Victoria's Secret & Co (VSCO) — Tangible Net Worth Ratio
Victoria's Secret & Co (VSCO) has a Tangible Net Worth Ratio of 70.9% as of April 2026. This metric is calculated by deducting intangible assets ($246.00 Million) from net assets ($845.00 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore VSCO net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Victoria's Secret & Co Tangible Net Worth Ratio (2020–2026)
This chart shows how Victoria's Secret & Co's Tangible Net Worth Ratio has changed across 7 annual periods from 2020 to 2026. As of April 2026, the ratio stands at 70.9%, reflecting net assets of $845.00 Million with intangible assets of $246.00 Million USD. Check asset allocation strategy of Victoria's Secret & Co to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Victoria's Secret & Co (2020–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Victoria's Secret & Co from 2020 to 2026, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see VSCO company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 73.0% | $910.00 Million | $246.00 Million | $5.01 Billion | ▲ +29.6 pp |
| 2025 | 43.4% | $664.00 Million | $376.00 Million | $4.53 Billion | ▲ +34.7 pp |
| 2024 | 8.7% | $438.00 Million | $400.00 Million | $4.60 Billion | ▲ +14.9 pp |
| 2023 | -6.2% | $401.00 Million | $426.00 Million | $4.71 Billion | ▼ -10.5 pp |
| 2022 | 4.3% | $257.00 Million | $246.00 Million | $4.34 Billion | ▼ -68.1 pp |
| 2021 | 72.4% | $891.00 Million | $246.00 Million | $4.23 Billion | ▼ -8.9 pp |
| 2020 | 81.3% | $1.31 Billion | $246.00 Million | $5.27 Billion | — |