Bath & Body Works profit margin BBWI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 10.8%
- Operating margin, 12 months
- 16.7%
- Net margin on a year earlier
- +1.0 pts
- Peer median
- 5.0%
Over the twelve months to Aug 1, 2026, Bath & Body Works kept 10.8% of its revenue as net profit, with an operating margin of 16.7% and a gross margin of 44.1%.
Five years earlier its net margin was 24.2%.
The median for 10 specialty retail stocks of a similar size is 5.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 8.9% | 15.4% | 43.7% |
| FY2024 | 10.9% | 17.3% | 44.2% |
| FY2023 | 11.8% | 17.3% | 43.6% |
| FY2022 | 10.6% | 18.2% | 43.1% |
| FY2021 | 16.9% | 25.5% | 48.9% |
| FY2020 | 13.1% | 24.9% | 48.1% |
| FY2019 | −2.8% | 2.0% | 34.5% |
| FY2018 | 4.9% | 9.3% | 37.0% |
| FY2017 | 7.8% | 13.7% | 39.3% |
| FY2016 | 9.2% | 15.9% | 40.8% |
| FY2015 | 10.3% | 18.0% | 42.8% |
| FY2014 | 9.1% | 17.1% | 42.0% |
| FY2013 | 8.4% | 16.2% | 41.1% |
| FY2012 | 7.2% | 15.0% | 41.9% |
| FY2011 | 8.2% | 11.9% | 39.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.8% | +1.0 pts | 16.7% | |
| Q1 FY26 | 10.0% | −1.1 pts | 15.8% | |
| Q4 FY25 | 8.9% | −2.0 pts | 15.4% | |
| Q3 FY25 | 9.5% | −2.9 pts | 16.4% | |
| Q2 FY25 | 9.9% | −2.8 pts | 17.1% | |
| Q1 FY25 | 11.1% | −0.8 pts | 17.5% | |
| Q4 FY24 | 10.9% | −0.9 pts | 17.3% | |
| Q3 FY24 | 12.4% | +2.5 pts | 17.3% | |
| Q2 FY24 | 12.7% | +3.2 pts | 17.4% | |
| Q1 FY24 | 11.9% | +2.2 pts | 17.4% | |
| Q4 FY23 | 11.8% | +1.2 pts | 17.3% | |
| Q3 FY23 | 9.9% | −2.6 pts | 16.8% |
Against its peers
Companies in Specialty Retail nearest Bath & Body Works' size, closest first, today.
| Company | Profit margin |
|---|---|
| BBWIBath & Body Works | 10.8% |
| SIGSignet Jewelers | 5.2% |
| ASOAcademy Sports & Outdoors | 6.4% |
| NSITInsight Enterprises | 2.5% |
| AAPAdvance Auto Parts | 1.0% |
| RHRH | 3.2% |
| FCFSFirstCash | 9.4% |
| GCTGigaCloud Technology | 10.6% |
| CHWYChewy | 2.1% |
| EZPWEzcorp | 10.0% |
| ARHSArhaus | 4.9% |
| Peer median | 5.0% |
Where Bath & Body Works ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Bath & Body Works
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.