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BALY (Ballys) Degree of Operating Leverage : 1.97 (As of Mar. 2025)


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What is Ballys Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. Ballys's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 1.97. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for Ballys's Degree of Operating Leverage or its related term are showing as below:

BALY's Degree of Operating Leverage is ranked worse than
61.64% of 803 companies
in the Travel & Leisure industry
Industry Median: 1.17 vs BALY: 1.97

Ballys Degree of Operating Leverage Historical Data

The historical data trend for Ballys's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ballys Degree of Operating Leverage Chart

Ballys Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only 3.84 -0.36 301.33 -16.31 -6,053.72

Ballys Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -68.44 1,033.57 2,423.90 -6,053.72 1.97

Competitive Comparison of Ballys's Degree of Operating Leverage

For the Resorts & Casinos subindustry, Ballys's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ballys's Degree of Operating Leverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ballys's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where Ballys's Degree of Operating Leverage falls into.


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Ballys Degree of Operating Leverage Calculation

Ballys's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -172.754 (Mar. 2025) / -350.821 (Mar. 2024) - 1 )/( 1831.996 (Mar. 2025) / 2468.835 (Mar. 2024) - 1 )
=-0.5076/-0.258
=1.97***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Ballys  (NYSE:BALY) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


Ballys Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of Ballys's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Ballys Business Description

Traded in Other Exchanges
N/A
Address
100 Westminster Street, Providence, RI, USA, 02903
Ballys Corp is a gaming, hospitality, and entertainment company with a portfolio of casinos and resorts and a growing omnichannel presence. It provides customers with physical and interactive entertainment and gaming experiences, including traditional casino offerings, iGaming, online bingo, sportsbook, and free-to-play (F2P) games. The company owns and operates, several casinos across the United States, one golf course in New York, one horse racetrack in Colorado, and Aspers Casino in the United Kingdom. Its Interactive International division, an interactive gaming operator concentrated in Europe, operates a lottery management and services business. The company's reportable segments are Casinos and Resorts, which derive key revenue, International Interactive and North America Interactive.
Executives
Jeffrey W Rollins director
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Terrence Downey director 100 TWIN RIVER ROAD, LINCOLN RI 02865
Wanda Y. Wilson director 100 TWIN RIVER ROAD, LINCOLN RI 02865
Lee Kim Barker officer: EVP, Chief Legal Officer C/O BALLY'S CORPORATION, 100 WESTMINSTER STREET, PROVIDENCE RI 02903
Tracy S. Harris director C/O 1847 HOLDINGS LLC, 590 MADISON AVE., 21ST FLOOR, NEW YORK NY 10022
Robeson Reeves director, officer: President, Interactive 100 WESTMINSTER STREET, PROVIDENCE RI 02903
Craig L Eaton officer: EVP, General Counsel, Sec. 100 TWIN RIVER ROAD, LINCOLN RI 02865
George T. Papanier director, officer: President and CEO 100 TWIN RIVER ROAD, LINCOLN RI 02865
Marcus Glover officer: EVP, Chief Financial Officer C/O BALLY'S CORPORATION, 100 WESTMINSTER STREET, PROVIDENCE RI 02903
Standard General L.p. director, 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Noel Hayden 10 percent owner C/O ANZO GROUP LIMITED, 25 GOLDEN SQUARE, LONDON X0 W1F 9LU
Marc A Crisafulli officer: EVP Government Relations C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert M. Lavan officer: Executive Vice President, CFO 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Stephen H Capp officer: Executive Vice President, CFO C/O PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148