Bath & Body Works Inc. (BBWI)
Operating profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,286,000 | 1,243,000 | 1,224,000 | 1,278,000 | 1,377,000 | 1,603,000 | 1,810,000 | 1,952,000 | 2,009,000 | 2,000,000 | 2,027,000 | 1,906,000 | 1,605,000 | 817,000 | 230,000 | 142,000 | 259,000 | 977,000 | 1,182,000 | 1,235,000 |
| Revenue (ttm) | US$ in thousands | 7,118,000 | 7,175,000 | 7,203,000 | 7,253,000 | 7,300,000 | 7,438,000 | 7,510,000 | 9,197,000 | 9,306,000 | 11,098,000 | 12,442,000 | 11,542,000 | 11,726,000 | 11,614,000 | 11,357,000 | 9,078,000 | 10,053,000 | 10,198,000 | 10,296,000 | 13,240,000 |
| Operating profit margin | 18.07% | 17.32% | 16.99% | 17.62% | 18.86% | 21.55% | 24.10% | 21.22% | 21.59% | 18.02% | 16.29% | 16.51% | 13.69% | 7.03% | 2.03% | 1.56% | 2.58% | 9.58% | 11.48% | 9.33% |
February 3, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,286,000K ÷ $7,118,000K
= 18.07%
The operating profit margin of Bath & Body Works Inc. has shown fluctuations over the past several quarters. The margin was relatively stable around the 17-18% range from Feb 3, 2024, to Apr 29, 2023. However, there was a noticeable decline in the operating profit margin from Jan 28, 2023, to Jul 30, 2022, where it dropped from 18.86% to 21.22%.
Following this period, the operating profit margin experienced a significant increase, reaching its peak at 24.10% on Jul 30, 2022. This was followed by a slight decrease in the margin to 21.59% on Jan 29, 2022. Subsequently, there was a fluctuation in the range of 16-18% until Jan 30, 2021, where the margin decreased to 13.69%.
A notable decline in the operating profit margin occurred from Jan 30, 2021, to May 2, 2020, where it dropped from 13.69% to 1.56%. The margin remained low until Nov 2, 2019, where it started to gradually increase, reaching 11.48% by May 4, 2019. Overall, the operating profit margin of Bath & Body Works Inc. has displayed variability, reflecting changes in the company's profitability over the analyzed period.
Peer comparison
Feb 3, 2024