Imax (IMAX) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Imax

NYSE•Communication Services•Entertainment

$52.07-0.70(-0.01%)Pre-market

Market Cap

$2.90B

P/E

70.9x

P/S

7.0x

P/B

6.4x

IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events in the United States, Canada, Greater China, rest of Asia, Western Europe, Latin America, and internationally. It operates through Content Solutions; and Technology Products and Services segments. The company offers IMAX film remastering, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced, which provides end-to-end technology across streaming content and entertainment devices at home; AI-driven video quality solutions for media and entertainment companies; and streaming technology software products. It also provides preventative and emergency maintenance services, and quality monitoring to the IMAX network; film post-production services; and IMAX film and digital cameras for content creators. In addition, the company engages in the distribution of format documentary films to institutional theaters, as well as live performances and interactive events with artists and creators; after-market sales of IMAX System parts and 3D glasses; sale or lease of IMAX theater systems; provision of management services to theaters; and rental of company's proprietary 2D and 3D large-format film cameras. The company markets its theater systems through a direct sales force and marketing staff to science and natural history museums, zoos, aquariums, and other educational and cultural centers, as well as theme parks, private home theaters, tourist destination sites, fairs, and expositions. It offers its services under the IMAX, IMAX 3D, Experience It In IMAX, The IMAX Experience, DMR, Filmed For IMAX, IMAX Live, IMAX Enhanced, and IMAX StreamSmart. IMAX Corporation was founded in 1967 and is headquartered in Mississauga, Canada.

How this company scores

ExcellentMetricSide Score: 86/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (19/25).

Profitability21/25

Growth21/25

Balance Sheet & Red Flags19/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsRising earningsInterest easily covered

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 70.9x5y range 31.8x – 70.9x

Currently above its 12-quarter median.

P/S · 7.0x5y range 0.0x – 7.0x

Currently above its 20-quarter median.

P/B · 6.4x5y range 0.0x – 6.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Share Dilution

Watch

Shares outstanding rose 4.3% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume

Market Cap $2.90B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $416.08M
Q. Revenue: $102.84M
TTM EBITDA: $146.42M
TTM Op. Income: $83.87M
Q. Op. Income: $20.77M
TTM Net Income: $40.92M
Q. Net Income: $15.40M
EPS: $0.28
Shares Out.: $54.95M

$416.08M in TTM revenue grew 14.8% YoY, reaching $102.84M last quarter. TTM EBITDA of $146.42M and TTM operating income of $83.87M show growth is flowing through to the bottom line. TTM net income of $40.92M means revenue is converting into profit. Over the past year, TTM revenue is up 15% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 61.2%
EBITDA Margin: 35.4%
Op. Margin: 20.2%
Net Margin: 15.0%

Op. margin of 20.2% is up 4.6% YoY — cost efficiency is improving. Net margin at 15.0% and gross margin of 61.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 29% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 70.9x
P/S Ratio: 7.0x
P/B Ratio: 6.4x

At 70.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 7.0x and P/B of 6.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 55% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $917.90M
Cash: $159.92M
Long-Term Debt: $243.80M
Book Value: $449.72M
D/E Ratio: 0.5
Debt/EBITDA: 6.7

With $917.90M in assets and $243.80M in long-term debt, D/E is 0.5and book value is $449.72M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $31.98M
TTM Free Cash Flow: $126.59M
FCF Margin: 30.4%
FCF / Net Income: 3.1

TTM FCF of $126.59M on $31.98M in operating cash flow. The FCF / Net Income ratio of 3.1x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 88% — an improving trend.