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QVC INC（QVCD）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
Raymond James Financial的季度营收约是QVC INC的1.7倍（$4.2B vs $2.4B），Raymond James Financial净利率更高（13.5% vs 1.5%，领先12.0%），Raymond James Financial同比增速更快（3.5% vs -8.9%），过去两年Raymond James Financial的营收复合增速更高（7.1% vs 7.1%）
QVC集团是一家美国媒体 conglomerate，由公司董事长约翰·C·马龙控股，马龙持有该集团多数有表决权股份，业务覆盖媒体相关领域，是美国颇具影响力的传媒企业集团。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
QVCD vs RJF — 直观对比
营收规模更大
RJF
是对方的1.7倍
$2.4B
营收增速更快
RJF
高出12.4%
-8.9%
净利率更高
RJF
高出12.0%
1.5%
两年增速更快
RJF
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $4.2B |
| 净利润 | $37.0M | $563.0M |
| 毛利率 | 32.5% | — |
| 营业利润率 | 5.6% | — |
| 净利率 | 1.5% | 13.5% |
| 营收同比 | -8.9% | 3.5% |
| 净利润同比 | 103.0% | -6.2% |
| 每股收益（稀释后） | — | $2.79 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收QVCDRJF
| Q4 25 | $2.4B | $4.2B | ||
| Q3 25 | $2.0B | $4.2B | ||
| Q2 25 | $2.0B | $3.8B | ||
| Q1 25 | $1.9B | $3.8B | ||
| Q4 24 | $2.7B | $4.0B | ||
| Q3 24 | $2.1B | $4.0B | ||
| Q2 24 | $2.1B | $3.8B | ||
| Q1 24 | $2.1B | $3.6B |
净利润QVCDRJF
| Q4 25 | $37.0M | $563.0M | ||
| Q3 25 | $2.0M | $604.0M | ||
| Q2 25 | $-2.2B | $436.0M | ||
| Q1 25 | $-42.0M | $495.0M | ||
| Q4 24 | $-1.2B | $600.0M | ||
| Q3 24 | $51.0M | $602.0M | ||
| Q2 24 | $53.0M | $492.0M | ||
| Q1 24 | $51.0M | $476.0M |
毛利率QVCDRJF
| Q4 25 | 32.5% | — | ||
| Q3 25 | 33.6% | — | ||
| Q2 25 | 35.4% | — | ||
| Q1 25 | 33.3% | — | ||
| Q4 24 | 32.6% | — | ||
| Q3 24 | 34.7% | — | ||
| Q2 24 | 35.6% | — | ||
| Q1 24 | 35.0% | — |
营业利润率QVCDRJF
| Q4 25 | 5.6% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | -114.5% | 14.7% | ||
| Q1 25 | 1.5% | 17.5% | ||
| Q4 24 | -47.1% | 18.6% | ||
| Q3 24 | 7.8% | — | ||
| Q2 24 | 7.6% | 17.1% | ||
| Q1 24 | 7.4% | 16.7% |
净利率QVCDRJF
| Q4 25 | 1.5% | 13.5% | ||
| Q3 25 | 0.1% | 14.4% | ||
| Q2 25 | -109.1% | 11.3% | ||
| Q1 25 | -2.2% | 12.9% | ||
| Q4 24 | -46.0% | 14.9% | ||
| Q3 24 | 2.4% | 15.0% | ||
| Q2 24 | 2.5% | 13.1% | ||
| Q1 24 | 2.4% | 13.1% |
每股收益（稀释后）QVCDRJF
| Q4 25 | — | $2.79 | ||
| Q3 25 | — | $2.96 | ||
| Q2 25 | — | $2.12 | ||
| Q1 25 | — | $2.36 | ||
| Q4 24 | — | $2.86 | ||
| Q3 24 | — | $2.85 | ||
| Q2 24 | — | $2.31 | ||
| Q1 24 | — | $2.22 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.5B | $9.9B |
| 总债务越低越好 | $1.0M | — |
| 股东权益账面价值 | $1.2B | $12.6B |
| 总资产 | $8.5B | $88.8B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资QVCDRJF
| Q4 25 | $1.5B | $9.9B | ||
| Q3 25 | — | $11.4B | ||
| Q2 25 | — | $9.2B | ||
| Q1 25 | — | $9.7B | ||
| Q4 24 | $297.0M | $10.0B | ||
| Q3 24 | $297.0M | $11.0B | ||
| Q2 24 | $315.0M | $9.1B | ||
| Q1 24 | $311.0M | $10.0B |
总债务QVCDRJF
| 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 | — |
股东权益QVCDRJF
| Q4 25 | $1.2B | $12.6B | ||
| Q3 25 | $1.2B | $12.5B | ||
| Q2 25 | $1.2B | $12.3B | ||
| Q1 25 | $3.3B | $12.2B | ||
| Q4 24 | $3.3B | $11.9B | ||
| Q3 24 | $4.6B | $11.7B | ||
| Q2 24 | $4.3B | $11.2B | ||
| Q1 24 | $4.2B | $11.0B |
总资产QVCDRJF
| Q4 25 | $8.5B | $88.8B | ||
| Q3 25 | $8.3B | $88.2B | ||
| Q2 25 | $7.4B | $84.8B | ||
| Q1 25 | $9.7B | $83.1B | ||
| Q4 24 | $9.9B | $82.3B | ||
| Q3 24 | $9.9B | $83.0B | ||
| Q2 24 | $11.2B | $80.6B | ||
| Q1 24 | $11.4B | $81.2B |
负债/权益比QVCDRJF
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $245.0M | $-10.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-56.0M |
| 自由现金流率自由现金流/营收 | — | -1.3% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | 6.62× | -0.02× |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流QVCDRJF
| Q4 25 | $245.0M | $-10.0M | ||
| Q3 25 | $76.0M | $796.0M | ||
| Q2 25 | $52.0M | $691.0M | ||
| Q1 25 | $46.0M | $117.0M | ||
| Q4 24 | $189.0M | $830.0M | ||
| Q3 24 | $98.0M | $510.0M | ||
| Q2 24 | $164.0M | $711.0M | ||
| Q1 24 | $84.0M | $391.0M |
自由现金流QVCDRJF
| Q4 25 | — | $-56.0M | ||
| Q3 25 | — | $752.0M | ||
| Q2 25 | — | $634.0M | ||
| Q1 25 | — | $71.0M | ||
| Q4 24 | — | $789.0M | ||
| Q3 24 | — | $460.0M | ||
| Q2 24 | — | $655.0M | ||
| Q1 24 | — | $342.0M |
自由现金流率QVCDRJF
| Q4 25 | — | -1.3% | ||
| Q3 25 | — | 17.9% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | — | 9.4% |
资本支出强度QVCDRJF
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 1.3% |
现金转化率QVCDRJF
| Q4 25 | 6.62× | -0.02× | ||
| Q3 25 | 38.00× | 1.32× | ||
| Q2 25 | — | 1.58× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 1.38× | ||
| Q3 24 | 1.92× | 0.85× | ||
| Q2 24 | 3.09× | 1.45× | ||
| Q1 24 | 1.65× | 0.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
QVCD
| Home | $754.0M | 31% |
| QVC International | $661.0M | 27% |
| Beauty | $260.0M | 11% |
| Apparel | $254.0M | 10% |
| Electronics | $187.0M | 8% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 4% |
| Otherrevenue | $38.0M | 2% |
RJF
暂无分部数据
