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Bath & Body WorksMEX:BBWI 51 Debt-to-Equity is -4.16 as of Apr. 2026. GuruFocus rates MEX:BBWI with a GF Score™ of 51/100 and a GF Value™ of MXN591.40 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,024 Retail - Cyclical companies, Bath & Body Works ranks worse than 97656.15% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Bath & Body Works's Debt-to-Equity or its related term are showing as below:
MEX:BBWI'
s Debt-to-Equity Range Over the Past 10 Years
Min: -15.64 Med: -4.64 Max: -2.27
Current: -4.16
During the past 13 years, the highest Debt-to-Equity Ratio of Bath & Body Works was -2.27. The lowest was -15.64. And the median was -4.64.
MEX:BBWI's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.56
vs MEX:BBWI: -4.16
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Bath & Body Works Debt-to-Equity Related Terms
Bath & Body Works Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bath & Body Works's Debt-to-Equity 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.
MEX:BBWI vs MNSO, RH, ASO: Debt-to-Equity Comparison
For the Specialty Retail subindustry, Bath & Body Works's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Bath & Body Works's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bath & Body Works's Debt-to-Equity falls into.
* 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 (MEX:BBWI) has a Debt-to-Equity of -4.16 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bath & Body Works and its competitors. According to the industry distribution chart, Bath & Body Works ranks #999999 out of 1024 companies in the Retail - Cyclical industry.
Is Bath & Body Works' Debt-to-Equity too high?
Bath & Body Works' current Debt-to-Equity is -4.16. Based on the distribution chart, Bath & Body Works ranks #999999 out of 1024 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Bath & Body Works has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bath & Body Works' Debt-to-Equity compare to MNSO and RH?
According to the Retail - Cyclical industry distribution chart, Bath & Body Works ranks #999999 out of 1024 companies for Debt-to-Equity. This places Bath & Body Works in the lower half of its industry. The industry median Debt-to-Equity is 0.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bath & Body Works and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bath & Body Works's current Debt-to-Equity is -4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bath & Body Works stock overvalued right now?
Based on GuruFocus' analysis, Bath & Body Works (MEX:BBWI) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN591.40, compared to a current price of MXN345.00 — trading 41.7% below its estimated fair value. The current Debt-to-Equity is -4.16. Bath & Body Works' overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Bath & Body Works (MEX:BBWI), the current Debt-to-Equity is -4.16 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bath & Body Works (MEX:BBWI) Overvalued in 2026?
Based on GuruFocus' analysis, Bath & Body Works stock appears to be undervalued.
The current stock price of MXN345.00 is trading 41.7% below its estimated GF Value™ of MXN591.40.
GuruFocus considers Bath & Body Works to be Significantly Undervalued.
Key valuation signals for MEX:BBWI:
Debt-to-Equity: -4.16
GF Value™: MXN591.40 vs. price of MXN345.00 (41.7% below fair value)
No single metric tells the full story. See the MEX:BBWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
51GF Score
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