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Sep 30, 2024

Atlanta Braves Q3 2024 Earnings Report

Atlanta Braves Holdings reported an increase in total revenue, driven by growth in both baseball and mixed-use development revenues, but experienced a decrease in operating income due to increased baseball operating costs.

Key Takeaways

Atlanta Braves Holdings reported a 7% increase in total revenue for the third quarter of 2024, reaching $291 million. Baseball revenue increased by 7% to $273 million, and mixed-use development revenue grew by 12% to $17 million. However, operating income decreased by 59% to $6.4 million due to increased baseball operating costs.

Total revenue grew to $291 million, a 7% increase from the prior year period.

Baseball revenue increased 7% to $273 million.

Mixed-use development revenue grew 12% to $17 million.

Operating income decreased 59% to $6.4 million due to increased baseball operating costs.

Total Revenue
$291M
Previous year: $272M
+6.9%
EPS
$0.16
Previous year: -$0.4
-140.0%
Gross Profit
$43.5M
Previous year: $50.1M
-13.1%
Cash and Equivalents
$101M
Previous year: $127M
-20.3%
Free Cash Flow
-$85.5M
Previous year: -$72.8M
+17.4%
Total Assets
$1.56B
Previous year: $1.52B
+2.5%

Atlanta Braves

Atlanta Braves

Atlanta Braves Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income