Company / Gross Margin
Victoria's Secret & Co. Gross Margin History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
36.3%
FY2025
5-year range
27.5% / 40.7%
FY2021-FY2025
Trend
+1.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from 40.7% to 36.3% over the past 2 years.
Based on SEC 10-K filings.
36.3% in FY2025 with a 3-year CAGR of +7.3%.
Declined from 40.7% to 36.3% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +7.3pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, gross margin increased 1.9% year-over-year.
- Peak gross margin was recorded in FY2023.
- Lowest gross margin in the period was in FY2021.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 36.3% | +1.9% |
| FY2024 | 35.6% | -12.5% |
| FY2023 | 40.7% | +40.2% |
| FY2022 | 29.0% | +5.6% |
| FY2021 | 27.5% | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026