Bally's Corporation
BALY
#6075
Rank
$0.72 B
Marketcap
$17.78
Share price
0.57%
Change (1 day)
22.54%
Change (1 year)

Operating Margin for Bally's Corporation (BALY)

Operating Margin as of December 2024 (TTM): -36.88%

According to Bally's Corporation's latest financial reports and stock price the company's current Operating Margin is -36.88%. 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
1.00%-102.71%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.