Bally's (BALY) EBITDA Margin (2018 - 2026)
Bally's (BALY) reported EBITDA Margin of 9.60% for Q2 2026, down 4.11 percentage points from 13.71% a year earlier and down 17.93 percentage points from the prior quarter.
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Analysis
Bally's (BALY) EBITDA Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bally's' EBITDA Margin came in at 7.65%, up 2.85 percentage points year-over-year; for FY2025, it was 3.81%, down 1.62 percentage points from FY2024.
- EBITDA Margin has a five-year change of -2.66 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 5.42% in FY2024 (-13.59 pp), 19.02% in FY2023 (+18.20 pp), 0.82% in FY2022 (-17.77 pp) and 18.58% in FY2021 (+12.12 pp).
- Five-year quarterly EBITDA Margin spans a low of -65.66% in Q4 2022 and a high of 75.84% in Q1 2023.
- Year over year, EBITDA Margin gained in four of the last eight quarters, with an average year-over-year change of +1.98 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q1 2023 (a gain of 56.90 percentage points); the low point was Q4 2022 (a drop of 72.17 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.53% (Q1 2026), -21.43% (Q4 2025) and 15.39% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn | 30.91% |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn | -20.29% |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 27.30% |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn | 0.84% |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn | 21.08% |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn | 9.53% |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn | 11.82% |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 42.11% |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn | 29.31% |
| 10 | Bally's | 705.24 Mn | -1.20 Bn | 391.85 Mn | 9.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.60% |
| Mar 31, 2026 | 27.53% |
| Dec 31, 2025 | -21.43% |
| Sep 30, 2025 | 15.39% |
| Jun 30, 2025 | 13.71% |
| Mar 31, 2025 | 16.36% |
| Dec 31, 2024 | 5.84% |
| Sep 30, 2024 | -12.21% |
| Jun 30, 2024 | 14.04% |
| Mar 31, 2024 | 14.34% |
| Dec 31, 2023 | -31.71% |
| Sep 30, 2023 | 18.60% |
| Jun 30, 2023 | 14.51% |
| Mar 31, 2023 | 75.84% |
| Dec 31, 2022 | -65.66% |
| Sep 30, 2022 | 22.57% |
| Jun 30, 2022 | 29.47% |
| Mar 31, 2022 | 18.94% |
| Dec 31, 2021 | 6.51% |
| Sep 30, 2021 | 18.58% |
API Access
Bally's EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "BALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();