AMC Networks Inc (AMCX)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	215,464	-27,416	-6,174	7,016	7,594	289,322	315,307	267,763	250,596	328,268	279,257	258,333	239,979	136,691	191,974	305,756	380,486	460,942	455,276	432,714
Revenue (ttm)	US$ in thousands	2,575,026	2,844,244	2,894,882	2,962,429	2,964,512	2,813,452	2,945,170	2,979,098	2,947,394	2,951,884	2,793,128	2,665,145	2,702,925	2,707,854	2,771,369	2,896,296	2,963,567	2,951,209	2,958,067	2,949,487
Net profit margin		8.37%	-0.96%	-0.21%	0.24%	0.26%	10.28%	10.71%	8.99%	8.50%	11.12%	10.00%	9.69%	8.88%	5.05%	6.93%	10.56%	12.84%	15.62%	15.39%	14.67%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $215,464K ÷ $2,575,026K
= 8.37%

AMC Networks Inc's net profit margin has shown volatility in recent quarters. In Q4 2023, the net profit margin stood at 7.95%, indicating that the company retained approximately 7.95% of its revenue as profit after accounting for all expenses. However, this figure represents a decline from the previous quarter where the net profit margin was -0.91%, suggesting that the company incurred a loss relative to its revenue.

The negative net profit margins in Q3 and Q2 2023 (-0.91% and -0.20% respectively) reflect challenges in generating profits during those periods. The slight improvement in Q1 2023 with a net profit margin of 0.23% indicates a modest profitability level.

Comparing the current performance to the same quarter in the previous year, there has been a notable decrease in net profit margin from 9.86% in Q4 2022 to 7.95% in Q4 2023. This trend suggests a lower profitability level in the current year's fourth quarter compared to the corresponding period a year ago.

Overall, AMC Networks Inc's net profit margin has fluctuated over the recent quarters, with some periods experiencing losses or lower profitability compared to previous years. This variability may indicate the company is facing challenges in managing costs or generating consistent revenue streams. Monitoring the trend of the net profit margin will be crucial for assessing the company's financial performance and sustainability in the future.