Flagship explainer

What drives QVC GROUP, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity120%Tax burden94%net income ÷ pretax incomeInterest burden123%pretax ÷ operating incomeOperating margin−23%operating income ÷ revenueAsset turnover1.09×revenue ÷ average assetsEquity multiplier-4.15×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$2.4BFY2025
Income before tax−$2.6BFY2025
Operating income−$2.1BFY2025
$9.2BFY2025
Ending assets$7.6BFY2025
Beginning assets$9.2BFY2024
−$3.1BFY2025
−$971MFY2024
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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