8-K Announcements
6Mar 9, 2026·SEC
Mar 6, 2026·SEC
Feb 26, 2026·SEC
Atlanta Braves Holdings, Inc. (BATRK) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Atlanta Braves Holdings, Inc. (BATRK) stock price & volume — 10-year historical chart
Atlanta Braves Holdings, Inc. (BATRK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Atlanta Braves Holdings, Inc. (BATRK) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.28vs $0.66+57.6% | $61Mvs $53M+16.4% |
| Q4 2025 | Nov 5, 2025 | $0.47vs $0.24+95.8% | $1.1Bvs $55M+1875.1% |
| Q3 2025 | Aug 7, 2025 | $0.46vs $0.64-28.1% | $312Mvs $304M+2.7% |
| Q2 2025 | May 12, 2025 | $0.66vs $0.94+29.8% | $47Mvs $37M+28.1% |
Atlanta Braves Holdings, Inc. (BATRK) competitors in Live Events and Sports Operators — business model, growth, and fundamentals comparison
Atlanta Braves Holdings, Inc. (BATRK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Atlanta Braves Holdings, Inc. (BATRK) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 386M | 442M | 476M | 178M | 563.72M | 588.56M | 640.67M | 662.75M | 732.49M |
| Revenue Growth % | 47.33% | 14.51% | 7.69% | -62.6% | 216.69% | 4.41% | 8.85% | 3.45% | 10.52% |
| Cost of Goods Sold | 0 | 0 | 0 | 0 | 376.35M | 436.51M | 491.23M | 513.91M | 586.98M |
| COGS % of Revenue | - | - | - | - | 66.76% | 74.17% | 76.67% | 77.54% | 80.14% |
| Gross Profit | 386M▲ 0% | 442M▲ 14.5% | 476M▲ 7.7% | 178M▼ 62.6% | 187.37M▲ 5.3% | 152.06M▼ 18.8% | 149.44M▼ 1.7% | 148.84M▼ 0.4% | 145.51M▼ 2.2% |
| Gross Margin % | 100% | 100% | 100% | 100% | 33.24% | 25.84% | 23.33% | 22.46% | 19.86% |
| Gross Profit Growth % | 47.33% | 14.51% | 7.69% | -62.6% | 5.26% | -18.85% | -1.72% | -0.4% | -2.24% |
| Operating Expenses | 499M | 441M | 515M | 306M | 168.13M | 182.64M | 195.88M | 188.5M | 128.9M |
| OpEx % of Revenue | 129.27% | 99.77% | 108.19% | 171.91% | 29.82% | 31.03% | 30.57% | 28.44% | 17.6% |
| Selling, General & Admin | 151M | 118M | 0 | 0 | 0 | 0 | 0 | 0 | 128.9M |
| SG&A % of Revenue | 39.12% | 26.7% | - | - | - | - | - | - | 17.6% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -12M | 11M | 515M | 306M | 168.13M | 182.64M | 195.88M | 188.5M | 0 |
| Operating Income | -113M▲ 0% | 1M▲ 100.9% | -39M▼ 4000.0% | -128M▼ 228.2% | 19.24M▲ 115.0% | -30.58M▼ 258.9% | -46.44M▼ 51.9% | -39.66M▲ 14.6% | 16.6M▲ 141.9% |
| Operating Margin % | -29.27% | 0.23% | -8.19% | -71.91% | 3.41% | -5.2% | -7.25% | -5.98% | 2.27% |
| Operating Income Growth % | -85.25% | 100.89% | -4000% | -228.21% | 115.03% | -258.92% | -51.86% | 14.59% | 141.86% |
| EBITDA | -46M | 77M | 32M | -59M | 90.27M | 36.52M | 19.84M | 18.16M | 92.24M |
| EBITDA Margin % | -11.92% | 17.42% | 6.72% | -33.15% | 16.01% | 6.2% | 3.1% | 2.74% | 12.59% |
