BATRK - Atlanta Braves Holdings, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$49.50
DETAILS
HIGH:
$54.00
LOW:
$45.00
MEDIAN:
$49.50
CONSENSUS:
$49.50
UPSIDE:
0.00%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 732.5 | 662.7 | 640.7 | 588.6 | 563.7 | 178 | 476 | 442 | 386 | 262 | 243 | 250 | 260 | 225 |
| Cost of Revenue | 587.0 | 513.9 | 491.2 | 436.5 | 376.3 | 0 | 0 | 0 | 0 | 0 | 0 | 1,631.5 | 0 | 159 |
| Gross Profit | 145.5 | 148.8 | 149.4 | 152.1 | 187.4 | 178 | 476 | 442 | 386 | 262 | 243 | (1,381.5) | 260 | 66 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48.8 | 0 | 48,843 |
| SG&A Expenses | 128.9 | 0 | 0 | 0 | 0 | 0 | 0 | 118 | 151 | 67 | 61 | 58 | 58 | 48 |
| Other Expenses | 0 | 188.5 | 195.9 | 182.6 | 168.1 | 306 | 515 | 11 | (12) | (27) | 954 | 338.9 | (3,329) | 338,910 |
| Operating Expenses | 128.9 | 188.5 | 195.9 | 182.6 | 168.1 | 306 | 515 | 441 | 499 | 323 | 954 | 287 | 248 | 68 |
| Operating Income | ||||||||||||||
| Operating Income | 16.6 | (39.7) | (46.4) | (30.6) | 19.2 | (128) | (39) | 1 | (113) | (61) | 954 | (47) | 7 | (6) |
| Interest Expense | 46.4 | 38.8 | 37.7 | 29.6 | 24 | 26 | 27 | 26 | 15 | 1 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 |
| Profitability | ||||||||||||||
| EBITDA | 92.2 | 20.1 | 22.1 | 42.6 | 90.3 | (59) | 32 | 98 | 20 | (29) | 954 | (18) | 32 | 18 |
| EBIT | 16.6 | (37.7) | (44.2) | (24.5) | 19.2 | (128) | (39) | 22 | (47) | (78) | (144) | (302.3) | (204) | (265,324) |
| Income Before Tax | (24.1) | (35.9) | (121.4) | (31.5) | (3.3) | (116) | (62) | (4) | (62) | (79) | 184 | (37) | 11 | (3) |
| Income Tax Expense | (0.8) | (4.7) | 3.9 | 2.7 | 9.7 | (38) | 15 | (15) | (36) | (17) | 0 | (13) | 5 | (1) |
| Net Income | (23.4) | (31.3) | (125.3) | (34.2) | (13.0) | (78) | (77) | 5 | (25) | (62) | 184 | (24) | 6 | (2) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | -0.37 | -0.50 | -2.02 | -0.55 | -0.21 | -1.30 | -1.26 | 0.08 | -0.51 | -1.35 | 0.09 | -0.01 | 0.00 | -0.05 |
| EPS (Diluted) | -0.37 | -0.50 | -2.02 | -0.55 | -0.21 | -1.30 | -1.26 | 0.08 | -0.42 | -1.13 | 0.05 | -0.00 | 0.00 | -0.03 |
| Shares Outstanding | 62.5 | 61.2 | 61.9 | 61.7 | 61.7 | 60 | 61 | 61 | 49 | 46 | 2,129.2 | 4,209.1 | 4,209.1 | 42.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 111.6 | 110.1 | 125.1 | 150.7 | 142 | 151 | 142 | 107 | 132 | 107 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 33.6 | 50.0 | 62.9 | 70.2 | 40 | 30 | 28 | 21 | 32 | 15 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 13.6 | 19.0 | 29.9 | 46.5 | 148 | 63 | 97 | 129 | 56 | 17 |
| Total Current Assets | 158.7 | 179.1 | 218.0 | 267.4 | 330 | 244 | 267 | 257 | 220 | 139 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 0 | 807.5 | 769.4 | 729.8 | 777 | 799 | 795 | 1,041 | 1,099 | 930 |
