Victoria's Secret & Co.

VSXY Consumer Cyclical Apparel Retail

Victoria's Secret & Co.’s revenue for fiscal 2026 (year ended January 2026) was $6.6 billion, up 5.18% from fiscal 2025.

Revenue
+10.4%
EPS
+990.0%
Free cash flow
+272.7%
Total debt
−7.32%

Quarter to July 2026, against a year earlier

106.56 2.39 −2.19%
Market cap
$8.5B
P/E
23.9×
Fwd P/E
18.9×
Dividend yield
—
F-score
6/9
Altman Z
2.35
Beneish M
−2.63
Dividend safety
n/a

Victoria's Secret & Co. (VSXY) Debt to equity

Alert me on Debt to equity

Victoria's Secret & Co.'s debt to equity at the end of the quarter to 31 July 2026 was 0.9×, down 0.1× from fiscal 2026 (1.1×). Over the past ten years it has ranged from 0.0× (fiscal 2020) to 3.8× (fiscal 2022); the current reading is higher than 43% of that period. That is above the Apparel Retail industry median of 0.0× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 1.1× (27.18%)
FY2025 1.5× (42.66%)
FY2024 2.6× (19.29%)
FY2023 3.2× (16.79%)
FY2022 3.8× 549.72%
FY2021 0.6× —
FY2020 0.0× —

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.9× (20.82%)
Apr 2026 1.2× 9.35%
Jan 2026 1.1× (45.36%)
Oct 2025 2.0× 32.33%
23 more quarters

Against its own ten years

Low 0.0× High 3.8×
Ten-year median 1.5×
Current reading's percentile 43

Debt to equity against peers

Company Debt to equity
BKE Buckle, Inc. (The) compare 0.0×
BOOT Boot Barn Holdings, Inc. compare 0.0×
LULU lululemon athletica inc. compare 0.0×
ANF Abercrombie & Fitch Company compare 0.0×
URBN Urban Outfitters, Inc. compare 0.0×
AEO American Eagle Outfitters, Inc. compare 0.0×
GAP The Gap, Inc. compare 0.4×
VSXY Victoria's Secret & Co. 0.9×
BURL Burlington Stores, Inc. compare 1.0×
Apparel Retail industry median 0.0×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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