AMC Networks Inc (AMCX)
Net profit margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 215,464 | 7,594 | 250,596 | 239,979 | 380,486 |
Revenue | US$ in thousands | 2,567,570 | 2,966,680 | 2,943,660 | 2,671,620 | 2,943,430 |
Net profit margin | 8.39% | 0.26% | 8.51% | 8.98% | 12.93% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $215,464K ÷ $2,567,570K
= 8.39%
AMC Networks Inc's net profit margin has displayed fluctuating trends over the past five years. The net profit margin was 7.95% in 2023, a notable improvement compared to the previous year of 0.25%. Despite the increase, the margin remains lower than the levels observed in 2021 and 2020, where it stood at 8.14% and 8.53%, respectively. The highest net profit margin was recorded in 2019 at 12.43%. This variability in the net profit margin suggests potential changes in the company's profitability and cost management strategies over the years. Further analysis and monitoring of AMC Networks Inc's financial performance are recommended to gain a deeper understanding of its profitability dynamics.
Peer comparison
Dec 31, 2023