Stocks · Consumer Cyclical · Specialty Retail
Bath & Body Works, Inc. BBWI
$16.06 -2.07% Close, Oct 2, 2026 · NYSE · Market cap $3.24B
High qualityWeak trendInexpensive vs sector
Next earnings report: Nov 19, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 4.3× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Over the past year the stock returned -37.4%, behind the S&P 500 by 52.5 percentage points.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth32Weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 23%
- EPS growth (TTM, YoY)Top 39%
- FCF growth (TTM, YoY)Top 41%
- Revenue growth, 3-year CAGRBottom 34%
- Revenue growth accelerationBottom 34%
Quality90Exceptional
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 5%
- Gross marginTop 33%
- Operating marginTop 14%
- Cash conversion (OCF / net income)Bottom 44%
- Accruals (lower is better)Top 22%
- Net debt / EBITDA (lower is better)Top 50%
- Interest coverTop 48%
Value100Exceptional
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 2%
- Free-cash-flow yieldTop 3%
- EBITDA / enterprise valueTop 4%
- Sales / enterprise valueTop 42%
- P/E vs own 5-year history (lower is better)Top 8%
Momentum18Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 20%
- 6-month returnBottom 28%
- 1-year return vs S&P 500Bottom 19%
- Distance from 52-week highBottom 29%
- Trend checklist (0–4)Bottom 18%
Revisions65Positive
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 22%
- Consecutive EPS beatsTop 38%
- Share of analysts rating BuyBottom 39%
- Upside to consensus price targetBottom 49%
Stability26Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 34%
- Maximum drawdown, 3 yearsBottom 23%
- Beta vs S&P 500 (lower is better)Bottom 22%
- Net debt / EBITDA (lower is better)Top 50%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -1.4% | -2.2% | ↓ |
| EPS growth (YoY) | -7.2% | 11.6% | ↑ |
| Gross margin | 44.6% | 44.1% | ↓ |
| Operating margin | 17.1% | 16.7% | ↓ |
| FCF margin | 10.6% | 14.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -2.2% | -1.4% | ↓ | Bottom 23% |
| EPS growth (TTM, YoY) | 11.6% | -7.2% | ↑ | Top 39% |
| Gross margin | 44.1% | 44.6% | ↓ | Top 33% |
| Operating margin | 16.7% | 17.1% | ↓ | Top 14% |
| Net margin | 10.8% | 9.9% | ↑ | — |
| Free-cash-flow margin | 14.3% | 10.6% | ↑ | — |
| Return on invested capital | 24.9% | — | Top 5% | |
| Revenue growth, 3-year CAGR | -1.2% | — | Bottom 34% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.63×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -9.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.3%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +19.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.79×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.00%
- Net buyback yield (TTM)
- 4.63%
- Shareholder yield
- 9.64%
- Share count change, 1 year
- -4.5%
- Share count change, 3-year CAGR
- -4.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 1, 2026 (filed Aug 26, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +43.1%
- Average 2-day reaction, last 8
- -1.8%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $21.17
- Target vs current price
- +31.8%
- Analysts with a rating
- 22
- Share rating Buy or Strong Buy
- 45%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 26, 2026 | +155.2% | +7.5% | +5.9% | -3.2% | — |
| May 27, 2026 | +9.8% | +9.7% | +5.6% | +23.0% | +10.8% |
| Mar 4, 2026 | +15.8% | +2.6% | -8.9% | -16.8% | -9.2% |
| Nov 20, 2025 | -8.4% | -24.8% | -17.4% | -6.7% | +13.6% |
| Aug 28, 2025 | +0.0% | -6.9% | +1.0% | -18.1% | -49.8% |
| May 29, 2025 | +17.3% | -6.2% | -11.3% | -4.4% | +2.0% |
| Feb 27, 2025 | +2.5% | -12.7% | -15.7% | -22.6% | -23.6% |
| Nov 25, 2024 | +4.3% | +16.5% | +22.1% | +27.0% | +29.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 26, 2026 | $0.62 | $0.24 | +155.2% | $1.51B |
