vs

Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and Strawberry Fields REIT, Inc. (STRW). 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 $40.1M, roughly 1.5× Strawberry Fields REIT, Inc.). Strawberry Fields REIT, Inc. runs the higher net margin — 5.0% vs -67.6%, a 72.6% gap on every dollar of revenue. On growth, Strawberry Fields REIT, Inc. posted the faster year-over-year revenue change (31.5% vs 17.6%). Over the past eight quarters, Strawberry Fields REIT, Inc.'s revenue compounded faster (20.0% 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.

Strawberry Fields REIT, Inc. is a real estate investment trust focused on healthcare-related real estate assets. It owns, operates and manages skilled nursing facilities, senior living communities, and medical office buildings, primarily serving markets across the United States for healthcare providers and elderly care operators.

BATRA vs STRW — Head-to-Head

Bigger by revenue
BATRA
BATRA
1.5× larger
BATRA
$61.3M
$40.1M
STRW
Growing faster (revenue YoY)
STRW
STRW
+13.9% gap
STRW
31.5%
17.6%
BATRA
Higher net margin
STRW
STRW
72.6% more per $
STRW
5.0%
-67.6%
BATRA
Faster 2-yr revenue CAGR
STRW
STRW
Annualised
STRW
20.0%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATRA
BATRA
STRW
STRW
Revenue
$61.3M
$40.1M
Net Profit
$-41.4M
$2.0M
Gross Margin
Operating Margin
-81.2%
52.4%
Net Margin
-67.6%
5.0%
Revenue YoY
17.6%
31.5%
Net Profit YoY
-116.7%
37.6%
EPS (diluted)
$-0.64
$0.15

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
STRW
STRW
Q4 25
$61.3M
$40.1M
Q3 25
$311.5M
$39.7M
Q2 25
$312.4M
$37.9M
Q1 25
$47.2M
$37.3M
Q4 24
$52.1M
$30.5M
Q3 24
$290.7M
$29.5M
Q2 24
$282.9M
$29.3M
Q1 24
$27.8M
Net Profit
BATRA
BATRA
STRW
STRW
Q4 25
$-41.4M
$2.0M
Q3 25
$30.0M
$2.0M
Q2 25
$29.5M
$2.0M
Q1 25
$-41.4M
$1.6M
Q4 24
$-19.1M
$1.5M
Q3 24
$10.0M
$944.0K
Q2 24
$29.1M
$938.0K
Q1 24
$746.0K
Operating Margin
BATRA
BATRA
STRW
STRW
Q4 25
-81.2%
52.4%
Q3 25
12.5%
56.6%
Q2 25
13.4%
54.5%
Q1 25
-94.2%
54.1%
Q4 24
-35.8%
51.5%
Q3 24
2.2%
54.4%
Q2 24
8.8%
52.3%
Q1 24
51.3%
Net Margin
BATRA
BATRA
STRW
STRW
Q4 25
-67.6%
5.0%
Q3 25
9.6%
5.1%
Q2 25
9.4%
5.2%
Q1 25
-87.7%
4.2%
Q4 24
-36.7%
4.8%
Q3 24
3.4%
3.2%
Q2 24
10.3%
3.2%
Q1 24
2.7%
EPS (diluted)
BATRA
BATRA
STRW
STRW
Q4 25
$-0.64
$0.15
Q3 25
$0.47
$0.16
Q2 25
$0.46
$0.16
Q1 25
$-0.66
$0.13
Q4 24
$-0.29
$0.17
Q3 24
$0.16
$0.14
Q2 24
$0.46
$0.14
Q1 24
$0.12

Balance Sheet & Financial Strength

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

Metric
BATRA
BATRA
STRW
STRW
Cash + ST InvestmentsLiquidity on hand
$99.9M
$31.8M
Total DebtLower is stronger
$738.6M
$794.7M
Stockholders' EquityBook value
$526.0M
$12.1M
Total Assets
$1.6B
$885.2M
Debt / EquityLower = less leverage
1.40×
65.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
STRW
STRW
Q4 25
$99.9M
$31.8M
Q3 25
$82.2M
$19.8M
Q2 25
$96.2M
$96.3M
Q1 25
$244.7M
$42.3M
Q4 24
$110.1M
$48.4M
Q3 24
$100.9M
$29.3M
Q2 24
$121.2M
$16.1M
Q1 24
$15.1M
Total Debt
BATRA
BATRA
STRW
STRW
Q4 25
$738.6M
$794.7M
Q3 25
$759.9M
$779.4M
Q2 25
$703.1M
$794.1M
Q1 25
$699.5M
$715.5M
Q4 24
$617.1M
$673.9M
Q3 24
$640.1M
$584.5M
Q2 24
$600.0M
$555.0M
Q1 24
$560.4M
Stockholders' Equity
BATRA
BATRA
STRW
STRW
Q4 25
$526.0M
$12.1M
Q3 25
$560.3M
$14.2M
Q2 25
$522.8M
$15.5M
Q1 25
$486.1M
$19.6M
Q4 24
$524.2M
$18.2M
Q3 24
$530.4M
$12.6M
Q2 24
$512.7M
$7.4M
Q1 24
$7.5M
Total Assets
BATRA
BATRA
STRW
STRW
Q4 25
$1.6B
$885.2M
Q3 25
$1.7B
$880.6M
Q2 25
$1.7B
$897.3M
Q1 25
$1.7B
$834.8M
Q4 24
$1.5B
$787.6M
Q3 24
$1.6B
$661.5M
Q2 24
$1.6B
$635.9M
Q1 24
$634.9M
Debt / Equity
BATRA
BATRA
STRW
STRW
Q4 25
1.40×
65.64×
Q3 25
1.36×
54.70×
Q2 25
1.34×
51.26×
Q1 25
1.44×
36.47×
Q4 24
1.18×
37.09×
Q3 24
1.21×
46.34×
Q2 24
1.17×
74.61×
Q1 24
74.81×

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
STRW
STRW
Operating Cash FlowLast quarter
$26.4M
$90.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
44.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
STRW
STRW
Q4 25
$26.4M
$90.0M
Q3 25
$-88.8M
$20.7M
Q2 25
$-8.1M
$29.8M
Q1 25
$95.8M
$19.0M
Q4 24
$28.9M
$59.3M
Q3 24
$-69.0M
$11.8M
Q2 24
$-34.3M
$20.6M
Q1 24
$2.1M
Free Cash Flow
BATRA
BATRA
STRW
STRW
Q4 25
Q3 25
Q2 25
$-82.3M
Q1 25
$76.3M
Q4 24
$16.8M
Q3 24
$-85.5M
Q2 24
$-64.1M
Q1 24
FCF Margin
BATRA
BATRA
STRW
STRW
Q4 25
Q3 25
Q2 25
-26.3%
Q1 25
161.5%
Q4 24
32.3%
Q3 24
-29.4%
Q2 24
-22.7%
Q1 24
Capex Intensity
BATRA
BATRA
STRW
STRW
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%
Q1 24
Cash Conversion
BATRA
BATRA
STRW
STRW
Q4 25
44.62×
Q3 25
-2.96×
10.26×
Q2 25
-0.28×
15.24×
Q1 25
11.97×
Q4 24
40.44×
Q3 24
-6.89×
12.53×
Q2 24
-1.18×
21.93×
Q1 24
2.85×

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%

STRW
STRW

Segment breakdown not available.

Related Comparisons