What is National Cinemedia Inc's earnings per share (EPS)?

National Cinemedia Inc (NCMI) reported diluted earnings per share of -$0.11 for fiscal year 2025. This represents a 52.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

National Cinemedia Inc Financials

NCMI

Trailing 12 months to July 2, 2026

Revenue $248.9M +5.7% YoY

Net Income -$7.7M +62.1% YoY

EPS (Diluted) -$0.09 +57.1% YoY

Free Cash Flow $19.7M -18.6% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2027, ended Jul 2, 2026 Reported Aug 11, 2026 Currency USD FYE January

National Cinemedia Inc (NCMI) reported $248.9M in revenue over the twelve months to Jul 2, 2026, up 5.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI NCMI FY2025 2026-08-29

Stable gross margins coexist with near-breakeven cash generation, while shareholder distributions exceed internally generated free cash flow.

Between FY2024 and FY2025, operating cash flow fell from $60.3M to $8.4M even as net loss narrowed, indicating weaker cash conversion behind the reported earnings improvement.

Gross margin moved from 94.3% to 94.7% as revenue rose only slightly; the nearly unchanged margin shape gives no evidence that growth came from a major mix shift. Meanwhile, SG&A fell from $50.7M to $46.1M, helping narrow the operating loss despite limited top-line expansion.

FY2025 shareholder distributions totaled about $33.4M against $2.8M of free cash flow, so returns to shareholders were not covered by that year's internally generated cash. The combination of a current ratio above 2.0x and debt-to-equity below 0.1x describes a balance sheet with short-term cushion and little reported debt.

Financial Health Signals

Financial Health Score 58/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of National Cinemedia Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

National Cinemedia Inc has an operating margin of -5.7%, meaning the company loses $6 on every $100 of revenue. This results in a profitability score of 26/100. This is up from -8.1% the prior year.

Growth

National Cinemedia Inc's revenue grew a modest 1.0% year-over-year to $243.2M. This slow but positive growth earns a score of 83/100.

Leverage

National Cinemedia Inc carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

National Cinemedia Inc's current ratio of 2.22 indicates adequate short-term liquidity, earning a score of 63/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

National Cinemedia Inc has a free cash flow margin of 1.1%, earning a moderate score of 52/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

National Cinemedia Inc posts a -2.8% return on equity (ROE), meaning it loses $3 for every $100 of shareholders' equity. This results in a returns score of 37/100. This is up from -5.4% the prior year.

Altman Z-Score Grey Zone

2.50

National Cinemedia Inc scores 2.50, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

National Cinemedia Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

N/A

National Cinemedia Inc reported a net loss of $10.6M while generating $8.4M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

National Cinemedia Inc reported an operating loss of $13.9M against $600K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$243.2M

YoY+1.0%

5Y CAGR+21.9%

10Y CAGR-5.9%

National Cinemedia Inc generated $243.2M in revenue in fiscal year 2025. This represents an increase of 1.0% from the prior year.

Net Income

-$10.6M

YoY+52.5%

National Cinemedia Inc reported -$10.6M in net income in fiscal year 2025. This represents an increase of 52.5% from the prior year.

EPS (Diluted)

-$0.11

YoY+52.2%

National Cinemedia Inc earned -$0.11 per diluted share (EPS) in fiscal year 2025. This represents an increase of 52.2% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

$2.8M

YoY-94.9%

5Y CAGR-43.2%

10Y CAGR-29.5%

National Cinemedia Inc generated $2.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 94.9% from the prior year.

Cash & Debt

$34.6M

YoY-53.9%

5Y CAGR-28.1%

10Y CAGR+0.9%

National Cinemedia Inc held $34.6M in cash against $12.0M in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.12

National Cinemedia Inc paid $0.12 per share in dividends in fiscal year 2025.

Shares Outstanding

93M

YoY-2.2%

National Cinemedia Inc had 93M shares outstanding in fiscal year 2025. This represents a decrease of 2.2% from the prior year.

