Bally's (BALY) Financials

$12.79 +0.29 (+2.32%)

As of 09:31 AM Eastern

Annual Income Statements for Bally's

This table shows Bally's' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-426	-188	-568
Consolidated Net Income / (Loss)	-426	-188	-568
Net Income / (Loss) Continuing Operations	-426	-188	-568
Total Pre-Tax Income	-454	-186	-553
Total Operating Income	-293	104	-258
Total Gross Profit	1,246	1,344	1,327
Total Revenue	2,256	2,449	2,450
Operating Revenue	2,256	2,449	2,450
Total Cost of Revenue	1,009	1,105	1,123
Operating Cost of Revenue	1,009	1,105	1,123
Total Operating Expenses	1,539	1,240	1,586
Selling, General & Admin Expense	826	1,114	1,043
Depreciation Expense	301	350	380
Other Operating Expenses / (Income)	-51	-374	-86
Impairment Charge	464	150	249
Total Other Income / (Expense), net	-161	-290	-294
Interest & Investment Income	-208	-278	-290
Other Income / (Expense), net	47	-12	-4.55
Income Tax Expense	-29	1.76	15
Basic Earnings per Share	($7.32)	($3.51)	($11.71)
Weighted Average Basic Shares Outstanding	58.11M	53.35M	48.47M
Diluted Earnings per Share	($7.32)	($3.51)	($11.71)
Weighted Average Diluted Shares Outstanding	58.11M	53.35M	48.47M
Weighted Average Basic & Diluted Shares Outstanding	46.68M	40.09M	48.51M

This table shows Bally's' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	0.59	-488	178	-26	-62	-278	-174	-60	-248	-86
Consolidated Net Income / (Loss)	0.59	-488	178	-26	-62	-278	-174	-60	-248	-86
Net Income / (Loss) Continuing Operations	0.59	-488	178	-26	-62	-278	-174	-60	-248	-86
Total Pre-Tax Income	1.73	-517	316	-54	-18	-430	-143	-62	-281	-67
Total Operating Income	54	-455	377	5.98	37	-316	-74	5.57	-158	-32
Total Gross Profit	328	328	329	335	345	335	334	337	344	313
Total Revenue	578	577	599	606	632	612	618	622	630	580
Operating Revenue	578	577	599	606	632	612	618	622	630	580
Total Cost of Revenue	251	248	270	271	287	277	284	285	286	268
Operating Cost of Revenue	251	248	270	271	287	277	284	285	286	268
Total Operating Expenses	274	783	-48	329	308	651	408	331	501	345
Selling, General & Admin Expense	200	246	252	250	231	382	248	252	274	269
Depreciation Expense	74	73	75	79	77	119	160	79	78	63
Other Operating Expenses / (Income)	0.00	-	-374	-0.14	0.00	-	0.00	0.00	150	-236
Total Other Income / (Expense), net	-52	-63	-61	-60	-55	-114	-69	-67	-124	-34
Other Income / (Expense), net	1.64	0.13	2.61	6.81	16	-37	4.55	6.93	-50	34
Income Tax Expense	1.14	-30	138	-29	44	-151	31	-1.50	-34	19
Basic Earnings per Share	$0.01	($8.34)	$3.28	($0.48)	($1.15)	($5.16)	($3.61)	($1.24)	($5.10)	($1.76)
Weighted Average Basic Shares Outstanding	57.02M	58.11M	54.42M	53.94M	53.58M	53.35M	48.12M	48.50M	48.60M	48.47M
Diluted Earnings per Share	$0.01	($8.34)	$3.24	($0.48)	($1.15)	($5.12)	($3.61)	($1.24)	($5.10)	($1.76)
Weighted Average Diluted Shares Outstanding	57.06M	58.11M	55.09M	53.94M	53.58M	53.35M	48.12M	48.50M	48.60M	48.47M
Weighted Average Basic & Diluted Shares Outstanding	47.26M	46.68M	-	45.63M	45.62M	40.09M	40.48M	40.63M	40.67M	48.51M

This table details how cash moves in and out of Bally's' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-9.66	50	-84
Net Cash From Operating Activities	271	189	114
Net Cash From Continuing Operating Activities	271	189	114
Net Income / (Loss) Continuing Operations	-426	-188	-568
Consolidated Net Income / (Loss)	-426	-188	-568
Depreciation Expense	301	350	380
Amortization Expense	11	11	12
Non-Cash Adjustments To Reconcile Net Income	437	13	268
Changes in Operating Assets and Liabilities, net	-52	1.37	23
Net Cash From Investing Activities	-303	-208	98
Net Cash From Continuing Investing Activities	-303	-208	98
Purchase of Property, Plant & Equipment	-450	-357	-246
Acquisitions	-201	-239	-3.30
Purchase of Investments	-3.18	0.00	0.00
Divestitures	0.00	0.00	-4.18
Sale and/or Maturity of Investments	0.00	0.00	4.06
Other Investing Activities, net	352	388	347
Net Cash From Financing Activities	43	66	-288
Net Cash From Continuing Financing Activities	43	66	-288
Repayment of Debt	-570	-283	-798
Repurchase of Common Equity	-153	-99	0.00
Issuance of Debt	597	448	440
Other Financing Activities, net	170	0.00	71
Effect of Exchange Rate Changes	-21	5.15	-8.00
Cash Interest Paid	201	250	314
Cash Income Taxes Paid	-38	14	2.23

