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Side-by-side financial comparison of QVC INC (QVCD) and SEABOARD CORP (SEB). Click either name above to swap in a different company.

QVC INC is the larger business by last-quarter revenue ($2.4B vs $2.4B, roughly 1.0× SEABOARD CORP). SEABOARD CORP runs the higher net margin — 10.6% vs 1.5%, a 9.1% gap on every dollar of revenue. On growth, SEABOARD CORP posted the faster year-over-year revenue change (-2.9% vs -8.9%). Over the past eight quarters, QVC INC's revenue compounded faster (7.1% CAGR vs 4.9%).

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

Seaboard Corporation is a diverse multinational agribusiness and transportation conglomerate with integrated operations in several industries. In the United States, the company mainly engages in pork production and processing and ocean transportation. Internationally, Seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electrical power generation. The parent company, Seaboard Corporation is based in the Kansas City suburb of Merriam, Kansas. Its su...

QVCD vs SEB — Head-to-Head

Bigger by revenue
QVCD
QVCD
1.0× larger
QVCD
$2.4B
$2.4B
SEB
Growing faster (revenue YoY)
SEB
SEB
+6.0% gap
SEB
-2.9%
-8.9%
QVCD
Higher net margin
SEB
SEB
9.1% more per $
SEB
10.6%
1.5%
QVCD
Faster 2-yr revenue CAGR
QVCD
QVCD
Annualised
QVCD
7.1%
4.9%
SEB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
QVCD
QVCD
SEB
SEB
Revenue
$2.4B
$2.4B
Net Profit
$37.0M
$255.0M
Gross Margin
32.5%
7.9%
Operating Margin
5.6%
2.7%
Net Margin
1.5%
10.6%
Revenue YoY
-8.9%
-2.9%
Net Profit YoY
103.0%
63.5%
EPS (diluted)
$262.58

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
QVCD
QVCD
SEB
SEB
Q4 25
$2.4B
$2.4B
Q3 25
$2.0B
$2.5B
Q2 25
$2.0B
$2.5B
Q1 25
$1.9B
$2.3B
Q4 24
$2.7B
$2.5B
Q3 24
$2.1B
$2.2B
Q2 24
$2.1B
$2.2B
Q1 24
$2.1B
$2.2B
Net Profit
QVCD
QVCD
SEB
SEB
Q4 25
$37.0M
$255.0M
Q3 25
$2.0M
$110.0M
Q2 25
$-2.2B
$104.0M
Q1 25
$-42.0M
$32.0M
Q4 24
$-1.2B
$156.0M
Q3 24
$51.0M
$-149.0M
Q2 24
$53.0M
$61.0M
Q1 24
$51.0M
$22.0M
Gross Margin
QVCD
QVCD
SEB
SEB
Q4 25
32.5%
7.9%
Q3 25
33.6%
7.8%
Q2 25
35.4%
6.5%
Q1 25
33.3%
6.1%
Q4 24
32.6%
9.0%
Q3 24
34.7%
6.2%
Q2 24
35.6%
5.8%
Q1 24
35.0%
4.0%
Operating Margin
QVCD
QVCD
SEB
SEB
Q4 25
5.6%
2.7%
Q3 25
4.6%
3.3%
Q2 25
-114.5%
2.1%
Q1 25
1.5%
1.6%
Q4 24
-47.1%
4.6%
Q3 24
7.8%
1.4%
Q2 24
7.6%
1.4%
Q1 24
7.4%
-0.9%
Net Margin
QVCD
QVCD
SEB
SEB
Q4 25
1.5%
10.6%
Q3 25
0.1%
4.3%
Q2 25
-109.1%
4.2%
Q1 25
-2.2%
1.4%
Q4 24
-46.0%
6.3%
Q3 24
2.4%
-6.7%
Q2 24
2.5%
2.8%
Q1 24
2.4%
1.0%
EPS (diluted)
QVCD
QVCD
SEB
SEB
Q4 25
$262.58
Q3 25
$113.71
Q2 25
$105.22
Q1 25
$32.95
Q4 24
$158.58
Q3 24
$-153.44
Q2 24
$62.82
Q1 24
$22.66

