
Atlanta Braves (BATRA) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
47.2M
Gross Profit
-4.0M
-8.39%
Operating Income
-44.5M
-94.16%
Net Income
-41.4M
-87.67%
EPS (Diluted)
$-0.66
Balance Sheet Metrics
Total Assets
1.7B
Total Liabilities
1.2B
Shareholders Equity
498.2M
Debt to Equity
2.38
Cash Flow Metrics
Operating Cash Flow
-29.2M
Free Cash Flow
76.3M
Revenue & Profitability Trend
Atlanta Braves Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 662.7M | 640.7M | 588.6M | 568.0M | 178.0M |
Cost of Goods Sold | 513.9M | 491.2M | 436.5M | - | - |
Gross Profit | 148.8M | 149.4M | 152.1M | - | - |
Gross Margin % | 22.5% | 23.3% | 25.8% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 125.7M | 124.3M | 105.5M | 99.0M | 67.0M |
Other Operating Expenses | - | - | 434.0M | 377.0M | 170.0M |
Total Operating Expenses | 125.7M | 124.3M | 539.5M | 476.0M | 237.0M |
Operating Income | -39.7M | -45.9M | -25.2M | 20.0M | -128.0M |
Operating Margin % | -6.0% | -7.2% | -4.3% | 3.5% | -71.9% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 38.8M | 37.7M | 29.6M | 24.0M | 26.0M |
Other Non-Operating Income | 42.5M | -45.6M | 23.2M | 1.0M | 38.0M |
Pre-tax Income | -35.9M | -129.2M | -31.5M | -3.0M | -116.0M |
Income Tax | -4.7M | -3.9M | 2.7M | 8.0M | -38.0M |
Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net Income | -31.3M | -125.3M | -34.2M | -11.0M | -78.0M |
Net Margin % | -4.7% | -19.6% | -5.8% | -1.9% | -43.8% |
Key Metrics | |||||
EBITDA | 62.3M | 58.6M | 77.1M | 121.0M | -53.0M |
EPS (Basic) | $-0.50 | $-2.03 | $-0.55 | $-0.21 | $-1.53 |
EPS (Diluted) | $-0.50 | $-2.03 | $-0.55 | $-0.21 | $-2.00 |
Basic Shares Outstanding | 62565828 | 61735000 | 62130909 | 52789721 | 51000000 |
Diluted Shares Outstanding | 62565828 | 61735000 | 62130909 | 52789721 | 51000000 |
Income Statement Trend
Atlanta Braves Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 110.1M | 125.1M | 150.7M | 142.0M | 151.0M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 50.0M | 62.9M | 70.2M | 40.0M | 30.0M |
Inventory | - | - | - | - | - |
Other Current Assets | 16.6M | 17.4M | 24.3M | 148.0M | 63.0M |
Total Current Assets | 179.1M | 218.0M | 267.4M | 330.0M | 244.0M |
Non-Current Assets | |||||
Property, Plant & Equipment | 0 | 0 | 0 | - | - |
Goodwill | 475.2M | 475.2M | 475.2M | 524.0M | 527.0M |
Intangible Assets | 123.7M | 123.7M | 123.7M | 164.0M | 167.0M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 129.0M | 120.9M | 99.5M | 75.0M | 87.0M |
Total Non-Current Assets | 1.3B | 1.3B | 1.2B | 1.3B | 1.3B |
Total Assets | 1.5B | 1.5B | 1.5B | 1.6B | 1.6B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 63.7M | 73.1M | 54.7M | 66.0M | 53.0M |
Short-term Debt | 104.2M | 42.2M | 74.8M | 12.0M | 59.0M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 6.9M | 6.4M | 6.4M | 6.0M | 6.0M |
Total Current Liabilities | 286.7M | 233.7M | 240.9M | 136.0M | 173.0M |
Non-Current Liabilities | |||||
Long-term Debt | 616.8M | 630.7M | 574.4M | 685.0M | 611.0M |
Deferred Tax Liabilities | 43.5M | 50.4M | 54.1M | 65.0M | 52.0M |
Other Non-Current Liabilities | 34.1M | 33.7M | 306.4M | 454.0M | 444.0M |
Total Non-Current Liabilities | 701.0M | 730.0M | 950.2M | 1.2B | 1.1B |
Total Liabilities | 987.6M | 963.7M | 1.2B | 1.3B | 1.3B |
Equity | |||||
Common Stock | 624.0K | 619.0K | 0 | 5.0M | - |
Retained Earnings | -585.6M | -554.4M | -429.1M | 12.7B | - |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 536.2M | 540.6M | 299.5M | 296.0M | 291.0M |
Key Metrics | |||||
Total Debt | 721.0M | 672.9M | 649.2M | 697.0M | 670.0M |
Working Capital | -107.5M | -15.7M | 26.5M | 194.0M | 71.0M |
Balance Sheet Composition
Atlanta Braves Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | -31.3M | -125.3M | -34.2M | -11.0M | -78.0M |
Depreciation & Amortization | 62.8M | 71.0M | 71.7M | 72.0M | 69.0M |
Stock-Based Compensation | 16.5M | 13.2M | 12.2M | 12.0M | 6.0M |
Working Capital Changes | -15.8M | -42.8M | 9.9M | -44.0M | 12.0M |
Operating Cash Flow | 52.2M | -90.5M | 51.6M | 57.0M | -19.0M |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | -334.0K | -125.0K | -5.3M | 0 | 0 |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | 48.0M | 2.0M | 0 |
Investing Cash Flow | -294.0K | -15.0K | 118.2M | 10.0M | 4.0M |
Financing Activities | |||||
Share Repurchases | - | - | -395.0M | 0 | 0 |
Dividends Paid | - | - | 0 | 0 | 0 |
Debt Issuance | 144.9M | 83.0M | 154.8M | 117.0M | 228.0M |
Debt Repayment | -102.4M | -56.2M | -309.6M | -93.0M | -114.0M |
Financing Cash Flow | 44.6M | 32.3M | -572.2M | 22.0M | 105.0M |
Free Cash Flow | -69.4M | -67.4M | 35.7M | 27.0M | -136.0M |
Net Change in Cash | 96.5M | -58.2M | -402.4M | 89.0M | 90.0M |
Cash Flow Trend
Atlanta Braves Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-98.71
Forward P/E
-107.24
Price to Book
6.35
Price to Sales
4.32
PEG Ratio
-107.24
Profitability Ratios
Profit Margin
-3.18%
Operating Margin
-94.16%
Return on Equity
-4.32%
Return on Assets
-1.13%
Financial Health
Current Ratio
0.78
Debt to Equity
162.71
Beta
0.79
Per Share Data
EPS (TTM)
$-0.33
Book Value per Share
$7.77
Revenue per Share
$10.82
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
batra | 2.9B | -98.71 | 6.35 | -4.32% | -3.18% | 162.71 |
Netflix | 499.1B | 50.00 | 20.00 | 43.55% | 24.58% | 67.87 |
Walt Disney | 216.4B | 24.57 | 2.08 | 8.89% | 9.48% | 39.43 |
Endeavor | 9.5B | 42.29 | 2.28 | -4.88% | -11.00% | 63.00 |
Paramount Global | 9.2B | -2.50 | 0.95 | -27.75% | -19.09% | 91.72 |
Paramount Global | 9.4B | -1.42 | 0.54 | -27.75% | -19.09% | 91.72 |
Financial data is updated regularly. All figures are in the company's reporting currency.