Margins & Returns

Gross Margin

94.7%

YoY+0.3pp

National Cinemedia Inc's gross margin was 94.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the prior year.

Operating Margin

-5.7%

YoY+2.4pp

5Y CAGR+61.8pp

10Y CAGR-38.9pp

National Cinemedia Inc's operating margin was -5.7% in fiscal year 2025, reflecting core business profitability. This is up 2.4 percentage points from the prior year.

Net Margin

-4.4%

YoY+4.9pp

5Y CAGR+68.0pp

10Y CAGR-6.9pp

National Cinemedia Inc's net profit margin was -4.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.9 percentage points from the prior year.

Return on Equity

-2.8%

YoY+2.6pp

National Cinemedia Inc's ROE was -2.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the prior year.

Capital Allocation

R&D Spending

$3.1M

YoY-6.1%

5Y CAGR+10.3%

10Y CAGR+7.5%

National Cinemedia Inc invested $3.1M in research and development in fiscal year 2025. This represents a decrease of 6.1% from the prior year.

Share Buybacks

$22.0M

YoY+67.9%

National Cinemedia Inc spent $22.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 67.9% from the prior year.

Capital Expenditures

$5.6M

YoY-3.4%

5Y CAGR-6.9%

10Y CAGR-7.8%

National Cinemedia Inc invested $5.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 3.4% from the prior year.

NCMI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

NCMI quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$248.9M	$243.2M+1.0%	$240.8M+45.8%	$165.2M-33.7%	$249.2M+117.5%	$114.6M+26.8%	$90.4M-79.7%	$444.8M+0.8%	$441.4M+3.6%	$426.1M-4.8%	$447.6M+0.2%	$446.5M+13.3%	$394.0M-14.9%	$462.8M+3.1%	$448.8M+3.1%	$435.4M
Cost of Revenue	$14.4M	$13.0M-5.1%	$13.7M+29.2%	$10.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$234.5M	$230.2M+1.4%	$227.1M+46.9%	$154.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	$3.1M-6.1%	$3.3M+10.0%	$3.0M-34.8%	$4.6M+170.6%	$1.7M-10.5%	$1.9M-47.2%	$3.6M+111.8%	$1.7M-52.8%	$3.6M+5.9%	$3.4M+126.7%	$1.5M-11.8%	$1.7M-5.6%	$1.8M+125.0%	$800K-11.1%	$900K
SG&A Expenses	$46.7M	$46.1M-9.1%	$50.7M-11.5%	$57.3M+29.3%	$44.3M+23.1%	$36.0M+16.5%	$30.9M-29.5%	$43.8M-9.3%	$48.3M+27.4%	$37.9M-13.5%	$43.8M+13.5%	$38.6M+30.8%	$29.5M+0.3%	$29.4M-6.7%	$31.5M+3.6%	$30.4M
Operating Income	-$17.7M	-$13.9M+28.7%	-$19.5M+28.6%	-$27.3M-495.7%	$6.9M+110.1%	-$68.6M-12.5%	-$61.0M-137.8%	$161.3M+4.5%	$154.3M+0.3%	$153.9M-11.0%	$173.0M+16.9%	$148.0M-2.4%	$151.7M-24.9%	$202.0M+5.3%	$191.8M-1.0%	$193.7M
Interest Expense	$700K	$600K-64.7%	$1.7M-93.9%	$27.9M-65.0%	$79.7M+23.0%	$64.8M+16.1%	$55.8M-3.8%	$58.0M+4.7%	$55.4M+4.9%	$52.8M-2.2%	$54.0M+3.4%	$52.2M-0.8%	$52.6M+1.9%	$51.6M-9.0%	$56.7M+15.2%	$49.2M
Income Tax	$0	$0-100.0%	$200K	$0	$0	$0-100.0%	$162.2M+1208.1%	$12.4M-47.2%	$23.5M-87.0%	$180.3M+1152.1%	$14.4M-26.2%	$19.5M+97.0%	$9.9M-51.0%	$20.2M-24.3%	$26.7M+37.6%	$19.4M
Net Income	-$7.7M	-$10.6M+52.5%	-$22.3M-103.2%	$705.2M+2557.1%	-$28.7M+41.1%	-$48.7M+25.5%	-$65.4M-281.2%	$36.1M+21.1%	$29.8M-48.9%	$58.3M+77.2%	$32.9M+191.2%	$11.3M-15.7%	$13.4M-67.5%	$41.2M+207.5%	$13.4M-57.5%	$31.5M
EPS (Diluted)	-$0.09	-$0.11+52.2%	-$0.23	$14.34	-$3.50	-$0.61+27.4%	-$0.84-282.6%	$0.46+24.3%	$0.37	$0.48	$0.54+184.2%	$0.19-17.4%	$0.23-68.5%	$0.73+204.2%	$0.24-58.6%	$0.58

