AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over THRY overall, supported by stronger fundamentals and lower modeled downside.
THRY
Thryv Holdings, Inc.
THRY offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
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.
THRY Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Stable | |
| Under pressure |
THRY's cash flow is currently stable, but its revenue, profitability and balance sheet are under pressure.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
THRY PE Valuation
THRY 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 THRY on the outlook, with more favorable earnings and revenue expectations.
THRY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect THRY's losses to grow, with revenue declining.
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.
THRY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.81 | -662% |
| Q2 2026 | -$0.36 | +$1.92 |
| Q1 2026 | $0.33 | +$2.77 |
| Q4 2025 | $0.01 | +$2.01 |
| Q3 2025 | $0.50 | +$10.15 |
| Q2 2025 | -$2.28 | +$5.50 |
| Q1 2025 | -$2.44 | +$5.06 |
| Q4 2024 | -$2.00 | +$5.47 |
THRY has the edge over AMC on earnings, with more consistent year-over-year improvement.
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 THRY 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 THRY on profitability, with a higher operating margin.
THRY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $118.9M | -41% |
| Q2 2026 | $150.7M | -28% |
| Q1 2026 | $167.7M | -7.5% |
| Q4 2025 | $191.6M | +2.7% |
| Q3 2025 | $201.6M | +12% |
| Q2 2025 | $210.5M | -6.1% |
| Q1 2025 | $181.4M | -22% |
| Q4 2024 | $186.6M | -21% |
THRY's revenue has slid since its 2020 peak: $119M last quarter, down 41% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -93% | -103 points |
| Q2 2026 | -0.8% | -15 points |
| Q1 2026 | 2.4% | +4.1 points |
| Q4 2025 | 5.3% | +9.2 points |
| Q3 2025 | 9.9% | +59 points |
| Q2 2025 | 14% | +0.1 points |
| Q1 2025 | -1.7% | -15 points |
| Q4 2024 | -3.9% | +99 points |
THRY's operating margin was −93% last quarter, down 103 points from the same quarter a year ago, near the bottom of its range since 2019.
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 THRY on cash flow, with more consistent year-over-year improvement.
THRY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $4.7M | -68% |
| Q2 2026 | $16.7M | -23% |
| Q1 2026 | -$5.5M | +$12.1M |
| Q4 2025 | $12.3M | -29% |
| Q3 2025 | $14.6M | -47% |
| Q2 2025 | $21.8M | +64% |
| Q1 2025 | -$17.6M | -$15.7M |
| Q4 2024 | $17.3M | -49% |
THRY still generates free cash flow, though less than at its 2019 peak: $28M 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.
THRY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +80K shares |
| 1 year | 0% | -20.9K shares |
| 3 years | +28% | +9.6M shares |
| 5 years | +18% | +6.8M shares |
| Available history | +27% | +9.4M shares |
THRY has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | $5M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
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.
THRY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 3.1x | Elevated |
| Q4 2024 | 13.8x | High |
| Q3 2023 | 8.2x | High |
| Q2 2023 | 4.1x | High |
| Q1 2023 | 2.7x | Moderate |
THRY 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).
THRY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 25.7 | Oversold |
| Stochastic | 4.1 | Oversold |
THRY's weekly RSI is 26 (oversold) and its Stochastic is 4 (oversold).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
THRY PE vs Communication Services Sector
| Metric | THRY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
THRY 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 the edge over THRY on trend strength, trading above more of its moving averages.
THRY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.32 | 26% below |
| 20 week MA | $2.25 | 56% below |
| 50 week MA | $3.33 | 71% below |
| 100 week MA | $8.17 | 88% below |
| 200 week MA | $14.3 | 93% below |
THRY is in a downtrend: it's below all five of its weekly moving averages, and 93% below 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 THRY on returns for 2026, with the stronger performance.
THRY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.7 | $11.5 | +7.8% |
| 2021 | $11.5 | $39.7 | +246% |
| 2022 | $39.7 | $18.6 | -53% |
| 2023 | $18.6 | $20.4 | +9.7% |
| 2024 | $20.4 | $14.8 | -27% |
| 2025 | $14.8 | $6.10 | -59% |
| 2026 YTD | $6.10 | $0.98 | -84% |
THRY's yearly returns have swung widely, from +246% in 2021 to −59% in 2025. It's down 84% so far in 2026.