# Victoria's Secret & Co. (VSXY)

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

> Victoria's Secret & Co. is a specialty retail company focused on lingerie, apparel, and beauty products for women. The company offers a wide range of bras, panties, lingerie, sleepwear, loungewear, and sport-focused apparel, complemented by beauty and personal care items such as fragrances and body care products. Its merchandise is distributed through a combination of branded retail stores, e-commerce platforms, and international partner-operated locations, allowing it to reach consumers in multiple regions and channels. Victoria's Secret & Co. emphasizes product design, fit, and brand-driven marketing to maintain its position in the intimate apparel and beauty segments. Founded in 1963 and headquartered in Reynoldsburg, Ohio, the company today plays a prominent role in the global women’s intimates and lifestyle market, serving a broad customer base seeking fashion-oriented and functional products across everyday wear, athleisure, and beauty categories.

## 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/VSXY)