Cinemark’s Total Number of Theatres (2016-2022)

This statistic highlight Cinemark’s Total Number of Theatres, reported on a quarterly basis from Q1 2016 onwards.

Cinemark’s Total Number of theatres

Given below is a table representing the number of theatres of Cinemark in some of its recent quarters:

CInemark’s number of theatres declined from 533 in Q3 2020 to 524 in Q3 2021, marking a percentage decrease of 1.7%. However, the number of theatres from Q2 2021 increased slightly in Q3 2021, from 521 to 524, marking a percentage increase of 0.6%.

The following table sets forth a summary of their leased and owned theatres in the U.S. and international markets as on December 31, 2020:

The corporation conducts a crucial part of its theatre operations in leased properties under noncancelable operating and finance leases with base terms generally ranging from 10 to 25 years. In inclusion to fixed lease payments, some of the leases yield for variable lease payments and some require the payment of taxes, insurance and other costs applicable to the property. The corporation can resume, at its choice, a considerable portion of the leases at defined or then market rental rates for various periods. Some leases further contribute for escalating rent payments throughout the lease term. 

Theatre Operations

As of December 31, 2020, they operated 531 theatres and 5,958 screens in 42 U.S. states and 15 Latin American countries.

They opened their first theatre in the U.S. in 1984. Their domestic circuit has expanded primarily due to organic growth and two significant acquisitions. They currently have theatres in 105 designated market areas or DMAs. The following table summarizes the geographic locations of their U.S. theatre circuit as on December 31, 2020.

About the company

Cinemark Holdings, Inc. is a company in the motion picture exhibition industry, with theatres in the United States, Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay.
They are geographically diverse operators in the motion picture exhibition industry. As of December 31, 2020, they operated 531 theatres and 5,958 screens in the U.S. and Latin America. Their U.S. circuit had 331 theatres and 4,507 screens in 42 states and their international circuit had 200 theatres and 1,451 screens in 15 countries. Their significant and diverse presence in the U.S. and Latin America has made them an important distribution channel for movie studios and other content providers.

Did you like Cinemark’s Total Number of Theatres statistic?

Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.

You can get started here.