This table details how cash moves in and out of Bally's' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-11	45	132	-24	-75	17	-4.37	13	-44	-49
Net Cash From Operating Activities	61	46	-16	80	54	70	-7.85	48	36	38
Net Cash From Continuing Operating Activities	61	46	-16	80	53	72	-7.85	48	36	38
Net Income / (Loss) Continuing Operations	0.59	-488	178	-26	-62	-278	-174	-60	-248	-86
Consolidated Net Income / (Loss)	0.59	-488	178	-26	-62	-278	-174	-60	-248	-86
Depreciation Expense	74	73	75	79	77	119	160	79	78	63
Amortization Expense	3.00	2.77	2.77	2.80	2.92	2.83	2.88	2.90	2.95	2.98
Non-Cash Adjustments To Reconcile Net Income	13	451	-356	31	11	328	10	32	200	25
Changes in Operating Assets and Liabilities, net	-29	6.62	85	-6.79	23	-100	-7.01	-6.40	3.26	33
Net Cash From Investing Activities	-14	-233	320	-96	-226	-206	-43	-44	-103	289
Net Cash From Continuing Investing Activities	-14	-233	320	-96	-226	-206	-43	-44	-103	289
Purchase of Property, Plant & Equipment	-66	-235	-51	-83	-168	-55	-42	-46	-104	-54
Acquisitions	-148	-1.92	-40	-8.25	-55	-136	-1.00	-	-0.45	-1.85
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	-	1.22	0.78
Other Investing Activities, net	200	3.52	411	-4.34	-2.77	-15	-0.76	0.08	-0.34	348
Net Cash From Financing Activities	-49	233	-174	-0.95	95	145	51	8.48	16	-364
Net Cash From Continuing Financing Activities	-49	233	-174	-0.95	95	145	51	8.48	16	-364
Repayment of Debt	-155	-208	-154	-25	-68	-36	-126	-105	-85	-482
Issuance of Debt	225	262	0.00	35	163	250	135	95	80	130
Other Financing Activities, net	-	200	0.00	-	-	-	42	19	21	-11
Effect of Exchange Rate Changes	-9.22	-0.10	2.82	-7.01	1.94	7.40	-4.45	1.63	7.28	-12
Cash Interest Paid	70	37	83	52	63	53	100	58	98	58
Cash Income Taxes Paid	17	1.30	6.11	3.61	6.12	-1.40	-10	-3.22	23	-7.11

This table presents Bally's' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	6,300	6,861	5,860
Total Current Assets	523	572	448
Cash & Equivalents	213	163	171
Restricted Cash	53	152	60
Accounts Receivable	72	70	55
Inventories, net	14	15	19
Prepaid Expenses	101	108	115
Current Deferred & Refundable Income Taxes	54	62	26
Other Current Nonoperating Assets	17	1.82	0.00
Plant, Property, & Equipment, net	1,202	1,175	631
Total Noncurrent Assets	4,575	5,114	4,782
Goodwill	1,746	1,936	1,800
Intangible Assets	1,962	1,871	1,307
Noncurrent Deferred & Refundable Income Taxes	26	36	2.31
Other Noncurrent Operating Assets	842	1,271	1,672
Total Liabilities & Shareholders' Equity	6,300	6,861	5,860
Total Liabilities	5,494	6,225	5,829
Total Current Liabilities	756	875	678
Short-Term Debt	19	19	19
Accounts Payable	70	69	86
Accrued Expenses	574	652	481
Current Deferred & Payable Income Tax Liabilities	56	78	25
Other Current Liabilities	33	55	66
Other Current Nonoperating Liabilities	3.41	1.31	0.00
Total Noncurrent Liabilities	4,738	5,350	5,151
Long-Term Debt	3,469	3,643	3,299
Noncurrent Deferred & Payable Income Tax Liabilities	138	126	118
Other Noncurrent Operating Liabilities	1,131	1,582	1,734
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	806	636	31
Total Preferred & Common Equity	806	635	31
Preferred Stock	0.00	0.00	0.00
Total Common Equity	806	635	31
Common Stock	1,637	1,401	1,415
Retained Earnings	-535	-556	-1,124
Accumulated Other Comprehensive Income / (Loss)	-296	-210	-260
Other Equity Adjustments	0.00	0.00	0.00
Noncontrolling Interest	0.43	0.43	0.00

