Bath & Body Works (BBWI) Operating Margin (2009 - 2026)
Bath & Body Works (BBWI) posted Operating Margin of 14.27% for fiscal Q2 2027 (quarter ended Aug 1, 2026), up 4.13 percentage points from 10.14% a year earlier.
Bath & Body Works (BBWI) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Aug 1, 2026, Operating Margin at Bath & Body Works was 15.35%, down 1.77 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 15.44%, down 1.88 percentage points from FY2025.
- Annual Operating Margin shows a five-year change of -9.49 percentage points (FY2021 to FY2026).
- In prior fiscal years, Bath & Body Works' Operating Margin was 17.33% in FY2025 (+0.03 pp), 17.30% in FY2024 (-0.90 pp), 18.20% in FY2023 (-7.29 pp) and 25.49% in FY2022 (+0.56 pp).
- Quarterly Operating Margin has run from a low of 10.10% in fiscal Q3 2026 to a high of 29.04% in fiscal Q4 2022 over five years.
- On a year-over-year basis, Operating Margin increased in three of the last seven quarters, with an average year-over-year change of -0.36 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q2 2027, with a gain of 4.13 percentage points; the weakest was fiscal Q3 2023, with a drop of 11.74 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 389.52 Bn | 341.08 Bn | 11.60 Bn | 25.51% |
| 2 | Colgate Palmolive | 77.87 Bn | 72.35 Bn | 3.23 Bn | 20.26% |
| 3 | Estee Lauder Companies | 40.86 Bn | 27.95 Bn | 2.81 Bn | 10.98% |
| 4 | Kenvue | 37.02 Bn | 32.73 Bn | 2.31 Bn | 18.17% |
| 5 | Kimberly Clark | 36.57 Bn | 32.51 Bn | 1.44 Bn | 12.48% |
| 6 | Church & Dwight | 26.26 Bn | 24.65 Bn | 749.40 Mn | 18.19% |
| 7 | Clorox | 12.68 Bn | 10.94 Bn | 770.00 Mn | 23.67% |
| 8 | e.l.f. Beauty | 6.96 Bn | 5.78 Bn | 370.22 Mn | 10.07% |
| 9 | Reynolds Consumer Products | 5.15 Bn | 4.85 Bn | 236.00 Mn | 13.77% |
| 10 | Bath & Body Works | 4.60 Bn | 1.80 Bn | 692.00 Mn | 14.27% |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 14.27% |
| Jan 31, 2026 | 21.99% |
| Nov 1, 2025 | 10.10% |
| Aug 2, 2025 | 10.14% |
| May 3, 2025 | 14.68% |
| Feb 1, 2025 | 24.33% |
| Nov 2, 2024 | 13.54% |
| Aug 3, 2024 | 11.99% |
| May 4, 2024 | 13.51% |
| Feb 3, 2024 | 23.90% |
| Oct 28, 2023 | 14.15% |
| Jul 29, 2023 | 12.06% |
| Apr 29, 2023 | 12.97% |
| Jan 28, 2023 | 22.60% |
| Oct 29, 2022 | 12.59% |
| Jul 30, 2022 | 14.96% |
| Apr 30, 2022 | 19.31% |
| Jan 29, 2022 | 29.04% |
| Oct 30, 2021 | 24.33% |
| Jul 31, 2021 | 22.54% |
Bath & Body Works Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BBWI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BBWI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BBWI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();