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Revenue	$58.4M+71.8%	$34.0M-63.5%	$93.1M+46.8%	$63.4M+22.4%	$51.8M+48.4%	$34.9M-59.6%	$86.3M+38.3%	$62.4M
Cost of Revenue	$3.7M-7.5%	$4.0M+14.3%	$3.5M+9.4%	$3.2M0.0%	$3.2M+3.2%	$3.1M0.0%	$3.1M-6.1%	$3.3M
Gross Profit	$54.7M+82.3%	$30.0M-66.5%	$89.6M+48.8%	$60.2M+23.9%	$48.6M+52.8%	$31.8M-61.8%	$83.2M+40.8%	$59.1M
SG&A Expenses	$10.8M-18.8%	$13.3M+10.8%	$12.0M+13.2%	$10.6M0.0%	$10.6M-17.8%	$12.9M+18.3%	$10.9M-15.5%	$12.9M
Operating Income	-$12.8M+52.4%	-$26.9M-213.0%	$23.8M+1422.2%	-$1.8M+85.0%	-$12.0M+49.8%	-$23.9M-219.5%	$20.0M+366.7%	-$7.5M
Interest Expense	$200K0.0%	$200K0.0%	$200K+100.0%	$100K0.0%	$100K-50.0%	$200K-60.0%	$500K+25.0%	$400K
Income Tax	$0	$0	$0	$0	$0	$0-100.0%	$200K	$0
Net Income	-$9.9M+65.4%	-$28.6M-197.9%	$29.2M+1725.0%	$1.6M+115.0%	-$10.7M+65.1%	-$30.7M-224.3%	$24.7M+786.1%	-$3.6M
EPS (Diluted)	-$0.11+64.5%	-$0.31-200.0%	$0.31+1450.0%	$0.02+118.2%	-$0.11+65.6%	-$0.32-223.1%	$0.26+750.0%	-$0.04

Not reported in any period shown, so not listed: R&D Expenses.