This table presents Bally's' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	6,293	6,781	6,929	6,636	6,590	6,406
Total Current Assets	449	528	551	536	556	489
Cash & Equivalents	164	184	179	169	155	191
Restricted Cash	56	139	119	142	170	90
Accounts Receivable	64	66	73	67	66	61
Inventories, net	16	15	15	16	18	18
Prepaid Expenses	101	103	142	110	118	107
Current Deferred & Refundable Income Taxes	48	15	16	32	29	22
Other Current Nonoperating Assets	-	5.59	5.59	0.00	0.00	0.00
Plant, Property, & Equipment, net	971	1,156	1,192	1,101	1,125	795
Total Noncurrent Assets	4,874	5,098	5,187	4,999	4,910	5,121
Goodwill	1,857	1,820	1,866	1,915	1,910	1,994
Intangible Assets	2,176	1,938	2,010	1,813	1,760	1,760
Noncurrent Deferred & Refundable Income Taxes	16	24	29	13	2.85	6.87
Other Noncurrent Operating Assets	826	1,316	1,282	1,258	1,236	1,361
Total Liabilities & Shareholders' Equity	6,293	6,781	6,929	6,636	6,590	6,406
Total Liabilities	5,200	5,742	6,032	6,186	6,197	6,172
Total Current Liabilities	691	679	843	876	923	877
Short-Term Debt	19	29	19	19	19	19
Accounts Payable	43	78	212	59	94	73
Accrued Expenses	553	468	482	703	718	712
Current Deferred & Payable Income Tax Liabilities	35	54	79	41	35	13
Other Current Liabilities	41	48	49	53	56	60
Other Current Nonoperating Liabilities	-	1.56	1.40	0.00	0.00	0.00
Total Noncurrent Liabilities	4,509	5,063	5,190	5,310	5,273	5,295
Long-Term Debt	3,409	3,318	3,425	3,661	3,654	3,651
Noncurrent Deferred & Payable Income Tax Liabilities	165	201	217	151	147	92
Other Noncurrent Operating Liabilities	931	1,544	1,547	1,499	1,472	1,552
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,093	1,039	897	450	394	234
Total Preferred & Common Equity	1,092	1,039	897	449	393	233
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,092	1,039	897	449	393	233
Common Stock	1,661	1,595	1,601	1,403	1,408	1,412
Retained Earnings	-58	-352	-413	-730	-790	-1,038
Treasury Stock	0.00	0.00	0.00	0.00	0.00	0.00
Accumulated Other Comprehensive Income / (Loss)	-510	-205	-291	-224	-224	-140
Noncontrolling Interest	0.57	0.43	0.43	0.43	0.43	0.43

