QVC GroupWBO:QVC 44 Gross Margin % is 34.18% as of Mar. 2026, which is 1% below its 10-year median of 34.38. GuruFocus rates WBO:QVC with a GF Score™ of 44/100 and a GF Value™ of €65.75. The stock has 6 warning signs investors should review. Among 1,117 Retail - Cyclical companies, QVC Group ranks worse than 53.98% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. QVC Group's Gross Profit for the
three
months ended in Mar. 2026 was €579 Mil. QVC Group's Revenue for the
three
months ended in Mar. 2026 was €1,693 Mil. Therefore, QVC Group's Gross Margin % for the quarter that ended in Mar. 2026 was 34.18%.
The historical rank and industry rank for QVC Group's Gross Margin % or its related term are showing as below:
WBO:QVC'
s Gross Margin % Range Over the Past 10 Years
Min: 30.47 Med: 34.38 Max: 35.12
Current: 34.32
During the past 13 years, the highestGross Margin % of QVC Group was 35.12%. The lowest was 30.47%. And the median was 34.38%.
WBO:QVC's Gross Margin % is ranked worse than 53.98% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 36.23
vs WBO:QVC: 34.32
QVC Group had a gross margin of 34.18% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for QVC Group was 0.40% per year.
QVC Group (WBO:QVC) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
QVC Group had a gross margin of 34.18% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
QVC Group Gross Margin % Related Terms
QVC Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for QVC Group's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WBO:QVC vs IPW, OCG, MI: Gross Margin % Comparison
For the Internet Retail subindustry, QVC Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
QVC Group Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, QVC Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where QVC Group's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
QVC Group (WBO:QVC) has a Gross Margin % of 34.18% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on QVC Group and its competitors. This is near median its historical median of 34.38. Over the past decade, QVC Group's Gross Margin % has ranged from 30.47 to 35.12. According to the industry distribution chart, QVC Group ranks #603 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 54%.
Is QVC Group's Gross Margin % too high?
QVC Group's current Gross Margin % of 34.18% is near median its 10-year median of 34.38. Over the past 10 years, this metric has ranged from a low of 30.47 to a high of 35.12. The Retail - Cyclical industry median Gross Margin % is 36.23. QVC Group's value of 34.18% is 5.7% below this industry median. Based on the distribution chart, QVC Group ranks #603 out of 1117 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, QVC Group has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does QVC Group's Gross Margin % compare to IPW and OCG?
According to the Retail - Cyclical industry distribution chart, QVC Group ranks #603 out of 1117 companies for Gross Margin %. This places QVC Group in the lower half of its industry. The industry median Gross Margin % is 36.23. QVC Group's value of 34.18% is 5.7% below this benchmark. Historically, QVC Group's own Gross Margin % has ranged from 30.47 to 35.12 over the past decade. While the company's 10-year median is 34.38 vs. the industry median of 36.23, QVC Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.23, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QVC Group's current Gross Margin % of 34.18% is 5.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on QVC Group and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QVC Group's current Gross Margin % is 34.18%, which is near median its own 10-year median of 34.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QVC Group stock overvalued right now?
QVC Group (WBO:QVC) has a current Gross Margin % of 34.18%. The stock's GF Value™ is €65.75, compared to a current price of €0.32 — trading 99.5% below its estimated fair value. The current Gross Margin % is 34.18%, which is near median its 10-year median of 34.38 and 5.7% below the Retail - Cyclical industry median of 36.23. QVC Group's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For QVC Group (WBO:QVC), the current Gross Margin % is 34.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is QVC Group (WBO:QVC) Overvalued in 2026?
Based on GuruFocus' analysis, QVC Group stock appears to be undervalued.
The current stock price of €0.32 is trading 99.5% below its estimated GF Value™ of €65.75.
Key valuation signals for WBO:QVC:
Gross Margin %: 34.18% (near median its 10-year median of 34.38)
GF Value™: €65.75 vs. price of €0.32 (99.5% below fair value)
Industry Position: 5.7% below the Retail - Cyclical median (#603 of 1117)
No single metric tells the full story. See the WBO:QVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QVC Group Inc is a live social shopping company. The company has six retail brands QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, Grandin Road, and others. QVC offers assortment of quality merchandise and classifies its products into six groups: home, apparel, beauty, accessories, electronics and jewelry. The company has three reportable segments: QxH, QVC International, and CBI. Majority of revenue is from Home products from QxH segment. The company also operates in Japan, Germany and Other foreign countries.
44GF Score
Get the complete analysis for WBO:QVC
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:QVC has been successfully added to your 
