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Side-by-side financial comparison of Bath & Body Works, Inc. (BBWI) and PATTERSON UTI ENERGY INC (PTEN). 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 $1.1B, roughly 1.4× PATTERSON UTI ENERGY INC). Bath & Body Works, Inc. runs the higher net margin — 4.8% vs -2.2%, a 7.0% gap on every dollar of revenue. On growth, Bath & Body Works, Inc. posted the faster year-over-year revenue change (-1.0% vs -12.7%). Over the past eight quarters, PATTERSON UTI ENERGY INC's revenue compounded faster (-8.4% CAGR vs -26.0%).

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.

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

BBWI vs PTEN — Head-to-Head

Bigger by revenue
BBWI
BBWI
1.4× larger
BBWI
$1.6B
$1.1B
PTEN
Growing faster (revenue YoY)
BBWI
BBWI
+11.8% gap
BBWI
-1.0%
-12.7%
PTEN
Higher net margin
BBWI
BBWI
7.0% more per $
BBWI
4.8%
-2.2%
PTEN
Faster 2-yr revenue CAGR
PTEN
PTEN
Annualised
PTEN
-8.4%
-26.0%
BBWI

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
BBWI
BBWI
PTEN
PTEN
Revenue
$1.6B
$1.1B
Net Profit
$77.0M
$-24.5M
Gross Margin
41.3%
Operating Margin
10.1%
Net Margin
4.8%
-2.2%
Revenue YoY
-1.0%
-12.7%
Net Profit YoY
-27.4%
-166.1%
EPS (diluted)
$0.37
$-0.06

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
PTEN
PTEN
Q1 26
$1.1B
Q4 25
$1.6B
$1.1B
Q3 25
$1.5B
$1.2B
Q2 25
$1.4B
$1.2B
Q1 25
$2.8B
$1.3B
Q4 24
$1.6B
$1.1B
Q3 24
$1.5B
$1.3B
Q2 24
$1.4B
$1.3B
Net Profit
BBWI
BBWI
PTEN
PTEN
Q1 26
$-24.5M
Q4 25
$77.0M
$-9.2M
Q3 25
$64.0M
$-36.4M
Q2 25
$105.0M
$-49.1M
Q1 25
$453.0M
$1.0M
Q4 24
$106.0M
$-51.4M
Q3 24
$152.0M
$-978.8M
Q2 24
$87.0M
$11.1M
Gross Margin
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
41.3%
Q3 25
41.3%
Q2 25
45.4%
Q1 25
46.7%
Q4 24
43.5%
Q3 24
41.0%
Q2 24
43.8%
Operating Margin
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
10.1%
-0.0%
Q3 25
10.1%
-2.4%
Q2 25
14.7%
-2.4%
Q1 25
24.3%
1.3%
Q4 24
13.5%
-2.7%
Q3 24
12.0%
-73.8%
Q2 24
13.5%
3.4%
Net Margin
BBWI
BBWI
PTEN
PTEN
Q1 26
-2.2%
Q4 25
4.8%
-0.8%
Q3 25
4.1%
-3.1%
Q2 25
7.4%
-4.1%
Q1 25
16.3%
0.1%
Q4 24
6.6%
-4.5%
Q3 24
10.0%
-72.9%
Q2 24
6.3%
0.8%
EPS (diluted)
BBWI
BBWI
PTEN
PTEN
Q1 26
$-0.06
Q4 25
$0.37
$-0.01
Q3 25
$0.30
$-0.10
Q2 25
$0.49
$-0.13
Q1 25
$2.06
$0.00
Q4 24
$0.49
$-0.10
Q3 24
$0.68
$-2.50
Q2 24
$0.38
$0.03

Balance Sheet & Financial Strength

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

Metric
BBWI
BBWI
PTEN
PTEN
Cash + ST InvestmentsLiquidity on hand
$236.0M
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$-1.6B
$3.2B
Total Assets
$5.0B
$5.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
$236.0M
$418.5M
Q3 25
$364.0M
$184.8M
Q2 25
$636.0M
$183.8M
Q1 25
$674.0M
$223.1M
Q4 24
$191.0M
$239.2M
Q3 24
$514.0M
$113.4M
Q2 24
$855.0M
$72.4M
Total Debt
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
$3.9B
$1.2B
Q3 25
$3.9B
$1.2B
Q2 25
$3.9B
$1.2B
Q1 25
$3.9B
$1.2B
Q4 24
$4.2B
$1.2B
Q3 24
$4.2B
$1.2B
Q2 24
$4.3B
$1.2B
Stockholders' Equity
BBWI
BBWI
PTEN
PTEN
Q1 26
$3.2B
Q4 25
$-1.6B
$3.2B
Q3 25
$-1.5B
$3.2B
Q2 25
$-1.5B
$3.3B
Q1 25
$-1.4B
$3.4B
Q4 24
$-1.7B
$3.5B
Q3 24
$-1.7B
$3.6B
Q2 24
$-1.7B
$4.6B
Total Assets
BBWI
BBWI
PTEN
PTEN
Q1 26
$5.4B
Q4 25
$5.0B
$5.6B
Q3 25
$4.8B
$5.5B
Q2 25
$4.9B
$5.6B
Q1 25
$4.9B
$5.8B
Q4 24
$5.0B
$5.8B
Q3 24
$4.9B
$6.0B
Q2 24
$5.2B
$7.0B
Debt / Equity
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
0.38×
Q3 25
0.38×
Q2 25
0.37×
Q1 25
0.36×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.27×

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
PTEN
PTEN
Operating Cash FlowLast quarter
$80.0M
$63.9M
Free Cash FlowOCF − Capex
$-1.0M
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
5.1%
4.9%
Cash ConversionOCF / Net Profit
1.04×
TTM Free Cash FlowTrailing 4 quarters
$946.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBWI
BBWI
PTEN
PTEN
Q1 26
$63.9M
Q4 25
$80.0M
$397.5M
Q3 25
$-43.0M
$215.8M
Q2 25
$188.0M
$139.7M
Q1 25
$955.0M
$208.1M
Q4 24
$-99.0M
$315.8M
Q3 24
$-46.0M
$296.3M
Q2 24
$76.0M
$197.5M
Free Cash Flow
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
$-1.0M
$259.0M
Q3 25
$-99.0M
$71.3M
Q2 25
$151.0M
$-4.5M
Q1 25
$895.0M
$46.3M
Q4 24
$-164.0M
$175.5M
Q3 24
$-101.0M
$115.7M
Q2 24
$30.0M
$67.0M
FCF Margin
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
-0.1%
22.6%
Q3 25
-6.4%
6.1%
Q2 25
10.6%
-0.4%
Q1 25
32.1%
3.7%
Q4 24
-10.2%
15.3%
Q3 24
-6.6%
8.6%
Q2 24
2.2%
5.0%
Capex Intensity
BBWI
BBWI
PTEN
PTEN
Q1 26
4.9%
Q4 25
5.1%
12.1%
Q3 25
3.6%
12.3%
Q2 25
2.6%
11.9%
Q1 25
2.2%
12.8%
Q4 24
4.0%
12.2%
Q3 24
3.6%
13.5%
Q2 24
3.3%
9.8%
Cash Conversion
BBWI
BBWI
PTEN
PTEN
Q1 26
Q4 25
1.04×
Q3 25
-0.67×
Q2 25
1.79×
Q1 25
2.11×
207.11×
Q4 24
-0.93×
Q3 24
-0.30×
Q2 24
0.87×
17.83×

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%

PTEN
PTEN

Segment breakdown not available.

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