Victoria's Secret & Co
Victoria's Secret & Co. operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, apparel, sport, and swim products, as well as prestige fragrances and body care products; and loungewear, activewear, and accessories and beauty products under the Victoria's Secret, PINK, and Adore Me brands. The compa… Read more
Victoria's Secret & Co (VSCO) - Net Assets
Latest net assets as of October 2025: $689.00 Million USD
Based on the latest financial reports, Victoria's Secret & Co (VSCO) has net assets worth $689.00 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.13 Billion) and total liabilities ($4.45 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $689.00 Million |
| % of Total Assets | 13.42% |
| Annual Growth Rate | -12.76% |
| 5-Year Change | -25.48% |
| 10-Year Change | N/A |
| Growth Volatility | 48.89 |
Victoria's Secret & Co - Net Assets Trend (2020–2025)
This chart illustrates how Victoria's Secret & Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Victoria's Secret & Co (2020–2025)
The table below shows the annual net assets of Victoria's Secret & Co from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $664.00 Million | +51.60% |
| 2024-01-31 | $438.00 Million | +9.23% |
| 2023-01-31 | $401.00 Million | +56.03% |
| 2022-01-31 | $257.00 Million | -71.16% |
| 2021-01-31 | $891.00 Million | -32.19% |
| 2020-01-31 | $1.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Victoria's Secret & Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 34300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $343.00 Million | 53.59% |
| Common Stock | $1.00 Million | 0.16% |
| Other Comprehensive Income | $-1.00 Million | -0.16% |
| Other Components | $297.00 Million | 46.41% |
| Total Equity | $640.00 Million | 100.00% |
Victoria's Secret & Co Competitors by Market Cap
The table below lists competitors of Victoria's Secret & Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Covivio
PINK:GSEFF
|
$3.16 Billion |
|
Tobu Railway Co. Ltd
PINK:TBURF
|
$3.16 Billion |
|
Korn Ferry
NYSE:KFY
|
$3.16 Billion |
|
Qilu Bank Co Ltd
SHG:601665
|
$3.17 Billion |
|
Genworth Financial Inc
NYSE:GNW
|
$3.16 Billion |
|
Zhaojin Mining Industry Company Limited
PINK:ZHAOF
|
$3.15 Billion |
|
BankUnited Inc
NYSE:BKU
|
$3.15 Billion |
|
ING Bank Śląski SA
WAR:ING
|
$3.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Victoria's Secret & Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 417,000,000 to 640,000,000, a change of 223,000,000 (53.5%).
- Net income of 165,000,000 contributed positively to equity growth.
- Share repurchases of 10,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,000,000.
- Other factors increased equity by 69,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $165.00 Million | +25.78% |
| Share Repurchases | $10.00 Million | -1.56% |
| Other Comprehensive Income | $-1.00 Million | -0.16% |
| Other Changes | $69.00 Million | +10.78% |
| Total Change | $- | 53.48% |
Book Value vs Market Value Analysis
This analysis compares Victoria's Secret & Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.21x to 5.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-01-31 | $14.33 | $46.02 | x |
| 2021-01-31 | $9.73 | $46.02 | x |
| 2022-01-31 | $2.86 | $46.02 | x |
| 2023-01-31 | $4.56 | $46.02 | x |
| 2024-01-31 | $5.28 | $46.02 | x |
| 2025-01-31 | $7.93 | $46.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Victoria's Secret & Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.65%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 7.08x
- Recent ROE (25.78%) is below the historical average (52.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -68.37% | -11.95% | 1.42x | 4.02x | $-1.03 Billion |
| 2021 | -8.08% | -1.33% | 1.28x | 4.75x | $-161.10 Million |
| 2022 | 251.36% | 9.52% | 1.56x | 16.90x | $620.30 Million |
| 2023 | 90.86% | 5.49% | 1.35x | 12.30x | $309.70 Million |
| 2024 | 26.14% | 1.76% | 1.34x | 11.03x | $67.30 Million |
| 2025 | 25.78% | 2.65% | 1.37x | 7.08x | $101.00 Million |
Industry Comparison
This section compares Victoria's Secret & Co's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $596,574,747
- Average return on equity (ROE) among peers: 4.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Victoria's Secret & Co (VSCO) | $689.00 Million | -68.37% | 6.45x | $3.16 Billion |
| American Eagle Outfitters Inc (AEO) | $90.81 Million | 21.51% | 0.59x | $2.70 Billion |
| AKA Brands Holding Corp (AKA) | $148.62 Million | -66.54% | 1.43x | $8.64 Million |
| Abercrombie & Fitch Company (ANF) | $1.86 Billion | 6.85% | 0.64x | $3.90 Billion |
| Aritzia Inc (ATZAF) | $112.68 Million | 28.73% | 2.56x | $2.85 Billion |
| Allbirds Inc (BIRD) | $185.33 Million | -82.26% | 0.78x | $17.13 Million |
| Buckle Inc (BKE) | $389.15 Million | 26.84% | 1.23x | $1.53 Billion |
| Boot Barn Holdings Inc (BOOT) | $599.68 Million | 32.09% | 1.00x | $4.86 Billion |
| BrilliA Inc (BRIA) | $6.50 Million | 66.75% | 2.42x | $11.61 Million |
| Burlington Stores Inc (BURL) | $-150.47 Million | 0.00% | 0.00x | $18.67 Billion |
| Boozt AB (publ) (BZTAF) | $2.72 Billion | 8.57% | 1.19x | $605.80 Million |