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AMC ENTERTAINMENT HOLDINGS, INC.（AMC）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是AMC ENTERTAINMENT HOLDINGS, INC.的1.1倍（$1.5B vs $1.3B），RXO, Inc.净利率更高（-3.1% vs -9.9%，领先6.8%），AMC ENTERTAINMENT HOLDINGS, INC.同比增速更快（-1.4% vs -11.9%），AMC ENTERTAINMENT HOLDINGS, INC.自由现金流更多（$43.3M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 16.4%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
AMC vs RXO — 直观对比
营收规模更大
RXO
是对方的1.1倍
$1.3B
营收增速更快
AMC
高出10.5%
-11.9%
净利率更高
RXO
高出6.8%
-9.9%
自由现金流更多
AMC
多$52.3M
$-9.0M
两年增速更快
RXO
近两年复合增速
16.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $-127.4M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | 0.0% | -2.9% |
| 净利率 | -9.9% | -3.1% |
| 营收同比 | -1.4% | -11.9% |
| 净利润同比 | 6.0% | -84.0% |
| 每股收益（稀释后） | $-0.28 | $-0.28 |
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AMCRXO
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $862.5M | $1.4B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.0B | $930.0M | ||
| Q1 24 | $951.4M | $913.0M |
净利润AMCRXO
| Q4 25 | $-127.4M | $-46.0M | ||
| Q3 25 | $-298.2M | $-14.0M | ||
| Q2 25 | $-4.7M | $-9.0M | ||
| Q1 25 | $-202.1M | $-31.0M | ||
| Q4 24 | $-135.6M | $-25.0M | ||
| Q3 24 | $-20.7M | $-243.0M | ||
| Q2 24 | $-32.8M | $-7.0M | ||
| Q1 24 | $-163.5M | $-15.0M |
营业利润率AMCRXO
| Q4 25 | 0.0% | -2.9% | ||
| Q3 25 | 2.8% | -0.5% | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | -16.9% | -2.1% | ||
| Q4 24 | 0.4% | -1.4% | ||
| Q3 24 | 5.3% | -1.9% | ||
| Q2 24 | -4.6% | — | ||
| Q1 24 | -11.4% | -1.3% |
净利率AMCRXO
| Q4 25 | -9.9% | -3.1% | ||
| Q3 25 | -22.9% | -1.0% | ||
| Q2 25 | -0.3% | -0.6% | ||
| Q1 25 | -23.4% | -2.2% | ||
| Q4 24 | -10.4% | -1.5% | ||
| Q3 24 | -1.5% | -23.4% | ||
| Q2 24 | -3.2% | -0.8% | ||
| Q1 24 | -17.2% | -1.6% |
每股收益（稀释后）AMCRXO
| Q4 25 | $-0.28 | $-0.28 | ||
| Q3 25 | $-0.58 | $-0.08 | ||
| Q2 25 | $-0.01 | $-0.05 | ||
| Q1 25 | $-0.47 | $-0.18 | ||
| Q4 24 | $-0.28 | $-0.17 | ||
| Q3 24 | $-0.06 | $-1.81 | ||
| Q2 24 | $-0.10 | $-0.06 | ||
| Q1 24 | $-0.62 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | $4.0B | $387.0M |
| 股东权益账面价值 | $-1.9B | $1.5B |
| 总资产 | $8.0B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资AMCRXO
| Q4 25 | $428.5M | $17.0M | ||
| Q3 25 | $365.8M | $25.0M | ||
| Q2 25 | $423.7M | $18.0M | ||
| Q1 25 | $378.7M | $16.0M | ||
| Q4 24 | $632.3M | $35.0M | ||
| Q3 24 | $527.4M | $55.0M | ||
| Q2 24 | $770.3M | $7.0M | ||
| Q1 24 | $624.2M | $7.0M |
总债务AMCRXO
| Q4 25 | $4.0B | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | $4.1B | $387.0M | ||
| Q4 24 | $4.1B | $351.0M | ||
| Q3 24 | $4.2B | $352.0M | ||
| Q2 24 | $4.3B | $370.0M | ||
| Q1 24 | $4.5B | $351.0M |
股东权益AMCRXO
| Q4 25 | $-1.9B | $1.5B | ||
| Q3 25 | $-1.8B | $1.6B | ||
| Q2 25 | $-1.7B | $1.6B | ||
| Q1 25 | $-1.7B | $1.6B | ||
| Q4 24 | $-1.8B | $1.6B | ||
| Q3 24 | $-1.7B | $1.7B | ||
| Q2 24 | $-1.7B | $579.0M | ||
| Q1 24 | $-2.0B | $582.0M |
总资产AMCRXO
| Q4 25 | $8.0B | $3.3B | ||
| Q3 25 | $8.0B | $3.2B | ||
| Q2 25 | $8.2B | $3.2B | ||
| Q1 25 | $8.1B | $3.3B | ||
| Q4 24 | $8.2B | $3.4B | ||
| Q3 24 | $8.3B | $3.4B | ||
| Q2 24 | $8.6B | $1.8B | ||
| Q1 24 | $8.5B | $1.8B |
负债/权益比AMCRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $43.3M | $-9.0M |
| 自由现金流率自由现金流/营收 | 3.4% | -0.6% |
| 资本支出强度资本支出/营收 | 6.5% | 1.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-365.9M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流AMCRXO
| Q4 25 | $126.7M | $7.0M | ||
| Q3 25 | $-14.9M | $23.0M | ||
| Q2 25 | $138.4M | $23.0M | ||
| Q1 25 | $-370.0M | $-2.0M | ||
| Q4 24 | $203.6M | $-7.0M | ||
| Q3 24 | $-31.5M | $-7.0M | ||
| Q2 24 | $-34.6M | $-5.0M | ||
| Q1 24 | $-188.3M | $7.0M |
自由现金流AMCRXO
| Q4 25 | $43.3M | $-9.0M | ||
| Q3 25 | $-81.1M | $9.0M | ||
| Q2 25 | $88.9M | $9.0M | ||
| Q1 25 | $-417.0M | $-17.0M | ||
| Q4 24 | $113.9M | $-19.0M | ||
| Q3 24 | $-92.2M | $-18.0M | ||
| Q2 24 | $-79.2M | $-16.0M | ||
| Q1 24 | $-238.8M | $-4.0M |
自由现金流率AMCRXO
| Q4 25 | 3.4% | -0.6% | ||
| Q3 25 | -6.2% | 0.6% | ||
| Q2 25 | 6.4% | 0.6% | ||
| Q1 25 | -48.3% | -1.2% | ||
| Q4 24 | 8.7% | -1.1% | ||
| Q3 24 | -6.8% | -1.7% | ||
| Q2 24 | -7.7% | -1.7% | ||
| Q1 24 | -25.1% | -0.4% |
资本支出强度AMCRXO
| Q4 25 | 6.5% | 1.1% | ||
| Q3 25 | 5.1% | 1.0% | ||
| Q2 25 | 3.5% | 1.0% | ||
| Q1 25 | 5.4% | 1.0% | ||
| Q4 24 | 6.9% | 0.7% | ||
| Q3 24 | 4.5% | 1.1% | ||
| Q2 24 | 4.3% | 1.2% | ||
| Q1 24 | 5.3% | 1.2% |
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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