This table displays calculated financial ratios and metrics derived from Bally's' official financial filings.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-
Revenue Growth	70.57%	8.57%	0.06%
EBITDA Growth	-56.92%	596.27%	-71.69%
EBIT Growth	-21,318.78%	137.28%	-386.28%
NOPAT Growth	-413.77%	135.50%	-348.37%
Net Income Growth	-271.02%	55.94%	-202.80%
EPS Growth	-216.88%	52.05%	-233.62%
Operating Cash Flow Growth	227.44%	-30.39%	-39.56%
Free Cash Flow Firm Growth	116.55%	-81.29%	545.16%
Invested Capital Growth	-16.11%	-0.83%	-21.70%
Revenue Q/Q Growth	-0.94%	1.45%	-1.26%
EBITDA Q/Q Growth	-91.32%	48.19%	175.33%
EBIT Q/Q Growth	-156.67%	1,068.49%	57.43%
NOPAT Q/Q Growth	-187.04%	400.96%	52.34%
Net Income Q/Q Growth	-445.58%	52.73%	25.33%
EPS Q/Q Growth	-469.70%	47.85%	22.30%
Operating Cash Flow Q/Q Growth	14.22%	15.00%	-22.15%
Free Cash Flow Firm Q/Q Growth	125.79%	-55.37%	1,779.65%
Invested Capital Q/Q Growth	-6.64%	-1.42%	-13.96%
Profitability Metrics	-	-	-
Gross Margin	55.26%	54.87%	54.17%
EBITDA Margin	2.89%	18.52%	5.24%
Operating Margin	-12.99%	4.25%	-10.54%
EBIT Margin	-10.92%	3.75%	-10.73%
Profit (Net Income) Margin	-18.87%	-7.66%	-23.17%
Tax Burden Percent	93.64%	100.95%	102.76%
Interest Burden Percent	184.51%	-202.28%	210.18%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-4.66%	1.82%	-5.09%
ROIC Less NNEP Spread (ROIC-NNEP)	-11.57%	-6.12%	-17.12%
Return on Net Nonoperating Assets (RNNOA)	-30.48%	-27.82%	-165.21%
Return on Equity (ROE)	-35.14%	-26.00%	-170.30%
Cash Return on Invested Capital (CROIC)	12.86%	2.65%	19.25%
Operating Return on Assets (OROA)	-3.83%	1.40%	-4.13%
Return on Assets (ROA)	-6.62%	-2.85%	-8.93%
Return on Common Equity (ROCE)	-35.08%	-25.99%	-170.19%
Return on Equity Simple (ROE_SIMPLE)	-52.81%	-29.51%	-1,837.27%
Net Operating Profit after Tax (NOPAT)	-205	73	-181
NOPAT Margin	-9.09%	2.97%	-7.38%
Net Nonoperating Expense Percent (NNEP)	6.91%	7.94%	12.03%
Return On Investment Capital (ROIC_SIMPLE)	-4.78%	1.69%	-5.40%
Cost of Revenue to Revenue	44.74%	45.13%	45.83%
SG&A Expenses to Revenue	36.61%	45.49%	42.58%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	68.25%	50.63%	64.71%
Earnings before Interest and Taxes (EBIT)	-246	92	-263
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	65	454	128
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.00	0.00	24.31
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.31
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.23
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	1.57
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	29.90
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	33.67
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	5.62
Leverage & Solvency	-	-	-
Debt to Equity	4.33	5.76	107.40
Long-Term Debt to Equity	4.30	5.73	106.77
Financial Leverage	2.63	4.55	9.65
Leverage Ratio	5.31	9.13	19.08
Compound Leverage Factor	9.79	-18.46	40.10
Debt to Total Capital	81.23%	85.21%	99.08%
Short-Term Debt to Total Capital	0.45%	0.45%	0.58%
Long-Term Debt to Total Capital	80.77%	84.76%	98.50%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.01%	0.00%
Common Equity to Total Capital	18.76%	14.78%	0.92%
Debt to EBITDA	53.56	8.08	25.85
Net Debt to EBITDA	49.48	7.38	24.05
Long-Term Debt to EBITDA	53.26	8.03	25.70
Debt to NOPAT	-17.01	50.31	-18.35
Net Debt to NOPAT	-15.72	45.98	-17.07
Long-Term Debt to NOPAT	-16.91	50.04	-18.25
Altman Z-Score	0.00	0.00	0.03
Noncontrolling Interest Sharing Ratio	0.17%	0.06%	0.06%
Liquidity Ratios	-	-	-
Current Ratio	0.69	0.65	0.66
Quick Ratio	0.38	0.27	0.33
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	566	106	683
Operating Cash Flow to CapEx	60.21%	52.88%	46.41%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.35	0.37	0.39
Accounts Receivable Turnover	37.64	34.49	38.95
Inventory Turnover	78.60	76.70	66.17
Fixed Asset Turnover	2.21	2.06	2.71
Accounts Payable Turnover	12.81	15.88	14.50
Days Sales Outstanding (DSO)	9.70	10.58	9.37
Days Inventory Outstanding (DIO)	4.64	4.76	5.52
Days Payable Outstanding (DPO)	28.50	22.99	25.17
Cash Conversion Cycle (CCC)	-14.16	-7.65	-10.29
Capital & Investment Metrics	-	-	-
Invested Capital	4,016	3,983	3,118
Invested Capital Turnover	0.51	0.61	0.69
Increase / (Decrease) in Invested Capital	-771	-33	-864
Enterprise Value (EV)	0.00	0.00	3,839
Market Capitalization	0.00	0.00	751
Book Value per Share	$17.05	$13.93	$0.76
Tangible Book Value per Share	($61.41)	($69.52)	($75.65)
Total Capital	4,295	4,298	3,350
Total Debt	3,489	3,663	3,319
Total Long-Term Debt	3,469	3,643	3,299
Net Debt	3,223	3,347	3,088
Capital Expenditures (CapEx)	450	357	246
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-479	-598	-442
Debt-free Net Working Capital (DFNWC)	-214	-283	-210
Net Working Capital (NWC)	-233	-302	-230
Net Nonoperating Expense (NNE)	220	260	387
Net Nonoperating Obligations (NNO)	3,210	3,347	3,088
Total Depreciation and Amortization (D&A)	311	362	391
Debt-free, Cash-free Net Working Capital to Revenue	-21.23%	-24.43%	-18.03%
Debt-free Net Working Capital to Revenue	-9.47%	-11.55%	-8.59%
Net Working Capital to Revenue	-10.33%	-12.35%	-9.38%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($7.32)	($3.51)	($11.71)
Adjusted Weighted Average Basic Shares Outstanding	58.11M	53.35M	48.47M
Adjusted Diluted Earnings per Share	($7.32)	($3.51)	($11.71)
Adjusted Weighted Average Diluted Shares Outstanding	58.11M	53.35M	48.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.68M	40.09M	48.51M
Normalized Net Operating Profit after Tax (NOPAT)	120	178	-6.61
Normalized NOPAT Margin	5.31%	7.26%	-0.27%
Pre Tax Income Margin	-20.15%	-7.58%	-22.55%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	-36.04%	-52.84%	0.00%

