Victoria's Secret (VSXY) Operating Leases (2020 - 2026)
Victoria's Secret (VSXY) recorded Operating Leases of $1.64 billion in fiscal Q2 2027 (quarter ended Aug 1, 2026), up 5.0% from $1.56 billion a year earlier and up 2.8% from the prior quarter.
Victoria's Secret (VSXY) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Victoria's Secret reported Operating Leases of $1.58 billion, up 9.9% from FY2025.
- Annual Operating Leases has increased for three straight fiscal years, with a five-year compound annual growth rate of 0.3% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Leases came in at $1.43 billion in FY2025 (+9.3%), $1.31 billion in FY2024 (+9.2%), $1.2 billion in FY2023 (-8.6%) and $1.31 billion in FY2022 (-15.4%).
- The fiscal Q2 2027 figure is the highest quarterly Operating Leases since fiscal Q3 2021.
- On a year-over-year basis, Operating Leases has increased for 13 consecutive quarters, with growth averaging 9.6% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 15.3% in fiscal Q1 2026, against a decline of 18.6% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.6 billion (Q1 2027), $1.58 billion (Q4 2026) and $1.55 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn |
| 10 | Victoria's Secret | 7.14 Bn | 5.71 Bn | 759.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 1, 2026 | 1.64 Bn |
| May 2, 2026 | 1.60 Bn |
| Jan 31, 2026 | 1.58 Bn |
| Nov 1, 2025 | 1.55 Bn |
| Aug 2, 2025 | 1.56 Bn |
| May 3, 2025 | 1.48 Bn |
| Feb 1, 2025 | 1.43 Bn |
| Nov 2, 2024 | 1.43 Bn |
| Aug 3, 2024 | 1.43 Bn |
| May 4, 2024 | 1.29 Bn |
| Feb 3, 2024 | 1.31 Bn |
| Oct 28, 2023 | 1.28 Bn |
| Jul 29, 2023 | 1.29 Bn |
| Apr 29, 2023 | 1.22 Bn |
| Jan 28, 2023 | 1.20 Bn |
| Oct 29, 2022 | 1.21 Bn |
| Jul 30, 2022 | 1.27 Bn |
| Apr 30, 2022 | 1.27 Bn |
| Jan 29, 2022 | 1.31 Bn |
| Oct 30, 2021 | 1.39 Bn |
Victoria's Secret Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=VSXY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "VSXY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=VSXY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();