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Victoria's Secret & Co. (VSCO) Stock Fundamental Analysis & AI Rating 2026

VSCO NYSE Retail-Women's Clothing Stores CIK: 0001856437
Recently Updated • Analysis: Apr 18, 2026 • SEC Data: 2026-01-31
SELL
65% Conf
Pending
Analysis scheduled

📊 VSCO Key Takeaways

Revenue: $6.6B
Net Margin: 2.5%
Free Cash Flow: $312.0M
Current Ratio: 1.25x
Debt/Equity: 1.13x
EPS: $1.93
AI Rating: SELL with 65% confidence
Victoria's Secret & Co. (VSCO) receives a SELL rating with 65% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $6.6B, net profit margin of 2.5%, and return on equity (ROE) of 18.8%, Victoria's Secret & Co. demonstrates mixed fundamentals in the Consumer sector. Below is our complete VSCO stock analysis for 2026.

Is Victoria's Secret & Co. (VSCO) a Good Investment?

Claude

VSCO faces severe operational headwinds with net income declining 14.8% YoY despite 5.2% revenue growth, indicating significant margin compression in a capital-intensive retail environment. Weak quick ratio (0.54x) combined with moderate leverage (1.13x debt/equity) and anemic net margins (2.5%) limit financial flexibility and create vulnerability to market disruption.

Why Buy Victoria's Secret & Co. Stock? VSCO Key Strengths

Claude
  • + Revenue growth of 5.2% YoY demonstrates maintained market demand in competitive retail segment
  • + Free cash flow generation of $312M (4.8% FCF margin) provides some financial flexibility
  • + Gross margin of 36.4% is reasonable for women's apparel retail category

VSCO Stock Risks: Victoria's Secret & Co. Investment Risks

Claude
  • ! Net income declined 14.8% YoY despite revenue growth indicating severe margin compression and cost control deterioration
  • ! Quick ratio of 0.54x signals potential liquidity stress; well below healthy 1.0x threshold for retail
  • ! Razor-thin net margin of 2.5% and operating margin of 4.1% leave minimal room for operational missteps or market disruption
  • ! Debt-to-equity of 1.13x combined with weak profitability and liquidity creates refinancing risk

Key Metrics to Watch

Claude
  • * Operating margin trend - critical to assess if margin compression stabilizes or worsens
  • * Quick ratio and working capital - monitor liquidity stress indicators
  • * Free cash flow sustainability - evaluate if cash generation can support debt service amid profitability decline

Victoria's Secret & Co. (VSCO) Financial Metrics & Key Ratios

Revenue
$6.6B
Net Income
$161.0M
EPS (Diluted)
$1.93
Free Cash Flow
$312.0M
Total Assets
$5.0B
Cash Position
$518.0M

💡 AI Analyst Insight

The relatively thin 4.8% FCF margin may limit capital allocation flexibility.

VSCO Profit Margin, ROE & Profitability Analysis

Gross Margin 36.4%
Operating Margin 4.1%
Net Margin 2.5%
ROE 18.8%
ROA 3.2%
FCF Margin 4.8%

VSCO vs Consumer Sector: How Victoria's Secret & Co. Compares

How Victoria's Secret & Co. compares to Consumer sector averages

Net Margin
VSCO 2.5%
vs
Sector Avg 8.0%
VSCO Sector
ROE
VSCO 18.8%
vs
Sector Avg 18.0%
VSCO Sector
Current Ratio
VSCO 1.2x
vs
Sector Avg 1.5x
VSCO Sector
Debt/Equity
VSCO 1.1x
vs
Sector Avg 0.8x
VSCO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Victoria's Secret & Co. Stock Overvalued? VSCO Valuation Analysis 2026

Based on fundamental analysis, Victoria's Secret & Co. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
18.8%
Sector avg: 18%
Net Profit Margin
2.5%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.13x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Victoria's Secret & Co. Balance Sheet: VSCO Debt, Cash & Liquidity

