AMC Entertainment Holdings Past Earnings Performance
Past criteria checks 0/6
AMC Entertainment Holdings has been growing earnings at an average annual rate of 41%, while the Entertainment industry saw earnings growing at 26.1% annually. Revenues have been growing at an average rate of 19.2% per year.
Key information
41.04%
Earnings growth rate
84.83%
EPS growth rate
| Entertainment Industry Growth | 18.06% |
| Revenue growth rate | 19.19% |
| Return on equity | n/a |
| Net Margin | -10.88% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 03
AMC: Elevated Leverage And Cash Burn Will Restrain Future Share Price
Analysts have adjusted their AMC Entertainment Holdings fair value estimate to a range of $1.10 to $1.20 per share, reflecting updated assumptions around revenue growth, profit margins, and future P/E after recent price target moves and commentary on the company’s still elevated leverage and negative free cash flow. Analyst Commentary Recent Street research on AMC Entertainment points to a mixed but cautious backdrop.
Narrative Update • May 11
AMC: Strong Film Slate And Premium Formats Will Support Capital Structure Repair
Analysts have lifted their blended fair value estimate for AMC Entertainment Holdings to about $2.03 per share, up from $1.72, reflecting higher published price targets in recent research that cite updated assumptions for growth, margins, and future P/E, even as views on the stock remain mixed across firms. Analyst Commentary Recent research on AMC Entertainment Holdings shows a mix of optimism and caution, with several firms updating price targets and revisiting their assumptions on growth, margins, P/E and balance sheet progress.Seeking Alpha • May 06
AMC Entertainment Dilution Continues To Soar
Summary AMC Entertainment reported Q1 revenue of $1.045 billion, beating conservative street estimates amid a strong box office performance. Despite revenue growth, AMC's balance sheet remains distressed due to heavy debt and ongoing equity dilution from debt-for-equity swaps. AMC trades at a steep discount to Cinemark, reflecting weaker financials, negative free cash flow, and persistent bankruptcy risk. Read the full article on Seeking AlphaNarrative Update • Apr 22
AMC: Capital Structure Risks Will Drive Future Share Price Pressure
Analysts have adjusted the AMC Entertainment Holdings price target to $1.10. The change reflects updated views on revenue growth, profit margins, and future P/E expectations following recent research commentary on box office trends and progress in the company’s capital structure.
Narrative Update • Apr 07
AMC: Future Blockbuster Slate Will Support Ongoing Operating Momentum
Analysts have lowered the fair value estimate for AMC Entertainment Holdings from $4.50 to $3.00. This change reflects recent cuts to Street price targets in the $1.10 to $1.50 range and ongoing concerns about the pace of capital structure improvement, despite stronger recent operating trends.Narrative Update • Mar 24
AMC: Box Office Uncertainty And Share Dilution Will Drive Future Outcomes
Narrative Update Overview The analyst price target for AMC Entertainment Holdings has been lowered from $1.30 to $1.10, as analysts factor in more cautious revenue growth expectations, while margin assumptions remain relatively steady and recent Street research highlights concerns about the pace of balance sheet improvement and box office trends. Analyst Commentary Recent Street research reflects a clear shift toward more cautious views on AMC Entertainment, with several bearish analysts trimming price targets despite the company reporting Q4 results that aligned with or exceeded earlier indications.Narrative Update • Mar 09
AMC: Strong Box Office Pipeline Will Support Capital Structure Repair
