AMCX AMC Global Media Inc.

Overview and Growth

AMC Global Media Inc. generated $2.31B of revenue in fiscal 2025, with net income of $89.40M and an operating cash inflow of $305.67M. At $2.31B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 4.5% from $2.42B in fiscal 2024; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of $1.66, adding a shareholder-level measure to the absolute income figures considered below. Asset turnover was 0.59x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $1.17B as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 50.6% of revenue, quantifying the portion retained before operating expenses were recognized. Operating income was $133.32M, the earnings remaining from reported operations after the company’s recognized operating cost structure. The operating result equaled 5.8% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $89.40M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 3.9%, meaning that this portion of revenue remained as net income after all recognized expenses. Pretax income was $148.00M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Measured against revenue, pretax income equaled 6.4%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $46.23M, the amount recognized between pretax income and the final net-income result. The effective relationship between income tax and positive pretax income was 31.2%, without assuming a statutory-rate comparison. Net income equaled 8.8% of period-end equity, showing the earnings generated on shareholders’ book capital.

Liquidity and Capital Structure

At period end, the $3.94B asset base was financed through $2.92B of liabilities and $1.01B of equity. The near-term balance sheet paired $1.28B of current assets with $768.38M of current liabilities at the reporting date. Current assets covered current liabilities by 1.67x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $502.38M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 65.4% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $1.75B, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 1.73x, placing the company’s financial leverage in clear balance-sheet terms. Debt represented 44.5% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 74.2%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 12.8%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 9.8% lower than fiscal 2024 assets of $4.36B, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

Cash flow from operations was $305.67M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 3.42x, showing the relationship between accrual earnings and operating cash. The cash-flow statement records $33.30M of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 10.9%, connecting investment intensity with the company’s cash-generation base. Free cash flow came to $272.37M, leaving a positive amount after capital expenditures. The free-cash-flow margin was 11.8%, measuring cash remaining after capital spending against revenue. The free-cash-flow-to-assets relationship was 6.9%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.