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Boyd Gaming Corporation(BYD)Earnings, Financials & Key Ratios
BYD•NYSE
$85.15
$6.41B mkt cap·3.8× P/E·Price updated May 6, 2026
AboutBoyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. As of December 31, 2021, the company operated 28 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. It also engages in owning and operating a travel agency. The company was founded in 1975 and is headquartered in Las Vegas, Nevada.Show more
- Revenue$4.09B+4.1%
- EBITDA$1.18B-2.1%
- Net Income$1.84B+218.9%
- EPS (Diluted)22.56+264.5%
- Gross Margin42.14%-19.2%
- EBITDA Margin28.82%-5.9%
- Operating Margin21.43%-9.2%
- Net Margin45.05%+206.3%
- ROE88%+153.2%
- ROIC12.27%-8.6%
- Debt/Equity1.25-49.6%
- Interest Coverage15.78+201.2%
BYD Key Insights
Boyd Gaming Corporation (BYD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 53.3%
- ✓Strong 5Y sales CAGR of 13.4%
- ✓Share count reduced 12.5% through buybacks
- ✓Healthy 5Y average net margin of 21.6%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BYD Price & Volume
Boyd Gaming Corporation (BYD) stock price & volume — 10-year historical chart
Loading chart...
BYD Growth Metrics
Boyd Gaming Corporation (BYD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.41%
5 Years13.44%
3 Years4.8%
TTM4.12%
Profit CAGR
10 Years44.26%
5 Years-
3 Years42.32%
TTM218.75%
EPS CAGR
10 Years48.94%
5 Years-
3 Years56.64%
TTM265.76%
Return on Capital
10 Years10.99%
5 Years15.94%
3 Years15.7%
Last Year15.06%
BYD Recent Earnings
Boyd Gaming Corporation (BYD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 23, 2026EPS
$1.60
Est $1.76
-9.1%
Revenue
$997M
Est $1.0B
-0.5%
Q1 2026
Feb 5, 2026EPS
$2.21
Est $1.88
+17.6%
Revenue
$1.1B
Est $1.0B
+4.1%
Q4 2025
Oct 23, 2025EPS
$1.72
Est $1.62
+6.2%
Revenue
$1.0B
Est $875M
+14.8%
Q3 2025
Jul 24, 2025EPS
$1.87
Est $1.67
+12.0%
Revenue
$1.0B
Est $880M
+17.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $1.60vs $1.76-9.1% | $997Mvs $1.0B-0.5% |
| Q1 2026 | Feb 5, 2026 | $2.21vs $1.88+17.6% | $1.1Bvs $1.0B+4.1% |
| Q4 2025 | Oct 23, 2025 | $1.72vs $1.62+6.2% | $1.0Bvs $875M+14.8% |
| Q3 2025 | Jul 24, 2025 | $1.87vs $1.67+12.0% | $1.0Bvs $880M+17.4% |
Based on last 12 quarters of dataView full earnings history →
BYD Peer Comparison
Boyd Gaming Corporation (BYD) competitors in Regional and Local Casino Operators — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CZR | 5.65B | 27.76 | -11.47 | 2.14% | -4.19% | -12.62% | 7.15 | |
 MGM | 9.78B | 38.21 | 50.28 | 1.72% | 1.03% | 5.3% | 17.14 | |
 PEN | 12.75B | 324.19 | 71.72 | 17.5% | 11.76% | 12.32% | 0.15 | |
 PENN | 2.24B | 16.75 | -2.87 | 5.82% | -12.11% | -34.66% | 4.58 | |
 RRR | 3.13B | 52.93 | 16.96 | 3.74% | 9.35% | 56.57% | 0.18 | |
 MCRI | 2.1B | 117.63 | 21.66 | 4.39% | 18.6% | 18.68% | 0.05 | |
 WYNN | 11.22B | 107.57 | 34.26 | 0.14% | 4.59% | |||
 LVS | 35.32B | 53.22 | 22.65 | 15.22% | 13.41% | 95.8% | 8.34 |
Compare BYD vs Peers
