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BATRA (Atlanta Braves Holdings) 3-Year ROIIC % : -118.37% (As of Dec. 2023)


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What is Atlanta Braves Holdings 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Atlanta Braves Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -118.37%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Atlanta Braves Holdings's 3-Year ROIIC % or its related term are showing as below:

BATRA's 3-Year ROIIC % is ranked worse than
91.72% of 1002 companies
in the Media - Diversified industry
Industry Median: 0.36 vs BATRA: -118.37

Atlanta Braves Holdings 3-Year ROIIC % Historical Data

The historical data trend for Atlanta Braves Holdings's 3-Year ROIIC % 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.

* Premium members only.

Atlanta Braves Holdings 3-Year ROIIC % Chart

Atlanta Braves Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial 217.57 16.39 -32.94 -10.62 -118.37

Atlanta Braves Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -118.37 - - -

Competitive Comparison of Atlanta Braves Holdings's 3-Year ROIIC %

For the Entertainment subindustry, Atlanta Braves Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Atlanta Braves Holdings's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Atlanta Braves Holdings's 3-Year ROIIC % falls into.



Atlanta Braves Holdings 3-Year ROIIC % Calculation

Atlanta Braves Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -44.5043076 (Dec. 2023) - -86.0672 (Dec. 2020) )/( 1446.888 (Dec. 2023) - 1482 (Dec. 2020) )
=41.5628924/-35.112
=-118.37%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Atlanta Braves Holdings  (NAS:BATRA) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Atlanta Braves Holdings 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Atlanta Braves Holdings's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlanta Braves Holdings Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
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. The company predominantly derives revenue related to the Braves baseball franchise and Truist Park from ticket sales, concessions, local broadcasting rights, advertising sponsorships, suites and premium seat fees, retail and licensing revenue, shared MLB revenue streams, including national broadcasting rights and licensing, and other sources. The company's reportable segments include, baseball which generates key revenue, and mixed-use development.
Executives
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 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
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