Cinemark Holdings, Inc. (CNK) 10-Year Financial Performance & Capital Metrics

CNK • • Industrial / General

Communication ServicesEntertainmentLive Events & Venue OperationsLive Music & Concert Promoters

AboutCinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. As of June 30, 2022, it operated 522 theatres with 5,868 screens in the United States, and South and Central America. The company was founded in 1984 and is headquartered in Plano, Texas.Show more

Revenue $3.05B -0.6%
EBITDA $557M -4.2%
Net Income $310M +64.6%
EPS (Diluted) 2.06 +53.7%
Gross Margin 64.42% +246.2%
EBITDA Margin 18.26% -3.7%
Operating Margin 11.78% -2.8%
Net Margin 10.16% +65.5%
ROE 67.17% -21.8%
ROIC 8.95% +0.2%
Debt/Equity 5.73 -48.6%
Interest Coverage 2.16 +0.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

✗High debt to equity ratio of 5.7x
✗Weak momentum: RS Rating 15 (bottom 15%)

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.5%

5Y-1.47%

3Y26.39%

TTM9.7%

Profit (Net Income) CAGR

10Y4.86%

5Y10.1%

3Y-

TTM-35.69%

EPS CAGR

10Y2.18%

5Y4.79%

3Y-

TTM-32.9%

ROCE

10Y Avg4.54%

5Y Avg-0.86%

3Y Avg5.35%

Latest9.11%

Peer Comparison

Live Music & Concert Promoters

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MSGEMadison Square Garden Entertainment Corp.	2.4B	59.42	77.17	-1.72%	3.65%		3.88%
IMAXIMAX Corporation	1.95B	36.30	75.63	-6.04%	10.48%	9.06%	1.52%	0.74
LYVLive Nation Entertainment, Inc.	33.84B	145.73	53.19	1.89%	3.66%	45.37%	3.1%	4.25
CNKCinemark Holdings, Inc.	2.87B	24.46	11.87	-0.56%	4.91%	39.45%	10.97%	5.73
RDIReading International, Inc.	23.56M	1.12	-0.71	-5.48%	-8.23%	-250.31%
AMCAMC Entertainment Holdings, Inc.	820.71M	1.60	-1.51	-3.64%	-13.16%
RDIBReading International, Inc.	19.29M	11.48	-7.27	-5.48%	-6.54%	-250.31%
SPHRSphere Entertainment Co.	2.74B	96.44	-16.98		-14.68%	-6.97%		0.63

