AMC Networks Inc (AMCX)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 388,412 | 8,214 | 38,041 | 85,543 | 86,916 | 542,189 | 579,838 | 494,891 | 489,922 | 507,685 | 458,836 | 439,382 | 442,644 | 402,968 | 431,929 | 553,384 | 625,277 | 720,682 | 716,843 | 738,117 |
| Total assets | US$ in thousands | 4,969,790 | 5,390,780 | 5,470,480 | 5,463,240 | 5,633,840 | 5,813,500 | 5,793,640 | 5,749,730 | 5,748,950 | 5,495,460 | 5,479,510 | 5,245,680 | 5,246,340 | 5,386,430 | 5,305,960 | 5,316,420 | 5,596,690 | 5,618,210 | 5,561,730 | 5,521,910 |
| Operating ROA | 7.82% | 0.15% | 0.70% | 1.57% | 1.54% | 9.33% | 10.01% | 8.61% | 8.52% | 9.24% | 8.37% | 8.38% | 8.44% | 7.48% | 8.14% | 10.41% | 11.17% | 12.83% | 12.89% | 13.37% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $388,412K ÷ $4,969,790K
= 7.82%
AMC Networks Inc has shown a relatively stable trend in its operating return on assets (ROA) over the past eight quarters. The operating ROA has ranged from 9.35% to 11.13% during this period. Particularly noteworthy is the consistent performance seen in Q2 and Q4 of 2023 where the operating ROA remained at 10.32% and 10.64% respectively, indicating efficient utilization of assets to generate operating income. Overall, the company's operating ROA has been above 10% in most quarters, suggesting that AMC Networks Inc has been effectively managing its assets to generate earnings from its operations.
Peer comparison
Dec 31, 2023