AMC Networks Inc (AMCX)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| ROA | 4.34% | -0.51% | -0.11% | 0.13% | 0.13% | 4.98% | 5.44% | 4.66% | 4.36% | 5.97% | 5.10% | 4.92% | 4.57% | 2.54% | 3.62% | 5.75% | 6.80% | 8.20% | 8.19% | 7.84% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $215,464K ÷ $4,969,790K
= 4.34%
AMC Networks Inc's return on assets (ROA) has shown varying performance over the past few quarters. In Q4 2023, the ROA was 4.34%, indicating that the company generated a profit of 4.34% for every dollar of assets it owns. This was a significant improvement from the negative ROA of -0.51% in Q3 2023 and the previous quarters. Despite this positive performance, the ROA had been consistently strong in the earlier periods of Q2 and Q3 2022, ranging from 4.66% to 5.44%.
The ROA dropped notably to -0.11% in Q2 2023, suggesting that the company struggled to generate profit relative to its assets during that period. However, AMC Networks Inc managed to recover slightly with a ROA of 0.13% in Q1 2023 and Q4 2022. Overall, the fluctuating trend in ROA indicates that the company's ability to generate profit from its assets has been inconsistent and warrants further investigation into the factors impacting its performance.
Peer comparison
Dec 31, 2023