Qurate Gross Profit from 2010 to 2024

QRTEA Stock  USD 0.40  0.03  8.11%   
Qurate Retail's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 3.5 B this year. Gross Profit is the profit Qurate Retail Series makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2003-12-31
Previous Quarter
601 M
Current Value
827 M
Quarterly Volatility
340.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Qurate Retail financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Qurate Retail's main balance sheet or income statement drivers, such as Interest Expense of 397 M, Selling General Administrative of 1.3 B or Total Revenue of 10.6 B, as well as many indicators such as Price To Sales Ratio of 0.0295, Dividend Yield of 0.0224 or PTB Ratio of 0.83. Qurate financial statements analysis is a perfect complement when working with Qurate Retail Valuation or Volatility modules.
  
Check out the analysis of Qurate Retail Correlation against competitors.

Latest Qurate Retail's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Qurate Retail Series over the last few years. Gross profit is a required income statement account that reflects total revenue of Qurate Retail Series minus its cost of goods sold. It is profit before Qurate Retail operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Qurate Retail's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Qurate Retail's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.69 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Qurate Gross Profit Regression Statistics

Arithmetic Mean3,618,115,238
Geometric Mean3,320,967,414
Coefficient Of Variation29.86
Mean Deviation645,343,746
Median3,622,000,000
Standard Deviation1,080,477,469
Sample Variance1167431.6T
Range4.3B
R-Value0.39
Mean Square Error1063169.3T
R-Squared0.15
Significance0.15
Slope94,921,786
Total Sum of Squares16344041.8T

Qurate Gross Profit History

20243.5 B
20232.5 B
20223.7 B
20214.8 B
20204.9 B
20194.6 B
20184.9 B

Other Fundumenentals of Qurate Retail Series

Qurate Retail Gross Profit component correlations

0.740.07-0.020.090.290.4-0.290.71-0.030.150.070.50.26-0.50.51-0.240.160.210.550.32-0.120.280.6-0.340.48
0.74-0.390.420.11-0.430.67-0.30.66-0.46-0.34-0.48-0.120.74-0.420.420.210.560.560.620.75-0.66-0.10.910.20.62
0.07-0.39-0.170.10.68-0.30.560.20.740.960.840.43-0.630.49-0.49-0.04-0.56-0.43-0.62-0.570.790.29-0.35-0.750.03
-0.020.42-0.170.04-0.630.530.030.02-0.47-0.22-0.35-0.510.290.03-0.030.90.370.460.120.45-0.41-0.210.430.280.28
0.090.110.10.04-0.010.19-0.050.130.290.07-0.22-0.120.220.05-0.050.19-0.170.010.00.32-0.18-0.430.230.010.18
0.29-0.430.68-0.63-0.01-0.430.050.040.630.70.80.86-0.69-0.070.06-0.62-0.61-0.54-0.15-0.650.770.51-0.5-0.74-0.15
0.40.67-0.30.530.19-0.43-0.130.13-0.16-0.21-0.4-0.360.51-0.30.30.410.10.150.350.49-0.4-0.240.690.320.36
-0.29-0.30.560.03-0.050.05-0.130.110.470.560.51-0.09-0.410.84-0.830.33-0.1-0.1-0.8-0.380.510.06-0.21-0.28-0.15
0.710.660.20.020.130.040.130.110.00.260.080.250.360.1-0.09-0.010.360.380.060.28-0.240.270.68-0.370.63
-0.03-0.460.74-0.470.290.63-0.160.470.00.80.570.3-0.470.42-0.42-0.27-0.77-0.58-0.62-0.540.690.14-0.31-0.52-0.2
0.15-0.340.96-0.220.070.7-0.210.560.260.80.840.46-0.60.46-0.46-0.08-0.62-0.51-0.62-0.620.770.41-0.26-0.810.02
0.07-0.480.84-0.35-0.220.8-0.40.510.080.570.840.66-0.820.33-0.34-0.26-0.47-0.49-0.49-0.780.880.54-0.54-0.74-0.1
0.5-0.120.43-0.51-0.120.86-0.36-0.090.250.30.460.66-0.56-0.260.25-0.61-0.27-0.250.11-0.520.490.72-0.27-0.720.04
0.260.74-0.630.290.22-0.690.51-0.410.36-0.47-0.6-0.82-0.56-0.270.270.180.490.510.460.86-0.86-0.470.790.610.51
-0.5-0.420.490.030.05-0.07-0.30.840.10.420.460.33-0.26-0.27-1.00.37-0.030.04-0.93-0.330.290.01-0.19-0.17-0.1
0.510.42-0.49-0.03-0.050.060.3-0.83-0.09-0.42-0.46-0.340.250.27-1.0-0.370.04-0.030.930.34-0.3-0.010.190.170.1
-0.240.21-0.040.90.19-0.620.410.33-0.01-0.27-0.08-0.26-0.610.180.37-0.370.310.37-0.20.3-0.3-0.240.30.230.12
0.160.56-0.560.37-0.17-0.610.1-0.10.36-0.77-0.62-0.47-0.270.49-0.030.040.310.90.370.62-0.63-0.160.470.450.21
0.210.56-0.430.460.01-0.540.15-0.10.38-0.58-0.51-0.49-0.250.510.04-0.030.370.90.30.69-0.62-0.190.530.420.28
0.550.62-0.620.120.0-0.150.35-0.80.06-0.62-0.62-0.490.110.46-0.930.93-0.20.370.30.59-0.5-0.150.370.330.19
0.320.75-0.570.450.32-0.650.49-0.380.28-0.54-0.62-0.78-0.520.86-0.330.340.30.620.690.59-0.74-0.640.70.620.36
-0.12-0.660.79-0.41-0.180.77-0.40.51-0.240.690.770.880.49-0.860.29-0.3-0.3-0.63-0.62-0.5-0.740.25-0.72-0.59-0.42
0.28-0.10.29-0.21-0.430.51-0.240.060.270.140.410.540.72-0.470.01-0.01-0.24-0.16-0.19-0.15-0.640.25-0.08-0.690.04
0.60.91-0.350.430.23-0.50.69-0.210.68-0.31-0.26-0.54-0.270.79-0.190.190.30.470.530.370.7-0.72-0.080.170.59
-0.340.2-0.750.280.01-0.740.32-0.28-0.37-0.52-0.81-0.74-0.720.61-0.170.170.230.450.420.330.62-0.59-0.690.170.04
0.480.620.030.280.18-0.150.36-0.150.63-0.20.02-0.10.040.51-0.10.10.120.210.280.190.36-0.420.040.590.04
Click cells to compare fundamentals

About Qurate Retail Financial Statements

Qurate Retail stakeholders use historical fundamental indicators, such as Qurate Retail's Gross Profit, to determine how well the company is positioned to perform in the future. Although Qurate Retail investors may analyze each financial statement separately, they are all interrelated. For example, changes in Qurate Retail's assets and liabilities are reflected in the revenues and expenses on Qurate Retail's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Qurate Retail Series. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.5 B3.5 B
Gross Profit Margin 0.23  0.26 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Qurate Retail Series offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Qurate Retail's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qurate Retail Series Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qurate Retail Series Stock:
Check out the analysis of Qurate Retail Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qurate Retail. If investors know Qurate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qurate Retail listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Earnings Share
(0.71)
Revenue Per Share
25.8
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0348
The market value of Qurate Retail Series is measured differently than its book value, which is the value of Qurate that is recorded on the company's balance sheet. Investors also form their own opinion of Qurate Retail's value that differs from its market value or its book value, called intrinsic value, which is Qurate Retail's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qurate Retail's market value can be influenced by many factors that don't directly affect Qurate Retail's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qurate Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qurate Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qurate Retail's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.