AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over MSGK overall, supported by stronger modeled upside and stronger fundamentals.
MSGK
Madison Square Garden Sports Corp.
MSGK 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.
MSGK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Under pressure | |
| Weak |
MSGK's revenue and profitability are currently healthy, but its cash flow and balance sheet are under pressure.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
MSGK PE Valuation
MSGK 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 MSGK on the outlook, with more favorable revenue expectations.
MSGK Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect MSGK's losses to shrink, with 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 lost $0.40 per share over the past year, a smaller loss than the year before.
MSGK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.24 | +$0.94 |
| Q1 2026 | -$0.71 | -518% |
| Q4 2025 | -$0.53 | -130% |
| Q3 2025 | -$0.75 | -134% |
| Q2 2025 | -$0.70 | -138% |
| Q1 2025 | $0.17 | -77% |
| Q4 2024 | $1.79 | +50% |
| Q3 2024 | $2.20 | +59% |
MSGK has the edge over AMC on earnings quality, reporting a profit while its opponent remains loss making.
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 MSGK on sales, with stronger typical year-over-year growth.
| 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 MSGK on profitability, with a higher operating margin.
MSGK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $45.5M | +15% |
| Q2 2026 | $278.7M | +37% |
| Q1 2026 | $432.2M | +1.9% |
| Q4 2025 | $403.4M | +13% |
| Q3 2025 | $39.5M | -26% |
| Q2 2025 | $204M | -10% |
| Q1 2025 | $424.2M | -1.3% |
| Q4 2024 | $357.8M | +9.4% |
MSGK's revenue is recovering but still below its 2019 peak: $45M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -56% | +14 points |
| Q2 2026 | 12% | +23 points |
| Q1 2026 | 0.5% | -7.2 points |
| Q4 2025 | 5.5% | +1.8 points |
| Q3 2025 | -70% | -54 points |
| Q2 2025 | -11% | -34 points |
| Q1 2025 | 7.6% | -11 points |
| Q4 2024 | 3.7% | -5.1 points |
MSGK's operating margin was −56% 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 has the edge over MSGK on cash generation, producing positive trailing cash flow while its opponent burns cash.
MSGK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$146.9M | -$61.6M |
| Q2 2026 | $57.6M | +17% |
| Q1 2026 | $57.4M | +1369% |
| Q4 2025 | $31.6M | -48% |
| Q3 2025 | -$85.3M | -$58.8M |
| Q2 2025 | $49.4M | -54% |
| Q1 2025 | $3.9M | -0.9% |
| Q4 2024 | $61.2M | +84% |
MSGK's free cash flow was −$353,000 over the past year, against $29M 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.
MSGK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +113K shares |
| 1 year | +0.7% | +216K shares |
| 3 years | +0.2% | +77K shares |
| 5 years | +0.5% | +163K shares |
| Available history | -28% | -12.4M shares |
MSGK has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2020 | $330,000 |
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 MSGK on leverage, with a lower net debt burden relative to earnings.
MSGK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 7.6x | High |
| Q2 2026 | 2.9x | Moderate |
| Q4 2025 | 27.0x | High |
| Q2 2025 | 8.1x | High |
| Q1 2025 | 2.1x | Moderate |
| Q4 2024 | 1.4x | Healthy |
| Q3 2024 | 1.6x | Healthy |
| Q2 2024 | 1.5x | Healthy |
MSGK's net debt is about 7.6 years of its operating earnings (EBITDA), up from 2.1 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).
MSGK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.2 | Neutral |
| Stochastic | 64.3 | Neutral |
MSGK's weekly RSI is 66 (neutral) and its Stochastic is 64 (neutral).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
MSGK PE vs Communication Services Sector
| Metric | MSGK | Sector median | Relative |
|---|---|---|---|
| PE | 1,299x | 16x | 7,775% above |
| PE % | 100 | 26 | 74 pts above |
MSGK 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.
MSGK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $305.3 | 3.1% above |
| 20 week MA | $300.6 | 4.8% above |
| 50 week MA | $262.3 | 20% above |
| 100 week MA | $208.7 | 51% above |
| 200 week MA | $176.3 | 79% above |
MSGK 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 MSGK on returns for 2026, with the stronger performance.
MSGK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $110.7 | $133.5 | +21% |
| 2021 | $133.5 | $131.1 | -1.8% |
| 2022 | $131.1 | $136.7 | +4.3% |
| 2023 | $136.7 | $136.9 | +0.2% |
| 2024 | $136.9 | $166.5 | +22% |
| 2025 | $166.5 | $195.9 | +18% |
| 2026 YTD | $195.9 | $314.9 | +61% |
MSGK has finished higher in five of the last six years. It's up 61% so far in 2026.