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. For live market cap and overall valuation, see VSCO market cap.
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. Also explore net asset growth rate of Victoria's Secret & Co to track the company's year-over-year net asset growth rate.
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. See VSCO free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| 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 | — |