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Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and UNITED STATES LIME & MINERALS INC (USLM). Click either name above to swap in a different company.

UNITED STATES LIME & MINERALS INC is the larger business by last-quarter revenue ($87.9M vs $61.3M, roughly 1.4× Atlanta Braves Holdings, Inc.). UNITED STATES LIME & MINERALS INC runs the higher net margin — 34.7% vs -67.6%, a 102.4% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs 9.8%). Over the past eight quarters, UNITED STATES LIME & MINERALS INC's revenue compounded faster (10.8% 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.

United States Lime & Minerals Inc is a leading US-based natural resources enterprise that produces high-calcium lime, dolomitic lime, limestone and related mineral products. Its core client segments cover infrastructure construction, steel manufacturing, agricultural soil amendment, environmental emission control and industrial processing, serving customers across North America.

BATRA vs USLM — Head-to-Head

Bigger by revenue
USLM
USLM
1.4× larger
USLM
$87.9M
$61.3M
BATRA
Growing faster (revenue YoY)
BATRA
BATRA
+7.8% gap
BATRA
17.6%
9.8%
USLM
Higher net margin
USLM
USLM
102.4% more per $
USLM
34.7%
-67.6%
BATRA
Faster 2-yr revenue CAGR
USLM
USLM
Annualised
USLM
10.8%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATRA
BATRA
USLM
USLM
Revenue
$61.3M
$87.9M
Net Profit
$-41.4M
$30.5M
Gross Margin
48.0%
Operating Margin
-81.2%
41.0%
Net Margin
-67.6%
34.7%
Revenue YoY
17.6%
9.8%
Net Profit YoY
-116.7%
13.2%
EPS (diluted)
$-0.64
$1.06

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
USLM
USLM
Q4 25
$61.3M
$87.9M
Q3 25
$311.5M
$102.0M
Q2 25
$312.4M
$91.5M
Q1 25
$47.2M
$91.3M
Q4 24
$52.1M
$80.1M
Q3 24
$290.7M
$89.4M
Q2 24
$282.9M
$76.5M
Q1 24
$71.7M
Net Profit
BATRA
BATRA
USLM
USLM
Q4 25
$-41.4M
$30.5M
Q3 25
$30.0M
$38.8M
Q2 25
$29.5M
$30.8M
Q1 25
$-41.4M
$34.1M
Q4 24
$-19.1M
$27.0M
Q3 24
$10.0M
$33.4M
Q2 24
$29.1M
$26.1M
Q1 24
$22.4M
Gross Margin
BATRA
BATRA
USLM
USLM
Q4 25
48.0%
Q3 25
51.2%
Q2 25
45.8%
Q1 25
50.6%
Q4 24
44.3%
Q3 24
48.2%
Q2 24
45.5%
Q1 24
42.7%
Operating Margin
BATRA
BATRA
USLM
USLM
Q4 25
-81.2%
41.0%
Q3 25
12.5%
45.3%
Q2 25
13.4%
39.0%
Q1 25
-94.2%
43.7%
Q4 24
-35.8%
38.8%
Q3 24
2.2%
42.6%
Q2 24
8.8%
39.1%
Q1 24
35.9%
Net Margin
BATRA
BATRA
USLM
USLM
Q4 25
-67.6%
34.7%
Q3 25
9.6%
38.0%
Q2 25
9.4%
33.7%
Q1 25
-87.7%
37.4%
Q4 24
-36.7%
33.7%
Q3 24
3.4%
37.3%
Q2 24
10.3%
34.0%
Q1 24
31.3%
EPS (diluted)
BATRA
BATRA
USLM
USLM
Q4 25
$-0.64
$1.06
Q3 25
$0.47
$1.35
Q2 25
$0.46
$1.07
Q1 25
$-0.66
$1.19
Q4 24
$-0.29
$-2.20
Q3 24
$0.16
$1.16
Q2 24
$0.46
$0.91
Q1 24
$3.92