This table displays calculated financial ratios and metrics derived from Bally's' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	83.70%	5.30%	9.20%	9.72%	9.38%	6.07%	3.30%	2.55%	-0.40%	-5.12%
EBITDA Growth	617.21%	-1,127.44%	270.38%	-49.65%	0.77%	38.96%	-79.59%	-0.62%	-195.19%	129.31%
EBIT Growth	548.88%	-310.12%	803.22%	-88.45%	-4.59%	22.30%	-118.30%	-2.27%	-493.28%	100.43%
NOPAT Growth	-5.25%	-924.64%	1,248.38%	-94.64%	41.71%	30.49%	-124.36%	-6.84%	-523.39%	89.78%
Net Income Growth	101.03%	-322.88%	9,340.76%	-143.11%	-10,521.92%	42.90%	-197.52%	-134.67%	-301.05%	69.18%
EPS Growth	100.86%	-270.67%	10,700.00%	-148.98%	-11,600.00%	38.61%	-211.42%	-158.33%	-343.48%	65.63%
Operating Cash Flow Growth	65.96%	283.30%	-177.42%	-44.23%	-10.63%	53.88%	51.25%	-40.68%	-32.83%	-46.17%
Free Cash Flow Firm Growth	-177.78%	112.88%	266.59%	118.48%	111.92%	-141.49%	-193.10%	-34.13%	6.18%	547.64%
Invested Capital Growth	129.95%	-16.11%	0.00%	-10.64%	-6.08%	-0.83%	0.00%	-7.81%	-10.29%	-21.70%
Revenue Q/Q Growth	4.66%	-0.27%	13.77%	1.25%	4.33%	-3.29%	1.11%	0.51%	1.34%	-7.87%
EBITDA Q/Q Growth	-29.80%	-386.45%	163.79%	-79.25%	40.51%	-273.52%	140.34%	1.04%	-234.58%	153.43%
EBIT Q/Q Growth	-50.07%	-921.63%	147.91%	-96.63%	312.44%	-769.16%	80.34%	118.02%	-1,759.67%	100.74%
NOPAT Q/Q Growth	-76.47%	-1,829.68%	137.55%	-98.03%	522.47%	-948.48%	76.59%	107.54%	-2,928.91%	79.52%
Net Income Q/Q Growth	-99.00%	-82,314.00%	126.86%	-114.38%	-140.93%	-350.44%	37.53%	65.39%	-311.75%	65.39%
EPS Q/Q Growth	-98.98%	-83,500.00%	128.05%	-114.81%	-139.58%	-345.22%	29.49%	65.65%	-311.29%	65.49%
Operating Cash Flow Q/Q Growth	-57.72%	-24.87%	-135.29%	597.53%	-32.25%	29.36%	-111.18%	705.46%	-23.29%	3.68%
Free Cash Flow Firm Q/Q Growth	8.50%	118.78%	1,925.88%	-88.28%	-40.99%	-165.38%	-1,958.77%	108.29%	-4.87%	175.62%
Invested Capital Q/Q Growth	-5.31%	-6.64%	-100.00%	0.00%	-0.48%	-1.42%	-4.10%	-2.01%	-3.16%	-13.96%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	56.65%	56.95%	54.90%	55.26%	54.60%	54.75%	54.04%	54.17%	54.56%	53.86%
EBITDA Margin	22.85%	-65.64%	76.27%	15.63%	21.06%	-37.78%	15.07%	15.15%	-20.12%	11.67%
Operating Margin	9.28%	-78.81%	62.92%	0.99%	5.89%	-51.65%	-11.96%	0.90%	-25.03%	-5.56%
EBIT Margin	9.56%	-78.79%	63.36%	2.11%	8.34%	-57.72%	-11.22%	2.01%	-32.94%	0.26%
Profit (Net Income) Margin	0.10%	-84.54%	29.79%	-4.23%	-9.77%	-45.51%	-28.12%	-9.68%	-39.34%	-14.78%
Tax Burden Percent	34.28%	94.22%	56.42%	47.24%	345.92%	64.79%	122.02%	97.57%	88.05%	128.45%
Interest Burden Percent	3.13%	113.88%	83.32%	-424.45%	-33.86%	121.69%	205.37%	-493.46%	135.65%	-4,353.91%
Effective Tax Rate	65.72%	0.00%	43.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	2.35%	-28.27%	0.00%	0.37%	2.39%	-22.14%	-10.82%	0.40%	-11.35%	-2.69%
ROIC Less NNEP Spread (ROIC-NNEP)	1.40%	-33.58%	0.00%	-0.60%	-0.38%	-23.89%	-18.07%	-1.61%	-15.55%	-4.65%
Return on Net Nonoperating Assets (RNNOA)	2.19%	-88.47%	0.00%	-1.50%	-1.22%	-108.60%	-135.37%	-7.17%	-89.86%	-44.89%
Return on Equity (ROE)	4.53%	-116.75%	0.00%	-1.13%	1.17%	-130.74%	-146.19%	-6.77%	-101.20%	-47.58%
Cash Return on Invested Capital (CROIC)	-71.14%	12.86%	0.00%	5.17%	5.69%	2.65%	-212.71%	1.90%	0.95%	19.25%
Operating Return on Assets (OROA)	3.87%	-27.66%	0.00%	0.75%	3.05%	-21.48%	-4.17%	0.75%	-12.26%	0.10%
Return on Assets (ROA)	0.04%	-29.67%	0.00%	-1.50%	-3.57%	-16.94%	-10.46%	-3.60%	-14.64%	-5.69%
Return on Common Equity (ROCE)	4.53%	-116.55%	0.00%	-1.13%	1.17%	-130.67%	-146.05%	-6.77%	-101.13%	-47.55%
Return on Equity Simple (ROE_SIMPLE)	11.27%	0.00%	0.00%	-49.17%	-44.24%	0.00%	-120.11%	-146.09%	-325.75%	0.00%
Net Operating Profit after Tax (NOPAT)	18	-318	213	4.19	26	-221	-52	3.90	-110	-23
NOPAT Margin	3.18%	-55.17%	35.50%	0.69%	4.12%	-36.16%	-8.37%	0.63%	-17.52%	-3.89%
Net Nonoperating Expense Percent (NNEP)	0.95%	5.31%	0.00%	0.97%	2.77%	1.75%	7.25%	2.01%	4.21%	1.96%
