Growth Metrics

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

Victoria's Secret (VSCO) has 6 years of Net Margin data on record, last reported at 2.11% in Q4 2025.

  • For Q4 2025, Net Margin rose 190.0% year-over-year to 2.11%; the TTM value through Nov 2025 reached 2.88%, up 30.0%, while the annual FY2025 figure was 2.71%, 84.0% up from the prior year.
  • Net Margin reached 2.11% in Q4 2025 per VSCO's latest filing, down from 1.23% in the prior quarter.
  • Across five years, Net Margin topped out at 13.48% in Q1 2021 and bottomed at 5.61% in Q4 2023.
  • Average Net Margin over 5 years is 4.01%, with a median of 3.37% recorded in 2022.
  • Peak YoY movement for Net Margin: surged 5337bps in 2021, then crashed -728bps in 2023.
  • A 5-year view of Net Margin shows it stood at 5.2% in 2021, then tumbled by -68bps to 1.67% in 2022, then plummeted by -436bps to 5.61% in 2023, then rose by 29bps to 4.01% in 2024, then skyrocketed by 47bps to 2.11% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 2.11% in Q4 2025, 1.23% in Q3 2025, and 0.22% in Q2 2025.