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Bally's Corp（BALY）与永利度假村有限公司（RRR）财务数据对比。点击上方公司名可切换其他公司
Bally's Corp的季度营收约是永利度假村有限公司的1.5倍（$746.2M vs $511.8M）。永利度假村有限公司净利率更高（8.7% vs -47.3%，领先56.1%）。Bally's Corp同比增速更快（28.6% vs 3.2%）。过去两年Bally's Corp的营收复合增速更高（9.8% vs 2.3%）
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。
永利度假村有限公司是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店与赌场的开发及运营。公司由前梦幻度假村集团董事长兼首席执行官史蒂夫·永利于2002年创立，现任首席执行官为克雷格·比林斯，截至2020年共开发了6处物业。
BALY vs RRR — 直观对比
营收规模更大
BALY
是对方的1.5倍
$511.8M
营收增速更快
BALY
高出25.3%
3.2%
净利率更高
RRR
高出56.1%
-47.3%
两年增速更快
BALY
近两年复合增速
2.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $746.2M | $511.8M |
| 净利润 | $-353.2M | $44.7M |
| 毛利率 | — | — |
| 营业利润率 | -36.8% | 28.1% |
| 净利率 | -47.3% | 8.7% |
| 营收同比 | 28.6% | 3.2% |
| 净利润同比 | -311.8% | -4.1% |
| 每股收益（稀释后） | $-5.84 | $0.74 |
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BALYRRR
| Q4 25 | $746.2M | $511.8M | ||
| Q3 25 | $663.7M | $475.6M | ||
| Q2 25 | $657.5M | $526.3M | ||
| Q1 25 | $368.7M | $497.9M | ||
| Q4 24 | $580.4M | $495.7M | ||
| Q3 24 | $630.0M | $468.0M | ||
| Q2 24 | $621.7M | $486.4M | ||
| Q1 24 | $618.5M | $488.9M |
净利润BALYRRR
| Q4 25 | $-353.2M | $44.7M | ||
| Q3 25 | $-102.9M | $42.3M | ||
| Q2 25 | $-228.4M | $56.4M | ||
| Q1 25 | $34.5M | $44.7M | ||
| Q4 24 | $-85.8M | $46.6M | ||
| Q3 24 | $-247.9M | $29.0M | ||
| Q2 24 | $-60.2M | $35.7M | ||
| Q1 24 | $-173.9M | $42.8M |
营业利润率BALYRRR
| Q4 25 | -36.8% | 28.1% | ||
| Q3 25 | 0.1% | 27.6% | ||
| Q2 25 | -0.4% | 31.9% | ||
| Q1 25 | -0.5% | 31.0% | ||
| Q4 24 | -5.6% | 28.7% | ||
| Q3 24 | -25.0% | 27.9% | ||
| Q2 24 | 0.9% | 28.8% | ||
| Q1 24 | -12.0% | 31.8% |
净利率BALYRRR
| Q4 25 | -47.3% | 8.7% | ||
| Q3 25 | -15.5% | 8.9% | ||
| Q2 25 | -34.7% | 10.7% | ||
| Q1 25 | 9.4% | 9.0% | ||
| Q4 24 | -14.8% | 9.4% | ||
| Q3 24 | -39.3% | 6.2% | ||
| Q2 24 | -9.7% | 7.3% | ||
| Q1 24 | -28.1% | 8.8% |
每股收益（稀释后）BALYRRR
| Q4 25 | $-5.84 | $0.74 | ||
| Q3 25 | $-1.70 | $0.68 | ||
| Q2 25 | $-3.76 | $0.95 | ||
| Q1 25 | $0.57 | $0.75 | ||
| Q4 24 | $-1.76 | $0.78 | ||
| Q3 24 | $-5.10 | $0.48 | ||
| Q2 24 | $-1.24 | $0.59 | ||
| Q1 24 | $-3.61 | $0.68 |
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 | $142.5M |
| 总债务越低越好 | $4.5B | $3.4B |
| 股东权益账面价值 | $994.7M | $208.3M |
| 总资产 | $11.2B | $4.2B |
| 负债/权益比越低杠杆越低 | 4.52× | 16.30× |
8季度趋势，按日历期对齐
现金及短期投资BALYRRR
| Q4 25 | $798.4M | $142.5M | ||
| Q3 25 | $160.7M | $129.8M | ||
| Q2 25 | $174.6M | $145.2M | ||
| Q1 25 | $209.7M | $150.6M | ||
| Q4 24 | $171.2M | $164.4M | ||
| Q3 24 | $191.0M | $117.5M | ||
