# Victoria's Secret & Co. (VSCO)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $6.16B  
**Price:** $74.24 (-0.96%)

> Victoria's Secret & Co. is a specialty retailer focused on intimate apparel, sleepwear, loungewear, and beauty products. The company operates under the Victoria’s Secret and PINK brands, offering bras, panties, lingerie, pajamas, sport and swim apparel, as well as fragrances, body care, and related accessories for women. Its product assortment is distributed through a network of branded stores and digital channels, serving customers across North America and international markets. Victoria's Secret & Co. positions itself at the intersection of fashion, comfort, and personal care, targeting a broad female customer base with both everyday essentials and more fashion-forward collections. The company uses its online platforms and retail footprint to integrate merchandising, marketing, and customer engagement, reinforcing brand visibility in the global intimate apparel and beauty segments. Founded in 1963 and headquartered in Reynoldsburg, Ohio, Victoria's Secret & Co. today plays a prominent role in the women’s lingerie and beauty retail landscape.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $6.55B | $2.38B | $271M | $161M | — |
| 2025 | $6.23B | $2.28B | $310M | $165M | — |
| 2024 | $6.18B | $2.24B | $246M | $109M | — |
| 2023 | $6.34B | $2.26B | $478M | $348M | — |
| 2022 | $6.79B | $2.76B | $870M | $646M | — |
| 2021 | $5.41B | $1.57B | -$101M | -$72M | — |
| 2020 | $7.51B | $2.06B | -$892M | -$897M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $5.01B | $4.10B | $856M | $518M | $971M |
| 2025 | $4.53B | $3.87B | $640M | $227M | $973M |
| 2024 | $4.60B | $4.16B | $417M | $270M | $1.12B |
| 2023 | $4.71B | $4.31B | $383M | $427M | $1.27B |
| 2022 | $4.34B | $4.09B | $257M | $490M | $978M |
| 2021 | $4.23B | $3.34B | $891M | $335M | $97M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | $499M | $187M | $312M |
| 2025 | $425M | $178M | $247M |
| 2024 | $389M | $256M | $133M |
| 2023 | $437M | $164M | $273M |
| 2022 | $851M | $169M | $682M |
| 2021 | $674M | $127M | $547M |
| 2020 | $315M | $225M | $90M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VSCO)