Atlanta Braves Holdings, Inc.(BATRA)Stock Analysis
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Rank #2,338 of 2,879 stocks
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BATRA Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Atlanta Braves Holdings, Inc. (BATRA), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores BATRA at 30.8/100 on a 32-signal composite quality model, placing it at rank #2,338 of 2,879 stocks — the bottom half of the AI-ranked universe. BATRA scores in the top quartile across institutional flow (88.7). Areas of concern include revenue growth (12.4) and free cash flow (22.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 40.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Atlanta Braves Holdings, Inc. reports quarterly revenue of $72.0M, net income of $-40.5M, free cash flow of $62.5M. Top institutional holders of BATRA by reported 13-F value include BlackRock,, Broad Bay Capital Management,, GAMCO INVESTORS, ET AL, based on the most recent SEC filings. BATRA trades on the Nasdaq exchange and files with the SEC under CIK 1958140. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BATRA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Atlanta Braves Holdings, Inc. directly from SEC EDGAR. Atlanta Braves Holdings, Inc.'s 13F Pro composite quality score has ranged between 28 and 49 since 2024, currently 30.8 — a declining long-term trajectory across 18 quarterly and live scoring snapshots.
Revenue
Q1 2026
$72.0M
Net Income
Q1 2026
$-40.5M
Free Cash Flow
Q1 2026
$62.5M
ROIC
Q1 2026
-3.4%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+3.4% YoYNet Income
+75.0% YoYOperating Income
+14.6% YoYEPS (Diluted)
+75.4% YoYTotal Assets
+1.3% YoYTotal Debt
+18.0% YoYOp. Cash Flow
+922.8% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Revenue | $662.7M +3.4% | $640.7M +8.9% | $588.6M | — |
| Net Income | $-31.3M +75.0% | $-125.3M -266.7% | $-34.2M | — |
| Operating Income | $-39.7M +14.6% | $-46.4M -51.9% | $-30.6M | — |
| EPS (Diluted) | $-0.50 +75.4% | $-2.03 -269.1% | $-0.55 | — |
| Total Assets | $1.52B +1.3% | $1.50B +0.9% | $1.49B | — |
| Total Debt | $721.3M +18.0% | $611.4M -0.9% | $616.8M | — |
| Operating Cash Flow | $16.6M +922.8% | $1.6M -97.0% | $53.3M | — |
AI Insight: BATRA Financial Trends
Debt has surged 25% year-over-year to $925M in Q1 2026 while off-season losses deepen, overshadowing in-season revenue stability.
• Revenue in peak quarters (Q2–Q3) held steady at $312M in both Q2 and Q3 2025, flat versus $283M–$291M in 2024.
• Operating income in Q2 2025 improved to $42M from $25M in Q2 2024, a meaningful year-over-year margin gain.
• Total debt climbed from $738M in Q2 2024 to $925M in Q1 2026, a $187M increase over six quarters.
• Off-season net losses widened: Q1 2026 loss of $40M and Q4 2025 loss of $41M versus $19M and $41M in prior-year periods.
⚠ Debt rose to $954M in Q4 2025 and remains elevated at $925M in Q1 2026 — leverage trajectory warrants close monitoring.
⚠ Operating cash flow has been negative in every peak-season quarter; Q3 2025 outflow deepened to $-89M from $-69M in Q3 2024.
⚠ Equity has fluctuated narrowly between $486M and $560M — book value stability depends on in-season profitability holding up.
AI Insight: BATRA Ratio Trends
Severe Q4/Q1 seasonal losses are deepening year-over-year, pushing TTM operating margin into negative territory at -1.4% despite strong in-season profitability.
• In-season quarters remain profitable: Q2 and Q3 2025 posted operating margins of 13.4% and 12.5%, broadly in line with Q2 2024's 8.8%.
• Off-season losses are worsening: Q4 2025 operating margin was -81.2% and Q1 2026 was -57.3%, versus -35.8% and -94.2% in the prior year periods.
• Leverage has risen, with D/E climbing from 1.38 in Q4 2024 to 1.81 in Q4 2025 and holding at 1.78 in Q1 2026.
• TTM ROIC stands at -0.7% and TTM ROE at -4.3%, reflecting the drag of back-to-back large off-season loss quarters on trailing returns.
⚠ Q4 operating margin deteriorated sharply from -35.8% in Q4 2024 to -81.2% in Q4 2025 — monitor whether off-season cost inflation is structural.
⚠ D/E ratio hit 1.81 in Q4 2025, the highest in the dataset; rising leverage during loss quarters warrants close attention to debt servicing capacity.
⚠ Q2 2026 in-season margin will be the key inflection test — any deterioration from Q2 2025's 13.4% would signal fundamental erosion, not just seasonality.
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Top Institutional Holders of BATRA
BlackRock, Inc.
$146.5M3,429,800 shBroad Bay Capital Management, LP
$116.7M2,734,120 shGAMCO INVESTORS, INC. ET AL
$102.5M2,173,206 shHAWK RIDGE CAPITAL MANAGEMENT LP
$95.5M2,237,700 shARISTEIA CAPITAL, L.L.C.
$87.7M2,053,678 shVANGUARD CAPITAL MANAGEMENT LLC
$85.8M2,010,481 shTroluce Capital Advisors LLC
$85.4M2,000,000 shCI INVESTMENTS INC.
$72.6M1,699,706 shSixth Street Partners Management Company, L.P.
$66.3M1,553,822 shGAMCO INVESTORS, INC. ET AL
$56.9M1,332,063 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $146.5M | 3,429,800 |
| Broad Bay Capital Management, LP | $116.7M | 2,734,120 |
| GAMCO INVESTORS, INC. ET AL | $102.5M | 2,173,206 |
| HAWK RIDGE CAPITAL MANAGEMENT LP | $95.5M | 2,237,700 |
| ARISTEIA CAPITAL, L.L.C. | $87.7M | 2,053,678 |
| VANGUARD CAPITAL MANAGEMENT LLC | $85.8M | 2,010,481 |
| Troluce Capital Advisors LLC | $85.4M | 2,000,000 |
| CI INVESTMENTS INC. | $72.6M | 1,699,706 |
| Sixth Street Partners Management Company, L.P. | $66.3M | 1,553,822 |
| GAMCO INVESTORS, INC. ET AL | $56.9M | 1,332,063 |
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Popular Research
Is BATRA a good stock to buy?
13F Pro's AI-powered analysis of Atlanta Braves Holdings, Inc. (BATRA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BATRA are available on the BATRA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BATRA?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BATRA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Atlanta Braves Holdings, Inc.'s investment landscape.