vs

Side-by-side financial comparison of Bath & Body Works, Inc. (BBWI) and DANA Inc (DAN). Click either name above to swap in a different company.

Bath & Body Works, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.3B, roughly 1.2× DANA Inc). Bath & Body Works, Inc. runs the higher net margin — 4.8% vs -3.9%, a 8.7% gap on every dollar of revenue. On growth, Bath & Body Works, Inc. posted the faster year-over-year revenue change (-1.0% vs -44.5%). DANA Inc produced more free cash flow last quarter ($345.0M vs $-1.0M). Over the past eight quarters, Bath & Body Works, Inc.'s revenue compounded faster (-26.0% CAGR vs -31.2%).

Bath & Body Works, Inc. is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.

Dana Incorporated is an American supplier of axles, driveshafts, and electrodynamic, thermal, sealing, and digital equipment for conventional, hybrid, and electric-powered vehicles. The company's products and services are aimed at the light vehicle and commercial vehicle equipment markets. Founded in 1904 and based in Maumee, Ohio, the company employs nearly 28,000 people in 33 countries. In 2022, Dana generated sales of $10.2 billion. The company is included in the Fortune 500.

BBWI vs DAN — Head-to-Head

Bigger by revenue
BBWI
BBWI
1.2× larger
BBWI
$1.6B
$1.3B
DAN
Growing faster (revenue YoY)
BBWI
BBWI
+43.5% gap
BBWI
-1.0%
-44.5%
DAN
Higher net margin
BBWI
BBWI
8.7% more per $
BBWI
4.8%
-3.9%
DAN
More free cash flow
DAN
DAN
$346.0M more FCF
DAN
$345.0M
$-1.0M
BBWI
Faster 2-yr revenue CAGR
BBWI
BBWI
Annualised
BBWI
-26.0%
-31.2%
DAN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
BBWI
BBWI
DAN
DAN
Revenue
$1.6B
$1.3B
Net Profit
$77.0M
$-50.0M
Gross Margin
41.3%
6.0%
Operating Margin
10.1%
-0.2%
Net Margin
4.8%
-3.9%
Revenue YoY
-1.0%
-44.5%
Net Profit YoY
-27.4%
37.5%
EPS (diluted)
$0.37
$-0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BBWI
BBWI
DAN
DAN
Q4 25
$1.6B
$1.3B
Q3 25
$1.5B
$1.9B
Q2 25
$1.4B
$1.9B
Q1 25
$2.8B
$2.4B
Q4 24
$1.6B
$2.3B
Q3 24
$1.5B
$2.5B
Q2 24
$1.4B
$2.7B
Q1 24
$2.9B
$2.7B
Net Profit
BBWI
BBWI
DAN
DAN
Q4 25
$77.0M
$-50.0M
Q3 25
$64.0M
$83.0M
Q2 25
$105.0M
$27.0M
Q1 25
$453.0M
$25.0M
Q4 24
$106.0M
$-80.0M
Q3 24
$152.0M
$4.0M
Q2 24
$87.0M
$16.0M
Q1 24
$579.0M
$3.0M
Gross Margin
BBWI
BBWI
DAN
DAN
Q4 25
41.3%
6.0%
Q3 25
41.3%
8.7%
Q2 25
45.4%
7.1%
Q1 25
46.7%
9.4%
Q4 24
43.5%
5.7%
Q3 24
41.0%
9.9%
Q2 24
43.8%
9.3%
Q1 24
45.9%
8.9%
Operating Margin
BBWI
BBWI
DAN
DAN
Q4 25
10.1%
-0.2%
Q3 25
10.1%
2.8%
Q2 25
14.7%
0.8%
Q1 25
24.3%
3.1%
Q4 24
13.5%
-1.5%
Q3 24
12.0%
3.6%
Q2 24
13.5%
3.8%
Q1 24
23.9%
2.6%
Net Margin
BBWI
BBWI
DAN
DAN
Q4 25
4.8%
-3.9%
Q3 25
4.1%
4.3%
Q2 25
7.4%
1.4%
Q1 25
16.3%
1.1%
Q4 24
6.6%
-3.4%
Q3 24
10.0%
0.2%
Q2 24
6.3%
0.6%
Q1 24
19.9%
0.1%
EPS (diluted)
BBWI
BBWI
DAN
DAN
Q4 25
$0.37
$-0.36
Q3 25
$0.30
$0.64
Q2 25
$0.49