Boyd Gaming Corporation (BYD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BYD Income Statement
Boyd Gaming Corporation (BYD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.4B | 2.63B | 3.33B | 2.18B | 3.37B | 3.56B | 3.74B | 3.93B | 4.09B |
| Revenue Growth % | 9.16% | 9.41% | 26.63% | -34.5% | 54.69% | 5.51% | 5.15% | 5.13% | 4.12% |
| Cost of Goods Sold | 1.26B | 1.37B | 1.74B | 1.04B | 1.43B | 1.57B | 1.72B | 1.88B | 2.37B |
| COGS % of Revenue | 52.65% | 52.21% | 52.2% | 47.61% | 42.51% | 44.02% | 46.01% | 47.84% | 57.86% |
| Gross Profit | 1.14B▲ 0% | 1.26B▲ 10.4% | 1.59B▲ 26.6% | 1.14B▼ 28.2% | 1.94B▲ 69.7% | 1.99B▲ 2.7% | 2.02B▲ 1.4% | 2.05B▲ 1.5% | 1.72B▼ 15.9% |
| Gross Margin % | 47.35% | 47.79% | 47.8% | 52.39% | 57.49% | 55.98% | 53.99% | 52.16% | 42.14% |
| Gross Profit Growth % | 12.31% | 10.42% | 26.65% | -28.21% | 69.73% | 2.73% | 1.43% | 1.55% | -15.87% |
| Operating Expenses | 793.1M | 900.07M | 1.12B | 1.13B | 1.04B | 1.01B | 1.12B | 1.12B | 847.69M |
| OpEx % of Revenue | 33.03% | 34.27% | 33.59% | 51.74% | 30.78% | 28.38% | 29.87% | 28.55% | 20.72% |
| Selling, General & Admin | 362.04M | 390M | 557.31M | 452.26M | 470.86M | 480.58M | 498.29M | 538.63M | 668.73M |
| SG&A % of Revenue | 15.08% | 14.85% | 16.76% | 20.76% | 13.97% | 13.52% | 13.33% | 13.71% | 16.34% |
| Research & Development | 0 | 0 | 0 | 0 | 31.82M | 0 | 0 | 28.57M | 0 |
| R&D % of Revenue | - | - | - | - | 0.94% | - | - | 0.73% | - |
| Other Operating Expenses | 431.06M | 510.07M | 560.03M | 674.87M | 534.55M | 528.37M | 618.45M | 554.82M | 178.96M |
| Operating Income | 343.8M▲ 0% | 355.28M▲ 3.3% | 472.57M▲ 33.0% | 14.26M▼ 97.0% | 900.1M▲ 6210.8% | 981.22M▲ 9.0% | 901.83M▼ 8.1% | 927.78M▲ 2.9% | 876.8M▼ 5.5% |
| Operating Margin % | 14.32% | 13.53% | 14.21% | 0.65% | 26.71% | 27.6% | 24.12% | 23.61% | 21.43% |
| Operating Income Growth % | 32.02% | 3.34% | 33.01% | -96.98% | 6210.76% | 9.01% | -8.09% | 2.88% | -5.49% |
| EBITDA | 561.32M | 585.26M | 749.14M | 295.29M | 1.17B | 1.24B | 1.16B | 1.2B | 1.18B |
| EBITDA Margin % | 23.38% | 22.28% | 22.52% | 13.55% | 34.66% | 34.86% | 30.99% | 30.65% | 28.82% |
| EBITDA Growth % | 22.93% | 4.26% | 28% | -60.58% | 295.5% | 6.12% | -6.52% | 3.95% | -2.07% |
| D&A (Non-Cash Add-back) | 217.52M | 229.98M | 276.57M | 281.03M | 267.79M | 258.18M | 256.78M | 276.64M | 302.71M |
| EBIT | 344.22M | 359.22M | 439.59M | 59.47M | 803.38M | 980.05M | 924.15M | 929.41M | 2.49B |
| Net Interest Income | -171.29M | -200.47M | -235.61M | -228.58M | -197.62M | -129.72M | -147.36M | -175.78M | -152.82M |
| Interest Income | 1.82M | 3.72M | 1.86M | 1.9M | 1.82M | 21.53M | 23.89M | 1.63M | 4.83M |
| Interest Expense | 173.11M | 204.19M | 237.47M | 230.48M | 199.44M | 151.25M | 171.25M | 177.41M | 157.64M |
| Other Income/Expense | -172.69M | -200.25M | -270.44M | -185.28M | -296.17M | -152.42M | -148.92M | -175.77M | 1.45B |
