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AMC ENTERTAINMENT HOLDINGS, INC.（AMC）与PAR PACIFIC HOLDINGS, INC.（PARR）财务数据对比。点击上方公司名可切换其他公司
PAR PACIFIC HOLDINGS, INC.的季度营收约是AMC ENTERTAINMENT HOLDINGS, INC.的1.4倍（$1.8B vs $1.3B），PAR PACIFIC HOLDINGS, INC.净利率更高（4.3% vs -9.9%，领先14.2%），PAR PACIFIC HOLDINGS, INC.同比增速更快（-1.0% vs -1.4%），PAR PACIFIC HOLDINGS, INC.自由现金流更多（$66.3M vs $43.3M），过去两年AMC ENTERTAINMENT HOLDINGS, INC.的营收复合增速更高（16.4% vs -4.3%）
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。
Par Pacific Holdings是总部位于美国休斯顿的油气勘探生产企业，曾在破产重组后以Par Petroleum Corporation为名运营，2015年10月20日正式更名为现名，2017年入选《财富》美国1000强企业。
AMC vs PARR — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.8B |
| 净利润 | $-127.4M | $77.7M |
| 毛利率 | — | — |
| 营业利润率 | 0.0% | 5.5% |
| 净利率 | -9.9% | 4.3% |
| 营收同比 | -1.4% | -1.0% |
| 净利润同比 | 6.0% | 239.5% |
| 每股收益（稀释后） | $-0.28 | $1.40 |
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
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.3B | $2.0B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $862.5M | $1.7B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $951.4M | $2.0B |
| Q4 25 | $-127.4M | $77.7M | ||
| Q3 25 | $-298.2M | $262.6M | ||
| Q2 25 | $-4.7M | $59.5M | ||
| Q1 25 | $-202.1M | $-30.4M | ||
| Q4 24 | $-135.6M | $-55.7M | ||
| Q3 24 | $-20.7M | $7.5M | ||
| Q2 24 | $-32.8M | $18.6M | ||
| Q1 24 | $-163.5M | $-3.8M |
| Q4 25 | 0.0% | 5.5% | ||
| Q3 25 | 2.8% | 17.8% | ||
| Q2 25 | 6.6% | 5.1% | ||
| Q1 25 | -16.9% | -0.9% | ||
| Q4 24 | 0.4% | -2.6% | ||
| Q3 24 | 5.3% | 1.7% | ||
| Q2 24 | -4.6% | 2.4% | ||
| Q1 24 | -11.4% | 0.5% |
| Q4 25 | -9.9% | 4.3% | ||
| Q3 25 | -22.9% | 13.0% | ||
| Q2 25 | -0.3% | 3.1% | ||
| Q1 25 | -23.4% | -1.7% | ||
| Q4 24 | -10.4% | -3.0% | ||
| Q3 24 | -1.5% | 0.3% | ||
| Q2 24 | -3.2% | 0.9% | ||
| Q1 24 | -17.2% | -0.2% |
| Q4 25 | $-0.28 | $1.40 | ||
| Q3 25 | $-0.58 | $5.16 | ||
| Q2 25 | $-0.01 | $1.17 | ||
| Q1 25 | $-0.47 | $-0.57 | ||
| Q4 24 | $-0.28 | $-0.98 | ||
| Q3 24 | $-0.06 | $0.13 | ||
| Q2 24 | $-0.10 | $0.32 | ||
| Q1 24 | $-0.62 | $-0.06 |
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 | $164.1M |
| 总债务越低越好 | $4.0B | $802.9M |
| 股东权益账面价值 | $-1.9B | $1.5B |
| 总资产 | $8.0B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 0.53× |
8季度趋势，按日历期对齐
| Q4 25 | $428.5M | $164.1M | ||
| Q3 25 | $365.8M | $159.1M | ||
| Q2 25 | $423.7M | $169.2M | ||
| Q1 25 | $378.7M | $133.7M | ||
| Q4 24 | $632.3M | $191.9M | ||
| Q3 24 | $527.4M | $183.0M | ||
| Q2 24 | $770.3M | $179.7M | ||
