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Side-by-side financial comparison of AMC Networks Inc. (AMCX) and ADVANCED DRAINAGE SYSTEMS, INC. (WMS). Click either name above to swap in a different company.

ADVANCED DRAINAGE SYSTEMS, INC. is the larger business by last-quarter revenue ($693.4M vs $594.8M, roughly 1.2× AMC Networks Inc.). ADVANCED DRAINAGE SYSTEMS, INC. runs the higher net margin — 13.5% vs -9.3%, a 22.8% gap on every dollar of revenue. On growth, ADVANCED DRAINAGE SYSTEMS, INC. posted the faster year-over-year revenue change (0.4% vs -0.8%). ADVANCED DRAINAGE SYSTEMS, INC. produced more free cash flow last quarter ($183.6M vs $40.4M). Over the past eight quarters, ADVANCED DRAINAGE SYSTEMS, INC.'s revenue compounded faster (3.0% CAGR vs -0.1%).

AMC Networks Inc. is an American independent mass media and entertainment corporation headquartered in 11 Penn Plaza, New York City. The company owns and operates the eponymous cable channel, BBC America, IFC, Sundance TV, and We TV. It also owns the art house movie theater IFC Center in New York City; the independent film companies Independent Film Company and RLJE Films, the anime licensor Sentai Filmworks, the premium subscription streaming services AMC+, IFC Films Unlimited, Acorn TV, All...

Advanced Drainage Systems, Inc. (ADS) is an American company that designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators. It is the largest maker of high-density polyethylene pipe in the United States. It is headquartered in Hilliard, Ohio. In 2020, 93% of the company's s...

AMCX vs WMS — Head-to-Head

Bigger by revenue
WMS
WMS
1.2× larger
WMS
$693.4M
$594.8M
AMCX
Growing faster (revenue YoY)
WMS
WMS
+1.2% gap
WMS
0.4%
-0.8%
AMCX
Higher net margin
WMS
WMS
22.8% more per $
WMS
13.5%
-9.3%
AMCX
More free cash flow
WMS
WMS
$143.1M more FCF
WMS
$183.6M
$40.4M
AMCX
Faster 2-yr revenue CAGR
WMS
WMS
Annualised
WMS
3.0%
-0.1%
AMCX

