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QVC Group, Inc.（QVCGA）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 Group, Inc.的季度营收约是Roper Technologies的1.3倍（$2.7B vs $2.1B），Roper Technologies净利率更高（15.8% vs -1.4%，领先17.2%），Roper Technologies同比增速更快（11.3% vs -9.1%），Roper Technologies自由现金流更多（$507.0M vs $191.0M），过去两年Roper Technologies的营收复合增速更高（10.5% vs 6.9%）
QVC集团是一家美国媒体 conglomerate 企业，由董事长约翰·C·马龙控制，马龙持有该公司多数具有投票权的股份，主营媒体相关业务，是美国本土颇具影响力的传媒集团。
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。
QVCGA vs ROP — 直观对比
营收规模更大
QVCGA
是对方的1.3倍
$2.1B
营收增速更快
ROP
高出20.4%
-9.1%
净利率更高
ROP
高出17.2%
-1.4%
自由现金流更多
ROP
多$316.0M
$191.0M
两年增速更快
ROP
近两年复合增速
6.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $2.1B |
| 净利润 | $-37.0M | $331.0M |
| 毛利率 | 32.9% | 69.4% |
| 营业利润率 | 3.7% | 27.2% |
| 净利率 | -1.4% | 15.8% |
| 营收同比 | -9.1% | 11.3% |
| 净利润同比 | 97.1% | 53.7% |
| 每股收益（稀释后） | $-17.37 | $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QVCGAROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.7B | $2.1B | ||
| Q3 25 | $2.2B | $2.0B | ||
| Q2 25 | $2.2B | $1.9B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $2.9B | $1.9B | ||
| Q3 24 | $2.3B | $1.8B | ||
| Q2 24 | $2.4B | $1.7B |
净利润QVCGAROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $-37.0M | $428.4M | ||
| Q3 25 | $-80.0M | $398.5M | ||
| Q2 25 | $-2.2B | $378.3M | ||
| Q1 25 | $-100.0M | $331.1M | ||
| Q4 24 | $-1.3B | $462.3M | ||
| Q3 24 | $-23.0M | $367.9M | ||
| Q2 24 | $20.0M | $337.1M |
毛利率QVCGAROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | 32.9% | 69.5% | ||
| Q3 25 | 34.0% | 69.5% | ||
| Q2 25 | 36.4% | 69.2% | ||
| Q1 25 | 34.2% | 68.7% | ||
| Q4 24 | 33.3% | 68.3% | ||
| Q3 24 | 35.3% | 69.2% | ||
| Q2 24 | 36.4% | 69.5% |
营业利润率QVCGAROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 3.7% | 28.6% | ||
| Q3 25 | 2.7% | 28.4% | ||
| Q2 25 | -101.6% | 28.2% | ||
| Q1 25 | 0.7% | 27.9% | ||
| Q4 24 | -43.2% | 28.0% | ||
| Q3 24 | 6.5% | 28.1% | ||
| Q2 24 | 6.9% | 28.8% |
净利率QVCGAROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | -1.4% | 20.8% | ||
| Q3 25 | -3.6% | 19.8% | ||
| Q2 25 | -99.4% | 19.5% | ||
| Q1 25 | -4.8% | 17.6% | ||
| Q4 24 | -43.7% | 24.6% | ||
| Q3 24 | -1.0% | 20.8% | ||
| Q2 24 | 0.8% | 19.6% |
每股收益（稀释后）QVCGAROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | $-17.37 | $3.97 | ||
| Q3 25 | $-9.89 | $3.68 | ||
| Q2 25 | $-275.46 | $3.49 | ||
| Q1 25 | $-0.25 | $3.06 | ||
| Q4 24 | — | $4.29 | ||
| Q3 24 | $-0.06 | $3.40 | ||
| Q2 24 | $2.57 | $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 | $2.0B | $382.9M |
| 总债务越低越好 | $790.0M | $9.7B |
| 股东权益账面价值 | $-3.1B | $18.8B |
| 总资产 | $7.6B | $34.6B |
| 负债/权益比越低杠杆越低 | — | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资QVCGAROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | $2.0B | $297.4M | ||
| Q3 25 | $1.8B | $320.0M | ||
| Q2 25 | $897.0M | $242.4M | ||
| Q1 25 | $833.0M | $372.8M | ||
| Q4 24 | $905.0M | $188.2M | ||
| Q3 24 | $873.0M | $269.6M | ||
| Q2 24 | $1.2B | $251.5M |
总债务QVCGAROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | $790.0M | $9.3B | ||
| Q3 25 | $5.9B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | $5.0B | — | ||
| Q4 24 | $4.1B | $7.6B | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.3B | — |
股东权益QVCGAROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | $-3.1B | $19.9B | ||
| Q3 25 | $-3.1B | $20.0B | ||
| Q2 25 | $-3.0B | $19.6B | ||
| Q1 25 | $-981.0M | $19.2B | ||
| Q4 24 | $-971.0M | $18.9B | ||
| Q3 24 | $397.0M | $18.5B | ||
| Q2 24 | $328.0M | $18.1B |
总资产QVCGAROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $7.6B | $34.6B | ||
| Q3 25 | $7.6B | $34.6B | ||
| Q2 25 | $6.7B | $33.2B | ||
| Q1 25 | $9.0B | $31.4B | ||
| Q4 24 | $9.2B | $31.3B | ||
| Q3 24 | $10.8B | $31.6B | ||
| Q2 24 | $10.9B | $29.8B |
负债/权益比QVCGAROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | 12.74× | — | ||
| Q2 24 | 16.28× | — |
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 | $244.0M | — |
| 自由现金流经营现金流 - 资本支出 | $191.0M | $507.0M |
| 自由现金流率自由现金流/营收 | 7.1% | 24.2% |
| 资本支出强度资本支出/营收 | 2.0% | 0.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $118.0M | — |
8季度趋势，按日历期对齐
经营现金流QVCGAROP
| Q1 26 | — | — | ||
| Q4 25 | $244.0M | $738.0M | ||
| Q3 25 | $4.0M | $869.5M | ||
| Q2 25 | $86.0M | $404.1M | ||
| Q1 25 | $-60.0M | $528.7M | ||
| Q4 24 | $212.0M | $722.2M | ||
| Q3 24 | $20.0M | $755.4M | ||
| Q2 24 | $267.0M | $384.1M |
自由现金流QVCGAROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | $191.0M | — | ||
| Q3 25 | $-27.0M | — | ||
| Q2 25 | $48.0M | — | ||
| Q1 25 | $-94.0M | — | ||
| Q4 24 | $150.0M | — | ||
| Q3 24 | $-23.0M | — | ||
| Q2 24 | $213.0M | — |
自由现金流率QVCGAROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | -1.2% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | -4.5% | — | ||
| Q4 24 | 5.1% | — | ||
| Q3 24 | -1.0% | — | ||
| Q2 24 | 8.8% | — |
资本支出强度QVCGAROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | 2.0% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 2.2% | — |
现金转化率QVCGAROP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 2.18× | ||
| Q2 25 | — | 1.07× | ||
| Q1 25 | — | 1.60× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 2.05× | ||
| Q2 24 | 13.35× | 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
QVCGA
| Other | $915.0M | 34% |
| Home | $754.0M | 28% |
| Beauty | $260.0M | 10% |
| Apparel | $254.0M | 9% |
| Electronics | $187.0M | 7% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 3% |
| Manufactured Product Other | $38.0M | 1% |
ROP
暂无分部数据
