Victorias Secret & Co. (VSXY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 28, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Sep 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VSXY SEC filings page.
Victorias Secret & Co. (VSXY) reported $6.9B in revenue over the twelve months to Aug 1, 2026, up 10.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue is recovering, but rising overhead is keeping profit muted while cash generation and lower leverage strengthen the balance sheet.
FY2025 revenue rose5.2% , but operating income fell12.6% ; the recovery therefore remained top-line-led without corresponding operating conversion. SG&A rose7.0% while operating margin fell0.8 percentage points , indicating expense growth absorbed the gross-profit improvement rather than scale flowing through.
Cash recovery outpaced the profit trend: operating cash flow rose
The financing structure became less debt-dependent: equity expanded
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Victorias Secret & Co.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Victorias Secret & Co. has an operating margin of 4.1%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 47/100, indicating healthy but not exceptional operating efficiency. This is down from 5.0% the prior year.
Victorias Secret & Co.'s revenue grew 5.2% year-over-year to $6.6B, a solid pace of expansion. This earns a growth score of 41/100.
Victorias Secret & Co. has a moderate D/E ratio of 1.13. This balance of debt and equity financing earns a leverage score of 49/100.
Victorias Secret & Co.'s current ratio of 1.25 indicates adequate short-term liquidity, earning a score of 32/100. The company can meet its near-term obligations, though with limited headroom.
Victorias Secret & Co. has a free cash flow margin of 4.8%, earning a moderate score of 41/100. The company generates positive cash flow after capital investments, but with room for improvement.
Victorias Secret & Co.'s ROE of 18.8% shows moderate profitability relative to equity, earning a score of 56/100. This is down from 25.8% the prior year.
Victorias Secret & Co. scores 2.83, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from revenue of $6.6B against total assets of $5.0B. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Victorias Secret & Co. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Victorias Secret & Co. generates $3.10 in operating cash flow ($499.0M OCF vs $161.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Victorias Secret & Co. earns $3.87 in operating income for every $1 of interest expense ($271.0M vs $70.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Victorias Secret & Co. generated $1.6B in revenue in Q2 2026. This represents an increase of 10.4% from the same quarter a year earlier. Against the prior quarter it is up 3.3%.
Victorias Secret & Co.'s EBITDA was $306.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 200.0% from the same quarter a year earlier. Against the prior quarter it is up 135.4%.
Victorias Secret & Co. reported $183.0M in net income in Q2 2026. This represents an increase of 1043.8% from the same quarter a year earlier. Against the prior quarter it is up 281.3%.
Victorias Secret & Co. earned $2.18 per diluted share (EPS) in Q2 2026. This represents an increase of 990.0% from the same quarter a year earlier. Against the prior quarter it is up 289.3%.
Cash & Balance Sheet
Victorias Secret & Co. generated $328.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 272.7% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Victorias Secret & Co. held $522.0M in cash against $971.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Victorias Secret & Co.'s gross margin was 47.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 11.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.6 percentage points.
Victorias Secret & Co.'s operating margin was 16.0% in Q2 2026, reflecting core business profitability. This is up 13.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.1 percentage points.
Victorias Secret & Co.'s net profit margin was 11.4% in Q2 2026, showing the share of revenue converted to profit. This is up 10.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.3 percentage points.
Victorias Secret & Co.'s quarterly ROE was 18.5% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is up 16.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.4 percentage points.
Capital Allocation
Victorias Secret & Co. repurchased no shares in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 100.0%.
Victorias Secret & Co. invested $74.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 8.8% from the same quarter a year earlier. Against the prior quarter it is up 37.0%.
Not reported for Q2 2026.
