Atlanta Braves (BATRA)

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Atlanta Braves Holdings, Inc. is a public holding company built around one of Major League Baseball’s most recognized franchises, the Atlanta Braves. Through its subsidiaries, the company owns and operates the Braves baseball club, manages its home ballpark, Truist Park, and controls The Battery Atlanta, a mixed-use real estate development surrounding the stadium.

The business is organized around two main activities: baseball operations and real estate. The baseball segment is the core revenue driver and includes ticket sales, concessions, parking, merchandise, local media rights, sponsorships, suites, premium seating, licensing, and shared MLB revenue streams such as national broadcast and league-level commercial arrangements. Team performance, fan attendance, media economics, player costs, and MLB-wide revenue sharing all influence this part of the company.

The mixed-use development segment gives Atlanta Braves Holdings an asset profile that extends beyond a typical sports franchise. The Battery Atlanta includes entertainment, retail, office, residential, hotel, and dining spaces designed to attract visitors throughout the year, not only on game days. This creates additional rental, hospitality, and event-related opportunities tied to the broader development around Truist Park.

The company’s public shares, including the Series A common stock under the BATRA symbol, give investors a way to gain exposure to professional sports ownership and stadium-adjacent real estate in the public market. Its value is linked not only to annual operating results, but also to the scarcity and long-term appreciation potential often associated with major sports franchises.

Atlanta Braves Holdings stands out because it combines a storied MLB club, a modern ballpark, and an integrated entertainment district in a single listed company.

51.45 USD
−0.90 (-1.69%)

Last updated

Market Cap
3.42B
P/E
P/FCF
P/S
4.52
Enterprise Value
4.1B
Sector
Industry
Address
755 BATTERY AVENUE SE, ATLANTA, GA, 30339
Market Cap
3.42B
Enterprise Value
4.1B
P/E
P/B
6.6
P/S
4.52
EV / EBITDA
41.25
EV / Sales
5.41
EPS
-0.35
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-90.88M
ROE
-4.33%
ROA
-1.33%
Debt / Equity
1.56
Current Ratio
0.39
Quick Ratio
0.39
Cash
0.28
Avg Volume
59.54K
Fundamentals Snapshot Price
53.36

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 72.01M 61.3M 311.54M 312.44M 47.21M
Gross profit 11.13M 29.95M 97.15M 98M -3.96M
Operating income -41.25M -49.79M 38.93M 41.79M -44.45M
EBITDA -24.13M -2.02M 62.4M 63.06M -31.2M
Net income -40.48M -41.45M 29.98M 29.49M -41.39M
Basic EPS -0.63 -0.66 0.48 0.47 -0.66
Diluted EPS -0.63 -0.65 0.47 0.46 -0.66

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 1.69B 1.61B 1.67B 1.68B 1.68B
Total liabilities 1.16B 1.08B 1.1B 1.15B 1.18B
Total equity 531.15M 538.18M 572.46M 534.87M 498.17M
Cash & equivalents 135.2M 99.88M 82.24M 96.2M 244.68M
Current assets 190.98M 147.01M 184.7M 179.11M 299.05M
Current liabilities 490.88M 377.04M 249.7M 371.16M 413.87M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 62.48M 26.41M -88.82M -8.13M 95.77M
Investing cash flow -8.63M -7.37M -7.56M -108.59M -21.52M
Financing cash flow 3.42M -22.08M 57.37M 3.35M 80.14M
Change in cash 57.28M -3.04M -39M -113.37M 154.39M
Kind Filing Date Link
edgar index 8-K — Atlanta Braves Holdings, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G — Atlanta Braves Holdings, Inc. View Filing
edgar index 8-K — Atlanta Braves Holdings, Inc. View Filing
edgar index 10-Q — Atlanta Braves Holdings, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G — Atlanta Braves Holdings, Inc. View Filing
edgar index DEF 14A — Atlanta Braves Holdings, Inc. View Filing
edgar index DEFA14A — Atlanta Braves Holdings, Inc. View Filing
edgar index ARS — Atlanta Braves Holdings, Inc. View Filing
edgar index SCHEDULE 13G/A — Atlanta Braves Holdings, Inc. View Filing
edgar index SCHEDULE 13G/A — Atlanta Braves Holdings, Inc. View Filing
edgar index 4 — Atlanta Braves Holdings, Inc. View Filing
form 4 Form 4 — GAMCO INVESTORS, INC. ET AL View Filing
form 4 Form 4 — Associated Capital Group, Inc. View Filing
form 4 Form 4 — Associated Capital Group, Inc. View Filing
form 4 Form 4 — GGCP, INC. View Filing
form 4 Form 4 — GGCP, INC. View Filing
form 4 Form 4 — GABELLI MARIO J View Filing
form 4 Form 4 — Associated Capital Group, Inc. View Filing
form 4 Form 4 — GAMCO INVESTORS, INC. ET AL View Filing
form 4 Form 4 — GABELLI MARIO J View Filing
form 4 Form 4 — GGCP, INC. View Filing
form 4 Form 4 — GAMCO INVESTORS, INC. ET AL View Filing
form 4 Form 4 — Associated Capital Group, Inc. View Filing
form 4 Form 4 — GGCP, INC. View Filing
form 4 Form 4 — Associated Capital Group, Inc. View Filing
form 4 Form 4 — GGCP, INC. View Filing
form 4 Form 4 — GABELLI MARIO J View Filing
form 4 Form 4 — GABELLI MARIO J View Filing
form 4 Form 4 — GAMCO INVESTORS, INC. ET AL View Filing
form 4 Form 4 — GAMCO INVESTORS, INC. ET AL View Filing
form 4 Form 4 — Associated Capital Group, Inc. View Filing
form 4 Form 4 — Associated Capital Group, Inc. View Filing
form 4 Form 4 — GGCP, INC. View Filing
form 4 Form 4 — GGCP, INC. View Filing
form 4 Form 4 — GABELLI MARIO J View Filing
form 4 Form 4 — GABELLI MARIO J View Filing
form 4 Form 4 — GAMCO INVESTORS, INC. ET AL View Filing
form 4 Form 4 — GAMCO INVESTORS, INC. ET AL View Filing
form 4 Form 4 — GABELLI MARIO J View Filing
edgar index 4 — Atlanta Braves Holdings, Inc. View Filing
edgar index 10-K — Atlanta Braves Holdings, Inc. View Filing
ten k section 10-K — business View Filing
ten k section 10-K — business View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — risk_factors View Filing
ten k section 10-K — risk_factors View Filing
edgar index 8-K — Atlanta Braves Holdings, Inc. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
edgar index 8-K — Atlanta Braves Holdings, Inc. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — Atlanta Braves Holdings, Inc. View Filing
edgar index 144 — Atlanta Braves Holdings, Inc. View Filing
form 4 Form 4 — Robinson Jill L. View Filing
form 4 Form 4 — Robinson Jill L. View Filing
form 4 Form 4 — Robinson Jill L. View Filing
edgar index SCHEDULE 13D/A — Atlanta Braves Holdings, Inc. View Filing
edgar index SCHEDULE 13D/A — Atlanta Braves Holdings, Inc. View Filing
edgar index 4 — Atlanta Braves Holdings, Inc. View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
form 4 Form 4 — MALONE JOHN C View Filing
edgar index 4 — Atlanta Braves Holdings, Inc. View Filing
edgar index 144 — Atlanta Braves Holdings, Inc. View Filing
form 4 Form 4 — Robinson Jill L. View Filing