NCMI Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

NCMI quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$490.6M-13.7%	$568.6M+0.2%	$567.7M-28.4%	$792.4M-3.1%	$817.4M-7.8%	$886.2M-21.6%	$1.1B-1.0%	$1.1B-2.7%	$1.2B+2.7%	$1.1B+6.4%	$1.1B+8.3%	$991.4M-7.1%	$1.1B+31.7%	$810.5M-1.2%	$820.2M
Current Assets	$138.1M-22.4%	$177.9M+23.7%	$143.8M-12.5%	$164.4M+3.8%	$158.4M-20.8%	$199.9M-21.4%	$254.3M+10.1%	$230.9M+8.6%	$212.6M-3.8%	$221.1M+8.6%	$203.6M+18.1%	$172.4M-35.1%	$265.5M+20.3%	$220.7M+19.9%	$184.0M
Cash & Equivalents	$34.6M-53.9%	$75.1M+117.1%	$34.6M-43.9%	$61.7M-39.0%	$101.2M-43.9%	$180.3M+222.5%	$55.9M+35.0%	$41.4M+37.1%	$30.2M+31.3%	$23.0M-27.4%	$31.7M+136.6%	$13.4M-75.5%	$54.7M-24.4%	$72.4M+9.9%	$65.9M
Accounts Receivable	$96.5M+13.1%	$85.3M-11.7%	$96.6M+5.0%	$92.0M+73.6%	$53.0M+227.2%	$16.2M-90.5%	$170.8M+13.9%	$149.9M-6.7%	$160.6M+0.1%	$160.5M+7.8%	$148.9M+27.8%	$116.5M-3.2%	$120.4M+22.2%	$98.5M-0.1%	$98.6M
Goodwill	$500K	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$115.2M-26.8%	$157.4M+18.2%	$133.2M-89.4%	$1.3B+4.6%	$1.2B-11.7%	$1.4B-10.0%	$1.5B0.0%	$1.5B-1.7%	$1.5B+2.3%	$1.5B+1.4%	$1.5B+5.8%	$1.4B+15.3%	$1.2B+4.0%	$1.2B0.0%	$1.2B
Current Liabilities	$62.1M-15.5%	$73.5M+25.9%	$58.4M-95.1%	$1.2B+1623.6%	$69.8M+39.6%	$50.0M-58.2%	$119.5M+8.1%	$110.5M+0.7%	$109.7M-9.0%	$120.6M-3.3%	$124.7M+16.3%	$107.2M-18.5%	$131.5M+44.3%	$91.1M-21.2%	$115.6M
Long-Term Debt	$12.0M+20.0%	$10.0M0.0%	$10.0M	N/A	$1.1B+4.3%	$1.0B+13.6%	$923.9M+0.3%	$920.9M-0.3%	$923.3M-0.1%	$924.3M-0.1%	$925.4M+3.7%	$892.0M+1.8%	$876.0M-0.3%	$879.0M+10.7%	$794.0M
Total Equity	$375.4M-8.7%	$411.2M-5.4%	$434.5M+184.3%	-$515.3M+2.2%	-$526.7M-11.3%	-$473.1M-24.7%	-$379.5M-3.1%	-$368.0M-1.5%	-$362.5M-1.2%	-$358.2M+12.0%	-$407.0M+0.3%	-$408.2M-15.2%	-$354.3M+19.3%	-$439.1M-2.6%	-$427.9M
Retained Earnings	$236.4M-15.8%	$280.9M-11.3%	$316.6M+185.5%	-$370.4M-11.6%	-$332.0M-24.6%	-$266.4M-55.7%	-$171.1M-11.4%	-$153.6M-18.0%	-$130.2M+47.6%	-$248.3M-33.4%	-$186.1M-8.8%	-$171.0M-113.8%	-$80.0M-13.5%	-$70.5M-102.0%	-$34.9M

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Total Assets	$446.3M-4.8%	$468.7M-4.5%	$490.6M+8.6%	$451.9M-2.2%	$462.0M-8.3%	$503.8M-11.4%	$568.6M+8.1%	$526.1M
Current Assets	$111.6M-11.3%	$125.8M-8.9%	$138.1M+44.3%	$95.7M-5.2%	$101.0M-18.7%	$124.2M-30.2%	$177.9M+41.6%	$125.6M
Cash & Equivalents	$43.1M-11.3%	$48.6M+40.5%	$34.6M+15.7%	$29.9M-19.6%	$37.2M-37.7%	$59.7M-20.5%	$75.1M+52.0%	$49.4M
Accounts Receivable	$62.0M-11.6%	$70.1M-27.4%	$96.5M+63.3%	$59.1M+3.5%	$57.1M+22.3%	$46.7M-45.3%	$85.3M+35.8%	$62.8M
Goodwill	$600K+20.0%	$500K0.0%	$500K	N/A	N/A	N/A	$0	N/A
Total Liabilities	$112.0M-9.6%	$123.9M+7.6%	$115.2M+13.6%	$101.4M-9.5%	$112.0M-15.8%	$133.0M-15.5%	$157.4M+11.9%	$140.6M
Current Liabilities	$60.7M-12.4%	$69.3M+11.6%	$62.1M+23.0%	$50.5M-12.8%	$57.9M+6.6%	$54.3M-26.1%	$73.5M+43.8%	$51.1M
Long-Term Debt	$12.0M0.0%	$12.0M0.0%	$12.0M	$0	$0	$0-100.0%	$10.0M0.0%	$10.0M
Total Equity	$334.3M-3.0%	$344.8M-8.2%	$375.4M+7.1%	$350.5M+0.1%	$350.0M-5.6%	$370.8M-9.8%	$411.2M+6.7%	$385.5M
Retained Earnings	$191.3M-6.4%	$204.3M-13.6%	$236.4M+10.7%	$213.5M-0.6%	$214.8M-9.7%	$237.9M-15.3%	$280.9M+8.7%	$258.3M