| EBITDA Growth % | -58.62% | 267.39% | -58.44% | -284.38% | 252.99% | -59.55% | -45.67% | -8.45% | 407.81% |
| D&A (Non-Cash Add-back) | 67M | 76M | 71M | 69M | 71.02M | 67.1M | 66.28M | 57.83M | 75.63M |
| EBIT | -47M | 22M | -39M | -128M | 19.24M | -24.51M | -44.23M | -37.69M | 22.33M |
| Net Interest Income | -15M | -26M | -27M | -26M | -24M | -29.58M | -37.67M | -38.79M | -46.44M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 15M | 26M | 27M | 26M | 24M | 29.58M | 37.67M | 38.79M | 46.44M |
| Other Income/Expense | 51M | -5M | -23M | 12M | -22.56M | -936K | -74.99M | 3.72M | -40.72M |
| Pretax Income | -62M▲ 0% | -4M▲ 93.5% | -62M▼ 1450.0% | -116M▼ 87.1% | -3.31M▲ 97.1% | -31.52M▼ 851.0% | -121.43M▼ 285.3% | -35.94M▲ 70.4% | -24.11M▲ 32.9% |
| Pretax Margin % | -16.06% | -0.91% | -13.03% | -65.17% | -0.59% | -5.35% | -18.95% | -5.42% | -3.29% |
| Income Tax | -36M | -15M | 15M | -38M | 9.69M | 2.65M | 3.86M | -4.67M | -831K |
| Effective Tax Rate % | 58.06% | 375% | -24.19% | 32.76% | -292.46% | -8.42% | -3.18% | 13% | 3.45% |
| Net Income | -25M▲ 0% | 5M▲ 120.0% | -77M▼ 1640.0% | -78M▼ 1.3% | -13.01M▲ 83.3% | -34.17M▼ 162.7% | -125.29M▼ 266.7% | -31.27M▲ 75.0% | -23.37M▲ 25.3% |
| Net Margin % | -6.48% | 1.13% | -16.18% | -43.82% | -2.31% | -5.81% | -19.56% | -4.72% | -3.19% |
| Net Income Growth % | 59.68% | 120% | -1640% | -1.3% | 83.33% | -162.74% | -266.66% | 75.04% | 25.27% |
| Net Income (Continuing) | -26M | 11M | -77M | -78M | -13.01M | -34.17M | -125.29M | -31.27M | -23.37M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 14M | -8M | 0 | 0 | 0 | 0 | 12.04M | 12.04M | 12.13M |
| EPS (Diluted) | -0.42▲ 0% | 0.08▲ 119.5% | -1.26▼ 1636.6% | -1.30▼ 3.2% | -0.21▲ 83.8% | -0.55▼ 161.9% | -2.02▼ 267.3% | -0.50▲ 75.2% | -0.37▲ 26.0% |
| EPS Growth % | 62.83% | 119.52% | -1636.59% | -3.17% | 83.85% | -161.9% | -267.27% | 75.25% | 26% |
| EPS (Basic) | -0.51 | 0.08 | -1.26 | -1.30 | -0.21 | -0.55 | -2.02 | -0.50 | -0.37 |
| Diluted Shares Outstanding | 59M | 61M | 61M | 60M | 61.72M | 61.72M | 61.87M | 61.23M | 63.78M |
| Basic Shares Outstanding | 49M | 61M | 61M | 60M | 61.72M | 61.72M | 61.87M | 61.23M | 62.45M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Atlanta Braves Holdings, Inc. (BATRK) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 220M | 257M | 267M | 244M | 330M | 267.38M | 218.02M | 179.15M | 158.71M |
| Cash & Short-Term Investments | 132M | 107M | 142M | 151M | 142M | 150.66M | 125.15M | 110.14M | 111.58M |
| Cash Only | 132M | 107M | 142M | 151M | 142M | 150.66M | 125.15M | 110.14M | 111.58M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 32M | 21M | 28M | 30M | 40M | 70.23M | 62.92M | 49.99M | 33.57M |
| Days Sales Outstanding | 30.26 | 17.34 | 21.47 | 61.52 | 25.9 | 43.56 | 35.85 | 27.53 | 16.73 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 56M | 129M | 97M | 63M | 148M | 46.48M | 29.95M | 19.01M | 13.56M |
