Victoria's Secret (VSXY) Net Margin (2020 - 2026)
Victoria's Secret (VSXY) posted Net Margin of 11.67% for Q3 2026, up 219.38% on a QoQ basis from 3.65% in Q2 2026, and up 1044.0% year-over-year from 1.02% in Q3 2025.
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Analysis
Victoria's Secret (VSXY) Net Margin (2020 - 2026) Analysis & Trends
Victoria's Secret has reported Net Margin for 7 years, with the latest figure at 11.67% in Q3 2026.
- On a quarterly basis, Net Margin rose 1044.0% year-over-year to 11.67% in Q3 2026; TTM through Aug 2026 was 5.99%, a 344.0% increase from a year earlier, with the FY2026 full-year figure at 2.88%, up 17.0% from the prior year.
- Net Margin was 11.67% for Q3 2026 at Victoria's Secret, up from 3.65% in the prior quarter.
- The five-year high for Net Margin was 11.67% in Q3 2026, with the low at 5.61% in Q4 2023.
- Average Net Margin over 5 years is 3.42%, with a median of 2.26% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Net Margin plunged 728 bps in 2023, then jumped 1044 bps in 2026.
- Over 5 years, Net Margin stood at 1.67% in 2022, then sank by 436 bps to 5.61% in 2023, then grew by 27 bps to 4.08% in 2024, then soared by 48 bps to 2.11% in 2025, then surged by 654 bps to 11.67% in 2026.
- The last three Net Margin figures came in at 11.67% (Q3 2026), 3.65% (Q2 2026), and 8.81% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 145.45 Bn | 139.45 Bn | 5.07 Bn | 10.01% |
| 2 | Ross Stores | 73.74 Bn | 69.46 Bn | 2.12 Bn | 13.59% |
| 3 | Burlington Stores | 16.67 Bn | 15.97 Bn | 1.39 Bn | 6.14% |
| 4 | Gap | 7.87 Bn | 5.38 Bn | 1.93 Bn | 13.72% |
| 5 | Urban Outfitters | 6.93 Bn | 6.52 Bn | 542.57 Mn | 7.81% |
| 6 | Abercrombie & Fitch | 6.36 Bn | 5.74 Bn | 822.65 Mn | 14.65% |
| 7 | Victoria's Secret | 6.04 Bn | 5.58 Bn | 759.00 Mn | 11.67% |
| 8 | Boot Barn Holdings | 4.70 Bn | 4.56 Bn | - | - |
| 9 | American Eagle Outfitters | 2.91 Bn | 2.81 Bn | 456.17 Mn | 1.92% |
| 10 | Buckle | 2.22 Bn | 1.93 Bn | 133.48 Mn | 16.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 11.67% |
| May 2, 2026 | 3.65% |
| Jan 31, 2026 | 8.81% |
| Nov 1, 2025 | -2.11% |
| Aug 2, 2025 | 1.23% |
| May 3, 2025 | 0.22% |
| Feb 1, 2025 | 9.21% |
| Nov 2, 2024 | -4.08% |
| Aug 3, 2024 | 2.26% |
| May 4, 2024 | -0.22% |
| Feb 3, 2024 | 8.83% |
| Oct 28, 2023 | -5.61% |
| Jul 29, 2023 | -0.07% |
| Apr 29, 2023 | 0.28% |
| Jan 28, 2023 | 8.51% |
| Oct 29, 2022 | 1.67% |
| Jul 30, 2022 | 4.40% |
| Apr 30, 2022 | 5.12% |
| Jan 29, 2022 | 11.26% |
| Oct 30, 2021 | 5.20% |