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Bally's Corp（BALY）与Northwest Natural Holding Co（NWN）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Northwest Natural Holding Co的1.9倍（$746.2M vs $394.2M），Bally's Corp同比增速更快（28.6% vs 6.3%），过去两年Bally's Corp的营收复合增速更高（9.8% vs -4.6%）
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。
西北天然气控股公司是美国上市公用事业企业，总部位于俄勒冈州波特兰，成立于1859年。核心业务为天然气配送，服务俄勒冈州西部、华盛顿州西南部的居民、商业及工业客户，同时运营水务业务，目前服务约80万用户，年营收超10亿美元。
BALY vs NWN — 直观对比
营收规模更大
BALY
是对方的1.9倍
$394.2M
营收增速更快
BALY
高出22.3%
6.3%
两年增速更快
BALY
近两年复合增速
-4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $746.2M | $394.2M |
| 净利润 | $-353.2M | — |
| 毛利率 | — | — |
| 营业利润率 | -36.8% | 28.4% |
| 净利率 | -47.3% | — |
| 营收同比 | 28.6% | 6.3% |
| 净利润同比 | -311.8% | — |
| 每股收益（稀释后） | $-5.84 | $1.38 |
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BALYNWN
| Q4 25 | $746.2M | $394.2M | ||
| Q3 25 | $663.7M | $164.7M | ||
| Q2 25 | $657.5M | $236.2M | ||
| Q1 25 | $368.7M | $494.3M | ||
| Q4 24 | $580.4M | $370.9M | ||
| Q3 24 | $630.0M | $136.9M | ||
| Q2 24 | $621.7M | $211.7M | ||
| Q1 24 | $618.5M | $433.5M |
净利润BALYNWN
| Q4 25 | $-353.2M | — | ||
| Q3 25 | $-102.9M | $-29.9M | ||
| Q2 25 | $-228.4M | $-2.5M | ||
| Q1 25 | $34.5M | $87.9M | ||
| Q4 24 | $-85.8M | — | ||
| Q3 24 | $-247.9M | $-27.2M | ||
| Q2 24 | $-60.2M | $-2.8M | ||
| Q1 24 | $-173.9M | $63.8M |
营业利润率BALYNWN
| Q4 25 | -36.8% | 28.4% | ||
| Q3 25 | 0.1% | -7.5% | ||
| Q2 25 | -0.4% | 11.5% | ||
| Q1 25 | -0.5% | 31.2% | ||
| Q4 24 | -5.6% | 22.9% | ||
| Q3 24 | -25.0% | -14.1% | ||
| Q2 24 | 0.9% | 7.4% | ||
| Q1 24 | -12.0% | 25.3% |
净利率BALYNWN
| Q4 25 | -47.3% | — | ||
| Q3 25 | -15.5% | -18.1% | ||
| Q2 25 | -34.7% | -1.1% | ||
| Q1 25 | 9.4% | 17.8% | ||
| Q4 24 | -14.8% | — | ||
| Q3 24 | -39.3% | -19.8% | ||
| Q2 24 | -9.7% | -1.3% | ||
| Q1 24 | -28.1% | 14.7% |
每股收益（稀释后）BALYNWN
| Q4 25 | $-5.84 | $1.38 | ||
| Q3 25 | $-1.70 | $-0.73 | ||
| Q2 25 | $-3.76 | $-0.06 | ||
| Q1 25 | $0.57 | $2.18 | ||
| Q4 24 | $-1.76 | $1.12 | ||
| Q3 24 | $-5.10 | $-0.71 | ||
| Q2 24 | $-1.24 | $-0.07 | ||
| Q1 24 | $-3.61 | $1.69 |
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 | $36.7M |
| 总债务越低越好 | $4.5B | $2.4B |
| 股东权益账面价值 | $994.7M | $1.5B |
| 总资产 | $11.2B | $6.2B |
| 负债/权益比越低杠杆越低 | 4.52× | 1.65× |
8季度趋势，按日历期对齐
现金及短期投资BALYNWN
| Q4 25 | $798.4M | $36.7M | ||
| Q3 25 | $160.7M | $32.2M | ||
| Q2 25 | $174.6M | $102.6M | ||
| Q1 25 | $209.7M | $100.0M | ||
| Q4 24 | $171.2M | $38.5M | ||
| Q3 24 | $191.0M | $35.0M | ||
| Q2 24 | $154.7M | $65.2M | ||
| Q1 24 | $169.4M | $72.4M |