| Pretax Income | 171.11M▲ 0% | 155.03M▼ 9.4% | 202.13M▲ 30.4% | -171.01M▼ 184.6% | 603.94M▲ 453.2% | 828.81M▲ 37.2% | 752.91M▼ 9.2% | 752M▼ 0.1% | 2.33B▲ 209.8% |
| Pretax Margin % | 7.13% | 5.9% | 6.08% | -7.85% | 17.92% | 23.31% | 20.14% | 19.13% | 56.93% |
| Income Tax | 3.12M | 40.33M | 44.49M | -36.31M | 140.09M | 189.43M | 132.88M | 174.05M | 490.77M |
| Effective Tax Rate % | 1.82% | 26.01% | 22.01% | 21.23% | 23.2% | 22.86% | 17.65% | 23.14% | 21.07% |
| Net Income | 189.39M▲ 0% | 115.05M▼ 39.3% | 157.64M▲ 37.0% | -134.7M▼ 185.5% | 463.85M▲ 444.4% | 639.38M▲ 37.8% | 620.02M▼ 3.0% | 577.95M▼ 6.8% | 1.84B▲ 218.9% |
| Net Margin % | 7.89% | 4.38% | 4.74% | -6.18% | 13.76% | 17.98% | 16.58% | 14.71% | 45.05% |
| Net Income Growth % | -54.69% | -39.25% | 37.02% | -185.45% | 444.35% | 37.84% | -3.03% | -6.79% | 218.93% |
| Net Income (Continuing) | 168M | 114.7M | 157.64M | -134.7M | 463.85M | 639.38M | 620.02M | 577.95M | 1.84B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -617K |
| EPS (Diluted) | 1.64▲ 0% | 1.00▼ 39.0% | 1.38▲ 38.0% | -1.19▼ 186.2% | 4.07▲ 442.0% | 5.87▲ 44.2% | 6.12▲ 4.3% | 6.19▲ 1.1% | 22.56▲ 264.5% |
| EPS Growth % | -54.82% | -39.02% | 38% | -186.23% | 442.02% | 44.23% | 4.26% | 1.14% | 264.46% |
| EPS (Basic) | 1.65 | 1.01 | 1.39 | -1.19 | 4.07 | 5.87 | 6.12 | 6.19 | 22.56 |
| Diluted Shares Outstanding | 115.63M | 115.07M | 113.95M | 113.52M | 114.1M | 109M | 101.37M | 93.35M | 81.72M |
| Basic Shares Outstanding | 114.96M | 114.4M | 113.47M | 113.52M | 113.87M | 108.89M | 101.33M | 93.31M | 81.71M |
| Dividend Payout Ratio | 5.96% | 21.5% | 18.36% | - | - | 7.53% | 10.26% | 10.84% | 3.16% |
BYD Balance Sheet
Boyd Gaming Corporation (BYD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 328.66M | 399.75M | 399.49M | 650.28M | 507.8M | 478.23M | 529.32M | 561.51M | 530.73M |
| Cash & Short-Term Investments | 203.1M | 249.42M | 249.98M | 519.18M | 344.56M | 283.47M | 304.27M | 316.69M | 353.41M |
| Cash Only | 203.1M | 249.42M | 249.98M | 519.18M | 344.56M | 283.47M | 304.27M | 316.69M | 353.41M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 800K |
| Accounts Receivable | 45.51M | 60.14M | 60.46M | 53.46M | 89.48M | 111.61M | 141.4M | 162.28M | 84.35M |
| Days Sales Outstanding | 6.92 | 8.36 | 6.64 | 8.96 | 9.69 | 11.46 | 13.81 | 15.07 | 7.52 |
| Inventory | 18M | 20.59M | 22.1M | 22.62M | 20.09M | 22.17M | 20.69M | 21.23M | 20.19M |
| Days Inventory Outstanding | 5.2 | 5.48 | 4.65 | 7.96 | 5.12 | 5.17 | 4.39 | 4.12 | 3.11 |
| Other Current Assets | 24.18M | 23.79M | 20.47M | 15.82M | 12.57M | 60.97M | 62.95M | 61.31M | 72.77M |
| Total Non-Current Assets | 4.36B | 5.36B | 6.25B | 5.91B | 5.72B | 5.83B | 5.74B | 5.83B | 6.32B |
| Property, Plant & Equipment | 2.54B | 2.72B | 3.61B | 3.45B | 3.28B | 3.22B | 3.34B | 3.41B | 3.52B |
| Fixed Asset Turnover | 0.95x | 0.97x | 0.92x | 0.63x | 1.03x | 1.10x | 1.12x | 1.15x | 1.16x |
| Goodwill | 888.22M | 1.06B | 1.08B | 971.29M | 971.29M | 1.03B | 947.34M | 957.89M | 957.98M |
