AMCX
AMC Networks Inc.
AMCX's outlook is improving, though it still trails on the overall score.
TMUS
T-Mobile US, Inc.
TMUS has the edge over AMCX overall, supported by stronger valuation and stronger modeled upside.
AMCX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Weak |
AMCX's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
TMUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
TMUS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
AMCX PE Valuation
AMCX has no meaningful PE right now: it lost money over the past year.
TMUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $171 | — |
| Current | 16x | $171 | — |
| Cheap | 21x | $218 | +27% |
| Fair | 26x | $274 | +60% |
| Expensive | 56x | $581 | +240% |
Historical ranges are pointers, not guarantees.
TMUS's PE is in its cheap range at 16x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
AMCX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for AMCX, with profitability improving. However, they disagree widely on these estimates.
TMUS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for TMUS, with profitability improving.
AMCX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.22 | — |
| Q3 2026 | -$3.04 | +$0.56 |
| Q2 2026 | -$0.53 | +$3.69 |
| Q1 2026 | $0.89 | +$6.68 |
| Q4 2025 | $1.66 | +$6.76 |
| Q3 2025 | -$3.60 | -671% |
| Q2 2025 | -$4.22 | -422% |
| Q1 2025 | -$5.79 | -262% |
| Q4 2024 | -$5.10 | -204% |
AMCX lost $3.04 per share over the past year, a smaller loss than the year before, but its loss has widened in each of the last three quarters.
TMUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.49 | +30% |
| Q3 2026 | $10.37 | -0.2% |
| Q2 2026 | $9.56 | -9.7% |
| Q1 2026 | $9.41 | -8.1% |
| Q4 2025 | $9.72 | +0.6% |
| Q3 2025 | $10.39 | +18% |
| Q2 2025 | $10.59 | +33% |
| Q1 2025 | $10.24 | +39% |
| Q4 2024 | $9.66 | +39% |
TMUS has the edge over AMCX on earnings quality, reporting a profit while its opponent remains loss making.
AMCX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $566.1M | +0.8% |
| Q2 2026 | $547.5M | -8.8% |
| Q1 2026 | $542.1M | -2.4% |
| Q4 2025 | $594.8M | -0.8% |
| Q3 2025 | $561.7M | -6.3% |
| Q2 2025 | $600M | -4.1% |
| Q1 2025 | $555.2M | -6.9% |
| Q4 2024 | $599.3M | -12% |
AMCX's revenue fell from its 2022 peak and has held roughly level since: $566M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -7.3% | -17 points |
| Q2 2026 | 2.9% | -7.8 points |
| Q1 2026 | 5.8% | -5.8 points |
| Q4 2025 | -8.6% | +34 points |
| Q3 2025 | 9.9% | -5.7 points |
| Q2 2025 | 11% | +9 points |
| Q1 2025 | 12% | -6.9 points |
| Q4 2024 | -42% | -41 points |
AMCX's operating margin was −7.3% last quarter, down 17 points from the same quarter a year ago.
TMUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.6B | +7.4% |
| Q2 2026 | $22.8B | +7.9% |
| Q1 2026 | $23.1B | +11% |
| Q4 2025 | $24.3B | +11% |
| Q3 2025 | $22B | +8.9% |
| Q2 2025 | $21.1B | +6.9% |
| Q1 2025 | $20.9B | +6.6% |
| Q4 2024 | $21.9B | +6.8% |
TMUS has the edge over AMCX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +3.4 points |
| Q2 2026 | 24% | -0.6 points |
| Q1 2026 | 19% | -3.5 points |
| Q4 2025 | 15% | -5.6 points |
| Q3 2025 | 21% | -3.2 points |
| Q2 2025 | 25% | +1.3 points |
| Q1 2025 | 23% | +2.6 points |
| Q4 2024 | 21% | +4 points |
TMUS has the edge over AMCX on profitability, with a higher operating margin.
AMCX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$52.4M | -225% |
| Q2 2026 | $43.3M | -55% |
| Q1 2026 | $64.8M | -31% |
| Q4 2025 | $40.4M | +7.6% |
| Q3 2025 | $42M | -22% |
| Q2 2025 | $95.7M | +0.6% |
| Q1 2025 | $94.2M | -35% |
| Q4 2024 | $37.6M | -43% |
AMCX usually generates cash, though not every quarter: the latest was −$52M, but it generated $96M over the past year.
TMUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1B | +5.3% |
| Q2 2026 | $4.8B | +4.4% |
| Q1 2026 | $4.6B | +4.6% |
| Q4 2025 | $4.2B | +25% |
| Q3 2025 | $4.8B | +15% |
| Q2 2025 | $4.6B | +32% |
| Q1 2025 | $4.4B | +79% |
| Q4 2024 | $3.3B | +2% |
TMUS has the edge over AMCX on cash flow, with more consistent year-over-year improvement.
AMCX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.7% | -1.2M shares |
| 1 year | -26% | -14.4M shares |
| 3 years | -4.7% | -2.1M shares |
| 5 years | -3.5% | -1.5M shares |
| Available history | -27% | -15.2M shares |
AMCX has the edge over TMUS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $7.6M |
| Q3 2025 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $253.8M |
TMUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -10.8M shares |
| 1 year | -4.9% | -55M shares |
| 3 years | -8.8% | -103M shares |
| 5 years | -15% | -182M shares |
| Available history | +24% | +207M shares |
TMUS has 1.1B diluted shares, down 4.9% from a year ago, with $12B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.4B |
| Q2 2026 | $2.3B |
| Q1 2026 | $4.8B |
| Q4 2025 | $2.4B |
| Q3 2025 | $2.5B |
| Q2 2025 | $2.6B |
| Q1 2025 | $2.5B |
| Q4 2024 | $4.7B |
TMUS spent $12B buying back its own shares over the past year, down 1.7% from the year before.
AMCX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 32.2x | High |
| Q2 2026 | 8.7x | High |
| Q1 2026 | 6.1x | High |
| Q4 2025 | 5.5x | High |
| Q3 2025 | 56.4x | High |
| Q2 2025 | 21.9x | High |
| Q1 2025 | 193.8x | High |
| Q4 2024 | 26.6x | High |
AMCX's net debt is more than 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
TMUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 2.4x | Moderate |
TMUS has the edge over AMCX on leverage, with a lower net debt burden relative to earnings.
AMCX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.3 | Neutral |
| Stochastic | 21.8 | Neutral |
AMCX's weekly RSI is 45 (neutral) and its Stochastic is 22 (neutral).
TMUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 42.1 | Neutral |
TMUS's weekly RSI is 48 (neutral) and its Stochastic is 42 (neutral).
AMCX PE vs Communication Services Sector
| Metric | AMCX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
AMCX has no meaningful PE right now: it lost money over the past year.
TMUS PE vs Communication Services Sector
| Metric | TMUS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | Same PE |
| PE % | 1 | 26 | 25 pts below |
TMUS is trading at 16x earnings, in line with the Communication Services sector's median of 16x.
AMCX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.88 | 5.6% below |
| 20 week MA | $10.8 | 14% below |
| 50 week MA | $9.45 | 1.3% below |
| 100 week MA | $8.44 | 11% above |
| 200 week MA | $10.9 | 15% below |
AMCX's trend is mixed: it's above one of its five weekly moving averages, and 15% below its 200-week average.
TMUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.1 | 7.5% above |
| 20 week MA | $172.0 | 0.5% below |
| 50 week MA | $187.8 | 8.9% below |
| 100 week MA | $212.9 | 20% below |
| 200 week MA | $188.7 | 9.4% below |
TMUS has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 9.4% below its 200-week average.
AMCX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.5 | $32.9 | -17% |
| 2021 | $32.9 | $35.9 | +9.1% |
| 2022 | $35.9 | $15.6 | -57% |
| 2023 | $15.6 | $18.8 | +21% |
| 2024 | $18.8 | $9.42 | -50% |
| 2025 | $9.42 | $9.80 | +4% |
| 2026 YTD | $9.80 | $9.33 | -4.8% |
AMCX has the edge over TMUS on returns for 2026, with the stronger performance.
TMUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $77.2 | $132.9 | +72% |
| 2021 | $132.9 | $119.9 | -9.8% |
| 2022 | $119.9 | $140.0 | +17% |
| 2023 | $140.0 | $160.3 | +15% |
| 2024 | $160.3 | $223.0 | +39% |
| 2025 | $223.0 | $201.0 | -9.9% |
| 2026 YTD | $201.0 | $171.0 | -15% |
TMUS has finished higher in four of the last six years. It's down 15% so far in 2026.