Narrative Update: AMC Entertainment Holdings Analyst Price Target Shift The updated analyst fair value estimate for AMC Entertainment Holdings moves from $2.31 to $1.72. This reflects recent price target cuts to around $1.10 to $1.50 as analysts weigh cautious views on the capital structure against steady Q4 results and expectations for a stronger box office lineup ahead.Narrative Update • Feb 23
AMC: Weaker Box Office And Share Dilution Will Shape Future Returns
Narrative Update The consensus analyst price target for AMC Entertainment Holdings has been reduced to $1.30, down from prior levels around $2.30, as analysts point to weaker than expected Q4 U.S. box office trends and the company’s higher authorized share count as key drivers of the reset. Analyst Commentary Bearish analysts are signaling a more cautious stance on AMC Entertainment Holdings, with fresh price target cuts reflecting concerns around both the business backdrop and the capital structure.Narrative Update • Feb 09
AMC: Market Share Gains And Debt Refinancing Will Support Future Rebound
Narrative Update The updated analyst price target for AMC Entertainment Holdings moves from US$3.34 to US$2.31. Analysts point to lower Street targets, softer recent U.S. box office trends, ongoing share issuance, and expectations for continued free cash flow pressure, even as revenue growth, profit margin, and assumed future P/E inputs shift in the model.Narrative Update • Jan 26
AMC: Share Dilution And Weak Box Office Will Pressure Future Returns
Narrative Update The analyst price target for AMC Entertainment Holdings has been reduced to $1.30. Analysts point to softer Q4 U.S. box office receipts, the larger authorized share count, and ongoing free cash flow pressures despite recent operational progress and debt refinancing efforts.Narrative Update • Jan 11
AMC: Ongoing Equity Issuance Risk Will Overhang Shares After Stronger Q3
Analysts have trimmed their fair value estimate for AMC Entertainment Holdings from roughly $2.30 to about $1.30 per share, citing recent research that highlights better than expected Q3 results and market share gains, but also ongoing concerns about negative free cash flow and the potential for further equity issuance. Analyst Commentary Recent research on AMC frames the latest quarter as a mixed picture.Narrative Update • Dec 26
AMC: Future Equity Needs Will Define Risk Reward After Stronger Q3
Analysts have modestly raised their price target on AMC Entertainment Holdings to $3.00 per share from $2.30, citing better than expected Q3 results, continued market share gains, and incremental balance sheet improvements, even as free cash flow is still projected to remain negative. Analyst Commentary Bearish analysts acknowledge that AMC's stronger than expected Q3 performance and incremental balance sheet progress support the modest price target increase to 3 dollars per share, but they continue to stress that the valuation embeds meaningful execution and growth risk.Narrative Update • Dec 12
AMC: Future Equity Needs And Event Releases Will Define Risk Balance
Analysts have modestly reduced their fair value estimate for AMC Entertainment Holdings from approximately $2.60 to $2.30 per share, citing ongoing concerns about negative free cash flow and the likelihood of further equity issuances, despite recent quarterly outperformance and box office growth expectations. Analyst Commentary Bearish analysts acknowledge that AMC's recent quarterly performance and incremental market share gains are constructive developments, but they remain cautious on the stock's risk reward profile.Analysis Article • Nov 21
AMC Entertainment Holdings, Inc.'s (NYSE:AMC) 28% Dip In Price Shows Sentiment Is Matching Revenues
The AMC Entertainment Holdings, Inc. ( NYSE:AMC ) share price has fared very poorly over the last month, falling by a...Analysis Article • May 28
AMC Entertainment Holdings, Inc. (NYSE:AMC) Shares Fly 48% But Investors Aren't Buying For Growth
AMC Entertainment Holdings, Inc. ( NYSE:AMC ) shares have had a really impressive month, gaining 48% after a shaky...