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.85B	2.92B	2.99B	3.22B	3.28B	686.3M	1.51B	2.45B	3.07B	3.05B
Revenue Growth %	0.09%	0.02%	0.02%	0.08%	0.02%	-0.79%	1.2%	0.63%	0.25%	-0.01%
Cost of Goods Sold+	1.12B	1.12B	1.13B	1.18B	1.21B	235.4M	512.9M	873.7M	2.5B	1.08B
COGS % of Revenue	0.39%	0.38%	0.38%	0.37%	0.37%	0.34%	0.34%	0.36%	0.81%	0.36%
Gross Profit+	1.73B	1.8B	1.86B	2.04B	2.07B	450.9M	997.6M	1.58B	570.6M	1.96B
Gross Margin %	0.61%	0.62%	0.62%	0.63%	0.63%	0.66%	0.66%	0.64%	0.19%	0.64%
Gross Profit Growth %	0.07%	0.04%	0.03%	0.1%	0.02%	-0.78%	1.21%	0.58%	-0.64%	2.44%
Operating Expenses+	1.29B	1.36B	1.43B	1.58B	1.73B	1.21B	1.25B	1.67B	198.8M	1.61B
OpEx % of Revenue	0.45%	0.46%	0.48%	0.49%	0.53%	1.76%	0.83%	0.68%	0.06%	0.53%
Selling, General & Admin	1.1B	1.15B	1.19B	1.32B	1.4B	552.4M	674M	858.6M	198.8M	945.2M
SG&A % of Revenue	0.39%	0.39%	0.4%	0.41%	0.43%	0.8%	0.45%	0.35%	0.06%	0.31%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	36.83M	209.07M	237.51M	261.16M	330.16M	653.5M	576.1M	812.2M	0	660M
Operating Income+	423.15M	422.94M	392.28M	388.35M	338.39M	-755M	-252.5M	-89.8M	371.8M	359.3M
Operating Margin %	0.15%	0.14%	0.13%	0.12%	0.1%	-1.1%	-0.17%	-0.04%	0.12%	0.12%
Operating Income Growth %	0.17%	-0%	-0.07%	-0.01%	-0.13%	-3.23%	0.67%	0.64%	5.14%	-0.03%
EBITDA+	612.36M	632.01M	629.79M	649.51M	599.54M	-495.2M	12.9M	148.4M	581.3M	556.8M
EBITDA Margin %	0.21%	0.22%	0.21%	0.2%	0.18%	-0.72%	0.01%	0.06%	0.19%	0.18%
EBITDA Growth %	0.14%	0.03%	-0%	0.03%	-0.08%	-1.83%	1.03%	10.5%	2.92%	-0.04%
D&A (Non-Cash Add-back)	189.21M	209.07M	237.51M	261.16M	261.15M	259.8M	265.4M	238.2M	209.5M	197.5M
EBIT	460.41M	468.96M	451.3M	440.45M	402.32M	-773.8M	-265.7M	-86.5M	394.4M	418.8M
Net Interest Income+	-104.03M	-101.92M	-99.67M	-119.1M	-115.98M	-148.7M	-166.9M	-158.1M	-118M	-112.8M
Interest Income	8.71M	6.4M	6.25M	10.61M	12.59M	4.84M	6.4M	20.4M	55M	53.2M
Interest Expense	112.74M	108.31M	105.92M	129.72M	128.56M	153.47M	173.31M	178.5M	173M	166M
Other Income/Expense	-75.48M	-62.29M	-46.91M	-77.62M	-64.63M	-172.3M	-186.5M	-175.2M	-150.4M	-106.5M
Pretax Income+	347.67M	360.65M	345.38M	310.73M	273.76M	-927.3M	-439M	-265M	221.4M	252.8M
Pretax Margin %	0.12%	0.12%	0.12%	0.1%	0.08%	-1.35%	-0.29%	-0.11%	0.07%	0.08%
Income Tax+	128.94M	103.82M	79.36M	95.43M	79.91M	-309.4M	-16.8M	3M	29.9M	-60.1M
Effective Tax Rate %	0.62%	0.71%	0.76%	0.69%	0.7%	0.67%	0.96%	1.02%	0.85%	1.23%
Net Income+	216.87M	255.09M	264.18M	213.83M	191.39M	-616.8M	-422.8M	-271.2M	188.2M	309.7M
Net Margin %	0.08%	0.09%	0.09%	0.07%	0.06%	-0.9%	-0.28%	-0.11%	0.06%	0.1%
Net Income Growth %	0.13%	0.18%	0.04%	-0.19%	-0.1%	-4.22%	0.31%	0.36%	1.69%	0.65%
Net Income (Continuing)	218.73M	256.83M	266.02M	215.31M	193.85M	-617.9M	-422.2M	-268M	191.5M	312.9M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	11.11M	11.14M	11.89M	12.38M	12.51M	11M	11.6M	9.3M	9M	9M
EPS (Diluted)+	1.87	2.19	2.26	1.83	1.63	-5.30	-3.60	-2.27	1.34	2.06
EPS Growth %	0.13%	0.17%	0.03%	-0.19%	-0.11%	-4.25%	0.32%	0.37%	1.59%	0.54%
EPS (Basic)	1.87	2.19	2.26	1.84	1.64	-5.30	-3.60	-2.27	1.71	2.54
Diluted Shares Outstanding	115.4M	115.78M	116.06M	116.85M	116.61M	116.67M	117.25M	118.2M	152M	154.9M
