Bally's (BALY) Operating Margin (2018 - 2026)
Bally's (BALY) reported Operating Margin of 12.12% for Q1 2026, up 1261.0% year-over-year from 0.89% in Q1 2025, and up 132.96% quarter-over-quarter from 36.78% in Q4 2025.
Bally's (BALY) Operating Margin (2018 - 2026) Analysis & Trends
Bally's (BALY) has 9 years of Operating Margin data on file, last reported at 12.12% in Q1 2026.
- Operating Margin for Q1 2026 came in at 12.12%, up 1261.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.53% (up 193.0% YoY), and the FY2025 annual result was 11.4%, down 86.0% from the prior year.
- Operating Margin climbed to 12.12% in Q1 2026 per BALY's latest filing, from 36.78% in the prior quarter.
- Over five years, Operating Margin peaked at 62.92% in Q1 2023 and troughed at 78.81% in Q4 2022.
- A 5-year average of 5.82% and a median of 0.15% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin soared 5882 bps in 2023, then tumbled 7488 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 78.81% in 2022, then soared by 34 bps to 51.65% in 2023, then surged by 89 bps to 5.56% in 2024, then tumbled by 561 bps to 36.78% in 2025, then surged by 133 bps to 12.12% in 2026.
- Business Quant data shows BALY's Operating Margin at 12.12% in Q1 2026, 36.78% in Q4 2025, and 0.15% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 15.22% |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 16.44% |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 195.99% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 17.42% |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 31.83% |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | -2.96% |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 28.32% |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 4.77% |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 5.46% |
| 10 | Bally's | 813.95 Mn | 1.81 Bn | 674.12 Mn | 12.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.12% |
| Dec 31, 2025 | -36.78% |
| Sep 30, 2025 | 0.15% |
| Jun 30, 2025 | -0.37% |
| Mar 31, 2025 | -0.49% |
| Dec 31, 2024 | -5.56% |
| Sep 30, 2024 | -25.03% |
| Jun 30, 2024 | 0.90% |
| Mar 31, 2024 | -11.96% |
| Dec 31, 2023 | -51.65% |
| Sep 30, 2023 | 5.89% |
| Jun 30, 2023 | 0.99% |
| Mar 31, 2023 | 62.92% |
| Dec 31, 2022 | -78.81% |
| Sep 30, 2022 | 9.28% |
| Jun 30, 2022 | 15.44% |
| Mar 31, 2022 | 4.11% |
| Dec 31, 2021 | -8.10% |
| Sep 30, 2021 | 8.81% |
| Jun 30, 2021 | 30.08% |