Saturday 17 October 2026 Export VSXY’s income statement to Excel — free account

Victoria's Secret & Co.

Victoria's Secret & Co.’s revenue for fiscal 2026 (year ended January 2026) was $6.6 billion, up 5.18% from fiscal 2025. In the quarter to July 2026, revenue grew 10.4%, EPS grew 990.0%, free cash flow grew 272.7% and total debt fell 7.32%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

87.34 3.19 −3.52%

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Market cap: $7.2B
P/E: 19.1×
Fwd P/E: 15.7×
Dividend yield: —
F-score: 6/9
Altman Z: 2.35
Beneish M: −2.63
Dividend safety: n/a

Overview Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.35

Total sells 212.35

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	3	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	2	2	—	—	—

Insider Ownership 10.78%

Capital & Financial Ratios $m

Market Cap 7,220.00

Revenue 6,912.00

Net Income 413.00

Free Cash Flow 554.00

Net Debt 453.00

Current Ratio 1.36

Debt/Equity 0.93

P/E ratio 19.14

Fwd P/E 15.70

P/S ratio 1.01

P/B ratio 6.65

Past 5Y EPS Growth —

This Y EPS Growth 56.89%

Next Y EPS Growth 19.35%

Next Y revenue growth 9.52%

Next 5Y EPS Growth 28.38%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 77.90%

10-year low 10-year high

P/S against its own 10 years 97.27%

10-year low 10-year high

P/B against its own 10 years 58.31%

10-year low 10-year high

EV/Sales against its own 10 years 96.51%

10-year low 10-year high

EV/FCF against its own 10 years 56.34%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	270	227	518	522
Receivables	152	159	186	171
Inventory	985	955	1,071	1,146
Other	126	100	108	123
	1,533	1,441	1,883	1,962

	2024	2025	2026	Q'26
Payables	513	419	493	489
ST’ Debt	4	4	4	4
Other	—	—	—	—
	1,614	1,375	1,507	1,443

Compound Annual Growth %

	10y	5y	3y
Sales	—	3.90%	1.09%
Cash Flow	—	(5.84%)	4.52%
Earnings	—	0.00%	(22.66%)
Book Value	—	0.42%	31.41%

Revenue $m

	Apr	Jul	Oct	Jan	Year
’26	1,560	1,611	—	—	—
’26	1,353	1,459	1,472	2,269	6,553
’25	1,359	1,417	1,347	2,107	6,230
’24	1,407	1,427	1,265	2,083	6,182
’23	1,484	1,521	1,318	2,021	6,344
’22	1,554	1,614	1,441	2,176	6,785
’21	894	1,066	1,353	2,100	5,413

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Apr	Jul	Oct	Jan	Year
’26	(137)	402	—	—	—
’26	(150)	156	(180)	673	499
’25	(116)	115	(248)	674	425
’24	(108)	89	(181)	589	389
’23	(146)	95	(228)	716	437
’22	102	287	(11)	473	851
’21	(300)	(110)	171	613	674

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Apr	Jul	Oct	Jan	Year
’26	(191)	328	—	—	—
’26	(193)	88	(232)	649	312
’25	(155)	71	(299)	655	272
’24	(163)	0	(261)	557	133
’23	(167)	58	(295)	677	273
’22	83	240	(62)	421	682
’21	(300)	(180)	130	597	547

Fiscal quarters ending in the months shown.

