Atlanta Braves Holdings (Atlanta Braves Holdings) Gross Margin % : 19.78% (As of Dec. 2023)

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What is Atlanta Braves Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atlanta Braves Holdings's Gross Profit for the three months ended in Dec. 2023 was $13.4 Mil. Atlanta Braves Holdings's Revenue for the three months ended in Dec. 2023 was $67.7 Mil. Therefore, Atlanta Braves Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 19.78%.

The historical rank and industry rank for Atlanta Braves Holdings's Gross Margin % or its related term are showing as below:

BATRA' s Gross Margin % Range Over the Past 10 Years
Min: 23.33 Med: 24.59 Max: 29.37
Current: 29.37

During the past 8 years, the highest Gross Margin % of Atlanta Braves Holdings was 29.37%. The lowest was 23.33%. And the median was 24.59%.

BATRA's Gross Margin % is ranked worse than
64.83% of 964 companies
in the Media - Diversified industry
Industry Median: 38.555 vs BATRA: 29.37

Atlanta Braves Holdings had a gross margin of 19.78% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Atlanta Braves Holdings was 0.00% per year.

Atlanta Braves Holdings Gross Margin % Historical Data

The historical data trend for Atlanta Braves Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Atlanta Braves Holdings Gross Margin % Chart

Atlanta Braves Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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25.84

23.33

Atlanta Braves Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															43.75	-	26.80	26.26	19.78

Competitive Comparison of Atlanta Braves Holdings's Gross Margin %

For the Entertainment subindustry, Atlanta Braves Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Atlanta Braves Holdings's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Atlanta Braves Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Atlanta Braves Holdings's Gross Margin % falls into.

Atlanta Braves Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Atlanta Braves Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	149.4	/	640.667
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(640.667 - 491.225)	/	640.667
	=	23.33 %

Atlanta Braves Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	13.4	/	67.748
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(67.748 - 54.35)	/	67.748
	=	19.78 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Atlanta Braves Holdings (NAS:BATRA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Atlanta Braves Holdings had a gross margin of 19.78% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Atlanta Braves Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Atlanta Braves Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlanta Braves Holdings (Atlanta Braves Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Atlanta Braves Holdings Inc (NAS:BATRA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

BATRB:USA BATRK:USA E450:Germany E45:Germany

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.bravesholdings.com

Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club's stadium, Truist Park.

Executives

Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
David E Rapley	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Berkshire Hathaway Inc	10 percent owner	3555 FARNAM STREET, OMAHA NE 68131
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Brian J Wendling	officer: CAO/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
R. Ted Weschler,	other: Member of 10% owner group	404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Robert R Bennett	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Warren E Buffett	10 percent owner	3555 FARNAM ST, STE 1440, OMAHA NE 68131
Albert E Rosenthaler	officer: Chief Corp. Dev. Officer	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
John C Malone	director, 10 percent owner, officer: Chairman of the Board	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei	director, officer: President, CEO	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian Deevy	director	C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069