AMC Networks Inc. (AMCX) 10-Year Financial Performance & Capital Metrics

AMCX • • Industrial / General

Communication ServicesEntertainmentMedia Networks & BroadcastingCable & Premium Networks

AboutAMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, Domestic Operations, and International and Other. The Domestic Operations segment operates various national programming networks, including the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films name. This segment also produces and licenses original programming for various programming networks, as well as services the national programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.Show more

Revenue $2.42B -10.7%
EBITDA $948M -32.4%
Net Income -$227M -205.1%
EPS (Diluted) -4.50 -191.8%
Gross Margin 53.22% +4.3%
EBITDA Margin 39.14% -24.3%
Operating Margin -1.64% -111.4%
Net Margin -9.36% -217.8%
ROE -20.6% -213.1%
ROIC -1.03% -111.2%
Debt/Equity 2.59 +31.3%
Interest Coverage -0.24 -109.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.5x book value

✗Weaknesses

✗High debt to equity ratio of 2.6x
✗Shares diluted 14.5% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y1.08%

5Y-4.58%

3Y-7.68%

TTM-7.38%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-486.34%

EPS CAGR

10Y-

5Y-

3Y-

TTM-363.83%

ROCE

10Y Avg11.92%

5Y Avg6.1%

3Y Avg3.34%

Latest-1.03%

Peer Comparison

Cable & Premium Networks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
STRZStarz Entertainment Corp.	183.71M	10.98	-0.87	-1.64%	-13.92%	-40.76%		1.42
PSKYParamount Skydance Corporation Class B Common Stock	12.68B	11.83	-1.27	-1.48%	0.52%	1.13%	3.86%	0.94
AMCXAMC Networks Inc.	269.16M	8.40	-1.87	-10.71%	-6.03%	-12.21%	100%	2.59