| Goodwill | 175.8 | 175.8 | 175.8 | 175.8 | 180 | 180 | 180 | 180 | 180 | 180 |
| Intangible Assets | 123.7 | 123.7 | 123.7 | 123.7 | 164 | 167 | 177 | 180 | 192 | 216 |
| Long-Term Investments | 116.8 | 108.8 | 99.2 | 94.6 | 110 | 94 | 99 | 100 | 153 | 69 |
| Other Non-Current Assets | 1,040.0 | 129.0 | 118.2 | 99.5 | 75 | (2,039) | 75 | 47 | 22 | 14 |
| Total Non-Current Assets | 1,456.2 | 1,344.7 | 1,286.3 | 1,223.3 | 1,306 | 1,327 | 1,326 | 1,548 | 1,646 | 1,409 |
| Total Assets | 1,615.0 | 1,523.8 | 1,504.3 | 1,490.7 | 1,636 | 1,571 | 1,593 | 1,805 | 1,866 | 1,548 |
| Current Liabilities | ||||||||||
| Account Payables | 43.5 | 63.7 | 73.1 | 54.7 | 66 | 18 | 63 | 8 | 19 | 124 |
| Short-Term Debt | 215.3 | 104.2 | 42.2 | 74.8 | 12 | 59 | 59 | 14 | 13 | 0 |
| Deferred Revenue | 109.8 | 111.9 | 112.0 | 105.0 | 83 | 90 | 70 | 54 | 51 | 44 |
| Other Current Liabilities | 8.4 | 6.9 | 6.4 | 6.4 | 6 | 6 | 5 | 8 | 8 | 0 |
| Total Current Liabilities | 377.0 | 286.7 | 233.7 | 240.9 | 136 | 173 | 188 | 84 | 91 | 168 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 621.9 | 512.9 | 527.1 | 467.2 | 685 | 611 | 495 | 477 | 649 | 328 |
| Deferred Tax Liabilities | 41.3 | 43.5 | 50.4 | 54.1 | 65 | 52 | 61 | 69 | 62 | 48 |
| Other Non-Current Liabilities | 36.6 | 40.7 | 48.9 | 321.8 | 454 | 444 | 471 | 806 | 699 | 652 |
| Total Non-Current Liabilities | 699.7 | 701.0 | 730.0 | 950.2 | 1,204 | 1,107 | 1,027 | 1,283 | 1,348 | 980 |
| Total Liabilities | 1,076.8 | 987.6 | 963.7 | 1,191.2 | 1,340 | 1,280 | 1,215 | 1,367 | 1,439 | 1,148 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.6 | 0.6 | 0 | 5 | 291 | 0 | 446 | 413 | 385 |
| Retained Earnings | (609.0) | (585.6) | (554.4) | (429.1) | 12,718 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | (2.7) | (3.4) | (7.3) | (3.8) | (5) | 0 | 0 | (96) | (51) | (13) |
| Total Stockholders' Equity | 526.0 | 524.2 | 528.6 | 299.5 | 296 | 291 | 378 | 446 | 413 | 385 |
| Total Liabilities & Equity | 1,615.0 | 1,523.8 | 1,504.3 | 1,490.7 | 1,636 | 1,571 | 1,593 | 1,805 | 1,866 | 1,548 |
| Debt Metrics | ||||||||||
| Total Debt | 837.2 | 721.0 | 672.9 | 649.2 | 697 | 670 | 554 | 491 | 662 | 328 |
| Net Debt | 725.6 | 610.8 | 547.7 | 498.5 | 555 | 519 | 412 | 384 | 530 | 221 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (23.3) | (31.3) | (125.3) | (35) | (11) | (78) | (77) | 11 | (26) | (62) |
| Depreciation & Amortization | 75.6 | 62.8 | 71.0 | 71 | 72 | 69 | 71 | 76 | 67 | 32 |
| Stock-Based Compensation | 15.6 | 16.5 | 13.2 | 12.2 | 12 | 6 | 17 | 11 | 48 | 9 |
| Change in Working Capital | (71.9) | (17.5) | (29.7) | (9) | (44) | 12 | (12) | (14) | (72) | 88 |
| Other Non-Cash Items | 31.7 | (4.6) | 80.3 | 5.8 | 25 | (26) | 76 | 34 | (22) | 40 |
