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Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and BYLINE BANCORP, INC. (BY). Click either name above to swap in a different company.

BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $61.3M, roughly 1.8× Atlanta Braves Holdings, Inc.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -67.6%, a 101.0% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs 9.0%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -52.5%).

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.

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

BATRA vs BY — Head-to-Head

Bigger by revenue
BY
BY
1.8× larger
BY
$112.4M
$61.3M
BATRA
Growing faster (revenue YoY)
BATRA
BATRA
+8.6% gap
BATRA
17.6%
9.0%
BY
Higher net margin
BY
BY
101.0% more per $
BY
33.4%
-67.6%
BATRA
Faster 2-yr revenue CAGR
BY
BY
Annualised
BY
6.4%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BATRA
BATRA
BY
BY
Revenue
$61.3M
$112.4M
Net Profit
$-41.4M
$37.6M
Gross Margin
Operating Margin
-81.2%
Net Margin
-67.6%
33.4%
Revenue YoY
17.6%
9.0%
Net Profit YoY
-116.7%
33.0%
EPS (diluted)
$-0.64
$0.83

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
BATRA
BATRA
BY
BY
Q1 26
$112.4M
Q4 25
$61.3M
$117.0M
Q3 25
$311.5M
$115.7M
Q2 25
$312.4M
$110.5M
Q1 25
$47.2M
$103.1M
Q4 24
$52.1M
$104.7M
Q3 24
$290.7M
$101.8M
Q2 24
$282.9M
$99.4M
Net Profit
BATRA
BATRA
BY
BY
Q1 26
$37.6M
Q4 25
$-41.4M
$34.5M
Q3 25
$30.0M
$37.2M
Q2 25
$29.5M
$30.1M
Q1 25
$-41.4M
$28.2M
Q4 24
$-19.1M
$30.3M
Q3 24
$10.0M
$30.3M
Q2 24
$29.1M
$29.7M
Operating Margin
BATRA
BATRA
BY
BY
Q1 26
Q4 25
-81.2%
40.1%
Q3 25
12.5%
43.1%
Q2 25
13.4%
35.2%
Q1 25
-94.2%
36.4%
Q4 24
-35.8%
38.6%
Q3 24
2.2%
39.3%
Q2 24
8.8%
40.4%
Net Margin
BATRA
BATRA
BY
BY
Q1 26
33.4%
Q4 25
-67.6%
34.1%
Q3 25
9.6%
32.1%
Q2 25
9.4%
27.2%
Q1 25
-87.7%
27.4%
Q4 24
-36.7%
34.3%
Q3 24
3.4%
29.8%
Q2 24
10.3%
29.9%
EPS (diluted)
BATRA
BATRA
BY
BY
Q1 26
$0.83
Q4 25
$-0.64
$0.77
Q3 25
$0.47
$0.82
Q2 25
$0.46
$0.66
Q1 25
$-0.66
$0.64
Q4 24
$-0.29
$0.68
Q3 24
$0.16
$0.69
Q2 24
$0.46
$0.68

Balance Sheet & Financial Strength

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

Metric
BATRA
BATRA
BY
BY
Cash + ST InvestmentsLiquidity on hand
$99.9M
$198.4M
Total DebtLower is stronger
$738.6M
Stockholders' EquityBook value
$526.0M
$1.3B
Total Assets
$1.6B
$9.9B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
BY
BY
Q1 26
$198.4M
Q4 25
$99.9M
$149.1M
Q3 25
$82.2M
$259.0M
Q2 25
$96.2M
$218.3M
Q1 25
$244.7M
$421.3M
Q4 24
$110.1M
$563.1M
Q3 24
$100.9M
$452.6M
Q2 24
$121.2M
$730.5M
Total Debt
BATRA
BATRA
BY
BY
Q1 26
Q4 25
$738.6M
Q3 25
$759.9M
Q2 25
$703.1M
Q1 25
$699.5M
Q4 24
$617.1M
Q3 24
$640.1M
Q2 24
$600.0M
Stockholders' Equity
BATRA
BATRA
BY
BY
Q1 26
$1.3B
Q4 25
$526.0M
$1.3B
Q3 25
$560.3M
$1.2B
Q2 25
$522.8M
$1.2B
Q1 25
$486.1M
$1.1B
Q4 24
$524.2M
$1.1B
Q3 24
$530.4M
$1.1B
Q2 24
$512.7M
$1.0B
Total Assets
BATRA
BATRA
BY
BY
Q1 26
$9.9B
Q4 25
$1.6B
$9.7B
Q3 25
$1.7B
$9.8B
Q2 25
$1.7B
$9.7B
Q1 25
$1.7B
$9.6B
Q4 24
$1.5B
$9.5B
Q3 24
$1.6B
$9.4B
Q2 24
$1.6B
$9.6B
Debt / Equity
BATRA
BATRA
BY
BY
Q1 26
Q4 25
1.40×
Q3 25
1.36×
Q2 25
1.34×
Q1 25
1.44×
Q4 24
1.18×
Q3 24
1.21×
Q2 24
1.17×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
BY
BY
Q1 26
Q4 25
$26.4M
$140.3M
Q3 25
$-88.8M
$38.3M
Q2 25
$-8.1M
$16.3M
Q1 25
$95.8M
$27.1M
Q4 24
$28.9M
$175.2M
Q3 24
$-69.0M
$19.8M
Q2 24
$-34.3M
$40.1M
Free Cash Flow
BATRA
BATRA
BY
BY
Q1 26
Q4 25
$136.3M
Q3 25
$38.0M
Q2 25
$-82.3M
$15.2M
Q1 25
$76.3M
$25.0M
Q4 24
$16.8M
$171.2M
Q3 24
$-85.5M
$19.1M
Q2 24
$-64.1M
$39.4M
FCF Margin
BATRA
BATRA
BY
BY
Q1 26
Q4 25
116.5%
Q3 25
32.8%
Q2 25
-26.3%
13.7%
Q1 25
161.5%
24.3%
Q4 24
32.3%
163.5%
Q3 24
-29.4%
18.8%
Q2 24
-22.7%
39.7%
Capex Intensity
BATRA
BATRA
BY
BY
Q1 26
Q4 25
0.0%
3.4%
Q3 25
0.0%
0.3%
Q2 25
23.7%
1.0%
Q1 25
41.3%
2.0%
Q4 24
23.2%
3.8%
Q3 24
5.7%
0.6%
Q2 24
10.5%
0.7%
Cash Conversion
BATRA
BATRA
BY
BY
Q1 26
Q4 25
4.06×
Q3 25
-2.96×
1.03×
Q2 25
-0.28×
0.54×
Q1 25
0.96×
Q4 24
5.78×
Q3 24
-6.89×
0.65×
Q2 24
-1.18×
1.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BATRA
BATRA

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

BY
BY

Segment breakdown not available.

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