Company Description
AMC Entertainment Holdings, Inc. (NYSE: AMC) is a motion picture exhibition company in the Information sector, operating in the motion picture theaters industry. According to the company’s public disclosures, AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world, with a global circuit of approximately 860 theatres and 9,600 screens. The company’s business centers on operating AMC Theatres locations in the U.S. and ODEON Cinemas internationally.
AMC’s operations are focused on the theatrical exhibition business. It owns, operates, or has interests in theatres located in the United States and Europe, and has identified U.S. markets and International markets as reportable segments for its theatrical exhibition operations. The company has stated that it derives key revenue from the U.S. market.
Core theatrical experience and amenities
AMC emphasizes the in-theatre experience as a core part of its business model. The company reports that it has propelled innovation in the exhibition industry by deploying signature power-recliner seats, offering enhanced food and beverage choices, and providing premium large format experiences. AMC also highlights features such as immersive sound and crisp laser projection in its communications, positioning its theatres as destinations for major Hollywood releases as well as independent programming.
In addition to traditional ticket sales, AMC points to food and beverage sales and merchandise programs as important aspects of the theatre experience. Company announcements describe specialty themed popcorn and drink vessels and other branded items tied to major releases, reflecting efforts to deepen guest engagement inside theatres.
Brands: AMC Theatres and ODEON Cinemas
AMC operates under distinct brands in different geographies. In the United States, the company’s theatres operate as AMC Theatres. Internationally, AMC operates ODEON Cinemas, which the company identifies as part of its global circuit. Company updates frequently reference attendance and performance at both AMC and ODEON locations, underscoring the importance of both U.S. and international markets to the overall enterprise.
AMC’s theatres are used as a platform for a wide variety of content. The company notes that it plays the latest Hollywood releases and independent programming, and also hosts special engagements and promotional events. Examples in recent communications include fan-focused events and double features around major franchise titles.
Guest engagement, loyalty and subscription programs
AMC describes guest engagement as a key focus area. The company reports that it generates greater guest engagement through loyalty and subscription programs, as well as through its website and mobile apps. These programs are designed to encourage repeat visitation and offer benefits such as discounts or special access, as reflected in various company announcements.
AMC Stubs is highlighted as a central loyalty platform, with tens of millions of members referenced in company communications. Within that framework, AMC has introduced offerings such as the AMC Popcorn Pass, which provides eligible loyalty members with a discount on large popcorn every day over a defined period, alongside an existing benefit of one free refill per day on large popcorn. The company positions these offerings as ways to add value to the moviegoing experience.
Premium formats and special programming
AMC emphasizes that a significant portion of its admissions revenue for certain major titles comes from premium formats. For example, the company has reported that for the film AVATAR: FIRE & ASH, approximately two-thirds of U.S. admissions revenue at AMC theatres came from IMAX 3D, Dolby Cinema 3D, and RealD 3D showtimes. This underscores the role of premium large format experiences in AMC’s exhibition model.
The company also highlights special programming and partnerships that bring unique content to theatres. In its public statements, AMC has described promotional fan screenings and limited engagements, including collaborations that bring episodic or streaming-originated content to the big screen on a promotional basis. These events are presented as opportunities for fans to experience popular franchises in a theatrical setting.
Capital structure, refinancing and corporate governance
AMC is incorporated in Delaware and its Class A common stock trades on the New York Stock Exchange under the symbol AMC. The company’s filings describe an active approach to managing its capital structure. In 2025, AMC and its subsidiary Muvico, LLC entered into a series of refinancing transactions involving new Senior Secured Notes due 2029 and new Senior Secured Exchangeable Notes due 2030. These transactions included exchanges of existing notes, new money financing, and amendments to the company’s credit agreement.
Subsequent filings describe further activity related to Muvico’s Senior Secured Exchangeable Notes, including cancellation of a portion of the notes and amendments to the indenture governing those notes. In addition, AMC has delivered notices of conditional full redemption for certain subordinated notes, conditioned on the consummation of a private offering of new senior secured notes.