| Q1 24 | $624.2M | $228.3M |
| Q4 25 | $4.0B | $802.9M | ||
| Q3 25 | — | $967.1M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | $4.1B | $1.2B | ||
| Q4 24 | $4.1B | $1.1B | ||
| Q3 24 | $4.2B | $1.0B | ||
| Q2 24 | $4.3B | $1.1B | ||
| Q1 24 | $4.5B | $639.5M |
| Q4 25 | $-1.9B | $1.5B | ||
| Q3 25 | $-1.8B | $1.4B | ||
| Q2 25 | $-1.7B | $1.1B | ||
| Q1 25 | $-1.7B | $1.1B | ||
| Q4 24 | $-1.8B | $1.2B | ||
| Q3 24 | $-1.7B | $1.3B | ||
| Q2 24 | $-1.7B | $1.3B | ||
| Q1 24 | $-2.0B | $1.3B |
| Q4 25 | $8.0B | $3.8B | ||
| Q3 25 | $8.0B | $4.1B | ||
| Q2 25 | $8.2B | $3.9B | ||
| Q1 25 | $8.1B | $3.8B | ||
| Q4 24 | $8.2B | $3.8B | ||
| Q3 24 | $8.3B | $3.9B | ||
| Q2 24 | $8.6B | $3.9B | ||
| Q1 24 | $8.5B | $3.8B |
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 1.04× | ||
| Q4 24 | — | 0.93× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | 0.84× | ||
| Q1 24 | — | 0.49× |
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 | $93.8M |
| 自由现金流经营现金流 - 资本支出 | $43.3M | $66.3M |
| 自由现金流率自由现金流/营收 | 3.4% | 3.7% |
| 资本支出强度资本支出/营收 | 6.5% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 1.21× |
| 过去12个月自由现金流最近4个季度 | $-365.9M | $296.5M |
8季度趋势，按日历期对齐
| Q4 25 | $126.7M | $93.8M | ||
| Q3 25 | $-14.9M | $219.4M | ||
| Q2 25 | $138.4M | $133.6M | ||
| Q1 25 | $-370.0M | $-1.4M | ||
| Q4 24 | $203.6M | $-15.5M | ||
| Q3 24 | $-31.5M | $78.5M | ||
| Q2 24 | $-34.6M | $-4.7M | ||
| Q1 24 | $-188.3M | $25.4M |
| Q4 25 | $43.3M | $66.3M | ||
| Q3 25 | $-81.1M | $187.1M | ||
| Q2 25 | $88.9M | $85.5M | ||
| Q1 25 | $-417.0M | $-42.3M | ||
| Q4 24 | $113.9M | $-63.1M | ||
| Q3 24 | $-92.2M | $50.2M | ||
| Q2 24 | $-79.2M | $-41.6M | ||
| Q1 24 | $-238.8M | $2.8M |
| Q4 25 | 3.4% | 3.7% | ||
| Q3 25 | -6.2% | 9.3% | ||
| Q2 25 | 6.4% | 4.5% | ||
| Q1 25 | -48.3% | -2.4% | ||
| Q4 24 | 8.7% | -3.4% | ||
| Q3 24 | -6.8% | 2.3% | ||
| Q2 24 | -7.7% | -2.1% | ||
| Q1 24 | -25.1% | 0.1% |
| Q4 25 | 6.5% | 1.5% | ||
| Q3 25 | 5.1% | 1.6% | ||
| Q2 25 | 3.5% | 2.5% | ||
| Q1 25 | 5.4% | 2.3% | ||
| Q4 24 | 6.9% | 2.6% | ||
| Q3 24 | 4.5% | 1.3% | ||
| Q2 24 | 4.3% | 1.8% | ||
| Q1 24 | 5.3% | 1.1% |
| Q4 25 | — | 1.21× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 10.48× | ||
| Q2 24 | — | -0.25× | ||
| Q1 24 | — | — |
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% |
PARR
| Distillates | $750.6M | 41% |
| Gasoline | $603.9M | 33% |
| Other Refined Products | $348.8M | 19% |
| Logistics | $73.7M | 4% |
| Other Revenues | $44.8M | 2% |