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.58B	2.76B	2.81B	2.97B	3.06B	2.81B	3.08B	3.1B	2.71B	2.42B
Revenue Growth %	0.19%	0.07%	0.02%	0.06%	0.03%	-0.08%	0.09%	0.01%	-0.12%	-0.11%
Cost of Goods Sold+	1.14B	1.28B	1.34B	1.45B	1.51B	1.4B	1.43B	1.52B	1.33B	1.13B
COGS % of Revenue	0.44%	0.46%	0.48%	0.49%	0.49%	0.5%	0.47%	0.49%	0.49%	0.47%
Gross Profit+	1.44B	1.48B	1.46B	1.53B	1.55B	1.41B	1.65B	1.58B	1.38B	1.29B
Gross Margin %	0.56%	0.54%	0.52%	0.51%	0.51%	0.5%	0.53%	0.51%	0.51%	0.53%
Gross Profit Growth %	0.21%	0.02%	-0.01%	0.04%	0.02%	-0.09%	0.16%	-0.04%	-0.12%	-0.07%
Operating Expenses+	719.61M	720.81M	707.98M	748.74M	928.06M	970.72M	1.16B	1.49B	995.97M	1.33B
OpEx % of Revenue	0.28%	0.26%	0.25%	0.25%	0.3%	0.34%	0.38%	0.48%	0.37%	0.55%
Selling, General & Admin	636.58M	636.03M	613.34M	657.46M	679.44M	708.82M	891.73M	896.82M	764.09M	781.33M
SG&A % of Revenue	0.25%	0.23%	0.22%	0.22%	0.22%	0.25%	0.29%	0.29%	0.28%	0.32%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-691K	-33.52M	40.32M	91.28M	248.62M	261.9M	263.87M	596.91M	231.88M	546.99M
Operating Income+	709.19M	657.56M	722.36M	726.91M	625.28M	442.64M	489.92M	86.92M	388.41M	-39.6M
Operating Margin %	0.27%	0.24%	0.26%	0.24%	0.2%	0.16%	0.16%	0.03%	0.14%	-0.02%
Operating Income Growth %	0.3%	-0.07%	0.1%	0.01%	-0.14%	-0.29%	0.11%	-0.82%	3.47%	-1.1%
EBITDA+	792.22M	1.6B	1.73B	1.75B	1.7B	1.39B	1.49B	1.24B	1.4B	947.81M
EBITDA Margin %	0.31%	0.58%	0.62%	0.59%	0.56%	0.49%	0.49%	0.4%	0.52%	0.39%
EBITDA Growth %	0.29%	1.01%	0.08%	0.01%	-0.03%	-0.18%	0.07%	-0.17%	0.13%	-0.32%
D&A (Non-Cash Add-back)	83.03M	937.89M	1.01B	1.02B	1.08B	948.42M	1B	1.15B	1.01B	987.41M
EBIT	767.39M	577.63M	774.98M	773.82M	643.98M	540.99M	503.31M	103.81M	448.71M	-8.31M
Net Interest Income+	-125.71M	-118.57M	-119.3M	-135.81M	-133.09M	-108.58M	-118.83M	-120.44M	-115.69M	-129.38M
Interest Income	2.43M	5.06M	14.7M	19.18M	24.71M	30.03M	10.24M	13.33M	37.02M	36.8M
Interest Expense	128.13M	123.63M	134M	154.99M	157.8M	138.61M	129.07M	133.76M	152.7M	166.19M
Other Income/Expense	-126.4M	-202.73M	-81.98M	-106.64M	-139.09M	-40.27M	-115.69M	-116.87M	-92.41M	-134.9M
Pretax Income+	582.79M	454.82M	640.38M	620.27M	486.19M	402.38M	374.23M	-29.95M	296.01M	-174.5M
Pretax Margin %	0.23%	0.17%	0.23%	0.21%	0.16%	0.14%	0.12%	-0.01%	0.11%	-0.07%
Income Tax+	201.09M	164.86M	150.74M	156.31M	78.47M	145.39M	94.39M	-40.98M	94.61M	43.49M
Effective Tax Rate %	0.63%	0.59%	0.74%	0.72%	0.78%	0.6%	0.67%	-0.25%	0.73%	1.3%
Net Income+	366.79M	270.51M	471.32M	446.19M	380.49M	239.98M	250.6M	7.59M	215.46M	-226.55M
Net Margin %	0.14%	0.1%	0.17%	0.15%	0.12%	0.09%	0.08%	0%	0.08%	-0.09%
Net Income Growth %	0.41%	-0.26%	0.74%	-0.05%	-0.15%	-0.37%	0.04%	-0.97%	27.37%	-2.05%
Net Income (Continuing)	381.7M	289.96M	489.64M	463.97M	407.72M	256.99M	279.84M	11.03M	201.4M	-217.99M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	242.33M	247.77M	247.6M	328.09M	335.18M	341.94M	335.43M	300.49M	211.19M	84.55M
EPS (Diluted)+	5.01	3.74	7.18	7.57	6.67	4.64	5.77	0.17	4.90	-4.50
EPS Growth %	0.4%	-0.25%	0.92%	0.05%	-0.12%	-0.3%	0.24%	-0.97%	27.82%	-1.92%
EPS (Basic)	5.06	3.77	7.26	7.68	6.77	4.70	5.92	0.18	4.92	-5.10
Diluted Shares Outstanding	73.19M	72.41M	65.63M	58.95M	57.04M	51.73M	43.44M	43.73M	43.99M	50.38M
Basic Shares Outstanding	72.42M	71.75M	64.91M	58.07M	56.2M	51.02M	42.36M	43.13M	43.83M	44.44M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.54B	1.7B	1.88B	1.96B	2.33B	1.94B	2B	1.95B	1.62B	1.67B
Cash & Short-Term Investments	316.32M	481.39M	558.78M	554.89M	816.17M	888.53M	892.22M	930M	570.58M	784.65M
Cash Only	316.32M	481.39M	558.78M	554.89M	816.17M	888.53M	892.22M	930M	570.58M	784.65M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	678.67M	701.16M	775.89M	845.11M	857.14M	823.42M	884.79M	722.18M	664.4M	623.9M
Days Sales Outstanding	95.98	92.87	100.94	103.79	102.23	106.77	104.94	85.13	89.42	94.05
Inventory	89.19M	441.13M	91.73M	131.81M	0	13.48M	10.07M	0	0	0
Days Inventory Outstanding	28.63	125.79	24.96	33.27	-	3.51	2.57	-	-	-
