Atlanta Braves Holdings, Inc.

BATRANASDAQCommunication Services● Active

$53.61

$-0.29(-0.54%)

Market Cap$3.4B

P/E Ratio—

52W High$56.06

52W Low$41.5

Avg Volume61K

Open$54.30

Beta0.81

Free Cash Flow Financials Revenue

Atlanta Braves Holdings, Inc. (BATRA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

BATRA · free cash flow · updated Jun 8, 2026

Core FCF metrics

BATRA · FCF · TTM · margin & CAGR

Free cash flow was −$119.8M for FY2025 (fiscal year ending 2025-12-31), down 72.7% year-over-year The FCF margin was -16.4%.

FY2025 Free Cash Flow−$119.8M▼ -72.7% YoY

Trailing 12M (TTM)$140.9MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-16.4%−$119.8M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

BATRA · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$25.2M(145M)−$119.8M▼ 72.7%-16.4%

FY2024$16.6M(86M)−$69.4M▼ 2.9%-10.5%

FY2023$1.6M(69M)−$67.4M▼ 288.9%-10.5%

FY2022$53.3M(18M)$35.7M▲ +32.1%6.1%

FY2021$62.0M(35M)$27.0M▲ +119.9%4.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

BATRA · P/FCF · FCF yield · FCF per share

Atlanta Braves Holdings, Inc. (BATRA) trades at a FCF yield of 4.17% and a price-to-free-cash-flow ratio of 23.7x. FCF per share stands at $2.26, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.17%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.26

TTM FCF ÷ Shares Outstanding

Price / FCF

x23.7

Share Price ÷ FCF per Share

EV / FCF (TTM)

x50.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

BATRA · cash flow statement · operating / investing / financing

For FY2025, Atlanta Braves Holdings, Inc. generated $25.2M in operating cash flow and spent 145M in capital expenditures, yielding −$119.8M in free cash flow.

Operating Activities

+$25.2M

Cash from core business operations

2025-12-31

Investing Activities

−$145.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$118.8M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($25.2M) − |CapEx| (145M) = FCF (−$119.8M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

BATRA vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Atlanta Braves Holdings, Inc.YOU

BATRA

−$119.8M-72.7%-16.4%

Loss

About Free Cash Flow & Methodology

Atlanta Braves Holdings, Inc. (BATRA) reported free cash flow of −$119.8M for FY2025 (fiscal year ending 2025-12-31), down 72.7% year-over-year. The FCF margin was -16.4%.

Based on available data, Atlanta Braves Holdings, Inc. has maintained positive free cash flow for at least 5 fiscal year(s). FCF peaked at $70.0M in FY2018.

Atlanta Braves Holdings, Inc.'s FCF yield is 4.17% and price-to-FCF ratio is 23.7x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

BATRA free cash flow · 8 questions

Atlanta Braves Holdings, Inc. free cash flow was −$119.8M for FY2025, down 72.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $140.9M.

BATRA free cash flowBATRA FCFBATRA FCF 2025BATRA free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Atlanta Braves Holdings, Inc. · Atlanta Braves Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026