4 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.6% per year over the past 3 years.
Operating margin has expanded, at -1.8% in the latest year.
Financial health
Total debt ($739M) exceeds cash ($100M); net debt is $639M.
Total debt has grown faster than revenue (10.9% vs 7.6% per year).
Operating income covered interest expense -0.3× in the latest year, up from -1.0× 3 years ago.
Total debt is 12× EBITDA.
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.5 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$732M
-$23M
0.0%
-1.8%
-$68M
$739M
$100M
2024
$663M
-$31M
0.0%
-6.0%
-$69M
$617M
$110M
2023
$641M
-$125M
0.0%
-7.2%
-$67M
$569M
$125M
2022
$589M
-$34M
0.0%
-5.2%
$36M
$542M
$151M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$72M
-$40M
0.0%
-57.3%
—
$709M
$135M
Dec '25
$61M
-$41M
0.0%
-81.2%
$26M
$739M
$100M
Sep '25
$312M
$30M
0.0%
12.5%
-$89M
$760M
$82M
Jun '25
$312M
$29M
0.0%
13.4%
-$82M
$703M
$96M
Mar '25
$47M
-$41M
0.0%
-94.2%
$76M
$699M
$245M
Dec '24
$52M
-$19M
0.0%
-35.8%
$17M
$617M
$110M
Sep '24
$291M
$10M
0.0%
2.2%
-$86M
$640M
$101M
Jun '24
$283M
$29M
0.0%
8.8%
-$64M
$600M
$121M
Mar '24
$37M
-$51M
0.0%
-141.2%
$63M
$580M
$181M
Dec '23
$68M
-$32M
0.0%
-47.8%
-$791000
$569M
$125M
Sep '23
$272M
-$6M
0.0%
5.8%
-$73M
$555M
$107M
Jun '23
$270M
-$29M
0.0%
7.2%
-$65M
$539M
$131M
Mar '23
$31M
-$58M
0.0%
-159.0%
$71M
—
—
Dec '22
$71M
-$45M
0.0%
-10.1%
$29M
$542M
$151M
Sep '22
$245M
-$30M
0.0%
-1.9%
-$84M
—
—
Jun '22
$250M
$64M
0.0%
11.0%
—
—
—
Valuation over time
How the market has priced BATRA against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 3.7× (Mar '23) to 4.8× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is BATRA growing its revenue and profit?
Over the past 3 years, Atlanta Braves Holdings, Inc.'s revenue has grown 7.6% per year. These are computed facts, not advice.
How much debt does BATRA have?
As of FY2025, Atlanta Braves Holdings, Inc. reported $739M of total debt against $100M of cash; operating income covered interest expense -0.3×.
What is BATRA's profit margin?
In FY2025, gross margin was —, operating margin -1.8%, and net margin -3.2%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.