Other Current Assets	454.49M	0	453.45M	442.19M	426.62M	300K	180K	297.68M	388.4M	262.26M
Total Non-Current Assets+	2.73B	2.78B	3.15B	3.32B	3.27B	3.31B	3.75B	3.68B	3.35B	2.69B
Property, Plant & Equipment	163.86M	166.64M	183.51M	246.26M	453.81M	402.57M	351.66M	310.26M	230.4M	201.43M
Fixed Asset Turnover	15.75x	16.54x	15.29x	12.07x	6.74x	6.99x	8.75x	9.98x	11.77x	12.02x
Goodwill	736.27M	657.71M	695.16M	798.04M	701.98M	686.41M	709.34M	643.42M	626.5M	246.3M
Intangible Assets	1.58B	1.59B	1.78B	1.79B	1.56B	1.68B	2.13B	2.12B	2.07B	1.93B
Long-Term Investments	33.87M	43.89M	29.92M	16.83M	0	435.57M	430.62M	0	0	172.04M
Other Non-Current Assets	200.8M	313.03M	447.94M	441.79M	496.46M	78.18M	114.54M	599.05M	406.85M	128.03M
Total Assets+	4.26B	4.48B	5.03B	5.28B	5.6B	5.25B	5.75B	5.63B	4.97B	4.36B
Asset Turnover	0.61x	0.62x	0.56x	0.56x	0.55x	0.54x	0.54x	0.55x	0.55x	0.56x
Asset Growth %	0.07%	0.05%	0.12%	0.05%	0.06%	-0.06%	0.1%	-0.02%	-0.12%	-0.12%
Total Current Liabilities+	830.92M	954.18M	744.1M	797.42M	804.34M	878.47M	1.06B	1.17B	943.42M	702.67M
Accounts Payable	71.15M	88.68M	102.2M	107.07M	94.31M	120.53M	173.21M	172.01M	89.47M	88.57M
Days Payables Outstanding	22.84	25.29	27.81	27.03	22.84	31.39	44.15	41.42	24.6	28.54
Short-Term Debt	151.56M	226.58M	0	21.33M	56.25M	75M	33.75M	33.75M	67.5M	7.5M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	420.44M	458.1M	453.22M	506.25M	394.44M	480.79M	519.07M	471.48M	395.09M	301.48M
Current Ratio	1.85x	1.78x	2.53x	2.46x	2.90x	2.21x	1.89x	1.67x	1.72x	2.38x
Quick Ratio	1.74x	1.32x	2.40x	2.30x	2.90x	2.19x	1.88x	1.67x	1.72x	2.38x
Cash Conversion Cycle	101.77	193.38	98.09	110.04	-	78.89	63.36	-	-	-
Total Non-Current Liabilities+	3.23B	3.31B	3.91B	3.84B	3.79B	3.41B	3.5B	3.36B	2.77B	2.72B
Long-Term Debt	2.52B	2.6B	3.1B	3.09B	3.04B	2.77B	2.8B	2.78B	2.29B	2.33B
Capital Lease Obligations	29.78M	35.28M	26.28M	21.43M	211.05M	194.32M	151.84M	124.8M	87.24M	64.58M
Deferred Tax Liabilities	137.23M	145.79M	109.7M	145.44M	136.91M	132.01M	163.6M	112.64M	160.38M	121.3M
Other Non-Current Liabilities	544.12M	530.39M	671.1M	581.28M	403.45M	308.48M	352.35M	339.98M	225.25M	204.81M
Total Liabilities	4.06B	4.26B	4.65B	4.63B	4.6B	4.29B	4.56B	4.53B	3.71B	3.42B
Total Debt+	2.7B	2.86B	3.13B	3.14B	3.34B	3.08B	3.03B	2.97B	2.48B	2.43B
Net Debt	2.38B	2.38B	2.57B	2.58B	2.53B	2.19B	2.13B	2.04B	1.91B	1.65B
Debt / Equity	13.30x	13.13x	8.18x	4.86x	3.34x	3.21x	2.55x	2.69x	1.97x	2.59x
Debt / EBITDA	3.41x	1.79x	1.81x	1.80x	1.96x	2.21x	2.03x	2.40x	1.77x	2.57x
Net Debt / EBITDA	3.01x	1.49x	1.49x	1.48x	1.48x	1.57x	1.43x	1.65x	1.36x	1.74x
Interest Coverage	5.53x	5.32x	5.39x	4.69x	3.96x	3.19x	3.80x	0.65x	2.54x	-0.24x
Total Equity+	203.05M	217.69M	382.55M	644.77M	1B	958.75M	1.19B	1.11B	1.26B	940.14M
Equity Growth %	2.38%	0.07%	0.76%	0.69%	0.55%	-0.04%	0.24%	-0.07%	0.14%	-0.25%
Book Value per Share	2.77	3.01	5.83	10.94	17.55	18.53	27.31	25.32	28.63	18.66
Total Shareholders' Equity	-39.28M	-30.08M	134.94M	316.68M	665.78M	616.8M	851.09M	806.99M	1.05B	855.6M
Common Stock	736K	739K	742K	748K	754K	761K	770K	776K	782K	782K
Retained Earnings	24.88M	295.41M	766.73M	1.23B	1.61B	1.85B	2.1B	2.11B	2.32B	2.09B
Treasury Stock	-51.99M	-275.23M	-709.44M	-992.58M	-1.06B	-1.42B	-1.42B	-1.42B	-1.42B	-1.41B
Accumulated OCI	-136.06M	-193.8M	-114.39M	-160.19M	-167.71M	-134.95M	-175.82M	-239.8M	-232.83M	-266.97M
Minority Interest	242.33M	247.77M	247.6M	328.09M	335.18M	341.94M	335.43M	300.49M	211.19M	84.55M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	370.04M	514.33M	385.73M	606.55M	483.75M	748.74M	143.47M	181.83M	203.92M	375.62M
Operating CF Margin %	0.14%	0.19%	0.14%	0.2%	0.16%	0.27%	0.05%	0.06%	0.08%	0.16%
Operating CF Growth %	-0.01%	0.39%	-0.25%	0.57%	-0.2%	0.55%	-0.81%	0.27%	0.12%	0.84%
Net Income	381.7M	289.96M	489.64M	463.97M	407.72M	256.99M	279.84M	11.03M	215.46M	-226.55M
Depreciation & Amortization	831.58M	947.08M	1.05B	1.05B	1.08B	1.03B	1B	1.12B	1.02B	1B