Balance Sheet & Financial Strength

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

Metric
BATRA
BATRA
USLM
USLM
Cash + ST InvestmentsLiquidity on hand
$99.9M
$371.1M
Total DebtLower is stronger
$738.6M
$0
Stockholders' EquityBook value
$526.0M
$630.8M
Total Assets
$1.6B
$681.0M
Debt / EquityLower = less leverage
1.40×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
USLM
USLM
Q4 25
$99.9M
$371.1M
Q3 25
$82.2M
$349.5M
Q2 25
$96.2M
$319.9M
Q1 25
$244.7M
$300.6M
Q4 24
$110.1M
$278.0M
Q3 24
$100.9M
$255.0M
Q2 24
$121.2M
$222.5M
Q1 24
$207.0M
Total Debt
BATRA
BATRA
USLM
USLM
Q4 25
$738.6M
$0
Q3 25
$759.9M
$0
Q2 25
$703.1M
$0
Q1 25
$699.5M
$0
Q4 24
$617.1M
$0
Q3 24
$640.1M
$0
Q2 24
$600.0M
$0
Q1 24
$0
Stockholders' Equity
BATRA
BATRA
USLM
USLM
Q4 25
$526.0M
$630.8M
Q3 25
$560.3M
$602.3M
Q2 25
$522.8M
$563.3M
Q1 25
$486.1M
$532.2M
Q4 24
$524.2M
$497.7M
Q3 24
$530.4M
$474.2M
Q2 24
$512.7M
$441.1M
Q1 24
$415.3M
Total Assets
BATRA
BATRA
USLM
USLM
Q4 25
$1.6B
$681.0M
Q3 25
$1.7B
$652.8M
Q2 25
$1.7B
$607.4M
Q1 25
$1.7B
$585.3M
Q4 24
$1.5B
$543.2M
Q3 24
$1.6B
$521.8M
Q2 24
$1.6B
$484.2M
Q1 24
$464.0M
Debt / Equity
BATRA
BATRA
USLM
USLM
Q4 25
1.40×
0.00×
Q3 25
1.36×
0.00×
Q2 25
1.34×
0.00×
Q1 25
1.44×
0.00×
Q4 24
1.18×
0.00×
Q3 24
1.21×
0.00×
Q2 24
1.17×
0.00×
Q1 24
0.00×

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
USLM
USLM
Operating Cash FlowLast quarter
$26.4M
$45.6M
Free Cash FlowOCF − Capex
$25.7M
FCF MarginFCF / Revenue
29.2%
Capex IntensityCapex / Revenue
0.0%
22.6%
Cash ConversionOCF / Net Profit
1.49×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
USLM
USLM
Q4 25
$26.4M
$45.6M
Q3 25
$-88.8M
$45.9M
Q2 25
$-8.1M
$34.0M
Q1 25
$95.8M
$39.4M
Q4 24
$28.9M
$38.6M
Q3 24
$-69.0M
$39.0M
Q2 24
$-34.3M
$21.2M
Q1 24
$27.2M
Free Cash Flow
BATRA
BATRA
USLM
USLM
Q4 25
$25.7M
Q3 25
$31.3M
Q2 25
$-82.3M
$20.8M
Q1 25
$76.3M
$24.6M
Q4 24
$16.8M
$27.6M
Q3 24
$-85.5M
$33.9M
Q2 24
$-64.1M
$16.8M
Q1 24
$20.3M
FCF Margin
BATRA
BATRA
USLM
USLM
Q4 25
29.2%
Q3 25
30.7%
Q2 25
-26.3%
22.7%
Q1 25
161.5%
26.9%
Q4 24
32.3%
34.4%
Q3 24
-29.4%
37.9%
Q2 24
-22.7%
21.9%
Q1 24
28.4%
Capex Intensity
BATRA
BATRA
USLM
USLM
Q4 25
0.0%
22.6%
Q3 25
0.0%
14.4%
Q2 25
23.7%
14.5%
Q1 25
41.3%
16.3%
Q4 24
23.2%
13.8%
Q3 24
5.7%
5.8%
Q2 24
10.5%
5.7%
Q1 24
9.5%
Cash Conversion
BATRA
BATRA
USLM
USLM
Q4 25
1.49×
Q3 25
-2.96×
1.18×
Q2 25
-0.28×
1.10×
Q1 25
1.16×
Q4 24
1.43×
Q3 24
-6.89×
1.17×
Q2 24
-1.18×
0.81×
Q1 24
1.21×

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%

USLM
USLM

Segment breakdown not available.

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