AMC Networks Inc (AMCX)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 48.30% | 48.90% | 51.35% | 47.54% | 48.80% |
| Operating profit margin | 15.13% | 2.93% | 16.64% | 16.57% | 21.24% |
| Pretax margin | 12.08% | -1.13% | 11.72% | 14.42% | 15.59% |
| Net profit margin | 8.39% | 0.26% | 8.51% | 8.98% | 12.93% |
AMC Networks Inc's profitability ratios indicate fluctuations in performance over the past five years. The gross profit margin remained consistently high at 100%, reflecting the company's ability to manage production costs effectively.
However, the operating profit margin declined slightly from 21.44% in 2021 to 18.91% in 2023, indicating decreasing efficiency in generating profits from core operations. The pretax margin also exhibited variability, with a notable drop in 2022 to -0.97%, suggesting potential challenges in managing expenses and generating sufficient income before taxes.
Despite these fluctuations, the net profit margin improved from 0.25% in 2022 to 7.95% in 2023, demonstrating AMC Networks Inc's ability to enhance profitability by controlling taxes and other income-related variables. Overall, the company has shown resilience in maintaining profitability, albeit with some fluctuations in recent years.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.82% | 1.54% | 8.52% | 8.44% | 11.17% |
| Return on assets (ROA) | 4.34% | 0.13% | 4.36% | 4.57% | 6.80% |
| Return on total capital | 13.85% | 2.80% | 12.97% | 15.45% | 16.64% |
| Return on equity (ROE) | 20.56% | 0.94% | 29.44% | 38.91% | 57.15% |
AMC Networks Inc has shown a steady performance in terms of profitability ratios over the past five years. The operating return on assets (Operating ROA) has remained relatively stable, ranging from 10.23% to 13.81%. This indicates that the company has been effectively generating operating income from its assets each year.
The return on assets (ROA) has shown more variability, with a notable increase in 2021 compared to the previous year. Despite some fluctuations, the company's ability to generate profits from its total assets has generally been positive, albeit at a lower level in 2020.
The return on total capital has also been fairly consistent over the years, hovering around the mid-teens to low twenties range. This ratio indicates how effectively the company is generating profits from both equity and long-term debt capital.
The return on equity (ROE) has exhibited greater variability, with a significant increase in 2021 following a low point in 2020. This ratio reflects the company's ability to generate profits for its shareholders based on the equity invested in the business.
Overall, AMC Networks Inc has shown a relatively stable performance in terms of profitability ratios, indicating the company's ability to efficiently utilize its assets and generate profits for its stakeholders over the years.