Victoria's Secret & Co (VSCO)
Return on equity (ROE)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 110,000 | 102,000 | 197,000 | 268,000 | 348,000 | 421,000 | 472,000 | 553,000 | |||
| Total stockholders’ equity | US$ in thousands | 417,000 | 220,000 | 279,000 | 265,000 | 383,000 | 235,000 | 247,000 | 227,000 | 257,000 | 252,000 | 884,000 |
| ROE | 26.38% | 46.36% | 70.61% | 101.13% | 90.86% | 179.15% | 191.09% | 243.61% |
February 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $110,000K ÷ $417,000K
= 26.38%
Victoria's Secret & Co's return on equity (ROE) has shown some fluctuations over the past several quarters. The ROE stood at 26.38% as of February 3, 2024, a decrease from the previous quarter's 46.36% on October 28, 2023. The ROE had been on an upward trend since the start of the year, reaching a high of 101.13% on April 29, 2023. However, this was followed by a significant increase to 179.15% on October 29, 2022, and 191.09% on July 30, 2022, before peaking at 243.61% on April 30, 2022.
The ROE values indicate that Victoria's Secret & Co has generally been able to generate a favorable return for its shareholders relative to its equity base. The decreasing trend in recent quarters suggests a potential decline in profitability or efficiency in the utilization of equity. It would be important for stakeholders to further analyze the factors contributing to these fluctuations to assess the company's overall financial performance and sustainability.
Peer comparison
Feb 3, 2024