Bally's Corporation
BALY
$13.02
Share price
0.15%
Change (1 day)
-22.08%
Change (1 year)
Categories
Operating Margin for Bally's Corporation (BALY)
Operating Margin as of May 2024 (TTM): -5.84%
According to Bally's Corporation's latest financial reports and stock price the company's current Operating Margin is -5.84%. At the end of 2021 the company had an Operating Margin of 3.33%.
Operating Margin history for Bally's Corporation from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 3.33% | -207.26% |
| 2020 | -3.10% | -114.12% |
| 2019 | 21.97% | -20.45% |
| 2018 | 27.61% | -6.17% |
| 2017 | 29.43% | 11.01% |
| 2016 | 26.51% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Rush Street Interactive RSI | -15.62% | 167.47% | 🇺🇸 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.