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AMC ENTERTAINMENT HOLDINGS, INC.（AMC）与康卡斯特（CMCSA）财务数据对比。点击上方公司名可切换其他公司
康卡斯特的季度营收约是AMC ENTERTAINMENT HOLDINGS, INC.的24.4倍（$31.5B vs $1.3B）。康卡斯特净利率更高（6.9% vs -9.9%，领先16.8%）。康卡斯特同比增速更快（5.3% vs -1.4%）。康卡斯特自由现金流更多（$3.9B vs $43.3M）。过去两年AMC ENTERTAINMENT HOLDINGS, INC.的营收复合增速更高（16.4% vs 2.9%）
AMC娱乐控股是总部位于美国堪萨斯州利伍德的连锁影院集团，1920年创立于密苏里州堪萨斯城，是全球规模最大的影院运营商，目前在全球共运营约860家影院、总计超过9600块银幕，业务覆盖美国与欧洲多地。
康卡斯特是美国跨国大众传媒、电信及娱乐综合集团，总部位于费城康卡斯特中心，旗下NBC环球、纽约业务及其他核心资产总部设于纽约曼哈顿中城洛克菲勒广场30号，2023年位列福布斯全球企业2000强第51位，是全球传媒娱乐领域的头部企业。
AMC vs CMCSA — 直观对比
营收规模更大
CMCSA
是对方的24.4倍
$1.3B
营收增速更快
CMCSA
高出6.6%
-1.4%
净利率更高
CMCSA
高出16.8%
-9.9%
自由现金流更多
CMCSA
多$3.9B
$43.3M
两年增速更快
AMC
近两年复合增速
2.9%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $31.5B |
| 净利润 | $-127.4M | $2.2B |
| 毛利率 | — | — |
| 营业利润率 | 0.0% | 13.1% |
| 净利率 | -9.9% | 6.9% |
| 营收同比 | -1.4% | 5.3% |
| 净利润同比 | 6.0% | -35.6% |
| 每股收益（稀释后） | $-0.28 | $0.60 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AMCCMCSA
| Q1 26 | — | $31.5B | ||
| Q4 25 | $1.3B | $32.3B | ||
| Q3 25 | $1.3B | $31.2B | ||
| Q2 25 | $1.4B | $30.3B | ||
| Q1 25 | $862.5M | $29.9B | ||
| Q4 24 | $1.3B | $31.9B | ||
| Q3 24 | $1.3B | $32.1B | ||
| Q2 24 | $1.0B | $29.7B |
净利润AMCCMCSA
| Q1 26 | — | $2.2B | ||
| Q4 25 | $-127.4M | $2.2B | ||
| Q3 25 | $-298.2M | $3.3B | ||
| Q2 25 | $-4.7M | $11.1B | ||
| Q1 25 | $-202.1M | $3.4B | ||
| Q4 24 | $-135.6M | $4.8B | ||
| Q3 24 | $-20.7M | $3.6B | ||
| Q2 24 | $-32.8M | $3.9B |
营业利润率AMCCMCSA
| Q1 26 | — | 13.1% | ||
| Q4 25 | 0.0% | 10.8% | ||
| Q3 25 | 2.8% | 17.7% | ||
| Q2 25 | 6.6% | 19.8% | ||
| Q1 25 | -16.9% | 18.9% | ||
| Q4 24 | 0.4% | 15.6% | ||
| Q3 24 | 5.3% | 18.3% | ||
| Q2 24 | -4.6% | 22.3% |
净利率AMCCMCSA
| Q1 26 | — | 6.9% | ||
| Q4 25 | -9.9% | 6.7% | ||
| Q3 25 | -22.9% | 10.7% | ||
| Q2 25 | -0.3% | 36.7% | ||
| Q1 25 | -23.4% | 11.3% | ||
| Q4 24 | -10.4% | 15.0% | ||
| Q3 24 | -1.5% | 11.3% | ||
| Q2 24 | -3.2% | 13.2% |
每股收益（稀释后）AMCCMCSA
| Q1 26 | — | $0.60 | ||
| Q4 25 | $-0.28 | $0.62 | ||
| Q3 25 | $-0.58 | $0.90 | ||
| Q2 25 | $-0.01 | $2.98 | ||
| Q1 25 | $-0.47 | $0.89 | ||
| Q4 24 | $-0.28 | $1.23 | ||
| Q3 24 | $-0.06 | $0.94 | ||
| Q2 24 | $-0.10 | $1.00 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $428.5M | $9.5B |
| 总债务越低越好 | $4.0B | $5.4B |
| 股东权益账面价值 | $-1.9B | $88.3B |
| 总资产 | $8.0B | $260.0B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资AMCCMCSA
| Q1 26 | — | $9.5B | ||
| Q4 25 | $428.5M | $9.5B | ||
| Q3 25 | $365.8M | $9.3B | ||
| Q2 25 | $423.7M | $9.7B | ||
| Q1 25 | $378.7M | $8.6B | ||
| Q4 24 | $632.3M | $7.3B | ||
| Q3 24 | $527.4M | $8.9B | ||
| Q2 24 | $770.3M | $6.2B |
