At a glance
Revenue grew 2.1% to $3.12B in fiscal 2025, with 4.4% kept as profit; over 5 years it has grown 35.3% a year. It pays a 0.92% dividend yield. The stock returned +48.2% over the past year with dividends reinvested and +15.3% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 79.5% in the 2020 crash (S&P 500: 33.7%) and 47.8% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 56 months and 12 months after the lows.
The business in plain English
Cinemark Holdings runs movie theaters in the United States and Latin America. As of December 31, 2025, it operated 496 theaters with 5,637 screens in 14 countries. Its U.S. circuit had 303 theaters and 4,241 screens across 42 states. Its Latin American circuit had 193 theaters and 1,396 screens in 13 countries. Cinemark is the largest theater operator in Brazil and Argentina. It ranked first or second by box office in 21 of its top 25 U.S. markets in 2025.
Moviegoers are its main customers, and most of its money comes from two sources: tickets and concessions (food and drink). Of $3.1 billion in 2025 revenue, admissions brought in 49.6% and concessions 39.4%. Concessions range from popcorn to pizza, burgers, beer and cocktails. Screen advertising, screen rental and promotions added 4.9%, and other revenue added 6.1%. Studios supply the films in return for film rental, which is a share of ticket sales.
Cinemark reports two segments. U.S. markets produced $2.5 billion, or 80.3% of 2025 revenue. International markets produced $613 million, or 19.7%. To draw crowds, Cinemark invests in premium formats. It has 301 XD auditoriums, its own brand of extra-large premium screens and the world's largest exhibitor-branded premium large-format chain. It also has 16 IMAX and 12 ScreenX auditoriums, motion seats in 548 auditoriums, and heated recliners in 69% of its U.S. circuit.
Price history
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CNK +48.2% over the year to Oct 28, 2026, total return with dividends reinvested.
How it makes money
By product or service
| Admission | $1.54B | 49.6% |
| Concessions | $1.23B | 39.4% |
| Other Revenue | $190.9M | 6.1% |
| Screen Advertising Screen Rental And Promotional Revenues | $152.2M | 4.9% |
By business segment
| Us Operating Segment | $2.50B | 80.3% |
| International Operating Segment | $612.8M | 19.7% |
Latest results
- In Q2 FY2026 (ended Jun 30, 2026), revenue was $1.09B, up 15.5% from a year earlier, and net income was $139.4M (+49.1%).
- For fiscal 2025, revenue was $3.12B (+2.1% year over year; +35.3% a year from FY2020 to FY2025) with a 4.4% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | +35.3% good |
|---|---|
| Net cash (cash minus debt) | $-1.86B weak |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $686.3M | $-616.8M | $-414.0M |
| FY2021 | $1.51B | $-422.8M | $70.7M |
| FY2022 | $2.45B | $-271.2M | — |
| FY2023 | $3.07B | $188.2M | — |
| FY2024 | $3.05B | $309.7M | — |
| FY2025 | $3.12B | $138.2M | — |
Valuation snapshot
| Market value | — |
|---|---|
| P/E ratio | 37.5 |
| Dividend yield | 0.92% |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| CNK price data to Oct 28, 2026 | +69.4% | +48.2% | +37.0% | +15.3% | +1.5% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +69.4% |
| 2025 | -24.1% |
| 2024 | +119.9% |
| 2023 | +62.7% |
| 2022 | -46.3% |
| 2021 | -7.4% |
| 2020 | -47.8% |
| 2019 | -1.9% |
| 2018 | +6.4% |
| 2017 | -6.4% |
| 2016 | +18.2% |
| 2015 | -3.5% |
| 2014 | +10.0% |
| 2013 | +32.3% |
| 2012 | +45.7% |
| 2011 | +11.9% |
| 2010 | +25.6% |
| 2009 | +108.4% |
| 2008 | -53.5% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 60.9% over that stretch · deepest drop along the way 62%, back to its old high 14.6 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 61.1% over that stretch · deepest drop along the way 79.5%, back to its old high 55.8 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 40.2% over that stretch · deepest drop along the way 47.8%, back to its old high 11.8 months after the low |
Insider activity
Form 4 filings from 2025-10-29 to 2026-10-29 (25 read): 0 open-market purchases and 0 sales ($0.00).
