Bath & Body Works Inc. (BBWI)

Operating return on assets (Operating ROA)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Operating income (ttm) US$ in thousands 1,266,000 1,284,000 1,761,000 1,799,000 1,833,000 1,325,000 818,000 778,000 738,000 1,202,000 1,667,000 1,688,000 1,709,000 1,299,000 888,000 966,000 1,643,000 2,280,000 2,447,000 2,576,000
Total assets US$ in thousands 4,872,000 4,984,000 4,948,000 5,221,000 5,463,000 5,463,000 5,243,000 5,243,000 5,195,000 5,195,000 5,363,000 5,363,000 5,494,000 5,494,000 5,133,000 5,133,000 4,901,000 4,901,000 4,860,000 6,026,000
Operating ROA 25.99% 25.76% 35.59% 34.46% 33.55% 24.25% 15.60% 14.84% 14.21% 23.14% 31.08% 31.47% 31.11% 23.64% 17.30% 18.82% 33.52% 46.52% 50.35% 42.75%

January 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,266,000K ÷ $4,872,000K
= 25.99%

Operating return on assets (Operating ROA) is a key financial metric that indicates the efficiency with which a company generates profits from its operating activities relative to its total assets. Bath & Body Works Inc.'s operating ROA has shown fluctuations over the analyzed period:

- The operating ROA for Bath & Body Works Inc. ranged from a high of 50.35% in April 2022 to a low of 14.21% in July 2023.
- There was a noticeable decline in operating ROA from October 2022 to July 2023, reflecting potential challenges or inefficiencies in utilizing the company's assets to generate operating income.
- Subsequently, there was a recovery in operating ROA from January 2023 to July 2024, indicating improved operational performance and better asset utilization.
- The most recent data point shows an operating ROA of 25.99% in January 2025, suggesting that the company continues to generate a reasonable level of operating income relative to its asset base.

Overall, Bath & Body Works Inc.'s operating ROA trend indicates periods of both strength and potential areas for improvement in terms of operational efficiency and asset utilization. An analysis of the underlying factors driving these fluctuations could provide valuable insights into the company's financial performance and strategic direction.


Peer comparison

Jan 31, 2025

Company name
Symbol
Operating ROA
Bath & Body Works Inc.
BBWI
25.99%
Victoria's Secret & Co
VSCO
7.14%