# NATIONAL CINEMEDIA, INC. (NCMI) · Edgar & Edgarette company card

> National Cinemedia (NCMI) grew revenue 1.0% in FY2026 to $243 million, operating margin -5.7% against a 6.3% median for advertising, equity 76.5% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1377630 · fiscal year ended 2026-01-01 · 5 audited years read · [page](https://www.pops4.com/boards/company/NCMI) · [JSON](https://www.pops4.com/boards/company/NCMI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $243M |
| Revenue growth, 1 year | 1.0% |
| Revenue growth per year | 20.7% |
| Operating margin | -5.7% (prior year -8.1%) |
| Net margin | -4.4% |
| Operating cash flow | $8M |
| Capital spending | $6M |
| Free cash flow | $3M |
| Cash | $35M |
| Long-term debt | $12M |
| Total assets | $491M |
| Total equity | $375M |
| Equity ÷ assets | 76.5% |
| Return on equity | -2.8% |
| Dividend per share | $0.12 |
| Dividend years rising | 1 |

## Readings, computed from those figures

- Altman Z: 5.82 (safe zone)
- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Old boat · three warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -5.7% in FY2026; revenue is hard to predict: its 80% range is ±54%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $243.2M (FY2026), total debt $12.0M. Experience: revenue up 1.0% on the year, up 20.7% a year over 4 years; operating margin -5.7%, up from -8.1%. Soundness: equity 76.5% of assets, return on equity -2.8%, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $132.1M and $438.6M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $97.5M to $601.4M. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, services-advertising): operating margin -5.7% against a 6.3% median; growth 1.0% against 1.0%.

Range logged 2026-09-26, receipt 2f9300778c578dda, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2025-12-23 ([filing](https://www.sec.gov/Archives/edgar/data/1377630/000119312525330847/0001193125-25-330847-index.htm))

## Recent filings

- 8-K · filed 2026-09-21 · 1.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 2.03 Creation of a Direct Financial Obligation; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1377630/000119312526396098/0001193125-26-396098-index.htm)
- 10-Q · filed 2026-08-11 · [filing](https://www.sec.gov/Archives/edgar/data/1377630/000119312526344956/0001193125-26-344956-index.htm)
- 8-K · filed 2026-08-11 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1377630/000119312526344665/0001193125-26-344665-index.htm)
- 8-K · filed 2026-08-11 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1377630/000119312526344631/0001193125-26-344631-index.htm)
- 10-Q · filed 2026-05-12 · [filing](https://www.sec.gov/Archives/edgar/data/1377630/000119312526219502/0001193125-26-219502-index.htm)
- 8-K · filed 2026-05-12 · 2.02 Results of Operations and Financial Condition; 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1377630/000119312526219406/0001193125-26-219406-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001377630.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1377630

## Cite

POPS4, Edgar & Edgarette: NATIONAL CINEMEDIA, INC. (NCMI) company card, from the company's own SEC filings, accessed 2026-11-06, https://www.pops4.com/boards/company/NCMI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.