Bally's (BALY) Return on Invested Capital [ROIC] (2019 - 2026)
Bally's' Return on Invested Capital [ROIC] was -3.00% in Q2 2026, up 1.58 percentage points from -4.58% a year earlier but down 0.33 percentage points from the prior quarter.
Powered by 
Analysis
Bally's (BALY) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Bally's came in at -5.34%, up 1.41 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -5.23 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -6.76% in FY2024 (-9.18 pp), 2.42% in FY2023 (+8.29 pp), -5.86% in FY2022 (-8.64 pp) and 2.77% in FY2021 (+2.89 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -11.30% (Q3 2024) and 2.41% (Q4 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for six straight quarters, with an average year-over-year change of +0.16 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2025 (a gain of 10.46 percentage points); the worst was Q3 2024 (a drop of 10.50 percentage points).
- Per Business Quant data, BALY's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was -2.67% (Q1 2026), -4.91% (Q4 2025) and -0.84% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | 9.51% |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | 8.24% |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 14.92% |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | -31.36% |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | -4.82% |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 8.63% |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 13.52% |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | - |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 9.62% |
| 10 | Bally's | 585.90 Mn | 202.52 Mn | 391.85 Mn | -0.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.46% |
| Mar 31, 2026 | -0.04% |
| Dec 31, 2025 | -1.70% |
| Sep 30, 2025 | -3.79% |
| Jun 30, 2025 | -3.69% |
| Mar 31, 2025 | -4.89% |
| Sep 30, 2024 | -11.30% |
| Jun 30, 2024 | -7.46% |
| Mar 31, 2024 | -6.89% |
| Dec 31, 2023 | 2.41% |
| Sep 30, 2023 | -0.79% |
| Jun 30, 2023 | -0.41% |
| Mar 31, 2023 | 1.41% |
| Dec 31, 2022 | -6.22% |
| Sep 30, 2022 | 1.83% |
| Jun 30, 2022 | 1.50% |
| Mar 31, 2022 | 1.63% |
| Dec 31, 2021 | 2.01% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 5.40% |
API Access
Bally's Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();