Bath & Body Works (BBWI) Return on Capital Employed (2009 - 2026)

Bath & Body Works' (BBWI) quarterly Return on Capital Employed came in at 32.75% in Q1 2026, down 149.0% year-on-year from 66.84% in Q1 2025, and down 8.99% on a QoQ basis from 35.99% in Q4 2025.

Bath & Body Works (BBWI) Return on Capital Employed (2009 - 2026) Analysis & Trends

Bath & Body Works (BBWI) has 18 years of Return on Capital Employed data on file, last reported at 32.75% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 149.0% year-over-year to 32.75% in Q1 2026; TTM through Jan 2026 was 32.75%, a 149.0% decrease from a year earlier, with the FY2026 full-year figure at 33.32%, up 116.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 32.75%, down from 35.99% in the prior quarter.
  • Over the last five years, Return on Capital Employed for BBWI reached as high as 49.97% in Q3 2022 and fell as low as 30.1% in Q3 2023.
  • Historically, Return on Capital Employed has averaged 36.68% across 5 years, with a median of 35.6% in 2025.
  • Across the five-year window, Return on Capital Employed jumped 2412 bps in 2022 and plunged 1986 bps in 2023, its largest moves.
  • Year by year, Return on Capital Employed stood at 44.96% in 2022, then fell by 27 bps to 32.62% in 2023, then advanced by 16 bps to 37.86% in 2024, then declined by 5 bps to 35.99% in 2025, then dropped by 9 bps to 32.75% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 32.75% in Q1 2026, 35.99% in Q4 2025, and 35.6% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Caseys General Stores 32.35 Bn 31.83 Bn 1.08 Bn 20.02%
2 NaaS Technology 30.76 Bn 30.76 Bn - -
3 Williams Sonoma 28.07 Bn 27.05 Bn 1.10 Bn 41.55%
4 Ulta Beauty 22.98 Bn 22.49 Bn 1.48 Bn 32.06%
5 Best Buy 18.17 Bn 16.42 Bn 2.10 Bn 22.05%
6 Dick'S Sporting Goods 16.47 Bn 15.12 Bn 1.77 Bn 8.58%
7 Tractor Supply 15.98 Bn 15.76 Bn 1.30 Bn 17.35%
8 MINISO Group Holding 15.79 Bn 14.72 Bn 414.86 Mn 16.27%
9 Five Below 11.82 Bn 10.89 Bn 696.98 Mn 11.70%
10 Bath & Body Works 4.43 Bn 3.48 Bn 1.24 Bn 32.75%

Historic Data

Download Data
DateValue
Jan 31, 2026 32.75%
Nov 1, 2025 35.99%
Aug 2, 2025 35.60%
May 3, 2025 35.95%
Feb 1, 2025 34.24%
Nov 2, 2024 37.86%
Aug 3, 2024 35.87%
May 4, 2024 31.35%
Feb 3, 2024 31.64%
Oct 28, 2023 32.62%
Jul 29, 2023 30.10%
Apr 29, 2023 30.78%
Jan 28, 2023 35.00%
Oct 29, 2022 44.96%
Jul 30, 2022 49.97%
Apr 30, 2022 46.44%
Jan 29, 2022 42.40%
Oct 30, 2021 29.51%
Jul 31, 2021 25.84%
May 1, 2021 22.75%