AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over MANU overall, supported by stronger fundamentals and stronger modeled upside.
MANU
Manchester United plc
MANU 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.
MANU Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Weak | |
| Stable |
MANU's revenue is currently healthy, and its balance sheet is stable, but its profitability and cash flow are under pressure.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
MANU PE Valuation
MANU 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 |
Analysts expect AMC's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
MANU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect MANU to return to profit, with revenue growing.
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 lost $0.40 per share over the past year, a smaller loss than the year before.
MANU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.34 | -$0.09 |
| Q1 2026 | -$0.14 | +$0.38 |
| Q4 2025 | -$0.07 | +$1.00 |
| Q3 2025 | -$0.31 | +$0.38 |
| Q2 2025 | -$0.25 | +$0.67 |
| Q1 2025 | -$0.52 | +$0.13 |
| Q4 2024 | -$1.07 | -$0.95 |
| Q3 2024 | -$0.69 | -$0.46 |
MANU is still losing money, but far less than before: $0.34 per share over the past year, against $1.24 at its worst in early 2022.
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 has the edge over MANU on sales, with more consistent year-over-year improvement.
| 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 MANU on profitability, with a higher operating margin.
MANU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $211.2M | -0.6% |
| Q1 2026 | $252.1M | +21% |
| Q4 2025 | $249.9M | -7.7% |
| Q3 2025 | $187.2M | +1.2% |
| Q2 2025 | $212.5M | +13% |
| Q1 2025 | $207.9M | +13% |
| Q4 2024 | $270.7M | -8.2% |
| Q3 2024 | $184.9M | -15% |
MANU's revenue fell from its 2023 peak and has held roughly level since: $211M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -12% | -5.4 points |
| Q1 2026 | 5.4% | +4.7 points |
| Q4 2025 | 8.6% | +0.2 points |
| Q3 2025 | -19% | +0.7 points |
| Q2 2025 | -6.6% | +14 points |
| Q1 2025 | 0.7% | +28 points |
| Q4 2024 | 8.5% | -7.8 points |
| Q3 2024 | -20% | -2.4 points |
MANU's operating margin was −12% last quarter, down 5.4 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 has the edge over MANU on cash generation, producing positive trailing cash flow while its opponent burns cash.
MANU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $131M | +9.9% |
| Q1 2026 | -$20.1M | +$20.6M |
| Q4 2025 | -$88.9M | +$4.5M |
| Q3 2025 | -$240.6M | -$40.1M |
| Q2 2025 | $119.3M | -25% |
| Q1 2025 | -$40.7M | +$8.1M |
| Q4 2024 | -$93.3M | +$19.8M |
| Q3 2024 | -$200.5M | -$41.2M |
MANU has burned cash in most quarters: −$219M over the past year, against −$215M the year before.
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.
MANU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | +81K shares |
| 3 years | +5.7% | +9.4M shares |
| 5 years | +5.8% | +9.5M shares |
| Available history | +4.7% | +7.7M shares |
MANU has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
MANU hasn't bought back shares in the past year.
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's net debt is about 4.0 years of its operating earnings (EBITDA), down from 12 years a year ago.
MANU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.4x | Moderate |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.8x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 2.5x | Moderate |
| Q1 2025 | 3.5x | Elevated |
| Q4 2024 | 6.1x | High |
| Q3 2024 | 3.5x | Elevated |
MANU has the edge over AMC on leverage, with a lower net debt burden relative to earnings.
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).
MANU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.5 | Neutral |
| Stochastic | 57.7 | Neutral |
MANU's weekly RSI is 61 (neutral) and its Stochastic is 58 (neutral).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
MANU PE vs Communication Services Sector
| Metric | MANU | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
MANU 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 |
AMC has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 69% below its 200-week average.
MANU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $21.1 | 8.5% above |
| 20 week MA | $21.7 | 5.3% above |
| 50 week MA | $19.5 | 17% above |
| 100 week MA | $17.7 | 29% above |
| 200 week MA | $18.3 | 25% above |
MANU has the edge over AMC on trend strength, trading above more of its moving averages.
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 MANU on returns for 2026, with the stronger performance.
MANU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.8 | $16.6 | -16% |
| 2021 | $16.6 | $14.2 | -14% |
| 2022 | $14.2 | $22.5 | +58% |
| 2023 | $22.5 | $20.4 | -9.3% |
| 2024 | $20.4 | $17.0 | -17% |
| 2025 | $17.0 | $15.9 | -6.8% |
| 2026 YTD | $15.9 | $22.8 | +44% |
MANU has finished three years in a row lower, and it's up 44% so far in 2026.