TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income 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

Metric20242023202220212020
Revenue i662.7M640.7M588.6M568.0M178.0M
Cost of Goods Sold i513.9M491.2M436.5M--
Gross Profit i148.8M149.4M152.1M--
Gross Margin % i22.5%23.3%25.8%0.0%0.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i125.7M124.3M105.5M99.0M67.0M
Other Operating Expenses i--434.0M377.0M170.0M
Total Operating Expenses i125.7M124.3M539.5M476.0M237.0M
Operating Income i-39.7M-45.9M-25.2M20.0M-128.0M
Operating Margin % i-6.0%-7.2%-4.3%3.5%-71.9%
Non-Operating Items
Interest Income i-----
Interest Expense i38.8M37.7M29.6M24.0M26.0M
Other Non-Operating Income42.5M-45.6M23.2M1.0M38.0M
Pre-tax Income i-35.9M-129.2M-31.5M-3.0M-116.0M
Income Tax i-4.7M-3.9M2.7M8.0M-38.0M
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-31.3M-125.3M-34.2M-11.0M-78.0M
Net Margin % i-4.7%-19.6%-5.8%-1.9%-43.8%
Key Metrics
EBITDA i62.3M58.6M77.1M121.0M-53.0M
EPS (Basic) i$-0.50$-2.03$-0.55$-0.21$-1.53
EPS (Diluted) i$-0.50$-2.03$-0.55$-0.21$-2.00
Basic Shares Outstanding i6256582861735000621309095278972151000000
Diluted Shares Outstanding i6256582861735000621309095278972151000000

Income Statement Trend

Atlanta Braves Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i110.1M125.1M150.7M142.0M151.0M
Short-term Investments i-----
Accounts Receivable i50.0M62.9M70.2M40.0M30.0M
Inventory i-----
Other Current Assets16.6M17.4M24.3M148.0M63.0M
Total Current Assets i179.1M218.0M267.4M330.0M244.0M
Non-Current Assets
Property, Plant & Equipment i000--
Goodwill i475.2M475.2M475.2M524.0M527.0M
Intangible Assets i123.7M123.7M123.7M164.0M167.0M
Long-term Investments-----
Other Non-Current Assets129.0M120.9M99.5M75.0M87.0M
Total Non-Current Assets i1.3B1.3B1.2B1.3B1.3B
Total Assets i1.5B1.5B1.5B1.6B1.6B
Liabilities
Current Liabilities
Accounts Payable i63.7M73.1M54.7M66.0M53.0M
Short-term Debt i104.2M42.2M74.8M12.0M59.0M
Current Portion of Long-term Debt-----
Other Current Liabilities6.9M6.4M6.4M6.0M6.0M
Total Current Liabilities i286.7M233.7M240.9M136.0M173.0M
Non-Current Liabilities
Long-term Debt i616.8M630.7M574.4M685.0M611.0M
Deferred Tax Liabilities i43.5M50.4M54.1M65.0M52.0M
Other Non-Current Liabilities34.1M33.7M306.4M454.0M444.0M
Total Non-Current Liabilities i701.0M730.0M950.2M1.2B1.1B
Total Liabilities i987.6M963.7M1.2B1.3B1.3B
Equity
Common Stock i624.0K619.0K05.0M-
Retained Earnings i-585.6M-554.4M-429.1M12.7B-
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i536.2M540.6M299.5M296.0M291.0M
Key Metrics
Total Debt i721.0M672.9M649.2M697.0M670.0M
Working Capital i-107.5M-15.7M26.5M194.0M71.0M

Balance Sheet Composition

Atlanta Braves Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-31.3M-125.3M-34.2M-11.0M-78.0M
Depreciation & Amortization i62.8M71.0M71.7M72.0M69.0M
Stock-Based Compensation i16.5M13.2M12.2M12.0M6.0M
Working Capital Changes i-15.8M-42.8M9.9M-44.0M12.0M
Operating Cash Flow i52.2M-90.5M51.6M57.0M-19.0M
Investing Activities
Capital Expenditures i-----
Acquisitions i-334.0K-125.0K-5.3M00
Investment Purchases i-----
Investment Sales i--48.0M2.0M0
Investing Cash Flow i-294.0K-15.0K118.2M10.0M4.0M
Financing Activities
Share Repurchases i---395.0M00
Dividends Paid i--000
Debt Issuance i144.9M83.0M154.8M117.0M228.0M
Debt Repayment i-102.4M-56.2M-309.6M-93.0M-114.0M
Financing Cash Flow i44.6M32.3M-572.2M22.0M105.0M
Free Cash Flow i-69.4M-67.4M35.7M27.0M-136.0M
Net Change in Cash i96.5M-58.2M-402.4M89.0M90.0M

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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
batra2.9B-98.716.35-4.32%-3.18%162.71
Netflix 499.1B50.0020.0043.55%24.58%67.87
Walt Disney 216.4B24.572.088.89%9.48%39.43
Endeavor 9.5B42.292.28-4.88%-11.00%63.00
Paramount Global 9.2B-2.500.95-27.75%-19.09%91.72
Paramount Global 9.4B-1.420.54-27.75%-19.09%91.72

Financial data is updated regularly. All figures are in the company's reporting currency.