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NASDAQ · SERVICES-AMUSEMENT & RECREATION SERVICES · LARGE CAP

Atlanta Braves Holdings, Inc. BATRA

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$732.5M
▲ 10.5% YoY
$-23.4M
$-68.5M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Braves Holdings, collectively with its subsidiaries, indirectly owns and operates the Atlanta Braves Major League Baseball Club. As of December 31, 2025, Braves Holdings and its consolidated subsidiaries had an aggregate of approximately 1,610 full time, seasonal, and part-time employees. The Braves' ballpark, Truist Park, is located in Cobb County, a suburb of Atlanta, and is leased from Cobb County and the Cobb-Marietta Coliseum and Exhibit Hall Authority. Braves Holdings manages its business based on two reportable segments, Baseball and Mixed-Use Development. Its Baseball segment covers operations related to the Braves baseball franchise and Truist Park, including revenue from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites and premium seat fees, retail and licensing revenue, and shared MLB revenue streams. Its Mixed-Use Development segment covers retail, office, hotel and entertainment operations within The Battery Atlanta and the surrounding area, as well as land under development adjacent to CoolToday Park. The Braves' history began in Boston in 1871 as the Boston Red Stockings, one of nine charter members of the National Association of Professional Baseball Players.

Written from the business description in Atlanta Braves Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 732.5M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 732.5 · Net income -23.4
300M600M-50M-100M
20222025
Compound annual growth
+7.6%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−3 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1.8% · Net -3.2%
-5%-10%-15%
202220232025
ROE
FY2025 · ROE -4.5%
-10%-20%-30%
202220232025
Three returns, three denominators.

Each USD of equity lost 4 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -68.5
15.0M30.0M-25.0M-50.0M
202220232025

Total assetsUSD 1.6B
EquityUSD 526.0M
CashUSD 99.9M
Gross debtUSD 738.6M
Net debtUSD 638.7M
Current ratio0.42×

Net debt stands at 121% of equity.

The 4-year record

4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
BATRA, 4-year financial record
Metric 2025202420232022
Revenue $B0.70.70.60.6
Operating income $B−0.0−0.0−0.0−0.0
EBITDA $B0.10.00.00.0
Income tax $B−0.0−0.0−0.00.0
Net income $B−0.0−0.0−0.1−0.0
Free cash flow $B−0.1−0.1−0.10.0
EPS, diluted $−0.37−0.50−2.03−0.55
Dividend / sh $◌◌◌◌
Payout % — not applicable: no dividend————
ROE %−4.5−5.9−30.3−11.4

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 15 reconciliationsAUDITED

Reconciled in 4 of the 4 fiscal years we could check. 30 checks were skipped: the balance sheet is not tagged before 2022. 16 checks were skipped: the share count is not tagged before 2023.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Amusement & Recreation Services
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
Data on record since2022

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