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Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and FIRST MID BANCSHARES, INC. (FMBH). Click either name above to swap in a different company.
FIRST MID BANCSHARES, INC. is the larger business by last-quarter revenue ($88.2M vs $61.3M, roughly 1.4× Atlanta Braves Holdings, Inc.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs -67.6%, a 94.5% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs 3.4%). Over the past eight quarters, FIRST MID BANCSHARES, INC.'s revenue compounded faster (5.0% 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.
First Mid Bancshares Inc. is a U.S.-headquartered regional financial services holding company. It provides full-range retail and commercial banking products, wealth management, insurance solutions, and agricultural financing, mainly serving individual consumers, small and medium-sized enterprises, and agricultural clients across multiple Midwestern states including Illinois, Missouri, and Indiana.
BATRA vs FMBH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.3M | $88.2M |
| Net Profit | $-41.4M | $23.7M |
| Gross Margin | — | — |
| Operating Margin | -81.2% | 34.0% |
| Net Margin | -67.6% | 26.8% |
| Revenue YoY | 17.6% | 3.4% |
| Net Profit YoY | -116.7% | 23.5% |
| EPS (diluted) | $-0.64 | $0.98 |
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 | $88.2M | ||
| Q3 25 | $311.5M | $89.3M | ||
| Q2 25 | $312.4M | $87.5M | ||
| Q1 25 | $47.2M | $84.3M | ||
| Q4 24 | $52.1M | $85.3M | ||
| Q3 24 | $290.7M | $80.6M | ||
| Q2 24 | $282.9M | $79.2M | ||
| Q1 24 | — | $79.9M |
| Q4 25 | $-41.4M | $23.7M | ||
| Q3 25 | $30.0M | $22.5M | ||
| Q2 25 | $29.5M | $23.4M | ||
| Q1 25 | $-41.4M | $22.2M | ||
| Q4 24 | $-19.1M | $19.2M | ||
| Q3 24 | $10.0M | $19.5M | ||
| Q2 24 | $29.1M | $19.7M | ||
| Q1 24 | — | $20.5M |
| Q4 25 | -81.2% | 34.0% | ||
| Q3 25 | 12.5% | 32.2% | ||
| Q2 25 | 13.4% | 34.4% | ||
| Q1 25 | -94.2% | 33.4% | ||
| Q4 24 | -35.8% | 29.7% | ||
| Q3 24 | 2.2% | 31.5% | ||
| Q2 24 | 8.8% | 33.7% | ||
| Q1 24 | — | 33.7% |
| Q4 25 | -67.6% | 26.8% | ||
| Q3 25 | 9.6% | 25.2% | ||
| Q2 25 | 9.4% | 26.8% | ||
| Q1 25 | -87.7% | 26.3% | ||
| Q4 24 | -36.7% | 22.5% | ||
| Q3 24 | 3.4% | 24.2% | ||
| Q2 24 | 10.3% | 24.9% | ||
| Q1 24 | — | 25.6% |
| Q4 25 | $-0.64 | $0.98 | ||
| Q3 25 | $0.47 | $0.94 | ||
| Q2 25 | $0.46 | $0.98 | ||
| Q1 25 | $-0.66 | $0.93 | ||
| Q4 24 | $-0.29 | $0.81 | ||
| Q3 24 | $0.16 | $0.81 | ||
| Q2 24 | $0.46 | $0.82 | ||
| Q1 24 | — | $0.86 |
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 | — |
| Total DebtLower is stronger | $738.6M | $354.5M |
