Victoria's Secret & Co (VSCO)

Return on assets (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
Net income (ttm) US$ in thousands 165,412 153,000 390,000 286,816 219,816 37,388 -144,612 -69,616 2,384 176,812 350,812 371,000 394,000 291,000 188,000 245,000 467,052 643,052 648,265 642,265
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
ROA 3.65% 3.11% 8.41% 6.54% 4.78% 0.81% -3.09% -1.49% 0.05% 3.91% 7.96% 8.42% 8.36% 6.18% 4.54% 5.92% 11.47% 15.79% 15.95% 14.79%

January 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $165,412K ÷ $4,532,000K
= 3.65%

Based on the provided data, Victoria's Secret & Co's return on assets (ROA) has exhibited fluctuations over the reported periods. The ROA started at 14.79% in January 2022 and gradually increased to 15.95% by April 2022, indicating improved efficiency in utilizing its assets to generate profits.

However, there was a slight decline in ROA to 11.47% in July 2022, followed by a more significant decrease to 5.92% in October 2022 and further down to 4.54% by the end of the same month. These declining values suggest potential challenges in asset management and profitability during that period.

Subsequently, there was a recovery in ROA, reaching 8.36% in January 2023, but then saw a slight decrease to 7.96% in April 2023. The trend continued with further declines to 0.05% in July 2023, indicating a significant drop in asset efficiency and profitability.

Victoria's Secret & Co experienced negative ROA values in the later months of 2023, with -1.49% in October and -3.09% in the same month. This suggests that the company may have been experiencing financial difficulties or inefficiencies in its asset utilization.

The trend reversed positively with a rise to 4.78% in February 2024 and further improvements to 8.41% by July 2024. However, the ROA decreased to 3.11% in October 2024 and slightly increased to 3.65% by January 2025.

Overall, the analysis of Victoria's Secret & Co's ROA highlights fluctuations in the company's ability to generate profits from its assets. It is crucial for the company to closely monitor its asset utilization and profitability to ensure sustained financial performance and growth.


Peer comparison

Jan 31, 2025

Company name
Symbol
ROA
Victoria's Secret & Co
VSCO
3.65%
Bath & Body Works Inc.
BBWI
16.38%