AMC
AMC Entertainment Holdings, Inc.
AMC offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
RSVR
Reservoir Media, Inc.
RSVR 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.
RSVR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Weak |
RSVR's revenue, profitability and cash flow are currently healthy, but its balance sheet is weak.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
RSVR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 36x | $6.46 | -37% |
| Current | 57x | $10.22 | — |
| Forward | 58x | $10.22 | — |
| Fair | 68x | $12.21 | +19% |
| Expensive | 135x | $24.38 | +139% |
Historical ranges are pointers, not guarantees.
RSVR's PE is in its cheap range at 57x. On analysts' estimates for next year's earnings, today's price would be 58x.
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.
RSVR Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for RSVR, 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.
RSVR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.18 | -2.8% |
| Q3 2026 | $0.18 | +20% |
| Q2 2026 | $0.14 | +17% |
| Q1 2026 | $0.13 | +8.3% |
| Q4 2025 | $0.10 | -17% |
| Q3 2025 | $0.15 | +$0.16 |
| Q2 2025 | $0.12 | +$0.12 |
| Q1 2025 | $0.12 | +1100% |
| Q4 2024 | $0.12 | +$0.12 |
RSVR 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.
RSVR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.9M | +9.8% |
| Q2 2026 | $41.5M | +12% |
| Q1 2026 | $47.5M | +15% |
| Q4 2025 | $45.6M | +7.7% |
| Q3 2025 | $45.4M | +12% |
| Q2 2025 | $37.2M | +8.3% |
| Q1 2025 | $41.4M | +5.8% |
| Q4 2024 | $42.3M | +19% |
RSVR's revenue has grown year over year every quarter since late 2021: $50M last quarter, up 9.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.1 points |
| Q2 2026 | 13% | -1.7 points |
| Q1 2026 | 25% | -0.4 points |
| Q4 2025 | 23% | +0.1 points |
| Q3 2025 | 24% | -1.4 points |
| Q2 2025 | 15% | +0.2 points |
| Q1 2025 | 25% | +2.8 points |
| Q4 2024 | 23% | +4.2 points |
RSVR 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 has the edge over RSVR on cash flow, with more consistent year-over-year improvement.
RSVR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $22.9M | +19% |
| Q2 2026 | -$1.5M | -125% |
| Q1 2026 | $11.7M | -3.6% |
| Q4 2025 | $12.8M | +14% |
| Q3 2025 | $19.2M | +44% |
| Q2 2025 | $6M | -30% |
| Q1 2025 | $12.2M | -12% |
| Q4 2024 | $11.2M | +224% |
RSVR generated $46M in free cash flow over the past year, down 5.4% 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.
RSVR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.6% | +1M shares |
| 1 year | +0.8% | +528K shares |
| 3 years | +2.6% | +1.7M shares |
| 5 years | +13% | +7.8M shares |
| Available history | +365% | +52.4M shares |
RSVR has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
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 RSVR on leverage, with a lower net debt burden relative to earnings.
RSVR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.0x | High |
| Q2 2026 | 6.4x | High |
| Q1 2026 | 6.2x | High |
| Q4 2025 | 6.5x | High |
| Q3 2025 | 6.1x | High |
| Q2 2025 | 5.9x | High |
| Q1 2025 | 6.0x | High |
| Q4 2024 | 6.0x | High |
RSVR's net debt is about 6.0 years of its operating earnings (EBITDA), about the same as 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).
RSVR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.6 | Neutral |
| Stochastic | 57.1 | Neutral |
RSVR's weekly RSI is 62 (neutral) and its Stochastic is 57 (neutral).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
RSVR PE vs Communication Services Sector
| Metric | RSVR | Sector median | Relative |
|---|---|---|---|
| PE | 57x | 16x | 247% above |
| PE % | 30 | 28 | 2 pts above |
RSVR is trading at 57x earnings, a 247% 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.
RSVR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.70 | 5.4% above |
| 20 week MA | $9.86 | 3.7% above |
| 50 week MA | $9.33 | 9.5% above |
| 100 week MA | $8.51 | 20% above |
| 200 week MA | $7.76 | 32% above |
RSVR 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 RSVR on returns for 2026, with the stronger performance.
RSVR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.1 | $7.86 | -22% |
| 2022 | $7.86 | $5.70 | -27% |
| 2023 | $5.70 | $7.13 | +25% |
| 2024 | $7.13 | $8.86 | +24% |
| 2025 | $8.86 | $7.50 | -15% |
| 2026 YTD | $7.50 | $10.2 | +36% |
RSVR is up 36% so far in 2026, after finishing lower in three of the previous five years.