EPS $

	Apr	Jul	Oct	Jan	Year
’26	0.67	2.18	—	—	—
’26	(0.02)	0.20	(0.46)	2.14	1.93
’25	(0.05)	0.40	(0.71)	2.33	2.05
’24	0.01	(0.01)	(0.92)	2.29	1.39
’23	0.93	0.83	0.29	2.10	4.14
’22	1.98	1.71	0.81	2.70	7.18
’21	(3.23)	(2.26)	1.63	—	(0.82)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	—	—	—	—	39.79	26.14	13.62	15.12	13.76	41.99	Analyst estimates 2027–2029 Powerpack
	High	—	—	—	—	76.00	65.20	47.22	48.73	56.95	102.46
People
People	Employees	—	—	—	—	11,400	—	31,000	30,000	31,000	33,000
	Revenue/emp, $m	—	—	0.00	0.00	0.47	0.00	0.20	0.21	0.20	0.20
Income, $m
Income, $m	Revenue	—	—	8,103	7,509	5,413	6,785	6,344	6,182	6,230	6,553
	Gross margin, %	—	—	33.19	27.47	29.02	40.68	35.59	36.27	36.66	36.38
	EBT	—	—	391	(899)	(106)	843	417	147	221	208
	EBT margin, %	—	—	4.83	(11.97)	(1.96)	12.42	6.57	2.38	3.55	3.17
	Net income	—	0	251	(897)	(72)	646	338	116	169	189
	Depreciation	—	—	425	1,131	326	303	274	313	258	238
Per share, $
Per share, $	Revenue	—	—	87.13	85.33	61.51	77.10	77.37	79.26	78.86	81.91
	Earnings	—	—	2.71	(10.19)	(0.82)	7.18	4.14	1.39	2.05	1.93
	Cash flow	—	—	7.51	3.58	7.66	9.67	5.33	4.99	5.38	6.24
	Capex	—	—	0.00	(2.56)	(1.44)	(1.92)	(2.00)	(3.28)	(1.94)	(2.34)
	Free cash flow	—	—	7.51	1.02	6.22	7.75	3.33	1.71	3.44	3.90
	Book value	—	—	0.00	0.00	10.13	2.92	4.89	5.62	8.41	11.38
	Shares, m	—	—	93	88	88	88	82	78	79	80
Valuation, ×
Valuation, ×	P/E	—	—	9.65	9.65	9.65	7.76	10.16	19.06	18.46	30.99
	P/S	—	—	0.62	0.62	0.62	0.72	0.54	0.33	0.46	0.70
	P/B	—	—	3.71	3.71	3.71	19.12	8.62	4.64	4.33	5.07
	EV/Sales	—	—	0.64	0.64	0.64	0.80	0.68	0.47	0.58	0.77
	EV/FCF	—	—	6.14	6.14	6.14	7.93	15.77	21.70	13.32	16.25
Cash, $m
Cash, $m	Operating cash flow	—	—	698	315	674	851	437	389	425	499
	Capex	—	—	(341)	(225)	(127)	(169)	(164)	(256)	(153)	(187)
	Free cash flow	—	—	698	90	547	682	273	133	272	312
Balance, $m
Balance, $m	Working capital	—	—	—	(82)	(317)	(7)	158	(81)	66	376
	Total debt	—	—	—	2,660	524	982	1,275	1,124	977	975
	Net debt	—	—	—	2,415	189	492	848	854	750	457
	Shareholders’ equity	—	—	—	—	891	257	401	438	664	910
Returns, %
Returns, %	ROA	—	—	0.00	0.00	(3.41)	15.07	7.69	2.34	3.61	3.37
	ROIC	—	—	—	(23.08)	(5.84)	72.60	23.92	11.90	13.70	12.39
	ROE	—	—	0.00	(81.43)	(6.54)	112.54	105.78	25.98	29.95	20.46

Negative figures in brackets.

All 10 years →

Fiscal years to Jan 2026 · latest quarter Jul 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BURL Burlington Stores, Inc.	$16.8B	23.6×	27.4×	+10.99% (above 0%: growing)	+95.92% (above 0%: growing)	+31.74% (above 0%: growing)	46.24%	8.51%	Compare
LULU lululemon athletica inc.	$11.5B	8.0×	10.2×	−4.34% (below 0%: shrinking)	−5.81% (below 0%: shrinking)	+49.33% (above 0%: growing)	60.52%	18.78%	Compare
GAP The Gap, Inc.	$8.2B	6.8×	8.1×	−1.99% (below 0%: shrinking)	+143.10% (above 0%: growing)	−47.71% (below 0%: shrinking)	52.83%	18.52%	Compare
URBN Urban Outfitters, Inc.	$7.5B	13.3×	11.7×	+10.44% (above 0%: growing)	+75.63% (above 0%: growing)	+92.47% (above 0%: growing)	43.42%	17.37%	Compare
VSXY Victoria's Secret & Co.	$7.2B	19.1×	15.7×	+10.42% (above 0%: growing)	+990.00% (above 0%: growing)	+272.73% (above 0%: growing)	47.11%	15.95%
ANF Abercrombie & Fitch Company	$6.5B	12.9×	7.1×	+4.81% (above 0%: growing)	+41.41% (above 0%: growing)	+296.59% (above 0%: growing)	71.10%	19.95%	Compare
BOOT Boot Barn Holdings, Inc.	$3.7B	15.3×	19.6×	+17.75% (above 0%: growing)	+32.00% (above 0%: growing)	−22.73% (below 0%: shrinking)	40.42%	15.25%	Compare
AEO American Eagle Outfitters, Inc.	$3.0B	9.0×	9.6×	+7.53% (above 0%: growing)	+77.78% (above 0%: growing)	+367.29% (above 0%: growing)	48.69%	15.32%	Compare
BKE Buckle, Inc. (The)	$2.4B	10.6×	10.5×	+4.60% (above 0%: growing)	−2.22% (below 0%: shrinking)	−63.66% (below 0%: shrinking)	47.85%	17.45%	Compare
Median of peers	$7.0B	11.8×	10.4×	+6.17%	+58.52%	+40.54%	48.27%	17.41%

All 32 Apparel Retail stocks →

Victoria's Secret & Co. (VSXY) key facts

Strength: Victoria's Secret & Co.’s revenue for fiscal 2026 (year ended January 2026) was $6.6 billion, up 5.18% from fiscal 2025.
Victoria's Secret & Co. (VSXY) is an Apparel Retail company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, VSXY traded at $87.34, a market capitalization of $7.2 billion.
Return on equity was 20.5% and debt-to-equity 0.93.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.35 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.