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AMC Networks (AMC Networks) Gross Margin % : 41.97% (As of Dec. 2023)


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What is AMC Networks Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AMC Networks's Gross Profit for the three months ended in Dec. 2023 was $285 Mil. AMC Networks's Revenue for the three months ended in Dec. 2023 was $679 Mil. Therefore, AMC Networks's Gross Margin % for the quarter that ended in Dec. 2023 was 41.97%.


The historical rank and industry rank for AMC Networks's Gross Margin % or its related term are showing as below:

AMCX' s Gross Margin % Range Over the Past 10 Years
Min: 50.21   Med: 51.78   Max: 55.94
Current: 51.05


During the past 13 years, the highest Gross Margin % of AMC Networks was 55.94%. The lowest was 50.21%. And the median was 51.78%.

AMCX's Gross Margin % is ranked better than
68.02% of 963 companies
in the Media - Diversified industry
Industry Median: 38.52 vs AMCX: 51.05

AMC Networks had a gross margin of 41.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AMC Networks was 0.10% per year.


AMC Networks Gross Margin % Historical Data

The historical data trend for AMC Networks's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AMC Networks Gross Margin % Chart

AMC Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.76 50.21 53.47 51.05 51.05

AMC Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.50 54.46 52.56 55.27 41.97

Competitive Comparison of AMC Networks's Gross Margin %

For the Entertainment subindustry, AMC Networks's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AMC Networks's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AMC Networks's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AMC Networks's Gross Margin % falls into.



AMC Networks Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

AMC Networks's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1384.4 / 2711.877
=(Revenue - Cost of Goods Sold) / Revenue
=(2711.877 - 1327.5) / 2711.877
=51.05 %

AMC Networks's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=284.9 / 678.848
=(Revenue - Cost of Goods Sold) / Revenue
=(678.848 - 393.91) / 678.848
=41.97 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


AMC Networks  (NAS:AMCX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

AMC Networks had a gross margin of 41.97% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


AMC Networks Gross Margin % Related Terms

Thank you for viewing the detailed overview of AMC Networks's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


AMC Networks (AMC Networks) Business Description

Traded in Other Exchanges
Address
11 Penn Plaza, New York, NY, USA, 10001
AMC Networks owns several cable networks, including flagship AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, the most widely distributed channel, reaches more than 70 million pay-TV households in the U.S. Over the last decade, AMC shifted its focus to original scripted programming from classic movies. WE tv targets a female audience and reaches roughly 68 million households. IFC mainly shows independent films and alternative comedy series. AMC also operates a number of niche streaming platforms including Acorn (focused on British shows) and Shudder (focused on horror programming). The firm launched AMC+, a streaming platform for its own content in 2020.
Executives
Matthew Blank officer: Interim CEO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
James Gallagher officer: EVP and General Counsel 11 PENN PLAZA, NEW YORK NY 10001
Kimberly Kelleher officer: Chief Commercial Officer C/O REDBOX ENTERTAINMENT INC., 1 TOWER LANE, SUITE 800, OAKBROOK TERRACE IL 60181
Dan Mcdermott officer: President - Ent. & AMC Studios 2425 OLYMPIC BOULEVARD, SANTA MONICA CA 90404
Debra Golding Perelman director 35 EAST 62ND STREET, NEW YORK NY 10065
Dolan Leinauer Corby other: Trustee of 13D Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Patrick O'connell officer: EVP & Chief Financial Officer 11 PENN PLAZA, NEW YORK CITY NY 10001
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joshua W Sapan officer: President and CEO 11 PENN PLAZA, NEW YORK NY 10001
Christina Spade officer: COO and CFO 11 PENN PLAZA, NEW YORK NY 10001
Sherin Michael J. Iii officer: EVP, Chief Accounting Officer 11 PENN PLAZA, NEW YORK CITY NY 10001
Cfd 2021 Gc Trust Fbo Tara E. Dolan other: Member of 13(d) Group DOLAN FAMILY OFFICE, LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Cfd 2021 Gc Trust Fbo Kevyn A. Dolan other: Member of 13(d) Group DOLAN FAMILY OFFICE,LLC, 340 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Aidan J Dolan director 11 PENN PLAZA, NEW YORK NY 10001
Christian B. Wymbs officer: EVP & Chief Accounting Officer AMC NETWORKS INC., 11 PENN PLAZA, NEW YORK NY 10001

AMC Networks (AMC Networks) Headlines