Basic Shares Outstanding	115.08M	115.51M	115.77M	116.05M	116.31M	116.67M	117.25M	118.2M	119.1M	119.9M
Dividend Payout Ratio	0.53%	0.49%	0.51%	0.7%	0.83%	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	715.15M	676.32M	522.55M	559.03M	634.99M	892.75M	874.4M	863.6M	1.06B	1.3B
Cash & Short-Term Investments	588.54M	561.24M	522.55M	426.22M	488.31M	655.34M	707.3M	674.5M	849.1M	1.06B
Cash Only	588.54M	561.24M	522.55M	426.22M	488.31M	655.34M	707.3M	674.5M	849.1M	1.06B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	97.16M	82.36M	100.98M	98.37M	87.8M	190.42M	115.4M	114.7M	137.1M	161.3M
Days Sales Outstanding	12.43	10.3	12.32	11.14	9.76	101.27	27.89	17.06	16.32	19.31
Inventory	15.95M	16.96M	17.51M	19.32M	21.69M	12.59M	15.5M	23.7M	23.3M	31M
Days Inventory Outstanding	5.2	5.54	5.64	5.97	6.54	19.53	11.03	9.9	3.41	10.43
Other Current Assets	13.49M	15.76M	16.54M	15.12M	0	34.4M	-9K	50.7M	50.5M	48.7M
Total Non-Current Assets+	3.41B	3.63B	1.83B	3.92B	5.19B	4.67B	4.36B	3.95B	3.78B	3.77B
Property, Plant & Equipment	1.51B	1.7B	1.83B	1.83B	3.12B	2.89B	2.61B	2.33B	2.15B	2.08B
Fixed Asset Turnover	1.90x	1.71x	1.64x	1.76x	1.05x	0.24x	0.58x	1.05x	1.43x	1.47x
Goodwill	1.25B	1.26B	1.28B	1.28B	1.28B	1.25B	1.25B	1.25B	1.25B	1.24B
Intangible Assets	339.64M	334.9M	336.76M	330.91M	321.77M	314.19M	310.8M	304.6M	302.8M	300.5M
Long-Term Investments	278.73M	288.31M	320.6M	432.36M	421.08M	175.69M	160.6M	32.2M	41.7M	26.2M
Other Non-Current Assets	38.24M	37.55M	-1.95B	41.05M	39.11M	33.2M	22.3M	31.6M	25.5M	57.4M
Total Assets+	4.13B	4.31B	4.48B	4.48B	5.83B	5.56B	5.23B	4.82B	4.84B	5.07B
Asset Turnover	0.69x	0.68x	0.67x	0.72x	0.56x	0.12x	0.29x	0.51x	0.63x	0.60x
Asset Growth %	-0.01%	0.04%	0.04%	-0%	0.3%	-0.05%	-0.06%	-0.08%	0%	0.05%
Total Current Liabilities+	439.79M	443.23M	468.91M	474.69M	708.8M	606.44M	769.1M	708.5M	730.3M	1.28B
Accounts Payable	108.84M	110.17M	109.98M	104.64M	91.61M	70.65M	76M	72.2M	53.3M	86.1M
Days Payables Outstanding	35.44	36	35.44	32.35	27.63	109.54	54.08	30.16	7.79	28.96
Short-Term Debt	27.18M	26.81M	32.61M	35.05M	6.59M	18.06M	24.3M	10.7M	7.8M	464.3M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Current Liabilities	231.84M	230.33M	244.95M	249.26M	140.67M	109.9M	138.6M	135.9M	165.6M	498.2M
Current Ratio	1.63x	1.53x	1.11x	1.18x	0.90x	1.47x	1.14x	1.22x	1.45x	1.01x
Quick Ratio	1.59x	1.49x	1.08x	1.14x	0.87x	1.45x	1.12x	1.19x	1.42x	0.99x
Cash Conversion Cycle	-17.82	-20.16	-17.48	-15.23	-11.33	11.26	-15.17	-3.21	11.93	0.77
Total Non-Current Liabilities+	2.58B	2.59B	1.79B	2.55B	3.67B	4.16B	4.13B	3.99B	3.79B	3.18B
Long-Term Debt	1.98B	2.02B	1.78B	2.01B	1.77B	2.38B	2.48B	2.47B	2.39B	1.87B
Capital Lease Obligations	208.95M	234.28M	251.15M	232.47M	1.36B	1.26B	1.18B	1.06B	927.1M	893.9M
Deferred Tax Liabilities	139.91M	135.01M	121.79M	155.63M	141.84M	79.53M	39.8M	33.7M	51.7M	3.2M
Other Non-Current Liabilities	245.15M	-139.5M	91.27M	361.02M	44.88M	93.82M	84M	85.2M	89.2M	95.9M
Total Liabilities	3.02B	3.03B	3.07B	4.48B	4.38B	4.76B	4.9B	4.7B	4.52B	4.46B
Total Debt+	2.01B	2.04B	1.79B	2.04B	3.38B	3.93B	3.95B	3.78B	3.55B	3.46B
Net Debt	1.42B	1.48B	1.26B	1.61B	2.89B	3.28B	3.24B	3.1B	2.7B	2.4B
