Bath & Body Works Inc. (BBWI) — Capital Reinvestment Ratio
Bath & Body Works Inc. (BBWI) has a Capital Reinvestment Ratio of 0.68x as of July 2026, meaning it reinvests 1% of its operating cash flow ($72.00 Million) in capital expenditures ($49.00 Million). Check Bath & Body Works Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Bath & Body Works Inc. Capital Reinvestment Ratio (1990–2026)
This chart tracks Bath & Body Works Inc.'s Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Bath & Body Works Inc..
Annual Capital Reinvestment Ratio for Bath & Body Works Inc. (1990–2026)
Year-by-year Capital Reinvestment Ratio for Bath & Body Works Inc. from 1990 to 2026. See BBWI cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.22x | $1.10 Billion | $237.00 Million | ▼ -15.7% |
| 2025 | 0.26x | $886.00 Million | $226.00 Million | ▼ -18.3% |
| 2024 | 0.31x | $954.00 Million | $298.00 Million | ▲ +8.9% |
| 2023 | 0.29x | $1.14 Billion | $328.00 Million | ▲ +58.4% |
| 2022 | 0.18x | $1.49 Billion | $270.00 Million | ▲ +61.8% |
| 2021 | 0.11x | $2.04 Billion | $228.00 Million | ▼ -69.8% |
| 2020 | 0.37x | $1.24 Billion | $458.00 Million | ▼ -18.9% |
| 2019 | 0.46x | $1.38 Billion | $629.00 Million | ▼ -9.2% |
| 2018 | 0.50x | $1.41 Billion | $707.00 Million | ▼ -4.0% |
| 2017 | 0.52x | $1.89 Billion | $990.00 Million | ▲ +34.7% |
| 2016 | 0.39x | $1.87 Billion | $727.00 Million | ▼ -2.8% |
| 2015 | 0.40x | $1.79 Billion | $715.00 Million | ▼ -27.7% |
| 2014 | 0.55x | $1.25 Billion | $691.00 Million | ▲ +27.2% |
| 2013 | 0.44x | $1.35 Billion | $588.00 Million | ▲ +29.3% |
| 2012 | 0.34x | $1.27 Billion | $426.00 Million | ▲ +57.7% |
| 2011 | 0.21x | $1.28 Billion | $274.00 Million | ▲ +24.0% |
| 2010 | 0.17x | $1.17 Billion | $202.00 Million | ▼ -65.7% |
| 2009 | 0.50x | $954.00 Million | $479.00 Million | ▼ -48.7% |
| 2008 | 0.98x | $765.00 Million | $749.00 Million | ▲ +7.2% |
| 2007 | 0.91x | $600.00 Million | $548.00 Million | ▲ +105.7% |
| 2006 | 0.44x | $1.08 Billion | $480.00 Million | ▼ -3.9% |
| 2005 | 0.46x | $933.00 Million | $431.00 Million | ▲ +67.4% |
| 2004 | 0.28x | $1.06 Billion | $293.00 Million | ▼ -28.3% |
| 2003 | 0.38x | $795.00 Million | $306.00 Million | ▲ +10.7% |
| 2002 | 0.35x | $969.00 Million | $337.00 Million | ▼ -40.1% |
| 2001 | 0.58x | $769.10 Million | $446.18 Million | ▼ -9.4% |
| 2000 | 0.64x | $586.33 Million | $375.40 Million | ▲ +5.2% |
| 1999 | 0.61x | $571.00 Million | $347.40 Million | ▼ -11.3% |
| 1998 | 0.69x | $590.00 Million | $404.60 Million | ▲ +19.3% |
| 1997 | 0.57x | $712.10 Million | $409.30 Million | ▼ -45.2% |
| 1996 | 1.05x | $356.70 Million | $374.40 Million | ▲ +18.6% |
| 1995 | 0.89x | $361.10 Million | $319.70 Million | ▲ +34.1% |
| 1994 | 0.66x | $448.10 Million | $295.80 Million | ▲ +15.9% |
| 1993 | 0.57x | $754.10 Million | $429.50 Million | ▼ -48.2% |
| 1992 | 1.10x | $475.60 Million | $523.10 Million | ▲ +8.9% |
| 1991 | 1.01x | $424.50 Million | $428.80 Million | ▲ +28.2% |
| 1990 | 0.79x | $404.20 Million | $318.40 Million | — |