Atlanta Braves Holdings, Inc. (BATRK) intrinsic value & 10-year financials

Atlanta Braves Holdings, Inc. (BATRK) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 5 fiscal years revenue grew 7.6% a year to $732.5M, with an average return on invested capital of -3.2%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$48.82
Market cap
$3.1B
Revenue (FY2025)
$732.5M
Revenue growth (5-yr CAGR)
7.6%
ROIC (10-yr avg)
-3.2%
Free cash flow (FY2025)
-$68.5M

BATRK 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $732.5M -$23.4M -$0.37 -$68.5M -1.8% -1.1%
FY2024 $662.7M -$31.3M -$0.50 -$69.4M -6.0% -3.1%
FY2023 $640.7M -$125.3M -$2.03 -$67.4M -7.2% -4.8%
FY2022 $588.6M -$34.2M -$0.55 $35.7M -5.2% -3.8%
FY2021 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Atlanta Braves Holdings, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Atlanta Braves Holdings, Inc. has historically struggled to out-earn its cost of capital, averaging just -3.2% ROIC.

Atlanta Braves Holdings, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Atlanta Braves Holdings, Inc. is modeled at 7.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-7.54 per share.

BATRK stock: frequently asked questions

What is the intrinsic value of Atlanta Braves Holdings, Inc. (BATRK) stock?

Graham's formula only works with positive earnings. Atlanta Braves Holdings, Inc. reported diluted EPS of -$0.37 in fiscal 2025, so no Graham value is shown. The 10-year table shows revenue and cash-flow trends instead.

Does Atlanta Braves Holdings, Inc. generate free cash flow?

Atlanta Braves Holdings, Inc. generated -$68.5M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 1 of the last 4 reported years.

What is BATRK's return on invested capital?

Average ROIC over the last 5 fiscal years was -3.2%, and average return on equity was -13.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BATRK data come from?

From Atlanta Braves Holdings, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 5, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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