vs

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

Atlanta Braves Holdings, Inc. is the larger business by last-quarter revenue ($61.3M vs $39.4M, roughly 1.6× SANDRIDGE ENERGY INC). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs -67.6%, a 122.5% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs 1.1%). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% 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.

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

BATRA vs SD — Head-to-Head

Bigger by revenue
BATRA
BATRA
1.6× larger
BATRA
$61.3M
$39.4M
SD
Growing faster (revenue YoY)
BATRA
BATRA
+16.5% gap
BATRA
17.6%
1.1%
SD
Higher net margin
SD
SD
122.5% more per $
SD
54.9%
-67.6%
BATRA
Faster 2-yr revenue CAGR
SD
SD
Annualised
SD
14.1%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATRA
BATRA
SD
SD
Revenue
$61.3M
$39.4M
Net Profit
$-41.4M
$21.6M
Gross Margin
Operating Margin
-81.2%
38.5%
Net Margin
-67.6%
54.9%
Revenue YoY
17.6%
1.1%
Net Profit YoY
-116.7%
23.1%
EPS (diluted)
$-0.64
$0.59

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
SD
SD
Q4 25
$61.3M
$39.4M
Q3 25
$311.5M
$39.8M
Q2 25
$312.4M
$34.5M
Q1 25
$47.2M
$42.6M
Q4 24
$52.1M
$39.0M
Q3 24
$290.7M
$30.1M
Q2 24
$282.9M
$26.0M
Q1 24
$30.3M
Net Profit
BATRA
BATRA
SD
SD
Q4 25
$-41.4M
$21.6M
Q3 25
$30.0M
$16.0M
Q2 25
$29.5M
$19.6M
Q1 25
$-41.4M
$13.0M
Q4 24
$-19.1M
$17.6M
Q3 24
$10.0M
$25.5M
Q2 24
$29.1M
$8.8M
Q1 24
$11.1M
Operating Margin
BATRA
BATRA
SD
SD
Q4 25
-81.2%
38.5%
Q3 25
12.5%
37.8%
Q2 25
13.4%
53.7%
Q1 25
-94.2%
28.6%
Q4 24
-35.8%
25.9%
Q3 24
2.2%
28.3%
Q2 24
8.8%
23.9%
Q1 24
27.8%
Net Margin
BATRA
BATRA
SD
SD
Q4 25
-67.6%
54.9%
Q3 25
9.6%
40.1%
Q2 25
9.4%
56.6%
Q1 25
-87.7%
30.6%
Q4 24
-36.7%
45.1%
Q3 24
3.4%
84.8%
Q2 24
10.3%
33.9%
Q1 24
36.7%
EPS (diluted)
BATRA
BATRA
SD
SD
Q4 25
$-0.64
$0.59
Q3 25
$0.47
$0.43
Q2 25
$0.46
$0.53
Q1 25
$-0.66
$0.35
Q4 24
$-0.29
$0.46
Q3 24
$0.16
$0.69
Q2 24
$0.46
$0.24
Q1 24
$0.30

Balance Sheet & Financial Strength

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

Metric
BATRA
BATRA
SD
SD
Cash + ST InvestmentsLiquidity on hand
$99.9M
$111.0M
Total DebtLower is stronger
$738.6M
Stockholders' EquityBook value
$526.0M
$510.9M
Total Assets
$1.6B
$644.0M
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
SD
SD
Q4 25
$99.9M
$111.0M
Q3 25
$82.2M
$101.2M
Q2 25
$96.2M
$102.8M
Q1 25
$244.7M
$99.7M
Q4 24
$110.1M
$98.1M
Q3 24
$100.9M
$92.7M
Q2 24
$121.2M
$209.9M
Q1 24
$207.0M
Total Debt
BATRA
BATRA
SD
SD
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
Q1 24
Stockholders' Equity
BATRA
BATRA
SD
SD
Q4 25
$526.0M
$510.9M
Q3 25
$560.3M
$492.4M
Q2 25
$522.8M
$480.2M
Q1 25
$486.1M
$464.9M
Q4 24
$524.2M
$460.5M
Q3 24
$530.4M
$446.8M
Q2 24
$512.7M
$424.8M
Q1 24
$419.7M
Total Assets
BATRA
BATRA
SD
SD
Q4 25
$1.6B
$644.0M
Q3 25
$1.7B
$619.0M
Q2 25
$1.7B
$602.3M
Q1 25
$1.7B
$588.3M
Q4 24
$1.5B
$581.5M
Q3 24
$1.6B
$565.2M
Q2 24
$1.6B
$529.6M
Q1 24
$527.4M
Debt / Equity
BATRA
BATRA
SD
SD
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×
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
BATRA
BATRA
SD
SD
Operating Cash FlowLast quarter
$26.4M
$31.7M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
36.6%
Capex IntensityCapex / Revenue
0.0%
43.8%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
SD
SD
Q4 25
$26.4M
$31.7M
Q3 25
$-88.8M
$25.3M
Q2 25
$-8.1M
$22.9M
Q1 25
$95.8M
$20.3M
Q4 24
$28.9M
$26.0M
Q3 24
$-69.0M
$20.8M
Q2 24
$-34.3M
$11.4M
Q1 24
$15.7M
Free Cash Flow
BATRA
BATRA
SD
SD
Q4 25
$14.4M
Q3 25
$5.9M
Q2 25
$-82.3M
$7.3M
Q1 25
$76.3M
$13.9M
Q4 24
$16.8M
$13.2M
Q3 24
$-85.5M
$10.8M
Q2 24
$-64.1M
$9.0M
Q1 24
$14.6M
FCF Margin
BATRA
BATRA
SD
SD
Q4 25
36.6%
Q3 25
14.9%
Q2 25
-26.3%
21.0%
Q1 25
161.5%
32.7%
Q4 24
32.3%
33.8%
Q3 24
-29.4%
36.1%
Q2 24
-22.7%
34.5%
Q1 24
48.1%
Capex Intensity
BATRA
BATRA
SD
SD
Q4 25
0.0%
43.8%
Q3 25
0.0%
48.6%
Q2 25
23.7%
45.2%
Q1 25
41.3%
15.0%
Q4 24
23.2%
32.9%
Q3 24
5.7%
33.3%
Q2 24
10.5%
9.4%
Q1 24
3.7%
Cash Conversion
BATRA
BATRA
SD
SD
Q4 25
1.46×
Q3 25
-2.96×
1.58×
Q2 25
-0.28×
1.17×
Q1 25
1.56×
Q4 24
1.48×
Q3 24
-6.89×
0.82×
Q2 24
-1.18×
1.30×
Q1 24
1.41×

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%

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

Related Comparisons