Victoria's Secret & Co. (VSXY) Stock
Victoria's Secret & Co.'s price implies about 9% free cash flow growth a year.
Key numbers
- P/E (trailing)
- 24.1x
- P/E (forward)
- 20.0x
- EV / EBITDA
- 11.8x
- Revenue growth
- +10.3%
- Operating margin
- 7.9%
- Debt / equity
- 0.98x
What Victoria's Secret & Co.'s price implies
From a reverse DCF on Victoria's Secret & Co.'s SEC filings.
- Free cash flow, last 6 years
- 23.0%a year
- Revenue, same period
- -2.2%a year
At a market value of $8.6B, Victoria's Secret & Co.'s free cash flow of $312M (fiscal 2026) would need to grow about 9% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 6 years. A 9% discount rate and 3% growth after year 10 (how it works). Change them in the Modeling tab or the reverse DCF calculator.
Revenue and free cash flow
Fiscal years, from Victoria's Secret & Co.'s 10-K filings.
Victoria's Secret & Co. revenue and free cash flow
FY2020–FY2026Results from SEC filings
All three statements · Quarters, TTM and 20+ years of statements in Investingly
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.3B | $6.2B | $6.2B | $6.6B |
| Net income | $646M | $348M | $109M | $165M | $161M |
| Free cash flow | $682M | $273M | $133M | $247M | $312M |
| EPS (diluted) | $7.18 | $4.14 | $1.39 | $2.05 | $1.93 |
| Operating margin | 12.8% | 7.5% | 4.0% | 5.0% | 4.1% |
Where the revenue comes from
By regions, fiscal 2026. By year
Superinvestors who own VSXY
From each investor's latest 13F filing (what a 13F shows).
None of the superinvestors we track held VSXY in their latest 13F.
Victoria's Secret & Co. insider buying
Open-market purchases by executives and directors in the last 12 months, from SEC Form 4 filings (what insider buying tells you).
No open-market insider purchases of VSXY in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.
Fundamental grade
Five factors scored 1 to 9 from VSXY's latest numbers. It describes the business, not whether the stock is a buy.
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How Victoria's Secret & Co. compares
Victoria's Secret & Co.'s P/E is higher than 65% of Consumer Cyclical companies and 62% of the 2,508 companies with a P/E figure.
| Higher than | Consumer Cyclical | All stocks |
|---|---|---|
| P/E | 65% | 62% |
| P/FCF | 57% | 50% |
| Revenue growth | 70% | 55% |
| Operating margin | 57% | 50% |
| ROE | 86% | 93% |
Questions about Victoria's Secret & Co.
What growth does Victoria's Secret & Co.'s stock price imply?
At a market value of $8.6B, Victoria's Secret & Co. would need its free cash flow to grow about 9% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 6 years its free cash flow grew 23% a year.
Are Victoria's Secret & Co. insiders buying the stock?
No open-market insider purchases of VSXY in the last 12 months, according to SEC Form 4 filings.
Companies like Victoria's Secret & Co.
The Gap, Inc. (GAP)$7.5BUrban Outfitters Inc (URBN)$7.3BAbercrombie & Fitch Company (ANF)$6.3BLululemon Athletica Inc. (LULU)$11.8BBurlington Stores Inc (BURL)$15.5BBoot Barn Holdings Inc (BOOT)$3.9BAmerican Eagle Outfitters Inc (AEO)$3.3BBuckle Inc (BKE)$2.2BCarter’s Inc (CRI)$1.2B All Consumer Cyclical stocks→Prices and ratios as of Nov 9, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.