VICTORIA’S SECRET & CO. Cash Flow Charts

3 years of history · ending 2026-01-31 · SEC EDGAR

Source:10-K · 10-Q

Capital Allocation

How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).

Capital Allocation Waterfall

Buybacks vs Stock-Based Comp

Net Debt Issuance

Cash Flow

Cash Flow by Activity

Operating Cash Flow
$499M
Free Cash Flow
$312M
Investing Cash Flow
$-184M
Financing Cash Flow
$-24M
Capex
$187M
Acquisitions
$0
Stock Buybacks
$0
Stock-Based Comp
$55M
Debt Repaid
$4M
D&A
$238M
SBC Allocated Expense
$55M