AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over TU overall, supported by stronger fundamentals and stronger modeled upside.
TU
TELUS Corporation
TU 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.
TU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Weak |
TU's cash flow is currently healthy, and its revenue is stable, but its profitability and balance sheet are under pressure.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
TU PE Valuation
TU 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 TU on the outlook, with more favorable earnings and revenue expectations.
TU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect TU's profitability to improve, but its earnings to decline. 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.
TU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.40 | -189% |
| Q1 2026 | $0.42 | -25% |
| Q4 2025 | $0.51 | +8.5% |
| Q3 2025 | $0.54 | +23% |
| Q2 2025 | $0.45 | +22% |
| Q1 2025 | $0.56 | +56% |
| Q4 2024 | $0.47 | +15% |
| Q3 2024 | $0.44 | +13% |
TU 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 TU on sales, with stronger typical year-over-year growth.
| 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.
TU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.5B | -2.2% |
| Q1 2026 | $3.5B | -0.6% |
| Q4 2025 | $3.7B | -1.9% |
| Q3 2025 | $3.6B | +0.5% |
| Q2 2025 | $3.5B | +2.7% |
| Q1 2025 | $3.5B | +3.1% |
| Q4 2024 | $3.7B | +3.4% |
| Q3 2024 | $3.5B | +1% |
TU's revenue grew through 2023 and has held roughly level since: $3.5B last quarter, down 2.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 15% | +11 points |
| Q1 2026 | 17% | +1.5 points |
| Q4 2025 | 13% | -1 points |
| Q3 2025 | 15% | -1 points |
| Q2 2025 | 3.5% | -10 points |
| Q1 2025 | 15% | +3.2 points |
| Q4 2024 | 14% | +1.4 points |
| Q3 2024 | 16% | +5.3 points |
TU 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 TU on cash flow, with more consistent year-over-year improvement.
TU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $485.1M | +21% |
| Q1 2026 | -$17.6M | -106% |
| Q4 2025 | $352.2M | +$607.4M |
| Q3 2025 | $506.8M | -4.3% |
| Q2 2025 | $399.3M | -43% |
| Q1 2025 | $297.4M | +2921% |
| Q4 2024 | -$255.2M | -158% |
| Q3 2024 | $529.4M | +40% |
TU generated $1.3B in free cash flow over the past year, up 37% 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.
TU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +12M shares |
| 1 year | +2.9% | +44M shares |
| 3 years | +8.4% | +122M shares |
| 5 years | +16% | +215M shares |
| Available history | +31% | +370M shares |
TU has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
TU hasn't bought back shares in the past year.
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 TU on leverage, with a lower net debt burden relative to earnings.
TU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.1x | High |
| Q1 2026 | 4.0x | High |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 4.1x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 4.1x | High |
| Q3 2024 | 4.2x | High |
TU's net debt is about 4.1 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).
TU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.3 | Neutral |
| Stochastic | 43.4 | Neutral |
TU's weekly RSI is 34 (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.
TU PE vs Communication Services Sector
| Metric | TU | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
TU 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 TU on trend strength, trading above more of its moving averages.
TU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.50 | 0.2% above |
| 20 week MA | $9.27 | 8.1% below |
| 50 week MA | $11.4 | 25% below |
| 100 week MA | $13.3 | 36% below |
| 200 week MA | $15.5 | 45% below |
TU has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 45% 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 TU on returns for 2026, with the stronger performance.
TU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.3 | $20.0 | +3.3% |
| 2021 | $20.0 | $23.2 | +16% |
| 2022 | $23.2 | $19.7 | -15% |
| 2023 | $19.7 | $17.8 | -9.6% |
| 2024 | $17.8 | $13.5 | -24% |
| 2025 | $13.5 | $12.9 | -4.4% |
| 2026 YTD | $12.9 | $8.52 | -34% |
TU has finished four years in a row lower, and it's down 34% so far in 2026.