AMC Networks Inc (AMCX)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	388,412	86,916	489,922	442,644	625,277
Revenue	US$ in thousands	2,567,570	2,966,680	2,943,660	2,671,620	2,943,430
Operating profit margin		15.13%	2.93%	16.64%	16.57%	21.24%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $388,412K ÷ $2,567,570K
= 15.13%

AMC Networks Inc's operating profit margin has shown a consistent trend over the past five years. The margin decreased from 25.25% in 2019 to 21.31% in 2020 but then slightly increased to 21.44% in 2021. However, it saw a slight decline in 2022 to 18.62% before rebounding to 18.91% in 2023. This indicates some fluctuations in the company's ability to generate profits from its core operations. Further analysis of the factors influencing these fluctuations would be necessary to understand the company's profitability trends accurately.