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Bally's Corp（BALY）与雷诺士国际（LII）财务数据对比。点击上方公司名可切换其他公司
雷诺士国际的季度营收约是Bally's Corp的1.6倍（$1.2B vs $746.2M），雷诺士国际净利率更高（13.6% vs -47.3%，领先60.9%），Bally's Corp同比增速更快（28.6% vs -11.2%），过去两年Bally's Corp的营收复合增速更高（9.8% vs 6.8%）
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。
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
BALY vs LII — 直观对比
营收规模更大
LII
是对方的1.6倍
$746.2M
营收增速更快
BALY
高出39.7%
-11.2%
净利率更高
LII
高出60.9%
-47.3%
两年增速更快
BALY
近两年复合增速
6.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $746.2M | $1.2B |
| 净利润 | $-353.2M | $162.1M |
| 毛利率 | — | 34.7% |
| 营业利润率 | -36.8% | 18.6% |
| 净利率 | -47.3% | 13.6% |
| 营收同比 | 28.6% | -11.2% |
| 净利润同比 | -311.8% | -18.0% |
| 每股收益（稀释后） | $-5.84 | $4.62 |
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BALYLII
| Q4 25 | $746.2M | $1.2B | ||
| Q3 25 | $663.7M | $1.4B | ||
| Q2 25 | $657.5M | $1.5B | ||
| Q1 25 | $368.7M | $1.1B | ||
| Q4 24 | $580.4M | $1.3B | ||
| Q3 24 | $630.0M | $1.5B | ||
| Q2 24 | $621.7M | $1.5B | ||
| Q1 24 | $618.5M | $1.0B |
净利润BALYLII
| Q4 25 | $-353.2M | $162.1M | ||
| Q3 25 | $-102.9M | $245.8M | ||
| Q2 25 | $-228.4M | $277.6M | ||
| Q1 25 | $34.5M | $120.3M | ||
| Q4 24 | $-85.8M | $197.7M | ||
| Q3 24 | $-247.9M | $239.0M | ||
| Q2 24 | $-60.2M | $245.9M | ||
| Q1 24 | $-173.9M | $124.3M |
毛利率BALYLII
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 32.8% | ||
| Q2 25 | — | 34.8% | ||
| Q1 25 | — | 30.6% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | — | 32.6% | ||
| Q2 24 | — | 33.6% | ||
| Q1 24 | — | 32.5% |
营业利润率BALYLII
| Q4 25 | -36.8% | 18.6% | ||
| Q3 25 | 0.1% | 21.7% | ||
| Q2 25 | -0.4% | 23.6% | ||
| Q1 25 | -0.5% | 14.5% | ||
| Q4 24 | -5.6% | 18.2% | ||
| Q3 24 | -25.0% | 20.2% | ||
| Q2 24 | 0.9% | 22.1% | ||
| Q1 24 | -12.0% | 15.9% |
净利率BALYLII
| Q4 25 | -47.3% | 13.6% | ||
| Q3 25 | -15.5% | 17.2% | ||
| Q2 25 | -34.7% | 18.5% | ||
| Q1 25 | 9.4% | 11.2% | ||
| Q4 24 | -14.8% | 14.7% | ||
| Q3 24 | -39.3% | 16.0% | ||
| Q2 24 | -9.7% | 16.9% | ||
| Q1 24 | -28.1% | 11.9% |
每股收益（稀释后）BALYLII
| Q4 25 | $-5.84 | $4.62 | ||
| Q3 25 | $-1.70 | $6.98 | ||
| Q2 25 | $-3.76 | $7.82 | ||
| Q1 25 | $0.57 | $3.37 | ||
| Q4 24 | $-1.76 | $5.52 | ||
| Q3 24 | $-5.10 | $6.68 | ||
| Q2 24 | $-1.24 | $6.87 | ||
| Q1 24 | $-3.61 | $3.47 |
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 | $34.7M |
| 总债务越低越好 | $4.5B | $1.1B |
| 股东权益账面价值 | $994.7M | $1.2B |
| 总资产 | $11.2B | $4.1B |
| 负债/权益比越低杠杆越低 | 4.52× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资BALYLII
| Q4 25 | $798.4M | $34.7M | ||
| Q3 25 | $160.7M | $59.2M | ||
| Q2 25 | $174.6M | $55.1M | ||
| Q1 25 | $209.7M | $222.9M | ||
| Q4 24 | $171.2M | $422.3M | ||
