AMC Entertainment Holdings Inc
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
We found at least one documented issue that threatens the company itself — regardless of how the stock is currently valued.
Why this colour
With no going-concern warning and a twelve-month cushion, bankruptcy is not the near-term base case — but an Altman Z-score around minus 1.5, Piotroski 3 of 9, interest coverage of 0.3, ongoing dilution and the 2029 maturity wall are not buy arguments; they are the price of the rescue. If operating cash flow turns sustainably positive and the 2029 wall gets refinanced at single-digit rates, the picture changes; until then the stock is a highly volatile option certificate on the full theatrical recovery, its price co-written by the community. The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
AMC delivered operationally in 2025: the best revenue year since the pandemic, near-breakeven operations, a strongly growing first quarter of 2026. That time was paid for with the wealth of existing shareholders: the share count is up roughly a hundredfold since early 2020 and keeps growing, while $4.0 billion of debt at double-digit rates costs $530 million a year and $3.2 billion of it comes due in 2029. Cash nearly halved within five quarters, and the report itself calls the burn unsustainable long-term. The recovery is real — but so far it belongs to the creditors and the new shares, not to the existing shareholder. Not investment advice.
Market position & business recovery
The world's largest theater chain with measurable per-house quality (8 of the 10 highest-grossing U.S. theatres in 2025, a 56 percent IMAX market share): 2025 revenue up 4.6 percent to $4,848.9 million, the operating loss down to $17.4 million, Q1 2026 up 21.2 percent (annual report 10-K for 2025, quarterly report 10-Q).
Capital structure & interest burden
$4,024.2 million of principal at mostly double-digit rates (10.731 percent term loans, 10.50 percent Odeon 2031, 9 plus 6 percent PIK), $530.2 million of interest expense in 2025, negative equity of $1,894.8 million — and a maturity wall of $3,172.2 million in 2029.
Dilution
Plus 524,339,457 shares since January 1, 2020 (split-adjusted, through February 18, 2026) — roughly a hundredfold increase; and the machine keeps running: 55.2 million ATM shares at about $1.17 and 33.1 million fee shares in Q1 2026 alone, roughly 142 million more from the May exchange, 1.1 billion shares authorized.
Liquidity & cash burn
Cash down from $632.3 million (end of 2024) via $428.5 million (end of 2025) to $339.2 million (March 31, 2026), operating cash flow of minus $119.8 million (2025) and minus $128.5 million (Q1 2026); the report calls the burn rates "not sustainable long-term" — the condition for the turn is pre-COVID revenue, and the market was still 22 percent below that in 2025.
Meme dynamics & momentum
A 114 percent three-month rally and relative strength of 76 stand against an 11 percent daily range, Weinstein Stage 3 and minus 99.7 percent from the 2021 peak (split-adjusted, data as of July 8, 2026); "Apes", short squeezes and non-guaranteed retail support are official risk factors per the 10-K — the community is life ring and risk source at once.
Worth Noting
AMC landed on the research list via our in-house Reddit hype scanner (7 mentions in 24 hours, data source ApeWisdom, as of July 15, 2026); in the fundamental scanners, as of the July 8, 2026 data cut, the stock sits in "Going Concern (Distress-Proxy)", "Altman-Z: Distress-Zone", "KUV-Ranking" (price-to-sales), "Stan Weinstein: Stage 3" and "Kathy Donnelly: Liquid Movers Down". Scanner memberships are snapshots and rotate daily.
Unlike classic distress candidates, the annual report for 2025 contains no going-concern warning; the distress proxy fires because of trailing metrics (Altman-Z, interest coverage, Piotroski). These are computed on twelve-month figures and reflect refinancings only with a lag.
Price and valuation figures are dated to July 8, 2026 (about $1.90, market value about $1.9 billion); the share count of 612.1 million is as of May 4, 2026 (quarterly report 10-Q). Analyses are evergreen; daily prices are not a buy argument.
