Cinemark Holdings, Inc.
- Open
- 35.61
- Day high
- 35.61
- Day low
- 34.75
- Prev close
- 35.61
- Volume
- 621K
- Mkt cap
- $4.0B
- P/E (TTM)
- 18.8
- EPS (TTM)
- $1.86
- P/B
- 2.0
- P/S
- 1.2
- Yield
- 1.03%
- Per share
- $0.36
Cinemark Holdings, Inc. (CNK) is a Communication Services company listed on NYSE. The stock is up 40% over the past year. Drillr has 1 published research article covering CNK.
Cinemark Holdings, Inc. (CNK) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 9 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
CNK earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 30, 2026 | $1.03 | $1.19 | +15.5% | $1.1B | +5.1% |
| May 1, 2026 | $-0.05 | $-0.06 | -20.0% | $643M | +2.3% |
| Feb 18, 2026 | $0.24 | $0.16 | -33.3% | $776M | +27.2% |
| Nov 5, 2025 | $0.44 | $0.40 | -9.1% | $858M | +8.3% |
| Aug 1, 2025 | $0.78 | $0.63 | -19.2% | $941M | +8.1% |
| May 2, 2025 | $-0.32 | $-0.32 | +0.0% | $541M | -40.3% |
| Feb 19, 2025 | $0.39 | $0.33 | -15.4% | $814M | +33.3% |
| Oct 31, 2024 | $0.56 | $1.19 | +112.5% | $922M | +16.7% |
| Aug 2, 2024 | $0.10 | $0.32 | +220.0% | $734M | +3.1% |
| May 2, 2024 | $-0.20 | $0.19 | +195.0% | $579M | +1.5% |
| Feb 16, 2024 | $-0.16 | $-0.15 | +6.3% | $639M | +3.3% |
| Nov 3, 2023 | $0.42 | $0.61 | +45.2% | $875M | +5.5% |
CNK insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 14, 2026 | Sepulveda Carlos Mdirector | Grant | 5,439 | — |
| Aug 14, 2026 | Antonellis Darcydirector | Grant | 5,439 | — |
| Aug 14, 2026 | CHERESKIN BENJAMIN Ddirector | Grant | 5,439 | — |
| Aug 14, 2026 | Zoradi Markdirector | Grant | 5,439 | — |
| Aug 14, 2026 | ROSENBERG STEVEdirector | Grant | 5,439 | — |
| Aug 14, 2026 | Syufy Raymond Wdirector | Grant | 5,439 | — |
| Aug 14, 2026 | SENIOR ENRIQUEdirector | Grant | 5,439 | — |
| Aug 14, 2026 | Loewe Nancy S.director | Grant | 5,439 | — |
| Aug 14, 2026 | Humrichouse Ximena Gdirector | Grant | 5,439 | — |
| Aug 14, 2026 | Mitchell Kevin Leroydirector | Grant | 5,439 | — |
| Aug 14, 2026 | Burian Lawrence J.director | Grant | 3,908 | — |
| May 4, 2026 | Zoradi Markdirector | Sell | 150,000 | $29.52 |
| Apr 2, 2026 | Bedard Carenofficer: SVP-Global Controller | Grant | 700 | — |
| Feb 24, 2026 | Fernandes Valmirofficer: Pr - Cinemark International | Tax | 35,392 | $26.36 |
| Feb 24, 2026 | Thomas Melissaofficer: EVP, Chief Financial Officer | Tax | 42,666 | $26.36 |
Source: CNK SEC Form 4 filings, latest Aug 14, 2026. For informational purposes only — not investment advice.
See the full CNK insider & 13F page →Cinemark Holdings, Inc. company profile
Overview
Cinemark Holdings, Inc. (NYSE:CNK) is one of the largest movie theater chains in the world, operating cinema complexes across the United States, South America, and Central America. Founded in 1984 and headquartered in Plano, Texas, the company went public in 2007. Cinemark operates 522 theaters with 5,868 screens as of 2022, serving over 200 million guests annually. The company has successfully navigated the post-pandemic recovery of the movie theater industry, demonstrating resilience through strategic investments in premium experiences, loyalty programs, and operational efficiency improvements.
Business
Cinemark operates in the motion picture exhibition industry, which is part of the broader entertainment sector. The company's core business involves operating movie theaters where consumers pay to watch films on large screens in a communal setting. This industry serves as a critical link between film studios (who produce movies) and consumers (who want to watch them). The company operates two primary business segments. The Domestic segment represents approximately 80% of total revenue and includes all theater operations within the United States. These theaters typically feature multiple screens showing various films simultaneously, along with concession stands selling food and beverages. The International segment accounts for roughly 20% of revenue and encompasses operations in South and Central American markets including Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, and Bolivia. Cinemark's theaters range from traditional multiplex cinemas to premium format locations featuring enhanced amenities. The company operates several proprietary premium formats including Cinemark XD (extreme digital cinema with larger screens and enhanced sound), D-BOX motion seats that move in sync with the action on screen, and theaters equipped with Barco laser projection systems for superior image quality. Many locations also feature luxury amenities such as reclining seats, expanded food and beverage options, and reserved seating. The company has also expanded into alternative content beyond traditional Hollywood films, including live events, concerts, sports broadcasts, faith-based programming, anime, and multicultural content. This alternative programming represents approximately 10-14% of total admissions revenue and helps diversify the content offering during periods when fewer major films are released.
