VSCO
Victoria's Secret & Co
NYSE: VSCO · CONSUMER CYCLICAL · APPAREL RETAIL
$51.83
+1.87% today
Updated 2026-04-30
Market cap
$4.16B
P/E ratio
26.80
P/S ratio
0.64x
EPS (TTM)
$1.93
Dividend yield
—
52W range
$18 – $67
Volume
2.4M
Victoria's Secret & Co (VSCO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.10B | $7.51B | $5.41B | $6.79B | $6.34B | $6.18B | $6.23B | $6.55B |
| Revenue growth (YoY) | — | -7.3% | -27.9% | +25.3% | -6.5% | -2.6% | +0.8% | +5.2% |
| Cost of revenue | $5.41B | $5.45B | $3.84B | $4.03B | $4.09B | $3.94B | $3.95B | $4.17B |
| Gross profit | $2.69B | $2.06B | $1.57B | $2.76B | $2.26B | $2.24B | $2.28B | $2.39B |
| Gross margin | 33.2% | 27.5% | 29.0% | 40.7% | 35.6% | 36.3% | 36.7% | 36.4% |
| R&D | — | — | — | — | — | — | — | — |
| SG&A | $2.29B | $1.93B | $1.67B | $1.56B | $1.40B | $2.00B | $1.97B | $2.11B |
| Operating income | $400.00M | $-892.00M | $-101.00M | $870.00M | $478.00M | $246.00M | $310.00M | $296.89M |
| Operating margin | 4.9% | -11.9% | -1.9% | 12.8% | 7.5% | 4.0% | 5.0% | 4.5% |
| EBITDA | $818.00M | $-480.00M | $226.00M | $1.17B | $751.00M | $530.00M | $565.00M | $296.89M |
| EBITDA margin | 10.1% | -6.4% | 4.2% | 17.3% | 11.8% | 8.6% | 9.1% | 4.5% |
| EBIT | $393.00M | $-891.00M | $-100.00M | $870.00M | $477.00M | $246.00M | $309.00M | — |
| Interest expense | $2.00M | $8.00M | $6.00M | $27.00M | $60.00M | $99.00M | $86.00M | $70.08M |
| Income tax | $140.00M | $-2.00M | $-34.00M | $196.74M | $79.00M | $31.00M | $52.00M | — |
| Effective tax rate | 35.8% | 0.2% | 32.1% | 23.3% | 18.5% | 22.1% | 24.0% | 0.0% |
| Net income | $251.00M | $-897.00M | $-72.00M | $646.00M | $348.00M | $109.00M | $165.00M | $160.86M |
| Net income growth (YoY) | — | -457.4% | +92.0% | +997.2% | -46.1% | -68.7% | +51.4% | -2.5% |
| Profit margin | 3.1% | -11.9% | -1.3% | 9.5% | 5.5% | 1.8% | 2.6% | 2.5% |