| Total Non-Current Assets | 1.65B | 1.55B | 1.33B | 1.33B | 1.31B | 1.22B | 1.29B | 1.34B | 1.46B |
| Property, Plant & Equipment | 1.1B | 1.04B | 795M | 799M | 777M | 729.8M | 769.45M | 807.49M | 0 |
| Fixed Asset Turnover | 0.35x | 0.42x | 0.60x | 0.22x | 0.73x | 0.81x | 0.83x | 0.82x | - |
| Goodwill | 180M | 180M | 180M | 180M | 180M | 175.76M | 175.76M | 175.76M | 175.76M |
| Intangible Assets | 192M | 180M | 177M | 167M | 164M | 123.7M | 123.7M | 123.7M | 123.7M |
| Long-Term Investments | 153M | 100M | 99M | 94M | 110M | 94.56M | 99.21M | 108.79M | 116.82M |
| Other Non-Current Assets | 22M | 47M | 75M | -2.04B | 75M | 99.45M | 118.18M | 128.96M | 1.04B |
| Total Assets | 1.87B▲ 0% | 1.8B▼ 3.3% | 1.59B▼ 11.7% | 1.57B▼ 1.4% | 1.64B▲ 4.1% | 1.49B▼ 8.9% | 1.5B▲ 0.9% | 1.52B▲ 1.3% | 1.61B▲ 6.0% |
| Asset Turnover | 0.21x | 0.24x | 0.30x | 0.11x | 0.34x | 0.39x | 0.43x | 0.43x | 0.45x |
| Asset Growth % | 20.54% | -3.27% | -11.75% | -1.38% | 4.14% | -8.88% | 0.92% | 1.3% | 5.98% |
| Total Current Liabilities | 91M | 84M | 188M | 173M | 136M | 240.91M | 233.67M | 286.66M | 377.04M |
| Accounts Payable | 19M | 8M | 63M | 18M | 66M | 54.75M | 73.1M | 63.71M | 43.47M |
| Days Payables Outstanding | - | - | - | - | 64.01 | 45.78 | 54.31 | 45.25 | 27.03 |
| Short-Term Debt | 13M | 14M | 59M | 59M | 12M | 74.81M | 42.15M | 104.19M | 215.35M |
| Deferred Revenue (Current) | 51M | 54M | 70M | 90M | 83M | 105M | 111.98M | 111.85M | 109.83M |
| Other Current Liabilities | 8M | 8M | 5M | 6M | 6M | 6.36M | 6.44M | 6.91M | 8.39M |
| Current Ratio | 2.42x | 3.06x | 1.42x | 1.41x | 2.43x | 1.11x | 0.93x | 0.62x | 0.42x |
| Quick Ratio | 2.42x | 3.06x | 1.42x | 1.41x | 2.43x | 1.11x | 0.93x | 0.62x | 0.42x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.35B | 1.28B | 1.03B | 1.11B | 1.2B | 950.24M | 730.01M | 700.96M | 699.73M |
| Long-Term Debt | 649M | 477M | 495M | 611M | 685M | 467.16M | 527.12M | 512.93M | 621.85M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 107.22M | 103.59M | 103.84M | 0 |
| Deferred Tax Liabilities | 62M | 69M | 61M | 52M | 65M | 54.1M | 50.41M | 43.52M | 41.28M |
| Other Non-Current Liabilities | 699M | 806M | 471M | 444M | 454M | 321.76M | 48.9M | 40.67M | 36.6M |
| Total Liabilities | 1.44B | 1.37B | 1.22B | 1.28B | 1.34B | 1.19B | 963.69M | 987.62M | 1.08B |
| Total Debt | 662M | 491M | 554M | 670M | 697M | 649.19M | 672.86M | 720.97M | 837.2M |
| Net Debt | 530M | 384M | 412M | 519M | 555M | 498.52M | 547.71M | 610.82M | 725.62M |
| Debt / Equity | 1.55x | 1.12x | 1.47x | 2.30x | 2.35x | 2.17x | 1.24x | 1.34x | 1.56x |
| Debt / EBITDA | - | 6.38x | 17.31x | - | 7.72x | 17.78x | 33.91x | 39.69x | 9.08x |
