Bally's (BALY) FCF Margin (2018 - 2026)
Bally's (BALY) recorded FCF Margin of -19.69% in Q2 2026, down 14.80 percentage points from -4.89% a year earlier but up 4.64 percentage points from the prior quarter.
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Analysis
Bally's (BALY) FCF Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Bally's' FCF Margin came in at -16.84% as of Jun 30, 2026, down 13.14 percentage points year-over-year; for FY2025, it was -7.34%, down 3.84 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -8.47 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -3.50% in FY2024 (+1.51 pp), -5.02% in FY2023 (+1.28 pp), -6.29% in FY2022 (-3.73 pp) and -2.57% in FY2021 (-3.70 pp).
- Quarterly FCF Margin has ranged from -34.35% in Q4 2022 to 14.87% in Q2 2022 over the past five years.
- On a year-over-year basis, FCF Margin has declined for five consecutive quarters, with an average year-over-year change of -6.64 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 38.44 percentage points in Q4 2023, against a drop of 27.58 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -24.33% (Q1 2026), -2.54% (Q4 2025) and -20.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn | 18.31% |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn | 4.93% |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | -2.98% |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn | 7.40% |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn | -6.20% |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn | 7.38% |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn | 20.67% |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 17.72% |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn | 12.79% |
| 10 | Bally's | 705.24 Mn | -1.20 Bn | 391.85 Mn | -19.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.69% |
| Mar 31, 2026 | -24.33% |
| Dec 31, 2025 | -2.54% |
| Sep 30, 2025 | -20.99% |
| Jun 30, 2025 | -4.89% |
| Mar 31, 2025 | 3.13% |
| Dec 31, 2024 | -1.08% |
| Sep 30, 2024 | -8.86% |
| Jun 30, 2024 | 1.91% |
| Mar 31, 2024 | -5.81% |
| Dec 31, 2023 | 4.09% |
| Sep 30, 2023 | -14.61% |
| Jun 30, 2023 | 0.71% |
| Mar 31, 2023 | -9.99% |
| Dec 31, 2022 | -34.35% |
| Sep 30, 2022 | 1.64% |
| Jun 30, 2022 | 14.87% |
| Mar 31, 2022 | -6.42% |
| Dec 31, 2021 | -6.76% |
| Sep 30, 2021 | 2.31% |
API Access
Bally's FCF 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=fcf-margin&ticker=BALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=BALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();