vs
Bally's Corp（BALY）与GENESIS ENERGY LP（GEL）财务数据对比。点击上方公司名可切换其他公司
Bally's Corp的季度营收约是GENESIS ENERGY LP的1.7倍（$746.2M vs $440.8M），GENESIS ENERGY LP净利率更高（4.5% vs -47.3%，领先51.8%），Bally's Corp同比增速更快（28.6% vs 10.5%），过去两年Bally's Corp的营收复合增速更高（9.8% vs 0.7%）
巴利公司是总部位于美国罗德岛州普罗维登斯的博彩、体育投注与互动娱乐企业。目前该公司在美国11个州运营19家赌场，在科罗拉多州拥有一座赛马场，在纽约州拥有一座高尔夫球场，同时在全美14个州开展线上体育投注业务，还通过子公司在澳大利亚两个州运营两处产业。
Genesis Energy LP是一家总部位于美国的中游能源合伙企业，主营原油、天然气、成品油及特种工业原料的基础设施运营与物流服务，旗下资产涵盖管道、仓储码头、海运设施及铁路物流枢纽，为北美地区的炼油厂、工业客户及能源分销商提供服务。
BALY vs GEL — 直观对比
营收规模更大
BALY
是对方的1.7倍
$440.8M
营收增速更快
BALY
高出18.1%
10.5%
净利率更高
GEL
高出51.8%
-47.3%
两年增速更快
BALY
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $746.2M | $440.8M |
| 净利润 | $-353.2M | $19.9M |
| 毛利率 | — | — |
| 营业利润率 | -36.8% | 20.4% |
| 净利率 | -47.3% | 4.5% |
| 营收同比 | 28.6% | 10.5% |
| 净利润同比 | -311.8% | 140.2% |
| 每股收益（稀释后） | $-5.84 | $0.04 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BALYGEL
| Q4 25 | $746.2M | $440.8M | ||
| Q3 25 | $663.7M | $414.0M | ||
| Q2 25 | $657.5M | $377.3M | ||
| Q1 25 | $368.7M | $398.3M | ||
| Q4 24 | $580.4M | $398.9M | ||
| Q3 24 | $630.0M | $397.3M | ||
| Q2 24 | $621.7M | $430.2M | ||
| Q1 24 | $618.5M | $434.4M |
净利润BALYGEL
| Q4 25 | $-353.2M | $19.9M | ||
| Q3 25 | $-102.9M | $9.2M | ||
| Q2 25 | $-228.4M | $-406.0K | ||
| Q1 25 | $34.5M | $-469.1M | ||
| Q4 24 | $-85.8M | $-49.4M | ||
| Q3 24 | $-247.9M | $-17.2M | ||
| Q2 24 | $-60.2M | $-8.7M | ||
| Q1 24 | $-173.9M | $11.4M |
营业利润率BALYGEL
| Q4 25 | -36.8% | 20.4% | ||
| Q3 25 | 0.1% | 19.0% | ||
| Q2 25 | -0.4% | 17.9% | ||
| Q1 25 | -0.5% | 5.5% | ||
| Q4 24 | -5.6% | 3.4% | ||
| Q3 24 | -25.0% | 12.2% | ||
| Q2 24 | 0.9% | 11.6% | ||
| Q1 24 | -12.0% | 13.4% |
净利率BALYGEL
| Q4 25 | -47.3% | 4.5% | ||
| Q3 25 | -15.5% | 2.2% | ||
| Q2 25 | -34.7% | -0.1% | ||
| Q1 25 | 9.4% | -117.8% | ||
| Q4 24 | -14.8% | -12.4% | ||
| Q3 24 | -39.3% | -4.3% | ||
| Q2 24 | -9.7% | -2.0% | ||
| Q1 24 | -28.1% | 2.6% |
每股收益（稀释后）BALYGEL
| Q4 25 | $-5.84 | $0.04 | ||
| Q3 25 | $-1.70 | $-0.05 | ||
| Q2 25 | $-3.76 | $-0.12 | ||
| Q1 25 | $0.57 | $-4.06 | ||
| Q4 24 | $-1.76 | $-0.58 | ||
| Q3 24 | $-5.10 | $-0.32 | ||
| Q2 24 | $-1.24 | $-0.25 | ||
| Q1 24 | $-3.61 | $-0.09 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $798.4M | $6.4M |
| 总债务越低越好 | $4.5B | $3.0B |
| 股东权益账面价值 | $994.7M | — |
| 总资产 | $11.2B | $4.9B |
| 负债/权益比越低杠杆越低 | 4.52× | — |
8季度趋势，按日历期对齐
现金及短期投资BALYGEL
| Q4 25 | $798.4M | $6.4M | ||
| Q3 25 | $160.7M | $4.9M | ||
| Q2 25 | $174.6M | $4.5M | ||
| Q1 25 | $209.7M | $377.4M | ||
| Q4 24 | $171.2M | $7.4M | ||
| Q3 24 | $191.0M | $13.0M | ||
| Q2 24 | $154.7M | $13.7M | ||
| Q1 24 | $169.4M | $7.0M |
总债务BALYGEL
| Q4 25 | $4.5B | $3.0B | ||