VSXY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B+10.4% | $1.6B+15.3% | $2.3B+7.4% | $1.5B+9.3% | $1.5B+3.0% | $1.4B-0.4% | $2.1B-0.8% | $1.3B+6.5% |
| Cost of Revenue | $509.0M-16.6% | $634.0M+13.6% | $2.4B+6.5% | $605.0M+10.0% | $610.0M+3.7% | $558.0M+4.3% | $2.3B+38.3% | $550.0M-34.4% |
| Gross Profit | $759.0M+46.2% | $585.0M+23.4% | -$127.0Mn/m | $536.0M+14.5% | $519.0M+3.6% | $474.0M-5.4% | -$137.0M-116.6% | $468.0M+9.6% |
| SG&A Expenses | $502.0M+5.0% | $509.0M+12.1% | $626.0M+10.6% | $555.0M+7.8% | $478.0M+8.9% | $454.0M-4.4% | $566.0M0.0% | $515.0M+4.3% |
| Operating Income | $257.0M+526.8% | $76.0M+280.0% | $229.0M-16.7% | -$19.0Mn/m | $41.0M-33.9% | $20.0M-23.1% | $275.0M+5.4% | -$47.0Mn/m |
| EBITDA | $306.0M+200.0% | $130.0M+58.5% | $287.0M-18.2% | $38.0M+171.4% | $102.0M-15.7% | $82.0M-9.9% | $351.0M+3.8% | $14.0M+250.0% |
| Interest Expense | $15.0M-16.7% | $15.0M-11.8% | $17.0M-34.6% | $18.0M-18.2% | $18.0M-14.3% | $17.0M-22.7% | $26.0M-3.7% | $22.0M-15.4% |
| Income Tax | $60.0M+900.0% | $7.0M+133.3% | $16.0M-70.9% | -$6.0Mn/m | $6.0M-33.3% | $3.0M-62.5% | $55.0M+31.0% | -$15.0Mn/m |
| Net Income | $183.0M+1043.8% | $48.0Mn/m | $184.0M-3.7% | -$37.0Mn/m | $16.0M-50.0% | -$2.0Mn/m | $191.0M+3.2% | -$56.0Mn/m |
| EPS (Basic) | $2.29+1045.0% | $0.59n/m | $2.28-7.7% | -$0.46n/m | $0.20-51.2% | -$0.02n/m | $2.47+5.6% | -$0.71n/m |
| EPS (Diluted) | $2.18+990.0% | $0.56n/m | $2.21-8.3% | -$0.46n/m | $0.20-50.0% | -$0.02n/m | $2.41+3.9% | -$0.71n/m |
| Diluted Shares (Avg) | 84M+2.4% | 85M+7.6% | N/A | 81M+2.5% | 82M+2.5% | 79M+1.3% | N/A | 79M+2.6% |
Not reported in any period shown, so not listed: R&D Expenses.
VSXY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.2B+8.4% | $4.8B+4.1% | $5.0B+10.6% | $5.1B+4.3% | $4.8B+2.6% | $4.6B+4.5% | $4.5B-1.5% | $4.9B+5.0% |
| Current Assets | $2.0B+27.5% | $1.6B+11.8% | $1.9B+30.7% | $1.9B+8.9% | $1.5B+3.4% | $1.5B+4.5% | $1.4B-6.0% | $1.8B+9.2% |
| Cash & Equivalents | $522.0M+177.7% | $207.0M+50.0% | $518.0M+128.2% | $249.0M+54.7% | $188.0M+11.2% | $138.0M+31.4% | $227.0M-15.9% | $161.0M+29.8% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $1.1B+8.3% | $1.1B+5.3% | $1.1B+12.1% | $1.4B+6.7% | $1.1B+3.8% | $1.0B+5.7% | $955.0M-3.0% | $1.3B+6.5% |
| Accounts Receivable | $171.0M+3.0% | $185.0M+20.9% | $186.0M+17.0% | $190.0M+16.6% | $166.0M+5.1% | $153.0M+0.7% | $159.0M+4.6% | $163.0M+17.3% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $367.0M0.0% | $367.0M0.0% | $367.0M0.0% | $367.0M0.0% | $367.0M0.0% | $367.0M0.0% | $367.0M0.0% | $367.0M+0.5% |
| Total Liabilities | $4.1B+1.5% | $3.9B+0.5% | $4.1B+6.1% | $4.4B-0.5% | $4.0B-2.3% | $3.9B-0.8% | $3.9B-7.1% | $4.5B+0.4% |
| Current Liabilities | $1.4B+7.3% | $1.3B+2.4% | $1.5B+9.6% | $1.5B-2.3% | $1.3B-10.0% | $1.3B-12.5% | $1.4B-14.8% | $1.5B+11.5% |
| Non-Current Liabilities | $2.7B-1.4% | $2.6B-0.5% | $2.6B+4.1% | $3.0B+0.4% | $2.7B+2.0% | $2.7B+5.9% | $2.5B-2.2% | $2.9B-4.5% |