| May 27, 2026 | $0.32 | $0.29 | +9.8% | $1.38B |
| Mar 4, 2026 | $2.05 | $1.77 | +15.8% | $2.72B |
| Nov 20, 2025 | $0.35 | $0.38 | -8.4% | $1.59B |
| Aug 28, 2025 | $0.37 | $0.37 | +0.0% | $1.55B |
| May 29, 2025 | $0.49 | $0.42 | +17.3% | $1.42B |
| Feb 27, 2025 | $2.09 | $2.04 | +2.5% | $2.79B |
| Nov 25, 2024 | $0.49 | $0.47 | +4.3% | $1.61B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 4.3× | 10.0× | 0th | Top 2% |
| P/E (forward) | 5.9× | — | — | — |
| EV / EBITDA | 5.1× | — | — | Top 4% |
| EV / Sales | 1.00× | — | — | Top 42% |
| Free-cash-flow yield | 31.85% | — | — | Top 3% |
| Earnings yield | 23.35% | — | — | Top 2% |
P/E over the past five years
Range 4.9× – 12.9× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -37.4%
- Earnings per share growth (TTM)
- +11.6%
- Change in P/E multiple
- -42.3%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -7.8%
- 200-day average slope (20 days)
- -0.8%
- Distance from 50-day average
- -13.5%
- Distance from 200-day average
- -19.3%
- RSI (14)
- 37.7
- Relative volume
- 0.87×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 50.2%
- Volatility vs own 5-year history
- 60th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.41
- Correlation with S&P 500
- 0.40
- Current drawdown from 1-year high
- -40.6%
- Maximum drawdown, 3 years
- -71.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 18, 2021 | Nov 21, 2025 | -81.0% | 1006 days | Not yet recovered |
| Jan 12, 2021 | Jan 27, 2021 | -20.6% | 10 days | 6 days (Feb 4, 2021) |
| Jun 1, 2021 | Jun 18, 2021 | -11.3% | 13 days | 3 days (Jun 23, 2021) |
| Dec 9, 2020 | Dec 31, 2020 | -10.5% | 15 days | 3 days (Jan 6, 2021) |
| Aug 3, 2021 | Aug 17, 2021 | -10.3% | 10 days | 3 days (Aug 20, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $3.24B
- P/E (TTM)
- 4.3
- EPS, diluted (TTM)
- $3.75
- Revenue (TTM)
- $7.21B
- Dividend yield
- 4.98%
- 52-week range
- $14.28 – $27.40
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $7.88B | $7.56B | $7.43B | $7.31B | $7.29B |
| Gross profit | $3.85B | $3.25B | $3.24B | $3.23B | $3.19B |
| Operating income | $2.01B | $1.38B | $1.28B | $1.27B | $1.13B |
| Net income | $1.33B | $800.0M | $878.0M | $798.0M | $649.0M |
| EPS (diluted) | $4.88 | $3.43 | $3.83 | $3.61 | $3.07 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.61B | $2.79B | $1.42B | $1.55B | $1.59B | $2.72B | $1.38B | $1.51B |
| Net income | $106.0M | $453.0M | $105.0M | $64.0M | $77.0M | $403.0M | $183.0M | $118.0M |
| EPS (diluted) | $0.48 | $2.09 | $0.49 | $0.30 | $0.36 | $1.90 | $0.91 | $0.58 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.49B | $1.14B | $954.0M | $886.0M | $1.10B |
| Capital expenditure | -$270.0M | -$328.0M | -$298.0M | -$226.0M | -$237.0M |
| Free cash flow | $1.22B | $816.0M | $656.0M | $660.0M | $865.0M |
| Dividends paid | -$120.0M | -$186.0M | -$182.0M | -$177.0M | -$167.0M |
| Net share buybacks | -$1.96B | -$1.31B | -$148.0M | -$401.0M | -$401.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $794.0M
- Total assets
- $5.16B
- Total liabilities
- $6.21B
- Total debt
- $4.74B
- Net debt
- $3.95B
- Shareholders’ equity
- -$1.05B
As of Aug 1, 2026 (filed Aug 26, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 21, 2026 | $0.20 | Sep 4, 2026 |
| Jun 5, 2026 | $0.20 | Jun 19, 2026 |
| Feb 20, 2026 | $0.20 | Mar 6, 2026 |
| Nov 21, 2025 | $0.20 | Dec 5, 2025 |
| Aug 22, 2025 | $0.20 | Sep 5, 2025 |
| Jun 6, 2025 | $0.20 | Jun 20, 2025 |
| Feb 21, 2025 | $0.20 | Mar 7, 2025 |
| Nov 22, 2024 | $0.20 | Dec 6, 2024 |
Short interest
- Shares sold short
- 16,186,293
- Days to cover
- 2.63
- Change vs previous report
- -6.4%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 3, 2021
- 1,237-for-1,000
- May 31, 2000
- 2-for-1
- Jun 2, 1998
- 10,000-for-9,827
- Jun 20, 1990
- 2-for-1
- Jun 24, 1986
- 3-for-2