Current Ratio
1.25x
Quick Ratio
0.54x
Debt/Equity
1.13x
Debt/Assets
81.8%
Interest Coverage
4.11x
Long-term Debt
$971.0M

VSCO Revenue & Earnings Growth: 5-Year Financial Trend

VSCO 5-year financial data: Year 2021: Revenue $7.5B, Net Income -$897.0M, EPS $-10.16. Year 2022: Revenue $6.8B, Net Income -$72.0M, EPS $-0.82. Year 2023: Revenue $6.8B, Net Income $646.0M, EPS $7.18. Year 2024: Revenue $6.3B, Net Income $348.0M, EPS $4.14. Year 2025: Revenue $6.6B, Net Income $109.0M, EPS $1.39.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Victoria's Secret & Co.'s revenue has declined by 13% over the 5-year period, indicating business contraction. The most recent EPS of $1.39 reflects profitable operations.

VSCO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.8%
Free cash flow / Revenue

VSCO Quarterly Earnings & Performance

Quarterly financial performance data for Victoria's Secret & Co. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.3B -$23.0M $-0.28
Q2 2025 $1.4B $14.0M $0.18
Q1 2025 $1.4B -$2.0M $-0.02
Q3 2024 $1.3B -$28.0M $-0.36
Q2 2024 $1.4B -$1.0M $-0.01
Q1 2024 $1.4B $1.0M $0.01
Q3 2023 $1.3B $24.0M $0.29
Q2 2023 $1.4B -$1.0M $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Victoria's Secret & Co. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$499.0M
Cash generated from operations
Capital Expenditures
$187.0M
Investment in assets
Dividends
None
No dividend program

VSCO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Victoria's Secret & Co. (CIK: 0001856437)

📋 Recent SEC Filings

Date Form Document Action
Apr 6, 2026 4 xslF345X06/doc4.xml View →
Apr 6, 2026 4 xslF345X06/doc4.xml View →
Mar 23, 2026 4 xslF345X06/doc4.xml View →
Mar 23, 2026 4 xslF345X06/doc4.xml View →
Mar 23, 2026 4 xslF345X06/doc4.xml View →

Frequently Asked Questions about VSCO

What is the AI rating for VSCO?

Victoria's Secret & Co. (VSCO) has an AI rating of SELL with 65% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VSCO's key strengths?

Claude: Revenue growth of 5.2% YoY demonstrates maintained market demand in competitive retail segment. Free cash flow generation of $312M (4.8% FCF margin) provides some financial flexibility.

What are the risks of investing in VSCO?

Claude: Net income declined 14.8% YoY despite revenue growth indicating severe margin compression and cost control deterioration. Quick ratio of 0.54x signals potential liquidity stress; well below healthy 1.0x threshold for retail.

What is VSCO's revenue and growth?

Victoria's Secret & Co. reported revenue of $6.6B.

Does VSCO pay dividends?

Victoria's Secret & Co. does not currently pay dividends.

Where can I find VSCO SEC filings?

Official SEC filings for Victoria's Secret & Co. (CIK: 0001856437) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VSCO's EPS?

Victoria's Secret & Co. has a diluted EPS of $1.93.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is VSCO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Victoria's Secret & Co. has a SELL rating with 65% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is VSCO stock overvalued or undervalued?

Valuation metrics for VSCO: ROE of 18.8% (sector avg: 18%), net margin of 2.5% (sector avg: 8%). Higher ROE suggests strong returns relative to peers.

Should I buy VSCO stock in 2026?

Our dual AI analysis gives Victoria's Secret & Co. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is VSCO's free cash flow?

Victoria's Secret & Co.'s operating cash flow is $499.0M, with capital expenditures of $187.0M. FCF margin is 4.8%.

How does VSCO compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 2.5% (avg: 8%), ROE 18.8% (avg: 18%), current ratio 1.25 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 18, 2026 | Data as of: 2026-01-31 | Powered by Claude AI