National CineMedia annual free cash flow
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2024
2025
National CineMedia Free Cash Flow (FCF) History (NCMI)
National CineMedia reported $2.8M in free cash flow for fiscal 2025, a decrease of 94.86% from the previous fiscal year, with a free cash flow margin of 1.15%.
View full National CineMedia company overviewNational CineMedia free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2026-01-01 | $2.8M | −$51.7M | −94.86% | +1.15% |
| 2024 | 2024-12-26 | $54.5M | $64.5M | — | +22.63% |
| 2023 | 2023-12-28 | −$10.0M | $40.2M | — | −6.05% |
| 2022 | 2022-12-29 | −$50.2M | $50.7M | — | −20.14% |
| 2021 | 2021-12-30 | −$100.9M | −$148.2M | — | −88.05% |
| 2020 | 2020-12-31 | $47.3M | −$82.3M | −63.50% | +52.32% |
| 2019 | 2019-12-26 | $129.6M | −$6.5M | −4.78% | +29.14% |
| 2018 | 2018-12-27 | $136.1M | $8.8M | +6.91% | +30.83% |
| 2017 | 2017-12-28 | $127.3M | $6.7M | +5.56% | +29.88% |
| 2016 | 2016-12-29 | $120.6M | $27.9M | +30.10% | +26.94% |
| 2015 | 2015-12-31 | $92.7M | −$16.5M | −15.11% | +20.76% |
| 2014 | 2015-01-01 | $109.2M | −$33.8M | −23.64% | +27.72% |
| 2013 | 2013-12-26 | $143.0M | $71.8M | +100.84% | +30.90% |
| 2012 | 2012-12-27 | $71.2M | −$77.1M | −51.99% | +15.86% |
| 2011 | 2011-12-29 | $148.3M | $14.7M | +11.00% | +34.06% |
| 2010 | 2010-12-30 | $133.6M | $3.7M | +2.85% | +31.25% |
| 2009 | 2009-12-31 | $129.9M | — | — | +34.12% |
National CineMedia quarterly free cash flow
Q3.10
Q1.11
Q2.11
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Q1.13
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Q2.17
Q3.17
Q4.17
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-07-02 | −$2.2M | $4.4M | — | −3.77% |
| Q1 2026 | 2026-04-02 | $17.8M | $12.5M | +235.85% | +52.35% |
| Q4 2025 | 2026-01-01 | $6.1M | −$22.0M | −78.29% | +6.55% |
| Q3 2025 | 2025-09-25 | −$2.0M | $600,000 | — | −3.15% |
| Q2 2025 | 2025-06-26 | −$6.6M | −$13.0M | — | −12.74% |
| Q1 2025 | 2025-03-27 | $5.3M | −$17.3M | −76.55% | +15.19% |
| Q4 2024 | 2024-12-26 | $28.1M | $14.1M | +100.71% | +32.56% |
| Q3 2024 | 2024-09-26 | −$2.6M | $24.8M | — | −4.17% |
| Q2 2024 | 2024-06-27 | $6.4M | $12.4M | — | +11.70% |
| Q1 2024 | 2024-03-28 | $22.6M | $13.2M | +140.43% | +60.43% |
| Q4 2023 | 2023-12-28 | $14.0M | $25.5M | — | +15.42% |
| Q3 2023 | 2023-09-28 | −$27.4M | −$30.6M | — | −110.93% |
| Q2 2023 | 2023-06-29 | −$6.0M | $11.6M | — | −40.54% |
| Q1 2023 | 2023-03-30 | $9.4M | $33.7M | — | +26.93% |
| Q4 2022 | 2022-12-29 | −$11.5M | −$7.0M | — | −12.54% |
| Q3 2022 | 2022-09-29 | $3.2M | $35.1M | — | +5.87% |
| Q2 2022 | 2022-06-30 | −$17.6M | $19.9M | — | −26.23% |
| Q1 2022 | 2022-03-31 | −$24.3M | $2.7M | — | −67.69% |
| Q4 2021 | 2021-12-30 | −$4.5M | $27.5M | — | −7.09% |
| Q3 2021 | 2021-09-30 | −$31.9M | −$9.0M | — | −100.63% |
| Q2 2021 | 2021-07-01 | −$37.5M | −$84.9M | — | −267.86% |
