AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over SBGI overall, supported by stronger fundamentals and stronger valuation.
SBGI
Sinclair, Inc.
SBGI 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.
SBGI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Weak |
SBGI'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.
SBGI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.7x | $0.96 | -93% |
| Fair | 7.3x | $10.58 | -27% |
| Current | 10x | $14.58 | — |
| Expensive | 15x | $22.12 | +52% |
| Forward | 37x | $14.58 | — |
Historical ranges are pointers, not guarantees.
SBGI's PE is in its fair range at 10x. On analysts' estimates for next year's earnings, today's price would be 37x, in its expensive range.
AMC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AMC has the edge over SBGI on the outlook, with more favorable revenue expectations.
SBGI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect SBGI to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
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.
SBGI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.39 | -73% |
| Q3 2026 | $1.44 | +$2.03 |
| Q2 2026 | $0.82 | -4.7% |
| Q1 2026 | $0.97 | -52% |
| Q4 2025 | -$1.61 | -134% |
| Q3 2025 | -$0.59 | +$2.74 |
| Q2 2025 | $0.86 | +$6.36 |
| Q1 2025 | $2.04 | +$9.19 |
| Q4 2024 | $4.69 | +$9.54 |
SBGI 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 SBGI 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'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.
SBGI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $893M | +16% |
| Q2 2026 | $840M | +7.1% |
| Q1 2026 | $807M | +4% |
| Q4 2025 | $836M | -17% |
| Q3 2025 | $773M | -16% |
| Q2 2025 | $784M | -5.4% |
| Q1 2025 | $776M | -2.8% |
| Q4 2024 | $1B | +22% |
SBGI's revenue is recovering but still below its 2019 peak: $893M last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +7.5 points |
| Q2 2026 | 6% | +3.3 points |
| Q1 2026 | 3.4% | +1.6 points |
| Q4 2025 | 9.6% | -17 points |
| Q3 2025 | 7.5% | -12 points |
| Q2 2025 | 2.7% | -5 points |
| Q1 2025 | 1.8% | -3.5 points |
| Q4 2024 | 26% | +73 points |
SBGI 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 SBGI on cash flow, with more consistent year-over-year improvement.
SBGI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $109M | +$167M |
| Q2 2026 | $46M | -56% |
| Q1 2026 | $28M | +$39M |
| Q4 2025 | $79M | -55% |
| Q3 2025 | -$58M | -130% |
| Q2 2025 | $105M | +$434M |
| Q1 2025 | -$11M | +$14M |
| Q4 2024 | $175M | +150% |
SBGI still generates free cash flow, though less than at its 2020 peak: $262M 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.
SBGI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +305K shares |
| 1 year | +4% | +2.8M shares |
| 3 years | +14% | +9.1M shares |
| 5 years | -4% | -3.1M shares |
| Available history | -22% | -20.5M shares |
SBGI has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q1 2023 | $53M |
| Q4 2022 | $6M |
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 SBGI on leverage, with a lower net debt burden relative to earnings.
SBGI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 6.1x | High |
| Q2 2026 | 7.3x | High |
| Q1 2026 | 8.1x | High |
| Q4 2025 | 8.3x | High |
| Q3 2025 | 5.9x | High |
| Q2 2025 | 4.8x | High |
| Q1 2025 | 4.6x | High |
| Q4 2024 | 4.3x | High |
SBGI's net debt is about 6.1 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).
SBGI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.7 | Neutral |
| Stochastic | 43.1 | Neutral |
SBGI's weekly RSI is 57 (neutral) and its Stochastic is 43 (neutral).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
SBGI PE vs Communication Services Sector
| Metric | SBGI | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 16x | 39% below |
| PE % | 54 | 26 | 28 pts above |
SBGI is trading at 10x earnings, a 39% discount 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.
SBGI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.0 | 12% above |
| 20 week MA | $13.7 | 6.7% above |
| 50 week MA | $14.2 | 2.4% above |
| 100 week MA | $14.4 | 1.1% above |
| 200 week MA | $14.5 | 0.6% above |
SBGI 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 SBGI on returns for 2026, with the stronger performance.
SBGI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.7 | $31.3 | -7.2% |
| 2021 | $31.3 | $26.6 | -15% |
| 2022 | $26.6 | $15.3 | -42% |
| 2023 | $15.3 | $13.0 | -15% |
| 2024 | $13.0 | $15.8 | +21% |
| 2025 | $15.8 | $15.3 | -3.5% |
| 2026 YTD | $15.3 | $14.6 | -4.5% |
SBGI has finished lower in five of the last six years. It's down 4.5% so far in 2026.