| Net Debt / EBITDA | - | 4.99x | 12.88x | - | 6.15x | 13.65x | 27.61x | 33.63x | 7.87x |
| Interest Coverage | -7.53x | 0.04x | -1.44x | -4.92x | 0.80x | -1.03x | -1.23x | -1.02x | 0.36x |
| Total Equity | 427M▲ 0% | 438M▲ 2.6% | 378M▼ 13.7% | 291M▼ 23.0% | 296M▲ 1.7% | 299.51M▲ 1.2% | 540.64M▲ 80.5% | 536.22M▼ 0.8% | 538.18M▲ 0.4% |
| Equity Growth % | 6.75% | 2.58% | -13.7% | -23.02% | 1.72% | 1.19% | 80.51% | -0.82% | 0.37% |
| Book Value per Share | 7.24 | 7.18 | 6.20 | 4.85 | 4.80 | 4.85 | 8.74 | 8.76 | 8.44 |
| Total Shareholders' Equity | 413M | 446M | 378M | 291M | 296M | 299.51M | 528.6M | 524.18M | 526.05M |
| Common Stock | 413M | 446M | 0 | 291M | 5M | 0 | 619K | 624K | 103K |
| Retained Earnings | 0 | 0 | 0 | 0 | 12.72B | -429.08M | -554.38M | -585.64M | -609.01M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -51M | -96M | 0 | 0 | -5M | -3.76M | -7.27M | -3.35M | -2.74M |
| Minority Interest | 14M | -8M | 0 | 0 | 0 | 0 | 12.04M | 12.04M | 12.13M |
Atlanta Braves Holdings, Inc. (BATRK) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -42M | 103M | 75M | -55M | 62M | 53M | 1.63M | 16.63M | 25.24M |
| Operating CF Margin % | -10.88% | 23.3% | 15.76% | -30.9% | 11% | 9.01% | 0.25% | 2.51% | 3.45% |
| Operating CF Growth % | -147.19% | 345.24% | -27.18% | -173.33% | 212.73% | -14.52% | -96.93% | 922.82% | 51.74% |
| Net Income | -26M | 11M | -77M | -78M | -11M | -35M | -125.29M | -31.27M | -23.28M |
| Depreciation & Amortization | 67M | 76M | 71M | 69M | 72M | 71M | 70.98M | 62.83M | 75.63M |
| Stock-Based Compensation | 48M | 11M | 17M | 6M | 12M | 12.23M | 13.22M | 16.52M | 15.57M |
| Deferred Taxes | -37M | -15M | 0 | -38M | 8M | 8M | -7.87M | -9.29M | -2.44M |
| Other Non-Cash Items | -22M | 34M | 76M | -26M | 25M | 5.77M | 80.31M | -4.63M | 31.66M |
| Working Capital Changes | -72M | -14M | -12M | 12M | -44M | -9M | -29.72M | -17.53M | -71.91M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -15M | -22M | 0 | 41M | -1M | 0 | 0 | 0 | 0 |
| Cash from Investing | -221M | 159M | -107M | -77M | -25M | 53M | -69.05M | -86.31M | -145.04M |
| Capital Expenditures | -219M | -33M | -103M | -81M | -35M | -18M | -69.04M | -86.01M | 0 |
| CapEx % of Revenue | 56.74% | 7.47% | 21.64% | 45.51% | 6.21% | 3.06% | 10.78% | 12.98% | 19.8% |
| Acquisitions | -2M | 0 | 0 | 0 | 0 | 23M | -125K | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -224M | 37M | -4M | 4M | 8M | 58K | 110K | 40K | -145.04M |
| Cash from Financing | 288M | -212M | 54M | 105M | 22M | -177M | 32.33M | 44.56M | 118.78M |
| Debt Issued (Net) | 326M | -194M | 65M | 114M | 24M | -154.86M | 26.85M | 42.48M | 116.67M |