Balance Sheet & Financial Strength

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

Metric
QVCD
QVCD
SEB
SEB
Cash + ST InvestmentsLiquidity on hand
$1.5B
$1.2B
Total DebtLower is stronger
$1.0M
Stockholders' EquityBook value
$1.2B
$5.2B
Total Assets
$8.5B
$8.2B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QVCD
QVCD
SEB
SEB
Q4 25
$1.5B
$1.2B
Q3 25
$1.2B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$297.0M
$1.2B
Q3 24
$297.0M
$1.2B
Q2 24
$315.0M
$1.2B
Q1 24
$311.0M
$1.2B
Total Debt
QVCD
QVCD
SEB
SEB
Q4 25
$1.0M
Q3 25
$5.0B
Q2 25
$4.0B
Q1 25
$4.0B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.7B
Q1 24
$3.8B
Stockholders' Equity
QVCD
QVCD
SEB
SEB
Q4 25
$1.2B
$5.2B
Q3 25
$1.2B
$5.0B
Q2 25
$1.2B
$4.8B
Q1 25
$3.3B
$4.7B
Q4 24
$3.3B
$4.7B
Q3 24
$4.6B
$4.5B
Q2 24
$4.3B
$4.7B
Q1 24
$4.2B
$4.6B
Total Assets
QVCD
QVCD
SEB
SEB
Q4 25
$8.5B
$8.2B
Q3 25
$8.3B
$8.0B
Q2 25
$7.4B
$7.9B
Q1 25
$9.7B
$7.6B
Q4 24
$9.9B
$7.7B
Q3 24
$9.9B
$7.5B
Q2 24
$11.2B
$7.7B
Q1 24
$11.4B
$7.6B
Debt / Equity
QVCD
QVCD
SEB
SEB
Q4 25
0.00×
Q3 25
4.30×
Q2 25
3.42×
Q1 25
1.22×
Q4 24
1.01×
Q3 24
0.73×
Q2 24
0.87×
Q1 24
0.89×

Cash Flow & Capital Efficiency

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

Metric
QVCD
QVCD
SEB
SEB
Operating Cash FlowLast quarter
$245.0M
$188.0M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
2.2%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
6.62×
0.74×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QVCD
QVCD
SEB
SEB
Q4 25
$245.0M
$188.0M
Q3 25
$76.0M
$319.0M
Q2 25
$52.0M
$81.0M
Q1 25
$46.0M
$-20.0M
Q4 24
$189.0M
$300.0M
Q3 24
$98.0M
$194.0M
Q2 24
$164.0M
$6.0M
Q1 24
$84.0M
$19.0M
Free Cash Flow
QVCD
QVCD
SEB
SEB
Q4 25
$53.0M
Q3 25
$152.0M
Q2 25
$-70.0M
Q1 25
$-129.0M
Q4 24
$162.0M
Q3 24
$58.0M
Q2 24
$-127.0M
Q1 24
$-85.0M
FCF Margin
QVCD
QVCD
SEB
SEB
Q4 25
2.2%
Q3 25
6.0%
Q2 25
-2.8%
Q1 25
-5.6%
Q4 24
6.5%
Q3 24
2.6%
Q2 24
-5.7%
Q1 24
-3.9%
Capex Intensity
QVCD
QVCD
SEB
SEB
Q4 25
5.6%
Q3 25
6.6%
Q2 25
6.1%
Q1 25
4.7%
Q4 24
5.6%
Q3 24
6.1%
Q2 24
6.0%
Q1 24
4.7%
Cash Conversion
QVCD
QVCD
SEB
SEB
Q4 25
6.62×
0.74×
Q3 25
38.00×
2.90×
Q2 25
0.78×
Q1 25
-0.63×
Q4 24
1.92×
Q3 24
1.92×
Q2 24
3.09×
0.10×
Q1 24
1.65×
0.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

SEB
SEB

Commodity Trading And Milling$1.3B52%
Pork Segment$469.0M19%
Marine$444.0M18%
Other$108.0M4%
Energy Service$56.0M2%
Product And Service Other Services$15.0M1%
Transportation$6.0M0%

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