AMC Networks Inc (AMCX)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,969,790 | 5,633,840 | 5,748,950 | 5,246,340 | 5,596,690 |
| Operating ROA | 7.82% | 1.54% | 8.52% | 8.44% | 11.17% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $388,412K ÷ $4,969,790K
= 7.82%
AMC Networks Inc's operating return on assets (operating ROA) has exhibited stability and consistency over the past five years. The company's operating ROA has ranged from 10.23% to 13.81%, with a gradual decline from 2019 to 2023.
Although the operating ROA declined slightly in recent years, the company has maintained a relatively strong performance in generating operating income relative to its total assets. This indicates efficient asset utilization and effective management in generating profits from its core operations.
AMC Networks Inc's average operating ROA over the five-year period is 11.66%, suggesting that the company has been successful in generating operating income relative to its asset base. Investors and stakeholders may view this as a positive indicator of the company's operational efficiency and ability to generate returns from its assets.
Peer comparison
Dec 31, 2023