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QVCGA (QVC Group) Net Income : $-1,290 Mil (TTM As of Dec. 2024)


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What is QVC Group Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. QVC Group's Net Income for the three months ended in Dec. 2024 was $-1,286 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-1,290 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. QVC Group's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-3.32.


QVC Group Net Income Historical Data

The historical data trend for QVC Group's Net Income 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 Net Income Chart

QVC Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,196.00 340.00 -2,594.00 -145.00 -1,290.00

QVC Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income 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 -273.00 -1.00 20.00 -23.00 -1,286.00

QVC Group Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1291+41+0+-40
=-1,290

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

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1369+94+0+-11
=-1,286

Net Income 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 $-1,290 Mil.

* 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.


QVC Group  (NAS:QVCGA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

QVC Group's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


QVC Group Net Income 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.
Executives
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Brian J Wendling officer: CAO/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
David Rawlinson officer: President/CEO-Elect C/O NIELSEN HOLDINGS PLC, 85 BROAD ST, NEW YORK NY 10004
Albert E Rosenthaler officer: Senior Vice President 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Michael A George director
John C Malone director, 10 percent owner, officer: Chairman of the Board 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
David E Rapley director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei director, officer: Chief Executive Officer 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Mark C Vadon director 705 FIFTH AVE S STE 900, SEATTLE WA 98104
Fiona P Dias director
Gilchrist Malcolm Ian Grant director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Richard N Baer officer: SVP, General Counsel
Richard N Barton director C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Mark D Carleton officer: Chief Financial Officer 12300 LIBERTY BLVD., ENGLEWOOD CO 80112