AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over LION overall, supported by stronger fundamentals and stronger modeled upside.
LION
Lionsgate Studios Corp.
LION has lower modeled downside risk, despite its lower overall score.
AMC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Under pressure |
AMC's revenue is currently healthy, and its profitability and cash flow are stable, but its balance sheet is under pressure.
LION Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Weak |
LION's revenue and cash flow are currently healthy, and its profitability is stable, but its balance sheet is weak.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
LION PE Valuation
LION has no meaningful PE right now: it lost money over the past year.
AMC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AMC has the edge over LION on the outlook, with more favorable revenue expectations.
LION Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect LION's earnings to grow and its profitability to improve, with its revenue holding steady.
AMC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.40 | +$0.94 |
| Q2 2026 | -$1.10 | -$0.28 |
| Q1 2026 | -$1.09 | -$0.18 |
| Q4 2025 | -$1.34 | -$0.28 |
| Q3 2025 | -$1.34 | +$0.29 |
| Q2 2025 | -$0.82 | +$0.67 |
| Q1 2025 | -$0.91 | +$0.38 |
| Q4 2024 | -$1.06 | +$1.31 |
AMC has the edge over LION on earnings, with more consistent year-over-year improvement.
LION Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.32 | — |
| Q3 2026 | -$0.06 | +$0.61 |
| Q2 2026 | -$0.40 | +$0.27 |
| Q1 2026 | -$0.70 | -$0.19 |
| Q4 2025 | -$0.85 | $0.00 |
| Q3 2025 | -$0.67 | +$0.34 |
| Q2 2025 | -$0.67 | -$0.10 |
| Q1 2025 | -$0.51 | -$0.11 |
| Q4 2024 | -$0.85 | -$0.61 |
LION is still losing money, but far less than before: $0.06 per share over the past year, against $1.01 at its worst in late 2024.
AMC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +32% |
| Q2 2026 | $1.6B | +14% |
| Q1 2026 | $1B | +21% |
| Q4 2025 | $1.3B | -1.4% |
| Q3 2025 | $1.3B | -3.6% |
| Q2 2025 | $1.4B | +36% |
| Q1 2025 | $862.5M | -9.3% |
| Q4 2024 | $1.3B | +18% |
AMC's revenue is growing: $1.7B last quarter, up 32% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +12 points |
| Q2 2026 | 15% | +8.3 points |
| Q1 2026 | -4.4% | +13 points |
| Q4 2025 | 0% | -0.3 points |
| Q3 2025 | 2.8% | -2.6 points |
| Q2 2025 | 6.6% | +11 points |
| Q1 2025 | -17% | -5.5 points |
| Q4 2024 | 0.4% | +14 points |
AMC has the edge over LION on profitability, with a higher operating margin.
LION Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $668.8M | +41% |
| Q2 2026 | $776.6M | +48% |
| Q1 2026 | $906.5M | -15% |
| Q4 2025 | $724.3M | +1.5% |
| Q3 2025 | $475.1M | -57% |
| Q2 2025 | $525.9M | +8% |
| Q1 2025 | $1.1B | +22% |
| Q4 2024 | $713.8M | +3.2% |
LION's revenue is recovering but still below its 2024 peak: $669M last quarter, up 41% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4.3% | +14 points |
| Q2 2026 | 3.3% | +5.3 points |
| Q1 2026 | 13% | +4.2 points |
| Q4 2025 | 5% | -2 points |
| Q3 2025 | -9.7% | -17 points |
| Q2 2025 | -2% | +2.6 points |
| Q1 2025 | 8.8% | +6.6 points |
| Q4 2024 | 7% | +5.9 points |
LION's operating margin was 4.3% last quarter, up 14 points from the same quarter a year ago.
AMC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $109.3M | +$190.4M |
| Q2 2026 | $190.1M | +114% |
| Q1 2026 | -$174.7M | +$242.3M |
| Q4 2025 | $43.3M | -62% |
| Q3 2025 | -$81.1M | +$11.1M |
| Q2 2025 | $88.9M | +$168.1M |
| Q1 2025 | -$417M | -$178.2M |
| Q4 2024 | $113.9M | +$263.8M |
AMC's free cash flow has turned positive after six years mostly in the red: $168M over the past year.
LION Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$56.3M | +$50.9M |
| Q2 2026 | $51.2M | +$85.7M |
| Q1 2026 | $265M | +5% |
| Q4 2025 | -$111.9M | +$52.6M |
| Q3 2025 | -$107.2M | -$20.7M |
| Q2 2025 | -$34.5M | +$128.5M |
| Q1 2025 | $252.5M | +206% |
| Q4 2024 | -$164.5M | -230% |
LION's free cash flow has turned positive after two years mostly in the red: $148M over the past year.
AMC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +24% | +175M shares |
| 1 year | +107% | +463M shares |
| 3 years | +767% | +793M shares |
| 5 years | +4063% | +875M shares |
AMC has 897M diluted shares, up 107% from a year ago.
LION Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.1% | +6M shares |
| 1 year | +2.9% | +8.4M shares |
| 3 years | +3.1% | +8.9M shares |
| 5 years | +1757% | +282M shares |
LION has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
AMC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 9.2x | High |
| Q4 2025 | 12.2x | High |
| Q3 2025 | 12.2x | High |
| Q2 2025 | 10.7x | High |
| Q1 2025 | 18.6x | High |
| Q4 2024 | 14.3x | High |
AMC has the edge over LION on leverage, with a lower net debt burden relative to earnings.
LION Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.6x | High |
| Q2 2026 | 9.8x | High |
| Q1 2026 | 14.0x | High |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.1x | Healthy |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 3.8x | Elevated |
LION's net debt is about 6.6 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
AMC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.3 | Neutral |
| Stochastic | 65.4 | Neutral |
AMC's weekly RSI is 67 (neutral) and its Stochastic is 65 (neutral).
LION Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 82.6 | Overbought |
LION's weekly RSI is 62 (neutral) and its Stochastic is 83 (overbought).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
LION PE vs Communication Services Sector
LION has no meaningful PE right now: it lost money over the past year.
AMC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.01 | 11% above |
| 20 week MA | $2.64 | 27% above |
| 50 week MA | $2.01 | 66% above |
| 100 week MA | $2.53 | 32% above |
| 200 week MA | $10.9 | 69% below |
LION has stronger trend alignment. AMC is above 4 of 5 weekly averages versus LION above 3 of 3.
LION Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.1 | 16% above |
| 20 week MA | $12.3 | 14% above |
| 50 week MA | $11.4 | 23% above |
LION is in an uptrend: it's above all three of its weekly moving averages, and 23% above its 50-week average.
AMC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.5 | $12.6 | -66% |
| 2021 | $12.6 | $142.6 | +1036% |
| 2022 | $142.6 | $44.0 | -69% |
| 2023 | $44.0 | $6.12 | -86% |
| 2024 | $6.12 | $4.00 | -35% |
| 2025 | $4.00 | $1.69 | -58% |
| 2026 YTD | $1.69 | $3.34 | +98% |
AMC has the edge over LION on returns for 2026, with the stronger performance.
LION Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $7.12 | $9.31 | +31% |
| 2026 YTD | $9.31 | $14.1 | +51% |
LION has finished every year since 2025 higher, and it's up 51% so far in 2026.