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← CockpitCompetitor Analysis › BALY Bally's CorporationOpen in the cockpit ↗

Bally's CorporationBALYCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Casinos/Gaming
Momentum neutral 40
Mkt cap
$625M
US dollars, full cap
Free float
23%
of shares outstanding
$/day
$921,973
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-6.4 pp
WACC 6.3%
Hurdle
n/a
no reverse DCF
Next earnings
111 days
25 Feb 2027
Close · USD$12.38
1D-1.9%
1W-8.4%
1M-11.4%
3M-4.9%
6M-3.6%
YTD-25.1%
1Y-30.9%
ATR %5.6%
Beta1.23
52w lowhigh36.8% off high

What Bally's does

Employees: 11,700

Bally's at a glance

Size Bally's (BALY) is a United States Consumer Discretionary company (Casinos/Gaming) with a market value of $625M, the 2563rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.38 on 6 Nov 2026.

Performance Over six months the shares fell 3.6%, against -10.7% for the median peer and -1.1% for the United States market (cap-weighted) — 6th highest of 13 in its peer set.

Growth Revenue grew 20.4% over the last twelve months (peer median +3.3%); the operating margin is -0.3% (peer median 12.8%).

Valuation It trades at 2.9× enterprise value to sales against a peer median of 1.2× (2nd most expensive of 12).

Capital Return on invested capital runs 6.4 points below its cost of capital (6.3% WACC).

Short interest Short interest is 2.4% of the free float (15 Oct 2026).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026BALY 104Peer median 90
Six months, rebased to 100: Bally's against the median of its 12 peers (local-currency closes).

Bally's financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$2.96B$2.66B$2.45B$2.45B$2.26B
Revenue growth—+8%0%+9%—
Gross profit$1.20B$1.14B$948M$993M$946M
EBITDA$354M$344M$438M$320M$480M
Net income-$764M-$701M-$568M-$188M-$426M
Free cash flow-$498M-$275M-$85.8M-$123M-$141M
Capital expenditure$716M$225M$248M$502M$505M
Total debt$6.90B$6.43B$4.94B$5.07B$4.52B

Quarterly statements and history in the cockpit →

Bally's competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-25%0%+25%+50%0%+20%0342300200SGR916696721140906419PBLBETS-BBRSL035250PENNBALY6-month return →1-month return →
Up and to the right = strong over both horizons. Bally's is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%1×2×3×0342300200SGR916696721140906419PBLBETS-BBRSLPENNBALYRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bally's is the large dot.

Bally's competitors and peer comparison

How Bally's compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bally's against its 12 peers (data as of 6 Nov 2026)
MeasureBALYPeer medianRank in peer set
1-month return-11.4%-0.1%lowest of 13
6-month return-3.6%-10.7%6th highest of 13
Distance from 52-week high-36.8%-25.0%5th lowest of 13
Revenue growth (TTM)+20.4%+3.3%2nd highest of 13
Operating margin-0.3%12.8%3rd lowest of 13
EV / Sales2.9×1.2×2nd most expensive of 12
ROIC minus cost of capital-6.4 pp+0.8 pp3rd lowest of 13
EV / EBITDA24.2×6.3×most expensive of 11
Net debt / EBITDA18.1×2.7×most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Bally's BALYUnited States$625M-4%+20%0%2.9×n/an/a
Paradise 034230.KSSouth Korea$620M-39%+8%11%1.6×n/an/a
Melco International Development 0200.HKHong Kong$695M-42%+7%21%2.6×-4.9%+26.6%
Star Entertainment SGR.AXAustralia$724M+48%-9%-30%1.2×n/an/a
GENDA 9166.TJapan$754M+20%+47%3%0.9×n/an/a
Tokyotokeiba 9672.TJapan$868M-11%+3%37%3.1×-10.8%+7.7%
Grand Korea Leisure 114090.KSSouth Korea$373M-32%+8%11%0.3×n/an/a
Mars 6419.TJapan$346M+16%-10%25%0.7×n/an/a
Pollard Banknote PBL.TOCanada$315M-10%+4%-1%0.9×-7.9%+7.6%
Betsson BETS-B.STSweden$1.34B+10%0%14%0.9×-18.0%+15.7%
Brightstar Lottery BRSLUnited States$1.82B-24%+1%25%2.8×n/an/a
Kangwonland 035250.KSSouth Korea$2.13B-16%+2%15%n/an/an/a
PENN Entertainment PENNUnited States$2.34B+4%+6%6%1.7×15.2%+14.2%

Questions

Which companies are Bally's's closest peers?
The cockpit's peer set: Paradise (034230.KS), Melco International Development (0200.HK), Star Entertainment (SGR.AX), GENDA (9166.T), Tokyotokeiba (9672.T), Grand Korea Leisure (114090.KS), Mars (6419.T), Pollard Banknote (PBL.TO).
Is Bally's expensive compared with its peers?
On ev / sales it trades at 2.9× against a peer median of 1.2×, 2nd most expensive of 12 in its peer set.
How has Bally's stock performed?
Over six months to 6 Nov 2026 the shares returned -3.6% against -10.7% for the median peer; over one year -30.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.