Corporate governance matters are addressed in AMC’s proxy materials and related filings. The company’s definitive proxy statement outlines proposals presented to stockholders, including amendments to its certificate of incorporation related to board structure, stockholder rights, and the number of authorized shares of Class A common stock. An 8-K filing describes stockholder voting results at the 2025 Annual Meeting, including approval of an amendment to increase the total number of authorized shares of Class A common stock and the ratification of the company’s independent registered public accounting firm.
Scale and industry role
AMC’s disclosures consistently describe it as the largest theatrical exhibitor in the United States, in Europe, and globally, based on theatre and screen counts. The company’s scale allows it to participate in major box office events, with public statements citing weeks in which millions of guests visited AMC or ODEON theatres worldwide. These attendance figures are presented as indicators of the continuing appeal of the theatrical moviegoing experience.
AMC also notes that it participates in cinema advertising networks. For example, National CineMedia, Inc. identifies AMC as one of the three national theatre chains in the United States that present its pre-show content. This association reflects AMC’s position within the broader cinema and advertising ecosystem.
Risk factors and forward-looking considerations
AMC’s communications and filings include extensive discussion of risks and uncertainties. The company identifies factors such as the sufficiency of cash and borrowing capacity, the effectiveness of refinancing transactions, the continued recovery of the box office, competition in the geographic areas where it operates, the impact of alternative film delivery methods, and general economic and regulatory conditions. It also references the use of artificial intelligence in filmmaking and audience acceptance of such content as an area of uncertainty.
Forward-looking statements in AMC’s communications are accompanied by cautionary language noting that actual results may differ materially from expectations due to these and other factors, and that the company does not undertake to update such statements except as required by law.
Frequently asked questions about AMC Entertainment Holdings, Inc.
The following FAQs summarize key points drawn from AMC’s public descriptions and filings.
Stock Performance
Amc Entmt Hldgs (AMC) stock last traded at $0.9653, down 1.68% from the previous close. Over the past 12 months, the stock has lost 68.1%, ranking #1,978 in 52-week price change. At a market capitalization of $577.0M, AMC is classified as a small-cap stock with approximately 582.8M shares outstanding.
Latest News
Amc Entmt Hldgs has 10 recent news articles, with the latest published 4 days ago. Of the recent coverage, 5 articles coincided with positive price movement and 5 with negative movement. Key topics include offering, earnings, earnings date. View all AMC news →
SEC Filings
Amc Entmt Hldgs has filed 5 recent SEC filings, including 2 Form 8-K, 2 Form 424B7, 1 Form SCHEDULE 13G/A. The most recent filing was submitted on March 26, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all AMC SEC filings →
Financial Highlights
Amc Entmt Hldgs generated $4.8B in revenue over the trailing twelve months, operating income reached -$17.4M (-0.4% operating margin), and net income was -$632.4M, reflecting a -13.0% net profit margin. Diluted earnings per share stood at $-1.34. The company generated -$119.8M in operating cash flow. With a current ratio of 0.41, short-term liquidity bears monitoring.
Upcoming Events
Senior secured loan closing
TEAM USA announced
Film opens in theatres
Cannes Lions festival
U.S. theatrical release
Rollout completion
2028 annual meeting
Amc Entmt Hldgs has 7 upcoming scheduled events. The next event, "Senior secured loan closing", is scheduled for April 6, 2026 (in 10 days). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the AMC stock price.
Short Interest History
Short interest in Amc Entmt Hldgs (AMC) currently stands at 124.9 million shares, up 11.6% from the previous reporting period, representing 23.8% of the float. Over the past 12 months, short interest has increased by 157.5%. This high level of short interest suggests significant bearish sentiment among traders.
Days to Cover History
Days to cover for Amc Entmt Hldgs (AMC) currently stands at 2.8 days. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has decreased 55.9% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.6 to 9.9 days.
AMC Company Profile & Sector Positioning
Amc Entmt Hldgs (AMC) operates in the Entertainment industry within the broader Services-motion Picture Theaters sector and is listed on the NYSE. In monthly performance, the stock ranks #1,816 among all tracked companies.
Investors comparing AMC often look at related companies in the same sector, including Imax Corp (IMAX), Dave & Busters Entmt Inc (PLAY), Huya Inc (HUYA), Marcus Corp (MCS), and Sphere Entertainment Co (SPHR). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate AMC's relative position within its industry.