Victoria's Secret (VSXY) Return on Capital Employed (2021 - 2026)

Victoria's Secret (VSXY) recorded quarterly Return on Capital Employed of 9.07% in Q2 2026, up 19.36% quarter-over-quarter from 7.6% in Q1 2026, and down 11.0% year-on-year from 10.19% in Q2 2025.

Victoria's Secret (VSXY) Return on Capital Employed (2021 - 2026) Analysis & Trends

Victoria's Secret has disclosed Return on Capital Employed across 6 years of filings, most recently posting 9.07% for Q2 2026.

  • For the quarter ending Q2 2026, Return on Capital Employed fell 11.0% year-over-year to 9.07%; the trailing twelve-month figure through May 2026 stood at 9.07% (down 11.0% YoY), and the FY2026 full-year result was 8.3%, down 142.0% from the prior year.
  • Return on Capital Employed was 9.07% for Q2 2026 at Victoria's Secret, up from 7.6% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 32.73% in Q1 2022 and troughed at 7.13% in Q4 2023.
  • The 5-year median for Return on Capital Employed is 9.22% (2024), against an average of 13.3%.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed jumped 3625 bps in 2022, then tumbled 1590 bps in 2023.
  • Year by year, Return on Capital Employed stood at 20.47% in 2022, then sank by 65 bps to 7.13% in 2023, then advanced by 29 bps to 9.23% in 2024, then fell by 3 bps to 8.98% in 2025, then climbed by 1 bps to 9.07% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 9.07% in Q2 2026, 7.6% in Q1 2026, and 8.98% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Tjx Companies 181.87 Bn 176.29 Bn 4.48 Bn 32.66%
2 Ross Stores 73.96 Bn 69.37 Bn 1.80 Bn 25.41%
3 Burlington Stores 20.47 Bn 19.72 Bn 1.26 Bn -27.23%
4 Lululemon Athletica 14.32 Bn 12.51 Bn 2.00 Bn 34.99%
5 Gap 7.96 Bn 5.40 Bn 1.42 Bn 13.71%
6 Urban Outfitters 6.65 Bn 5.96 Bn 542.57 Mn 16.05%
7 Boot Barn Holdings 5.21 Bn 5.01 Bn 281.24 Mn 15.46%
8 Victoria's Secret 4.42 Bn 4.27 Bn 585.00 Mn 9.07%
9 Abercrombie & Fitch 3.77 Bn 3.16 Bn 699.98 Mn 27.24%
10 Victoria's Secret - - 585.00 Mn 9.07%

Historic Data

Download Data
DateValue
May 2, 2026 9.07%
Jan 31, 2026 7.60%
Nov 1, 2025 8.98%
Aug 2, 2025 8.49%
May 3, 2025 9.18%
Feb 1, 2025 9.22%
Nov 2, 2024 9.23%
Aug 3, 2024 9.29%
May 4, 2024 7.98%
Feb 3, 2024 8.12%
Oct 28, 2023 7.13%
Jul 29, 2023 11.15%
Apr 29, 2023 12.95%
Jan 28, 2023 16.82%
Oct 29, 2022 20.47%
Jul 30, 2022 24.13%
Apr 30, 2022 26.80%
Jan 29, 2022 32.73%
Oct 30, 2021 31.73%
Jul 31, 2021 31.28%