Bath & Body Works (WBO:LBRA) Debt-to-EBITDA : (As of Jul. 2026)

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WBO:LBRA Bath & Body Works Inc WBO:LBRA
59 GF Score
Price €15.43
GF Value €28.14
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Bath & Body Works Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Bath & Body Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2026 was €389 Mil. Bath & Body Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2026 was €3,735 Mil. Bath & Body Works's annualized EBITDA for the quarter that ended in Jul. 2026 was €992 Mil. Bath & Body Works's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2026 was 4.16.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Bath & Body Works's Debt-to-EBITDA or its related term are showing as below:

WBO:LBRA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.2   Med: 3.29   Max: 5.8
Current: 3.2

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bath & Body Works was 5.80. The lowest was 2.20. And the median was 3.29.

WBO:LBRA's Debt-to-EBITDA is ranked worse than
63.96% of 913 companies
in the Retail - Cyclical industry
Industry Median: 2.23 vs WBO:LBRA: 3.20

Bath & Body Works  (WBO:LBRA) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Bath & Body Works Debt-to-EBITDA Related Terms

Bath & Body Works Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bath & Body Works's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bath & Body Works Debt-to-EBITDA Chart

Bath & Body Works Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-EBITDA
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Bath & Body Works Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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WBO:LBRA vs MNSO, RH, ASO: Debt-to-EBITDA Comparison

For the Specialty Retail subindustry, Bath & Body Works's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bath & Body Works Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bath & Body Works's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bath & Body Works's Debt-to-EBITDA falls into.


WBO:LBRA
59GF Score
Bath & Body Works Inc WBO:LBRA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bath & Body Works Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Bath & Body Works's Debt-to-EBITDA for the fiscal year that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(399.27709830622 + 3764.9728911865) / 1238.5125521912
=3.36

Bath & Body Works's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(388.50984311851 + 3734.7355612533) / 991.85351947912
=4.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jul. 2026) EBITDA data.

Is Bath & Body Works (WBO:LBRA) Overvalued in 2026?

Based on GuruFocus' analysis, Bath & Body Works stock appears to be undervalued. The current stock price of €15.43 is trading 45.2% below its estimated GF Value™ of €28.14. GuruFocus considers Bath & Body Works to be Significantly Undervalued.

Key valuation signals for WBO:LBRA:

  • Debt-to-EBITDA:
  • GF Value™: €28.14 vs. price of €15.43 (45.2% below fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the WBO:LBRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bath & Body Works Business Description

Address Three Limited Parkway, Columbus, OH, USA, 43230
Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 4% of sales from international markets in fiscal 2025. For fiscal 2025, 77% of sales stemmed from the brick-and-mortar network of more than 1,900 retail stores, similar to 2024 levels, as consumer shopping patterns remained normal. Future growth is expected from store upgrades, digital and international channels, as well as adjacent category expansions like men's and lip.
59GF Score

Get the complete analysis for WBO:LBRA

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.43
Price
€28.14
GF Value