Forensic Analysis · Communication Services / Telecom · as of Sep 26, 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
-24.5
P / E (ttm)
9.1%
ROE
$495M
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, going concern, valuation). 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, against 7.5% in FY2023, having run between -1.1% and 7.5% across FY2023–FY2025 with no direction held. After-tax operating profit was $264M in FY2023 and $92M in FY2025, with operating income at 14.3% of revenue in FY2023, -1.6% in FY2024 and 5.8% in FY2025. The capital base behind it came down -24% across FY2023–FY2025, from $3.5B to $2.7B, so this return is struck on a smaller base than it started on. FY2023's operating profit carried a $97M asset write-down, a $28M restructuring charge and a $22M goodwill write-off that took about 2.8 points off that year's return, and FY2025's carried a $98M asset write-down, a $93M goodwill write-off and a $27M restructuring charge that took about 5.6 points off the latest; so, net of each other, the two charges take about 2.8 points off the -4.1-point change across FY2023–FY2025. FY2024's operating profit carried a $400M asset write-down, a $371M goodwill write-off and a $49M restructuring charge that alone took about 22.5 points off that year's return; FY2024 sits between the two ends of FY2023–FY2025, so the charge shapes the path between them without moving the change across it.
+13.4%/yr
FY2023–FY2025
Share-count dilution.Diluted share count changed +29% over the last 2 years to FY2025 (+13.4%/yr). The count is growing — 44.0M shares in FY2023, 56.6M in FY2025: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~13.4% 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 FY2023 has been diluted ~22%.
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. No cash left the business to pay it, which is why operating cash flow adds it back. Net of repurchases the diluted count still rose about 13.4% a year across FY2023–FY2025 and that rate is not falling, so total profit has to grow by that much annually before any of it reaches a share. Stock compensation is one source of that issuance; acquisition consideration, equity raises, convertibles and other employee plans also net into the count, and these figures do not separate them.
Key fundamentals
Latest Revenue$2.31B
Revenue Growth YoY-4.5%
Revenue CAGR (2yr)-7.7%
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?
Data from SEC EDGAR public filings · metrics as of Sep 26, 2026. Forensic signals flag probability, not certainty.
Amc Global Media Inc. (AMCX) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
$486M
FY2023–FY2025
Goodwill impairments.Took $486M of goodwill writedowns across 3 years (FY2023 ($22M), FY2024 ($371M), FY2025 ($93M)) — about 620% 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.