| Operating Cash Flow | 25.2 | 16.6 | 1.6 | 53 | 62 | (55) | 75 | 103 | (42) | 89 |
| Investing Activities | ||||||||||
| Capital Expenditure | (145.0) | (86.0) | (69.0) | (18) | (35) | (81) | (103) | (33) | (219) | (360) |
| Acquisitions | 0 | 0 | (0.1) | 23 | 0 | 0 | 0 | 0 | (2) | (20) |
| Purchases of Investments | 0 | (0.3) | 0 | (0.1) | 0 | 0 | 0 | 0 | 219 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 48 | 2 | 0 | 0 | 155 | 5 | 0 |
| Other Investing Activities | (145.0) | 0.0 | 0.1 | 0.1 | 8 | 4 | (4) | 37 | (224) | (33) |
| Investing Cash Flow | (145.0) | (86.3) | (69.1) | 53 | (25) | (77) | (107) | 159 | (221) | (413) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 116.7 | 42.5 | 26.8 | (154.9) | 24 | 114 | 65 | (194) | 326 | 184 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (1) | (4) | 0 | (30) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (6.9) | 2.1 | 5.5 | (22.8) | (2) | (8) | (7) | (18) | (30) | 31 |
| Financing Cash Flow | 118.8 | 44.6 | 32.3 | (177) | 22 | 105 | 54 | (212) | 288 | 418 |
| Cash Position | ||||||||||
| Net Change in Cash | (1.0) | (25.1) | (35.1) | (71) | 59 | (27) | 22 | 50 | 25 | 94 |
| Cash at Beginning | 112.6 | 137.7 | 172.8 | 244 | 185 | 212 | 190 | 140 | 107 | 13 |
| Cash at End | 111.6 | 112.6 | 137.7 | 173 | 244 | 185 | 212 | 190 | 132 | 107 |
| Free Cash Flow | (119.8) | (69.4) | (67.4) | 35 | 27 | (136) | (28) | 70 | (261) | (271) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 732.5 | 662.7 | 640.7 | 588.6 | 563.7 | 178 | 476 | 442 | 386 | 262 | 243 | 250 | 260 | 225 |
| Gross Profit | 145.5 | 148.8 | 149.4 | 152.1 | 187.4 | 178 | 476 | 442 | 386 | 262 | 243 | (1,381.5) | 260 | 66 |
| Operating Income | 16.6 | (39.7) | (46.4) | (30.6) | 19.2 | (128) | (39) | 1 | (113) | (61) | 954 | (47) | 7 | (6) |
| Net Income | (23.4) | (31.3) | (125.3) | (34.2) | (13.0) | (78) | (77) | 5 | (25) | (62) | 184 | (24) | 6 | (2) |
| EPS (Diluted) | -0.37 | -0.50 | -2.02 | -0.55 | -0.21 | -1.30 | -1.26 | 0.08 | -0.42 | -1.13 | 0.05 | -0.00 | 0.00 | -0.03 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 111.6 | 110.1 | 125.1 | 150.7 | 142 | 151 | 142 | 107 | 132 | 107 | ||||
| Total Assets | 1,615.0 | 1,523.8 | 1,504.3 | 1,490.7 | 1,636 | 1,571 | 1,593 | 1,805 | 1,866 | 1,548 | ||||
| Total Debt | 837.2 | 721.0 | 672.9 | 649.2 | 697 | 670 | 554 | 491 | 662 | 328 | ||||
| Stockholders' Equity | 526.0 | 524.2 | 528.6 | 299.5 | 296 | 291 | 378 | 446 | 413 | 385 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 25.2 | 16.6 | 1.6 | 53 | 62 | (55) | 75 | 103 | (42) | 89 | ||||
| Capital Expenditure | (145.0) | (86.0) | (69.0) | (18) | (35) | (81) | (103) | (33) | (219) | (360) | ||||
| Free Cash Flow | (119.8) | (69.4) | (67.4) | 35 | 27 | (136) | (28) | 70 | (261) | (271) | ||||