| Q3 25 | $3.7B | $3.1B | ||
| Q2 25 | $3.6B | $3.1B | ||
| Q1 25 | $3.5B | $3.4B | ||
| Q4 24 | $3.3B | $3.7B | ||
| Q3 24 | $3.7B | $4.0B | ||
| Q2 24 | $3.7B | $3.9B | ||
| Q1 24 | $3.7B | $3.8B |
股东权益BALYGEL
| Q4 25 | $994.7M | — | ||
| Q3 25 | $521.5M | — | ||
| Q2 25 | $630.1M | — | ||
| Q1 25 | $796.5M | — | ||
| Q4 24 | $30.9M | — | ||
| Q3 24 | $233.4M | — | ||
| Q2 24 | $393.1M | — | ||
| Q1 24 | $449.4M | — |
总资产BALYGEL
| Q4 25 | $11.2B | $4.9B | ||
| Q3 25 | $7.6B | $4.9B | ||
| Q2 25 | $7.8B | $4.8B | ||
| Q1 25 | $7.5B | $5.2B | ||
| Q4 24 | $5.9B | $7.0B | ||
| Q3 24 | $6.4B | $7.1B | ||
| Q2 24 | $6.6B | $7.0B | ||
| Q1 24 | $6.6B | $6.9B |
负债/权益比BALYGEL
| Q4 25 | 4.52× | — | ||
| Q3 25 | 7.17× | — | ||
| Q2 25 | 5.68× | — | ||
| Q1 25 | 4.33× | — | ||
| Q4 24 | 107.40× | — | ||
| Q3 24 | 15.73× | — | ||
| Q2 24 | 9.34× | — | ||
| Q1 24 | 8.19× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $110.8M |
| 自由现金流经营现金流 - 资本支出 | — | $87.0M |
| 自由现金流率自由现金流/营收 | — | 19.7% |
| 资本支出强度资本支出/营收 | 5.1% | 5.4% |
| 现金转化率经营现金流/净利润 | — | 5.58× |
| 过去12个月自由现金流最近4个季度 | — | $65.9M |
8季度趋势，按日历期对齐
经营现金流BALYGEL
| Q4 25 | — | $110.8M | ||
| Q3 25 | $-88.6M | $70.3M | ||
| Q2 25 | — | $47.0M | ||
| Q1 25 | $42.0M | $24.8M | ||
| Q4 24 | $37.8M | $74.0M | ||
| Q3 24 | $36.5M | $87.3M | ||
| Q2 24 | $47.6M | $104.7M | ||
| Q1 24 | $-7.9M | $125.9M |
自由现金流BALYGEL
| Q4 25 | — | $87.0M | ||
| Q3 25 | $-139.3M | $43.3M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | $11.5M | $-56.8M | ||
| Q4 24 | $-5.9M | $-47.1M | ||
| Q3 24 | $-55.8M | $-32.3M | ||
| Q2 24 | $11.8M | $-67.5M | ||
| Q1 24 | $-35.9M | $-48.3M |
自由现金流率BALYGEL
| Q4 25 | — | 19.7% | ||
| Q3 25 | -21.0% | 10.5% | ||
| Q2 25 | — | -2.0% | ||
| Q1 25 | 3.1% | -14.3% | ||
| Q4 24 | -1.0% | -11.8% | ||
| Q3 24 | -8.9% | -8.1% | ||
| Q2 24 | 1.9% | -15.7% | ||
| Q1 24 | -5.8% | -11.1% |
资本支出强度BALYGEL
| Q4 25 | 5.1% | 5.4% | ||
| Q3 25 | 7.6% | 6.5% | ||
| Q2 25 | 7.4% | 14.5% | ||
| Q1 25 | 8.3% | 20.5% | ||
| Q4 24 | 7.5% | 30.3% | ||
| Q3 24 | 14.7% | 30.1% | ||
| Q2 24 | 5.7% | 40.0% | ||
| Q1 24 | 4.5% | 40.1% |
现金转化率BALYGEL
| Q4 25 | — | 5.58× | ||
| Q3 25 | — | 7.63× | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 11.09× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BALY
| Casinos Resorts | $366.2M | 49% |
| Non Casino | $172.7M | 23% |
| Food And Beverage | $74.6M | 10% |
| Hotel | $69.9M | 9% |
| North America Interactive | $62.3M | 8% |
| Loyalty Programs | $6.7M | 1% |
GEL
| Onshore Facilities And Transportation Revenue | $204.2M | 46% |
| Offshore Pipeline Transportation Revenue | $154.3M | 35% |
| Marine Transportation Revenue | $82.2M | 19% |
