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Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and DHT Holdings, Inc. (DHT). Click either name above to swap in a different company.
DHT Holdings, Inc. is the larger business by last-quarter revenue ($107.3M vs $61.3M, roughly 1.8× Atlanta Braves Holdings, Inc.). DHT Holdings, Inc. runs the higher net margin — 41.7% vs -67.6%, a 109.4% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs -24.5%).
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.
DHT Holdings, Inc. is an independent international crude oil tanker operator that owns and manages a fleet of very large crude carriers. It offers marine transportation services for crude oil across major global trade routes, serving clients including leading oil producers, refineries, and commodity trading enterprises worldwide.
BATRA vs DHT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $61.3M | $107.3M |
| Net Profit | $-41.4M | $44.8M |
| Gross Margin | — | — |
| Operating Margin | -81.2% | 44.2% |
| Net Margin | -67.6% | 41.7% |
| Revenue YoY | 17.6% | -24.5% |
| Net Profit YoY | -116.7% | 27.3% |
| EPS (diluted) | $-0.64 | $0.28 |
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.
| Q4 25 | $61.3M | — | ||
| Q3 25 | $311.5M | $107.3M | ||
| Q2 25 | $312.4M | — | ||
| Q1 25 | $47.2M | — | ||
| Q4 24 | $52.1M | — | ||
| Q3 24 | $290.7M | $142.1M | ||
| Q2 24 | $282.9M | — | ||
| Q3 23 | $271.8M | $131.6M |
| Q4 25 | $-41.4M | — | ||
| Q3 25 | $30.0M | $44.8M | ||
| Q2 25 | $29.5M | — | ||
| Q1 25 | $-41.4M | — | ||
| Q4 24 | $-19.1M | — | ||
| Q3 24 | $10.0M | $35.2M | ||
| Q2 24 | $29.1M | — | ||
| Q3 23 | $-6.0M | $31.0M |
| Q4 25 | -81.2% | — | ||
| Q3 25 | 12.5% | 44.2% | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | -94.2% | — | ||
| Q4 24 | -35.8% | — | ||
| Q3 24 | 2.2% | 29.7% | ||
| Q2 24 | 8.8% | — | ||
| Q3 23 | 5.8% | 29.7% |
| Q4 25 | -67.6% | — | ||
| Q3 25 | 9.6% | 41.7% | ||
| Q2 25 | 9.4% | — | ||
| Q1 25 | -87.7% | — | ||
| Q4 24 | -36.7% | — | ||
| Q3 24 | 3.4% | 24.8% | ||
| Q2 24 | 10.3% | — | ||
| Q3 23 | -2.2% | 23.5% |
| Q4 25 | $-0.64 | — | ||
| Q3 25 | $0.47 | $0.28 | ||
| Q2 25 | $0.46 | — | ||
| Q1 25 | $-0.66 | — | ||
| Q4 24 | $-0.29 | — | ||
| Q3 24 | $0.16 | $0.22 | ||
| Q2 24 | $0.46 | — | ||
| Q3 23 | $-0.10 | $0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $99.9M | $81.3M |
| Total DebtLower is stronger | $738.6M | — |
| Stockholders' EquityBook value | $526.0M | $1.1B |
| Total Assets | $1.6B | $1.4B |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.9M | — | ||
| Q3 25 | $82.2M | $81.3M | ||
| Q2 25 | $96.2M | — | ||
| Q1 25 | $244.7M | — | ||
| Q4 24 | $110.1M | — | ||
| Q3 24 | $100.9M | $73.8M | ||
| Q2 24 | $121.2M | — | ||
| Q3 23 | $106.7M | $73.9M |
| 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 | — | ||
| Q3 23 | $555.3M | — |
| Q4 25 | $526.0M | — | ||
| Q3 25 | $560.3M | $1.1B | ||
| Q2 25 | $522.8M | — | ||
| Q1 25 | $486.1M | — | ||
| Q4 24 | $524.2M | — | ||
| Q3 24 | $530.4M | $1.0B | ||
| Q2 24 | $512.7M | — | ||
| Q3 23 | $563.6M | $1.0B |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.6B | — | ||
| Q3 23 | $1.5B | $1.5B |
| 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× | — | ||
| Q3 23 | 0.99× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $26.4M | $60.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | — | 1.36× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.4M | — | ||
| Q3 25 | $-88.8M | $60.9M | ||
| Q2 25 | $-8.1M | — | ||
| Q1 25 | $95.8M | — | ||
| Q4 24 | $28.9M | — | ||
| Q3 24 | $-69.0M | $80.1M | ||
| Q2 24 | $-34.3M | — | ||
| Q3 23 | $-57.2M | $55.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-82.3M | — | ||
| Q1 25 | $76.3M | — | ||
| Q4 24 | $16.8M | — | ||
| Q3 24 | $-85.5M | — | ||
| Q2 24 | $-64.1M | — | ||
| Q3 23 | $-72.8M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -26.3% | — | ||
| Q1 25 | 161.5% | — | ||
| Q4 24 | 32.3% | — | ||
| Q3 24 | -29.4% | — | ||
| Q2 24 | -22.7% | — | ||
| Q3 23 | -26.8% | — |
| 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% | — | ||
| Q3 23 | 5.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | -2.96× | 1.36× | ||
| Q2 25 | -0.28× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.89× | 2.28× | ||
| Q2 24 | -1.18× | — | ||
| Q3 23 | — | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BATRA
| Baseball | $34.8M | 57% |
| Mixed Use Development Segment | $26.5M | 43% |
DHT
Segment breakdown not available.