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

Victoria's Secret has disclosed FCF Margin across 7 years of filings, most recently posting 12.24% for Q2 2026.

• For the quarter ending Q2 2026, FCF Margin rose 202.0% year-over-year to 12.24%; the trailing twelve-month figure through May 2026 stood at 4.64% (up 129.0% YoY), and the FY2026 full-year result was 4.76%, up 80.0% from the prior year.
• FCF Margin was 12.24% for Q2 2026 at Victoria's Secret, down from 28.6% in the prior quarter.
• Over five years, FCF Margin peaked at 33.5% in Q1 2023 and troughed at 22.38% in Q4 2022.
• The 5-year median for FCF Margin is 11.25% (2022), against an average of 0.64%.
• The sharpest annual moves came in 2022 and 2023: FCF Margin slumped 1808 bps in 2022, then soared 1415 bps in 2023.
• Year by year, FCF Margin stood at 22.38% in 2022, then gained by 8 bps to 20.63% in 2023, then fell by 8 bps to 22.2% in 2024, then advanced by 29 bps to 15.76% in 2025, then gained by 22 bps to 12.24% in 2026.
• Per Business Quant data, the three most recent FCF Margin figures were 12.24% in Q2 2026, 28.6% in Q1 2026, and 15.76% in Q4 2025.