| Equity Issued (Net) | 0 | 0 | -1000K | -1000K | 0 | 693K | 0 | 0 | 1000K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -30M | 0 | -4M | -1M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -30M | -18M | -7M | -8M | -2M | -22.83M | 5.48M | 2.08M | -6.95M |
| Net Change in Cash | 25M▲ 0% | 50M▲ 100.0% | 22M▼ 56.0% | -27M▼ 222.7% | 59M▲ 318.5% | -71M▼ 220.3% | -35.1M▲ 50.6% | -25.12M▲ 28.4% | -1.02M▲ 95.9% |
| Free Cash Flow | -261M▲ 0% | 70M▲ 126.8% | -28M▼ 140.0% | -136M▼ 385.7% | 27M▲ 119.9% | 35M▲ 29.6% | -67.41M▼ 292.6% | -69.38M▼ 2.9% | -119.81M▼ 72.7% |
| FCF Margin % | -67.62% | 15.84% | -5.88% | -76.4% | 4.79% | 5.95% | -10.52% | -10.47% | -16.36% |
| FCF Growth % | 3.69% | 126.82% | -140% | -385.71% | 119.85% | 29.63% | -292.6% | -2.93% | -72.68% |
| FCF per Share | -4.42 | 1.15 | -0.46 | -2.27 | 0.44 | 0.57 | -1.09 | -1.13 | -1.88 |
| FCF Conversion (FCF/Net Income) | 1.68x | 20.60x | -0.97x | 0.71x | -4.77x | -1.55x | -0.01x | -0.53x | -1.08x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Atlanta Braves Holdings, Inc. (BATRK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -1.56% | -6.05% | 1.16% | -18.87% | -23.32% | -4.43% | -11.48% | -29.83% | -5.81% | -4.35% |
| Return on Invested Capital (ROIC) | -1.1% | -10.74% | 0.08% | -3.63% | -12% | 1.74% | -2.78% | -3.69% | -2.66% | 1.03% |
| Gross Margin | 100% | 100% | 100% | 100% | 100% | 33.24% | 25.84% | 23.33% | 22.46% | 19.86% |
| Net Margin | -23.66% | -6.48% | 1.13% | -16.18% | -43.82% | -2.31% | -5.81% | -19.56% | -4.72% | -3.19% |
| Debt / Equity | 0.82x | 1.55x | 1.12x | 1.47x | 2.30x | 2.35x | 2.17x | 1.24x | 1.34x | 1.56x |
| Interest Coverage | -61.00x | -7.53x | 0.04x | -1.44x | -4.92x | 0.80x | -1.03x | -1.23x | -1.02x | 0.36x |
| FCF Conversion | -1.44x | 1.68x | 20.60x | -0.97x | 0.71x | -4.77x | -1.55x | -0.01x | -0.53x | -1.08x |
| Revenue Growth | 7.82% | 47.33% | 14.51% | 7.69% | -62.6% | 216.69% | 4.41% | 8.85% | 3.45% | 10.52% |
Atlanta Braves Holdings, Inc. (BATRK) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 9, 2026·SEC
Mar 6, 2026·SEC
Feb 26, 2026·SEC
Atlanta Braves Holdings, Inc. (BATRK) stock FAQ — growth, dividends, profitability & financials explained
Atlanta Braves Holdings, Inc. (BATRK) reported $732.5M in revenue for fiscal year 2025. This represents a 226% increase from $225.0M in 2012.
Atlanta Braves Holdings, Inc. (BATRK) grew revenue by 10.5% over the past year. This is steady growth.
Atlanta Braves Holdings, Inc. (BATRK) reported a net loss of $23.4M for fiscal year 2025.
Atlanta Braves Holdings, Inc. (BATRK) has a return on equity (ROE) of -4.3%. Negative ROE indicates the company is unprofitable.
Atlanta Braves Holdings, Inc. (BATRK) had negative free cash flow of $119.8M in fiscal year 2025, likely due to heavy capital investments.
Atlanta Braves Holdings, Inc. (BATRK) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates