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Side-by-side financial comparison of Moody's Corporation (MCO) and QVC INC (QVCD). Click either name above to swap in a different company.

QVC INC is the larger business by last-quarter revenue ($2.4B vs $2.1B, roughly 1.2× Moody's Corporation). Moody's Corporation runs the higher net margin — 31.8% vs 1.5%, a 30.3% gap on every dollar of revenue. On growth, Moody's Corporation posted the faster year-over-year revenue change (8.1% vs -8.9%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% CAGR vs 7.0%).

Moody's Ratings is the credit ratings division of Moody's Corporation. It was known as Moody's Investors Service until March 2024, when the unit was rebranded as Moody's Ratings. Moody's Ratings provides international financial research on bonds issued by commercial and government entities. Along with Standard & Poor's and Fitch Group, Moody's is one of the Big Three credit rating agencies.

QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.

MCO vs QVCD — Head-to-Head

Bigger by revenue
QVCD
QVCD
1.2× larger
QVCD
$2.4B
$2.1B
MCO
Growing faster (revenue YoY)
MCO
MCO
+17.0% gap
MCO
8.1%
-8.9%
QVCD
Higher net margin
MCO
MCO
30.3% more per $
MCO
31.8%
1.5%
QVCD
Faster 2-yr revenue CAGR
QVCD
QVCD
Annualised
QVCD
7.1%
7.0%
MCO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MCO
MCO
QVCD
QVCD
Revenue
$2.1B
$2.4B
Net Profit
$661.0M
$37.0M
Gross Margin
32.5%
Operating Margin
40.7%
5.6%
Net Margin
31.8%
1.5%
Revenue YoY
8.1%
-8.9%
Net Profit YoY
5.8%
103.0%
EPS (diluted)
$3.73