Debt / Equity	1.81x	1.61x	1.26x	1.39x	2.33x	4.92x	11.79x	31.61x	11.14x	5.73x
Debt / EBITDA	3.28x	3.23x	2.84x	3.14x	5.63x	-	305.82x	25.45x	6.11x	6.21x
Net Debt / EBITDA	2.32x	2.35x	2.01x	2.48x	4.82x	-	250.99x	20.91x	4.65x	4.31x
Interest Coverage	3.75x	3.90x	3.70x	2.99x	2.63x	-4.92x	-1.46x	-0.50x	2.15x	2.16x
Total Equity+	1.11B	1.27B	1.42B	1.47B	1.45B	798.97M	334.5M	119.5M	318.8M	603.4M
Equity Growth %	-0.01%	0.15%	0.11%	0.04%	-0.01%	-0.45%	-0.58%	-0.64%	1.67%	0.89%
Book Value per Share	9.63	10.99	12.21	12.57	12.42	6.85	2.85	1.01	2.10	3.90
Total Shareholders' Equity	1.1B	1.26B	1.41B	1.46B	1.44B	787.97M	322.9M	110.2M	309.8M	594.4M
Common Stock	120K	121K	121K	121K	122K	124K	100K	100K	100K	100K
Retained Earnings	324.63M	453.68M	582.22M	686.46M	687.33M	27.94M	-389.4M	-660.6M	-472.4M	-162.7M
Treasury Stock	-66.58M	-73.41M	-76.35M	-79.26M	-81.57M	-87M	-91.1M	-95.4M	-98.3M	-103.2M
Accumulated OCI	-271.69M	-247.01M	-253.28M	-319.01M	-340.11M	-398.65M	-394.5M	-353.2M	-363.9M	-416.7M
Minority Interest	11.11M	11.14M	11.89M	12.38M	12.51M	11M	11.6M	9.3M	9M	9M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	455.87M	451.83M	528.48M	556.91M	562M	-330.1M	166.2M	136M	444.3M	466M
Operating CF Margin %	0.16%	0.15%	0.18%	0.17%	0.17%	-0.48%	0.11%	0.06%	0.14%	0.15%
Operating CF Growth %	0%	-0.01%	0.17%	0.05%	0.01%	-1.59%	1.5%	-0.18%	2.27%	0.05%
Net Income	218.73M	256.83M	266.02M	215.31M	193.85M	-617.9M	-422.2M	-268M	191.5M	312.9M
Depreciation & Amortization	189.21M	209.07M	237.51M	261.16M	261.15M	259.8M	265.4M	238.2M	209.5M	197.5M
Stock-Based Compensation	15.76M	13.39M	12.68M	14.34M	14.62M	19.4M	29.3M	21.5M	25M	33.5M
Deferred Taxes	11.1M	-5.47M	-15.02M	23.19M	-1.84M	-38.9M	-22.6M	-9.3M	10.6M	-110.8M
Other Non-Cash Items	-3.61M	5.21M	17.32M	48.89M	67.79M	205.6M	63.5M	178.8M	-14.6M	-31.9M
Working Capital Changes	24.7M	-27.21M	9.95M	-5.97M	26.43M	-158.1M	252.8M	-25.2M	22.3M	64.8M
Change in Receivables	-26.37M	-706K	-13.2M	-4.58M	11.33M	-102.6M	74.9M	300K	-23.6M	-23.2M
Change in Inventory	-2.54M	-1.01M	-541K	-1.81M	-2.37M	9.1M	-2.9M	-8.2M	300K	-7.7M
Change in Payables	43.83M	-30.52M	23.41M	-11.41M	36.11M	-97.2M	175.5M	-25.1M	45.4M	89.3M
Cash from Investing+	-328.12M	-327.77M	-410.48M	-451.37M	-310.64M	-83.4M	-89.3M	-96.3M	-131.8M	-146.9M
Capital Expenditures	-331.73M	-326.91M	-380.86M	-346.07M	-303.63M	-83.9M	-95.5M	-110.7M	-149.5M	-150.8M
CapEx % of Revenue	0.12%	0.11%	0.13%	0.11%	0.09%	0.12%	0.06%	0.05%	0.05%	0.05%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	9.97M	3.57M	15.1M	3.92M	3.15M	600K	6.2M	14.4M	2.9M	3.3M
Cash from Financing+	-151.15M	-152.63M	-157.49M	-192.65M	-186.51M	584.4M	-19.9M	-52.2M	-125.4M	-103.1M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-115.86M	-125.49M	-135.08M	-149.49M	-159.28M	-42.3M	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-10.35M	-17.81M	-4.07M	-9.82M	-4.64M	-78.1M	-19.3M	-5.5M	-13.5M	-20.2M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	124.14M	124.93M	147.62M	210.84M	258.37M	-414M	70.7M	25.3M	294.8M	315.2M
FCF Margin %	0.04%	0.04%	0.05%	0.07%	0.08%	-0.6%	0.05%	0.01%	0.1%	0.1%
FCF Growth %	-0.41%	0.01%	0.18%	0.43%	0.23%	-2.6%	1.17%	-0.64%	10.65%	0.07%