$0.19
Q1 25
$2.06
$0.17
Q4 24
$0.49
$-0.55
Q3 24
$0.68
$0.03
Q2 24
$0.38
$0.11
Q1 24
$2.54
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBWI
BBWI
DAN
DAN
Cash + ST InvestmentsLiquidity on hand
$236.0M
$469.0M
Total DebtLower is stronger
$3.9B
$2.6B
Stockholders' EquityBook value
$-1.6B
$840.0M
Total Assets
$5.0B
$7.8B
Debt / EquityLower = less leverage
3.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBWI
BBWI
DAN
DAN
Q4 25
$236.0M
$469.0M
Q3 25
$364.0M
$414.0M
Q2 25
$636.0M
$486.0M
Q1 25
$674.0M
$507.0M
Q4 24
$191.0M
$494.0M
Q3 24
$514.0M
$419.0M
Q2 24
$855.0M
$419.0M
Q1 24
$1.1B
$351.0M
Total Debt
BBWI
BBWI
DAN
DAN
Q4 25
$3.9B
$2.6B
Q3 25
$3.9B
$2.6B
Q2 25
$3.9B
$2.6B
Q1 25
$3.9B
$2.4B
Q4 24
$4.2B
$2.4B
Q3 24
$4.2B
$2.4B
Q2 24
$4.3B
$2.4B
Q1 24
$4.4B
$2.6B
Stockholders' Equity
BBWI
BBWI
DAN
DAN
Q4 25
$-1.6B
$840.0M
Q3 25
$-1.5B
$1.1B
Q2 25
$-1.5B
$1.2B
Q1 25
$-1.4B
$1.4B
Q4 24
$-1.7B
$1.3B
Q3 24
$-1.7B
$1.5B
Q2 24
$-1.7B
$1.5B
Q1 24
$-1.6B
$1.5B
Total Assets
BBWI
BBWI
DAN
DAN
Q4 25
$5.0B
$7.8B
Q3 25
$4.8B
$8.1B
Q2 25
$4.9B
$8.1B
Q1 25
$4.9B
$7.8B
Q4 24
$5.0B
$7.5B
Q3 24
$4.9B
$7.9B
Q2 24
$5.2B
$7.8B
Q1 24
$5.5B
$7.9B
Debt / Equity
BBWI
BBWI
DAN
DAN
Q4 25
3.05×
Q3 25
2.35×
Q2 25
2.13×
Q1 25
1.76×
Q4 24
1.79×
Q3 24
1.65×
Q2 24
1.62×
Q1 24
1.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBWI
BBWI
DAN
DAN
Operating Cash FlowLast quarter
$80.0M
$406.0M
Free Cash FlowOCF − Capex
$-1.0M
$345.0M
FCF MarginFCF / Revenue
-0.1%
26.6%
Capex IntensityCapex / Revenue
5.1%
4.7%
Cash ConversionOCF / Net Profit
1.04×
TTM Free Cash FlowTrailing 4 quarters
$946.0M
$298.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBWI
BBWI
DAN
DAN
Q4 25
$80.0M
$406.0M
Q3 25
$-43.0M
$111.0M
Q2 25
$188.0M
$32.0M
Q1 25
$955.0M
$-37.0M
Q4 24
$-99.0M
$302.0M
Q3 24
$-46.0M
$35.0M
Q2 24
$76.0M
$215.0M
Q1 24
$926.0M
$-102.0M
Free Cash Flow
BBWI
BBWI
DAN
DAN
Q4 25
$-1.0M
$345.0M
Q3 25
$-99.0M
$62.0M
Q2 25
$151.0M
$3.0M
Q1 25
$895.0M
$-112.0M
Q4 24
$-164.0M
$149.0M
Q3 24
$-101.0M
$-11.0M
Q2 24
$30.0M
$104.0M
Q1 24
$878.0M
$-172.0M
FCF Margin
BBWI
BBWI
DAN
DAN
Q4 25
-0.1%
26.6%
Q3 25
-6.4%
3.2%
Q2 25
10.6%
0.2%
Q1 25
32.1%
-4.8%
Q4 24
-10.2%
6.4%
Q3 24
-6.6%
-0.4%
Q2 24
2.2%
3.8%
Q1 24
30.2%
-6.3%
Capex Intensity
BBWI
BBWI
DAN
DAN
Q4 25
5.1%
4.7%
Q3 25
3.6%
2.6%
Q2 25
2.6%
1.5%
Q1 25
2.2%
3.2%
Q4 24
4.0%
6.6%
Q3 24
3.6%
1.9%
Q2 24
3.3%
4.1%
Q1 24
1.6%
2.6%
Cash Conversion
BBWI
BBWI
DAN
DAN
Q4 25
1.04×
Q3 25
-0.67×
1.34×
Q2 25
1.79×
1.19×
Q1 25
2.11×
-1.48×
Q4 24
-0.93×
Q3 24
-0.30×
8.75×
Q2 24
0.87×
13.44×
Q1 24
1.60×
-34.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBWI
BBWI

Bath Body Works Stores$1.2B77%
Bath Body Works Direct$299.0M19%
Bath Body Works International$73.0M5%

DAN
DAN

Light Vehicle Segment$912.0M70%
Commercial Vehicle Segment$218.0M17%
Other$166.0M13%

Related Comparisons