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

Bath & Body Works (BBWI) posted quarterly Return on Capital Employed of 32.75% for Q1 2026, down 149.0% YoY from 66.84% in Q1 2025, and down 8.99% sequentially from 35.99% in Q4 2025.

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

Bath & Body Works has disclosed Return on Capital Employed across 18 years of filings, most recently posting 32.75% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 149.0% year-over-year to 32.75%; the TTM figure through Jan 2026 stood at 32.75% (down 149.0% YoY), while the FY2026 annual figure was 33.32%, up 116.0% from the prior year.
  • Return on Capital Employed slipped to 32.75% in Q1 2026, 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.
  • The 5-year median for Return on Capital Employed is 35.6% (2025), against an average of 36.68%.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed soared 2412 bps — and 2023, when it plunged 1986 bps.
  • A 5-year view of Return on Capital Employed shows it stood at 44.96% in 2022, then slipped by 27 bps to 32.62% in 2023, then increased by 16 bps to 37.86% in 2024, then decreased by 5 bps to 35.99% in 2025, then retreated by 9 bps to 32.75% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 32.75%, 35.99%, and 35.6% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 20.02%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 41.55%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 8.58%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 17.35%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 22.05%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 22.31%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 11.70%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 252.73%
10 Bath & Body Works 2.42 Bn 1.47 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%