Stock-Based Compensation	31.02M	38.9M	53.55M	60.98M	64.13M	52.91M	47.92M	29.99M	25.66M	26.05M
Deferred Taxes	19.62M	11.64M	-48.66M	33.37M	-38.92M	23.16M	34.01M	-50.69M	49.74M	-63.06M
Other Non-Cash Items	35.13M	175.38M	-3.78M	8.27M	163.99M	88.78M	60.47M	418.57M	113.03M	474M
Working Capital Changes	-929.01M	-948.63M	-1.15B	-1.01B	-1.19B	-701.59M	-1.28B	-1.34B	-1.22B	-835.62M
Change in Receivables	-111M	-30.05M	-74.56M	-52.11M	-43.34M	63.34M	-56K	70.37M	34.33M	30.89M
Change in Inventory	-29.15M	38.17M	-81.94M	-19.8M	-141.08M	70.76M	-187.33M	0	0	0
Change in Payables	42.35M	33.12M	15.61M	48.85M	-28.41M	15.96M	129.41M	71.65M	-197.73M	-122.48M
Cash from Investing+	-116.77M	-174.57M	-130.6M	-260.18M	-89.71M	-35.16M	-26.58M	-39.38M	-24.32M	-40.38M
Capital Expenditures	-68.32M	-79.22M	-80.05M	-89.8M	-91.6M	-46.59M	-42.57M	-44.27M	-35.21M	0
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.01%	0.01%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-68.32M	15.78M	-82.5M	4.09M	-96.98M	-41.59M	12.95M	-1.74M	773K	-40.38M
Cash from Financing+	-127.28M	-153.86M	-204.21M	-314.61M	-131.13M	-648M	-84.1M	-97.11M	-544.43M	-110.22M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	4.12M	-9.06M	-28.97M	-9.98M	-10.93M	-15.82M	-16.92M	-37.46M	-74.56M	-76.62M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	301.72M	435.11M	305.68M	516.75M	392.14M	702.14M	100.9M	137.56M	168.71M	330.84M
FCF Margin %	0.12%	0.16%	0.11%	0.17%	0.13%	0.25%	0.03%	0.04%	0.06%	0.14%
FCF Growth %	-0.09%	0.44%	-0.3%	0.69%	-0.24%	0.79%	-0.86%	0.36%	0.23%	0.96%
FCF per Share	4.12	6.01	4.66	8.77	6.88	13.57	2.32	3.15	3.84	6.57
FCF Conversion (FCF/Net Income)	1.01x	1.90x	0.82x	1.36x	1.27x	3.12x	0.57x	23.94x	0.95x	-1.66x
Interest Paid	120.39M	128.32M	110.65M	147.71M	151.5M	0	114.53M	125.06M	149.53M	129.16M
Taxes Paid	186.72M	106.48M	219.43M	138.43M	139.99M	0	59.85M	50.49M	63.02M	37.99M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	1315.71%	128.59%	157.04%	86.86%	46.24%	24.49%	23.36%	0.66%	18.21%	-20.6%
Return on Invested Capital (ROIC)	21.15%	19.03%	19.52%	17.64%	13.89%	9.95%	11.36%	2.01%	9.22%	-1.03%
Gross Margin	55.94%	53.55%	52.2%	51.35%	50.76%	50.21%	53.47%	51.05%	51.05%	53.22%
Net Margin	14.21%	9.82%	16.8%	15.01%	12.43%	8.53%	8.14%	0.25%	7.95%	-9.36%
Debt / Equity	13.30x	13.13x	8.18x	4.86x	3.34x	3.21x	2.55x	2.69x	1.97x	2.59x
Interest Coverage	5.53x	5.32x	5.39x	4.69x	3.96x	3.19x	3.80x	0.65x	2.54x	-0.24x
FCF Conversion	1.01x	1.90x	0.82x	1.36x	1.27x	3.12x	0.57x	23.94x	0.95x	-1.66x
Revenue Growth	18.63%	6.77%	1.82%	5.92%	2.97%	-8.02%	9.33%	0.62%	-12.42%	-10.71%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Subscription and Circulation	-	-	-	-	-	-	1.57B	1.62B	1.56B	1.47B
Subscription and Circulation Growth	-	-	-	-	-	-	-	3.19%	-3.55%	-5.70%
Advertising	-	-	-	1.04B	993.83M	875.82M	950.65M	871.85M	715.65M	676.63M
Advertising Growth	-	-	-	-	-4.08%	-11.87%	8.54%	-8.29%	-17.92%	-5.45%
License	-	-	-	-	-	-	558.38M	606.15M	435.17M	272.63M
License Growth	-	-	-	-	-	-	-	8.56%	-28.21%	-37.35%
Entertainment	-	-	-	1.94B	2.07B	1.94B	2.13B	2.22B	2B	-
Entertainment Growth	-	-	-	-	6.75%	-6.16%	9.69%	4.60%	-10.27%	-
National Networks	4.27B	4.62B	4.74B	-	-	-	-	-	-	-
National Networks Growth	-	8.23%	2.45%	-	-	-	-	-	-	-
International And Other	905.16M	919.99M	914.36M	-	-	-	-	-	-	-
International And Other Growth	-	1.64%	-0.61%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	-	-	-	-	-	-	-	2.57B	2.21B	1.92B
UNITED STATES Growth	-	-	-	-	-	-	-	-	-14.15%	-13.24%
Europe	317.76M	384.23M	369.81M	394.24M	382.89M	385.79M	432.68M	354.49M	329.09M	353.21M
Europe Growth	-	20.92%	-3.75%	6.60%	-2.88%	0.76%	12.16%	-18.07%	-7.16%	7.33%
Other Geographic Locations	149M	155.99M	191.82M	188.07M	165.75M	161.41M	182.72M	167.55M	172.53M	150.57M
Other Geographic Locations Growth	-	4.69%	22.97%	-1.95%	-11.87%	-2.61%	13.20%	-8.30%	2.97%	-12.73%
North America	2.11B	2.22B	2.24B	2.39B	2.51B	2.27B	2.46B	-	-	-
North America Growth	-	4.79%	1.29%	6.49%	5.11%	-9.71%	8.57%	-	-	-

