Atlanta Braves Holdings, Inc.
BATRA Nasdaq· Services-Amusement & Recreation Services
Last close · Oct 26, 2026
$54.31
KIRA · Stoqly’s AI analyst, in plain words
- Atlanta Braves Holdings, Inc. had $732M of revenue in fiscal 2025, up 10.5% on the year before.
- Its operating margin was −1.8%, up 4.1 pts: of every 100 in sales, about −2 is left after running the business.
- Atlanta Braves Holdings, Inc. lost $23.4M in fiscal 2025.
- Free cash flow was −$68.5M in fiscal 2025, −9.3% of revenue.
- Atlanta Braves Holdings, Inc. owes $743M more than it holds in cash, about 12.0 years of operating profit.
Market cap
$3.5B
P/E
—
Revenue
$732M
Net income
−$23.4M
Free cash flow
−$68.5M
Operating margin
−1.8%
Atlanta Braves Holdings, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+10.5%
Yes. Sales grew 10.5% last year.
Does it make a profit?
−3.2%
No. It lost money last year.
Does profit turn into cash?
−9.3%
No. It spent more cash than it brought in.
Is debt under control?
12.0x
Heavy. Repaying its debt would take 12.0 years of operating profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Atlanta Braves Holdings, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Legal name
- Atlanta Braves Holdings, Inc.
- CIK
- 0001958140
Atlanta Braves Holdings, Inc. · BATRA
Results and finances
The last 4 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Sales and profit | ||||
| Revenue | $589M | $641M | $663M | $732M |
| Revenue growth | — | 8.9% | 3.4% | 10.5% |
| Operating margin | −5.2% | −7.2% | −6.0% | −1.8% |
| Net income | −$34.2M | −$125M | −$31.3M | −$23.4M |
| Net margin | −5.8% | −19.6% | −4.7% | −3.2% |
| Diluted EPS | −$0.55 | −$2.03 | −$0.50 | −$0.37 |
| Cash | ||||
| Cash from operations | $53.3M | $1.6M | $16.6M | $25.2M |
| Capital expenditure | $17.7M | $69.0M | $86.0M | $93.7M |
| Free cash flow | $35.7M | −$67.4M | −$69.4M | −$68.5M |
| FCF margin | 6.1% | −10.5% | −10.5% | −9.3% |
| Share count change | — | — | 0.6% | 1.1% |
| Debt and strength | ||||
| Cash and short-term investments | $151M | $125M | $110M | $99.9M |
| Debt incl. finance leases | $654M | $677M | $726M | $843M |
| Shareholders' equity | $300M | $529M | $524M | $526M |
| Net debt / EBITDA | 12.2x | 22.5x | 26.6x | 12.0x |
| Current ratio | 1.1x | 0.9x | 0.6x | 0.4x |
| Interest coverage | −1.0x | −1.2x | −1.0x | −0.3x |
| Returns and quality | ||||
| Return on capital | −3.5% | −3.8% | −3.0% | −0.9% |
| Return on equity | −11.4% | −30.3% | −5.9% | −4.5% |
| Return on tangible equity | −27.6% | −35.5% | −9.0% | −6.7% |
| Piotroski F-score | — | 3 | 4 | 4 |
| Altman Z'' | −0.7 | −0.9 | −1.3 | −1.7 |
Insiders bought, 12 months
$7.2M
1 insider
Insiders sold, 12 months
$22.8M
8 insiders
Of sales under plans
87%
$19.8M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Atlanta Braves Holdings, Inc. · BATRA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $54.31 a share, the company is worth $3.5B.
Source: SEC EDGAR XBRL filings (CIK 0001958140). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.