Atlanta Braves Holdings vs Liberty Live Holdings
Atlanta Braves Holdings is the larger business, with $732m of revenue in fiscal 2025 against $382m for Liberty Live Holdings (1.9 times as much). Liberty Live Holdings grew faster (12.2% against 10.5%). Atlanta Braves Holdings kept more of each dollar of sales as profit: a net margin of -3.2% against -22.8%.
| Latest fiscal year | Atlanta Braves HoldingsBATRA, 2025 | Liberty Live HoldingsLLYVK, 2025 |
|---|---|---|
| Revenue | $732m | $382m |
| Revenue growth | 10.5% | 12.2% |
| Net income | −$23.4m | −$87.0m |
| Operating margin | -1.8% | -13.5% |
| Net margin | -3.2% | -22.8% |
| Return on equity | -4.5% | — |
| Free cash flow | −$68.5m | — |
| Cash | $99.9m | $545m |
| Total debt | $739m | $1.67bn |
| Debt to equity | 140.4% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 1,610 | 300 |
| Market value | $3.66bn | $9.80bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 11 buys, 20 sales | 1 buys, 1 sales |