Qurate Historical Income Statement

QRTEA Stock  USD 0.90  0.08  8.16%   
Historical analysis of Qurate Retail income statement accounts such as Operating Income of 1.2 B, Cost Of Revenue of 7.2 B, Income Before Tax of 62.7 M or Income Tax Expense of 116.6 M can show how well Qurate Retail Series performed in making a profits. Evaluating Qurate Retail income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Qurate Retail's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Qurate Retail Series latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Qurate Retail Series is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qurate Retail Series. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

About Qurate Income Statement Analysis

Qurate Retail Series Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Qurate Retail shareholders. The income statement also shows Qurate investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Qurate Retail Income Statement Chart

Qurate Retail Series Income Statement is one of the three primary financial statements used for reporting Qurate's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Qurate Retail Series revenue and expense. Qurate Retail Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Qurate Retail's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.2 B, whereas Interest Expense is forecasted to decline to about 397 M.

Total Revenue

Total revenue comprises all receipts Qurate Retail Series generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Qurate Retail Series minus its cost of goods sold. It is profit before Qurate Retail operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Qurate Retail Series operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Qurate Retail Series is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Qurate Retail's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Qurate Retail Series current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qurate Retail Series. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At present, Qurate Retail's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.2 B, whereas Interest Expense is forecasted to decline to about 397 M.
 2021 2022 2023 2024 (projected)
Gross Profit4.8B3.7B2.5B3.5B
Total Revenue14.0B12.1B10.9B10.6B

Qurate Retail income statement Correlations

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0.810.790.690.530.81-0.2-0.07-0.40.010.010.80.150.140.73-0.36-0.58-0.360.32-0.390.14-0.580.57-0.57-0.49-0.7
0.850.790.940.760.98-0.08-0.02-0.340.240.30.950.290.350.94-0.34-0.81-0.40.18-0.540.17-0.550.56-0.59-0.44-0.68
0.710.690.940.890.860.10.16-0.270.470.490.840.520.590.98-0.18-0.79-0.23-0.1-0.440.12-0.450.31-0.38-0.16-0.45
0.560.530.760.890.650.210.25-0.20.470.40.610.70.730.83-0.07-0.75-0.11-0.18-0.340.15-0.370.12-0.160.01-0.2
0.880.810.980.860.65-0.17-0.11-0.360.110.180.960.150.20.87-0.4-0.78-0.470.32-0.560.19-0.580.66-0.68-0.58-0.76
-0.23-0.2-0.080.10.21-0.170.980.130.160.46-0.210.410.470.00.95-0.070.87-0.690.260.080.1-0.530.550.570.5
-0.2-0.07-0.020.160.25-0.110.98-0.060.140.41-0.110.480.510.080.9-0.060.88-0.680.20.13-0.07-0.450.490.530.39
-0.06-0.4-0.34-0.27-0.2-0.360.13-0.060.150.19-0.51-0.27-0.16-0.350.25-0.080.02-0.160.47-0.370.95-0.530.380.330.57
0.00.010.240.470.470.110.160.140.150.370.140.640.470.44-0.02-0.180.03-0.7-0.08-0.210.19-0.450.270.550.23
0.140.010.30.490.40.180.460.410.190.370.170.360.710.450.37-0.390.28-0.430.150.10.14-0.210.130.320.24
0.770.80.950.840.610.96-0.21-0.11-0.510.140.170.170.210.9-0.44-0.59-0.450.27-0.610.14-0.660.71-0.75-0.58-0.85
0.020.150.290.520.70.150.410.48-0.270.640.360.170.850.450.2-0.280.38-0.60.050.32-0.28-0.330.290.480.23
0.110.140.350.590.730.20.470.51-0.160.470.710.210.850.530.3-0.40.37-0.480.080.34-0.2-0.220.180.380.23
0.690.730.940.980.830.870.00.08-0.350.440.450.90.450.53-0.26-0.7-0.29-0.05-0.480.09-0.50.39-0.47-0.23-0.56
-0.4-0.36-0.34-0.18-0.07-0.40.950.90.25-0.020.37-0.440.20.3-0.260.120.91-0.620.410.030.27-0.610.640.60.62
-0.82-0.58-0.81-0.79-0.75-0.78-0.07-0.06-0.08-0.18-0.39-0.59-0.28-0.4-0.70.120.29-0.160.25-0.220.22-0.250.240.220.25
-0.51-0.36-0.4-0.23-0.11-0.470.870.880.020.030.28-0.450.380.37-0.290.910.29-0.670.540.110.09-0.610.660.650.61
0.460.320.18-0.1-0.180.32-0.69-0.68-0.16-0.7-0.430.27-0.6-0.48-0.05-0.62-0.16-0.67-0.270.16-0.280.79-0.69-0.89-0.59
-0.34-0.39-0.54-0.44-0.34-0.560.260.20.47-0.080.15-0.610.050.08-0.480.410.250.54-0.27-0.160.51-0.550.540.460.64
0.120.140.170.120.150.190.080.13-0.37-0.210.10.140.320.340.090.03-0.220.110.16-0.16-0.420.19-0.15-0.16-0.11
-0.33-0.58-0.55-0.45-0.37-0.580.1-0.070.950.190.14-0.66-0.28-0.2-0.50.270.220.09-0.280.51-0.42-0.630.460.440.65
0.630.570.560.310.120.66-0.53-0.45-0.53-0.45-0.210.71-0.33-0.220.39-0.61-0.25-0.610.79-0.550.19-0.63-0.94-0.96-0.91
-0.66-0.57-0.59-0.38-0.16-0.680.550.490.380.270.13-0.750.290.18-0.470.640.240.66-0.690.54-0.150.46-0.940.930.92
-0.62-0.49-0.44-0.160.01-0.580.570.530.330.550.32-0.580.480.38-0.230.60.220.65-0.890.46-0.160.44-0.960.930.85
-0.64-0.7-0.68-0.45-0.2-0.760.50.390.570.230.24-0.850.230.23-0.560.620.250.61-0.590.64-0.110.65-0.910.920.85
Click cells to compare fundamentals