Return On Investment Capital (ROIC_SIMPLE)	-	-7.41%	-	-	-	-5.15%	-	-	-	-0.67%
Cost of Revenue to Revenue	43.35%	43.05%	45.10%	44.74%	45.40%	45.25%	45.96%	45.83%	45.44%	46.14%
SG&A Expenses to Revenue	34.59%	42.64%	42.02%	41.23%	36.46%	62.42%	40.17%	40.60%	43.43%	46.36%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	47.37%	135.76%	-8.02%	54.27%	48.71%	106.40%	66.00%	53.28%	79.59%	59.42%
Earnings before Interest and Taxes (EBIT)	55	-454	379	13	53	-353	-69	13	-208	1.53
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	132	-379	457	95	133	-231	93	94	-127	68
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.94	0.00	0.00	0.69	0.67	0.00	1.24	1.23	3.00	24.31
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.45	0.00	0.40	0.31	0.25	0.00	0.23	0.20	0.28	0.31
Price to Earnings (P/E)	8.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	12.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.98	0.00	0.00	0.92	0.93	0.00	1.03	1.02	1.13	1.23
Enterprise Value to Revenue (EV/Rev)	1.86	0.00	0.00	1.62	1.55	0.00	1.59	1.54	1.65	1.57
Enterprise Value to EBITDA (EV/EBITDA)	5.64	0.00	0.00	0.00	12.24	0.00	43.61	42.83	0.00	29.90
Enterprise Value to EBIT (EV/EBIT)	9.73	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	17.95	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	17.83	0.00	0.00	21.95	22.84	0.00	19.96	23.34	27.94	33.67
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	16.82	15.78	0.00	0.00	51.70	112.53	5.62
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.14	4.33	0.00	3.22	3.84	5.76	8.18	9.33	15.70	107.40
Long-Term Debt to Equity	3.12	4.30	0.00	3.19	3.82	5.73	8.14	9.28	15.62	106.77
Financial Leverage	1.56	2.63	0.00	2.50	3.19	4.55	7.49	4.45	5.78	9.65
Leverage Ratio	4.67	5.31	0.00	5.30	6.65	9.13	14.75	9.33	11.79	19.08
Compound Leverage Factor	0.15	6.04	0.00	-22.49	-2.25	11.11	30.30	-46.05	16.00	-830.70
Debt to Total Capital	75.83%	81.23%	0.00%	76.31%	79.34%	85.21%	89.11%	90.32%	94.01%	99.08%
Short-Term Debt to Total Capital	0.43%	0.45%	0.00%	0.67%	0.45%	0.45%	0.47%	0.48%	0.50%	0.58%
Long-Term Debt to Total Capital	75.40%	80.77%	0.00%	75.64%	78.89%	84.76%	88.64%	89.84%	93.51%	98.50%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.01%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%
Common Equity to Total Capital	24.15%	18.76%	0.00%	23.68%	20.65%	14.78%	10.88%	9.67%	5.98%	0.92%
Debt to EBITDA	4.57	53.56	0.00	-103.63	11.26	8.08	40.85	41.04	-21.54	25.85
Net Debt to EBITDA	4.28	49.48	0.00	-93.64	10.28	7.38	37.40	37.41	-19.89	24.05
Long-Term Debt to EBITDA	4.54	53.26	0.00	-102.72	11.19	8.03	40.63	40.82	-21.43	25.70
Debt to NOPAT	14.55	-17.01	0.00	-12.84	-142.40	50.31	-15.17	-15.12	-9.68	-18.35
Net Debt to NOPAT	13.62	-15.72	0.00	-11.60	-130.09	45.98	-13.88	-13.78	-8.94	-17.07
Long-Term Debt to NOPAT	14.47	-16.91	0.00	-12.73	-141.60	50.04	-15.09	-15.04	-9.62	-18.25
Altman Z-Score	0.45	0.00	0.00	0.32	0.30	0.00	0.18	0.20	0.05	0.18
Noncontrolling Interest Sharing Ratio	0.18%	0.17%	0.00%	0.17%	0.05%	0.06%	0.10%	0.06%	0.08%	0.06%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.65	0.69	0.00	0.78	0.65	0.65	0.61	0.60	0.56	0.66
Quick Ratio	0.33	0.38	0.00	0.37	0.30	0.27	0.27	0.24	0.29	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,413	453	4,158	487	288	-188	-3,871	321	305	842
Operating Cash Flow to CapEx	92.62%	19.42%	-31.70%	96.50%	32.28%	128.79%	-18.86%	102.63%	35.10%	70.39%
Free Cash Flow to Firm to Interest Expense	-45.03	0.00	65.72	7.26	4.07	0.00	-52.93	4.33	4.13	0.00
Operating Cash Flow to Interest Expense	1.13	0.00	-0.25	1.19	0.77	0.00	-0.11	0.64	0.49	0.00
Operating Cash Flow Less CapEx to Interest Expense	-0.09	0.00	-1.06	-0.04	-1.61	0.00	-0.68	0.02	-0.91	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.40	0.35	0.00	0.35	0.37	0.37	0.37	0.37	0.37	0.39
