Atlanta Braves Holdings, Inc.
BATRACommunication ServicesNASDAQEntertainment
Scan Results
Daily timeframeAtlanta Braves Holdings, Inc., through its subsidiary, Braves Holdings, LLC, owns and operates the Atlanta Braves Major League Baseball Club in the United States. At a $3.46B market cap, Atlanta Braves Holdings, Inc. ranks as a mid-cap company within communication services. It operates through Baseball and Mixed-Use Development segments.
Market Cap
$3.46B
Beta
0.83
P/E (TTM)
—
P/E (Fwd)
-117.13
EPS (TTM)
$-0.34
EPS (Fwd)
$-0.46
ROE
-4.3%
ROA
0.8%
Cash
$135.2M
Total Debt
$817.1M
Free CF
-$6.1M
52W Change
24.0%
Annual Financials
Cash vs Debt
On the balance sheet, BATRA has $135.2M in cash with $817.1M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$6.1M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -4.3%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.8% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $588.6M (2022) to $732.5M (2025), reflecting a 24% increase over the period.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Atlanta Braves Holdings, Inc. and its sector.