Qurate Retail Account Relationship Matchups

Qurate Retail income statement Accounts

201920202021202220232024 (projected)
Interest Expense374M408M468M456M451M397.0M
Selling General Administrative1.8B1.4B1.4B1.4B1.4B1.3B
Total Revenue13.5B14.2B14.0B12.1B10.9B10.6B
Gross Profit4.6B4.9B4.8B3.7B2.5B3.5B
Cost Of Revenue8.9B9.3B9.2B8.4B8.4B7.2B
Income Before Tax(622M)1.1B638M(2.3B)66M62.7M
Net Income Applicable To Common Shares(456M)1.2B340M(2.6B)(2.3B)(2.2B)
Net Income(405M)1.2B340M(2.5B)(145M)(137.8M)
Income Tax Expense(217M)(211M)217M224M160M116.6M
Minority Interest51M58M81M62M(57M)(54.2M)
Depreciation And Amortization606M559M841M481M407M662.6M
Other Operating Expenses12.1B12.6B12.6B11.2B10.3B10.1B
Ebit1.2B1.6B1.1B1.1B614M943.2M
Ebitda1.8B2.1B1.9B1.6B1.0B2.0B
Total Operating Expenses3.2B3.3B3.3B2.7B1.9B2.5B
Total Other Income Expense Net(1.8B)(521M)(449M)(3.4B)(548M)(575.4M)
Net Income From Continuing Ops(405M)1.3B421M(2.5B)134M127.3M
Non Operating Income Net Other(432M)(113M)19M189M170.1M266.9M
Tax Provision(217M)(211M)217M224M78M66.6M
Net Interest Income(374M)(408M)(468M)(456M)(415M)(435.8M)
Reconciled Depreciation606M562M537M481M419M452.9M

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When determining whether Qurate Retail Series offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qurate Retail's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qurate Retail Series Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qurate Retail Series Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qurate Retail Series. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Qurate Retail Series information on this page should be used as a complementary analysis to other Qurate Retail's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Qurate Retail's price analysis, check to measure Qurate Retail's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qurate Retail is operating at the current time. Most of Qurate Retail's value examination focuses on studying past and present price action to predict the probability of Qurate Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qurate Retail's price. Additionally, you may evaluate how the addition of Qurate Retail to your portfolios can decrease your overall portfolio volatility.
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Is Qurate Retail's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qurate Retail. If investors know Qurate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qurate Retail listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.48)
Earnings Share
(0.37)
Revenue Per Share
28.204
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0274
The market value of Qurate Retail Series is measured differently than its book value, which is the value of Qurate that is recorded on the company's balance sheet. Investors also form their own opinion of Qurate Retail's value that differs from its market value or its book value, called intrinsic value, which is Qurate Retail's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qurate Retail's market value can be influenced by many factors that don't directly affect Qurate Retail's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qurate Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qurate Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qurate Retail's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.