Bath & Body WorksWBO:LBRA -4.01%62 Pretax Margin % is 12.05% as of Apr. 2026, which is 12% below its 10-year median of 13.62. GuruFocus rates WBO:LBRA with a GF Score™ of 62/100 and a GF Value™ of €29.16 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,124 Retail - Cyclical companies, Bath & Body Works ranks better than 84.16% on this metric.
The historical rank and industry rank for Bath & Body Works's Pretax Margin % or its related term are showing as below:
WBO:LBRA'
s Pretax Margin % Range Over the Past 10 Years
Min: 6.47 Med: 13.62 Max: 18.05
Current: 12.45
WBO:LBRA's Pretax Margin % is ranked better than 84.16% of 1124
companies
in the Retail - Cyclical industry
Industry Median: 3.17
vs WBO:LBRA: 12.45
Bath & Body Works (WBO:LBRA) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Bath & Body Works Pretax Margin % Related Terms
Bath & Body Works Pretax Margin % Historical Data
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The historical data trend for Bath & Body Works's Pretax 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, RH, ASO: Pretax Margin % Comparison
For the Specialty Retail subindustry, Bath & Body Works's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Bath & Body Works's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Bath & Body Works's Pretax 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 Pretax Margin % of 12.05% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bath & Body Works and its competitors. This is 12% below median its historical median of 13.62. Over the past decade, Bath & Body Works' Pretax Margin % has ranged from 6.47 to 18.05. According to the industry distribution chart, Bath & Body Works ranks #178 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 15.8%.
Is Bath & Body Works' Pretax Margin % too high?
Bath & Body Works' current Pretax Margin % of 12.05% is 12% below median its 10-year median of 13.62. Over the past 10 years, this metric has ranged from a low of 6.47 to a high of 18.05. The Retail - Cyclical industry median Pretax Margin % is 3.17. Bath & Body Works' value of 12.05% is 280.1% above this industry median. Based on the distribution chart, Bath & Body Works ranks #178 out of 1124 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' Pretax Margin % compare to MNSO and RH?
According to the Retail - Cyclical industry distribution chart, Bath & Body Works ranks #178 out of 1124 companies for Pretax Margin %. This places Bath & Body Works in the top 16% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 3.17. Bath & Body Works' value of 12.05% is 280.1% above this benchmark. Historically, Bath & Body Works' own Pretax Margin % has ranged from 6.47 to 18.05 over the past decade. While the company's 10-year median is 13.62 vs. the industry median of 3.17, 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 Pretax Margin % for a Retail - Cyclical company?
The median Pretax Margin % among Retail - Cyclical companies is 3.17, based on 1,124 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bath & Body Works's current Pretax Margin % of 12.05% is 280.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Bath & Body Works and its competitors. For the Retail - Cyclical industry, the median Pretax Margin % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bath & Body Works's current Pretax Margin % is 12.05%, which is 12% below median its own 10-year median of 13.62. 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 €29.16, compared to a current price of €18.79 — trading 35.6% below its estimated fair value. The current Pretax Margin % is 12.05%, which is 12% below median its 10-year median of 13.62 and 280.1% above the Retail - Cyclical industry median of 3.17. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Bath & Body Works (WBO:LBRA), the current Pretax Margin % is 12.05% 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 €18.79 is trading 35.6% below its estimated GF Value™ of €29.16.
GuruFocus considers Bath & Body Works to be Significantly Undervalued.
Key valuation signals for WBO:LBRA:
Pretax Margin %: 12.05% (12% below median its 10-year median of 13.62)
GF Value™: €29.16 vs. price of €18.79 (35.6% below fair value)
Industry Position: 280.1% above the Retail - Cyclical median (#178 of 1124)
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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