| Intangible Assets | 842.95M | 1.47B | 1.47B | 1.38B | 1.37B | 1.43B | 1.39B | 1.39B | 1.47B |
| Long-Term Investments | 17.8M | 15.8M | -162.69M | -131.05M | -264.91M | 13M | 12.6M | 11.8M | 11.5M |
| Other Non-Current Assets | 63.33M | 90.48M | 91.75M | 100.51M | 98.23M | -184.17M | 55.18M | 54.72M | 360.84M |
| Total Assets | 4.69B▲ 0% | 5.76B▲ 22.8% | 6.65B▲ 15.5% | 6.56B▼ 1.4% | 6.22B▼ 5.1% | 6.31B▲ 1.4% | 6.27B▼ 0.6% | 6.39B▲ 1.9% | 6.85B▲ 7.2% |
| Asset Turnover | 0.51x | 0.46x | 0.50x | 0.33x | 0.54x | 0.56x | 0.60x | 0.61x | 0.60x |
| Asset Growth % | 0.33% | 22.84% | 15.53% | -1.37% | -5.1% | 1.4% | -0.6% | 1.89% | 7.22% |
| Total Current Liabilities | 385.47M | 469.7M | 556.89M | 524.02M | 557.04M | 586.13M | 596.32M | 622.68M | 979.22M |
| Accounts Payable | 106.32M | 111.17M | 91M | 96.86M | 102.03M | 129.95M | 124.67M | 131.26M | 151.29M |
| Days Payables Outstanding | 30.7 | 29.59 | 19.13 | 34.09 | 26 | 30.3 | 26.46 | 25.48 | 23.32 |
| Short-Term Debt | 23.98M | 24.18M | 26.99M | 30.74M | 41.67M | 44.27M | 44.27M | 44.01M | 111.84M |
| Deferred Revenue (Current) | 18.92M | 21.69M | 22.85M | 16.04M | 15.32M | 0 | 0 | 0 | 17.8M |
| Other Current Liabilities | -18.92M | -21.69M | -22.85M | -16.04M | -15.32M | 0 | 0 | 0 | 608.71M |
| Current Ratio | 0.85x | 0.85x | 0.72x | 1.24x | 0.91x | 0.82x | 0.89x | 0.90x | 0.54x |
| Quick Ratio | 0.81x | 0.81x | 0.68x | 1.20x | 0.88x | 0.78x | 0.85x | 0.87x | 0.52x |
| Cash Conversion Cycle | -18.59 | -15.75 | -7.85 | -17.17 | -11.19 | -13.67 | -8.26 | -6.29 | -12.69 |
| Total Non-Current Liabilities | 3.2B | 4.14B | 4.83B | 4.91B | 4.13B | 4.13B | 3.93B | 4.19B | 3.27B |
| Long-Term Debt | 3.05B | 3.96B | 3.74B | 3.87B | 2.99B | 3.01B | 2.87B | 3.13B | 2.6B |
| Capital Lease Obligations | 0 | 0 | 840.28M | 848.83M | 815.97M | 758.44M | 711.39M | 651.75M | 554.25M |
| Deferred Tax Liabilities | 86.66M | 121.26M | 162.69M | 131.05M | 264.91M | 318.61M | 288.83M | 346.92M | 602.35M |
| Other Non-Current Liabilities | 64.68M | 64.52M | 86.09M | 64.36M | 57.57M | 52.19M | 61.27M | 56.37M | -489.96M |
| Total Liabilities | 3.59B | 4.61B | 5.38B | 5.44B | 4.69B | 4.72B | 4.53B | 4.81B | 4.25B |
| Total Debt | 3.08B | 3.98B | 4.69B | 4.84B | 3.93B | 3.9B | 3.73B | 3.93B | 3.27B |
| Net Debt | 2.87B | 3.73B | 4.44B | 4.32B | 3.59B | 3.61B | 3.42B | 3.61B | 2.91B |
| Debt / Equity | 2.80x | 3.47x | 3.71x | 4.30x | 2.56x | 2.45x | 2.14x | 2.49x | 1.25x |
| Debt / EBITDA | 5.48x | 6.80x | 6.27x | 16.38x | 3.37x | 3.14x | 3.22x | 3.26x | 2.77x |
| Net Debt / EBITDA | 5.12x | 6.37x | 5.93x | 14.62x | 3.07x | 2.92x | 2.95x | 3.00x | 2.47x |
| Interest Coverage | 1.99x | 1.76x | 1.85x | 0.26x | 4.03x | 6.48x | 5.40x | 5.24x | 15.78x |
| Total Equity | 1.1B▲ 0% | 1.15B▲ 4.4% | 1.27B▲ 10.4% | 1.12B▼ 11.2% | 1.54B▲ 36.9% | 1.59B▲ 3.4% | 1.74B▲ 9.6% | 1.58B▼ 9.3% | 2.61B▲ 64.9% |
| Equity Growth % | 17.46% | 4.42% | 10.43% | -11.17% | 36.91% | 3.37% | 9.65% | -9.32% | 64.9% |