| Q3 24 | $191.0M | $255.7M | ||
| Q2 24 | $154.7M | $57.8M | ||
| Q1 24 | $169.4M | $57.6M |
总债务BALYLII
| Q4 25 | $4.5B | $1.1B | ||
| Q3 25 | $3.7B | $838.2M | ||
| Q2 25 | $3.6B | $835.7M | ||
| Q1 25 | $3.5B | $834.2M | ||
| Q4 24 | $3.3B | $833.1M | ||
| Q3 24 | $3.7B | $827.6M | ||
| Q2 24 | $3.7B | $1.1B | ||
| Q1 24 | $3.7B | $1.2B |
股东权益BALYLII
| Q4 25 | $994.7M | $1.2B | ||
| Q3 25 | $521.5M | $1.1B | ||
| Q2 25 | $630.1M | $900.5M | ||
| Q1 25 | $796.5M | $852.5M | ||
| Q4 24 | $30.9M | $850.2M | ||
| Q3 24 | $233.4M | $754.0M | ||
| Q2 24 | $393.1M | $577.4M | ||
| Q1 24 | $449.4M | $368.8M |
总资产BALYLII
| Q4 25 | $11.2B | $4.1B | ||
| Q3 25 | $7.6B | $3.5B | ||
| Q2 25 | $7.8B | $3.7B | ||
| Q1 25 | $7.5B | $3.5B | ||
| Q4 24 | $5.9B | $3.5B | ||
| Q3 24 | $6.4B | $3.3B | ||
| Q2 24 | $6.6B | $3.2B | ||
| Q1 24 | $6.6B | $3.0B |
负债/权益比BALYLII
| Q4 25 | 4.52× | 0.98× | ||
| Q3 25 | 7.17× | 0.78× | ||
| Q2 25 | 5.68× | 0.93× | ||
| Q1 25 | 4.33× | 0.98× | ||
| Q4 24 | 107.40× | 0.98× | ||
| Q3 24 | 15.73× | 1.10× | ||
| Q2 24 | 9.34× | 1.95× | ||
| Q1 24 | 8.19× | 3.13× |
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 | — | $405.9M |
| 自由现金流经营现金流 - 资本支出 | — | $376.7M |
| 自由现金流率自由现金流/营收 | — | 31.5% |
| 资本支出强度资本支出/营收 | 5.1% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 2.50× |
| 过去12个月自由现金流最近4个季度 | — | $638.8M |
8季度趋势，按日历期对齐
经营现金流BALYLII
| Q4 25 | — | $405.9M | ||
| Q3 25 | $-88.6M | $300.7M | ||
| Q2 25 | — | $86.8M | ||
| Q1 25 | $42.0M | $-35.8M | ||
| Q4 24 | $37.8M | $332.4M | ||
| Q3 24 | $36.5M | $452.1M | ||
| Q2 24 | $47.6M | $184.0M | ||
| Q1 24 | $-7.9M | $-22.8M |
自由现金流BALYLII
| Q4 25 | — | $376.7M | ||
| Q3 25 | $-139.3M | $265.1M | ||
| Q2 25 | — | $58.3M | ||
| Q1 25 | $11.5M | $-61.3M | ||
| Q4 24 | $-5.9M | $272.2M | ||
| Q3 24 | $-55.8M | $410.9M | ||
| Q2 24 | $11.8M | $151.3M | ||
| Q1 24 | $-35.9M | $-52.3M |
自由现金流率BALYLII
| Q4 25 | — | 31.5% | ||
| Q3 25 | -21.0% | 18.6% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | 3.1% | -5.7% | ||
| Q4 24 | -1.0% | 20.2% | ||
| Q3 24 | -8.9% | 27.4% | ||
| Q2 24 | 1.9% | 10.4% | ||
| Q1 24 | -5.8% | -5.0% |
资本支出强度BALYLII
| Q4 25 | 5.1% | 2.4% | ||
| Q3 25 | 7.6% | 2.5% | ||
| Q2 25 | 7.4% | 1.9% | ||
| Q1 25 | 8.3% | 2.4% | ||
| Q4 24 | 7.5% | 4.5% | ||
| Q3 24 | 14.7% | 2.8% | ||
| Q2 24 | 5.7% | 2.3% | ||
| Q1 24 | 4.5% | 2.8% |
现金转化率BALYLII
| Q4 25 | — | 2.50× | ||
| Q3 25 | — | 1.22× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | 1.22× | -0.30× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | — | 0.75× | ||
| Q1 24 | — | -0.18× |
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% |
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
