ROST vs VSXY: Ross Stores and Victoria's Secret & Co. compared
Ross Stores is the larger company, worth $73.9B, about 8.5 times Victoria's Secret & Co..
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Ross Stores is the larger company, worth $73.9B, about 8.5 times Victoria's Secret & Co..
- Ross Stores grew revenue faster over the last year (+14.0% vs +10.3%).
- Ross Stores keeps more of each dollar of revenue as operating profit (13.8% vs 7.9%).
- On earnings, Victoria's Secret & Co. is the cheaper stock (24.1x vs 28.0x).
- Ross Stores's price assumes faster free cash flow growth: about 12% a year, against 9% for Victoria's Secret & Co. (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | ROST | VSXY |
|---|---|---|
| Market cap | $73.9B | $8.6B |
| Share price | $231.09 | $108.05 |
| Revenue (last fiscal year) | $22.8B | $6.6B |
| Free cash flow (last fiscal year) | $2.2B | $312M |
| Revenue growth, last year | +14.0% | +10.3% |
| Revenue growth per year, last 5 fiscal years | +4.7% | -0.9% |
| Operating margin | 13.8% | 7.9% |
| Net margin | 10.8% | 5.5% |
| Return on equity | 39.4% | 38.2% |
| P/E (trailing) | 28.0x | 24.1x |
| Price / free cash flow | 26.5x | 15.6x |
| EV / EBITDA | 17.5x | 11.8x |
| FCF growth the price implies | 11.7% | 9.3% |
| Dividend yield | 0.74% | — |
| Debt / equity | 0.15x | 0.98x |
| Fundamental grade | C | C |
| Superinvestors holding it | 29 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Ross Stores
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $18.9B | $1.2B | 11.9% |
| 2023 | $18.7B | $1.0B | 10.6% |
| 2024 | $20.4B | $1.8B | 11.3% |
| 2025 | $21.1B | $1.6B | 12.2% |
| 2026 | $22.8B | $2.2B | 11.9% |
Victoria's Secret & Co.
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $6.8B | $682M | 12.8% |
| 2023 | $6.3B | $273M | 7.5% |
| 2024 | $6.2B | $133M | 4.0% |
| 2025 | $6.2B | $247M | 5.0% |
| 2026 | $6.6B | $312M | 4.1% |
Where the revenue comes from
Ross Stores
No segment breakdown reported.
Victoria's Secret & Co. · by regions, 2026
Questions
Which is bigger, Ross Stores or Victoria's Secret & Co.?
Ross Stores (ROST), at $73.9B against $8.6B.
Is ROST or VSXY cheaper?
By trailing P/E, Victoria's Secret & Co. (24.1x) is cheaper than Ross Stores (28.0x). A lower multiple can also mean the market expects less growth.
Which grows faster, ROST or VSXY?
Ross Stores: revenue grew +14.0% over the last year, against +10.3%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.