Qurate Retail, Inc. (QRTEB)

Qurate Retail Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10,613	10,915	12,106	14,044	14,177	13,458
Revenue Growth (YoY)	-10.57%	-9.84%	-13.80%	-0.94%	5.34%	-4.35%
Cost of Revenue	7,531	8,432	8,417	9,231	9,291	8,899
Gross Profit	3,082	2,483	3,689	4,813	4,886	4,559
Selling, General & Admin	1,799	1,869	1,945	1,930	1,885	1,758
Other Operating Expenses	-183	0	796	1,412	1,429	1,450
Operating Expenses	2,387	1,869	2,741	3,342	3,314	3,208
Operating Income	890	614	1,096	1,087	1,572	1,170
Interest Income	150	52	456	468	408	374
Interest Expense	474	451	456	468	408	374
Other Expense / Income	581	200	3,404	530	587	1,792
Pretax Income	32	66	-2,308	638	1,051	-622
Income Tax	151	160	224	217	-211	-217
Net Income	-166	-145	-2,532	340	1,196	-405
Net Income Growth	-	-	-	-71.57%	-	-
Shares Outstanding (Basic)	392	387	380	403	416	424
Shares Outstanding (Diluted)	392	387	380	415	421	424
Shares Change	2.08%	1.84%	-8.43%	-1.43%	-0.71%	-8.82%
EPS (Basic)	-0.42	-0.37	-6.66	0.84	2.89	-0.96
EPS (Diluted)	-0.42	-0.37	-6.66	0.82	2.86	-0.96
EPS Growth	-	-	-	-71.33%	-	-
Free Cash Flow	527	397	-119	794	2,142	825
Free Cash Flow Per Share	1.34	1.03	-0.31	1.91	5.09	1.95
Gross Margin	29.04%	22.75%	30.47%	34.27%	34.46%	33.88%
Operating Margin	8.39%	5.63%	9.05%	7.74%	11.09%	8.69%
Profit Margin	-1.56%	-1.33%	-20.92%	2.42%	8.44%	-3.01%
Free Cash Flow Margin	4.97%	3.64%	-0.98%	5.65%	15.11%	6.13%
Effective Tax Rate	471.88%	242.42%	-	34.01%	-20.08%	-
EBITDA	1,126	1,021	1,577	1,928	2,131	1,776
EBITDA Margin	10.61%	9.35%	13.03%	13.73%	15.03%	13.20%
Depreciation & Amortization	406	407	481	537	562	606
EBIT	720	614	1,096	1,391	1,569	1,170
EBIT Margin	6.78%	5.63%	9.05%	9.90%	11.07%	8.69%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.