总债务BALYNWN
| Q4 25 | $4.5B | $2.4B | ||
| Q3 25 | $3.7B | $2.2B | ||
| Q2 25 | $3.6B | $2.2B | ||
| Q1 25 | $3.5B | $2.2B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $3.7B | $1.6B | ||
| Q2 24 | $3.7B | $1.6B | ||
| Q1 24 | $3.7B | $1.6B |
股东权益BALYNWN
| Q4 25 | $994.7M | $1.5B | ||
| Q3 25 | $521.5M | $1.4B | ||
| Q2 25 | $630.1M | $1.5B | ||
| Q1 25 | $796.5M | $1.5B | ||
| Q4 24 | $30.9M | $1.4B | ||
| Q3 24 | $233.4M | $1.4B | ||
| Q2 24 | $393.1M | $1.3B | ||
| Q1 24 | $449.4M | $1.3B |
总资产BALYNWN
| Q4 25 | $11.2B | $6.2B | ||
| Q3 25 | $7.6B | $5.9B | ||
| Q2 25 | $7.8B | $5.8B | ||
| Q1 25 | $7.5B | $5.7B | ||
| Q4 24 | $5.9B | $5.2B | ||
| Q3 24 | $6.4B | $4.9B | ||
| Q2 24 | $6.6B | $4.8B | ||
| Q1 24 | $6.6B | $4.8B |
负债/权益比BALYNWN
| Q4 25 | 4.52× | 1.65× | ||
| Q3 25 | 7.17× | 1.56× | ||
| Q2 25 | 5.68× | 1.53× | ||
| Q1 25 | 4.33× | 1.53× | ||
| Q4 24 | 107.40× | 1.23× | ||
| Q3 24 | 15.73× | 1.16× | ||
| Q2 24 | 9.34× | 1.17× | ||
| Q1 24 | 8.19× | 1.17× |
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 | — | $3.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-131.0M |
| 自由现金流率自由现金流/营收 | — | -33.2% |
| 资本支出强度资本支出/营收 | 5.1% | 34.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-197.8M |
8季度趋势，按日历期对齐
经营现金流BALYNWN
| Q4 25 | — | $3.3M | ||
| Q3 25 | $-88.6M | $-15.9M | ||
| Q2 25 | — | $102.2M | ||
| Q1 25 | $42.0M | $179.6M | ||
| Q4 24 | $37.8M | $-19.4M | ||
| Q3 24 | $36.5M | $-26.4M | ||
| Q2 24 | $47.6M | $121.0M | ||
| Q1 24 | $-7.9M | $125.0M |
自由现金流BALYNWN
| Q4 25 | — | $-131.0M | ||
| Q3 25 | $-139.3M | $-125.9M | ||
| Q2 25 | — | $-18.3M | ||
| Q1 25 | $11.5M | $77.4M | ||
| Q4 24 | $-5.9M | $-119.6M | ||
| Q3 24 | $-55.8M | $-121.7M | ||
| Q2 24 | $11.8M | $4.3M | ||
| Q1 24 | $-35.9M | $42.8M |
自由现金流率BALYNWN
| Q4 25 | — | -33.2% | ||
| Q3 25 | -21.0% | -76.4% | ||
| Q2 25 | — | -7.8% | ||
| Q1 25 | 3.1% | 15.7% | ||
| Q4 24 | -1.0% | -32.2% | ||
| Q3 24 | -8.9% | -88.9% | ||
| Q2 24 | 1.9% | 2.0% | ||
| Q1 24 | -5.8% | 9.9% |
资本支出强度BALYNWN
| Q4 25 | 5.1% | 34.1% | ||
| Q3 25 | 7.6% | 66.8% | ||
| Q2 25 | 7.4% | 51.0% | ||
| Q1 25 | 8.3% | 20.7% | ||
| Q4 24 | 7.5% | 27.0% | ||
| Q3 24 | 14.7% | 69.6% | ||
| Q2 24 | 5.7% | 55.1% | ||
| Q1 24 | 4.5% | 19.0% |
现金转化率BALYNWN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.22× | 2.04× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.96× |
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% |
NWN
| NWN Gas Utility | $341.4M | 87% |
| Alternativerevenue | $27.2M | 7% |
| Si Energy Gas Utility | $20.0M | 5% |
| NW Natural Other | $6.9M | 2% |