Accounts Receivable Turnover	43.82	37.64	0.00	37.46	35.10	34.49	36.89	37.81	36.95	38.95
Inventory Turnover	74.63	78.60	0.00	68.96	70.37	76.70	71.21	67.74	68.19	66.17
Fixed Asset Turnover	2.60	2.21	0.00	2.34	2.23	2.06	2.24	2.18	2.50	2.71
Accounts Payable Turnover	25.82	12.81	0.00	13.78	8.45	15.88	18.85	13.16	7.96	14.50
Days Sales Outstanding (DSO)	8.33	9.70	0.00	9.74	10.40	10.58	9.90	9.65	9.88	9.37
Days Inventory Outstanding (DIO)	4.89	4.64	0.00	5.29	5.19	4.76	5.13	5.39	5.35	5.52
Days Payable Outstanding (DPO)	14.14	28.50	0.00	26.49	43.20	22.99	19.37	27.73	45.85	25.17
Cash Conversion Cycle (CCC)	-0.92	-14.16	0.00	-11.45	-27.62	-7.65	-4.35	-12.69	-30.62	-10.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,302	4,016	0.00	4,059	4,040	3,983	3,819	3,742	3,624	3,118
Invested Capital Turnover	0.74	0.51	0.00	0.54	0.58	0.61	1.29	0.64	0.65	0.69
Increase / (Decrease) in Invested Capital	2,431	-771	-3,945	-483	-262	-33	3,819	-317	-416	-864
Enterprise Value (EV)	4,231	0.00	0.00	3,743	3,746	0.00	3,929	3,834	4,092	3,839
Market Capitalization	1,021	0.00	911	718	598	0.00	559	485	701	751
Book Value per Share	$21.13	$17.05	$0.00	$22.51	$19.65	$13.93	$11.21	$9.71	$5.74	$0.76
Tangible Book Value per Share	($56.88)	($61.41)	$0.00	($58.93)	($65.30)	($69.52)	($81.77)	($80.96)	($86.65)	($75.65)
Total Capital	4,522	4,295	0.00	4,386	4,342	4,298	4,130	4,067	3,905	3,350
Total Debt	3,429	3,489	0.00	3,347	3,445	3,663	3,680	3,673	3,671	3,319
Total Long-Term Debt	3,409	3,469	0.00	3,318	3,425	3,643	3,661	3,654	3,651	3,299
Net Debt	3,209	3,223	0.00	3,024	3,147	3,347	3,369	3,349	3,390	3,088
Capital Expenditures (CapEx)	66	235	51	83	168	55	42	46	104	54
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-443	-479	0.00	-444	-571	-598	-631	-673	-649	-442
Debt-free Net Working Capital (DFNWC)	-223	-214	0.00	-121	-273	-283	-320	-348	-369	-210
Net Working Capital (NWC)	-243	-233	0.00	-151	-292	-302	-340	-368	-388	-230
Net Nonoperating Expense (NNE)	18	169	34	30	88	57	122	64	137	63
Net Nonoperating Obligations (NNO)	3,209	3,210	0.00	3,020	3,143	3,347	3,369	3,349	3,390	3,088
Total Depreciation and Amortization (D&A)	77	76	77	82	80	122	163	82	81	66
Debt-free, Cash-free Net Working Capital to Revenue	-19.47%	-21.23%	0.00%	-19.23%	-23.63%	-24.43%	-25.56%	-27.07%	-26.15%	-18.03%
Debt-free Net Working Capital to Revenue	-9.80%	-9.47%	0.00%	-5.25%	-11.30%	-11.55%	-12.97%	-14.02%	-14.85%	-8.59%
Net Working Capital to Revenue	-10.65%	-10.33%	0.00%	-6.53%	-12.10%	-12.35%	-13.76%	-14.80%	-15.63%	-9.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.01	($8.34)	$0.00	($0.48)	($1.15)	($5.16)	($3.61)	($1.24)	($5.10)	($1.76)
Adjusted Weighted Average Basic Shares Outstanding	57.02M	58.11M	0.00	53.94M	53.58M	53.35M	48.12M	48.50M	48.60M	48.47M
Adjusted Diluted Earnings per Share	$0.01	($8.34)	$0.00	($0.48)	($1.15)	($5.12)	($3.61)	($1.24)	($5.10)	($1.76)
Adjusted Weighted Average Diluted Shares Outstanding	57.06M	58.11M	0.00	53.94M	53.58M	53.35M	48.12M	48.50M	48.60M	48.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	47.26M	46.68M	0.00	45.63M	45.62M	40.09M	40.48M	40.63M	40.67M	48.51M
Normalized Net Operating Profit after Tax (NOPAT)	38	-318	213	4.19	26	-221	-52	3.90	-110	-23
Normalized NOPAT Margin	6.50%	-55.17%	35.50%	0.69%	4.12%	-36.16%	-8.37%	0.63%	-17.52%	-3.89%
Pre Tax Income Margin	0.30%	-89.73%	52.79%	-8.96%	-2.82%	-70.24%	-23.05%	-9.92%	-44.68%	-11.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.03	0.00	6.00	0.19	0.75	0.00	-0.95	0.17	-2.81	0.00
NOPAT to Interest Expense	0.34	0.00	3.36	0.06	0.37	0.00	-0.71	0.05	-1.49	0.00
EBIT Less CapEx to Interest Expense	-0.19	0.00	5.19	-1.05	-1.64	0.00	-1.52	-0.46	-4.21	0.00
NOPAT Less CapEx to Interest Expense	-0.88	0.00	2.56	-1.18	-2.01	0.00	-1.28	-0.57	-2.90	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	178.30%	-36.04%	-37.56%	-33.39%	-12.93%	-52.84%	-14.70%	-11.95%	-9.03%	0.00%

