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Bath & Body Works BBWI Free cash flow margin

Free cash flow margin at other companies

Target logo
TargetTGT
2.8%-0.5pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
8.7%+2.3pp
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
9.5%
Church & Dwight logo
Church & DwightCHD
15.3%+2.2pp
Inter Parfums logo
Inter ParfumsIPAR
13.2%-2.2pp
AptarGroup logo
AptarGroupATR
8.4%-2.1pp

Other financials

Income statement

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Revenue$1.4B-3.2%
Gross profit$587.0M-9.1%
Operating income$231.0M+10.5%
Net income$183.0M+74.3%
EPS (diluted)$0.90+83.7%

Balance sheet

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Cash & equivalents$820.0M+28.9%
Total debt$4.7B-5.4%
Total equity-$1.1B+21.9%
Total assets$5.0B+1.7%

Cash flow

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Operating cash flow$244.0M+29.8%
CapEx$49.0M+32.4%
Free cash flow$195.0M+29.1%

Valuation

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Market cap$4.14B-38.6%
Enterprise value$8.04B-27.2%
P/E5.7×-2.6×
P/S0.6×-0.3×

Profitability

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Gross margin43.2%-1.4pp
Operating margin15.8%-1.7pp
Net margin10%-1.1pp

Returns & leverage

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Return on equity-56.3%
Debt / equity262.3×
Current ratio1.4×0.0×

Where this comes from

Calculated from Bath & Body Works’s reported figures.

Based on trailing twelve months.

The official record: Bath & Body Works’s 10-Q, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bath & Body Works's free cash flow margin?
Bath & Body Works (BBWI) reported free cash flow margin of 10.6% in Q1 2025.
How has Bath & Body Works's free cash flow margin changed year-over-year?
Bath & Body Works's free cash flow margin increased by 7.3% year-over-year, from 9.9% to 10.6%.
What is the long-term trend for Bath & Body Works's free cash flow margin?
Over 3 years (2020 to 2024), Bath & Body Works's free cash flow margin has grown at a -31.5% compound annual growth rate (CAGR), from 28.1% to 9%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.