Frequently Asked Questions

Growth & Financials

AMC Networks Inc. (AMCX) reported $2.32B in revenue for fiscal year 2024. This represents a 95% increase from $1.19B in 2011.

AMC Networks Inc. (AMCX) saw revenue decline by 10.7% over the past year.

AMC Networks Inc. (AMCX) reported a net loss of $139.6M for fiscal year 2024.

Dividend & Returns

AMC Networks Inc. (AMCX) has a return on equity (ROE) of -20.6%. Negative ROE indicates the company is unprofitable.

AMC Networks Inc. (AMCX) generated $267.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

AMC Networks Inc. (AMCX) 10-Year Financial Performance & Capital Metrics

AMCX • • Industrial / General

Communication ServicesEntertainmentMedia Networks & BroadcastingCable & Premium Networks

Revenue $2.42B -10.7%
EBITDA $948M -32.4%
Net Income -$227M -205.1%
EPS (Diluted) -4.50 -191.8%
Gross Margin 53.22% +4.3%
EBITDA Margin 39.14% -24.3%
Operating Margin -1.64% -111.4%
Net Margin -9.36% -217.8%
ROE -20.6% -213.1%
ROIC -1.03% -111.2%
Debt/Equity 2.59 +31.3%
Interest Coverage -0.24 -109.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.5x book value

✗Weaknesses

✗High debt to equity ratio of 2.6x
✗Shares diluted 14.5% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y1.08%

5Y-4.58%

3Y-7.68%

TTM-7.38%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-486.34%

EPS CAGR

10Y-

5Y-

3Y-

TTM-363.83%

ROCE

10Y Avg11.92%

5Y Avg6.1%

3Y Avg3.34%

Latest-1.03%

Peer Comparison

Cable & Premium Networks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
STRZStarz Entertainment Corp.	183.71M	10.98	-0.87	-1.64%	-13.92%	-40.76%		1.42
PSKYParamount Skydance Corporation Class B Common Stock	12.68B	11.83	-1.27	-1.48%	0.52%	1.13%	3.86%	0.94
AMCXAMC Networks Inc.	269.16M	8.40	-1.87	-10.71%	-6.03%	-12.21%	100%	2.59

