Bally's (BALY) Net Margin (2018 - 2026)
Bally's (BALY) posted quarterly Net Margin of 21.29% for Q1 2026, down 3065.0% year-over-year from 0.72% in Q1 2025, and up 56.53% quarter-over-quarter from 48.97% in Q4 2025.
Bally's (BALY) Net Margin (2018 - 2026) Analysis & Trends
Bally's (BALY) has reported Net Margin for 9 consecutive years, with 21.29% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 3065.0% year-over-year to 21.29%; the TTM figure through Mar 2026 stood at 30.49% (down 1417.0% YoY), while the FY2025 annual figure was 27.32%, down 415.0% from the prior year.
- Net Margin climbed to 21.29% in Q1 2026 per BALY's latest filing, from 48.97% in the prior quarter.
- Across five years, Net Margin topped out at 29.79% in Q1 2023 and bottomed at 84.54% in Q4 2022.
- Historically, Net Margin has averaged 18.04% across 5 years, with a median of 14.78% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 6349 bps — and 2023, when it soared 3903 bps.
- Bally's' Net Margin stood at 84.54% in 2022, then surged by 46 bps to 45.51% in 2023, then soared by 68 bps to 14.78% in 2024, then sank by 231 bps to 48.97% in 2025, then soared by 57 bps to 21.29% in 2026.
- Business Quant data shows BALY's Net Margin at 21.29% in Q1 2026, 48.97% in Q4 2025, and 16.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 11.83% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 7.25% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 9.83% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 12.56% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | -1.37% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 28.23% |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 5.83% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 1.10% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 15.01% |
| 10 | Bally's | 596.79 Mn | 206.61 Mn | 475.93 Mn | -20.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -21.29% |
| Dec 31, 2025 | -48.97% |
| Sep 30, 2025 | -16.00% |
| Jun 30, 2025 | -34.74% |
| Mar 31, 2025 | 9.36% |
| Dec 31, 2024 | -14.78% |
| Sep 30, 2024 | -39.34% |
| Jun 30, 2024 | -9.68% |
| Mar 31, 2024 | -28.12% |
| Dec 31, 2023 | -45.51% |
| Sep 30, 2023 | -9.77% |
| Jun 30, 2023 | -4.23% |
| Mar 31, 2023 | 29.79% |
| Dec 31, 2022 | -84.54% |
| Sep 30, 2022 | 0.10% |
| Jun 30, 2022 | 10.77% |
| Mar 31, 2022 | 0.34% |
| Dec 31, 2021 | -21.05% |
| Sep 30, 2021 | -18.31% |
| Jun 30, 2021 | 25.75% |