vs
Bally's Corp（BALY）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Bally's Corp的1.6倍（$1.2B vs $746.2M），利氏兄弟拍卖行净利率更高（9.1% vs -47.3%，领先56.5%），Bally's Corp同比增速更快（28.6% vs 5.4%），过去两年Bally's Corp的营收复合增速更高（9.8% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
BALY vs RBA — 直观对比
营收规模更大
RBA
是对方的1.6倍
$746.2M
营收增速更快
BALY
高出23.2%
5.4%
净利率更高
RBA
高出56.5%
-47.3%
两年增速更快
BALY
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $746.2M | $1.2B |
| 净利润 | $-353.2M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | -36.8% | 14.7% |
| 净利率 | -47.3% | 9.1% |
| 营收同比 | 28.6% | 5.4% |
| 净利润同比 | -311.8% | -7.4% |
| 每股收益（稀释后） | $-5.84 | $0.53 |
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BALYRBA
| Q4 25 | $746.2M | $1.2B | ||
| Q3 25 | $663.7M | $1.1B | ||
| Q2 25 | $657.5M | $1.2B | ||
| Q1 25 | $368.7M | $1.1B | ||
| Q4 24 | $580.4M | $1.1B | ||
| Q3 24 | $630.0M | $981.8M | ||
| Q2 24 | $621.7M | $1.1B | ||
| Q1 24 | $618.5M | $1.1B |
净利润BALYRBA
| Q4 25 | $-353.2M | $109.7M | ||
| Q3 25 | $-102.9M | $95.5M | ||
| Q2 25 | $-228.4M | $109.8M | ||
| Q1 25 | $34.5M | $113.4M | ||
| Q4 24 | $-85.8M | $118.5M | ||
| Q3 24 | $-247.9M | $76.1M | ||
| Q2 24 | $-60.2M | $111.1M | ||
| Q1 24 | $-173.9M | $107.4M |
营业利润率BALYRBA
| Q4 25 | -36.8% | 14.7% | ||
| Q3 25 | 0.1% | 14.5% | ||
| Q2 25 | -0.4% | 15.9% | ||
| Q1 25 | -0.5% | 17.1% | ||
| Q4 24 | -5.6% | 18.1% | ||
| Q3 24 | -25.0% | 15.6% | ||
| Q2 24 | 0.9% | 18.4% | ||
| Q1 24 | -12.0% | 18.7% |
净利率BALYRBA
| Q4 25 | -47.3% | 9.1% | ||
| Q3 25 | -15.5% | 8.7% | ||
| Q2 25 | -34.7% | 9.3% | ||
| Q1 25 | 9.4% | 10.2% | ||
| Q4 24 | -14.8% | 10.4% | ||
| Q3 24 | -39.3% | 7.8% | ||
| Q2 24 | -9.7% | 10.1% | ||
| Q1 24 | -28.1% | 10.1% |
每股收益（稀释后）BALYRBA
| Q4 25 | $-5.84 | $0.53 | ||
| Q3 25 | $-1.70 | $0.43 | ||
| Q2 25 | $-3.76 | $0.53 | ||
| Q1 25 | $0.57 | $0.55 | ||
| Q4 24 | $-1.76 | $0.58 | ||
| Q3 24 | $-5.10 | $0.36 | ||
| Q2 24 | $-1.24 | $0.54 | ||
| Q1 24 | $-3.61 | $0.53 |
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 | $531.5M |
| 总债务越低越好 | $4.5B | $2.3B |
| 股东权益账面价值 | $994.7M | $5.6B |
| 总资产 | $11.2B | $12.1B |
| 负债/权益比越低杠杆越低 | 4.52× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资BALYRBA
| Q4 25 | $798.4M | $531.5M | ||
| Q3 25 | $160.7M | $674.7M | ||
| Q2 25 | $174.6M | $710.2M | ||
| Q1 25 | $209.7M | $578.1M | ||
| Q4 24 | $171.2M | $533.9M | ||
| Q3 24 | $191.0M | $650.7M | ||
| Q2 24 | $154.7M | $599.5M | ||
| Q1 24 | $169.4M | $462.8M |
总债务BALYRBA
| Q4 25 | $4.5B | $2.3B | ||
| Q3 25 | $3.7B | $2.6B | ||