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AMCX
AMCX
WMS
WMS
Revenue
$594.8M
$693.4M
Net Profit
$-55.5M
$93.6M
Gross Margin
49.7%
37.4%
Operating Margin
-8.6%
19.7%
Net Margin
-9.3%
13.5%
Revenue YoY
-0.8%
0.4%
Net Profit YoY
80.5%
15.3%
EPS (diluted)
$-0.97
$1.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMCX
AMCX
WMS
WMS
Q4 25
$594.8M
$693.4M
Q3 25
$561.7M
$850.4M
Q2 25
$600.0M
$829.9M
Q1 25
$555.2M
$615.8M
Q4 24
$599.3M
$690.5M
Q3 24
$599.6M
$782.6M
Q2 24
$625.9M
$815.3M
Q1 24
$596.5M
$653.8M
Net Profit
AMCX
AMCX
WMS
WMS
Q4 25
$-55.5M
$93.6M
Q3 25
$76.5M
$156.0M
Q2 25
$50.3M
$143.9M
Q1 25
$18.0M
$77.2M
Q4 24
$-284.5M
$81.2M
Q3 24
$41.4M
$130.4M
Q2 24
$-29.2M
$161.4M
Q1 24
$45.8M
$94.8M
Gross Margin
AMCX
AMCX
WMS
WMS
Q4 25
49.7%
37.4%
Q3 25
48.2%
40.0%
Q2 25
52.7%
39.8%
Q1 25
51.8%
36.7%
Q4 24
51.2%
35.0%
Q3 24
52.0%
37.6%
Q2 24
55.2%
40.8%
Q1 24
54.5%
38.5%
Operating Margin
AMCX
AMCX
WMS
WMS
Q4 25
-8.6%
19.7%
Q3 25
9.9%
26.3%
Q2 25
10.7%
24.8%
Q1 25
11.6%
19.0%
Q4 24
-42.4%
18.4%
Q3 24
15.6%
23.9%
Q2 24
1.7%
27.7%
Q1 24
18.5%
20.7%
Net Margin
AMCX
AMCX
WMS
WMS
Q4 25
-9.3%
13.5%
Q3 25
13.6%
18.3%
Q2 25
8.4%
17.3%
Q1 25
3.3%
12.5%
Q4 24
-47.5%
11.8%
Q3 24
6.9%
16.7%
Q2 24
-4.7%
19.8%
Q1 24
7.7%
14.5%
EPS (diluted)
AMCX
AMCX
WMS
WMS
Q4 25
$-0.97
$1.19
Q3 25
$1.38
$1.99
Q2 25
$0.91
$1.84
Q1 25
$0.34
$0.99
Q4 24
$-6.23
$1.04
Q3 24
$0.76
$1.67
Q2 24
$-0.66
$2.06
Q1 24
$1.03
$1.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMCX
AMCX
WMS
WMS
Cash + ST InvestmentsLiquidity on hand
$502.4M
$1.0B
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$981.9M
$1.9B
Total Assets
$3.9B
$4.1B
Debt / EquityLower = less leverage
1.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMCX
AMCX
WMS
WMS
Q4 25
$502.4M
$1.0B
Q3 25
$716.8M
$812.9M
Q2 25
$866.4M
$638.3M
Q1 25
$870.2M
$463.3M
Q4 24
$784.6M
$488.9M
Q3 24
$816.4M
$613.0M
Q2 24
$802.6M
$541.6M
Q1 24
$690.5M
$490.2M
Total Debt
AMCX
AMCX
WMS
WMS
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$2.2B
Q1 25
$2.3B
$1.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.3B
$1.3B
Stockholders' Equity
AMCX
AMCX
WMS
WMS
Q4 25
$981.9M
$1.9B
Q3 25
$1.1B
$1.8B
Q2 25
$971.7M
$1.7B
Q1 25
$888.8M
$1.5B
Q4 24
$855.6M
$1.5B
Q3 24
$1.1B
$1.4B
Q2 24
$1.1B
$1.3B
Q1 24
$1.1B
$1.2B
Total Assets
AMCX
AMCX
WMS
WMS
Q4 25
$3.9B
$4.1B
Q3 25
$4.2B
$4.1B
Q2 25
$4.4B
$3.9B
Q1 25
$4.3B
$3.7B
Q4 24
$4.4B
$3.6B
Q3 24
$4.8B
$3.5B
Q2 24
$4.9B
$3.4B
Q1 24
$4.9B
$3.3B
Debt / Equity
AMCX
AMCX
WMS
WMS
Q4 25
1.78×
Q3 25
1.82×
Q2 25
2.27×
Q1 25
2.62×
0.83×
Q4 24
2.73×
Q3 24
2.10×
Q2 24
2.26×
Q1 24
2.17×
1.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMCX
AMCX
WMS
WMS
Operating Cash FlowLast quarter
$49.2M
$269.3M
Free Cash FlowOCF − Capex
$40.4M
$183.6M
FCF MarginFCF / Revenue
6.8%
26.5%
Capex IntensityCapex / Revenue
1.5%
12.4%
Cash ConversionOCF / Net Profit
2.88×
TTM Free Cash FlowTrailing 4 quarters
$272.4M
$577.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMCX
AMCX
WMS
WMS
Q4 25
$49.2M
$269.3M
Q3 25
$44.8M
$234.9M
Q2 25
$102.8M
$275.0M
Q1 25
$108.8M
$41.2M
Q4 24
$58.1M
$189.9M
Q3 24
$62.2M
$166.9M
Q2 24
$104.4M
$183.4M
Q1 24
$150.9M
$17.7M
Free Cash Flow
AMCX
AMCX
WMS
WMS
Q4 25
$40.4M
$183.6M
Q3 25
$42.0M
$176.4M
Q2 25
$95.7M
$222.4M
Q1 25
$94.2M
$-5.3M
Q4 24
$37.6M
$135.7M
Q3 24
$53.9M
$112.4M
Q2 24
$95.2M
$125.7M
Q1 24
$144.1M
$-29.8M
FCF Margin
AMCX
AMCX
WMS
WMS
Q4 25
6.8%
26.5%
Q3 25
7.5%
20.7%
Q2 25
16.0%
26.8%
Q1 25
17.0%
-0.9%
Q4 24
6.3%
19.7%
Q3 24
9.0%
14.4%
Q2 24
15.2%
15.4%
Q1 24
24.2%
-4.6%
Capex Intensity
AMCX
AMCX
WMS
WMS
Q4 25
1.5%
12.4%
Q3 25
0.5%
6.9%
Q2 25
1.2%
6.3%
Q1 25
2.6%
7.6%
Q4 24
3.4%
7.9%
Q3 24
1.4%
7.0%
Q2 24
1.5%
7.1%
Q1 24
1.1%
7.3%
Cash Conversion
AMCX
AMCX
WMS
WMS
Q4 25
2.88×
Q3 25
0.59×
1.51×
Q2 25
2.04×
1.91×
Q1 25
6.03×
0.53×
Q4 24
2.34×
Q3 24
1.50×
1.28×
Q2 24
1.14×
Q1 24
3.29×
0.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMCX
AMCX

Subscription And Circulation$314.8M53%
Advertising$124.9M21%
Other$79.1M13%
License$74.8M13%
Related Party$1.2M0%

WMS
WMS

Reportable Segment Aggregation Before Other Operating Segment$557.3M80%
Other$85.5M12%
Pipe$35.5M5%
Allied Products And Other$15.0M2%

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