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.58B	2.76B	2.81B	2.97B	3.06B	2.81B	3.08B	3.1B	2.71B	2.42B
Revenue Growth %	0.19%	0.07%	0.02%	0.06%	0.03%	-0.08%	0.09%	0.01%	-0.12%	-0.11%
Cost of Goods Sold+	1.14B	1.28B	1.34B	1.45B	1.51B	1.4B	1.43B	1.52B	1.33B	1.13B
COGS % of Revenue	0.44%	0.46%	0.48%	0.49%	0.49%	0.5%	0.47%	0.49%	0.49%	0.47%
Gross Profit+	1.44B	1.48B	1.46B	1.53B	1.55B	1.41B	1.65B	1.58B	1.38B	1.29B
Gross Margin %	0.56%	0.54%	0.52%	0.51%	0.51%	0.5%	0.53%	0.51%	0.51%	0.53%
Gross Profit Growth %	0.21%	0.02%	-0.01%	0.04%	0.02%	-0.09%	0.16%	-0.04%	-0.12%	-0.07%
Operating Expenses+	719.61M	720.81M	707.98M	748.74M	928.06M	970.72M	1.16B	1.49B	995.97M	1.33B
OpEx % of Revenue	0.28%	0.26%	0.25%	0.25%	0.3%	0.34%	0.38%	0.48%	0.37%	0.55%
Selling, General & Admin	636.58M	636.03M	613.34M	657.46M	679.44M	708.82M	891.73M	896.82M	764.09M	781.33M
SG&A % of Revenue	0.25%	0.23%	0.22%	0.22%	0.22%	0.25%	0.29%	0.29%	0.28%	0.32%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-691K	-33.52M	40.32M	91.28M	248.62M	261.9M	263.87M	596.91M	231.88M	546.99M
Operating Income+	709.19M	657.56M	722.36M	726.91M	625.28M	442.64M	489.92M	86.92M	388.41M	-39.6M
Operating Margin %	0.27%	0.24%	0.26%	0.24%	0.2%	0.16%	0.16%	0.03%	0.14%	-0.02%
Operating Income Growth %	0.3%	-0.07%	0.1%	0.01%	-0.14%	-0.29%	0.11%	-0.82%	3.47%	-1.1%
EBITDA+	792.22M	1.6B	1.73B	1.75B	1.7B	1.39B	1.49B	1.24B	1.4B	947.81M
EBITDA Margin %	0.31%	0.58%	0.62%	0.59%	0.56%	0.49%	0.49%	0.4%	0.52%	0.39%
EBITDA Growth %	0.29%	1.01%	0.08%	0.01%	-0.03%	-0.18%	0.07%	-0.17%	0.13%	-0.32%
D&A (Non-Cash Add-back)	83.03M	937.89M	1.01B	1.02B	1.08B	948.42M	1B	1.15B	1.01B	987.41M
EBIT	767.39M	577.63M	774.98M	773.82M	643.98M	540.99M	503.31M	103.81M	448.71M	-8.31M
Net Interest Income+	-125.71M	-118.57M	-119.3M	-135.81M	-133.09M	-108.58M	-118.83M	-120.44M	-115.69M	-129.38M
Interest Income	2.43M	5.06M	14.7M	19.18M	24.71M	30.03M	10.24M	13.33M	37.02M	36.8M
Interest Expense	128.13M	123.63M	134M	154.99M	157.8M	138.61M	129.07M	133.76M	152.7M	166.19M
Other Income/Expense	-126.4M	-202.73M	-81.98M	-106.64M	-139.09M	-40.27M	-115.69M	-116.87M	-92.41M	-134.9M
Pretax Income+	582.79M	454.82M	640.38M	620.27M	486.19M	402.38M	374.23M	-29.95M	296.01M	-174.5M
Pretax Margin %	0.23%	0.17%	0.23%	0.21%	0.16%	0.14%	0.12%	-0.01%	0.11%	-0.07%
Income Tax+	201.09M	164.86M	150.74M	156.31M	78.47M	145.39M	94.39M	-40.98M	94.61M	43.49M
Effective Tax Rate %	0.63%	0.59%	0.74%	0.72%	0.78%	0.6%	0.67%	-0.25%	0.73%	1.3%
Net Income+	366.79M	270.51M	471.32M	446.19M	380.49M	239.98M	250.6M	7.59M	215.46M	-226.55M
Net Margin %	0.14%	0.1%	0.17%	0.15%	0.12%	0.09%	0.08%	0%	0.08%	-0.09%
Net Income Growth %	0.41%	-0.26%	0.74%	-0.05%	-0.15%	-0.37%	0.04%	-0.97%	27.37%	-2.05%
Net Income (Continuing)	381.7M	289.96M	489.64M	463.97M	407.72M	256.99M	279.84M	11.03M	201.4M	-217.99M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	242.33M	247.77M	247.6M	328.09M	335.18M	341.94M	335.43M	300.49M	211.19M	84.55M
EPS (Diluted)+	5.01	3.74	7.18	7.57	6.67	4.64	5.77	0.17	4.90	-4.50
EPS Growth %	0.4%	-0.25%	0.92%	0.05%	-0.12%	-0.3%	0.24%	-0.97%	27.82%	-1.92%
EPS (Basic)	5.06	3.77	7.26	7.68	6.77	4.70	5.92	0.18	4.92	-5.10
Diluted Shares Outstanding	73.19M	72.41M	65.63M	58.95M	57.04M	51.73M	43.44M	43.73M	43.99M	50.38M
Basic Shares Outstanding	72.42M	71.75M	64.91M	58.07M	56.2M	51.02M	42.36M	43.13M	43.83M	44.44M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.54B	1.7B	1.88B	1.96B	2.33B	1.94B	2B	1.95B	1.62B	1.67B
Cash & Short-Term Investments	316.32M	481.39M	558.78M	554.89M	816.17M	888.53M	892.22M	930M	570.58M	784.65M
Cash Only	316.32M	481.39M	558.78M	554.89M	816.17M	888.53M	892.22M	930M	570.58M	784.65M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	678.67M	701.16M	775.89M	845.11M	857.14M	823.42M	884.79M	722.18M	664.4M	623.9M
Days Sales Outstanding	95.98	92.87	100.94	103.79	102.23	106.77	104.94	85.13	89.42	94.05
Inventory	89.19M	441.13M	91.73M	131.81M	0	13.48M	10.07M	0	0	0
Days Inventory Outstanding	28.63	125.79	24.96	33.27	-	3.51	2.57	-	-	-
Other Current Assets	454.49M	0	453.45M	442.19M	426.62M	300K	180K	297.68M	388.4M	262.26M
Total Non-Current Assets+	2.73B	2.78B	3.15B	3.32B	3.27B	3.31B	3.75B	3.68B	3.35B	2.69B
