vs

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

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $61.3M, roughly 1.9× Atlanta Braves Holdings, Inc.). Over the past eight quarters, California Resources Corp's revenue compounded faster (-46.3% 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.

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

BATRA vs CRC — Head-to-Head

Bigger by revenue
CRC
CRC
1.9× larger
CRC
$119.0M
$61.3M
BATRA
Faster 2-yr revenue CAGR
CRC
CRC
Annualised
CRC
-46.3%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BATRA
BATRA
CRC
CRC
Revenue
$61.3M
$119.0M
Net Profit
$-41.4M
Gross Margin
Operating Margin
-81.2%
-597.5%
Net Margin
-67.6%
Revenue YoY
17.6%
Net Profit YoY
-116.7%
EPS (diluted)
$-0.64
$-8.02

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
CRC
CRC
Q1 26
$119.0M
Q4 25
$61.3M
$679.0M
Q3 25
$311.5M
$715.0M
Q2 25
$312.4M
$702.0M
Q1 25
$47.2M
$814.0M
Q4 24
$52.1M
$826.0M
Q3 24
$290.7M
$870.0M
Q2 24
$282.9M
$412.0M
Net Profit
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
$-41.4M
$12.0M
Q3 25
$30.0M
$64.0M
Q2 25
$29.5M
$172.0M
Q1 25
$-41.4M
$115.0M
Q4 24
$-19.1M
$33.0M
Q3 24
$10.0M
$345.0M
Q2 24
$29.1M
$8.0M
Operating Margin
BATRA
BATRA
CRC
CRC
Q1 26
-597.5%
Q4 25
-81.2%
6.9%
Q3 25
12.5%
13.7%
Q2 25
13.4%
38.0%
Q1 25
-94.2%
22.9%
Q4 24
-35.8%
8.2%
Q3 24
2.2%
59.5%
Q2 24
8.8%
9.2%
Net Margin
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
-67.6%
1.8%
Q3 25
9.6%
9.0%
Q2 25
9.4%
24.5%
Q1 25
-87.7%
14.1%
Q4 24
-36.7%
4.0%
Q3 24
3.4%
39.7%
Q2 24
10.3%
1.9%
EPS (diluted)
BATRA
BATRA
CRC
CRC
Q1 26
$-8.02
Q4 25
$-0.64
$0.21
Q3 25
$0.47
$0.76
Q2 25
$0.46
$1.92
Q1 25
$-0.66
$1.26
Q4 24
$-0.29
$0.87
Q3 24
$0.16
$3.78
Q2 24
$0.46
$0.11

Balance Sheet & Financial Strength

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

Metric
BATRA
BATRA
CRC
CRC
Cash + ST InvestmentsLiquidity on hand
$99.9M
Total DebtLower is stronger
$738.6M
Stockholders' EquityBook value
$526.0M
$2.9B
Total Assets
$1.6B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
$99.9M
$132.0M
Q3 25
$82.2M
$196.0M
Q2 25
$96.2M
$72.0M
Q1 25
$244.7M
$214.0M
Q4 24
$110.1M
$372.0M
Q3 24
$100.9M
$241.0M
Q2 24
$121.2M
$1.0B
Total Debt
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
$738.6M
Q3 25
$759.9M
$1.0B
Q2 25
$703.1M
$1.0B
Q1 25
$699.5M
$1.0B
Q4 24
$617.1M
$1.1B
Q3 24
$640.1M
$1.1B
Q2 24
$600.0M
$1.2B
Stockholders' Equity
BATRA
BATRA
CRC
CRC
Q1 26
$2.9B
Q4 25
$526.0M
$3.7B
Q3 25
$560.3M
$3.4B
Q2 25
$522.8M
$3.4B
Q1 25
$486.1M
$3.5B
Q4 24
$524.2M
$3.5B
Q3 24
$530.4M
$3.5B
Q2 24
$512.7M
$2.1B
Total Assets
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
$1.6B
$7.4B
Q3 25
$1.7B
$6.8B
Q2 25
$1.7B
$6.7B
Q1 25
$1.7B
$6.8B
Q4 24
$1.5B
$7.1B
Q3 24
$1.6B
$7.1B
Q2 24
$1.6B
$4.5B
Debt / Equity
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
1.40×
Q3 25
1.36×
0.29×
Q2 25
1.34×
0.30×
Q1 25
1.44×
0.29×
Q4 24
1.18×
0.32×
Q3 24
1.21×
0.32×
Q2 24
1.17×
0.57×

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
CRC
CRC
Operating Cash FlowLast quarter
$26.4M
$99.0M
Free Cash FlowOCF − Capex
$-32.0M
FCF MarginFCF / Revenue
-26.9%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
CRC
CRC
Q1 26
$99.0M
Q4 25
$26.4M
$235.0M
Q3 25
$-88.8M
$279.0M
Q2 25
$-8.1M
$165.0M
Q1 25
$95.8M
$186.0M
Q4 24
$28.9M
$206.0M
Q3 24
$-69.0M
$220.0M
Q2 24
$-34.3M
$97.0M
Free Cash Flow
BATRA
BATRA
CRC
CRC
Q1 26
$-32.0M
Q4 25
$115.0M
Q3 25
$188.0M
Q2 25
$-82.3M
$109.0M
Q1 25
$76.3M
$131.0M
Q4 24
$16.8M
$118.0M
Q3 24
$-85.5M
$141.0M
Q2 24
$-64.1M
$63.0M
FCF Margin
BATRA
BATRA
CRC
CRC
Q1 26
-26.9%
Q4 25
16.9%
Q3 25
26.3%
Q2 25
-26.3%
15.5%
Q1 25
161.5%
16.1%
Q4 24
32.3%
14.3%
Q3 24
-29.4%
16.2%
Q2 24
-22.7%
15.3%
Capex Intensity
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
0.0%
17.7%
Q3 25
0.0%
12.7%
Q2 25
23.7%
8.0%
Q1 25
41.3%
6.8%
Q4 24
23.2%
10.7%
Q3 24
5.7%
9.1%
Q2 24
10.5%
8.3%
Cash Conversion
BATRA
BATRA
CRC
CRC
Q1 26
Q4 25
19.58×
Q3 25
-2.96×
4.36×
Q2 25
-0.28×
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
-6.89×
0.64×
Q2 24
-1.18×
12.13×

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%

CRC
CRC

Segment breakdown not available.

Related Comparisons