| Book Value per Share | 9.49 | 9.96 | 11.10 | 9.90 | 13.49 | 14.59 | 17.20 | 16.94 | 31.91 |
| Total Shareholders' Equity | 1.1B | 1.15B | 1.27B | 1.12B | 1.54B | 1.59B | 1.74B | 1.58B | 2.61B |
| Common Stock | 1.13M | 1.12M | 1.11M | 1.12M | 1.11M | 1.03M | 968K | 862K | 764K |
| Retained Earnings | 164.43M | 253.36M | 380.94M | 246.24M | 710.09M | 1.29B | 1.74B | 1.58B | 2.61B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -182K | -1.06M | -530K | 150K | -180K | -1.38M | -1.1M | -2.4M | -1.55M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -617K |
BYD Cash Flow Statement
Boyd Gaming Corporation (BYD) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 422.04M | 434.53M | 548.99M | 289.03M | 1.01B | 976.11M | 914.52M | 957.08M | 976.68M |
| Operating CF Margin % | 17.58% | 16.54% | 16.51% | 13.27% | 29.98% | 27.45% | 24.46% | 24.35% | 23.87% |
| Operating CF Growth % | 53.42% | 2.96% | 26.34% | -47.35% | 249.58% | -3.39% | -6.31% | 4.65% | 2.05% |
| Net Income | 168M | 114.7M | 157.64M | -134.7M | 463.85M | 639.38M | 620.02M | 577.95M | 1.84B |
| Depreciation & Amortization | 217.52M | 229.98M | 276.57M | 281.03M | 267.79M | 258.18M | 256.78M | 276.64M | 302.71M |
| Stock-Based Compensation | 17.41M | 25.38M | 25.2M | 9.2M | 37.77M | 34.07M | 32.38M | 29.67M | 0 |
| Deferred Taxes | 5.2M | 34.47M | 41.43M | -31.64M | 133.86M | 51.03M | -29.84M | 58.15M | -23.48M |
| Other Non-Cash Items | 7.85M | 11.1M | 78.34M | 234.46M | 170.48M | 95.36M | 161.7M | 114.89M | -1.5B |
| Working Capital Changes | 6.05M | 18.9M | -30.19M | -69.32M | -63.34M | -101.9M | -126.53M | -100.22M | 350.06M |
| Change in Receivables | -9.94M | -772K | -315K | 1.34M | -36.03M | -16.76M | -28.81M | 5.96M | 47.97M |
| Change in Inventory | 565K | 1.7M | -2.03M | -515K | 2.53M | -2.08M | 1.48M | -543K | 1.05M |
| Change in Payables | 13.22M | 18.49M | -1.05M | 0 | 0 | 0 | 0 | 0 | 373.73M |
| Cash from Investing | -189.77M | -1.13B | -231.43M | -171.18M | -129.58M | -422.31M | -264.33M | -433.91M | 1.04B |
| Capital Expenditures | -190.46M | -161.54M | -207.64M | -175.03M | -199.45M | -269.15M | -373.95M | -400.4M | -673.22M |
| CapEx % of Revenue | 7.93% | 6.15% | 6.24% | 8.03% | 5.92% | 7.57% | 10% | 10.19% | 16.45% |
| Acquisitions | -1.15M | -934.07M | -5.54M | -11.2M | 0 | -167.86M | 0 | -30.27M | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.84M | -39.23M | -18.26M | 15.05M | 69.87M | 14.71M | 109.62M | -3.25M | -41.96M |
| Cash from Financing | -215.34M | 746.24M | -320.31M | 146.7M | -1.06B | -615.85M | -637.25M | -509.5M | -1.98B |
| Debt Issued (Net) | -164.91M | 136.06M | -231.19M | 173.16M | -892.75M | 3.22M | -141.5M | 254M | -1.14B |
| Equity Issued (Net) | -31.93M | -59.57M | -28.05M | -11.12M | -80.78M | -541.64M | -412.65M | -685.85M | -778.32M |
| Dividends Paid | -11.29M | -24.73M | -28.95M | -7.81M | 0 | -48.16M | -63.61M | -62.66M | -58.17M |
| Share Repurchases | -31.93M | -59.57M | -28.05M | -11.12M | -80.78M | -541.64M | -412.65M | -685.85M | -778.32M |