| Q2 25 | $3.6B | $2.6B | ||
| Q1 25 | $3.5B | $2.6B | ||
| Q4 24 | $3.3B | $2.6B | ||
| Q3 24 | $3.7B | $2.7B | ||
| Q2 24 | $3.7B | $2.8B | ||
| Q1 24 | $3.7B | $2.9B |
股东权益BALYRBA
| Q4 25 | $994.7M | $5.6B | ||
| Q3 25 | $521.5M | $5.5B | ||
| Q2 25 | $630.1M | $5.5B | ||
| Q1 25 | $796.5M | $5.3B | ||
| Q4 24 | $30.9M | $5.2B | ||
| Q3 24 | $233.4M | $5.2B | ||
| Q2 24 | $393.1M | $5.2B | ||
| Q1 24 | $449.4M | $5.1B |
总资产BALYRBA
| Q4 25 | $11.2B | $12.1B | ||
| Q3 25 | $7.6B | $12.2B | ||
| Q2 25 | $7.8B | $12.2B | ||
| Q1 25 | $7.5B | $11.9B | ||
| Q4 24 | $5.9B | $11.8B | ||
| Q3 24 | $6.4B | $11.9B | ||
| Q2 24 | $6.6B | $12.1B | ||
| Q1 24 | $6.6B | $12.0B |
负债/权益比BALYRBA
| Q4 25 | 4.52× | 0.42× | ||
| Q3 25 | 7.17× | 0.47× | ||
| Q2 25 | 5.68× | 0.47× | ||
| Q1 25 | 4.33× | 0.50× | ||
| Q4 24 | 107.40× | 0.50× | ||
| Q3 24 | 15.73× | 0.52× | ||
| Q2 24 | 9.34× | 0.55× | ||
| Q1 24 | 8.19× | 0.58× |
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 | — | $255.2M |
| 自由现金流经营现金流 - 资本支出 | — | $186.5M |
| 自由现金流率自由现金流/营收 | — | 15.5% |
| 资本支出强度资本支出/营收 | 5.1% | 5.7% |
| 现金转化率经营现金流/净利润 | — | 2.33× |
| 过去12个月自由现金流最近4个季度 | — | $719.2M |
8季度趋势，按日历期对齐
经营现金流BALYRBA
| Q4 25 | — | $255.2M | ||
| Q3 25 | $-88.6M | $239.7M | ||
| Q2 25 | — | $326.5M | ||
| Q1 25 | $42.0M | $156.8M | ||
| Q4 24 | $37.8M | $184.5M | ||
| Q3 24 | $36.5M | $285.4M | ||
| Q2 24 | $47.6M | $337.3M | ||
| Q1 24 | $-7.9M | $124.8M |
自由现金流BALYRBA
| Q4 25 | — | $186.5M | ||
| Q3 25 | $-139.3M | $188.5M | ||
| Q2 25 | — | $241.7M | ||
| Q1 25 | $11.5M | $102.5M | ||
| Q4 24 | $-5.9M | $127.9M | ||
| Q3 24 | $-55.8M | $248.5M | ||
| Q2 24 | $11.8M | $308.6M | ||
| Q1 24 | $-35.9M | $79.6M |
自由现金流率BALYRBA
| Q4 25 | — | 15.5% | ||
| Q3 25 | -21.0% | 17.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | 3.1% | 9.2% | ||
| Q4 24 | -1.0% | 11.2% | ||
| Q3 24 | -8.9% | 25.3% | ||
| Q2 24 | 1.9% | 28.2% | ||
| Q1 24 | -5.8% | 7.5% |
资本支出强度BALYRBA
| Q4 25 | 5.1% | 5.7% | ||
| Q3 25 | 7.6% | 4.7% | ||
| Q2 25 | 7.4% | 7.2% | ||
| Q1 25 | 8.3% | 4.9% | ||
| Q4 24 | 7.5% | 5.0% | ||
| Q3 24 | 14.7% | 3.8% | ||
| Q2 24 | 5.7% | 2.6% | ||
| Q1 24 | 4.5% | 4.2% |
现金转化率BALYRBA
| Q4 25 | — | 2.33× | ||
| Q3 25 | — | 2.51× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | 1.22× | 1.38× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 3.75× | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | — | 1.16× |
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% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
