Victoria's Secret (VSCO) FCF Margin (2020 - 2026)

Victoria's Secret's FCF Margin history runs 7 years deep, the most recent figure standing at 28.6% for Q1 2026.

• In Q1 2026, FCF Margin fell 207.0% year-over-year to 28.6%; the TTM figure through Jan 2026 stood at 4.76% (up 80.0% YoY), while the FY2026 annual figure was 4.76%, up 80.0% from the prior year.
• FCF Margin was 28.6% for Q1 2026 at Victoria's Secret, up from 15.76% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 33.5% in Q1 2023 to a low of 22.38% in Q4 2022.
• Historically, FCF Margin has averaged 1.44% across 5 years, with a median of 3.72% in 2022.
• The sharpest annual moves came in 2022 and 2023: FCF Margin plunged 1808 bps in 2022, then jumped 1415 bps in 2023.
• A 5-year view of FCF Margin shows it stood at 22.38% in 2022, then climbed by 8 bps to 20.63% in 2023, then decreased by 8 bps to 22.2% in 2024, then grew by 29 bps to 15.76% in 2025, then surged by 281 bps to 28.6% in 2026.
• The last three FCF Margin figures came in at 28.6% (Q1 2026), 15.76% (Q4 2025), and 6.03% (Q3 2025), per Business Quant data.