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QVC INC（QVCD）与Roper Technologies（ROP）财务数据对比。点击上方公司名可切换其他公司
QVC INC的季度营收约是Roper Technologies的1.2倍（$2.4B vs $2.1B），Roper Technologies净利率更高（15.8% vs 1.5%，领先14.3%），Roper Technologies同比增速更快（11.3% vs -8.9%），过去两年Roper Technologies的营收复合增速更高（10.5% 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。
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
QVCD vs ROP — 直观对比
营收规模更大
QVCD
是对方的1.2倍
$2.1B
营收增速更快
ROP
高出20.2%
-8.9%
净利率更高
ROP
高出14.3%
1.5%
两年增速更快
ROP
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $2.1B |
| 净利润 | $37.0M | $331.0M |
| 毛利率 | 32.5% | 69.4% |
| 营业利润率 | 5.6% | 27.2% |
| 净利率 | 1.5% | 15.8% |
| 营收同比 | -8.9% | 11.3% |
| 净利润同比 | 103.0% | 842.6% |
| 每股收益（稀释后） | — | $4.87 |
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QVCDROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.4B | $2.1B | ||
| Q3 25 | $2.0B | $2.0B | ||
| Q2 25 | $2.0B | $1.9B | ||
| Q1 25 | $1.9B | $1.9B | ||
| Q4 24 | $2.7B | $1.9B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $2.1B | $1.7B |
净利润QVCDROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $37.0M | $428.4M | ||
| Q3 25 | $2.0M | $398.5M | ||
| Q2 25 | $-2.2B | $378.3M | ||
| Q1 25 | $-42.0M | $331.1M | ||
| Q4 24 | $-1.2B | $462.3M | ||
| Q3 24 | $51.0M | $367.9M | ||
| Q2 24 | $53.0M | $337.1M |
毛利率QVCDROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | 32.5% | 69.5% | ||
| Q3 25 | 33.6% | 69.5% | ||
| Q2 25 | 35.4% | 69.2% | ||
| Q1 25 | 33.3% | 68.7% | ||
| Q4 24 | 32.6% | 68.3% | ||
| Q3 24 | 34.7% | 69.2% | ||
| Q2 24 | 35.6% | 69.5% |
营业利润率QVCDROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 5.6% | 28.6% | ||
| Q3 25 | 4.6% | 28.4% | ||
| Q2 25 | -114.5% | 28.2% | ||
| Q1 25 | 1.5% | 27.9% | ||
| Q4 24 | -47.1% | 28.0% | ||
| Q3 24 | 7.8% | 28.1% | ||
| Q2 24 | 7.6% | 28.8% |
净利率QVCDROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | 1.5% | 20.8% | ||
| Q3 25 | 0.1% | 19.8% | ||
| Q2 25 | -109.1% | 19.5% | ||
| Q1 25 | -2.2% | 17.6% | ||
| Q4 24 | -46.0% | 24.6% | ||
| Q3 24 | 2.4% | 20.8% | ||
| Q2 24 | 2.5% | 19.6% |
每股收益（稀释后）QVCDROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | — | $3.97 | ||
| Q3 25 | — | $3.68 | ||
| Q2 25 | — | $3.49 | ||
| Q1 25 | — | $3.06 | ||
| Q4 24 | — | $4.29 | ||
| Q3 24 | — | $3.40 | ||
| Q2 24 | — | $3.12 |
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 | $382.9M |
| 总债务越低越好 | $1.0M | $9.7B |
| 股东权益账面价值 | $1.2B | $18.8B |
| 总资产 | $8.5B | $34.6B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资QVCDROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | $1.5B | $297.4M | ||
| Q3 25 | — | $320.0M | ||
| Q2 25 | — | $242.4M | ||
| Q1 25 | — | $372.8M | ||
| Q4 24 | $297.0M | $188.2M | ||
| Q3 24 | $297.0M | $269.6M | ||
| Q2 24 | $315.0M | $251.5M |
总债务QVCDROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | $1.0M | $9.3B | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $3.3B | $7.6B | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.7B | — |
股东权益QVCDROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | $1.2B | $19.9B | ||
| Q3 25 | $1.2B | $20.0B | ||
| Q2 25 | $1.2B | $19.6B | ||
| Q1 25 | $3.3B | $19.2B | ||
| Q4 24 | $3.3B | $18.9B | ||
| Q3 24 | $4.6B | $18.5B | ||
| Q2 24 | $4.3B | $18.1B |
总资产QVCDROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $8.5B | $34.6B | ||
| Q3 25 | $8.3B | $34.6B | ||
| Q2 25 | $7.4B | $33.2B | ||
| Q1 25 | $9.7B | $31.4B | ||
| Q4 24 | $9.9B | $31.3B | ||
| Q3 24 | $9.9B | $31.6B | ||
| Q2 24 | $11.2B | $29.8B |
负债/权益比QVCDROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | 0.00× | 0.47× | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 3.42× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | 1.01× | 0.40× | ||
| Q3 24 | 0.73× | — | ||
| Q2 24 | 0.87× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | $507.0M |
| 自由现金流率自由现金流/营收 | — | 24.2% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | 6.62× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流QVCDROP
| Q1 26 | — | — | ||
| Q4 25 | $245.0M | $738.0M | ||
| Q3 25 | $76.0M | $869.5M | ||
| Q2 25 | $52.0M | $404.1M | ||
| Q1 25 | $46.0M | $528.7M | ||
| Q4 24 | $189.0M | $722.2M | ||
| Q3 24 | $98.0M | $755.4M | ||
| Q2 24 | $164.0M | $384.1M |
自由现金流QVCDROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率QVCDROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度QVCDROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率QVCDROP
| Q1 26 | — | — | ||
| Q4 25 | 6.62× | 1.72× | ||
| Q3 25 | 38.00× | 2.18× | ||
| Q2 25 | — | 1.07× | ||
| Q1 25 | — | 1.60× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | 1.92× | 2.05× | ||
| Q2 24 | 3.09× | 1.14× |
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% |
ROP
暂无分部数据
