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QVC INC（QVCD）与TELUS CORP（TU）财务数据对比。点击上方公司名可切换其他公司
TELUS CORP的季度营收约是QVC INC的1.5倍（$3.7B vs $2.4B），QVC INC净利率更高（1.5% vs -4.8%，领先6.3%），TELUS CORP同比增速更快（2.2% vs -8.9%）
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。
TELUS是加拿大上市综合控股集团，总部位于不列颠哥伦比亚省温哥华。旗下业务涵盖四大板块：通信业务提供固话、电视、数据及互联网服务；移动业务提供无线通信服务；健康板块提供医疗产品及服务；数字业务面向全球提供多语种客户服务外包与数字IT服务。
QVCD vs TU — 直观对比
营收规模更大
TU
是对方的1.5倍
$2.4B
营收增速更快
TU
高出11.1%
-8.9%
净利率更高
QVCD
高出6.3%
-4.8%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $3.7B |
| 净利润 | $37.0M | $-178.8M |
| 毛利率 | 32.5% | 90.2% |
| 营业利润率 | 5.6% | 3.4% |
| 净利率 | 1.5% | -4.8% |
| 营收同比 | -8.9% | 2.2% |
| 净利润同比 | 103.0% | -210.9% |
| 每股收益（稀释后） | — | — |
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QVCDTU
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | $3.7B | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.1B | $3.6B | ||
| Q1 24 | $2.1B | — |
净利润QVCDTU
| Q4 25 | $37.0M | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $-2.2B | $-178.8M | ||
| Q1 25 | $-42.0M | — | ||
| Q4 24 | $-1.2B | — | ||
| Q3 24 | $51.0M | — | ||
| Q2 24 | $53.0M | $161.3M | ||
| Q1 24 | $51.0M | — |
毛利率QVCDTU
| Q4 25 | 32.5% | — | ||
| Q3 25 | 33.6% | — | ||
| Q2 25 | 35.4% | 90.2% | ||
| Q1 25 | 33.3% | — | ||
| Q4 24 | 32.6% | — | ||
| Q3 24 | 34.7% | — | ||
| Q2 24 | 35.6% | 87.9% | ||
| Q1 24 | 35.0% | — |
营业利润率QVCDTU
| Q4 25 | 5.6% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | -114.5% | 3.4% | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | -47.1% | — | ||
| Q3 24 | 7.8% | — | ||
| Q2 24 | 7.6% | 13.7% | ||
| Q1 24 | 7.4% | — |
净利率QVCDTU
| Q4 25 | 1.5% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | -109.1% | -4.8% | ||
| Q1 25 | -2.2% | — | ||
| Q4 24 | -46.0% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 2.5% | 4.4% | ||
| Q1 24 | 2.4% | — |
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 | $2.7B |
| 总债务越低越好 | $1.0M | — |
| 股东权益账面价值 | $1.2B | $11.8B |
| 总资产 | $8.5B | $44.3B |
| 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QVCDTU
| Q4 25 | $1.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | — | ||
| Q4 24 | $297.0M | — | ||
| Q3 24 | $297.0M | — | ||
| Q2 24 | $315.0M | $676.7M | ||
| Q1 24 | $311.0M | — |
总债务QVCDTU
| 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QVCDTU
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | $11.8B | ||
| Q1 25 | $3.3B | — | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.3B | $12.4B | ||
| Q1 24 | $4.2B | — |
总资产QVCDTU
| Q4 25 | $8.5B | — | ||
| Q3 25 | $8.3B | — | ||
| Q2 25 | $7.4B | $44.3B | ||
| Q1 25 | $9.7B | — | ||
| Q4 24 | $9.9B | — | ||
| Q3 24 | $9.9B | — | ||
| Q2 24 | $11.2B | $41.8B | ||
| Q1 24 | $11.4B | — |
负债/权益比QVCDTU
| 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 | $851.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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QVCDTU
| Q4 25 | $245.0M | — | ||
| Q3 25 | $76.0M | — | ||
| Q2 25 | $52.0M | $851.2M | ||
| Q1 25 | $46.0M | — | ||
| Q4 24 | $189.0M | — | ||
| Q3 24 | $98.0M | — | ||
| Q2 24 | $164.0M | $1.0B | ||
| Q1 24 | $84.0M | — |
现金转化率QVCDTU
| Q4 25 | 6.62× | — | ||
| Q3 25 | 38.00× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 3.09× | 6.28× | ||
| Q1 24 | 1.65× | — |
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% |
TU
暂无分部数据
