QVC Financial Statements From 2010 to 2025

QVCGP Stock   5.29  0.16  2.94%   
Analyzing historical trends in various income statement and balance sheet accounts from QVC's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting QVC's valuation are summarized below:
There are currently one hundred twenty fundamental measures for QVC that can be evaluated and compared over time across peers in the sector. Investors and active traders are advised to check out QVC's latest fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 08/13/2025, Market Cap is likely to grow to about 226.2 M, while Enterprise Value is likely to drop slightly above 3.5 B.

QVC Total Revenue

11.31 Billion

Check QVC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QVC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 464 M, Interest Expense of 367.7 M or Total Revenue of 11.3 B, as well as many indicators such as Price To Sales Ratio of 0.0233, Dividend Yield of 0.0246 or Days Sales Outstanding of 52.62. QVC financial statements analysis is a perfect complement when working with QVC Valuation or Volatility modules.
  
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Check out the analysis of QVC Correlation against competitors.

QVC Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets13.9 B9.2 B16.3 B
Slightly volatile
Short and Long Term Debt TotalB5.6 B6.3 B
Slightly volatile
Other Current Liabilities1.1 B1.1 B1.3 B
Pretty Stable
Total Current Liabilities3.1 B2.7 B2.9 B
Slightly volatile
Property Plant And Equipment Net1.3 B1.1 B1.2 B
Slightly volatile
Net Debt6.1 B4.7 B5.5 B
Slightly volatile
Accounts Payable883.9 M776 M886.7 M
Slightly volatile
Cash655.2 M905 M778.9 M
Very volatile
Non Current Assets Total10.9 B5.9 B12.7 B
Slightly volatile
Non Currrent Assets Other97.8 M103 M1.5 B
Slightly volatile
Cash And Short Term Investments656.5 M905 M781 M
Very volatile
Net Receivables1.5 B1.1 B1.4 B
Slightly volatile
Good Will2.1 B2.2 B5.3 B
Slightly volatile
Liabilities And Stockholders Equity13.9 B9.2 B16.3 B
Slightly volatile
Non Current Liabilities Total6.9 B7.4 B8.2 B
Pretty Stable
Inventory1.2 B1.1 B1.2 B
Slightly volatile
Other Current Assets340.9 M190 M291.8 M
Slightly volatile
Other Stockholder Equity127.3 M134 M3.2 B
Slightly volatile
Total Liabilities9.2 B10.1 B11.2 B
Very volatile
Total Current Assets4.2 B3.3 B3.9 B
Pretty Stable
Short Term Debt689.1 M867 M741.4 M
Slightly volatile
Intangible Assets4.7 B2.5 BB
Slightly volatile
Common Stock4.8 M3.6 M5.9 M
Slightly volatile
Current Deferred Revenue85.6 M96.3 M105 M
Slightly volatile
Short Term Investments13.2 M10.8 M14.8 M
Slightly volatile
Long Term DebtB4.1 B5.1 B
Slightly volatile
Common Stock Shares Outstanding314.2 M398.6 M399.6 M
Slightly volatile
Net Invested Capital5.9 BB9.3 B
Slightly volatile
Property Plant And Equipment GrossB2.1 B2.8 B
Slightly volatile
Short and Long Term Debt864.3 M867 M1.5 B
Slightly volatile
Capital Stock3.2 M3.6 M3.9 M
Slightly volatile
Non Current Liabilities Other114 M120 M589.5 M
Slightly volatile
Capital Lease Obligations559.4 M598 M370.4 M
Slightly volatile

QVC Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization464 M383 M583.7 M
Slightly volatile
Interest Expense367.7 M468 M374.2 M
Slightly volatile
Total Revenue11.3 B10 B11 B
Slightly volatile
Gross Profit3.7 B3.5 B3.7 B
Slightly volatile
Other Operating Expenses10.4 B10.8 B10.3 B
Slightly volatile
Cost Of Revenue7.7 B6.5 B7.5 B
Slightly volatile
Total Operating Expenses2.4 B4.3 B2.5 B
Slightly volatile
Selling General Administrative1.4 B1.7 B1.4 B
Slightly volatile
Selling And Marketing Expenses648.4 M617.5 M414.5 M
Slightly volatile
Reconciled Depreciation379.2 M383 M523.1 M
Slightly volatile

