AMC Networks Inc. (AMCX) Financial Statements (2024 and earlier)

Company Profile

Business Address 11 PENN PLAZA
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4841 - Cable and Other Pay Television Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments    555559
Cash and cash equivalents    555559
Receivables722815814857836776
Contract with customer, asset, after allowance for credit loss49691079✕
Deferred costs     1730
Other undisclosed current assets1,1791,1151,1151,466547515
Total current assets:1,9502,0001,9392,3301,9631,880
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization11121316✕✕
Operating lease, right-of-use asset108126147170✕✕
Property, plant and equipment202226256284246184
Long-term investments and receivables361387337342273258
Long-term investments8094706991108
Accounts and financing receivable, after allowance for credit loss 281293268273182150
Intangible assets, net (including goodwill)9981,1091,0971,2271,3771,152
Goodwill643709686702798695
Intangible assets, net (excluding goodwill)355399411525579457
Contract with customer, asset, after allowance for credit loss  291108✕
Regulated entity, other noncurrent assets10137111417
Deferred income tax assets14112552✕✕
Other noncurrent assets599545514496442448
Deferred tax assets, net✕✕✕✕✕1920
Other undisclosed noncurrent assets1,3811,2909116609361,074
Total noncurrent assets:3,6843,7493,3083,2663,3153,153
TOTAL ASSETS:5,6345,7495,2465,5975,2795,033
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities591514441346372365
Accounts payable17217312194107102
Accrued liabilities419340320251265263
Deferred revenue1351677164✕✕
Debt38347956215
Restructuring reserve  026   
Program rights obligations374307259305344328
Deferred revenue and credits✕✕✕✕✕✕46
Other undisclosed current liabilities323633461 
Total current liabilities:1,1701,058878804797744
Noncurrent Liabilities
Long-term debt and lease obligation2,7982,9572,9693,0403,1103,126
Long-term debt, excluding current maturities2,7792,8052,7743,0403,0883,099
Capital lease obligations✕✕✕✕✕2126
Finance lease, liability192428 ✕✕
Liabilities, other than long-term debt558548440540727781
Deferred tax liabilities, net✕✕✕✕✕145110
Deferred income tax liabilities113164132137✕✕
Other liabilities139166126164208136
Operating lease, liability106128166 ✕✕
Program rights obligations201218183240373535
Other undisclosed noncurrent liabilities    211  
Total noncurrent liabilities:3,3563,5043,4093,7913,8363,906
Total liabilities:4,5264,5624,2884,5964,6344,650
Temporary equity, carrying amount254284316309300219
Equity
Equity, attributable to parent, including:807851617666317135
Treasury stock, value(1,420)(1,420)(1,420)(1,063)(993)(709)
Additional paid in capital360348323286240191
Accumulated other comprehensive loss(240)(176)(135)(168)(160)(114)
Retained earnings2,1062,0981,8471,6091,229767
Other undisclosed equity, attributable to parent111111
Equity, attributable to noncontrolling interest475226262929
Total equity:854903643692345164
TOTAL LIABILITIES AND EQUITY:5,6345,7495,2465,5975,2795,033

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues3,0973,0782,8153,0602,9722,806
Revenue, net✕✕✕✕✕✕2,806
Cost of revenue(1,516)(1,432)(1,402)(1,507)(1,446)(1,341)
Gross profit:1,5811,6461,4131,5531,5261,465
Operating expenses(1,090)(1,156)(971)(915)(799)(714)
Other undisclosed operating loss(404)  (13) (28)
Operating income:87490443625727722
Nonoperating expense(117)(116)(40)(139)(107)(82)
Investment income, nonoperating131030251915
Other nonoperating income (expense)42571(6)2940
Interest and debt expense(134)(22)(3)(158)(155)(3)
Income (loss) from continuing operations before equity method investments, income taxes:(164)352399328465637
Other undisclosed income from continuing operations before income taxes1342231581553
Income (loss) from continuing operations before income taxes:(30)374402486620640
Income tax expense (benefit)41(94)(145)(78)(156)(151)
Income from continuing operations:11280257408464490
Income before gain (loss) on sale of properties:✕✕280257408464490
Net income:11280257408464490
Net income (loss) attributable to noncontrolling interest(3)(29)(17)(27)(18)(18)
Net income available to common stockholders, diluted:8251240380446471

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:11280257408464490
Other comprehensive income (loss)(67)(42)33(7)(44)83
Other undisclosed comprehensive income (loss)    (0)2(3)
Comprehensive income (loss):(56)238290400422569
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(28)(17)(27)(16)(21)
Comprehensive income (loss), net of tax, attributable to parent:(56)210273373406548

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: