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BATRKAtlanta Braves Holdings, Inc.
$52.00$3.3B
Overview & Verdict
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BATRK logoAtlanta Braves Holdings, Inc.(BATRK)Earnings, Financials & Key Ratios

BATRK•NASDAQ
$52.00
Price updated Jul 6, 2026
SectorCommunication ServicesIndustryEntertainmentSub-IndustryLive Events and Sports Operators
AboutAtlanta Braves Holdings, through its wholly-owned subsidiary Braves Holdings, LLC, indirectly owns the Atlanta Braves Major League Baseball club and the associated mixed-use development project, The Battery Atlanta.Show more
  • Revenue$732M+10.5%
  • EBITDA$92M+407.8%
  • Net Income-$23M+25.3%
  • EPS (Diluted)-0.37+26.0%
  • Gross Margin19.86%-11.5%
  • EBITDA Margin12.59%+359.5%
  • Operating Margin2.27%+137.9%
  • Net Margin-3.19%+32.4%
  • ROE-4.35%+25.1%

BATRK Price & Volume

Atlanta Braves Holdings, Inc. (BATRK) stock price & volume — 10-year historical chart

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Seasonal Revenue Volatility Masks Structural Profitability Challenges

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Strained
Cash Flow:Mixed
Primary Risk:Seasonal Liquidity and Leverage

Key Thesis Takeaways

  • Atlanta Braves Holdings operates a highly seasonal business model tethered to the MLB schedule, which creates significant quarterly revenue swings ranging from $37.1M to $312.4M.
  • While the company leverages its Battery mixed-use real estate to diversify income, the reliance on high-fixed-cost stadium infrastructure continues to pressure bottom-line results, evidenced by a -$649.5M retained earnings balance.
  • Investors should monitor the company's ability to manage its 1.52 debt-to-equity ratio and seasonal liquidity constraints as it navigates ongoing capital intensity requirements.

Verdict Logic

the company's structural inability to maintain consistent profitability, highlighted by a -56.2% net margin in 2026Q1, suggests significant risk for long-term capital appreciation.

BATRK Growth Metrics

Atlanta Braves Holdings, Inc. (BATRK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years11.67%
5 Years32.7%
3 Years7.56%
TTM12.54%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-5.01%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-2.94%

Return on Capital

10 Years-3.08%
5 Years-1.28%
3 Years-1.84%
Last Year1.34%

BATRK Recent Earnings

Atlanta Braves Holdings, Inc. (BATRK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 9/12 qtrs (82%)
Q2 2026Latest
May 11, 2026
Metric
Actual
Est
EPS
$0.63+24.1%
$0.83
Rev
$72M+11.5%
$65M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$0.28+57.6%
$0.66
Rev
$61M+16.4%
$53M
Q4 2025
Nov 5, 2025
Metric
Actual
Est
EPS
$0.47+95.8%
$0.24
Rev
$1.1B+1875.1%
$55M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.46-28.1%
$0.64
Rev
$312M+2.7%
$304M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 11, 2026
$0.63vs $0.83+24.1%
$72Mvs $65M+11.5%
Q1 2026Feb 25, 2026
$0.28vs $0.66+57.6%
$61Mvs $53M+16.4%
Q4 2025Nov 5, 2025
$0.47vs $0.24+95.8%
$1.1Bvs $55M+1875.1%
Q3 2025Aug 7, 2025
$0.46vs $0.64-28.1%
$312Mvs $304M+2.7%
Based on last 12 quarters of dataView full earnings history →

Peers Comparison

Key metrics vs top competitors for Atlanta Braves Holdings, Inc. (BATRK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BATRK logoBATRKAtlanta Braves Holdings, Inc.Current
$52.00$3.28B-140.5410.52%-3.19%-4.35%—
MSGE logoMSGEMadison Square Garden Entertainment Corp.
$75.87$3.59B98.53-1.72%4.81%8.89%—
FWONK logoFWONKFormula One Group
$98.97$24.8B46.0322.69%12.79%7.4%—
TKO logoTKOTKO Group Holdings, Inc.
$192.30$37.43B85.0968.85%7.61%4.1%—
NFLX logoNFLXNetflix, Inc.
$76.02$320.11B30.0515.85%28.52%49.24%—
LYV logoLYVLive Nation Entertainment, Inc.
$183.29$42.59B-763.718.83%0.33%4.44%—

Compare BATRK vs Peers

Atlanta Braves Holdings, Inc. (BATRK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MSGE

Most directly comparable listed peer for BATRK.

Scale Benchmark

vs NFLX

Larger-name benchmark to compare BATRK against a more recognizable public peer.

Peer Set

Compare Top 5

vs MSGE, FWONK, TKO, NFLX

BATRK SEC Filings & Documents

Atlanta Braves Holdings, Inc. (BATRK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 12, 2026·SEC

Material company update

May 11, 2026·SEC

Material company update

May 11, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2026

Feb 26, 2026·SEC

10-Q Quarterly Reports

6
FY 2026

May 11, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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BATRK Frequently Asked Questions

Atlanta Braves Holdings, Inc. (BATRK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Atlanta Braves Holdings, Inc.'s revenue?

Atlanta Braves Holdings, Inc. (BATRK) reported $757.3M in revenue for fiscal year 2025. This represents a 237% increase from $225.0M in 2012.

How fast is Atlanta Braves Holdings, Inc. growing?

Atlanta Braves Holdings, Inc. (BATRK) grew revenue by 10.5% over the past year. This is steady growth.

Is BATRK profitable?

Atlanta Braves Holdings, Inc. (BATRK) reported a net loss of $22.5M for fiscal year 2025.

Dividend & Returns
What is BATRK's return on equity?

Atlanta Braves Holdings, Inc. (BATRK) has a return on equity (ROE) of -4.3%. Negative ROE indicates the company is unprofitable.

What is Atlanta Braves Holdings, Inc.'s free cash flow?

Atlanta Braves Holdings, Inc. (BATRK) generated $152.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in BATRK back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →