National CineMedia (NCMI) Operating Margin (2010 - 2026)
National CineMedia's Operating Margin came in at -21.92% for Q2 2027, up 1.25 percentage points from -23.17% a year earlier and up 57.20 percentage points from the prior quarter.
National CineMedia (NCMI) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 2, 2026, National CineMedia reported Operating Margin of -7.11%, up 2.87 percentage points year-over-year; for FY2026, it was -5.72%.
- Operating Margin carries a five-year change of +54.14 percentage points (FY2021 to FY2026).
- Going back by year, Operating Margin was -8.10% in FY2024 (+8.43 pp), -16.53% in FY2023 (-19.29 pp) and 2.77% in FY2022 (+62.63 pp).
- The five-year range for quarterly Operating Margin is -79.12% (Q1 2027) to 25.54% (Q4 2026).
- Business Quant data shows NCMI's Operating Margin at -79.12% (Q1 2027), 25.54% (Q4 2026) and -2.84% (Q3 2026) in the three quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.37 Bn | 63.04 Bn | 4.10 Bn | 2.72% |
| 2 | Fox | 26.93 Bn | 12.84 Bn | - | - |
| 3 | Omnicom | 20.34 Bn | 3.04 Bn | 1.30 Bn | 14.06% |
| 4 | News | 15.87 Bn | 8.07 Bn | - | - |
| 5 | Paramount Skydance | 11.07 Bn | 8.99 Bn | - | - |
| 6 | Pearson | 10.15 Bn | 7.29 Bn | - | - |
| 7 | New York Times | 10.00 Bn | 7.49 Bn | 394.61 Mn | 15.48% |
| 8 | Sirius Xm Holdings | 8.68 Bn | 8.26 Bn | 1.44 Bn | 21.85% |
| 9 | 36Kr Holdings | 5.97 Bn | 5.91 Bn | - | - |
| 10 | National CineMedia | 216.19 Mn | 47.99 Mn | 54.70 Mn | -21.92% |
Historic Data
| Date | Value |
|---|---|
| Jul 2, 2026 | -21.92% |
| Apr 2, 2026 | -79.12% |
| Jan 1, 2026 | 25.54% |
| Sep 25, 2025 | -2.84% |
| Jun 26, 2025 | -23.17% |
| Mar 27, 2025 | -68.48% |
| Dec 26, 2024 | 23.06% |
| Sep 26, 2024 | -12.02% |
| Jun 27, 2024 | -17.00% |
| Mar 28, 2024 | -60.70% |
| Dec 28, 2023 | 22.47% |
| Sep 28, 2023 | -49.80% |
| Jun 29, 2023 | -33.11% |
| Mar 30, 2023 | -87.68% |
| Dec 29, 2022 | 30.64% |
| Sep 29, 2022 | -7.71% |
| Jun 30, 2022 | 8.35% |
| Mar 31, 2022 | -62.67% |
| Dec 30, 2021 | 12.60% |
| Sep 30, 2021 | -58.99% |
National CineMedia Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NCMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NCMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NCMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();