AMC
AMC Entertainment Holdings, Inc.
AMC offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
NWS
News Corporation
NWS has a slight edge over AMC overall, supported by lower modeled downside.
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.
NWS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Strong |
NWS's cash flow and balance sheet are currently healthy, and its revenue and profitability are stable.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
NWS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $16.11 | -45% |
| Forward | 20x | $29.17 | — |
| Current | 24x | $29.17 | — |
| Fair | 32x | $36.05 | +24% |
| Expensive | 65x | $72.57 | +149% |
Historical ranges are pointers, not guarantees.
NWS's PE is 24x, but its earnings don't support one, so it isn't a reliable read right now.
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.
NWS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for NWS, with profitability improving.
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.
NWS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.44 | +28% |
| Q3 2026 | $1.12 | -46% |
| Q2 2026 | $1.03 | -50% |
| Q1 2026 | $2.01 | +134% |
| Q4 2025 | $2.03 | +178% |
| Q3 2025 | $2.07 | +234% |
| Q2 2025 | $2.08 | +352% |
| Q1 2025 | $0.86 | +146% |
| Q4 2024 | $0.73 | +87% |
NWS 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 NWS 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 NWS on profitability, with a higher operating margin.
NWS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +6.4% |
| Q2 2026 | $2.3B | +11% |
| Q1 2026 | $2.2B | +8.8% |
| Q4 2025 | $2.4B | +5.5% |
| Q3 2025 | $2.1B | -17% |
| Q2 2025 | $2.1B | -18% |
| Q1 2025 | $2B | -17% |
| Q4 2024 | $2.2B | -13% |
NWS's revenue is recovering but still below its 2021 peak: $2.3B last quarter, up 6.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +3.1 points |
| Q2 2026 | 12% | +5.6 points |
| Q1 2026 | 8.7% | +1.1 points |
| Q4 2025 | 16% | -3.7 points |
| Q3 2025 | 9.9% | +2 points |
| Q2 2025 | 6.3% | +2 points |
| Q1 2025 | 7.5% | +4.9 points |
| Q4 2024 | 19% | +8.5 points |
NWS's operating margin was 13% last quarter, up 3.1 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 NWS on cash flow, with more consistent year-over-year improvement.
NWS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$89M | -2325% |
| Q2 2026 | $276M | +763% |
| Q1 2026 | $399M | -4.5% |
| Q4 2025 | $132M | -13% |
| Q3 2025 | $4M | +$35M |
| Q2 2025 | $32M | -71% |
| Q1 2025 | $418M | -0.9% |
| Q4 2024 | $152M | -39% |
NWS usually generates cash, though not every quarter: the latest was −$89M, but it generated $718M 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.
NWS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.8% | -15.7M shares |
| 1 year | -4.3% | -24.2M shares |
| 3 years | -5.5% | -31.4M shares |
| 5 years | -8.7% | -51.7M shares |
| Available history | -8.1% | -47.6M shares |
NWS has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $166M |
| Q2 2026 | $185M |
| Q1 2026 | $192M |
| Q4 2025 | $172M |
| Q3 2025 | $92M |
| Q2 2025 | $36M |
| Q1 2025 | $36M |
| Q4 2024 | $40M |
NWS spent $715M buying back its own shares over the past year, about four times what it spent the year before.
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.
NWS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 0.1x | Very low |
NWS 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).
NWS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.4 | Neutral |
| Stochastic | 10.8 | Oversold |
NWS's weekly RSI is 41 (neutral) and its Stochastic is 11 (oversold).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
NWS PE vs Communication Services Sector
| Metric | NWS | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 16x | 43% above |
| PE % | 32 | 26 | 6 pts above |
NWS is trading at 24x earnings, a 43% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
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 the edge over NWS on trend strength, trading above more of its moving averages.
NWS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.5 | 7.4% below |
| 20 week MA | $32.1 | 9% below |
| 50 week MA | $30.3 | 3.6% below |
| 100 week MA | $31.1 | 6.1% below |
| 200 week MA | $27.5 | 6% above |
NWS has fallen below most of its moving averages, though it's still 6% above its 200-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 NWS on returns for 2026, with the stronger performance.
NWS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.5 | $17.7 | +22% |
| 2021 | $17.7 | $22.6 | +28% |
| 2022 | $22.6 | $18.6 | -18% |
| 2023 | $18.6 | $25.7 | +39% |
| 2024 | $25.7 | $30.8 | +20% |
| 2025 | $30.8 | $29.9 | -3% |
| 2026 YTD | $29.9 | $29.2 | -2.3% |
NWS has finished higher in four of the last six years. It's down 2.3% so far in 2026.