Not reported in any period shown, so not listed: Inventory.

NCMI Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

NCMI quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$23.9M	$8.4M-86.1%	$60.3M+1000.0%	-$6.7M+85.8%	-$47.3M+50.3%	-$95.2M-272.2%	$55.3M-61.5%	$143.6M-4.5%	$150.3M+8.2%	$138.9M+4.0%	$133.5M+26.8%	$105.3M-10.7%	$117.9M-23.0%	$153.1M+87.6%	$81.6M-49.6%	$161.8M
Capital Expenditures	$4.2M	$5.6M-3.4%	$5.8M+75.8%	$3.3M+13.8%	$2.9M-49.1%	$5.7M-28.7%	$8.0M-42.9%	$14.0M-1.4%	$14.2M+22.4%	$11.6M-10.1%	$12.9M+2.4%	$12.6M+44.8%	$8.7M-13.9%	$10.1M-2.9%	$10.4M-23.0%	$13.5M
Free Cash Flow	$19.7M	$2.8M-94.9%	$54.5M+645.0%	-$10.0M+80.1%	-$50.2M+50.2%	-$100.9M-313.3%	$47.3M-63.5%	$129.6M-4.8%	$136.1M+6.9%	$127.3M+5.6%	$120.6M+30.1%	$92.7M-15.1%	$109.2M-23.6%	$143.0M+100.8%	$71.2M-52.0%	$148.3M
Investing Cash Flow	-$14.1M	-$15.4M-170.2%	-$5.7M-117.5%	$32.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$55.9M-188.1%	-$19.4M+63.5%	-$53.1M
Financing Cash Flow	-$4.0M	-$33.5M-137.6%	-$14.1M+72.9%	-$52.1M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-$114.9M-106.3%	-$55.7M+52.5%	-$117.2M
Dividends Paid	$11.4M	$11.4M+3700.0%	$300K-40.0%	$500K-94.7%	$9.5M-43.8%	$16.9M-47.2%	$32.0M-40.3%	$53.6M-1.5%	$54.4M-7.3%	$58.7M+7.5%	$54.6M+4.4%	$52.3M-35.4%	$81.0M+64.6%	$49.2M+1.0%	$48.7M+7.5%	$45.3M
Share Buybacks	$4.5M	$22.0M+67.9%	$13.1M	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Operating Cash Flow	-$1.5M-108.3%	$18.1M+118.1%	$8.3M+930.0%	-$1.0M+79.6%	-$4.9M-181.7%	$6.0M-80.3%	$30.5M+1625.0%	-$2.0M
Capital Expenditures	$700K+133.3%	$300K-86.4%	$2.2M+120.0%	$1.0M-41.2%	$1.7M+142.9%	$700K-70.8%	$2.4M+300.0%	$600K
Free Cash Flow	-$2.2M-112.4%	$17.8M+191.8%	$6.1M+405.0%	-$2.0M+69.7%	-$6.6M-224.5%	$5.3M-81.1%	$28.1M+1180.8%	-$2.6M
Investing Cash Flow	-$1.0M-900.0%	-$100K+99.0%	-$9.6M-182.4%	-$3.4M-100.0%	-$1.7M-142.9%	-$700K+75.0%	-$2.8M-460.0%	-$500K
Financing Cash Flow	-$3.0M+25.0%	-$4.0M-166.7%	$6.0M+300.0%	-$3.0M+81.4%	-$16.1M+21.1%	-$20.4M-920.0%	-$2.0M-5.3%	-$1.9M
Dividends Paid	$2.9M+3.6%	$2.8M-3.4%	$2.9M+3.6%	$2.8M-50.9%	$5.7M	$0	$0	$0
Share Buybacks	$200K-80.0%	$1.0M-69.7%	$3.3M	$0-100.0%	$9.9M+12.5%	$8.8M+340.0%	$2.0M+5.3%	$1.9M

