Forensic Analysis · Communication Services / Telecom · as of Aug 11, 2026
Amc Global Media Inc. (AMCX)
A forensic read on Amc Global Media Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
3.1
Distress distance
Clean
Earnings quality
4
Forensic signals
-25.2
P / E (ttm)
9.1%
ROE
$488M
Market cap
0.00%
Dividend yield
-4.5%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Amc Global Media Inc. earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 3.1, placing it in the Safe zone. 4 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
3.4%
FY2025
Return on invested capital.Return on invested capital is 3.4% in the latest fiscal year and steady — well below its ~8% cost of capital, so reinvested dollars may be destroying value, not building it.
+9.0%/yr
FY2022–FY2025
Share-count dilution.Diluted share count changed +29% over the last 3 years to FY2025 (+9.0%/yr). A change of direction: the count shrank over the full period (net -1.6%/yr since FY2011) but has grown across the recent window, so the two figures point opposite ways — read the recent window on totals versus per-share, since the full-period rate no longer describes what the count is doing now. That's ~9.0% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2022 has been diluted ~23%.
1.1% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 1.1% of revenue and 9% of free cash flow in FY2025 — about $0.45 per diluted share. The cost of it is not in the cash flow — no cash left the business — it is in the count: holders gave up about 9.7% of the company a year, and that rate is not falling. That is the figure to weigh, not the share of free cash flow.
$650M
FY2019–FY2025
Goodwill impairments.Took $650M of goodwill writedowns across 6 years (FY2023 ($22M), FY2024 ($371M), FY2025 ($93M)) — about 68% of net income over the span. A large writedown means an acquisition turned out worth far less than was paid — a real mark against M&A discipline.
Key fundamentals
Latest Revenue$2.31B
Revenue Growth YoY-4.5%
Revenue CAGR (3yr)-9.3%
Net Margin3.9%
Free Cash Flow$272.4M
Return on Equity9.1%
Debt / Equity1.78x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Amc Global Media Inc.'s actual 10-K/10-Q/8-K filings?