AMC Networks Inc (AMCX)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Gross profit	US$ in thousands	1,240,070	1,450,780	1,511,580	1,270,030	1,436,450
Revenue	US$ in thousands	2,567,570	2,966,680	2,943,660	2,671,620	2,943,430
Gross profit margin		48.30%	48.90%	51.35%	47.54%	48.80%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,240,070K ÷ $2,567,570K
= 48.30%

AMC Networks Inc's gross profit margin has remained consistently at 100.00% over the past five years, from 2019 to 2023. This high and stable gross profit margin indicates that the company is effectively controlling its production costs and generating healthy profits from its core operations. A gross profit margin of 100.00% means that the company is able to sell its products or services for more than it costs to produce them. This stability in gross profit margin suggests that AMC Networks Inc has a strong pricing strategy, efficient cost management, and possibly a unique competitive position in the industry that allows it to maintain high margins consistently.