New Narrative • Mar 23
IMAX And Dolby Cinema Expansion Will Elevate Future Movie Experiences
Expansion of premium formats and new loyalty tiers could boost attendance, customer retention, and overall revenue.Seeking Alpha • Mar 04
AMC Entertainment: Improvements Are Nice, But The Show Isn't Over Yet
Summary AMC Entertainment Holdings remains a 'sell' due to ongoing high debt levels and significant shareholder dilution, despite some operational improvements. Recent revenue growth driven by higher attendance, but average ticket prices have declined, and annual revenue fell from $4.81 billion to $4.64 billion. Positive EBITDA and cash flow improvements in Q4 2024, but overall financial health remains weak with a net leverage ratio of 10.01. Industry conditions are improving with more film releases expected in 2025, but substantial debt reduction and further operational gains are needed for a positive outlook. Read the full article on Seeking AlphaAnalysis Article • Feb 05
Is AMC Entertainment Holdings, Inc. (NYSE:AMC) Expensive For A Reason? A Look At Its Intrinsic Value
Key Insights AMC Entertainment Holdings' estimated fair value is US$2.36 based on 2 Stage Free Cash Flow to Equity AMC...Seeking Alpha • Jan 17
AMC Stock: A Speculative Hold At Multi-Year Lows
Summary AMC Entertainment Holdings has seen a 42% rise in nine months but remains in a secular decline with inconsistent growth and high debt. Attendance numbers are down, offset by rising ticket prices, while streaming and reduced Hollywood output challenge AMC's business model. Despite a weak balance sheet, AMC showed improvement in Q3 with a significant EBITDA boost and reduced debt, holding $527.4 million in cash. Without a strong catalyst, AMC's stock remains risky but may appeal to risk-takers due to its deeply oversold status and meme stock relevance. Read the full article on Seeking AlphaSeeking Alpha • Dec 03
AMC Entertainment Holdings: The Earliest Signs Of A Turnaround Have Emerged
Summary AMC Entertainment Holdings, Inc. remains fundamentally weak with declining revenue, attendance, and profitability, alongside high debt and significant shareholder dilution. Despite these issues, there are signs of improvement, including management's ambitious investment plans and recent box office successes. The company's new initiatives, like the AMC Go Plan, aim to revitalize theaters and attract more moviegoers, though funding remains a concern. Given these mixed signals, I am cautiously upgrading AMC from a “strong sell” to a “sell,” acknowledging potential but uncertain recovery. Read the full article on Seeking AlphaSeeking Alpha • Nov 08
AMC Entertainment: Financial Stress Increases
Summary AMC reported top and bottom-line beats for Q3, as it usually does. The company burned through more than $92 million in cash in Q3. Despite numerous debt deals, the balance sheet is still in terrible shape. Read the full article on Seeking AlphaAnalysis Article • Oct 31
AMC Entertainment Holdings, Inc.'s (NYSE:AMC) Shares Lagging The Industry But So Is The Business
AMC Entertainment Holdings, Inc.'s ( NYSE:AMC ) price-to-sales (or "P/S") ratio of 0.4x might make it look like a buy...Seeking Alpha • Oct 07
AMC Entertainment: Debt Maturities Extended To 2029, But Cash Flow Is Concerning
Summary AMC Entertainment's financials are concerning, with declining revenue and increasing operating losses. The company faced significant debt maturities, with $2.7 billion due in 2026, and has refinanced to extend its debt runway. AMC's cash burn is substantial, with negative free cash flow exceeding $300 million in the first half of 2024, leading to shareholder dilution. While meme trades could temporarily boost shares, the underlying fundamentals suggest dilution as the best-case scenario, making the stock unattractive for investment. Read the full article on Seeking AlphaSeeking Alpha • Sep 22
AMC Entertainment: Debt Refinancing Allows It To Wait For An Improved Slate Of Films (Rating Upgrade)
