Company Analysis

Bally's Corporation (BALY)

NYSE: BALY · Hotels & Motels · Providence, RI · filing with the SEC since 2018
Grade3.8
◀ Past 4.2● Present 4.0▶ Future 3.2
3 est.

The grade of Bally's Corporation

Nine metrics read from its own filings, by tense
Headline grade
3.8/10
◀ Past4.230% of the headline
● Present4.040% of the headline
▶ Future3.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 6 read as filed from the record and 3 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.8/10

Has it survived what it has been through?

5 warning events since 2018; the latest 2026-11-10.

weight 33% of this tense · 18th percentile among 28 sector filers · read for itself

From the record

Bally's Corporation's filings since 2018 show 5 warning events: a late-report notice (Form NT 10-K or NT 10-Q, 5 times, the latest 2026-11-10) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.5/10

What has it actually done, year after year?

+28.6% a year over 8 filed years; profitable in 3 of 8.

weight 45% of this tense · 55th percentile among 27 sector filers · read for its customers

From the record

Bally's Corporation's 8 filed years say what it did: revenue went from $421 million in fiscal 2017 to $2.5 billion in fiscal 2024, up 28.6% a year; it rose in 6 of 7 years; the deepest fall was 29% from fiscal 2019 to fiscal 2020; net income was positive in 3 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span28.6%top 13% of its family
  • the share of years revenue rosetop 46% of its family
  • the share of filed years with a profitbottom 13% of its family
  • the deepest fall from a revenue peak28.8%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
5.3/10

How has it treated the people who own it?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 23 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income, so the desk assumes the typical reading of its industry family, the median of 23 members with one.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
family median, 23 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Bally's Corporation's shareholder treatment is put at 5.3 of 10 with a confidence of 20 of 100, because fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income, so the desk assumes the typical reading of its industry family, the median of 23 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.0/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

SI estimate
5.1/10

Is it financially healthy right now?

SI estimate 5.1/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 27 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than two of the four checks can be read, so the desk assumes the typical reading of its industry family, the median of 27 members with one.
What the record cannot read
Fewer than two of the four checks can be read.
How it was reasoned
family median, 27 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Bally's Corporation's financial health is put at 5.1 of 10 with a confidence of 20 of 100, because fewer than two of the four checks can be read, so the desk assumes the typical reading of its industry family, the median of 27 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Industry position

as filed
4.1/10

How strong is its position in its industry?

bottom 41% of 27 in its family; net margin -23.2%.

weight 45% of this tense · 41st percentile among 27 sector filers · read for its customers

From the record

Bally's Corporation's standing among 27 graded names in its industry family: revenue of $2.5 billion in fiscal 2024 ranks in the bottom 41% by size; a net margin of -23.2% ranks in the bottom 6%; revenue growth of 22.8% a year over the last 3 filed years ranks in the top 24% (its annual reports).

What it rests on

  • revenue against the family$2.45Bbottom 41% of its family
  • net margin-23.2%bottom 6% of its family
  • three-year revenue growth22.8%top 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.2/10

What are the people in charge doing?

bottom 22% of 20 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 22nd percentile among 20 sector filers · read for its shareholders

From the record

Bally's Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Reeves, Robeson (Chief Executive Officer, as filed), filing under that title since 2023-11-07, 3 years (bottom 21% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 7.4 years (bottom 23%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 9 peoplebottom 23% of its family
  • the median years the people in charge have filed7.4 yearsbottom 23% of its family
  • the chief executive's years on the record3.0 yearsbottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

SI estimate
6.1/10

How much room does it have to grow?

SI estimate 6.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 61st percentile among 27 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the top 39% of 27 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 27 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Bally's Corporation's room to expand is put at 6.1 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the top 39% of 27 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

as filed
3.0/10

What could actually drive growth from here?

bottom 30% of 27 in its family for growth drivers.

weight 45% of this tense · 30th percentile among 27 sector filers · read for its customers

From the record

Bally's Corporation's growth drivers, from the filed years to fiscal 2024: revenue grew 22.8% a year over the last three filed years against 28.6% over all 8, slowing (bottom 13% of its family); the newest year grew 0.1% (bottom 13%); capital spending grew 27% a year (top 35%) (its annual reports). Bally's Corporation reported 5 lines of business in fiscal 2025: Casinos Resorts at $1.4 billion (57%), Intralot B2 C at $753 million (31%), North America Interactive at $196 million (8%), and 2 more; 3 of 5 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-5.8 points a yearbottom 13% of its family
  • the newest year's revenue growth0.1%bottom 13% of its family
  • three-year growth of capital spending27.0%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.4/10

Did its newest year beat what its own record pointed to?

bottom 14% of 27 in its family for expectations against reality.

weight 33% of this tense · 14th percentile among 27 sector filers · read for its shareholders

From the record

Bally's Corporation's newest year against its own record: revenue of $2.5 billion in fiscal 2024 came in 26.5% below the $3.3 billion its prior three years' pace pointed to (bottom 20% of its family); net income of $568 million against a prior three-year average of $243 million (bottom 17%); a net margin of -23.2% against -11.7% before (bottom 6%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-26.5%bottom 20% of its family
  • net income against the prior three years' average-134%bottom 17% of its family
  • net margin against its prior average-11.4 pointsbottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BALY · research, not advice