Bally's Corporation
BALY
#6024
Rank
A$1.05 B
Marketcap
$25.95
Share price
0.23%
Change (1 day)
6.85%
Change (1 year)

Operating Margin for Bally's Corporation (BALY)

Operating Margin as of September 2024 (TTM): -26.23%

According to Bally's Corporation's latest financial reports and stock price the company's current Operating Margin is -26.23%. At the end of 2023 the company had an Operating Margin of 3.75%.

Operating Margin history for Bally's Corporation from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.75%-134.34%
2022-10.92%12457.1%
2021-0.09%-97.34%
2020-3.27%-114.87%
201921.97%-20.45%
201827.61%-6.17%
201729.43%11.01%
201626.51%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-1.18%-95.50%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.