National CineMedia, Inc.
National CineMedia, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Affiliated Entity | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
National Cine Media L L C | - | - | - | - | - | - | - | - | - | - | - | -162 | |||||
Cash And Cash Equivalents At Carrying Value | 49 | 35 | 30 | 37 | 60 | 75 | 49 | 54 | 57 | 35 | 17 | 16 | |||||
Restricted Cash | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 0 | |||||
Marketable Securities Current | - | - | 0 | 0 | 0 | 0 | 0 | - | - | 0 | - | - | |||||
Accounts Receivable Net Current | 70 | 97 | 59 | 57 | 47 | 85 | 63 | 51 | 49 | 97 | 69 | 0 | |||||
Prepaid Expense Current And Noncurrent | - | - | - | - | - | - | - | - | - | - | 11 | - | |||||
Other Assets Current | - | - | - | - | - | - | - | - | - | - | 1 | - | |||||
Prepaid Expense And Other Assets Current | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 4 | - | 7 | |||||
Assets Current | 126 | 138 | 96 | 101 | 124 | 178 | 126 | 116 | 117 | 144 | 103 | 24 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment Net | 18 | 19 | 17 | 17 | 16 | 16 | 15 | 16 | 16 | 16 | 15 | 0 | |||||
Finite Lived Intangible Assets Net | 300 | 309 | 314 | 322 | 341 | 351 | 364 | 375 | 385 | 394 | 409 | 0 | |||||
Goodwill | 1 | 1 | - | - | - | 0 | - | - | - | - | - | - | |||||
Other Investments | 9 | 8 | 7 | 4 | 4 | 4 | 1 | 1 | 1 | 1 | 1 | - | |||||
Other Long Term Investments | - | - | - | - | - | - | - | - | 1 | 1 | 1 | 0 | |||||
Debt Issuance Costs Line Of Credit Arrangements Ne… | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 0 | |||||
Other Assets Noncurrent | 14 | 15 | 17 | 17 | 18 | 18 | 18 | 17 | 18 | 11 | 9 | 0 | |||||
Assets Noncurrent | 343 | 353 | 356 | 361 | 380 | 391 | 401 | 411 | 421 | 424 | 436 | 20 | |||||
Assets | 469 | 491 | 452 | 462 | 504 | 569 | 526 | 527 | 539 | 568 | 539 | 43 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accrued Liabilities Current | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | |||||
Employee Related Liabilities Current | 7 | 12 | 8 | 7 | 5 | 16 | 12 | 10 | 5 | 18 | 14 | 2 | |||||
Accounts Payable Current | 26 | 26 | 21 | 19 | 20 | 23 | 16 | 16 | 16 | 22 | 19 | 2 | |||||
Contract With Customer Liability Current | 26 | 11 | 10 | 19 | 18 | 24 | 15 | 13 | 13 | 10 | 9 | 4 | |||||
Other Liabilities Current | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 1 | 1 | - | 0 | |||||
Liabilities Current | 69 | 62 | 51 | 58 | 54 | 74 | 51 | 48 | 43 | 58 | 52 | 10 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Debt Noncurrent | 12 | 12 | 0 | 0 | 0 | 10 | 10 | 10 | 10 | 10 | 10 | 0 | |||||
Operating Lease Liability Noncurrent | 9 | 9 | 11 | 11 | 12 | 13 | 12 | - | 12 | 5 | 5 | - | |||||
Other Liabilities Noncurrent | 1 | 1 | 2 | 2 | 2 | 2 | - | 12 | - | 5 | - | 0 | |||||
Liabilities Noncurrent | 55 | 53 | 51 | 54 | 79 | 84 | 90 | 92 | 94 | 75 | 78 | 53 | |||||
Liabilities | 124 | 115 | 101 | 112 | 133 | 157 | 141 | 139 | 136 | 133 | 130 | 63 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | |||||
Retained Earnings Accumulated Deficit | 204 | 236 | 214 | 215 | 238 | 281 | 258 | 264 | 282 | 317 | 293 | 111 | |||||
Stockholders Equity | 345 | 375 | 351 | 350 | 371 | 411 | 386 | 388 | 402 | 435 | 409 | -19 | |||||
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities And Stockholders Equity | 469 | 491 | 452 | 462 | 504 | 569 | 526 | 527 | 539 | 568 | 539 | 43 | |||||