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 13.2% | Mar 31, 2025 |
| Orbis Investment Management Limited | 13% | Dec 31, 2025 |
| ORBIS INVESTMENT MANAGEMENT LTD | 9.2% | Dec 31, 2024 |
| Lee Roy Mitchell | 8.8% | Jun 30, 2025 |
| Wellington Management Group LLP | 6.7% | Jun 30, 2026 |
| Barclays PLC | 5.98% | Mar 31, 2025 |
| Vanguard Portfolio Management | 5.34% | Mar 31, 2026 |
| Third Point LLC | 3.1% | Dec 31, 2024 |
ETFs with the most weight in CNK
| PSCU Invesco S&P SmallCap Utilities & Communication Services ETF | 4.32% |
| GLRY Inspire Momentum ETF | 3.26% |
| RZG Invesco S&P SmallCap 600® Pure Growth ETF | 1.4% |
| EVNT AltShares Event-Driven ETF | 1.02% |
| FSCC Federated Hermes MDT Small Cap Core ETF | 1.01% |
| PSC Principal U.S. Small-Cap ETF | 0.61% |
| TXSS Texas Capital Texas Small Cap Equity Index ETF | 0.47% |
| SLYG SPDR S&P 600 Small Cap Growth ETF | 0.47% |
What could go wrong
- Thin film slate or weak box office. Cinemark needs a steady flow of wide-release films. Its 2025 annual report said release volume had not returned to historical levels. It also flagged Hollywood union contracts expiring in 2026. Strikes in 2023 delayed films.
- Shorter theater-only release windows. The 'window' is how long a film plays only in theaters before it reaches streaming or digital rental. Some studios have meaningfully shortened it, so more people may wait to watch at home.
- Fewer titles and tougher studio terms. Studios may send some films straight to streaming or release them only in select premium formats. That leaves fewer titles Cinemark can show. Studio consolidation could also give distributors more bargaining power.
- Latin American economic and currency swings. International markets, which are Cinemark's Latin American theaters, produced 19.7% of 2025 revenue. Political or economic instability, tougher regulation and weaker local currencies can shrink results once converted into U.S. dollars.
- Heavy lease and debt commitments. Cinemark has large long-term lease and debt obligations. These can limit how it funds operations and what deals it can make. A credit-rating downgrade could raise its borrowing costs.
- Pandemics and other events that cut attendance. Health emergencies, natural disasters and other events outside its control can cut attendance, and insurance does not cover every loss. In the 2020 COVID crash, the stock fell about 80%.
Recent events
- Executive or board change; Other company announcement
- Quarterly results released; Investor presentation or announcement
- Shareholder vote results; Other company announcement
- Major agreement signed
- Quarterly results released; Investor presentation or announcement
- Quarterly results released; Investor presentation or announcement
- Quarterly results released
- Quarterly results released; Investor presentation or announcement; Other company announcement
For income and retirement investors
Cinemark pays a small dividend and has no streak of yearly increases. It paid $0.36 per share in 2020, nothing in 2021, and $0.33 per share for 2025. Diluted earnings of $1.04 per share covered the 2025 dividend well. The dividend yield (yearly dividends as a share of the stock price) was 0.92% as of October 28, 2026. The annual report warns that dividends may be limited or restricted. For income investors, that means modest income that has already been interrupted once.
The shares have fallen hard in downturns. They lost about 62% in the 2008 financial crisis and recovered about 15 months after the low. They lost about 80% in the 2020 COVID crash and did not recover until November 2024. They lost about 48% in the 2022 bear market and recovered in about 12 months. As a single stock, Cinemark carries more risk than a diversified fund spread across many companies.
Questions investors ask
How does Cinemark make money?
Mainly from movie tickets and concessions. In 2025, admissions made up 49.6% of Cinemark's $3.1 billion in revenue. Concessions such as popcorn, drinks and in-theater dining made up 39.4%. Screen advertising, screen rental and promotions added 4.9%, and other revenue added 6.1%. Premium formats are meant to draw bigger audiences and raise spending per visit. They include its 301 XD large-format auditoriums, recliners and motion seats.
Does Cinemark pay a dividend?
Yes, but it is small and has no streak of yearly increases. Dividends totaled $0.33 per share for 2025, and the yield was 0.92% as of October 28, 2026. Cinemark paid $0.36 per share in 2020 and nothing in 2021. Diluted earnings of $1.04 per share covered the 2025 dividend well. Even so, the company warns that its ability to pay dividends may be limited or restricted.
How many movie theaters does Cinemark have?
As of December 31, 2025, Cinemark operated 496 theaters with 5,637 screens in 14 countries. Its U.S. circuit had 303 theaters and 4,241 screens across 42 states. Its Latin American circuit had 193 theaters and 1,396 screens in 13 countries. Cinemark is the largest theater operator in Brazil and Argentina. Even so, U.S. markets supplied 80.3% of 2025 revenue.
What is Cinemark's P/E ratio?
Cinemark's price-to-earnings (P/E) ratio was 37.5 as of October 28, 2026, based on 2025 earnings. The P/E compares the share price with a year of profit per share. The figure partly reflects a weak 2025: net income fell 55.4% to $138.2 million, or $1.04 per diluted share. In the quarter ended June 30, 2026, revenue rose 15.5% and net income rose 49.1% from a year earlier.
Has Cinemark stock recovered from the COVID crash?
Yes, but it took years. The shares fell about 80% from February 20 to March 18, 2020. They did not regain their pre-crash peak until November 11, 2024, about 56 months after the low. The share price rose 48.2% over the year to October 28, 2026. Over the 10 years to that date, though, the price gained only 1.5% a year on average.