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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) Operating Margin (2016 - 2025)

Qvc's Operating Margin history spans 17 years, with the latest figure at 3.81% for Q4 2025.

  • Quarterly results put Operating Margin at 3.81% for Q4 2025, up 4698.0% from a year ago — trailing twelve months through Dec 2025 was 22.71% (down 1465.0% YoY), and the annual figure for FY2025 was 22.73%, down 1467.0%.
  • Operating Margin for Q4 2025 was 3.81% at Qvc, up from 2.71% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 45.32% in Q4 2022 to a low of 101.61% in Q2 2025.
  • The 5-year median for Operating Margin is 6.14% (2023), against an average of 5.88%.
  • The sharpest move saw Operating Margin soared 10110bps in 2023, then plummeted -10847bps in 2025.
  • Year by year, Operating Margin stood at 23.31% in 2021, then soared by 294bps to 45.32% in 2022, then crashed by -107bps to 3.28% in 2023, then tumbled by -1217bps to 43.17% in 2024, then skyrocketed by 109bps to 3.81% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 3.81%, 2.71%, and 101.61% for Q4 2025, Q3 2025, and Q2 2025 respectively.