |
(2.53) | (2.64) | (3.13) | (5.42) | (2.38) | (5.64) | (9.50) | (7.13) | (6.29) | (6.15) |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
(2.53) | (2.64) | (3.13) | (5.42) | (2.38) | (5.64) | (9.50) | (7.13) | (6.29) | (6.15) |
Free Cash Flow |
1,053.00 | 699.00 | 748.00 | 778.00 | 1,811.00 | 1,222.00 | 816.00 | 656.00 | 660.00 | 874.00 |
Working Capital |
1,451.00 | 1,262.00 | 1,274.00 | 873.00 | 2,753.00 | 1,719.00 | 887.00 | 826.00 | 592.00 | 428.00 |
Capital Expenditures |
(937.00) | (707.00) | (629.00) | (458.00) | (228.00) | (270.00) | (328.00) | (298.00) | (226.00) | (228.00) |
Net Current Asset Value |
(5,432.00) | (5,607.00) | (5,695.00) | (8,375.00) | (6,653.00) | (4,534.00) | (5,433.00) | (4,974.00) | (4,432.00) | (4,329.00) |
EV/EBIT |
8.87 | 9.13 | 8.58 | 35.66 | 12.61 | 8.79 | 10.52 | 10.29 | 9.32 | 6.72 |
Capex to Sales |
0.07 | 0.06 | 0.05 | 0.08 | 0.04 | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 |
Price to Operating Income |
6.97 | 6.65 | 5.02 | 20.01 | 9.31 | 7.27 | 7.76 | 7.57 | 6.54 | 4.11 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.17 | 0.18 | 0.19 | 0.53 | 0.51 | 0.36 | 0.19 | 0.22 | 0.25 | 0.23 |
Cash ROIC |
15.17% | 10.66% | 11.76% | 14.01% | 19.17% | 22.27% | 20.07% | 17.06% | 20.79% | 24.51% |
Accounts Receivable Turnover |
45.31 | 41.83 | 39.10 | 16.06 | 28.34 | 40.63 | 32.45 | 33.02 | 34.07 | 37.88 |
Accounts Payable Turnover |
11.03 | 10.96 | 11.68 | 4.44 | 6.73 | 10.33 | 9.67 | 10.04 | 11.35 | 10.22 |
Inventory Turnover |
6.72 | 6.57 | 6.70 | 2.38 | 3.59 | 6.29 | 6.07 | 5.91 | 5.64 | 5.73 |
Average Days of Payables |
33.47 | 34.11 | 31.12 | 78.25 | 37.72 | 39.43 | 38.58 | 33.08 | 30.29 | 41.38 |
Days of Inventory on Hand |
53.70 | 58.99 | 54.63 | 155.65 | 62.55 | 64.26 | 60.11 | 61.81 | 65.78 | 62.20 |
Average Receivables |
277.50 | 302.00 | 338.50 | 336.50 | 227.00 | 194.00 | 233.00 | 225.00 | 214.50 | 192.50 |
Average Payables |
675.50 | 700.00 | 714.00 | 679.00 | 496.00 | 390.00 | 445.00 | 417.50 | 359.00 | 401.50 |
Average Inventory |
1,109.00 | 1,168.00 | 1,244.00 | 1,267.50 | 929.50 | 640.50 | 709.00 | 709.50 | 722.00 | 716.50 |
Average Assets |
8,331.50 | 8,159.50 | 8,119.50 | 9,107.50 | 10,848.00 | 8,798.50 | 5,760.00 | 5,478.50 | 5,167.50 | 4,970.50 |
Average Common Equity |
(492.50) | (739.00) | (808.00) | (1,180.00) | (1,078.00) | (1,089.00) | (1,861.00) | (1,915.50) | (1,504.50) | (1,331.00) |
Columns are period end dates