| Q1 2021 | 2021-04-01 | −$27.0M | −$81.8M | — | −500.00% |
| Q4 2020 | 2020-12-31 | −$32.0M | −$57.8M | — | −203.82% |
| Q3 2020 | 2020-09-24 | −$22.9M | −$74.2M | — | −381.67% |
| Q2 2020 | 2020-06-25 | $47.4M | $38.0M | +404.26% | +1185.00% |
| Q1 2020 | 2020-03-26 | $54.8M | $11.7M | +27.15% | +84.70% |
| Q4 2019 | 2019-12-26 | $25.8M | −$1.5M | −5.49% | +17.53% |
| Q3 2019 | 2019-09-26 | $51.3M | $1.5M | +3.01% | +46.43% |
| Q2 2019 | 2019-06-27 | $9.4M | −$3.6M | −27.69% | +8.53% |
| Q1 2019 | 2019-03-28 | $43.1M | −$2.9M | −6.30% | +56.05% |
| Q4 2018 | 2018-12-27 | $27.3M | −$3.7M | −11.94% | +19.87% |
| Q3 2018 | 2018-09-27 | $49.8M | $16.3M | +48.66% | +45.23% |
| Q2 2018 | 2018-06-28 | $13.0M | $4.3M | +49.43% | +11.43% |
| Q1 2018 | 2018-03-29 | $46.0M | −$8.1M | −14.97% | +57.36% |
| Q4 2017 | 2017-12-28 | $31.0M | −$7.7M | −19.90% | — |
| Q3 2017 | 2017-09-28 | $33.5M | −$9.1M | −21.36% | +28.78% |
| Q2 2017 | 2017-06-29 | $8.7M | −$10.8M | −55.38% | +8.96% |
| Q1 2017 | 2017-03-30 | $54.1M | $34.3M | +173.23% | — |
| Q4 2016 | 2016-12-29 | $38.7M | −$100,000 | −0.26% | — |
| Q3 2016 | 2016-09-29 | $42.6M | −$5.9M | −12.16% | — |
| Q2 2016 | 2016-06-30 | $19.5M | $12.4M | +174.65% | — |
| Q1 2016 | 2016-03-31 | $19.8M | $21.5M | — | — |
| Q4 2015 | 2015-12-31 | $38.8M | $9.6M | +32.88% | — |
| Q3 2015 | 2015-10-01 | $48.5M | −$100,000 | −0.21% | — |
| Q2 2015 | 2015-07-02 | $7.1M | −$14.5M | −67.13% | — |
| Q1 2015 | 2015-04-02 | −$1.7M | −$11.5M | — | — |
| Q4 2014 | 2015-01-01 | $29.2M | −$7.8M | −21.08% | +23.72% |
| Q3 2014 | 2014-09-25 | $48.6M | −$19.5M | −28.63% | +48.21% |
| Q2 2014 | 2014-06-26 | $21.6M | $9.6M | +80.00% | +21.62% |
| Q1 2014 | 2014-03-27 | $9.8M | −$16.1M | −62.16% | +13.96% |
| Q4 2013 | 2013-12-26 | $37.0M | −$9.6M | −20.60% | +30.15% |
| Q3 2013 | 2013-09-26 | $68.1M | $33.5M | +96.82% | +50.41% |
| Q2 2013 | 2013-06-27 | $12.0M | $17.1M | — | +9.77% |
| Q1 2013 | 2013-03-28 | $25.9M | $30.8M | — | +31.51% |
| Q4 2012 | 2012-12-27 | $46.6M | −$1.7M | −3.52% | +40.21% |
| Q3 2012 | 2012-09-27 | $34.6M | −$18.9M | −35.33% | +24.08% |
| Q2 2012 | 2012-06-28 | −$5.1M | −$36.6M | — | −4.63% |
| Q1 2012 | 2012-03-29 | −$4.9M | −$19.9M | — | −6.19% |
| Q4 2011 | 2011-12-29 | $48.3M | −$13.5M | −21.84% | +42.15% |
| Q3 2011 | 2011-09-29 | $53.5M | — | — | +39.34% |
| Q2 2011 | 2011-06-30 | $31.5M | — | — | +27.63% |
| Q1 2011 | 2011-03-31 | $15.0M | — | — | +21.19% |
| Q3 2010 | 2010-09-30 | $61.8M | — | — | +49.16% |
National CineMedia free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $47.3M to $2.8M, a compound annual decline of 43.19%. National CineMedia's latest reported quarter, Q2 2026, generated −$2.2M in free cash flow, an increase of $4.4M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review National CineMedia filings at SEC.gov ↗