Boyd Gaming (BYD) Stock & Financials
Data as of (550 days ago)|Source: SEC EDGAR
Boyd Gaming (BYD) is a casinos & gaming company. The company reports annual revenue of $4.1B and net income of $1.9B. Its profit margin is 46.0%.
What to check next
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Boyd Gaming Key Financials(TTM Est.)
Data from SEC EDGAR filings. TTM = Trailing Twelve Months.
Boyd Gaming Financial Health ScoreFY2025
Moderate health; several metrics need attention
+9 pts YoYThis Financial Health Score is a proprietary metric calculated from SEC EDGAR filings for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any security. Results vary significantly by industry. Conduct your own research before making investment decisions.
Data Highlights
- Strong profit margin: 46.0%
- Low earnings quality (accrual-heavy earnings)
- Strong return on equity: 70.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Boyd Gaming Recent Events
Source: SEC EDGAR 8-K Filings
5-Year Revenue & Net Income Trend
Chart shows fiscal year data from SEC EDGAR filings. Hover over data points for details.
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026
About Boyd Gaming
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
- Industry
- Casinos & Gaming
Valuation
Valuation Data UnavailablePrice-based valuation metrics (P/E, P/B) require real-time stock price data which is not included in SEC filings.
Benjamin Graham: Graham recommended P/E ratio not exceed 15 for reasonable valuation. Understanding valuation metrics
Profitability
Above-Average Marginsvs 39.0% sector median / 35.3% avg
Generates $70.2 in profit for every $100 of shareholder equity. Higher than 71% in Consumer Discretionary.
vs 8.5% sector median / 9.8% avg
Keeps 46 cents of every dollar in revenue as profit. Higher than 90% in Consumer Discretionary.
3rd consecutive year of revenue growth.
* Some quarterly data is missing. Values are calculated based on annual report figures.
Profit margin 370% above sector average.
Warren Buffett: Buffett looks for consistent ROE above 20% as a sign of competitive advantage. How to evaluate profitability
Financial Health
Moderate Leveragevs 3.15 sector median / 5.22 avg
Carries $0.71 in debt for every $1 of equity. Lower debt than 100% in Consumer Discretionary. Debt levels have been declining over the past 5 years.
Debt-to-equity ratio of 0.71. Debt is 86% below sector average.
Peter Lynch: Lynch: normal balance sheet has 75% equity, 25% debt. Understanding financial health
Dividend
Dividend Data UnavailableDividend yield data is not available from SEC filings. Check the company's investor relations page for dividend information.
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026
Boyd Gaming 10-Year Revenue, Profit & Cash Flow History
Net income reached a record high of $1.8B in FY2025.
Annual Financials
FY2025 - FY2016| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.1B(+4.1%) | $3.9B(+5.1%) | $3.7B(+5.2%) | $3.6B | - | - | - | $606.1M(-74.8%) | $2.4B(+9.2%) | $2.2B(-0.0%) |
| Net Income | $1.8B(+218.9%) | $578.0M(-6.8%) | $620.0M(-3.0%) | $639.4M(+37.8%) | $463.8M(+444.4%) | $-134,700,000(-185.5%) | $157.6M(+37.0%) | $115.0M(-39.3%) | $189.4M(-54.9%) | $420.2M(+789.7%) |
| Total Assets | $6.6B | $6.4B | $6.3B | $6.3B | $6.2B | $6.6B | $6.7B | $5.8B | $4.7B | $4.7B |
| Total Debt | $2.0B | $3.2B | $2.9B | $3.0B | $3.0B | $3.9B | $3.8B | $4.0B | $3.1B | $3.2B |
| Total Equity | $2.6B | $1.6B | $1.7B | $1.6B | $1.5B | $1.1B | $1.3B | $1.1B | $1.1B | $930.2M |
| Profit Margin | 45.1% | 14.7% | 16.6% | 18.0% | - | - | - | 19.0% | 7.9% | 19.1% |
| ROE | 70.7% | 36.5% | 35.5% | 40.2% | 30.1% | -12.0% | 12.5% | 10.0% | 17.3% | 45.2% |
| ROA | 28.0% | 9.0% | 9.9% | 10.1% | 7.4% | -2.1% | 2.4% | 2.0% | 4.0% | 9.0% |
Quarterly Financials
Last 8 quarters| Metric | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $991.6M | $1.0B | $1.0B | $991.6M | $961.2M | $967.5M | $960.5M | - |
| Net Income | $111.4M | $1.4B | $150.4M | $110.9M | $131.1M | $139.8M | $136.5M | $135.2M |
| Total Assets | $6.6B | $6.5B | $6.6B | $6.5B | $6.3B | $6.3B | $6.2B | $6.3B |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026
Insider Trading
Source: SEC EDGAR Form 4 filings. Only purchase (P) and sale (S) transactions shown.