| Long-Term Debt | $971.0M-7.3% | $986.0M-8.5% | $971.0M-0.2% | $1.3B-4.7% | $1.0B-6.3% | $1.1B-3.7% | $973.0M-13.1% | $1.4B-7.6% |
| Total Equity | $990.0M+45.6% | $790.0M+22.5% | $856.0M+33.8% | $653.0M+52.2% | $680.0M+44.1% | $645.0M+52.5% | $640.0M+53.5% | $429.0M+95.0% |
| Retained Earnings | $644.0M+80.4% | $461.0M+35.2% | $504.0M+46.9% | $320.0M+113.3% | $357.0M+73.3% | $341.0M+96.0% | $343.0M+92.7% | $150.0Mn/m |
VSXY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $402.0M+157.7% | -$137.0Mn/m | $673.0M-0.1% | -$180.0Mn/m | $156.0M+35.7% | -$150.0Mn/m | $674.0M+14.4% | -$248.0Mn/m |
| Depreciation & Amortization | $49.0M-19.7% | $54.0M-12.9% | $53.0M-19.7% | $57.0M-6.6% | $61.0M+3.4% | $62.0M-4.6% | $66.0M-2.9% | $61.0M-14.1% |
| Stock-Based Compensation | N/A | $13.0M-7.1% | N/A | N/A | N/A | $14.0M-12.5% | N/A | N/A |
| Capital Expenditures | $74.0M+8.8% | $54.0M+25.6% | $24.0M-14.3% | $52.0M+2.0% | $68.0M+13.3% | $43.0M+10.3% | $28.0M-12.5% | $51.0M-36.3% |
| Free Cash Flow | $328.0M+272.7% | -$191.0Mn/m | $649.0M+0.5% | -$232.0Mn/m | $88.0M+60.0% | -$193.0Mn/m | $646.0M+16.0% | -$299.0Mn/m |
| Investing Cash Flow | -$74.0Mn/m | -$54.0Mn/m | -$21.0Mn/m | -$52.0Mn/m | -$68.0Mn/m | -$43.0Mn/m | -$20.0Mn/m | -$50.0Mn/m |
| Financing Cash Flow | -$15.0Mn/m | -$121.0M-214.2% | -$384.0Mn/m | $293.0M+1.4% | -$39.0Mn/m | $106.0Mn/m | -$587.0Mn/m | $289.0M+13.3% |
| Dividends Paid | $0n/m | $7.0Mn/m | N/A | N/A | $0 | $0 | N/A | N/A |
| Share Buybacks | $0n/m | $100.0Mn/m | N/A | N/A | $0n/m | $0n/m | $0n/m | $0n/m |
VSXY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 47.1%+11.5pp | 37.5%+2.5pp | -5.6%+0.9pp | 36.4%+1.7pp | 35.6%+0.2pp | 35.0%-1.8pp | -6.5%-45.3pp | 34.7%+1.0pp |
| Operating Margin | 16.0%+13.1pp | 4.9%+3.4pp | 10.1%-2.9pp | -1.3%+2.2pp | 2.8%-1.6pp | 1.5%-0.4pp | 13.0%+0.8pp | -3.5%+1.8pp |
| Net Margin | 11.4%+10.3pp | 3.1%+3.2pp | 8.1%-0.9pp | -2.5%+1.6pp | 1.1%-1.2pp | -0.1%+0.1pp | 9.0%+0.4pp | -4.2%+1.4pp |
| Return on Equity | 18.5%+16.1pp | 6.1%+6.4pp | 21.5%-8.3pp | -5.7%+7.4pp | 2.4%-4.4pp | -0.3%+0.6pp | 29.8%-14.5pp | -13.1%+19.2pp |
| Return on Assets | 3.5%+3.2pp | 1.0%+1.0pp | 3.7%-0.5pp | -0.7%+0.4pp | 0.3%-0.4pp | 0.0%+0.1pp | 4.2%+0.2pp | -1.1%+0.4pp |
| Current Ratio | 1.36+0.2x | 1.26+0.1x | 1.25+0.2x | 1.30+0.1x | 1.14+0.1x | 1.16+0.2x | 1.05+0.1x | 1.170.0x |
| Debt-to-Equity | 0.98-0.6x | 1.25-0.4x | 1.13-0.4x | 2.06-1.2x | 1.54-0.8x | 1.67-1.0x | 1.52-1.2x | 3.30-3.7x |
| Liabilities-to-Equity | 4.15-1.8x | 4.97-1.1x | 4.79-1.3x | 6.81-3.6x | 5.95-2.8x | 6.06-3.3x | 6.04-3.9x | 10.41-9.8x |
| Asset Turnover | 0.310.0x | 0.330.0x | 0.450.0x | 0.290.0x | 0.310.0x | 0.300.0x | 0.470.0x | 0.270.0x |
| FCF Margin | 20.4%+14.3pp | -12.2%+2.0pp | 28.6%-2.0pp | -15.8%+6.4pp | 6.0%+2.1pp | -14.3%-2.9pp | 30.6%+4.4pp | -22.2%-1.6pp |
Where Victorias Secret & Co. Ranks
Frequently Asked Questions
What is Victorias Secret & Co.'s annual revenue?
