Bath & Body Works, Inc. (BBWI) quarterly cash flow statement — complete operating, investing & financing history
Bath & Body Works, Inc. (BBWI) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 72M | 244M | 877M | 80M | -43M | 188M | 955M | -99M | -46M | 76M | 926M | -49M | 33M | 44M | 1.08B | -14M | 15M | 66M | 1.04B | -126M |
| Operating CF Margin % | 4.76% | 17.71% | 32.2% | 5.02% | -2.78% | 13.2% | 34.27% | -6.15% | -3.01% | 5.49% | 31.8% | -3.14% | 2.12% | 3.15% | 37.29% | -0.87% | 0.93% | 4.55% | 34.51% | -7.5% |
| Operating CF Growth % | 267.44% | 29.79% | -8.17% | 180.81% | 6.52% | 147.37% | 3.13% | -102.04% | -239.39% | 72.73% | -14.02% | -250% | 120% | -33.33% | 3.06% | 88.89% | -95.37% | -73.49% | -21.61% | -130% |
| Net Income | 118M | 183M | 403M | 77M | 64M | 105M | 453M | 106M | 152M | 87M | 579M | 119M | 99M | 81M | 434M | 91M | 120M | 155M | 594M | 88M |
| Depreciation & Amortization | 59M | 61M | 0 | 63M | 64M | 64M | 71M | 69M | 71M | 71M | 70M | 70M | 66M | 63M | 59M | 56M | 53M | 53M | 53M | 52M |
| Stock-Based Compensation | 2M | 8M | 0 | 7M | 8M | 10M | 9M | 9M | 10M | 12M | 14M | 11M | 11M | 7M | 12M | 11M | 3M | 12M | 8M | 8M |
| Deferred Taxes | 0 | -62M | 64M | 0 | 0 | 0 | -9M | -1M | -102M | 0 | -128M | 0 | 0 | 0 | 16M | 1M | 0 | -254M | 26M | 3M |
| Other Non-Cash Items | 3M | 5M | 69M | -8M | -1M | 0 | 7M | 0 | -37M | 1M | 2M | -12M | -9M | -7M | 0 | -1M | 0 | 254M | 0 | 90M |
| Working Capital Changes | -110M | 49M | 341M | -59M | -178M | 9M | 424M | -282M | -140M | -95M | 389M | -237M | -134M | -100M | 556M | -172M | -161M | -154M | 364M | -367M |
| Change in Receivables | -56M | 82M | -11M | -39M | -28M | 103M | -6M | -54M | -25M | 103M | -27M | -45M | -7M | 81M | 14M | -58M | -17M | 72M | -3M | -100M |
| Change in Inventory | -102M | -83M | 553M | -275M | -107M | -134M | 444M | -316M | -49M | -105M | 497M | -390M | -46M | -63M | 563M | -302M | -150M | -111M | 440M | -417M |
| Change in Payables | 157M | 34M | -279M | 233M | 143M | 14M | -115M | 132M | 34M | -101M | -226M | 204M | 26M | -113M | -141M | 169M | 113M | -97M | -218M | 174M |
| Cash from Investing | -47M | -42M | -60M | -72M | -56M | -39M | -48M | -74M | 6M | -46M | -47M | -63M | -82M | -94M | -76M | -90M | -74M | -88M | -31M | -60M |
| Capital Expenditures | -49M | -49M | -63M | -81M | -56M | -37M | -60M | -65M | -55M | -46M | -48M | -72M | -85M | -93M | -76M | -91M | -73M | -88M | -29M | -63M |
| CapEx % of Revenue | 3.24% | 3.56% | 2.31% | 5.08% | 3.62% | 2.6% | 2.15% | 4.04% | 3.6% | 3.32% | 1.65% | 4.61% | 5.45% | 6.66% | 2.63% | 5.67% | 4.51% | 6.07% | 0.96% | 3.75% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2M | 7M | 3M | 9M | 0 | -2M | 12M | -9M | 11M | 0 | 1M | 9M | 3M | -1M | 0 | 1M | -1M | 0 | -2M | 3M |
| Cash from Financing | -49M | -335M | -102M | -135M | -174M | -188M | -422M | -150M | -301M | -259M | -206M | -266M | -208M | -135M | -63M | -53M | -140M | -1.31B | -475M | -961M |
| Debt Issued (Net) | 0 | -289M | -3M | -11M | 0 | 0 | -337M | 0 | -92M | -110M | -119M | -161M | -108M | -74M | -9M | -9M | 0 | 0 | -12M | -572M |
| Equity Issued (Net) | 0 | 0 | -57M | -90M | -118M | -136M | -52M | -101M | -152M | -96M | -45M | -51M | -48M | -8M | 4M | -1M | -85M | -1.23B | -418M | -345M |
| Dividends Paid | -40M | -40M | -41M | -41M | -42M | -43M | -43M | -44M | -45M | -45M | -45M | -45M | -46M | -46M | -46M | -46M | -46M | -48M | -39M | -39M |
| Share Repurchases | 0 | 0 | -57M | -90M | -118M | -136M | -52M | -101M | -152M | -96M | -49M | -51M | -48M | -8M | 0 | -1M | -85M | -1.23B | -421M | -350M |
| Other Financing | -9M | -6M | -1M | 7M | -14M | -9M | 10M | -5M | -12M | -8M | 3M | -9M | -6M | -7M | -12M | 3M | -9M | -33M | -6M | -5M |
| Net Change in Cash | -26M | -133M | 717M | -128M | -272M | -38M | 483M | -323M | -341M | -229M | 672M | -378M | -256M | -186M | 937M | -157M | -199M | -1.33B | 538M | -1.15B |
| Free Cash Flow | 23M | 195M | 814M | -1M | -99M | 151M | 895M | -164M | -101M | 30M | 878M | -121M | -52M | -49M | 1B | -105M | -58M | -22M | 1.02B | -189M |
| FCF Margin % | 1.52% | 14.15% | 29.88% | -0.06% | -6.39% | 10.6% | 32.11% | -10.19% | -6.62% | 2.17% | 30.15% | -7.75% | -3.34% | -3.51% | 34.66% | -6.55% | -3.58% | -1.52% | 33.55% | -11.24% |
| FCF Growth % | 123.23% | 29.14% | -9.05% | 99.39% | 1.98% | 403.33% | 1.94% | -35.54% | -94.23% | 161.22% | -12.29% | -15.24% | 10.34% | -122.73% | -1.48% | 44.44% | -127.49% | -111.96% | -22.15% | -154.94% |
| FCF per Share | 0.11 | 0.97 | 3.85 | -0.00 | -0.47 | 0.70 | 4.12 | -0.75 | -0.45 | 0.13 | 3.87 | -0.53 | -0.23 | -0.21 | 4.35 | -0.46 | -0.25 | -0.09 | 3.89 | -0.71 |
| FCF Conversion (FCF/Net Income) | 0.61x | 1.33x | 2.18x | 1.04x | -0.67x | 1.79x | 2.11x | -0.93x | -0.30x | 0.87x | 1.60x | -0.41x | 0.33x | 0.54x | 2.48x | -0.15x | 0.13x | 0.43x | 1.76x | -1.43x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |