Bally's (BALY) Interest Expenses (2018 - 2024)
Bally's (BALY) reported Interest Expenses of $73.98 million for Q3 2024, up 4.7% from $70.63 million a year earlier but down 0.3% from the prior quarter.
Bally's (BALY) Interest Expenses (2018 - 2024) Analysis & Trends
Over the twelve months ended Sep 30, 2024, Bally's' Interest Expenses came in at $297.88 million, up 12.8% year-over-year; for FY2023, it came in at $277.56 million, up 33.3% from FY2022.
- Interest Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 64.5% (FY2018 to FY2023).
- By year, Interest Expenses came in at $208.15 million in FY2022 (+76.5%), $117.92 million in FY2021 (+88.3%), $62.64 million in FY2020 (+57.3%) and $39.83 million in FY2019 (+73.0%).
- Five-year quarterly Interest Expenses spans a low of $11.35 million in Q4 2019 and a high of $76.57 million in Q4 2023.
- Year over year, Interest Expenses has now increased in each of the last 23 quarters, with growth averaging 26.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Interest Expenses ran from 4.7% in Q3 2024 to 129.3% in Q4 2021.
- Per Business Quant data, the three quarters before Q3 2024 came in at $74.2 million (Q2 2024), $73.13 million (Q1 2024) and $76.57 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 189.00 Mn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | - |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | - |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 4.45 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 152.18 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 102.13 Mn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | - |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | -8.00 Mn |
| 10 | Bally's | 671.14 Mn | 287.76 Mn | 391.85 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 73.98 Mn |
| Jun 30, 2024 | 74.20 Mn |
| Mar 31, 2024 | 73.13 Mn |
| Dec 31, 2023 | 76.57 Mn |
| Sep 30, 2023 | 70.63 Mn |
| Jun 30, 2023 | 67.09 Mn |
| Mar 31, 2023 | 63.26 Mn |
| Dec 31, 2022 | 63.07 Mn |
| Sep 30, 2022 | 53.57 Mn |
| Jun 30, 2022 | 45.83 Mn |
| Mar 31, 2022 | 45.69 Mn |
| Dec 31, 2021 | 43.44 Mn |
| Sep 30, 2021 | 31.85 Mn |
| Jun 30, 2021 | 21.83 Mn |
| Mar 31, 2021 | 20.80 Mn |
| Dec 31, 2020 | 18.95 Mn |
| Sep 30, 2020 | 16.95 Mn |
| Jun 30, 2020 | 15.22 Mn |
| Mar 31, 2020 | 11.52 Mn |
| Dec 31, 2019 | 11.35 Mn |
Bally's Interest Expenses 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=interest-expenses&ticker=BALY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=BALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();