Bath & Body WorksWBO:LBRA +4.71%62 Net Margin % is 13.28% as of Apr. 2026, which is 34% above its 10-year median of 9.90. GuruFocus rates WBO:LBRA with a GF Score™ of 62/100 and a GF Value™ of €29.07 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Bath & Body Works ranks better than 86.35% on this metric.
The historical rank and industry rank for Bath & Body Works's Net Margin % or its related term are showing as below:
WBO:LBRA'
s Net Margin % Range Over the Past 10 Years
Min: -6.77 Med: 9.9 Max: 16.91
Current: 10.04
WBO:LBRA's Net Margin % is ranked better than 86.35% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.335
vs WBO:LBRA: 10.04
Bath & Body Works (WBO:LBRA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Bath & Body Works Net Margin % Related Terms
Bath & Body Works Net Margin % Historical Data
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The historical data trend for Bath & Body Works's Net Margin % 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.
WBO:LBRA vs MNSO, ASO, RH: Net Margin % Comparison
For the Specialty Retail subindustry, Bath & Body Works's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Bath & Body Works's Net Margin % distribution charts can be found below:
* The bar in red indicates where Bath & Body Works's Net Margin % 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 (WBO:LBRA) has a Net Margin % of 13.28% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Bath & Body Works and its competitors. This is 34% above median its historical median of 9.90. According to the industry distribution chart, Bath & Body Works ranks #154 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 13.7%.
Is Bath & Body Works' Net Margin % too high?
Bath & Body Works' current Net Margin % of 13.28% is 34% above median its 10-year median of 9.90. The Retail - Cyclical industry median Net Margin % is 2.34. Bath & Body Works' value of 13.28% is 468.7% above this industry median. Based on the distribution chart, Bath & Body Works ranks #154 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Bath & Body Works has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bath & Body Works' Net Margin % compare to MNSO and ASO?
According to the Retail - Cyclical industry distribution chart, Bath & Body Works ranks #154 out of 1128 companies for Net Margin %. This places Bath & Body Works in the top 14% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.34. Bath & Body Works' value of 13.28% is 468.7% above this benchmark. While the company's 10-year median is 9.90 vs. the industry median of 2.34, Bath & Body Works has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.34, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bath & Body Works's current Net Margin % of 13.28% is 468.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Bath & Body Works and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bath & Body Works's current Net Margin % is 13.28%, which is 34% above median its own 10-year median of 9.90. 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 (WBO:LBRA) is currently considered Significantly Undervalued. The stock's GF Value™ is €29.07, compared to a current price of €18.91 — trading 35% below its estimated fair value. The current Net Margin % is 13.28%, which is 34% above median its 10-year median of 9.90 and 468.7% above the Retail - Cyclical industry median of 2.34. Bath & Body Works' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Bath & Body Works (WBO:LBRA), the current Net Margin % is 13.28% 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 (WBO:LBRA) Overvalued in 2026?
Based on GuruFocus' analysis, Bath & Body Works stock appears to be undervalued.
The current stock price of €18.91 is trading 35% below its estimated GF Value™ of €29.07.
GuruFocus considers Bath & Body Works to be Significantly Undervalued.
Key valuation signals for WBO:LBRA:
Net Margin %: 13.28% (34% above median its 10-year median of 9.90)
GF Value™: €29.07 vs. price of €18.91 (35% below fair value)
Industry Position: 468.7% above the Retail - Cyclical median (#154 of 1128)
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 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.
62GF Score
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