Atlanta Braves Holdings, Inc.

BATRA Communication Services Entertainment

Atlanta Braves Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $732.5 million, up 10.5% from fiscal 2024.

Revenue
+4.20%
EPS
−68.8%
Free cash flow
+33.8%
Total debt
+5.71%

Quarter to September 2026, against a year earlier

55.85 0.56 −0.99%
Market cap
$3.3B
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
6/9
Altman Z
1.22
Beneish M
−3.02
Dividend safety
n/a

Atlanta Braves Holdings, Inc. (BATRA) Operating margin

Alert me on Operating margin

Atlanta Braves Holdings, Inc.'s operating margin over the twelve months to 30 September 2026 was −13.2%, down 11.4 percentage points from fiscal 2025 (−1.85%). Over the past ten years it has ranged from −7.25% (fiscal 2023) to 6.83% (fiscal 2021); the current reading is higher than 80% of that period. That is below the Entertainment industry median of 2.30% and below the Communication Services sector median of 0.58%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −1.85% 4.13
FY2024 −5.98% 1.27
FY2023 −7.25% (2.05)
FY2022 −5.20% (12.03)
FY2021 6.83% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 2.67% 8.75
Jun 2026 −6.08% 51.21
Mar 2026 −57.3% 23.93
Dec 2025 −81.2% (93.72)
13 more quarters

Against its own ten years

Low −7.25% High 6.83%
Ten-year median −5.20%
Current reading's percentile 8

Operating margin against peers

Company Operating margin
IMAX IMAX Corporation compare 20.2%
MSGE Madison Square Garden Entertainment Corp. compare 13.3%
CNK Cinemark Holdings Inc compare 13.0%
LION Lionsgate Studios Corp. compare 4.62%
AMC AMC Entertainment Holdings, Inc. compare 4.36%
MANU Manchester United Ltd. compare 3.34%
BATRK Atlanta Braves Holdings, Inc. compare 0.00%
BATRA Atlanta Braves Holdings, Inc. −9.42%
SPHR Sphere Entertainment Co. compare −11.4%
Entertainment industry median 2.30%
Communication Services sector median 0.58%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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