Last 47 quarters of trend data · Communication Services · Advertising Agencies
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
National CineMedia, Inc.'s quarterly P/E stands at 3.1x, down 53.5% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 52.2% YoY to 2.4x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -33.73 | 3.14 | 68.38 | — | — | 6.74 | — | — | — | 4.50 | 0.38 | 0.03 | — |
| — | -53.5% | — | — | — | +49.8% | — | — | — | +513.6% | — | — | — | |
| P/S Ratio | 1.42 | 0.98 | 1.73 | 2.22 | 4.13 | 1.89 | 2.67 | 1.87 | 3.34 | 1.15 | 2.83 | 0.93 | 0.15 |
| — | -48.3% | -35.3% | +18.4% | +23.9% | +64.3% | -5.5% | +100.3% | +2138.4% | +2249.7% | +987.3% | +236.3% | -89.6% | |
| P/B Ratio | 0.85 | 0.89 | 1.25 | 1.31 | 1.56 | 1.59 | 1.73 | 1.06 | 1.24 | 0.96 | 0.68 | — | — |
| — | -44.2% | -27.7% | +24.3% | +25.4% | +65.0% | +153.6% | — | — | — | — | — | — | |
| P/FCF | 123.60 | 14.94 | — | — | 27.22 | 5.82 | — | 16.01 | 5.52 | 7.48 | — | — | 0.55 |
| — | +156.9% | — | — | +393.0% | -22.2% | — | — | +897.7% | — | — | — | — | |
| EV / EBITDA | 12.23 | 2.36 | 15.02 | — | — | 4.94 | 50.03 | 72.82 | — | 3.23 | — | — | — |
| — | -52.2% | -70.0% | — | — | +53.1% | — | — | — | -57.1% | — | — | — | |
| EV / EBIT | — | 3.06 | 63.62 | — | — | 5.96 | — | — | — | 4.15 | 0.38 | 0.02 | — |
| — | -48.7% | — | — | — | +43.5% | — | — | — | -49.9% | — | -99.9% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
National CineMedia, Inc.'s operating margin was 25.6% in Q4 2025, up 28.4 pp QoQ and up 2.5 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of -17.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 52.4% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.3% | 29.4% | 44.0% | 16.2% | 28.9% | 61.9% | 42.0% | 25.0% | 2.1% | 66.5% | 5.3% | 58.8% | 20.6% |
| — | -52.4% | +4.8% | -35.3% | +1253.0% | -7.0% | +697.8% | -57.4% | -89.6% | -1.1% | -88.4% | +17.7% | -34.5% | |
| Operating Margin | -5.7% | 25.6% | -2.8% | -23.2% | -68.5% | 23.1% | -12.0% | -17.0% | -60.7% | 22.5% | -49.8% | -33.1% | -87.7% |
| — | +10.9% | +76.4% | -36.3% | -12.8% | +2.6% | +75.9% | +48.6% | +30.8% | -26.7% | -546.2% | -496.7% | -39.9% | |
| Net Margin | -4.4% | 31.4% | 2.5% | -20.7% | -88.0% | 28.6% | -5.8% | -15.9% | -92.8% | 26.1% | 736.0% | 3684.5% | -130.4% |
| — | +9.6% | +143.7% | -29.9% | +5.2% | +9.7% | -100.8% | -100.4% | +28.8% | +292.4% | +4607.2% | +353288.2% | -85.7% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -2.6% | 7.7% | 0.5% | -3.0% | -7.9% | 6.2% | -0.9% | -2.2% | -8.3% | 5.6% | 93.2% | — | — |
| — | +23.7% | +149.1% | -34.8% | +5.3% | +10.4% | -101.0% | — | — | — | — | — | — | |
| ROA | -1.9% | 5.7% | 0.4% | -2.2% | -5.7% | 4.5% | -0.7% | -1.6% | -6.3% | 4.3% | 62.4% | 139.2% | -5.9% |
| — | +26.8% | +151.2% | -35.7% | +8.7% | +5.4% | -101.1% | -101.2% | -5.7% | +450.4% | +5589.9% | +160259.0% | -93.1% | |
| ROIC | -2.9% | 5.1% | -0.4% | -2.8% | -5.2% | 4.2% | -1.6% | -1.9% | -4.4% | 3.7% | -4.9% | -1.5% | -4.1% |
| — | +22.2% | +74.3% | -44.2% | -20.4% | +11.9% | +68.1% | -32.2% | -7.6% | +6.6% | -881.5% | -321.1% | -52.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
National CineMedia, Inc.'s Debt/EBITDA ratio is 0.7x, down from 3.3x last quarter — comfortably within a safe range.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.05 | 0.07 | 0.04 | 0.03 | 0.06 | 0.06 | 0.06 | 0.06 | 0.04 | 0.04 | — | — |
| — | -7.0% | +18.4% | -34.1% | -44.1% | +59.8% | +44.4% | — | — | — | — | — | — | |
| Debt / EBITDA | 0.94 | 0.68 | 3.33 | — | — | 0.79 | 6.97 | 17.46 | — | 0.52 | — | — | — |
| — | -14.1% | -52.2% | — | — | +53.7% | — | — | — | -98.4% | — | — | — | |
| Current Ratio | 2.42 | 2.42 | 1.90 | 1.74 | 2.29 | 2.42 | 2.46 | 2.45 | 2.76 | 2.46 | 2.00 | 2.43 | 0.10 |
| — | 0.0% | -22.9% | -28.8% | -17.2% | -1.7% | +23.1% | +0.9% | +2634.7% | +1702.0% | +321.9% | +378.2% | -96.4% | |
| Quick Ratio | 2.42 | 2.42 | 1.90 | 1.74 | 2.29 | 2.42 | 2.46 | 2.45 | 2.76 | 2.46 | 2.00 | 2.43 | 0.10 |
| — | 0.0% | -22.9% | -28.8% | -17.2% | -1.7% | +23.1% | +0.9% | +2634.7% | +1702.0% | +321.9% | +378.2% | -96.4% | |
| Interest Coverage | -23.17 | 127.50 | 17.00 | -106.00 | -152.50 | 63.25 | -8.00 | -20.75 | -85.75 | 60.25 | 607.00 | 176.90 | -1.25 |
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Includes 30+ ratios · 47 years · Updated daily
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National CineMedia, Inc.'s current P/E is -33.7x. The average P/E over the last 2 quarters is 35.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
National CineMedia, Inc.'s current operating margin is -5.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking National CineMedia, Inc.'s business trajectory between earnings reports.