| Other Financing | -7.21M | -5.52M | -32.13M | -7.53M | -85.17M | -29.27M | -19.48M | -14.99M | -6.2M |
| Net Change in Cash | 16.93M▲ 0% | 45.92M▲ 171.3% | -2.75M▼ 106.0% | 264.55M▲ 9706.1% | -177.87M▼ 167.2% | -62.06M▲ 65.1% | 12.87M▲ 120.7% | 13.43M▲ 4.4% | 37.4M▲ 178.4% |
| Free Cash Flow | 231.57M▲ 0% | 272.98M▲ 17.9% | 341.36M▲ 25.0% | 114M▼ 66.6% | 810.96M▲ 611.4% | 706.96M▼ 12.8% | 540.57M▼ 23.5% | 556.67M▲ 3.0% | 388.46M▼ 30.2% |
| FCF Margin % | 9.65% | 10.39% | 10.26% | 5.23% | 24.07% | 19.88% | 14.46% | 14.16% | 9.49% |
| FCF Growth % | 101.85% | 17.88% | 25.05% | -66.6% | 611.36% | -12.82% | -23.54% | 2.98% | -30.22% |
| FCF per Share | 2.00 | 2.37 | 3.00 | 1.00 | 7.11 | 6.49 | 5.33 | 5.96 | 4.75 |
| FCF Conversion (FCF/Net Income) | 2.23x | 3.78x | 3.48x | -2.15x | 2.18x | 1.53x | 1.47x | 1.66x | 0.53x |
| Interest Paid | 174.09M | 179.15M | 231.73M | 214.69M | 205.24M | 144.02M | 166.68M | 173.18M | 0 |
| Taxes Paid | 5.19M | 5.66M | 0 | 0 | 5.72M | 140.92M | 164.48M | 144.51M | 0 |
BYD Key Ratios
Boyd Gaming Corporation (BYD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 57.97% | 18.65% | 10.26% | 13.08% | -11.28% | 34.84% | 40.86% | 37.19% | 34.76% | 88% |
| Return on Invested Capital (ROIC) | 5.15% | 6.5% | 6.02% | 6.7% | 0.19% | 12.78% | 14.25% | 13.05% | 13.43% | 12.27% |
| Gross Margin | 46.03% | 47.35% | 47.79% | 47.8% | 52.39% | 57.49% | 55.98% | 53.99% | 52.16% | 42.14% |
| Net Margin | 19.01% | 7.89% | 4.38% | 4.74% | -6.18% | 13.76% | 17.98% | 16.58% | 14.71% | 45.05% |
| Debt / Equity | 3.46x | 2.80x | 3.47x | 3.71x | 4.30x | 2.56x | 2.45x | 2.14x | 2.49x | 1.25x |
| Interest Coverage | 1.04x | 1.99x | 1.76x | 1.85x | 0.26x | 4.03x | 6.48x | 5.40x | 5.24x | 15.78x |
| FCF Conversion | 0.66x | 2.23x | 3.78x | 3.48x | -2.15x | 2.18x | 1.53x | 1.47x | 1.66x | 0.53x |
| Revenue Growth | -0.01% | 9.16% | 9.41% | 26.63% | -34.5% | 54.69% | 5.51% | 5.15% | 5.13% | 4.12% |
BYD SEC Filings & Documents
Boyd Gaming Corporation (BYD) SEC filings — annual & quarterly reports (10-K, 10-Q)
BYD Frequently Asked Questions
Boyd Gaming Corporation (BYD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Boyd Gaming Corporation (BYD) reported $4.09B in revenue for fiscal year 2025. This represents a 427% increase from $775.9M in 1995.
Boyd Gaming Corporation (BYD) grew revenue by 4.1% over the past year. Growth has been modest.
Yes, Boyd Gaming Corporation (BYD) is profitable, generating $1.84B in net income for fiscal year 2025 (45.0% net margin).
Dividend & Returns
Yes, Boyd Gaming Corporation (BYD) pays a dividend with a yield of 0.84%. This makes it attractive for income-focused investors.
Boyd Gaming Corporation (BYD) has a return on equity (ROE) of 88.0%. This is excellent, indicating efficient use of shareholder capital.
Boyd Gaming Corporation (BYD) generated $388.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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