Bath & Body Works (BBWI) Net Margin (2009 - 2026)

Bath & Body Works' (BBWI) quarterly Net Margin came in at 14.79% in Q1 2026, down 146.0% year-on-year from 32.16% in Q1 2025, and up 206.26% on a QoQ basis from 4.83% in Q4 2025.

Bath & Body Works (BBWI) Net Margin (2009 - 2026) Analysis & Trends

Bath & Body Works (BBWI) has 18 years of Net Margin data on file, last reported at 14.79% in Q1 2026.

  • On a quarterly basis, Net Margin fell 146.0% year-over-year to 14.79% in Q1 2026; TTM through Jan 2026 was 8.9%, a 202.0% decrease from a year earlier, with the FY2026 full-year figure at 8.9%, changed N/A from the prior year.
  • Net Margin for Q1 2026 stood at 14.79%, up from 4.83% in the prior quarter.
  • Over the last five years, Net Margin for BBWI reached as high as 19.88% in Q1 2024 and fell as low as 0.07% in Q1 2022.
  • Historically, Net Margin has averaged 7.87% across 5 years, with a median of 6.47% in 2024.
  • Across the five-year window, Net Margin sank 1104 bps in 2022 and soared 1968 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 0.07% in 2022, then jumped by 11431 bps to 7.62% in 2023, then dropped by 14 bps to 6.58% in 2024, then retreated by 27 bps to 4.83% in 2025, then surged by 206 bps to 14.79% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 14.79% in Q1 2026, 4.83% in Q4 2025, and 4.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Caseys General Stores 32.13 Bn 31.61 Bn 1.08 Bn 3.56%
2 NaaS Technology 30.58 Bn 30.58 Bn - -
3 Williams Sonoma 28.34 Bn 27.33 Bn 1.10 Bn 15.61%
4 Ulta Beauty 23.18 Bn 22.69 Bn 1.48 Bn 9.15%
5 Best Buy 18.52 Bn 16.77 Bn 2.10 Bn 3.09%
6 Dick'S Sporting Goods 16.59 Bn 15.24 Bn 1.77 Bn 2.06%
7 MINISO Group Holding 16.05 Bn 14.98 Bn 414.86 Mn -2.26%
8 Tractor Supply 15.89 Bn 15.66 Bn 1.30 Bn 4.58%
9 Five Below 12.09 Bn 11.16 Bn 696.98 Mn 13.78%
10 Bath & Body Works 4.44 Bn 3.49 Bn 1.24 Bn 14.79%

Historic Data

Download Data
DateValue
Jan 31, 2026 14.79%
Nov 1, 2025 4.83%
Aug 2, 2025 4.13%
May 3, 2025 7.37%
Feb 1, 2025 16.25%
Nov 2, 2024 6.58%
Aug 3, 2024 9.96%
May 4, 2024 6.29%
Feb 3, 2024 19.88%
Oct 28, 2023 7.62%
Jul 29, 2023 6.35%
Apr 29, 2023 5.80%
Jan 28, 2023 0.21%
Jan 29, 2022 0.07%
Oct 30, 2021 -5.29%
Jul 31, 2021 9.33%
May 1, 2021 12.65%
Jan 30, 2021 11.11%
Oct 31, 2020 7.93%
Aug 1, 2020 -12.85%