Frequently Asked Questions About Bally's' Financials

When does Bally's's financial year end?

According to the most recent income statement we have on file, Bally's' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Bally's' net income changed over the last 2 years?

Bally's' net income appears to be on an upward trend, with a most recent value of -$567.75 million in 2024, rising from -$425.55 million in 2022. The previous period was -$187.50 million in 2023. View Bally's' forecast to see where analysts expect Bally's to go next.

What is Bally's's operating income?

Bally's's total operating income in 2024 was -$258.33 million, based on the following breakdown:

Total Gross Profit: $1.33 billion
Total Operating Expenses: $1.59 billion

How has Bally's revenue changed over the last 2 years?

Over the last 2 years, Bally's' total revenue changed from $2.26 billion in 2022 to $2.45 billion in 2024, a change of 8.6%.

How much debt does Bally's have?

Bally's' total liabilities were at $5.83 billion at the end of 2024, a 6.4% decrease from 2023, and a 6.1% increase since 2022.

How much cash does Bally's have?

In the past 2 years, Bally's' cash and equivalents has ranged from $163.19 million in 2023 to $212.52 million in 2022, and is currently $171.23 million as of their latest financial filing in 2024.

How has Bally's' book value per share changed over the last 2 years?

Over the last 2 years, Bally's' book value per share changed from 17.05 in 2022 to 0.76 in 2024, a change of -95.5%.

Related Companies

This page (NYSE:BALY) was last updated on 5/5/2025 by MarketBeat.com Staff

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Bally's (BALY) Financials

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Bally's (BALY) Financials

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