MARKETS / BALCAO / QVCDQ
BALCAO · RETAIL-CATALOG & MAIL-ORDER HOUSES · SMALL CAP

Qvc, Inc. QVCDQ

15 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$8.3B
▼ 7.8% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-96.6%
Net margin · FY25
-26.1%
Dividend coverage
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Result
USD 8.3B
Revenue, FY2025 · full 15-year series below
Revenue Net income
48128.3-2.2201120142017202020232025
48128.3-2.22016201920222025

The company lost 26 cents on every revenue dollar this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.2201120142017202020232025
0.40.81.22016201920222025

The company pays no cash dividend.

Profitability
-96.6%
Return on equity, FY2025
ROE
5101520-96.6%201120142017202020232025
5101520-96.6%2016201920222025
Operating margin-24.3%
Net margin-26.1%
Return on assets-23.6%

Each USD of equity lost 97 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
−6.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−5.7%
−6.3%
−0.5%
Returned to shareholders
+7.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 8.5B
total assets, end of FY2025
Total assetsUSD 8.5B
EquityUSD 1.2B
CashUSD 1.5B
Gross debtUSD 5.0B
Net debtUSD 3.6B
Current ratio0.55×

Net debt stands at 297% of equity.

History
15 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Revenue $B
8.3
9.0
9.4
9.9
11.4
11.5
11.0
11.3
8.8
8.7
8.7
8.8
8.6
8.5
8.3
Operating income $B
−2.0
−0.8
0.6
−1.4
1.5
1.6
1.3
1.5
1.3
1.2
1.3
1.3
1.2
1.3
1.1
EBITDA $B
−1.6
−0.4
1.0
−1.0
1.9
2.0
1.8
1.9
1.8
1.8
1.9
1.9
1.8
1.8
1.7
Income tax $B
−0.2
0.0
0.2
0.2
0.4
0.3
0.3
0.3
0.1
0.4
0.4
0.4
0.4
0.4
0.3
Net income $B
−2.2
−1.1
0.2
−1.9
0.8
0.8
0.8
0.9
0.9
0.6
0.6
0.6
0.6
0.6
0.6
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
115
42
96
116
·
·
·
·
·
ROE %
−96.6
−28.3
3.6
−30.9
10.1
11.5
11.5
14.2
19.0
15.5
14.0
10.6
9.1
9.3
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
37 of 38
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 1 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed