Bath & Body Works Inc. (BBWI)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,027,000 | 1,039,000 | 1,516,000 | 1,522,000 | 1,563,000 | 1,067,000 | 572,000 | 525,000 | 478,000 | 927,000 | 1,382,000 | 1,389,000 | 1,396,000 | 978,000 | 554,000 | 627,000 | 1,298,000 | 1,932,000 | 2,001,000 | 1,947,000 |
| Revenue (ttm) | US$ in thousands | 7,307,000 | 7,352,000 | 8,654,000 | 8,690,000 | 8,796,000 | 7,523,000 | 6,093,000 | 5,927,000 | 5,751,000 | 7,080,000 | 8,487,000 | 8,695,000 | 8,899,000 | 7,629,000 | 6,272,000 | 6,118,000 | 7,628,000 | 9,037,000 | 9,186,000 | 9,326,000 |
| Pretax margin | 14.06% | 14.13% | 17.52% | 17.51% | 17.77% | 14.18% | 9.39% | 8.86% | 8.31% | 13.09% | 16.28% | 15.97% | 15.69% | 12.82% | 8.83% | 10.25% | 17.02% | 21.38% | 21.78% | 20.88% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,027,000K ÷ $7,307,000K
= 14.06%
Bath & Body Works Inc.'s pretax margin has shown some fluctuations over the past few years, based on the provided data. The pretax margin, which represents the percentage of each dollar of revenue that turns into pretax profit, is an important indicator of the company's operational efficiency.
From January 31, 2022, to July 30, 2022, the pretax margin fluctuated between 20.88% and 21.78%, indicating a relatively stable profitability level during that period. However, there was a significant decrease in the pretax margin to 17.02% by July 31, 2022, and further declines to 8.83% by October 31, 2022.
Subsequently, there was a noticeable improvement in the pretax margin, reaching 15.69% by January 31, 2023, and staying above 15% until April 30, 2023. However, there was a significant drop to 8.31% by July 31, 2023, suggesting a temporary decline in profitability.
The pretax margin continued to fluctuate around the 9% mark until January 31, 2024, when it increased to 14.18%. There was a further improvement to 17.77% by February 3, 2024, before stabilizing around 17% in the following quarters. The latest data as of January 31, 2025, shows a pretax margin of 14.06%.
Overall, the pretax margin trend of Bath & Body Works Inc. indicates both periods of strong profitability and some fluctuations, highlighting the importance of monitoring operational efficiency closely to sustain and improve profitability levels.
Peer comparison
Jan 31, 2025