vs

Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and Atlanta Braves Holdings, Inc. (BATRA). Click either name above to swap in a different company.

Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $61.3M, roughly 1.3× Atlanta Braves Holdings, Inc.). Ardmore Shipping Corp runs the higher net margin — 15.7% vs -67.6%, a 83.4% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs -15.5%). Over the past eight quarters, Ardmore Shipping Corp's revenue compounded faster (-6.0% CAGR vs -52.5%).

Ardmore Shipping Corp is a global maritime transport company that owns and operates a fleet of mid-sized product and chemical tankers. It provides seaborne transport for petroleum products, specialty chemicals and bulk liquid commodities, serving energy, chemical and trading clients across key international trade routes.

Atlanta Braves Holdings, Inc. is a sports and entertainment holding company that owns and operates the Atlanta Braves MLB franchise. It also manages adjacent mixed-use real estate, live events, merchandise sales, and media operations, serving fans across the U.S. Southeast and global baseball audiences.

ASC vs BATRA — Head-to-Head

Bigger by revenue
ASC
ASC
1.3× larger
ASC
$81.2M
$61.3M
BATRA
Growing faster (revenue YoY)
BATRA
BATRA
+33.1% gap
BATRA
17.6%
-15.5%
ASC
Higher net margin
ASC
ASC
83.4% more per $
ASC
15.7%
-67.6%
BATRA
Faster 2-yr revenue CAGR
ASC
ASC
Annualised
ASC
-6.0%
-52.5%
BATRA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASC
ASC
BATRA
BATRA
Revenue
$81.2M
$61.3M
Net Profit
$12.8M
$-41.4M
Gross Margin
Operating Margin
16.1%
-81.2%
Net Margin
15.7%
-67.6%
Revenue YoY
-15.5%
17.6%
Net Profit YoY
-47.0%
-116.7%
EPS (diluted)
$0.30
$-0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASC
ASC
BATRA
BATRA
Q4 25
$61.3M
Q3 25
$81.2M
$311.5M
Q2 25
$72.0M
$312.4M
Q1 25
$74.0M
$47.2M
Q4 24
$52.1M
Q3 24
$96.1M
$290.7M
Q2 24
$121.3M
$282.9M
Q1 24
$106.3M
Net Profit
ASC
ASC
BATRA
BATRA
Q4 25
$-41.4M
Q3 25
$12.8M
$30.0M
Q2 25
$9.6M
$29.5M
Q1 25
$6.3M
$-41.4M
Q4 24
$-19.1M
Q3 24
$24.1M
$10.0M
Q2 24
$62.7M
$29.1M
Q1 24
$39.2M
Operating Margin
ASC
ASC
BATRA
BATRA
Q4 25
-81.2%
Q3 25
16.1%
12.5%
Q2 25
13.5%
13.4%
Q1 25
8.6%
-94.2%
Q4 24
-35.8%
Q3 24
25.4%
2.2%
Q2 24
51.3%
8.8%
Q1 24
37.2%
Net Margin
ASC
ASC
BATRA
BATRA
Q4 25
-67.6%
Q3 25
15.7%
9.6%
Q2 25
13.3%
9.4%
Q1 25
8.5%
-87.7%
Q4 24
-36.7%
Q3 24
25.1%
3.4%
Q2 24
51.7%
10.3%
Q1 24
36.9%
EPS (diluted)
ASC
ASC
BATRA
BATRA
Q4 25
$-0.64
Q3 25
$0.30
$0.47
Q2 25
$0.22
$0.46
Q1 25
$0.14
$-0.66
Q4 24
$-0.29
Q3 24
$0.55
$0.16
Q2 24
$1.47
$0.46
Q1 24
$0.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASC
ASC
BATRA
BATRA
Cash + ST InvestmentsLiquidity on hand
$99.9M
Total DebtLower is stronger
$116.1M
$738.6M
Stockholders' EquityBook value
$628.2M
$526.0M
Total Assets
$799.8M
$1.6B
Debt / EquityLower = less leverage
0.18×
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASC
ASC
BATRA
BATRA
Q4 25
$99.9M
Q3 25
$82.2M
Q2 25
$96.2M
Q1 25
$244.7M
Q4 24
$110.1M
Q3 24
$100.9M
Q2 24
$121.2M
Q1 24
Total Debt
ASC
ASC
BATRA
BATRA
Q4 25
$738.6M
Q3 25
$116.1M
$759.9M
Q2 25
$25.0M
$703.1M
Q1 25
$20.5M
$699.5M
Q4 24
$617.1M
Q3 24
$22.5M
$640.1M
Q2 24
$44.2M
$600.0M
Q1 24
$23.1M
Stockholders' Equity
ASC
ASC
BATRA
BATRA
Q4 25
$526.0M
Q3 25
$628.2M
$560.3M
Q2 25
$618.3M
$522.8M
Q1 25
$610.7M
$486.1M
Q4 24
$524.2M
Q3 24
$627.0M
$530.4M
Q2 24
$617.7M
$512.7M
Q1 24
$567.9M
Total Assets
ASC
ASC
BATRA
BATRA
Q4 25
$1.6B
Q3 25
$799.8M
$1.7B
Q2 25
$703.8M
$1.7B
Q1 25
$690.4M
$1.7B
Q4 24
$1.5B
Q3 24
$722.8M
$1.6B
Q2 24
$742.0M
$1.6B
Q1 24
$704.1M
Debt / Equity
ASC
ASC
BATRA
BATRA
Q4 25
1.40×
Q3 25
0.18×
1.36×
Q2 25
0.04×
1.34×
Q1 25
0.03×
1.44×
Q4 24
1.18×
Q3 24
0.04×
1.21×
Q2 24
0.07×
1.17×
Q1 24
0.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASC
ASC
BATRA
BATRA
Operating Cash FlowLast quarter
$17.9M
$26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.40×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASC
ASC
BATRA
BATRA
Q4 25
$26.4M
Q3 25
$17.9M
$-88.8M
Q2 25
$11.2M
$-8.1M
Q1 25
$26.3M
$95.8M
Q4 24
$28.9M
Q3 24
$39.9M
$-69.0M
Q2 24
$48.4M
$-34.3M
Q1 24
$49.2M
Free Cash Flow
ASC
ASC
BATRA
BATRA
Q4 25
Q3 25
Q2 25
$-82.3M
Q1 25
$76.3M
Q4 24
$16.8M
Q3 24
$-85.5M
Q2 24
$-64.1M
Q1 24
FCF Margin
ASC
ASC
BATRA
BATRA
Q4 25
Q3 25
Q2 25
-26.3%
Q1 25
161.5%
Q4 24
32.3%
Q3 24
-29.4%
Q2 24
-22.7%
Q1 24
Capex Intensity
ASC
ASC
BATRA
BATRA
Q4 25
0.0%
Q3 25
0.0%
Q2 25
23.7%
Q1 25
41.3%
Q4 24
23.2%
Q3 24
5.7%
Q2 24
10.5%
Q1 24
Cash Conversion
ASC
ASC
BATRA
BATRA
Q4 25
Q3 25
1.40×
-2.96×
Q2 25
1.17×
-0.28×
Q1 25
4.20×
Q4 24
Q3 24
1.65×
-6.89×
Q2 24
0.77×
-1.18×
Q1 24
1.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASC
ASC

Segment breakdown not available.

BATRA
BATRA

Baseball$34.8M57%
Mixed Use Development Segment$26.5M43%

Related Comparisons