NCMI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

NCMI quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	94.7%+0.3pp	94.3%+0.7pp	93.6%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-5.7%+2.4pp	-8.1%+8.4pp	-16.5%-19.3pp	2.8%+62.6pp	-59.9%+7.6pp	-67.5%-103.7pp	36.3%+1.3pp	35.0%-1.2pp	36.1%-2.5pp	38.6%+5.5pp	33.1%-5.3pp	38.5%-5.1pp	43.6%+0.9pp	42.7%-1.8pp	44.5%
Net Margin	-4.4%+4.9pp	-9.3%	426.9%	-11.5%+31.0pp	-42.5%+29.9pp	-72.4%-80.5pp	8.1%+1.4pp	6.8%-6.9pp	13.7%+6.3pp	7.3%+4.8pp	2.5%-0.9pp	3.4%-5.5pp	8.9%+5.9pp	3.0%-4.2pp	7.2%
Return on Equity	-2.8%+2.6pp	-5.4%-167.7pp	162.3%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-2.2%+1.8pp	-3.9%-128.1pp	124.2%+127.8pp	-3.6%+2.3pp	-6.0%+1.4pp	-7.4%-10.6pp	3.2%+0.6pp	2.6%-2.4pp	5.0%+2.1pp	2.9%+1.8pp	1.1%-0.3pp	1.4%-2.5pp	3.9%+2.2pp	1.7%-2.2pp	3.8%
Current Ratio	2.22-0.2x	2.420.0x	2.46+2.3x	0.14-2.1x	2.27-1.7x	4.00+1.9x	2.130.0x	2.09+0.2x	1.94+0.1x	1.83+0.2x	1.630.0x	1.61-0.4x	2.02-0.4x	2.42+0.8x	1.59
Debt-to-Equity	0.030.0x	0.020.0x	0.02	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	1.1%-21.5pp	22.6%+28.7pp	-6.0%+14.1pp	-20.1%+67.9pp	-88.0%-140.4pp	52.3%+23.2pp	29.1%-1.7pp	30.8%+1.0pp	29.9%+2.9pp	26.9%+6.2pp	20.8%-7.0pp	27.7%-3.2pp	30.9%+15.0pp	15.9%-18.2pp	34.1%

Metric	Q2'27	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25
Gross Margin	93.7%+5.4pp	88.2%-8.0pp	96.2%+1.3pp	95.0%+1.1pp	93.8%+2.7pp	91.1%-5.3pp	96.4%+1.7pp	94.7%
Operating Margin	-21.9%+57.2pp	-79.1%-104.7pp	25.6%+28.4pp	-2.8%+20.3pp	-23.2%+45.3pp	-68.5%-91.6pp	23.2%+35.2pp	-12.0%
Net Margin	-17.0%+67.2pp	-84.1%-115.5pp	31.4%+28.8pp	2.5%+23.2pp	-20.7%+67.3pp	-88.0%-116.6pp	28.6%+34.4pp	-5.8%
Return on Equity	-3.0%+5.3pp	-8.3%-16.1pp	7.8%+7.3pp	0.5%+3.5pp	-3.1%+5.2pp	-8.3%-14.3pp	6.0%+6.9pp	-0.9%
Return on Assets	-2.2%+3.9pp	-6.1%-12.0pp	5.9%+5.6pp	0.4%+2.7pp	-2.3%+3.8pp	-6.1%-10.4pp	4.3%+5.0pp	-0.7%
Current Ratio	1.840.0x	1.82-0.4x	2.22+0.3x	1.90+0.2x	1.74-0.5x	2.29-0.1x	2.420.0x	2.46
Debt-to-Equity	0.040.0x	0.030.0x	0.030.0x	0.000.0x	0.000.0x	0.000.0x	0.020.0x	0.03
FCF Margin	-3.8%-56.1pp	52.3%+45.8pp	6.6%+9.7pp	-3.1%+9.6pp	-12.7%-27.9pp	15.2%-17.4pp	32.6%+36.7pp	-4.2%

