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QVCGB (QVC Group) Gross Profit : $3,513 Mil (TTM As of Dec. 2024)


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What is QVC Group Gross Profit?

QVC Group's gross profit for the three months ended in Dec. 2024 was $980 Mil. QVC Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $3,513 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. QVC Group's gross profit for the three months ended in Dec. 2024 was $980 Mil. QVC Group's Revenue for the three months ended in Dec. 2024 was $2,944 Mil. Therefore, QVC Group's Gross Margin % for the quarter that ended in Dec. 2024 was 33.29%.

QVC Group had a gross margin of 33.29% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of QVC Group was 36.23%. The lowest was 30.47%. And the median was 34.51%.


QVC Group Gross Profit Historical Data

The historical data trend for QVC Group's Gross Profit 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.

* Premium members only.

QVC Group Gross Profit Chart

QVC Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,886.00 4,813.00 3,689.00 3,685.00 3,513.00

QVC Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,059.00 831.00 875.00 827.00 980.00

Competitive Comparison of QVC Group's Gross Profit

For the Internet Retail subindustry, QVC Group's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, QVC Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where QVC Group's Gross Profit falls into.


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QVC Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

QVC Group's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=10037 - 6524
=3,513

QVC Group's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=2944 - 1964
=980

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,513 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

QVC Group's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=980 / 2944
=33.29 %

* 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  (NAS:QVCGB) Gross Profit 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 33.29% for the quarter that ended in Dec. 2024 => Competition eroding margins


QVC Group Gross Profit Related Terms

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QVC Group Business Description

Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
QVC Group Inc is a live social shopping company with six retail brands QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, Grandin Road, and other minority interests. 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. Company also operates in Japan, Germany and Other foreign countries.