总债务AMCCMCSA
| Q1 26 | — | $5.4B | ||
| Q4 25 | $4.0B | $93.0B | ||
| Q3 25 | — | $93.2B | ||
| Q2 25 | — | $95.8B | ||
| Q1 25 | $4.1B | $92.3B | ||
| Q4 24 | $4.1B | $94.2B | ||
| Q3 24 | $4.2B | $98.8B | ||
| Q2 24 | $4.3B | $97.1B |
股东权益AMCCMCSA
| Q1 26 | — | $88.3B | ||
| Q4 25 | $-1.9B | $96.9B | ||
| Q3 25 | $-1.8B | $97.1B | ||
| Q2 25 | $-1.7B | $96.9B | ||
| Q1 25 | $-1.7B | $86.6B | ||
| Q4 24 | $-1.8B | $85.6B | ||
| Q3 24 | $-1.7B | $85.8B | ||
| Q2 24 | $-1.7B | $83.2B |
总资产AMCCMCSA
| Q1 26 | — | $260.0B | ||
| Q4 25 | $8.0B | $272.6B | ||
| Q3 25 | $8.0B | $273.0B | ||
| Q2 25 | $8.2B | $273.9B | ||
| Q1 25 | $8.1B | $267.8B | ||
| Q4 24 | $8.2B | $266.2B | ||
| Q3 24 | $8.3B | $269.9B | ||
| Q2 24 | $8.6B | $262.6B |
负债/权益比AMCCMCSA
| Q1 26 | — | 0.06× | ||
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | 0.99× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | — | 1.10× | ||
| Q3 24 | — | 1.15× | ||
| Q2 24 | — | 1.17× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $126.7M | $6.9B |
| 自由现金流经营现金流 - 资本支出 | $43.3M | $3.9B |
| 自由现金流率自由现金流/营收 | 3.4% | 12.4% |
| 资本支出强度资本支出/营收 | 6.5% | 7.5% |
| 现金转化率经营现金流/净利润 | — | 3.17× |
| 过去12个月自由现金流最近4个季度 | $-365.9M | $19.8B |
8季度趋势，按日历期对齐
经营现金流AMCCMCSA
| Q1 26 | — | $6.9B | ||
| Q4 25 | $126.7M | $8.8B | ||
| Q3 25 | $-14.9M | $8.7B | ||
| Q2 25 | $138.4M | $7.8B | ||
| Q1 25 | $-370.0M | $8.3B | ||
| Q4 24 | $203.6M | $8.1B | ||
| Q3 24 | $-31.5M | $7.0B | ||
| Q2 24 | $-34.6M | $4.7B |
自由现金流AMCCMCSA
| Q1 26 | — | $3.9B | ||
| Q4 25 | $43.3M | $5.1B | ||
| Q3 25 | $-81.1M | $5.6B | ||
| Q2 25 | $88.9M | $5.1B | ||
| Q1 25 | $-417.0M | $6.0B | ||
| Q4 24 | $113.9M | $4.2B | ||
| Q3 24 | $-92.2M | $4.1B | ||
| Q2 24 | $-79.2M | $2.0B |
自由现金流率AMCCMCSA
| Q1 26 | — | 12.4% | ||
| Q4 25 | 3.4% | 15.8% | ||
| Q3 25 | -6.2% | 18.0% | ||
| Q2 25 | 6.4% | 16.9% | ||
| Q1 25 | -48.3% | 20.2% | ||
| Q4 24 | 8.7% | 13.1% | ||
| Q3 24 | -6.8% | 12.8% | ||
| Q2 24 | -7.7% | 6.7% |
资本支出强度AMCCMCSA
| Q1 26 | — | 7.5% | ||
| Q4 25 | 6.5% | 11.6% | ||
| Q3 25 | 5.1% | 9.8% | ||
| Q2 25 | 3.5% | 8.8% | ||
| Q1 25 | 5.4% | 7.5% | ||
| Q4 24 | 6.9% | 12.3% | ||
| Q3 24 | 4.5% | 9.1% | ||
| Q2 24 | 4.3% | 9.2% |
现金转化率AMCCMCSA
| Q1 26 | — | 3.17× | ||
| Q4 25 | — | 4.08× | ||
| Q3 25 | — | 2.61× | ||
| Q2 25 | — | 0.70× | ||
| Q1 25 | — | 2.46× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.93× | ||
| Q2 24 | — | 1.20× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AMC
| Admission | $701.6M | 54% |
| Food And Beverage | $436.5M | 34% |
| Other | $106.2M | 8% |
| Advertising | $44.0M | 3% |
CMCSA
| Connectivity & Platforms | $20.0B | 63% |
| Content & Experiences | $11.9B | 38% |
