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

Bath & Body Works (BBWI) reported Return on Capital Employed of 32.75% for Q1 2026, down 149.0% year-over-year from 66.84% in Q1 2025, and down 8.99% quarter-over-quarter 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.

  • Return on Capital Employed for Q1 2026 came in at 32.75%, down 149.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 32.75% (down 149.0% YoY), and the FY2026 annual result was 33.32%, up 116.0% from the prior year.
  • Return on Capital Employed fell to 32.75% in Q1 2026 per BBWI's latest filing, from 35.99% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 49.97% in Q3 2022 and troughed at 30.1% in Q3 2023.
  • A 5-year average of 36.68% and a median of 35.6% in 2025 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 2412 bps in 2022, then slumped 1986 bps in 2023.
  • 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.
  • Business Quant data shows BBWI's Return on Capital Employed at 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 27.84 Bn 27.38 Bn 1.01 Bn 18.66%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 41.55%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 32.06%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 8.58%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 17.35%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 22.05%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 11.70%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 22.31%
10 Bath & Body Works 4.08 Bn 3.13 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%