Boyd Gaming Dividend Safety Analysis & Growth History
Dividend Status
Dividend PayerThis company pays dividends. Historical dividend data shown below.
Annual Dividends
2017 - 2019| Metric | 2017 | 2018 | 2019 |
|---|---|---|---|
| Dividend/Share | $0.15 | $0.23 | $0.06 |
| YoY Growth | - | +53.3% | -73.9% |
| Payments | 3 | 4 | 1 |
| Increased | - | Yes | No |
Learn more:Dividend investing guideHow to evaluate dividend safety
As of FY2025 · SEC XBRL dividend facts · Last checked Jun 30, 2026
Boyd Gaming Free Cash Flow & Dividend Coverage
Generates approximately $1M in free cash flow per day.
Cash Flow History
FY2016 - FY2025| Metric | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | $300.3M | $422.6M | $434.5M | $549.0M | $289.0M | $1.0B | $976.1M | $914.5M | $957.1M | $976.7M |
| CapEx | -$160.4M | -$190.5M | -$161.5M | -$207.6M | -$175.0M | -$199.5M | -$269.2M | -$373.9M | -$400.4M | -$588.2M |
| Free Cash Flow | $140.0M | $232.1M | $273.0M | $341.4M | $114.0M | $811.0M | $707.0M | $540.6M | $556.7M | $388.5M |
| FCF Margin | 6.4% | 9.7% | 45.0% | - | - | - | 19.9% | 14.5% | 14.2% | 9.5% |
Source: SEC EDGAR 10-K filings. FCF = Operating Cash Flow - Capital Expenditures. Free cash flow guide
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026
Boyd Gaming Risk Factors
Company-disclosed SEC risk factors
Risk factors are disclosed by the company in its SEC Form 10-K, Item 1A. Billiver does not classify or summarize company-specific legal, operational, financial, or market risks here.
Sector context: Consumer Discretionary. This is not a Billiver risk assessment for BYD.
Source note: the SEC Form 10-K includes Item 1A, "Risk Factors." The full risk-factor text should be read from the company’s own SEC filing.
Boyd Gaming FAQ
What is Boyd Gaming's annual revenue?
Boyd Gaming (BYD) reported $4.1 billion in trailing twelve-month (TTM) revenue. This financial data is compiled from SEC EDGAR 10-K filings.
Is Boyd Gaming profitable?
Yes, Boyd Gaming is profitable with a 46.0% net profit margin and $1.9 billion in net income (TTM). All figures from SEC EDGAR 10-K filings.
Does Boyd Gaming pay dividends?
Yes, Boyd Gaming pays regular dividends. View the full dividend history and payout analysis on this page.
What is Boyd Gaming's financial health score?
Boyd Gaming has a financial health score of 64/100 (Grade: C), evaluating profitability, solvency, liquidity, and growth based on SEC EDGAR data.
How many years of Boyd Gaming financial data are available?
10 years of financial data are available for Boyd Gaming from FY2016 to FY2025. All figures are compiled from SEC EDGAR 10-K filings.