Summary AMC shifted $2.4 billion in 2026 debt maturities to 2029 and 2030. This leaves it with a manageable amount of debt maturities in the next couple years. AMC's total debt was not reduced, though, and its interest costs have increased by around $30 million per year in the near-term. AMC is also likely to spend more on capex in 2025 and 2026, limiting its free cash flow. There is the potential for a significant improvement in business results over the next couple years due to a more attractive slate of movies being released. Read the full article on Seeking AlphaSeeking Alpha • Aug 22
AMC Entertainment: The Bullish Case Hinges On The Fed
Summary AMC's deal with creditors to reduce debt and extend maturities to 2029 adds strength to its balance sheet but comes with dilution. There is a potential for short to medium-term outperformance as the Federal Reserve is set to lighten AMC's debt burden from September. Box office revenue was lower in the second quarter following 2023 Hollywood labor disputes but is set for a third-quarter ramp. Read the full article on Seeking AlphaAnalysis Article • Aug 01
Lacklustre Performance Is Driving AMC Entertainment Holdings, Inc.'s (NYSE:AMC) Low P/S
AMC Entertainment Holdings, Inc.'s ( NYSE:AMC ) price-to-sales (or "P/S") ratio of 0.4x might make it look like a buy...Seeking Alpha • Jul 19
AMC Entertainment: Increased Ticket Sales Are Meaningless; The Business Model Is Structurally Broken
Summary Movie theatre industry is facing extended decline; challenges predate COVID and the recent strike. AMC Entertainment, the industry leader, has offered investors a negative 86% return in 5 years, likely facing bankruptcy. Despite slight improvements in revenue and earnings in 2023, AMC's core business model remains broken, and net margins are still negative. Read the full article on Seeking AlphaSeeking Alpha • Jul 03
AMC Entertainment: Your Chance To Get Out
Summary AMC Entertainment had its highest-grossing weekend of FY 2024 in June with Inside Out 2 and Bad Boys: Ride or Die doing very well. Recent surge in AMC Entertainment's share price, however, is not supported by business fundamentals. AMC Entertainment continues to struggle with overall weak attendance post-COVID (June numbers aside) and the business model is highly unprofitable. Read the full article on Seeking AlphaSeeking Alpha • Jun 14
AMC Entertainment: Examining Its Path To Long-Term Survival
Summary AMC Entertainment Holdings, Inc. reduced its net debt by over $400 million through its ATM equity offering and debt-for-equity swaps. I believe AMC Entertainment Holdings needs another $1.8 billion in debt reduction transactions to be in a sustainable position, though. If the AMC Entertainment share price stays near current levels, it may be able to achieve this with 670 million to 740 million outstanding shares. It is currently authorized to have up to 550 million shares, so it would need approval for more. Read the full article on Seeking AlphaAnalysis Article • Jun 07
AMC Entertainment Holdings, Inc.'s (NYSE:AMC) Intrinsic Value Is Potentially 99% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, AMC Entertainment Holdings fair value estimate is US$11.53...Seeking Alpha • May 14
AMC Entertainment: Ignore The Meme Madness
Summary AMC Entertainment shares surged over 78% after online influencer Roaring Kitty tweeted, but the rally is unlikely to last due to the company's deteriorating financial situation. AMC's quarterly report showed a decrease in revenues and ongoing losses, leading to major cash burn yet again. The stock remains a sell until AMC can plug its working capital deficit, reduce its debt mountain, and stop diluting investors. Read the full article on Seeking AlphaSeeking Alpha • Apr 11
AMC Entertainment: Nearly $400 Million In Annual Interest Costs Makes It Hard To Stem Cash Burn
