AMC
AMC Entertainment Holdings, Inc.
AMC offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
NYT
The New York Times Company
NYT has the edge over AMC overall, supported by lower modeled downside and stronger valuation.
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.
NYT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
NYT's revenue, profitability, cash flow and balance sheet are all currently healthy.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
NYT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $71.46 | — |
| Current | 29x | $71.46 | — |
| Cheap | 30x | $74.74 | +4.6% |
| Fair | 35x | $86.99 | +22% |
| Expensive | 51x | $127 | +78% |
Historical ranges are pointers, not guarantees.
NYT's PE is in its cheap range at 29x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
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.
NYT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for NYT, 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.
NYT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.12 | +25% |
| Q3 2026 | $2.50 | +23% |
| Q2 2026 | $2.40 | +24% |
| Q1 2026 | $2.33 | +27% |
| Q4 2025 | $2.09 | +18% |
| Q3 2025 | $2.04 | +20% |
| Q2 2025 | $1.93 | +18% |
| Q1 2025 | $1.83 | +21% |
| Q4 2024 | $1.77 | +26% |
NYT 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'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's operating margin was 15% last quarter, up 12 points from the same quarter a year ago, near the top of its range since 2019.
NYT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $768.5M | +9.7% |
| Q2 2026 | $762.5M | +11% |
| Q1 2026 | $712.2M | +12% |
| Q4 2025 | $802.3M | +10% |
| Q3 2025 | $700.8M | +9.5% |
| Q2 2025 | $685.9M | +9.7% |
| Q1 2025 | $635.9M | +7.1% |
| Q4 2024 | $726.6M | +7.5% |
NYT's revenue has grown year over year every quarter since late 2020: $769M last quarter, up 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | +0.9 points |
| Q2 2026 | 15% | -0.1 points |
| Q1 2026 | 13% | +3.5 points |
| Q4 2025 | 20% | 0 points |
| Q3 2025 | 15% | +3 points |
| Q2 2025 | 16% | +2.8 points |
| Q1 2025 | 9.2% | +1.1 points |
| Q4 2024 | 20% | +1.1 points |
NYT has the edge over AMC on profitability, with a higher operating margin.
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.
NYT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $170.1M | -15% |
| Q2 2026 | $184.2M | +78% |
| Q1 2026 | $81.5M | -9.3% |
| Q4 2025 | $157.6M | +9.7% |
| Q3 2025 | $199.7M | +69% |
| Q2 2025 | $103.3M | +42% |
| Q1 2025 | $89.9M | +93% |
| Q4 2024 | $143.6M | +10% |
NYT generated $593M in free cash flow over the past year, up 11% from 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.
NYT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -790K shares |
| 1 year | -1.3% | -2.1M shares |
| 3 years | -1.9% | -3.2M shares |
| 5 years | -3.7% | -6.3M shares |
| Available history | -3.3% | -5.5M shares |
NYT has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $79.1M |
| Q2 2026 | $35.4M |
| Q1 2026 | $56.3M |
| Q4 2025 | $55.5M |
| Q3 2025 | $27.3M |
| Q2 2025 | $23.6M |
| Q1 2025 | $59M |
| Q4 2024 | $24.7M |
NYT spent $226M buying back its own shares over the past year, up 68% from 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.
NYT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
NYT 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).
NYT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.8 | Neutral |
| Stochastic | 65.4 | Neutral |
NYT's weekly RSI is 53 (neutral) and its Stochastic is 65 (neutral).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
NYT PE vs Communication Services Sector
| Metric | NYT | Sector median | Relative |
|---|---|---|---|
| PE | 29x | 16x | 73% above |
| PE % | 11 | 26 | 15 pts below |
NYT is trading at 29x earnings, a 73% premium to the Communication Services sector's median of 16x.
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.
NYT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $67.5 | 5.8% above |
| 20 week MA | $68.9 | 3.7% above |
| 50 week MA | $72.7 | 1.7% below |
| 100 week MA | $63.6 | 12% above |
| 200 week MA | $54.5 | 31% above |
NYT's trend is mixed: it's above four of its five weekly moving averages, and 31% 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 NYT on returns for 2026, with the stronger performance.
NYT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.1 | $51.4 | +60% |
| 2021 | $51.4 | $47.4 | -7.7% |
| 2022 | $47.4 | $33.0 | -30% |
| 2023 | $33.0 | $49.0 | +48% |
| 2024 | $49.0 | $53.2 | +8.6% |
| 2025 | $53.2 | $70.2 | +32% |
| 2026 YTD | $70.2 | $71.5 | +1.9% |
NYT has finished higher in four of the last six years. It's up 1.9% so far in 2026.