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MCO
MCO
QVCD
QVCD
Q1 26
$2.1B
Q4 25
$1.9B
$2.4B
Q3 25
$2.0B
$2.0B
Q2 25
$1.9B
$2.0B
Q1 25
$1.9B
$1.9B
Q4 24
$1.7B
$2.7B
Q3 24
$1.8B
$2.1B
Q2 24
$1.8B
$2.1B
Net Profit
MCO
MCO
QVCD
QVCD
Q1 26
$661.0M
Q4 25
$610.0M
$37.0M
Q3 25
$646.0M
$2.0M
Q2 25
$578.0M
$-2.2B
Q1 25
$625.0M
$-42.0M
Q4 24
$395.0M
$-1.2B
Q3 24
$534.0M
$51.0M
Q2 24
$552.0M
$53.0M
Gross Margin
MCO
MCO
QVCD
QVCD
Q1 26
Q4 25
73.5%
32.5%
Q3 25
75.5%
33.6%
Q2 25
74.2%
35.4%
Q1 25
74.5%
33.3%
Q4 24
70.3%
32.6%
Q3 24
71.8%
34.7%
Q2 24
74.2%
35.6%
Operating Margin
MCO
MCO
QVCD
QVCD
Q1 26
40.7%
Q4 25
40.8%
5.6%
Q3 25
45.7%
4.6%
Q2 25
43.1%
-114.5%
Q1 25
44.0%
1.5%
Q4 24
33.6%
-47.1%
Q3 24
40.7%
7.8%
Q2 24
42.7%
7.6%
Net Margin
MCO
MCO
QVCD
QVCD
Q1 26
31.8%
Q4 25
32.3%
1.5%
Q3 25
32.2%
0.1%
Q2 25
30.5%
-109.1%
Q1 25
32.5%
-2.2%
Q4 24
23.6%
-46.0%
Q3 24
29.5%
2.4%
Q2 24
30.4%
2.5%
EPS (diluted)
MCO
MCO
QVCD
QVCD
Q1 26
$3.73
Q4 25
$3.40
Q3 25
$3.60
Q2 25
$3.21
Q1 25
$3.46
Q4 24
$2.16
Q3 24
$2.93
Q2 24
$3.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MCO
MCO
QVCD
QVCD
Cash + ST InvestmentsLiquidity on hand
$1.5B
$1.5B
Total DebtLower is stronger
$7.0B
$1.0M
Stockholders' EquityBook value
$3.1B
$1.2B
Total Assets
$14.7B
$8.5B
Debt / EquityLower = less leverage
2.22×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCO
MCO
QVCD
QVCD
Q1 26
$1.5B
Q4 25
$2.4B
$1.5B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.2B
Q4 24
$3.0B
$297.0M
Q3 24
$3.2B
$297.0M
Q2 24
$2.7B
$315.0M
Total Debt
MCO
MCO
QVCD
QVCD
Q1 26
$7.0B
Q4 25
$7.0B
$1.0M
Q3 25
$7.0B
$5.0B
Q2 25
$7.0B
$4.0B
Q1 25
$6.8B
$4.0B
Q4 24
$7.4B
$3.3B
Q3 24
$7.6B
$3.4B
Q2 24
$6.9B
$3.7B
Stockholders' Equity
MCO
MCO
QVCD
QVCD
Q1 26
$3.1B
Q4 25
$4.1B
$1.2B
Q3 25
$4.0B
$1.2B
Q2 25
$3.9B
$1.2B
Q1 25
$3.7B
$3.3B
Q4 24
$3.6B
$3.3B
Q3 24
$3.9B
$4.6B
Q2 24
$3.8B
$4.3B
Total Assets
MCO
MCO
QVCD
QVCD
Q1 26
$14.7B
Q4 25
$15.8B
$8.5B
Q3 25
$15.4B
$8.3B
Q2 25
$15.5B
$7.4B
Q1 25
$15.1B
$9.7B
Q4 24
$15.5B
$9.9B
Q3 24
$15.8B
$9.9B
Q2 24
$15.0B
$11.2B
Debt / Equity
MCO
MCO
QVCD
QVCD
Q1 26
2.22×
Q4 25
1.73×
0.00×
Q3 25
1.76×
4.30×
Q2 25
1.76×
3.42×
Q1 25
1.84×
1.22×
Q4 24
2.08×
1.01×
Q3 24
1.94×
0.73×
Q2 24
1.84×
0.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MCO
MCO
QVCD
QVCD
Operating Cash FlowLast quarter
$939.0M
$245.0M
Free Cash FlowOCF − Capex
$844.0M
FCF MarginFCF / Revenue
40.6%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.42×
6.62×
TTM Free Cash FlowTrailing 4 quarters
$2.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCO
MCO
QVCD
QVCD
Q1 26
$939.0M
Q4 25
$858.0M
$245.0M
Q3 25
$743.0M
$76.0M
Q2 25
$543.0M
$52.0M
Q1 25
$757.0M
$46.0M
Q4 24
$674.0M
$189.0M
Q3 24
$703.0M
$98.0M
Q2 24
$686.0M
$164.0M
Free Cash Flow
MCO
MCO
QVCD
QVCD
Q1 26
$844.0M
Q4 25
$777.0M
Q3 25
$658.0M
Q2 25
$468.0M
Q1 25
$672.0M
Q4 24
$600.0M
Q3 24
$631.0M
Q2 24
$593.0M
FCF Margin
MCO
MCO
QVCD
QVCD
Q1 26
40.6%
Q4 25
41.1%
Q3 25
32.8%
Q2 25
24.7%
Q1 25
34.9%
Q4 24
35.9%
Q3 24
34.8%
Q2 24
32.6%
Capex Intensity
MCO
MCO
QVCD
QVCD
Q1 26
Q4 25
4.3%
Q3 25
4.2%
Q2 25
4.0%
Q1 25
4.4%
Q4 24
4.4%
Q3 24
4.0%
Q2 24
5.1%
Cash Conversion
MCO
MCO
QVCD
QVCD
Q1 26
1.42×
Q4 25
1.41×
6.62×
Q3 25
1.15×
38.00×
Q2 25
0.94×
Q1 25
1.21×
Q4 24
1.71×
Q3 24
1.32×
1.92×
Q2 24
1.24×
3.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MCO
MCO

external$926.0M45%
MIS Transaction$790.0M38%
MIS Recurring$363.0M17%

QVCD
QVCD

Home$754.0M31%
QVC International$661.0M27%
Beauty$260.0M11%
Apparel$254.0M10%
Electronics$187.0M8%
Accessories$181.0M7%
Jewelry$87.0M4%
Otherrevenue$38.0M2%

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