Summary AMC came close to meeting my expectations in 2023, despite the SAG-AFTRA strike. My expectations involved over $400 million in cash burn though, and significant dilution. For 2024, AMC is projected to have nearly $400 million in interest costs. It should still have a substantial (over $600 million) amount of cash by the end of 2024. With around $2.9 billion in debt maturing in 2026, that remains its biggest challenge to avoid restructuring. Read the full article on Seeking AlphaAnalysis Article • Mar 30
Benign Growth For AMC Entertainment Holdings, Inc. (NYSE:AMC) Underpins Stock's 25% Plummet
Unfortunately for some shareholders, the AMC Entertainment Holdings, Inc. ( NYSE:AMC ) share price has dived 25% in the...Seeking Alpha • Mar 12
AMC Entertainment: Chapter 11 Bankruptcy Is Not Completely Off The Table
Summary AMC continues to sell a massive number of additional shares to raise needed cash and may eventually hit the authorized share limit again. Management stated that there is a risk of liquidation or bankruptcy in the latest 10-K if they can't restructure their debt. Retail traders continue to buy AMC stock, which enables the large stock sales by the company because they do not understand dilution. A Ch.11 bankruptcy plan could equitize debt to allow AMC to continue to operate, but bankruptcy might wipe out shareholders. Read the full article on Seeking AlphaRevenue & Expenses Breakdown
Revenue & Expenses Breakdown
How AMC Entertainment Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 5,032 | -547 | 366 | 0 |
| 31 Dec 25 | 4,849 | -632 | 358 | 0 |
| 30 Sep 25 | 4,867 | -641 | 355 | 0 |
| 30 Jun 25 | 4,916 | -363 | 349 | 0 |
| 31 Mar 25 | 4,548 | -391 | 333 | 0 |
| 31 Dec 24 | 4,637 | -353 | 331 | 0 |
| 30 Sep 24 | 4,435 | -399 | 311 | 0 |
| 30 Jun 24 | 4,492 | -366 | 306 | 0 |
| 31 Mar 24 | 4,810 | -325 | 302 | 0 |
| 31 Dec 23 | 4,813 | -397 | 326 | 0 |
| 30 Sep 23 | 4,699 | -502 | 315 | 0 |
| 30 Jun 23 | 4,262 | -741 | 295 | 0 |
| 31 Mar 23 | 4,080 | -872 | 301 | 0 |
| 31 Dec 22 | 3,911 | -974 | 281 | 0 |
| 30 Sep 22 | 4,092 | -820 | 324 | 0 |
| 30 Jun 22 | 3,887 | -818 | 325 | 0 |
| 31 Mar 22 | 3,165 | -1,040 | 296 | 0 |
| 31 Dec 21 | 2,528 | -1,269 | 281 | 0 |
| 30 Sep 21 | 1,519 | -2,080 | 244 | 0 |
| 30 Jun 21 | 875 | -2,762 | 222 | 0 |
| 31 Mar 21 | 449 | -2,980 | 190 | 0 |
| 31 Dec 20 | 1,242 | -4,589 | 182 | 0 |
| 30 Sep 20 | 2,528 | -3,657 | 166 | 0 |
| 30 Jun 20 | 3,725 | -2,806 | 180 | 0 |
| 31 Mar 20 | 5,212 | -2,195 | 218 | 0 |
| 31 Dec 19 | 5,471 | -149 | 234 | 0 |
| 30 Sep 19 | 5,437 | 35 | 224 | 0 |
| 30 Jun 19 | 5,341 | -11 | 222 | 0 |
| 31 Mar 19 | 5,278 | -38 | 198 | 0 |
| 31 Dec 18 | 5,461 | 110 | 180 | 0 |
| 30 Sep 18 | 5,464 | -337 | 156 | 0 |
| 30 Jun 18 | 5,422 | -279 | 141 | 0 |
| 31 Mar 18 | 5,181 | -478 | 143 | 0 |
| 31 Dec 17 | 5,079 | -487 | 133 | 0 |
| 30 Sep 17 | 4,589 | -182 | 138 | 0 |
| 30 Jun 17 | 4,190 | -109 | 125 | 0 |
| 31 Mar 17 | 3,751 | 92 | 100 | 0 |
| 31 Dec 16 | 3,236 | 112 | 84 | 0 |
| 30 Sep 16 | 3,094 | 124 | 76 | 0 |
| 30 Jun 16 | 3,003 | 106 | 75 | 0 |
| 31 Mar 16 | 3,060 | 126 | 72 | 0 |
| 31 Dec 15 | 2,947 | 104 | 58 | 0 |
| 30 Sep 15 | 2,875 | 92 | 60 | 0 |
| 30 Jun 15 | 2,820 | 87 | 54 | 0 |
Quality Earnings: AMC is currently unprofitable.
Growing Profit Margin: AMC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AMC is unprofitable, but has reduced losses over the past 5 years at a rate of 41% per year.
Accelerating Growth: Unable to compare AMC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AMC is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (-2%).
Return on Equity
High ROE: AMC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/04 21:57 |
| End of Day Share Price | 2026/06/04 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AMC Entertainment Holdings, Inc. is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kannan Venkateshwar | Barclays |
| Patrick Sholl | Barrington Research Associates, Inc. |
| Michael Hickey | Benchmark Company |