Stock Watch
This analysis is as of August 26, 2026. Stock Watch will tell you what's changed at AMC since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 0.95 $ to 3.20 $ · Last price: 2.70 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Entertainment
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| AMC Entertainment Holdings Inc AMC | 2.7 | – | 28.6 | 18.2 | – | 4.6 | -3.9 |
| Netflix Inc NFLX | 317.3 | 25.8 | 9.4 | 49.1 | 32.3 | 15.9 | -38.7 |
| Walt Disney Company DIS | 182.5 | 17.6 | 11.2 | 37.6 | 15.5 | 3.4 | -8.0 |
| Warner Bros Discovery Inc WBD | 70.7 | – | 7.3 | 47.8 | 8.6 | -5.2 | 57.0 |
| Live Nation Entertainment Inc LYV | 39.6 | – | 24.9 | 25.8 | -9.9 | 8.8 | 0.4 |
| TKO Group Holdings, Inc. TKO | 35.2 | 71.7 | 12.0 | 59.5 | 21.2 | 68.9 | -4.5 |
| Fox Corp Class A FOXA | 27.6 | 18.2 | 9.9 | 36.6 | 21.4 | 16.6 | 10.8 |
| Fox Corp Class B FOX | 24.7 | 16.4 | 9.9 | 36.6 | 21.4 | 16.6 | 10.2 |
| Liberty Media Corporation (Serie C) FWONK | 23.7 | 41.9 | 24.1 | 32.6 | 9.0 | 22.7 | -7.7 |
| Median of companies shown | 35.2 | 22.0 | 11.2 | 36.6 | 18.4 | 15.9 | -3.9 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 3,236 | 220 | 116 | 10.35 | 432 | 2,014 | 8,618 |
| 2017 | 5,079 | 102 | -487 | -33.52 | 537 | 2,112 | 9,806 |
| 2018 | 5,461 | 265 | 110 | 7.47 | 523 | 1,398 | 9,496 |
| 2019 | 5,471 | 136 | -149 | -12.67 | 579 | 1,214 | 13,676 |
| 2020 | 1,242 | -4,103 | -4,589 | -172.73 | -1,130 | -2,885 | 10,276 |
| 2021 | 2,528 | -930 | -1,269 | -11.15 | -614 | -1,790 | 10,822 |
| 2022 | 3,911 | -522 | -974 | -7.43 | -629 | -2,625 | 9,136 |
| 2023 | 4,813 | -74 | -397 | -2.37 | -215 | -1,848 | 9,009 |
| 2024 | 4,637 | -79 | -353 | -1.06 | -51 | -1,761 | 8,248 |
| 2025 | 4,849 | 41 | -632 | -1.23 | -120 | -1,895 | 8,018 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
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· Total · per year
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The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | -0.35 | – | 1,306 | 18.30 | -10.40 | 204 | 114 |
| 2025: Q1 | -0.47 | – | 863 | -9.30 | -23.40 | -370 | -417 |
| 2025: Q2 | -0.01 | – | 1,398 | 35.60 | -0.30 | 138 | 89 |
| 2025: Q3 | -0.58 | – | 1,300 | -3.60 | -22.90 | -15 | -81 |
| 2025: Q4 | -0.25 | – | 1,288 | -1.40 | -9.90 | 127 | 43 |
| 2026: Q1 | -0.22 | – | 1,045 | 21.20 | -11.20 | -129 | -175 |
| 2026: Q2 | -0.02 | -100.00 | 1,597 | 14.20 | -0.70 | 235 | 235 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 7 of our scanner strategies — each hit links to the scanner.
Momentum & Trend
- Above the 50- & 200-SMA
- High ADR (≥5%)
- Richard Moglen: Top Performers 3/6 Month
- Stan Weinstein: Stage 3
Research
Risk & Weakness
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. Scanners marked in red are red-flag signals (risk/short scanners) — appearing there is not a seal of approval. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | -0.12 | -0.18 – -0.05 | 5,547 | 88.0% | 2 |
| 12/31/2027 | -0.08 | -0.10 – -0.06 | 5,789 | 30.4% | 2 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Free cash flow over the past twelve months is negative, which rules out a serious reverse calculation. Any growth rate only makes a negative cash flow more negative; no present value comes out of it. What the price reflects here is therefore not a stream of cash flows, but the expectation that there will be one at all.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
AMC setzt KI laut Geschäftsbericht (10-K 2025, Item 1A) operativ ein und baut den Einsatz aus — Filmempfehlungen für Gäste, KI-Chatbots im Kundenservice, Absicherung/Optimierung interner Software, Marketing-Automatisierung, geplant auch Film-Booking — ohne dass KI eine Umsatzquelle wäre. Bedroht-Prüfung: Die Risk Factors nennen KI nur als Arbeitskampf-/Zulieferrisiko der Studios (Filmangebot) und als generisches Wettbewerbs-Boilerplate („competitors gain an advantage“), nicht als konkrete Bedrohung des eigenen Kino-Geschäftsmodells — daher Rang 3 „nutzt“ statt Rang 2 „bedroht“.
View the full file — quotes, sources, reviewed filings
„We have incorporated and intend to continue to incorporate AI technologies, including generative AI (a subset of AI), into our operations. For example, we currently utilize AI to provide our guests better film recommendations and AI chatbots to improve customer service. We are currently using, and expanding, AI in optimizing and better securing internal software applications and certain marketing automation with plans to continue expansion across film booking and other business applications."