FCF per Share	1.08	1.08	1.27	1.80	2.22	-3.55	0.60	0.21	1.94	2.03
FCF Conversion (FCF/Net Income)	2.10x	1.77x	2.00x	2.60x	2.94x	0.54x	-0.39x	-0.50x	2.36x	1.50x
Interest Paid	105.16M	108.1M	99.23M	98.41M	93.91M	205.8M	108.2M	140.7M	151.3M	141.8M
Taxes Paid	108.44M	93.37M	95.04M	64.2M	88.67M	0	0	4.6M	22.3M	4.6M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	19.42%	21.4%	19.64%	14.82%	13.12%	-54.89%	-74.6%	-119.47%	85.88%	67.17%
Return on Invested Capital (ROIC)	12.55%	12%	10.82%	10.1%	6.84%	-13.47%	-4.95%	-1.98%	8.93%	8.95%
Gross Margin	60.71%	61.73%	62.13%	63.35%	63.14%	65.7%	66.04%	64.41%	18.61%	64.42%
Net Margin	7.6%	8.74%	8.83%	6.64%	5.83%	-89.87%	-27.99%	-11.05%	6.14%	10.16%
Debt / Equity	1.81x	1.61x	1.26x	1.39x	2.33x	4.92x	11.79x	31.61x	11.14x	5.73x
Interest Coverage	3.75x	3.90x	3.70x	2.99x	2.63x	-4.92x	-1.46x	-0.50x	2.15x	2.16x
FCF Conversion	2.10x	1.77x	2.00x	2.60x	2.94x	0.54x	-0.39x	-0.50x	2.36x	1.50x
Revenue Growth	8.59%	2.32%	2.49%	7.69%	1.9%	-79.1%	120.09%	62.51%	24.93%	-0.56%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Admissions Revenue	-	-	-	1.83B	1.81B	356.51M	780.04M	1.25B	1.56B	1.52B
Admissions Revenue Growth	-	-	-	-	-1.57%	-80.25%	118.80%	59.85%	24.76%	-2.13%
Concessions	-	-	-	-	-	-	-	938.3M	1.19B	1.2B
Concessions Growth	-	-	-	-	-	-	-	-	27.04%	0.49%
Other Revenues	-	-	-	-	316.69M	98.76M	168.77M	269.5M	319.1M	329.2M
Other Revenues Growth	-	-	-	-	-	-68.82%	70.90%	59.68%	18.40%	3.17%
Screen Advertising Rental Revenue	-	-	-	-	4.83M	4.83M	-	-	-	-
Screen Advertising Rental Revenue Growth	-	-	-	-	-	0.00%	-	-	-	-
Us Operating	2.14B	2.23B	2.24B	-	-	-	-	-	-	-
Us Operating Growth	-	4.35%	0.25%	-	-	-	-	-	-	-
International Operating	728.74M	701.57M	769.44M	-	-	-	-	-	-	-
International Operating Growth	-	-3.73%	9.67%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	2.14B	2.23B	2.24B	2.55B	2.59B	559.18M	1.3B	1.98B	2.43B	2.45B
UNITED STATES Growth	-	4.35%	0.25%	14.11%	1.67%	-78.45%	131.83%	52.58%	22.76%	0.82%
Other International Countries	436.78M	397.17M	427.95M	399.77M	400.12M	70.08M	143.37M	305.5M	418M	368.9M
Other International Countries Growth	-	-9.07%	7.75%	-6.59%	0.09%	-82.49%	104.59%	113.08%	36.82%	-11.75%
BRAZIL	291.96M	304.41M	341.49M	283.01M	302.07M	59.32M	73.47M	179M	233.4M	243.8M
BRAZIL Growth	-	4.26%	12.18%	-17.12%	6.74%	-80.36%	23.85%	143.64%	30.39%	4.46%

Frequently Asked Questions

Valuation & Price

Cinemark Holdings, Inc. (CNK) has a price-to-earnings (P/E) ratio of 11.9x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Cinemark Holdings, Inc. (CNK) reported $3.15B in revenue for fiscal year 2024. This represents a 38% increase from $2.28B in 2011.

Cinemark Holdings, Inc. (CNK) saw revenue decline by 0.6% over the past year.

Yes, Cinemark Holdings, Inc. (CNK) is profitable, generating $154.8M in net income for fiscal year 2024 (10.2% net margin).

Dividend & Returns

Cinemark Holdings, Inc. (CNK) has a return on equity (ROE) of 67.2%. This is excellent, indicating efficient use of shareholder capital.

Cinemark Holdings, Inc. (CNK) generated $278.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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