SuperworthBath & Body Works free cash flow BBWI
Cash from operations less capital spending, by quarter and over the last twelve months, from 2008.
- Last 12 months, to Aug 1, 2026
- $1B
- Latest quarter, Q2 FY26
- $23M
- Fiscal year 2025
- $865M
- +31% on the year before
Bath & Body Works' free cash flow was $1B over the twelve months to Aug 1, 2026, up 32% on a year earlier.
In its latest quarter, Q2 FY26, it was $23M.
Over the five fiscal years to FY2025 it shrank 14% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $865M | +31% |
| FY2024 | $660M | +1% |
| FY2023 | $656M | −20% |
| FY2022 | $816M | −33% |
| FY2021 | $1.2B | −33% |
| FY2020 | $1.8B | +133% |
| FY2019 | $778M | +4% |
| FY2018 | $748M | +7% |
| FY2017 | $699M | −30% |
| FY2016 | $1B | −12% |
| FY2015 | $1.1B | +7% |
| FY2014 | $1.1B | +92% |
| FY2013 | $557M | −27% |
| FY2012 | $763M | −9% |
| FY2011 | $840M | −17% |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $23M | n/a | $1B | |
| Q1 FY26 | $195M | +29% | $909M | |
| Q4 FY25 | $814M | −9% | $865M | |
| Q3 FY25 | −$1M | n/a | $946M | |
| Q2 FY25 | −$99M | n/a | $783M | |
| Q1 FY25 | $151M | +403% | $781M | |
| Q4 FY24 | $895M | +2% | $660M | |
| Q3 FY24 | −$164M | n/a | $643M | |
| Q2 FY24 | −$101M | n/a | $686M | |
| Q1 FY24 | $30M | n/a | $735M | |
| Q4 FY23 | $878M | −12% | $656M | |
| Q3 FY23 | −$121M | n/a | $779M |
Against its peers
Companies in Specialty Retail nearest Bath & Body Works' size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| BBWIBath & Body Works | 24.4% |
| SIGSignet Jewelers | 11.9% |
| ASOAcademy Sports & Outdoors | 8.9% |
| NSITInsight Enterprises | 7.6% |
| AAPAdvance Auto Parts | 0.8% |
| RHRH | 9.6% |
| FCFSFirstCash | n/m |
| GCTGigaCloud Technology | 7.6% |
| CHWYChewy | 6.4% |
| EZPWEzcorp | 7.8% |
| ARHSArhaus | 2.5% |
| Peer median | 7.6% |
Where Bath & Body Works ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Bath & Body Works
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.