Wir haben KI-Technologien, einschließlich generativer KI (einer Unterform der KI), in unsere Abläufe integriert und beabsichtigen, dies fortzusetzen. Beispielsweise nutzen wir KI derzeit, um unseren Gästen bessere Filmempfehlungen zu geben, und KI-Chatbots, um den Kundenservice zu verbessern. Wir nutzen KI aktuell — mit weiterem Ausbau — zur Optimierung und besseren Absicherung interner Software-Anwendungen sowie für Teile der Marketing-Automatisierung, mit Plänen zur Ausweitung auf die Filmprogrammierung (Film-Booking) und weitere Geschäftsanwendungen.
10-K · 2026-02-23 · View SEC filing
„If studios and labor unions are unable to agree on the parameters of AI technology utilization in the filmmaking process, it could negatively impact the supply of movies available for exhibition in our theatres. Additionally, audience acceptance of movies made utilizing AI technology is not known."
Sollten sich Studios und Gewerkschaften nicht auf die Rahmenbedingungen des KI-Einsatzes im Filmproduktionsprozess einigen können, könnte dies das Angebot an Filmen für die Vorführung in unseren Kinos negativ beeinträchtigen. Zudem ist nicht bekannt, wie das Publikum Filme annimmt, die unter Einsatz von KI-Technologie entstanden sind.
10-K · 2026-02-23 · View SEC filing
„In addition, new technology, including generative AI, is evolving rapidly and our ability to compete could be adversely affected if our competitors gain an advantage by using such technologies."
Darüber hinaus entwickeln sich neue Technologien, einschließlich generativer KI, rasant, und unsere Wettbewerbsfähigkeit könnte beeinträchtigt werden, wenn sich unsere Wettbewerber durch den Einsatz solcher Technologien einen Vorteil verschaffen.
10-K · 2026-02-23 · View SEC filing
Filings Reviewed: 10-Q 2026-05-05 · 10-Q 2025-11-05 · 10-Q 2025-08-11 · 10-Q 2025-05-07 · 10-K 2026-02-23 · 10-K 2025-02-26
Rated on July 15, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 7.4%
- More than 10% revenue growth is expected for the coming year 5.0%
- Share count grows by less than 3% a year 57.6%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") -3.0%
- Gross margin at 40% or higher and without meaningful erosion 67.0%
- Goodwill from acquisitions does not grow faster than revenue 30.1%
- Net debt below twice EBITDA 35.7 x EBITDA
- Operating cash flow covers the profits of the last three years 996 m
- Return on capital at 15% or higher, or up versus two years ago 0.7%
- Insiders hold at least 10% or are net buyers 0.7%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
2/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 4.6%
- Exp. sales growth 3Y > 5% 9.3%
- EBIT growth 10Y > 5% -17.1%
- Exp. EBIT growth 3Y > 5% 9.3%
- Net debt < 4x EBIT 190.3x
- EBIT positive, 10Y straight 5
- Max. EBIT decline < 50% 100.0%
- Return on equity > 15% –
- ROCE > 15% 0.6%
- Expected return > 10% -5.5%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
The company
About the Company
AMC Entertainment Holdings, Inc. beschäftigt sich mit dem Kinobetrieb in den USA und international.
- Employees
- 2,931
- Headquarters
- Leawood, KS
- Address
- One AMC Way, 66211 Leawood, United States
- Phone
- 913 213 2000
- Website
- amctheatres.com
- IPO Date
- 12/18/2013
- ISIN
- US00165C3025
- Stock Split
- 1:10 on 08/24/2023
Management
| Name | Title | Birth Year |
|---|---|---|
| Adam M. Aron | Chairman, President & CEO | 1955 |
| Sean D. Goodman CPA | Executive VP of International Operations, IT & Procurement, CFO and Treasurer | 1965 |
| Daniel E. Ellis J.D. | Executive VP & Chief Operations, Development & Marketing Officer | 1969 |
| Carla C. Chavarria CBP, CCP, PHR | Senior VP & Chief Human Resources Officer | 1966 |
| Mark Jonathan Way | MD of Odeon Cinema Group & President of AMC Europe | 1972 |
| Chris A. Cox | Senior VP & Chief Accounting Officer | 1966 |
| John C. Merriwether | Vice President of Capital Markets and Investor Relations | – |
| Edwin F. Gladbach | Senior VP, General Counsel & Secretary | 1973 |
| Ryan Noonan | Senior Vice President of Public Relations | – |
| Nikkole Denson-Randolph | Senior Vice President & U.S. Chief Content Officer | 1972 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 07/20/2026 AMC ENTERTAINMENT HOLDINGS, INC. (AMC): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.