QVC Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow775.4 M1.1 B932.8 M
Very volatile
Depreciation462.2 M383 M580.7 M
Slightly volatile
Capital Expenditures315.9 M236 M301.4 M
Slightly volatile
Total Cash From Operating Activities498.8 M525 M1.1 B
Pretty Stable
End Period Cash Flow899.1 M923 M792.2 M
Slightly volatile
Stock Based Compensation30.4 M32 M68.7 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.02330.01540.0182
Slightly volatile
Dividend Yield0.02460.02595.5127
Slightly volatile
Days Sales Outstanding52.6241.565747.6018
Pretty Stable
Operating Cash Flow Per Share87.5766.2879123
Very volatile
Stock Based Compensation To Revenue0.0030.00320.0063
Slightly volatile
Capex To Depreciation0.410.61620.5275
Slightly volatile
EV To Sales0.640.47980.5313
Very volatile
Inventory Turnover4.956.14896.2744
Pretty Stable
Days Of Inventory On Hand65.7759.360158.7408
Pretty Stable
Payables Turnover9.868.40728.6527
Slightly volatile
Sales General And Administrative To Revenue0.08450.07050.0711
Slightly volatile
Capex To Revenue0.03050.02350.0274
Very volatile
Cash Per Share65.711484.2679
Slightly volatile
POCF Ratio0.280.29420.2179
Pretty Stable
Capex To Operating Cash Flow0.280.44950.3533
Slightly volatile
Days Payables Outstanding33.6643.415143.2913
Slightly volatile
EV To Operating Cash Flow5.789.17236.6485
Slightly volatile
Intangibles To Total Assets0.480.51270.6026
Pretty Stable
Current Ratio1.581.21111.3626
Slightly volatile
Receivables Turnover6.228.78137.7464
Slightly volatile
Capex Per Share23.7829.79832.8784
Slightly volatile
Revenue Per Share8611.3 K1.2 K
Slightly volatile
Interest Debt Per Share557762723
Slightly volatile
Debt To Assets0.310.60220.4018
Slightly volatile
Graham Number831521973
Pretty Stable
Short Term Coverage Ratios0.580.605512.2273
Slightly volatile
Operating Cycle118101106
Pretty Stable
Days Of Payables Outstanding33.6643.415143.2913
Slightly volatile
Price To Operating Cash Flows Ratio0.280.29420.2179
Pretty Stable
Long Term Debt To Capitalization1.381.31020.6467
Slightly volatile
Total Debt To Capitalization1.271.21130.6562
Slightly volatile
Quick Ratio1.090.82160.9241
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.832.18753.4963
Slightly volatile
Cash Ratio0.350.33220.291
Pretty Stable
Cash Conversion Cycle72.1357.510762.2637
Pretty Stable
Operating Cash Flow Sales Ratio0.04970.05230.1014
Slightly volatile
Days Of Inventory Outstanding65.7759.360158.7408
Pretty Stable
Days Of Sales Outstanding52.6241.565747.6018
Pretty Stable
Cash Flow Coverage Ratios0.140.09430.1852
Slightly volatile
Fixed Asset Turnover7.119.1089.0863
Slightly volatile
Capital Expenditure Coverage Ratio4.272.22464.0192
Slightly volatile
Price Cash Flow Ratio0.280.29420.2179
Pretty Stable
Debt Ratio0.310.60220.4018
Slightly volatile
Cash Flow To Debt Ratio0.140.09430.1852
Slightly volatile
Price Sales Ratio0.02330.01540.0182
Slightly volatile
Asset Turnover1.141.08590.7587
Slightly volatile
Gross Profit Margin0.270.350.3391
Slightly volatile

QVC Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap226.2 M205.6 M191.4 M
Pretty Stable
Enterprise Value3.5 B5.6 B5.5 B
Slightly volatile

QVC Fundamental Market Drivers

Cash And Short Term Investments905 M

About QVC Financial Statements

QVC shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although QVC investors may analyze each financial statement separately, they are all interrelated. The changes in QVC's assets and liabilities, for example, are also reflected in the revenues and expenses on on QVC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue96.3 M85.6 M
Total Revenue10 B11.3 B
Cost Of Revenue6.5 B7.7 B
Sales General And Administrative To Revenue 0.07  0.08 
Capex To Revenue 0.02  0.03 
Revenue Per Share1.3 K861
Ebit Per Revenue(0.08)(0.08)

Pair Trading with QVC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if QVC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in QVC will appreciate offsetting losses from the drop in the long position's value.

Moving together with QVC Stock

  0.62JD JD Inc AdrPairCorr

Moving against QVC Stock

  0.85LGCB Linkage Global OrdinaryPairCorr
  0.71W WayfairPairCorr
  0.55YJ Yunji IncPairCorr
  0.54JMIA Jumia Technologies TrendingPairCorr
  0.45JFBRW Jeffs BrandsPairCorr
The ability to find closely correlated positions to QVC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QVC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back QVC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling QVC Group to buy it.
The correlation of QVC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QVC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QVC Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for QVC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for QVC Stock Analysis

When running QVC's price analysis, check to measure QVC'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 QVC is operating at the current time. Most of QVC's value examination focuses on studying past and present price action to predict the probability of QVC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QVC's price. Additionally, you may evaluate how the addition of QVC to your portfolios can decrease your overall portfolio volatility.