Qurate Retail Inc gross margin has been in long-term decline. The average rate of decline per year is -1.3%.
The historical rank and industry rank for Qurate Retail's Gross Margin % or its related term are showing as below:
QRTEA'
s Gross Margin % Range Over the Past 10 Years
Min: 30.47 Med: 34.51 Max: 36.4
Current: 33.76
During the past 13 years, the highestGross Margin % of Qurate Retail was 36.40%. The lowest was 30.47%. And the median was 34.51%.
QRTEA's Gross Margin % is ranked worse than 56.02% of 1096
companies
in the Retail - Cyclical industry
Industry Median: 36.74
vs QRTEA: 33.76
Qurate Retail had a gross margin of 33.69% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Qurate Retail was -1.30% per year.
Qurate Retail Gross Margin % Historical Data
The historical data trend for Qurate Retail's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Qurate Retail's Gross Margin %
For the Internet Retail subindustry, Qurate Retail's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Qurate Retail's Gross Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Qurate Retail's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Qurate Retail's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Qurate Retail had a gross margin of 33.69% for the quarter that ended in Dec. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Qurate Retail Gross Margin % Related Terms
Thank you for viewing the detailed overview of Qurate Retail's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Qurate Retail (Qurate Retail) Business Description
Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, primarily using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, primarily using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Its geographical segments include the U.S, Japan, Germany, and Other countries.
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