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Where National Cinemedia Inc Ranks

Frequently Asked Questions

What is National Cinemedia Inc's annual revenue?

National Cinemedia Inc (NCMI) reported $243.2M in total revenue for fiscal year 2025. This represents a 1.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is National Cinemedia Inc's revenue growing?

National Cinemedia Inc (NCMI) revenue grew by 1.0% year-over-year, from $240.8M to $243.2M in fiscal year 2025.

Is National Cinemedia Inc profitable?

No, National Cinemedia Inc (NCMI) reported a net income of -$10.6M in fiscal year 2025, with a net profit margin of -4.4%.

How much debt does National Cinemedia Inc have?

As of fiscal year 2025, National Cinemedia Inc (NCMI) had $34.6M in cash and equivalents against $12.0M in long-term debt.

What is National Cinemedia Inc's gross margin?

National Cinemedia Inc (NCMI) had a gross margin of 94.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is National Cinemedia Inc's operating margin?

National Cinemedia Inc (NCMI) had an operating margin of -5.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is National Cinemedia Inc's net profit margin?

National Cinemedia Inc (NCMI) had a net profit margin of -4.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does National Cinemedia Inc pay dividends?

Yes, National Cinemedia Inc (NCMI) paid $0.12 per share in dividends during fiscal year 2025.

What is National Cinemedia Inc's return on equity (ROE)?

National Cinemedia Inc (NCMI) has a return on equity of -2.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is National Cinemedia Inc's free cash flow?

National Cinemedia Inc (NCMI) generated $2.8M in free cash flow during fiscal year 2025. This represents a -94.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is National Cinemedia Inc's operating cash flow?

National Cinemedia Inc (NCMI) generated $8.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are National Cinemedia Inc's total assets?

National Cinemedia Inc (NCMI) had $490.6M in total assets as of fiscal year 2025, including both current and long-term assets.

What are National Cinemedia Inc's capital expenditures?

National Cinemedia Inc (NCMI) invested $5.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does National Cinemedia Inc spend on research and development?

National Cinemedia Inc (NCMI) invested $3.1M in research and development during fiscal year 2025.

Does National Cinemedia Inc buy back shares?

Yes, National Cinemedia Inc (NCMI) spent $22.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does National Cinemedia Inc have outstanding?

National Cinemedia Inc (NCMI) had 93M shares outstanding as of fiscal year 2025.

What is National Cinemedia Inc's current ratio?

National Cinemedia Inc (NCMI) had a current ratio of 2.22 as of fiscal year 2025, which is generally considered healthy.

What is National Cinemedia Inc's debt-to-equity ratio?

National Cinemedia Inc (NCMI) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is National Cinemedia Inc's return on assets (ROA)?

National Cinemedia Inc (NCMI) had a return on assets of -2.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is National Cinemedia Inc's Altman Z-Score?

National Cinemedia Inc (NCMI) has an Altman Z-Score of 2.50, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is National Cinemedia Inc's Piotroski F-Score?

National Cinemedia Inc (NCMI) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are National Cinemedia Inc's earnings high quality?

National Cinemedia Inc (NCMI) reported a net loss of $10.6M while generating $8.4M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can National Cinemedia Inc cover its interest payments?

National Cinemedia Inc (NCMI) reported an operating loss of $13.9M against $600K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is National Cinemedia Inc?

National Cinemedia Inc (NCMI) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.