Victoria's Secret & Co. (VSXY)

NYSE: VSXY · Real-Time Price · USD

89.70

+4.38 (5.13%)

Jul 28, 2026, 12:20 PM EDT - Market open

Victoria's Secret & Co. Financials Overview

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 2, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Revenue	6,773	6,553	6,230	6,182	6,344	6,785
Revenue Growth	8.12%	5.18%	0.78%	-2.55%	-6.50%	25.35%
Gross Profit	2,512	2,384	2,284	2,242	2,258	2,760
Operating Income	-19	271	310	246	478	870
Net Income	-37	161	165	109	348	646
Earnings Per Share	1.85	1.93	2.05	1.39	4.14	7.18
EPS Growth	2.78%	-5.85%	47.48%	-66.42%	-42.32%	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 2, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
North America Sales	3,626	3,544	3,427	3,480	3,910	4,194
Direct Sales	2,078	2,042	2,042	2,015	1,843	2,114
International Sales	1,056	967	760.1	686.8	591.8	476.2
Revenue (Total)	6,773	6,553	6,230	6,182	6,344	6,785

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 2, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Cash & Investments	207	518	227	270	427	490
Total Debt	2,851	2,846	2,698	2,703	2,786	2,636
Net Cash (Debt)	-2,644	-2,328	-2,471	-2,433	-2,359	-2,146
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-31.66	-28.05	-30.51	-30.80	-28.08	-23.84

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 2, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Operating Cash Flow	176	499	425	389	437	851
Capital Expenditures	-182	-187	-178	-256	-164	-169
Free Cash Flow	-6	312	247	133	273	682
Free Cash Flow Growth	-	26.32%	85.71%	-51.28%	-59.97%	24.68%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 2, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Gross Margin	37.09%	36.38%	36.66%	36.27%	35.59%	40.68%
Operating Margin	-0.28%	4.14%	4.98%	3.98%	7.53%	12.82%
Pretax Margin	-0.55%	3.17%	3.55%	2.38%	6.57%	12.42%
Profit Margin	-0.46%	2.88%	2.71%	1.88%	5.33%	9.52%
FCF Margin	-0.09%	4.76%	3.96%	2.15%	4.30%	10.05%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 28, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
PE Ratio	36.15	28.24	17.74	19.44	9.44	7.76
Forward PE	18.60	19.41	13.75	11.13	8.75	8.64
P/FCF Ratio	21.60	13.98	11.63	15.85	11.46	6.94
PS Ratio	1.00	0.67	0.46	0.34	0.49	0.70