Victoria's Secret & Co (VSCO)

Operating return on assets (Operating ROA)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Operating income (ttm) US$ in thousands 323,686 315,000 639,120 510,000 402,000 169,046 -82,074 13,320 108,320 326,274 544,274 559,000 574,000 428,000 282,000 333,000 623,206 858,206 868,120 882,120
Total assets US$ in thousands 4,532,000 4,921,000 4,635,000 4,384,000 4,600,000 4,600,000 4,687,000 4,687,000 4,525,000 4,525,000 4,405,000 4,405,000 4,711,000 4,711,000 4,142,000 4,142,000 4,072,000 4,072,000 4,065,000 4,344,000
Operating ROA 7.14% 6.40% 13.79% 11.63% 8.74% 3.67% -1.75% 0.28% 2.39% 7.21% 12.36% 12.69% 12.18% 9.09% 6.81% 8.04% 15.30% 21.08% 21.36% 20.31%

January 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $323,686K ÷ $4,532,000K
= 7.14%

The operating return on assets (Operating ROA) for Victoria's Secret & Co fluctuated over the past few years. Starting at a strong 20.31% in January 2022, the ratio increased to 21.36% by April 2022 before slightly dipping to 21.08% by July 2022. However, there was a significant drop to 15.30% in late July 2022 and continued to decline to 8.04% by the end of October 2022.

The downward trend persisted as the Operating ROA decreased to 6.81% by the end of January 2023, suggesting a potential challenge in generating profits from assets. There was a slight improvement to 9.09% by April 2023, followed by relatively stable figures around 12% from July 2023 to April 2024.

However, there was a noticeable decline in the Operating ROA from July 2024, dropping to 6.40% by October 2024 and rising slightly to 7.14% by January 2025. This indicates that Victoria's Secret & Co may be facing challenges in effectively utilizing its assets to generate operating profits during this period.


Peer comparison

Jan 31, 2025

Company name
Symbol
Operating ROA
Victoria's Secret & Co
VSCO
7.14%
Bath & Body Works Inc.
BBWI
25.99%