Bath & Body Works (BBWI) Debt to Equity (2009 - 2026)

Bath & Body Works (BBWI) reported Debt to Equity of -$3.04 for Q1 2026, down 8.51% year-over-year from -$3.33 in Q1 2025, and down 24.61% quarter-over-quarter from -$2.44 in Q4 2025.

Bath & Body Works (BBWI) Debt to Equity (2009 - 2026) Analysis & Trends

Bath & Body Works (BBWI) has 18 years of Debt to Equity data on file, last reported at -$3.04 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at -$3.04, down 8.51% year-over-year; the trailing twelve-month figure through Jan 2026 was -$3.04 (down 8.51% YoY), and the FY2026 annual result was -$3.04, down 8.51% from the prior year.
  • Debt to Equity eased to -$3.04 in Q1 2026 per BBWI's latest filing, from -$2.44 in the prior quarter.
  • Over five years, Debt to Equity peaked at -$1.82 in Q3 2022 and troughed at -$3.2 in Q1 2022.
  • A 5-year average of -$2.41 and a median of -$2.44 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity jumped 81.78% in 2022, then slipped 22.39% in 2024.
  • A 5-year view of Debt to Equity shows it stood at -$1.86 in 2022, then dropped by 13.62% to -$2.12 in 2023, then fell by 13.4% to -$2.4 in 2024, then dropped by 1.7% to -$2.44 in 2025, then fell by 24.61% to -$3.04 in 2026.
  • Business Quant data shows BBWI's Debt to Equity at -$3.04 in Q1 2026, -$2.44 in Q4 2025, and -$2.51 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 0.63
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn -
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 0.02
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 0.34
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 0.85
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 0.38
7 NaaS Technology 14.72 Bn 14.70 Bn - -0.65
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn -
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 3.27
10 Bath & Body Works 4.08 Bn 3.13 Bn 1.24 Bn -3.04

Historic Data

Download Data
DateValue
Jan 31, 2026 -3.04
Nov 1, 2025 -2.44
Aug 2, 2025 -2.51
May 3, 2025 -2.68
Feb 1, 2025 -2.80
Nov 2, 2024 -2.40
Aug 3, 2024 -2.44
May 4, 2024 -2.55
Feb 3, 2024 -2.70
Oct 28, 2023 -2.12
Jul 29, 2023 -2.17
Apr 29, 2023 -2.20
Jan 28, 2023 -2.20
Oct 29, 2022 -1.86
Jul 30, 2022 -1.82
Apr 30, 2022 -1.83
Jan 29, 2022 -3.20
Oct 30, 2021 -2.90
Jul 31, 2021 -4.50
May 1, 2021 -10.03