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Bath & Body Works vs Star: revenue, profit, margins and growth compared

Bath & Body Works brought in $7.3B of revenue in fiscal 2025, Star $1.8B in fiscal 2025. Revenue changed by -0.2% at Bath & Body Works and +1.0% at Star on the year before, so Star grew faster. Bath & Body Works kept 8.9% of its revenue as net profit, Star 4.1%. Free cash flow was $865M at Bath & Body Works and $56M at Star.

Side by side, latest fiscal year

BBWISGU
Fiscal year endedFY2025 (January 31, 2026)FY2025 (September 30, 2025)
Revenue$7.3B$1.8B
Revenue growth-0.2%+1.0%
Net income$649M$73.5M
Net margin8.9%4.1%
Free cash flow$865M$56M
Free cash flow margin11.9%3.1%
Earnings per share (diluted)$3.11n/a
Cash$953M$24.7M
Debt$3.9B$188.1M
Price to earnings5.3n/a
Market value$3.3B$421M
Dividend yield4.86%n/a
Rank by revenue in sector#150 of 778 · Consumer discretionary#372 of 778 · Consumer discretionary

Over the years

Revenue
BBWI FY2018: $13.2BBBWI FY2020: $5.4BBBWI FY2020: $6.4BBBWI FY2021: $7.9BBBWI FY2022: $7.6BBBWI FY2023: $7.4BBBWI FY2024: $7.3BBBWI FY2025: $7.3BSGU FY2018: $1.7BSGU FY2019: $1.8BSGU FY2020: $1.5BSGU FY2021: $1.5BSGU FY2022: $2BSGU FY2023: $2BSGU FY2024: $1.8BSGU FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
BBWI $7.3BSGU $1.8B
Net income
BBWI FY2018: $644MBBWI FY2020: -$366MBBWI FY2020: $844MBBWI FY2021: $1.3BBBWI FY2022: $800MBBWI FY2023: $878MBBWI FY2024: $798MBBWI FY2025: $649MSGU FY2018: $55.5MSGU FY2019: $17.6MSGU FY2020: $55.9MSGU FY2021: $87.7MSGU FY2022: $35.3MSGU FY2023: $31.9MSGU FY2024: $35.2MSGU FY2025: $73.5MFY18FY19FY20FY21FY22FY23FY24FY25
BBWI $649MSGU $73.5M
Net margin
BBWI FY2018: 4.9%BBWI FY2020: -6.8%BBWI FY2020: 13.1%BBWI FY2021: 16.9%BBWI FY2022: 10.6%BBWI FY2023: 11.8%BBWI FY2024: 10.9%BBWI FY2025: 8.9%SGU FY2018: 3.3%SGU FY2019: 1.0%SGU FY2020: 3.8%SGU FY2021: 5.9%SGU FY2022: 1.8%SGU FY2023: 1.6%SGU FY2024: 2.0%SGU FY2025: 4.1%FY18FY19FY20FY21FY22FY23FY24FY25
BBWI 8.9%SGU 4.1%
Revenue growth
BBWI FY2020: -59.2%BBWI FY2020: +19.0%BBWI FY2021: +22.5%BBWI FY2022: -4.1%BBWI FY2023: -1.7%BBWI FY2024: -1.6%BBWI FY2025: -0.2%SGU FY2019: +4.5%SGU FY2020: -16.3%SGU FY2021: +2.0%SGU FY2022: +34.0%SGU FY2023: -2.7%SGU FY2024: -9.6%SGU FY2025: +1.0%FY19FY20FY21FY22FY23FY24FY25
BBWI -0.2%SGU +1.0%
Free cash flow
BBWI FY2018: $748MBBWI FY2020: $778MBBWI FY2020: $1.8BBBWI FY2021: $1.2BBBWI FY2022: $816MBBWI FY2023: $656MBBWI FY2024: $660MBBWI FY2025: $865MSGU FY2018: $43.9MSGU FY2019: $86.1MSGU FY2020: $161.5MSGU FY2021: $53.8MSGU FY2022: $15.2MSGU FY2023: $114.6MSGU FY2024: $100.3MSGU FY2025: $56MFY18FY19FY20FY21FY22FY23FY24FY25
BBWI $865MSGU $56M

Fiscal years as each company reports them; the two may end in different months.

Questions about Bath & Body Works and Star

Which is bigger by revenue, Bath & Body Works or Star?

Bath & Body Works is bigger by revenue: $7.3B in fiscal 2025, against $1.8B for Star in fiscal 2025.

Which keeps more of its revenue as profit, Bath & Body Works or Star?

Bath & Body Works had a net margin of 8.9% in fiscal 2025; Star had 4.1% in fiscal 2025.

Which grew revenue faster, Bath & Body Works or Star?

In their latest fiscal years revenue changed by -0.2% at Bath & Body Works and +1.0% at Star.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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