NYSE : BALY
Bally's Corporation — Financial statements
Consumer Discretionary · Resorts & Casinos · United States
Last price 13.52 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 682.35M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Bally's Corporation (BALY) reported revenue of 2.96B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 2.96B | 2.66B | 2.45B | 2.45B | 2.26B | 1.32B |
| Revenue | 2.96B | 2.66B | 2.45B | 2.45B | 2.26B | 1.32B |
| Cost of Revenue | 1.25B | 1.07B | 953.05M | 1.11B | 1.01B | 535.08M |
| Gross Profit | 1.71B | 1.59B | 1.50B | 1.34B | 1.25B | 787.36M |
| Selling, General & Admin | 1.35B | 1.25B | 1.16B | 1.03B | 776.23M | 496.66M |
| Operating Expenses | 1.71B | 1.56B | 1.46B | 1.38B | 1.08B | 641.44M |
| Operating Income | -8.80M | 28.77M | 41.85M | -40.18M | 169.68M | 145.92M |
| Interest Expense | -452.70M | -400.80M | -310.35M | -283.66M | -208.77M | -113.62M |
| Interest & Investment Income | 7.85M | 8.34M | 20.72M | 6.10M | 616.00K | |
| Earnings From Equity Investments | -342.00K | -3.86M | -1.85M | 4.25M | ||
| Currency Exchange Gain (Loss) | -19.30M | -34.57M | 10.27M | -11.02M | 516.00K | -33.46M |
| Other Non Operating Income (Expenses) | 29.42M | 218.11M | -11.62M | -10.54M | 46.18M | 14.79M |
| EBT Excluding Unusual Items | -443.87M | -184.01M | -250.98M | -335.04M | 8.22M | 13.63M |
| Merger & Restructuring Charges | -131.29M | -145.62M | -137.56M | -86.05M | -49.48M | -71.29M |
| Impairment of Goodwill | -72.50M | -72.50M | -71.64M | -231.60M | ||
| Gain (Loss) on Sale of Assets | 105.84M | 86.25M | 374.32M | 50.77M | 53.42M | |
| Asset Writedown | -109.12M | -109.12M | -177.24M | -144.08M | -232.38M | -4.67M |
| Other Unusual Items | -203.13M | -157.08M | -1.34M | 5.12M | -110.17M | |
| Pretax Income | -854.06M | -668.34M | -552.50M | -185.74M | -454.47M | -119.07M |
| Income Tax Expense | -57.61M | 48.23M | 15.25M | 1.76M | -28.92M | -4.38M |
| Earnings From Continuing Operations | -796.46M | -716.56M | -567.75M | -187.50M | -425.55M | -114.70M |
| Minority Interest in Earnings | 32.32M | 15.46M | ||||
| Net Income | -764.14M | -701.10M | -567.75M | -187.50M | -425.55M | -114.70M |
| Net Income to Common | -764.14M | -701.10M | -567.75M | -187.50M | -425.55M | -114.70M |
| Shares Outstanding (Basic) | 60.50M | 59.33M | 48.47M | 53.35M | 58.11M | 49.64M |
| Shares Outstanding (Diluted) | 60.50M | 59.33M | 48.47M | 53.35M | 58.11M | 49.64M |
| EPS (Basic) | -12.63 | -11.82 | -11.71 | -3.51 | -7.32 | -2.31 |
| EPS (Diluted) | -12.63 | -11.82 | -11.71 | -3.51 | -7.32 | -2.31 |
| Free Cash Flow | -514.36M | -275.49M | -85.83M | -122.87M | 58.72M | -14.77M |
| Free Cash Flow Per Share | -8.50 | -4.64 | -1.77 | -2.30 | 1.01 | -0.30 |
| Gross Margin | 57.68% | 59.87% | 61.11% | 54.87% | 55.26% | 59.54% |
| Operating Margin | -0.30% | 1.08% | 1.71% | -1.64% | 7.52% | 11.03% |
| Profit Margin | -25.83% | -26.39% | -23.17% | -7.66% | -18.87% | -8.67% |
| Free Cash Flow Margin | -17.39% | -10.37% | -3.50% | -5.02% | 2.60% | -1.12% |
| EBITDA | 354.24M | 344.23M | 341.30M | 310.23M | 470.24M | 290.71M |
