AMC Networks Inc (AMCX)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,048,050 | 1,050,690 | 1,007,670 | 921,796 | 806,988 | 1,002,430 | 964,668 | 925,351 | 851,088 | 837,028 | 733,669 | 673,452 | 616,805 | 747,603 | 651,916 | 613,548 | 665,781 | 628,124 | 541,820 | 455,390 |
| ROE | 20.56% | -2.61% | -0.61% | 0.76% | 0.94% | 28.86% | 32.69% | 28.94% | 29.44% | 39.22% | 38.06% | 38.36% | 38.91% | 18.28% | 29.45% | 49.83% | 57.15% | 73.38% | 84.03% | 95.02% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $215,464K ÷ $1,048,050K
= 20.56%
AMC Networks Inc's return on equity (ROE) has shown variability in recent quarters. In Q4 2023, the ROE stood at 20.56%, displaying a strong return for shareholders. However, in the previous quarter (Q3 2023), the company experienced a negative ROE of -2.61%, indicating a loss in shareholder value. The trend of negative ROEs continued in Q2 2023 with a value of -0.61%.
The positive ROE of 0.76% in Q1 2023 marks a slight improvement from the negative trends observed in the preceding quarters. Comparing these recent figures to those of the same period in the previous year, there has been a decline in ROE levels. In Q4 2022, the ROE was 0.94%, significantly lower than the values seen in the same period for the previous year.
Overall, the fluctuating ROE values suggest that AMC Networks Inc has been experiencing challenges in generating returns for its shareholders consistently. Further analysis of the company's financial performance and operational efficiency may be necessary to understand the factors underlying these shifts in ROE.
Peer comparison
Dec 31, 2023