Revenue model
Cinemark generates revenue through two primary streams: admissions revenue from ticket sales and concession revenue from food and beverage sales. Admissions typically account for about 55-60% of total revenue, while concessions represent 40-45%. The company's customers are individual consumers who purchase tickets and concessions for entertainment. The business model is inherently tied to film release schedules from major studios. When popular films are released, attendance increases dramatically, driving both ticket and concession sales. Conversely, during periods with fewer major releases, revenue can decline significantly. This creates a cyclical pattern where quarterly results can vary substantially based on the film slate. Concession sales are particularly important to profitability, as they carry much higher margins than ticket sales. The company has achieved record-high concession per capita spending of $7.89-$7.97, driven by strategic pricing, expanded product offerings, mobile ordering capabilities, and premium food options. Theater operators typically retain 100% of concession revenue, while ticket revenue is shared with film distributors. Several factors can increase margins: strong film content driving higher attendance, successful premium format upselling (XD, D-BOX seats command higher ticket prices), effective concession merchandising, operational efficiency improvements, and strategic pricing optimization. Factors that decrease margins include weak film slates, increased film rental costs (the percentage paid to studios), rising labor and commodity costs, competition from streaming services, and economic downturns that reduce discretionary entertainment spending. The company also operates a Movie Club subscription program with 1.4 million members who pay monthly fees for tickets and concession discounts. This program helps drive customer loyalty and provides predictable recurring revenue, with Movie Club members accounting for approximately 25% of domestic box office revenue.
Competitive moat
Cinemark's competitive moat is moderate and primarily based on geographic market positioning and operational scale. The company benefits from prime real estate locations in shopping centers and entertainment districts that would be difficult and expensive for competitors to replicate. Many of their theater locations have long-term leases in desirable markets, creating barriers to entry for new competitors. The company's scale advantages provide some protection through negotiating power with film distributors, suppliers, and landlords. Their large footprint allows them to spread fixed costs across many locations and invest in premium technologies and amenities that smaller operators cannot afford. The Movie Club loyalty program creates some customer stickiness, though this is relatively modest compared to other subscription-based businesses. However, the moat is not particularly strong. The movie theater industry faces significant structural challenges from streaming services like Netflix, Disney+, and Amazon Prime, which offer convenient home viewing experiences. The COVID-19 pandemic accelerated the adoption of streaming and shortened theatrical release windows, permanently altering consumer behavior patterns. Competition comes from other major theater chains (AMC, Regal), independent theaters, and most significantly from at-home entertainment alternatives. The rise of large-screen TVs, high-quality sound systems, and day-and-date streaming releases for some films poses an ongoing threat. Additionally, changing consumer preferences, particularly among younger demographics who are more comfortable with streaming, represent a long-term challenge to the traditional theatrical experience. The company's best defense lies in emphasizing the unique social experience of moviegoing, investing in premium amenities that cannot be replicated at home, and maintaining strong relationships with studios to preserve exclusive theatrical windows for major releases.
Risks & safety
Cinemark's margin of safety appears moderate to low based on current financial metrics and industry dynamics. **Liquidity and Solvency:** - Strong cash position of $699.4 million as of Q1 2025 - Current ratio of 0.79 indicates potential short-term liquidity concerns - High debt-to-equity ratio of 9.9x represents significant leverage risk - Negative free cash flow of -$141.2 million in Q1 2025 raises sustainability questions - $460 million convertible notes due in August 2025 requiring refinancing or repayment **Valuation Metrics:** - EV/EBITDA of 35.8x appears extremely elevated for Q1 2025 - Price-to-book ratio of 8.5x suggests high valuation relative to tangible assets - Negative ROE of -11.1% in latest quarter indicates poor profitability trends **Other Considerations:** - Cyclical industry with high operating leverage amplifies both upside and downside risks - Dependence on film release schedules creates earnings volatility - Post-pandemic recovery remains incomplete with ongoing structural headwinds from streaming
Recent development
Over the past few years, Cinemark has focused on several key strategic initiatives to strengthen its competitive position and recover from the pandemic impact. The company has significantly expanded its Movie Club loyalty program, growing membership from 1.1 million in 2022 to 1.4 million by 2024, with members now representing over 50% of domestic box office revenue and 25% of total admissions. The company has invested heavily in premium theater experiences, converting 20% of its global footprint to Barco laser projection systems and expanding premium large format (PLF) screens. These premium formats, including Cinemark XD and D-BOX motion seats, represent only 5.5% of total screens but generate 13.4% of box office revenue, demonstrating successful premium positioning. Concession innovation has been a major focus, with the company achieving record-high food and beverage per capita spending through strategic pricing, expanded product offerings, mobile ordering capabilities, and self-service options. The company has also partnered with third-party delivery platforms to extend its reach beyond traditional in-theater sales. Cinemark has diversified its content strategy by expanding alternative programming beyond traditional Hollywood films, including anime, faith-based content, live events, and multicultural programming. This alternative content now represents 10-14% of admissions revenue and provides revenue stability during periods with fewer major film releases. The company has also reactivated its new theater construction pipeline and is exploring strategic acquisition opportunities, particularly targeting high-quality assets that would deepen market penetration in existing markets. Additionally, Cinemark reinstated its dividend in 2024 and completed a $200 million share buyback program, signaling confidence in its financial recovery.
CNK company profile · for informational purposes only — not investment advice.
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