Related Party Founding Members Member | 0 | 187 | -3 | 193 | 0 | 212 | 221 | -0 | 0 | 0 | 0 | -0 | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | |||||
Accumulated Depreciation Depletion And Amortizatio… | 10 | 8 | 8 | 7 | 6 | 5 | 5 | 4 | 2 | 2 | 1 | 0 | |||||
Finite Lived Intangible Assets Accumulated Amortiz… | 94 | 86 | 78 | 70 | 62 | 53 | 43 | 34 | 25 | 15 | 6 | 0 | |||||
Deferred Finance Costs Noncurrent Net | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Deferred Tax Assets Valuation Allowance | - | - | - | - | - | - | - | - | - | 146 | - | - | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 260 | 260 | 260 | 260 | 260 | 260 | 260 | 260 | - | 260 | 260 | 260 | |||||
Common Stock Shares Issued | 187 | 187 | 187 | 187 | 190 | 192 | 190 | 190 | 194 | 194 | 194 | 174 | |||||
Shares Outstanding | 187 | 187 | 187 | 187 | 190 | 192 | 190 | 190 | - | 194 | - | 174 | |||||
Available For Sale Securities Debt Securities Nonc… | - | - | - | - | - | - | - | - | - | 0 | 0 | 8 | |||||
Cost Method Investments | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Available For Sale Securities Debt Securities Curr… | - | - | - | - | - | - | - | - | - | 0 | 0 | 1 | |||||
Increase Decrease In Due To Related Parties Curren… | - | - | - | - | - | - | - | - | - | 7 | - | - | |||||
Deferred Finance Costs Current Net | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Short Term Borrowings | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Operating Lease Liability | - | - | - | - | - | - | - | - | - | - | 1 | - | |||||
Operating Lease Liability Current | - | - | - | - | - | - | - | - | - | 1 | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.09% | 18.64% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -5.48% | -15.19% | -12.76% | -2.64% | 2.90% | -5.97% | 3.76% | -3.72% | -4.22% | -7.77% | 4.30% | -19.55% |
| 2024 | 14.91% | -9.11% | 18.22% | 30.49% | 36.36% | 34.66% | -4.79% | -9.45% | -5.48% | -11.19% | -6.60% | -21.97% |
| 2023 | - | - | - | 15.68% | 28.38% | -0.27% | 1.54% | 6.43% | 8.74% | 12.09% | 6.64% | 16.35% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.82 | 2.22 | 1.90 | 1.74 | 2.29 | 2.42 | 2.46 | 2.45 | 2.76 | 2.46 | 2.00 | 2.43 | |||||
| Quick Ratio | 1.76 | 2.16 | 1.82 | 1.68 | 2.22 | 2.37 | 2.39 | 2.26 | 2.56 | 2.39 | 2.00 | 1.70 | |||||
| Working Capital | 56.50M | 76.00M | 45.20M | 43.10M | 69.90M | 104.40M | 74.50M | 68.90M | 74.90M | 85.40M | 51.60M | 14.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.36 | 0.31 | 0.29 | 0.32 | 0.36 | 0.38 | 0.36 | 0.36 | 0.34 | 0.31 | 0.32 | -3.25 | |||||
| Interest Coverage TTM | -28.17 | -23.17 | -19.67 | -19.50 | -13.80 | -11.47 | -11.18 | -14.88 | -4.51 | -0.98 | -0.40 | -0.17 | |||||
| Debt Ratio | 0.26 | 0.23 | 0.22 | 0.24 | 0.26 | 0.28 | 0.27 | 0.26 | 0.25 | 0.23 | 0.24 | 1.44 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.50 | 0.46 | 0.48 | 0.48 | 0.46 | 0.42 | 0.46 | 0.73 | 0.26 | 0.24 | 0.25 | 0.47 | |||||
| Days Sales Outstanding TTM | 87.97 | 136.42 | 94.11 | 83.57 | 72.98 | 137.86 | 98.28 | 44.75 | 95.55 | 208.35 | 140.75 | 59.44 | |||||
| Receivables Turnover TTM | 4.15 | 2.68 | 3.88 | 4.37 | 5.00 | 2.65 | 3.71 | 8.16 | 3.82 | 1.75 | 2.59 | 6.14 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.09 | -0.11 | -0.16 | -0.22 | -0.19 | -0.23 | -0.34 | 1.59 | 7.30 | 14.34 | 10.95 | 7.14 | |||||
| Free Cash Flow Per Share TTM | 0.16 | 0.03 | 0.26 | 0.26 | 0.39 | 0.57 | 0.42 | 0.16 | 0.03 | -0.21 | -0.40 | 0.08 | |||||
| Dividend Per Share TTM | 0.15 | 0.12 | 0.09 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.04 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 94.26% | 94.65% | 94.67% | 94.60% | 94.46% | 94.31% | 94.21% | 93.50% | 93.86% | 93.58% | 91.03% | 90.51% | |||||
| Operating Profit Margin TTM | -6.97% | -5.72% | -7.49% | -9.94% | -8.69% | -8.10% | -7.75% | -11.46% | -11.57% | -16.53% | -11.92% | -5.97% | |||||
| Net Profit Margin TTM | -3.51% | -4.36% | -6.39% | -8.62% | -7.68% | -9.26% | -13.00% | 73.94% | 421.88% | 421.73% | 414.03% | 253.70% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 1.68% | 1.00% | -3.63% | 13.39% | 42.10% | 45.76% | 47.68% | 5.97% | -32.43% | -33.71% | -24.84% | -1.16% | |||||
| Net Income Growth (1Y) | -53.55% | -52.47% | -52.66% | -113.22% | -102.59% | -103.20% | -104.64% | -69.11% | -1,543.88% | -2,527.53% | -2,724.81% | -1,629.23% | |||||
| EPS Growth (1Y) | -52.47% | -51.62% | -51.90% | -113.57% | -102.63% | -101.60% | -103.06% | -77.70% | -967.10% | -1,762.22% | -1,465.08% | -815.75% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -33.11 | -33.93 | -27.26 | -21.72 | -29.28 | -27.31 | -20.13 | 2.64 | 0.67 | 0.27 | 0.39 | 0.46 | |||||
| P/B TTM | 0.82 | 0.96 | 1.17 | 1.26 | 1.44 | 1.48 | 1.67 | 1.04 | 1.19 | 0.44 | 0.66 | -11.74 | |||||
| P/S TTM | 1.16 | 1.48 | 1.74 | 1.87 | 2.25 | 2.53 | 2.62 | 1.95 | 2.85 | 1.15 | 1.62 | 1.16 | |||||
| Market Cap | 281.45M | 359.64M | 411.67M | 440.99M | 535.78M | 609.03M | 642.29M | 404.94M | 477.55M | 189.67M | 269.63M | 226.49M | |||||
| Enterprise Value | 241.85M | 334.04M | 378.77M | 400.69M | 472.78M | 540.93M | 599.89M | 358.14M | 427.45M | 162.07M | 256.63M | 210.99M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 15.30M | 2.80M | 24.80M | 24.20M | 37.20M | 54.50M | 40.40M | 15.60M | 3.20M | -10.00M | -24.90M | 5.70M | |||||
| Net Debt | -39.60M | -25.60M | -32.90M | -40.30M | -63.00M | -68.10M | -42.40M | -46.80M | -50.10M | -27.60M | -13.00M | -15.50M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
National CineMedia, Inc. (NCMI) — SEC Financial Statements & Analysis
National CineMedia, Inc. (NCMI) is a services-advertising company, incorporated in DE. National CineMedia, Inc. trades on NCMI: Nasdaq as: NCMI. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), National CineMedia, Inc. reported a 1.68% year-over-year revenue growth, a Gross Profit Margin of 94.26% (TTM), a Debt-to-Equity ratio of 0.36x, a Price-to-Sales (P/S) ratio of 1.16x (TTM), a Price-to-Book (P/B) ratio of 0.82 (TTM), at a market cap of $281.45M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 1.68%
- Gross Profit Margin TTM
- 94.26%
- Debt To Equity
- 0.36x
- P/S TTM
- 1.16x
- P/B TTM
- 0.82
- Market Cap
- $281.45M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is National CineMedia, Inc. in?
National CineMedia, Inc. (NCMI) operates in the Services-Advertising industry.
What is NCMI's market cap?
National CineMedia, Inc. (NCMI) has a market capitalization of $281.45M as of 2026-03-31.
What exchange does NCMI trade on?
National CineMedia, Inc. (NCMI) trades on the NCMI: Nasdaq.
Where is National CineMedia, Inc. incorporated?
National CineMedia, Inc. is incorporated in DE.