| Q2 24 | $154.7M | $136.4M | ||
| Q1 24 | $169.4M | $129.7M |
总债务BALYRRR
| Q4 25 | $4.5B | $3.4B | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.3B | $3.4B | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.7B | — | ||
| Q1 24 | $3.7B | — |
股东权益BALYRRR
| Q4 25 | $994.7M | $208.3M | ||
| Q3 25 | $521.5M | $219.6M | ||
| Q2 25 | $630.1M | $203.4M | ||
| Q1 25 | $796.5M | $247.1M | ||
| Q4 24 | $30.9M | $215.1M | ||
| Q3 24 | $233.4M | $175.5M | ||
| Q2 24 | $393.1M | $159.0M | ||
| Q1 24 | $449.4M | $135.2M |
总资产BALYRRR
| Q4 25 | $11.2B | $4.2B | ||
| Q3 25 | $7.6B | $4.1B | ||
| Q2 25 | $7.8B | $4.0B | ||
| Q1 25 | $7.5B | $4.1B | ||
| Q4 24 | $5.9B | $4.0B | ||
| Q3 24 | $6.4B | $4.0B | ||
| Q2 24 | $6.6B | $4.0B | ||
| Q1 24 | $6.6B | $4.0B |
负债/权益比BALYRRR
| Q4 25 | 4.52× | 16.30× | ||
| Q3 25 | 7.17× | — | ||
| Q2 25 | 5.68× | — | ||
| Q1 25 | 4.33× | — | ||
| Q4 24 | 107.40× | 15.84× | ||
| 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 | — | $156.6M |
| 自由现金流经营现金流 - 资本支出 | — | $77.7M |
| 自由现金流率自由现金流/营收 | — | 15.2% |
| 资本支出强度资本支出/营收 | 5.1% | 15.4% |
| 现金转化率经营现金流/净利润 | — | 3.51× |
| 过去12个月自由现金流最近4个季度 | — | $290.5M |
8季度趋势，按日历期对齐
经营现金流BALYRRR
| Q4 25 | — | $156.6M | ||
| Q3 25 | $-88.6M | $168.3M | ||
| Q2 25 | — | $158.4M | ||
| Q1 25 | $42.0M | $126.2M | ||
| Q4 24 | $37.8M | $148.2M | ||
| Q3 24 | $36.5M | $131.0M | ||
| Q2 24 | $47.6M | $142.5M | ||
| Q1 24 | $-7.9M | $126.5M |
自由现金流BALYRRR
| Q4 25 | — | $77.7M | ||
| Q3 25 | $-139.3M | $74.6M | ||
| Q2 25 | — | $80.3M | ||
| Q1 25 | $11.5M | $58.0M | ||
| Q4 24 | $-5.9M | $121.4M | ||
| Q3 24 | $-55.8M | $50.7M | ||
| Q2 24 | $11.8M | $64.0M | ||
| Q1 24 | $-35.9M | $28.4M |
自由现金流率BALYRRR
| Q4 25 | — | 15.2% | ||
| Q3 25 | -21.0% | 15.7% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | 3.1% | 11.6% | ||
| Q4 24 | -1.0% | 24.5% | ||
| Q3 24 | -8.9% | 10.8% | ||
| Q2 24 | 1.9% | 13.1% | ||
| Q1 24 | -5.8% | 5.8% |
资本支出强度BALYRRR
| Q4 25 | 5.1% | 15.4% | ||
| Q3 25 | 7.6% | 19.7% | ||
| Q2 25 | 7.4% | 14.9% | ||
| Q1 25 | 8.3% | 13.7% | ||
| Q4 24 | 7.5% | 5.4% | ||
| Q3 24 | 14.7% | 17.2% | ||
| Q2 24 | 5.7% | 16.2% | ||
| Q1 24 | 4.5% | 20.1% |
现金转化率BALYRRR
| Q4 25 | — | 3.51× | ||
| Q3 25 | — | 3.98× | ||
| Q2 25 | — | 2.81× | ||
| Q1 25 | 1.22× | 2.82× | ||
| Q4 24 | — | 3.18× | ||
| Q3 24 | — | 4.53× | ||
| Q2 24 | — | 4.00× | ||
| Q1 24 | — | 2.95× |
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% |
RRR
| Casino | $343.0M | 67% |
| Food And Beverage | $93.3M | 18% |
| Occupancy | $47.2M | 9% |
| Hotel Other | $24.6M | 5% |