Property, Plant & Equipment	163.86M	166.64M	183.51M	246.26M	453.81M	402.57M	351.66M	310.26M	230.4M	201.43M
Fixed Asset Turnover	15.75x	16.54x	15.29x	12.07x	6.74x	6.99x	8.75x	9.98x	11.77x	12.02x
Goodwill	736.27M	657.71M	695.16M	798.04M	701.98M	686.41M	709.34M	643.42M	626.5M	246.3M
Intangible Assets	1.58B	1.59B	1.78B	1.79B	1.56B	1.68B	2.13B	2.12B	2.07B	1.93B
Long-Term Investments	33.87M	43.89M	29.92M	16.83M	0	435.57M	430.62M	0	0	172.04M
Other Non-Current Assets	200.8M	313.03M	447.94M	441.79M	496.46M	78.18M	114.54M	599.05M	406.85M	128.03M
Total Assets+	4.26B	4.48B	5.03B	5.28B	5.6B	5.25B	5.75B	5.63B	4.97B	4.36B
Asset Turnover	0.61x	0.62x	0.56x	0.56x	0.55x	0.54x	0.54x	0.55x	0.55x	0.56x
Asset Growth %	0.07%	0.05%	0.12%	0.05%	0.06%	-0.06%	0.1%	-0.02%	-0.12%	-0.12%
Total Current Liabilities+	830.92M	954.18M	744.1M	797.42M	804.34M	878.47M	1.06B	1.17B	943.42M	702.67M
Accounts Payable	71.15M	88.68M	102.2M	107.07M	94.31M	120.53M	173.21M	172.01M	89.47M	88.57M
Days Payables Outstanding	22.84	25.29	27.81	27.03	22.84	31.39	44.15	41.42	24.6	28.54
Short-Term Debt	151.56M	226.58M	0	21.33M	56.25M	75M	33.75M	33.75M	67.5M	7.5M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	420.44M	458.1M	453.22M	506.25M	394.44M	480.79M	519.07M	471.48M	395.09M	301.48M
Current Ratio	1.85x	1.78x	2.53x	2.46x	2.90x	2.21x	1.89x	1.67x	1.72x	2.38x
Quick Ratio	1.74x	1.32x	2.40x	2.30x	2.90x	2.19x	1.88x	1.67x	1.72x	2.38x
Cash Conversion Cycle	101.77	193.38	98.09	110.04	-	78.89	63.36	-	-	-
Total Non-Current Liabilities+	3.23B	3.31B	3.91B	3.84B	3.79B	3.41B	3.5B	3.36B	2.77B	2.72B
Long-Term Debt	2.52B	2.6B	3.1B	3.09B	3.04B	2.77B	2.8B	2.78B	2.29B	2.33B
Capital Lease Obligations	29.78M	35.28M	26.28M	21.43M	211.05M	194.32M	151.84M	124.8M	87.24M	64.58M
Deferred Tax Liabilities	137.23M	145.79M	109.7M	145.44M	136.91M	132.01M	163.6M	112.64M	160.38M	121.3M
Other Non-Current Liabilities	544.12M	530.39M	671.1M	581.28M	403.45M	308.48M	352.35M	339.98M	225.25M	204.81M
Total Liabilities	4.06B	4.26B	4.65B	4.63B	4.6B	4.29B	4.56B	4.53B	3.71B	3.42B
Total Debt+	2.7B	2.86B	3.13B	3.14B	3.34B	3.08B	3.03B	2.97B	2.48B	2.43B
Net Debt	2.38B	2.38B	2.57B	2.58B	2.53B	2.19B	2.13B	2.04B	1.91B	1.65B
Debt / Equity	13.30x	13.13x	8.18x	4.86x	3.34x	3.21x	2.55x	2.69x	1.97x	2.59x
Debt / EBITDA	3.41x	1.79x	1.81x	1.80x	1.96x	2.21x	2.03x	2.40x	1.77x	2.57x
Net Debt / EBITDA	3.01x	1.49x	1.49x	1.48x	1.48x	1.57x	1.43x	1.65x	1.36x	1.74x
Interest Coverage	5.53x	5.32x	5.39x	4.69x	3.96x	3.19x	3.80x	0.65x	2.54x	-0.24x
Total Equity+	203.05M	217.69M	382.55M	644.77M	1B	958.75M	1.19B	1.11B	1.26B	940.14M
Equity Growth %	2.38%	0.07%	0.76%	0.69%	0.55%	-0.04%	0.24%	-0.07%	0.14%	-0.25%
Book Value per Share	2.77	3.01	5.83	10.94	17.55	18.53	27.31	25.32	28.63	18.66
Total Shareholders' Equity	-39.28M	-30.08M	134.94M	316.68M	665.78M	616.8M	851.09M	806.99M	1.05B	855.6M
Common Stock	736K	739K	742K	748K	754K	761K	770K	776K	782K	782K
Retained Earnings	24.88M	295.41M	766.73M	1.23B	1.61B	1.85B	2.1B	2.11B	2.32B	2.09B
Treasury Stock	-51.99M	-275.23M	-709.44M	-992.58M	-1.06B	-1.42B	-1.42B	-1.42B	-1.42B	-1.41B
Accumulated OCI	-136.06M	-193.8M	-114.39M	-160.19M	-167.71M	-134.95M	-175.82M	-239.8M	-232.83M	-266.97M
Minority Interest	242.33M	247.77M	247.6M	328.09M	335.18M	341.94M	335.43M	300.49M	211.19M	84.55M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	370.04M	514.33M	385.73M	606.55M	483.75M	748.74M	143.47M	181.83M	203.92M	375.62M
Operating CF Margin %	0.14%	0.19%	0.14%	0.2%	0.16%	0.27%	0.05%	0.06%	0.08%	0.16%
Operating CF Growth %	-0.01%	0.39%	-0.25%	0.57%	-0.2%	0.55%	-0.81%	0.27%	0.12%	0.84%
Net Income	381.7M	289.96M	489.64M	463.97M	407.72M	256.99M	279.84M	11.03M	215.46M	-226.55M
Depreciation & Amortization	831.58M	947.08M	1.05B	1.05B	1.08B	1.03B	1B	1.12B	1.02B	1B
Stock-Based Compensation	31.02M	38.9M	53.55M	60.98M	64.13M	52.91M	47.92M	29.99M	25.66M	26.05M
Deferred Taxes	19.62M	11.64M	-48.66M	33.37M	-38.92M	23.16M	34.01M	-50.69M	49.74M	-63.06M
Other Non-Cash Items	35.13M	175.38M	-3.78M	8.27M	163.99M	88.78M	60.47M	418.57M	113.03M	474M
Working Capital Changes	-929.01M	-948.63M	-1.15B	-1.01B	-1.19B	-701.59M	-1.28B	-1.34B	-1.22B	-835.62M
Change in Receivables	-111M	-30.05M	-74.56M	-52.11M	-43.34M	63.34M	-56K	70.37M	34.33M	30.89M
Change in Inventory	-29.15M	38.17M	-81.94M	-19.8M	-141.08M	70.76M	-187.33M	0	0	0
Change in Payables	42.35M	33.12M	15.61M	48.85M	-28.41M	15.96M	129.41M	71.65M	-197.73M	-122.48M
Cash from Investing+	-116.77M	-174.57M	-130.6M	-260.18M	-89.71M	-35.16M	-26.58M	-39.38M	-24.32M	-40.38M
Capital Expenditures	-68.32M	-79.22M	-80.05M	-89.8M	-91.6M	-46.59M	-42.57M	-44.27M	-35.21M	0
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.01%	0.01%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-68.32M	15.78M	-82.5M	4.09M	-96.98M	-41.59M	12.95M	-1.74M	773K	-40.38M
Cash from Financing+	-127.28M	-153.86M	-204.21M	-314.61M	-131.13M	-648M	-84.1M	-97.11M	-544.43M	-110.22M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	4.12M	-9.06M	-28.97M	-9.98M	-10.93M	-15.82M	-16.92M	-37.46M	-74.56M	-76.62M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	301.72M	435.11M	305.68M	516.75M	392.14M	702.14M	100.9M	137.56M	168.71M	330.84M
FCF Margin %	0.12%	0.16%	0.11%	0.17%	0.13%	0.25%	0.03%	0.04%	0.06%	0.14%
FCF Growth %	-0.09%	0.44%	-0.3%	0.69%	-0.24%	0.79%	-0.86%	0.36%	0.23%	0.96%
FCF per Share	4.12	6.01	4.66	8.77	6.88	13.57	2.32	3.15	3.84	6.57
FCF Conversion (FCF/Net Income)	1.01x	1.90x	0.82x	1.36x	1.27x	3.12x	0.57x	23.94x	0.95x	-1.66x
Interest Paid	120.39M	128.32M	110.65M	147.71M	151.5M	0	114.53M	125.06M	149.53M	129.16M
Taxes Paid	186.72M	106.48M	219.43M	138.43M	139.99M	0	59.85M	50.49M	63.02M	37.99M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	1315.71%	128.59%	157.04%	86.86%	46.24%	24.49%	23.36%	0.66%	18.21%	-20.6%
Return on Invested Capital (ROIC)	21.15%	19.03%	19.52%	17.64%	13.89%	9.95%	11.36%	2.01%	9.22%	-1.03%
Gross Margin	55.94%	53.55%	52.2%	51.35%	50.76%	50.21%	53.47%	51.05%	51.05%	53.22%
Net Margin	14.21%	9.82%	16.8%	15.01%	12.43%	8.53%	8.14%	0.25%	7.95%	-9.36%
Debt / Equity	13.30x	13.13x	8.18x	4.86x	3.34x	3.21x	2.55x	2.69x	1.97x	2.59x
Interest Coverage	5.53x	5.32x	5.39x	4.69x	3.96x	3.19x	3.80x	0.65x	2.54x	-0.24x
FCF Conversion	1.01x	1.90x	0.82x	1.36x	1.27x	3.12x	0.57x	23.94x	0.95x	-1.66x
Revenue Growth	18.63%	6.77%	1.82%	5.92%	2.97%	-8.02%	9.33%	0.62%	-12.42%	-10.71%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Subscription and Circulation	-	-	-	-	-	-	1.57B	1.62B	1.56B	1.47B
Subscription and Circulation Growth	-	-	-	-	-	-	-	3.19%	-3.55%	-5.70%
Advertising	-	-	-	1.04B	993.83M	875.82M	950.65M	871.85M	715.65M	676.63M
Advertising Growth	-	-	-	-	-4.08%	-11.87%	8.54%	-8.29%	-17.92%	-5.45%
License	-	-	-	-	-	-	558.38M	606.15M	435.17M	272.63M
License Growth	-	-	-	-	-	-	-	8.56%	-28.21%	-37.35%
Entertainment	-	-	-	1.94B	2.07B	1.94B	2.13B	2.22B	2B	-
Entertainment Growth	-	-	-	-	6.75%	-6.16%	9.69%	4.60%	-10.27%	-
National Networks	4.27B	4.62B	4.74B	-	-	-	-	-	-	-
National Networks Growth	-	8.23%	2.45%	-	-	-	-	-	-	-
International And Other	905.16M	919.99M	914.36M	-	-	-	-	-	-	-
International And Other Growth	-	1.64%	-0.61%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	-	-	-	-	-	-	-	2.57B	2.21B	1.92B
UNITED STATES Growth	-	-	-	-	-	-	-	-	-14.15%	-13.24%
Europe	317.76M	384.23M	369.81M	394.24M	382.89M	385.79M	432.68M	354.49M	329.09M	353.21M
Europe Growth	-	20.92%	-3.75%	6.60%	-2.88%	0.76%	12.16%	-18.07%	-7.16%	7.33%
Other Geographic Locations	149M	155.99M	191.82M	188.07M	165.75M	161.41M	182.72M	167.55M	172.53M	150.57M
Other Geographic Locations Growth	-	4.69%	22.97%	-1.95%	-11.87%	-2.61%	13.20%	-8.30%	2.97%	-12.73%
North America	2.11B	2.22B	2.24B	2.39B	2.51B	2.27B	2.46B	-	-	-
North America Growth	-	4.79%	1.29%	6.49%	5.11%	-9.71%	8.57%	-	-	-

Frequently Asked Questions

Growth & Financials

AMC Networks Inc. (AMCX) reported $2.32B in revenue for fiscal year 2024. This represents a 95% increase from $1.19B in 2011.

AMC Networks Inc. (AMCX) saw revenue decline by 10.7% over the past year.

AMC Networks Inc. (AMCX) reported a net loss of $139.6M for fiscal year 2024.

Dividend & Returns

AMC Networks Inc. (AMCX) has a return on equity (ROE) of -20.6%. Negative ROE indicates the company is unprofitable.

AMC Networks Inc. (AMCX) generated $267.2M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.