Victorias Secret & Co. (VSXY) reported $6.6B in total revenue for fiscal year 2025. This represents a 5.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Victorias Secret & Co.'s revenue growing?
Victorias Secret & Co. (VSXY) revenue grew by 5.2% year-over-year, from $6.2B to $6.6B in fiscal year 2025.
Is Victorias Secret & Co. profitable?
Yes, Victorias Secret & Co. (VSXY) reported a net income of $378.0M over the trailing 12 months to August 1, 2026. In fiscal year 2025 it reported a net income of $161.0M, with a net profit margin of 2.5%.
What is Victorias Secret & Co.'s EBITDA?
Victorias Secret & Co. (VSXY) had EBITDA of $509.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Victorias Secret & Co. have?
As of fiscal year 2025, Victorias Secret & Co. (VSXY) had $518.0M in cash and equivalents against $971.0M in long-term debt.
What is Victorias Secret & Co.'s gross margin?
Victorias Secret & Co. (VSXY) had a gross margin of 36.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Victorias Secret & Co.'s operating margin?
Victorias Secret & Co. (VSXY) had an operating margin of 4.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Victorias Secret & Co.'s net profit margin?
Victorias Secret & Co. (VSXY) had a net profit margin of 2.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Victorias Secret & Co.'s return on equity (ROE)?
Victorias Secret & Co. (VSXY) has a return on equity of 18.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Victorias Secret & Co.'s free cash flow?
Victorias Secret & Co. (VSXY) generated $312.0M in free cash flow during fiscal year 2025. This represents a 26.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Victorias Secret & Co.'s operating cash flow?
Victorias Secret & Co. (VSXY) generated $499.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Victorias Secret & Co.'s total assets?
Victorias Secret & Co. (VSXY) had $5.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Victorias Secret & Co.'s capital expenditures?
Victorias Secret & Co. (VSXY) invested $187.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Victorias Secret & Co.'s current ratio?
Victorias Secret & Co. (VSXY) had a current ratio of 1.25 as of fiscal year 2025, which is considered adequate.
What is Victorias Secret & Co.'s debt-to-equity ratio?
Victorias Secret & Co. (VSXY) had a debt-to-equity ratio of 1.13 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Victorias Secret & Co.'s liabilities-to-equity ratio?
Victorias Secret & Co. (VSXY) had a liabilities-to-equity ratio of 4.79 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Victorias Secret & Co.'s return on assets (ROA)?
Victorias Secret & Co. (VSXY) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Victorias Secret & Co.'s P/E ratio?
Victorias Secret & Co. (VSXY) trades at 20.1x earnings, its market capitalization divided by $378.0M net income, trailing 12 months to August 1, 2026. The market capitalization is $7.6B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Victorias Secret & Co.'s price-to-sales ratio?
Victorias Secret & Co. (VSXY) trades at 1.1x sales, its market capitalization divided by $6.9B revenue, trailing 12 months to August 1, 2026. The market capitalization is $7.6B as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Victorias Secret & Co.'s Altman Z-Score?
Victorias Secret & Co. (VSXY) has an Altman Z-Score of 2.83, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Victorias Secret & Co.'s Piotroski F-Score?
Victorias Secret & Co. (VSXY) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Victorias Secret & Co.'s earnings high quality?
Victorias Secret & Co. (VSXY) has an earnings quality ratio of 3.10x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Victorias Secret & Co. cover its interest payments?
Victorias Secret & Co. (VSXY) has an interest coverage ratio of 3.87x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Victorias Secret & Co.?
Victorias Secret & Co. (VSXY) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.