Item 1. Business. AMC Networks Inc. is a Nevada corporation with its principal executive offices located at 11 Penn Plaza, New York, NY 10001. AMC Networks Inc. is a holding company and conducts substantially all of its operations through its majority owned or controlled subsidiaries. Unless the context otherwise requires, all references to "we," "our," "us," "AMC Networks" or the "Company" refer to AMC Networks Inc., together with its subsidiaries. Our telephone number is (212) 324-8500. AMC Networks Inc. was incorporated on March 9, 2011 as an indirect, wholly-owned subsidiary of Cablevision Systems Corporation. On June 30, 2011, Cablevision Systems Corporation spun off AMC Networks Inc., which became an independent public company. AMC Networks is a global entertainment company known for its popular and award-winning content.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.3B | 2.3B | 2.4B | 2.7B | 3.1B | 3.1B |
| Net Income | 89M | 89M | -227M | 215M | 7.6M | 251M |
| EPS | $1.66 | $1.66 | $-5.10 | $4.90 | $0.17 | $5.77 |
| Free Cash Flow | 272M | 272M | 331M | 169M | 138M | 101M |
| ROIC | 3.9% | 5.4% | -2.4% | 11.3% | 4.8% | 13.0% |
| Gross Margin | 50.6% | 50.6% | 53.2% | 51.0% | 51.0% | 53.5% |
| Debt/Equity | 1.80 | 1.80 | 2.74 | 2.32 | 3.53 | 3.37 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 133M | 133M | -40M | 388M | 87M | 490M |
| Operating Margin | 5.8% | 5.8% | -1.6% | 14.3% | 2.8% | 15.9% |
| ROE | 9.1% | 9.7% | -26.5% | 20.6% | 0.9% | 29.4% |
| Shares Outstanding | 54M | 54M | 44M | 44M | 45M | 43M |
AMC Networks Inc. passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 0.9x vs a median of 5.8x. The company's 5-year average ROIC is 6.4% with a gross margin of 51.9%. Total shareholder yield (buybacks) is 4.3%. At current prices, the estimated annualized return to fair value is -1.6%.
AMC Networks Inc. (AMCX) has a 5-year average return on invested capital (ROIC) of 6.4%. This is below average and may indicate limited pricing power.
AMC Networks Inc. (AMCX) has a market capitalization of $414M. It is classified as a small-cap stock.
AMC Networks Inc. (AMCX) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 4.34%.
AMC Networks Inc. (AMCX) operates in the Cable & Other Pay Television Services industry, within the Communication Services sector.
AMC Networks Inc. (AMCX) reported annual revenue of $2.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
AMC Networks Inc. (AMCX) has a net profit margin of 3.9%. This is a modest margin.
AMC Networks Inc. (AMCX) generated $272 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
AMC Networks Inc. (AMCX) has a debt-to-equity ratio of 1.80. This indicates higher leverage, which may increase financial risk.
AMC Networks Inc. (AMCX) reported earnings per share (EPS) of $1.66 in its most recent fiscal year.
AMC Networks Inc. (AMCX) has a return on equity (ROE) of 9.7%. This indicates moderate shareholder returns.
AMC Networks Inc. (AMCX) has a 5-year average gross margin of 51.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for AMC Networks Inc. (AMCX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
AMC Networks Inc. (AMCX) has a book value per share of $18.23, based on its most recent annual SEC filing.