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% 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 reported Return on Capital Employed for 18 consecutive years, with 32.75% the latest figure, recorded in 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 eased to 32.75% in Q1 2026 per BBWI's latest filing, from 35.99% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 49.97% in Q3 2022 and bottomed at 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.
- Annual changes were most pronounced in 2022 — Return on Capital Employed soared 2412 bps — and 2023, when it slumped 1986 bps.
- Bath & Body Works' Return on Capital Employed stood at 44.96% in 2022, then dropped by 27 bps to 32.62% in 2023, then rose by 16 bps to 37.86% in 2024, then slipped by 5 bps to 35.99% in 2025, then decreased 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 | 30.86 Bn | 30.34 Bn | 1.08 Bn | 20.02% |
| 2 | Williams Sonoma | 28.83 Bn | 27.81 Bn | 1.10 Bn | 41.55% |
| 3 | Ulta Beauty | 22.86 Bn | 22.64 Bn | 1.27 Bn | 34.02% |
| 4 | Tractor Supply | 18.25 Bn | 18.02 Bn | 1.68 Bn | 15.37% |
| 5 | Best Buy | 18.12 Bn | 16.37 Bn | 2.10 Bn | 22.05% |
| 6 | Dick'S Sporting Goods | 16.18 Bn | 15.18 Bn | 1.68 Bn | 9.24% |
| 7 | Five Below | 13.82 Bn | 12.71 Bn | 478.64 Mn | 13.97% |
| 8 | Murphy USA | 10.46 Bn | 10.28 Bn | 746.50 Mn | 23.71% |
| 9 | Bath & Body Works | 4.03 Bn | 3.08 Bn | 1.24 Bn | 32.75% |
| 10 | MINISO Group Holding | 3.38 Bn | 2.41 Bn | 414.86 Mn | 16.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |