VSCO - NYSE

Victoria's Secret & Co.

VSCO·NYSE

$74.66

+0.094%

Consumer CyclicalApparel - Retail

Victoria's Secret & Co. operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and swimwear, as well as fragrances and body care products, and accessories under the Victoria's Secret and PINK brands. As of March 2, 2022, it operated approximately 1,400 retail stores. The company was incorporated in 2021 and is headquartered in Reynoldsburg, Ohio.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$5.93B

EPS1.9300

P/E Ratio38.68

Earnings Date06/03/2026

5.01B

Assets

11%

3Y+6.0%

5Y+19.0%

10Y-5.0%

4.10B

Total Liabilities

3Y-5.0%

5Y+23.0%

10Y+4.0%

910.00M

Total Equity

37%

3Y+127.0%

5Y+2.0%

10Y-31.0%

Victoria's Secret & Co. Funding & Solvency Profile

VSCO · NYSE

Current Assets

Cash & Cash Equivalents518.00M

Net Receivables186.00M

Inventory1.07B

Other Current Assets108.00M

Total Current Assets2 B

Non-Current Assets

Property, Plant & Equipment2.36B

Goodwill & Intangible Assets613.00M

Long-Term Investments53.00M

Other Non-Current Assets37.00M

Total Non-Current Assets2 B

Total Assets

5.01B

Financial Health Analysis

Current Ratio

1.25x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

4.51x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

376 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

38% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Victoria's Secret & Co. Balance Sheet

VSCO • NYSE

Victoria's Secret & Co. Balance Sheet	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	518M	227M	270M	427M	490M	335M	245M
Cash & Short-Term Investments	518M	227M	270M	427M	490M	335M	245M
Net Receivables	186M	159M	152M	141M	162M	121M	157M
Accounts Receivables	186M	159M	152M	141M	162M	121M	157M
Inventory	1.1B	955M	985M	1.1B	949M	701M	855M
Prepaids	0.0	0.0	0.0	0.0	0.0	26M	49M
Other Current Assets	108M	100M	126M	117M	90M	56M	52M
Total Current Assets	1.9B	1.4B	1.5B	1.7B	1.7B	1.2B	1.4B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	2.4B	2.3B	2.2B	2.1B	2.3B	2.7B	3.6B
Goodwill	367M	367M	367M	365M	0.0	0.0	0.0
Intangible Assets	246M	376M	400M	426M	246M	246M	246M
Goodwill & Intangible Assets	613M	743M	767M	791M	246M	246M	246M
Long-Term Investments	53M	47M	60M	56M	35M	35M	38M
Tax Assets	65M	22M	20M	18M	17M	20M	25M
Other Non-Current Assets	37M	24M	26M	31M	29M	21M	40M
Total Non-Current Assets	3.1B	3.1B	3.1B	3B	2.7B	3B	3.9B
Total Assets	5B	4.5B	4.6B	4.7B	4.3B	4.2B	5.3B
LIABILITIES
CURRENT LIABILITIES
Total Payables	535M	631M	533M	673M	640M	571M	587M
Accounts Payable	493M	419M	513M	481M	538M	338M	384M
Other Payables	42M	212M	20M	192M	102M	233M	203M
Accrued Expenses	0.0	150M	135M	105M	152M	107M	58M
Short Term Debt	299M	4M	4M	4M	4M	0.0	61M
Capital Lease Obligations (Current)	0.0	287M	267M	310M	340M	421M	341M
Tax Payables	42M	212M	20M	87M	126M	60M	74M
Deferred Revenue	0.0	256M	295M	291M	250M	246M	238M
Other Current Liabilities	673M	47M	380M	388M	312M	211M	155M
Total Current Liabilities	1.5B	1.4B	1.6B	1.6B	1.7B	1.6B	1.4B
NON-CURRENT LIABILITIES
Long Term Debt	971M	973M	1.1B	1.3B	978M	97M	92M
Deferred Revenue (Non-Current)	9M	0.0	15M	18M	8M	0.0	0.0
Deferred Tax Liabilities (Non-Current)	5M	11M	37M	53M	58M	19M	89M
Other Non-Current Liabilities	35M	75M	64M	188M	31M	113M	177M
Total Non-Current Liabilities	2.6B	2.5B	2.5B	2.7B	2.4B	1.8B	2.5B
Capital Lease Obligations	1.6B	1.7B	1.6B	1.5B	1.7B	2B	2.5B
Total Liabilities	4.1B	3.9B	4.2B	4.3B	4.1B	3.3B	4B
SHAREHOLDERS' EQUITY
Common Stock	1M	1M	1M	1M	1M	887M	1.3B
Additional Paid-In Capital	345M	297M	238M	195M	125M	0.0	0.0
Retained Earnings	504M	343M	178M	186M	126M	0.0	0.0
Accumulated Other Comprehensive Income/Loss	6M	-1M	0.0	1M	5M	4M	-29M
Total Stockholders' Equity	856M	640M	417M	383M	257M	891M	1.3B
Total Equity	910M	664M	438M	401M	257M	891M	1.3B
Minority Interest	54M	24M	21M	18M	0.0	0.0	2M
SUMMARY
Total Liabilities & Equity	5B	4.5B	4.6B	4.7B	4.3B	4.2B	5.3B
Total Investments	53M	47M	60M	56M	35M	35M	38M
Total Debt	2.8B	2.7B	2.7B	2.8B	2.6B	2.1B	2.7B
Net Debt	2.3B	2.5B	2.4B	2.4B	2.1B	1.7B	2.4B
Shares Outstanding	79,999,488	79,999,488	79,999,488	79,999,488	79,999,488	79,999,488	79,999,488

SEC Filings

VSCO - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 21, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 11, 2026	May 10, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	May 01, 2026	June 11, 2026	2026	View Filing
10-K 10-K 2026 FY FY	March 20, 2026	January 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 05, 2026	March 05, 2026	2026	View Filing
10-Q 10-Q 2025 Q4 Q4	December 05, 2025	November 01, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 05, 2025	December 05, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	September 05, 2025	August 02, 2025	2025	View Filing
8-K 8-K 2025 N/A	August 28, 2025	August 28, 2025	2025	View Filing

Showing 1 to 10 of 71 filings

Related Guides

Blog Categories

Continue your VSCO research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.