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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Qvc (QVCGP) Gross Margin (2016 - 2025)

Qvc's Gross Margin history spans 17 years, with the latest figure at 32.95% for Q4 2025.

  • Quarterly results put Gross Margin at 32.95% for Q4 2025, down 34.0% from a year ago — trailing twelve months through Dec 2025 was 34.31% (down 69.0% YoY), and the annual figure for FY2025 was 34.3%, down 70.0%.
  • Gross Margin for Q4 2025 was 32.95% at Qvc, down from 33.98% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 36.4% in Q2 2025 to a low of 28.19% in Q4 2022.
  • The 5-year median for Gross Margin is 34.07% (2025), against an average of 33.63%.
  • The sharpest move saw Gross Margin crashed -463bps in 2022, then soared 550bps in 2023.
  • Year by year, Gross Margin stood at 32.82% in 2021, then decreased by -14bps to 28.19% in 2022, then increased by 20bps to 33.69% in 2023, then dropped by -1bps to 33.29% in 2024, then dropped by -1bps to 32.95% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 32.95%, 33.98%, and 36.4% for Q4 2025, Q3 2025, and Q2 2025 respectively.