| Stockholders' EquityBook value | $526.0M | $958.7M |
| Total Assets | $1.6B | $8.0B |
| Debt / EquityLower = less leverage | 1.40× | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — | — |
| Q4 25 | $738.6M | $354.5M | ||
| Q3 25 | $759.9M | — | ||
| Q2 25 | $703.1M | — | ||
| Q1 25 | $699.5M | — | ||
| Q4 24 | $617.1M | — | ||
| Q3 24 | $640.1M | — | ||
| Q2 24 | $600.0M | — | ||
| Q1 24 | — | — |
| Q4 25 | $526.0M | $958.7M | ||
| Q3 25 | $560.3M | $932.2M | ||
| Q2 25 | $522.8M | $894.1M | ||
| Q1 25 | $486.1M | $870.9M | ||
| Q4 24 | $524.2M | $846.4M | ||
| Q3 24 | $530.4M | $858.5M | ||
| Q2 24 | $512.7M | $813.6M | ||
| Q1 24 | — | $798.0M |
| Q4 25 | $1.6B | $8.0B | ||
| Q3 25 | $1.7B | $7.8B | ||
| Q2 25 | $1.7B | $7.7B | ||
| Q1 25 | $1.7B | $7.6B | ||
| Q4 24 | $1.5B | $7.5B | ||
| Q3 24 | $1.6B | $7.6B | ||
| Q2 24 | $1.6B | $7.6B | ||
| Q1 24 | — | $7.7B |
| Q4 25 | 1.40× | 0.37× | ||
| Q3 25 | 1.36× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.18× | — | ||
| Q3 24 | 1.21× | — | ||
| Q2 24 | 1.17× | — | ||
| Q1 24 | — | — |
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 | $130.9M |
| Free Cash FlowOCF − Capex | — | $124.0M |
| FCF MarginFCF / Revenue | — | 140.6% |
| Capex IntensityCapex / Revenue | 0.0% | 7.8% |
| Cash ConversionOCF / Net Profit | — | 5.53× |
| TTM Free Cash FlowTrailing 4 quarters | — | $207.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.4M | $130.9M | ||
| Q3 25 | $-88.8M | $33.0M | ||
| Q2 25 | $-8.1M | $7.7M | ||
| Q1 25 | $95.8M | $47.9M | ||
| Q4 24 | $28.9M | $124.4M | ||
| Q3 24 | $-69.0M | $33.1M | ||
| Q2 24 | $-34.3M | $24.0M | ||
| Q1 24 | — | $29.0M |
| Q4 25 | — | $124.0M | ||
| Q3 25 | — | $31.9M | ||
| Q2 25 | $-82.3M | $6.0M | ||
| Q1 25 | $76.3M | $46.0M | ||
| Q4 24 | $16.8M | $119.5M | ||
| Q3 24 | $-85.5M | $32.0M | ||
| Q2 24 | $-64.1M | $22.9M | ||
| Q1 24 | — | $27.6M |
| Q4 25 | — | 140.6% | ||
| Q3 25 | — | 35.8% | ||
| Q2 25 | -26.3% | 6.8% | ||
| Q1 25 | 161.5% | 54.5% | ||
| Q4 24 | 32.3% | 140.0% | ||
| Q3 24 | -29.4% | 39.7% | ||
| Q2 24 | -22.7% | 28.9% | ||
| Q1 24 | — | 34.5% |
| Q4 25 | 0.0% | 7.8% | ||
| Q3 25 | 0.0% | 1.2% | ||
| Q2 25 | 23.7% | 2.0% | ||
| Q1 25 | 41.3% | 2.3% | ||
| Q4 24 | 23.2% | 5.8% | ||
| Q3 24 | 5.7% | 1.4% | ||
| Q2 24 | 10.5% | 1.4% | ||
| Q1 24 | — | 1.9% |
| Q4 25 | — | 5.53× | ||
| Q3 25 | -2.96× | 1.47× | ||
| Q2 25 | -0.28× | 0.33× | ||
| Q1 25 | — | 2.16× | ||
| Q4 24 | — | 6.49× | ||
| Q3 24 | -6.89× | 1.70× | ||
| Q2 24 | -1.18× | 1.21× | ||
| Q1 24 | — | 1.42× |
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% |
FMBH
Segment breakdown not available.
