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Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $61.3M, roughly 1.4× Atlanta Braves Holdings, Inc.). OPAL Fuels Inc. runs the higher net margin — 18.3% vs -67.6%, a 85.9% gap on every dollar of revenue. On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs 17.6%). Over the past eight quarters, OPAL Fuels Inc.'s revenue compounded faster (17.6% 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.
OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.
BATRA vs OPAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.3M | $88.4M |
| Net Profit | $-41.4M | $16.2M |
| Gross Margin | — | — |
| Operating Margin | -81.2% | 7.5% |
| Net Margin | -67.6% | 18.3% |
| Revenue YoY | 17.6% | 18.7% |
| Net Profit YoY | -116.7% | 401.5% |
| EPS (diluted) | $-0.64 | $0.08 |
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 | $88.4M | ||
| Q3 25 | $311.5M | $77.9M | ||
| Q2 25 | $312.4M | $77.4M | ||
| Q1 25 | $47.2M | $83.0M | ||
| Q4 24 | $52.1M | $74.5M | ||
| Q3 24 | $290.7M | $82.6M | ||
| Q2 24 | $282.9M | $69.8M | ||
| Q1 24 | — | $64.0M |
| Q4 25 | $-41.4M | $16.2M | ||
| Q3 25 | $30.0M | $11.4M | ||
| Q2 25 | $29.5M | $7.6M | ||
| Q1 25 | $-41.4M | $1.3M | ||
| Q4 24 | $-19.1M | $-5.4M | ||
| Q3 24 | $10.0M | $17.1M | ||
| Q2 24 | $29.1M | $1.9M | ||
| Q1 24 | — | $677.0K |
| Q4 25 | -81.2% | 7.5% | ||
| Q3 25 | 12.5% | 4.6% | ||
| Q2 25 | 13.4% | -1.1% | ||
| Q1 25 | -94.2% | -2.3% | ||
| Q4 24 | -35.8% | -0.5% | ||
| Q3 24 | 2.2% | 14.9% | ||
| Q2 24 | 8.8% | 8.1% | ||
| Q1 24 | — | 5.6% |
| Q4 25 | -67.6% | 18.3% | ||
| Q3 25 | 9.6% | 14.6% | ||
| Q2 25 | 9.4% | 9.8% | ||
| Q1 25 | -87.7% | 1.5% | ||
| Q4 24 | -36.7% | -7.2% | ||
| Q3 24 | 3.4% | 20.7% | ||
| Q2 24 | 10.3% | 2.7% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | $-0.64 | $0.08 | ||
| Q3 25 | $0.47 | $0.05 | ||
| Q2 25 | $0.46 | $0.03 | ||
| Q1 25 | $-0.66 | $-0.01 | ||
| Q4 24 | $-0.29 | $-0.05 | ||
| Q3 24 | $0.16 | $0.09 | ||
| Q2 24 | $0.46 | $-0.01 | ||
| Q1 24 | — | $-0.01 |
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 | $24.4M |
| Total DebtLower is stronger | $738.6M | $361.3M |
| Stockholders' EquityBook value | $526.0M | $-12.9M |
| Total Assets | $1.6B | $959.5M |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.9M | $24.4M | ||
| Q3 25 | $82.2M | $29.9M | ||
| Q2 25 | $96.2M | $29.3M | ||
| Q1 25 | $244.7M | $40.1M | ||
| Q4 24 | $110.1M | $24.3M | ||
| Q3 24 | $100.9M | $31.0M | ||
| Q2 24 | $121.2M | $27.6M | ||
| Q1 24 | — | $34.2M |
| Q4 25 | $738.6M | $361.3M | ||
| Q3 25 | $759.9M | $351.2M | ||
| Q2 25 | $703.1M | $331.6M | ||
| Q1 25 | $699.5M | $307.0M | ||
| Q4 24 | $617.1M | $307.5M | ||
| Q3 24 | $640.1M | $252.9M | ||
| Q2 24 | $600.0M | $233.3M | ||
| Q1 24 | — | $208.7M |
| Q4 25 | $526.0M | $-12.9M | ||
| Q3 25 | $560.3M | $7.5M | ||
| Q2 25 | $522.8M | $-25.0M | ||
| Q1 25 | $486.1M | $57.1M | ||
| Q4 24 | $524.2M | $-148.4M | ||
| Q3 24 | $530.4M | $-180.1M | ||
| Q2 24 | $512.7M | $-273.0M | ||
| Q1 24 | — | $-382.4M |
| Q4 25 | $1.6B | $959.5M | ||
| Q3 25 | $1.7B | $916.7M | ||
| Q2 25 | $1.7B | $905.5M | ||
| Q1 25 | $1.7B | $884.9M | ||
| Q4 24 | $1.5B | $881.1M | ||
| Q3 24 | $1.6B | $831.1M | ||
| Q2 24 | $1.6B | $782.3M | ||
| Q1 24 | — | $750.5M |
| Q4 25 | 1.40× | — | ||
| Q3 25 | 1.36× | 46.95× | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.44× | 5.38× | ||
| 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 | $-3.5M |
| Free Cash FlowOCF − Capex | — | $-13.4M |
| FCF MarginFCF / Revenue | — | -15.1% |
| Capex IntensityCapex / Revenue | 0.0% | 11.1% |
| Cash ConversionOCF / Net Profit | — | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.4M | $-3.5M | ||
| Q3 25 | $-88.8M | $18.2M | ||
| Q2 25 | $-8.1M | $-7.9M | ||
| Q1 25 | $95.8M | $29.7M | ||
| Q4 24 | $28.9M | $-532.0K | ||
| Q3 24 | $-69.0M | $17.7M | ||
| Q2 24 | $-34.3M | $533.0K | ||
| Q1 24 | — | $13.7M |
| Q4 25 | — | $-13.4M | ||
| Q3 25 | — | $-9.3M | ||
| Q2 25 | $-82.3M | $-29.7M | ||
| Q1 25 | $76.3M | $18.1M | ||
| Q4 24 | $16.8M | $-55.0M | ||
| Q3 24 | $-85.5M | $-5.4M | ||
| Q2 24 | $-64.1M | $-22.5M | ||
| Q1 24 | — | $-13.0M |
| Q4 25 | — | -15.1% | ||
| Q3 25 | — | -11.9% | ||
| Q2 25 | -26.3% | -38.4% | ||
| Q1 25 | 161.5% | 21.8% | ||
| Q4 24 | 32.3% | -73.8% | ||
| Q3 24 | -29.4% | -6.5% | ||
| Q2 24 | -22.7% | -32.2% | ||
| Q1 24 | — | -20.4% |
| Q4 25 | 0.0% | 11.1% | ||
| Q3 25 | 0.0% | 35.3% | ||
| Q2 25 | 23.7% | 28.2% | ||
| Q1 25 | 41.3% | 13.9% | ||
| Q4 24 | 23.2% | 73.1% | ||
| Q3 24 | 5.7% | 27.9% | ||
| Q2 24 | 10.5% | 32.9% | ||
| Q1 24 | — | 41.8% |
| Q4 25 | — | -0.22× | ||
| Q3 25 | -2.96× | 1.60× | ||
| Q2 25 | -0.28× | -1.04× | ||
| Q1 25 | — | 23.11× | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.89× | 1.03× | ||
| Q2 24 | -1.18× | 0.28× | ||
| Q1 24 | — | 20.26× |
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% |
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