| EBITDA Margin | 11.98% | 12.96% | 13.93% | 12.67% | 20.85% | 21.98% |
| D&A For EBITDA | 363.04M | 315.46M | 299.44M | 350.41M | 300.56M | 144.79M |
| EBIT | -8.80M | 28.77M | 41.85M | -40.18M | 169.68M | 145.92M |
| EBIT Margin | -0.30% | 1.08% | 1.71% | -1.64% | 7.52% | 11.03% |
| Revenue as Reported | 2.96B | 2.66B | 2.45B | 2.45B | 2.26B | 1.32B |
| Advertising Expenses | 13.80M | 12.20M | 19.00M | 26.80M | 7.50M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 390.18M | 798.42M | 171.23M | 163.19M | 212.51M | 206.19M |
| Trading Asset Securities | 73.00K | 340.00K | 5.36M | |||
| Cash & Short-Term Investments | 390.26M | 798.42M | 171.57M | 168.55M | 212.51M | 206.19M |
| Accounts Receivable | 124.38M | 100.25M | 27.68M | 33.11M | 29.14M | 16.70M |
| Other Receivables | 122.03M | 168.56M | 73.14M | 132.07M | 137.47M | 193.99M |
| Receivables | 246.41M | 283.55M | 118.16M | 165.18M | 166.61M | 210.69M |
| Inventory | 68.77M | 55.84M | 19.32M | 14.63M | 14.19M | 11.49M |
| Prepaid Expenses | 159.14M | 55.11M | 58.43M | 50.23M | 45.81M | 41.20M |
| Restricted Cash | 97.59M | 108.26M | 60.02M | 152.07M | 52.67M | 68.65M |
| Other Current Assets | 2.79M | 45.60M | 20.37M | 21.69M | 30.92M | 28.97M |
| Total Current Assets | 964.95M | 1.35B | 447.87M | 572.35M | 522.71M | 567.19M |
| Property, Plant & Equipment | 2.93B | 2.83B | 2.18B | 2.34B | 2.01B | 1.35B |
| Long-Term Investments | 192.29M | 320.23M | 20.75M | 14.15M | 2.40M | |
| Goodwill | 3.37B | 3.43B | 1.80B | 1.94B | 1.75B | 2.12B |
| Other Intangible Assets | 2.86B | 3.00B | 1.31B | 1.87B | 1.96B | 2.48B |
| Long-Term Deferred Tax Assets | 25.86M | 12.48M | 2.31M | 36.03M | 25.54M | 11.92M |
| Other Long-Term Assets | 442.76M | 268.36M | 75.08M | 96.17M | 20.08M | 19.08M |
| Total Assets | 10.81B | 11.23B | 5.86B | 6.86B | 6.30B | 6.55B |
| Accounts Payable | 195.81M | 196.89M | 85.77M | 69.16M | 70.07M | 87.54M |
| Accrued Expenses | 522.90M | 935.07M | 338.28M | 348.25M | 373.93M | 401.43M |
| Current Portion of Long-Term Debt | 42.54M | 37.34M | 19.45M | 19.45M | 19.45M | 19.45M |
| Current Portion of Leases | 126.76M | 104.65M | 65.83M | 54.84M | 32.93M | 24.51M |
| Current Income Taxes Payable | 15.91M | 20.37M | 25.47M | 78.30M | 56.01M | 37.21M |
| Current Unearned Revenue | 92.65M | 200.00M | ||||
| Other Current Liabilities | 60.95M | 392.73M | 143.01M | 304.78M | 3.41M | |
| Total Current Liabilities | 1.06B | 1.69B | 677.81M | 874.78M | 755.80M | 570.13M |
| Long-Term Debt | 4.47B | 4.49B | 3.31B | 3.66B | 3.47B | 3.43B |
| Long-Term Leases | 2.27B | 1.83B | 1.55B | 1.35B | 1.00B | 506.48M |
| Long-Term Deferred Tax Liabilities | 537.38M | 553.51M | 118.21M | 125.59M | 138.02M | 214.47M |
| Other Long-Term Liabilities | 306.35M | 122.62M | 166.04M | 211.79M | 127.73M | 219.56M |
| Total Liabilities | 8.64B | 8.69B | 5.83B | 6.23B | 5.49B | 4.94B |
| Common Stock | 488.00K | 484.00K | 408.00K | 400.00K | 466.00K | 530.00K |
| Additional Paid-In Capital | 1.54B | 1.57B | 1.41B | 1.40B | 1.64B | 1.85B |
| Retained Earnings | -958.06M | -650.07M | -1.12B | -555.89M | -535.37M | -181.58M |
| Treasury Stock | -29.17M | |||||
| Comprehensive Income & Other | 62.26M | 69.42M | -260.27M | -209.56M | -295.64M | -26.81M |
| Total Common Equity | 644.78M | 994.66M | 30.90M | 635.43M | 805.82M | 1.61B |
| Minority Interest | 1.53B | 1.55B | 428.00K | 428.00K | 3.76M | |
| Shareholders' Equity | 2.17B | 2.54B | 30.90M | 635.85M | 806.25M | 1.62B |
| Total Liabilities & Equity | 10.81B | 11.23B | 5.86B | 6.86B | 6.30B | 6.55B |
| Total Debt | 6.91B | 6.46B | 4.95B | 5.09B | 4.52B | 3.98B |
| Net Cash (Debt) | -6.51B | -5.67B | -4.78B | -4.92B | -4.31B | -3.77B |
| Net Cash Per Share | -107.68 | -95.50 | -98.64 | -92.20 | -74.21 | -75.96 |
| Filing Date Shares Outstanding | 50.47M | 48.54M | 48.51M | 40.09M | 46.68M | 51.69M |
| Total Common Shares Outstanding | 48.99M | 48.52M | 40.79M | 39.97M | 46.67M | 52.25M |
| Working Capital | -92.58M | -340.26M | -229.94M | -302.44M | -233.09M | -2.94M |
| Book Value Per Share | 13.16 | 20.50 | 0.76 | 15.90 | 17.27 | 30.85 |
| Tangible Book Value | -5.59B | -5.44B | -3.08B | -3.17B | -2.90B | -2.99B |
| Tangible Book Value Per Share | -114.08 | -112.09 | -75.43 | -79.35 | -62.19 | -57.19 |
| Land | 259.38M | 75.33M | ||||
| Buildings | 182.76M | 712.24M | 370.09M | 673.07M | 752.96M | 650.84M |
| Machinery | 342.32M | 319.50M | 345.06M | 333.14M | 310.09M | 229.26M |
| Construction In Progress | 71.80M | 27.62M | 149.91M | 73.81M | 116.18M | 53.72M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -780.99M | -701.10M | -567.75M | -187.50M | -425.55M | -114.70M |
| Depreciation & Amortization | 464.69M | 404.70M | 358.17M | 350.41M | 300.56M | 144.79M |
| Other Amortization | 79.15M | 78.29M | 11.71M | 11.31M | 10.90M | 7.56M |
| Loss (Gain) From Sale of Assets | -105.84M | -58.46M | -374.32M | -50.77M | -53.42M | |
| Asset Writedown & Restructuring Costs | 181.62M | 181.62M | 328.98M | 151.00M | 460.73M | 26.11M |
| Loss (Gain) on Equity Investments | 342.00K | 3.86M | 1.85M | -4.25M | ||
| Stock-Based Compensation | 30.38M | 33.06M | 14.75M | 24.07M | 27.91M | 20.14M |
| Other Operating Activities | 59.79M | -2.94M | 44.35M | 204.79M | -89.92M | 113.85M |
| Change in Other Net Operating Assets | -264.88M | -88.69M | -19.60M | 13.11M | 37.11M | -61.58M |
| Operating Cash Flow | -335.75M | -91.20M | 114.00M | 188.61M | 270.97M | 82.75M |
| Capital Expenditures | -178.61M | -184.29M | -199.83M | -311.48M | -212.26M | -97.53M |
| Sale of Property, Plant & Equipment | 68.82M | 68.82M | ||||
| Cash Acquisitions | 2.10B | 2.12B | -788.00K | -93.90M | -146.32M | -2.27B |
| Divestitures | -4.18M | |||||
| Sale (Purchase) of Intangibles | -537.16M | -40.78M | -47.37M | -190.69M | -92.90M | -65.21M |
| Sale (Purchase) of Real Estate | -200.00M | |||||
| Investment in Securities | -43.91M | -127.63M | -3.17M | |||
| Other Investing Activities | 674.54M | -9.05M | 350.00M | 388.28M | 351.73M | 140.05M |
| Investing Cash Flow | 2.08B | 1.82B | 97.83M | -207.79M | -302.92M | -2.30B |
| Long-Term Debt Issued | 1.43B | 440.00M | 448.00M | 797.00M | 3.79B | |
| Long-Term Debt Repaid | -1.99B | -794.45M | -280.07M | -564.45M | -1.88B | |
| Net Debt Issued (Repaid) | -1.24B | -559.66M | -354.45M | 167.93M | 232.55M | 1.91B |
| Issuance of Common Stock | 667.87M | |||||
| Repurchase of Common Stock | -46.19M | -438.01M | -99.08M | -153.37M | -87.02M | |
| Other Financing Activities | -205.70M | -45.53M | 66.61M | -3.09M | -35.95M | -86.23M |
| Financing Cash Flow | -1.49B | -1.04B | -287.84M | 65.75M | 43.24M | 2.40B |
| Foreign Exchange Rate Adjustments | -4.20M | -14.76M | -8.00M | 5.15M | -20.72M | -42.16M |
| Miscellaneous Cash Flow Adjustments | -1.65M | -220.00K | ||||
| Net Cash Flow | 246.87M | 675.43M | -84.01M | 50.08M | -9.66M | 148.28M |
| Free Cash Flow | -514.36M | -275.49M | -85.83M | -122.87M | 58.72M | -14.77M |
| Free Cash Flow Margin | -17.39% | -10.37% | -3.50% | -5.02% | 2.60% | -1.12% |
| Free Cash Flow Per Share | -8.50 | -4.64 | -1.77 | -2.30 | 1.01 | -0.30 |
| Levered Free Cash Flow | -681.02M | 738.92M | -110.84M | -315.31M | 237.82M | 220.03M |
| Unlevered Free Cash Flow | -477.23M | 911.13M | 71.42M | -149.33M | 357.41M | 283.49M |
| Cash Interest Paid | 444.64M | 379.81M | 314.25M | 249.51M | 200.90M | 65.93M |
| Cash Income Tax Paid | 53.57M | 50.01M | 2.20M | 14.44M | -38.20M | 42.29M |
| Change in Working Capital | -264.88M | -88.69M | -19.60M | 13.11M | 37.11M | -61.58M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 682.35M | 812.16M | 751.12M | |||
| Enterprise Value | 7.20B | 6.32B | 5.65B | |||
| Last Close Price | 13.52 | 16.52 | 18.47 | |||
| PS Ratio | 0.23 | 0.31 | 0.31 | |||
| PB Ratio | 1.03 | 0.32 | 24.31 | |||
| P/OCF Ratio | 6.59 | |||||
| EV/Sales Ratio | 2.43 | 2.38 | 2.31 | |||
| EV/EBITDA Ratio | 20.32 | 18.35 | 16.56 | |||
| EV/EBIT Ratio | 219.51 | 135.04 | ||||
| Debt / Equity Ratio | 3.18 | 2.54 | 160.26 | 8.00 | 5.61 | 2.46 |
| Debt / EBITDA Ratio | 10.67 | 10.62 | 9.27 | 10.55 | 7.91 | 11.60 |
| Debt / FCF Ratio | 77.06 | |||||
| Net Debt / Equity Ratio | 3.00 | 2.23 | 154.71 | 7.74 | 5.35 | 2.33 |
| Net Debt / EBITDA Ratio | 18.39 | 16.46 | 14.01 | 15.86 | 9.17 | 12.97 |
| Net Debt / FCF Ratio | -12.67 | -20.57 | -55.70 | -40.03 | 73.44 | -255.30 |
| Asset Turnover | 0.32 | 0.31 | 0.39 | 0.37 | 0.35 | 0.31 |
| Inventory Turnover | 26.95 | 28.37 | 56.15 | 76.69 | 78.60 | 51.49 |
| Quick Ratio | 0.60 | 0.63 | 0.40 | 0.38 | 0.50 | 0.73 |
| Current Ratio | 0.91 | 0.80 | 0.66 | 0.65 | 0.69 | 0.99 |
| Return on Equity (ROE) | -56.64% | -55.64% | -170.30% | -26.00% | -35.14% | -11.81% |
| Return on Assets (ROA) | -0.06% | 0.21% | 0.41% | -0.38% | 1.65% | 2.15% |
| Return on Invested Capital (ROIC) | -0.10% | 0.44% | 0.81% | -0.75% | 3.23% | 4.32% |
| Return on Capital Employed (ROCE) | -0.10% | 0.30% | 0.80% | -0.70% | 3.10% | 2.40% |
| Earnings Yield | -93.44% | -86.33% | -75.59% | |||
| FCF Yield | -75.38% | -33.92% | -11.43% | |||
| Buyback Yield / Dilution | -13.40% | -22.40% | 9.15% | 8.19% | -17.06% | -58.53% |
| Total Shareholder Return | -13.40% | -22.40% | 9.15% | 8.19% | -17.06% | -58.53% |