stockrowBoyd Gaming Corporation
BYD Consumer Cyclical Resorts & Casinos
Boyd Gaming Corporation’s revenue for fiscal 2025 (year ended December 2025) was $4.1 billion, up 4.12% from fiscal 2024.
- Revenue
- −1.38%
- EPS
- −90.4%
- Free cash flow
- +6.74%
- Total debt
- +41.4%
Quarter to September 2026, against a year earlier
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Boyd Gaming Corporation (BYD) Debt to equity
Boyd Gaming Corporation's debt to equity at the end of the quarter to 30 September 2026 was 1.1×, up 0.3× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.8× (fiscal 2025) to 6.4× (fiscal 2015) — the current reading is the lowest in ten years. That is above the Resorts & Casinos industry median of 0.1× and above the Consumer Cyclical sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.8× | (60.95%) |
| FY2024 | 2.0× | 20.16% |
| FY2023 | 1.7× | (12.81%) |
| FY2022 | 1.9× | (2.70%) |
| FY2021 | 2.0× | (43.18%) |
| FY2020 | 3.5× | 16.50% |
| FY2019 | 3.0× | (14.30%) |
| FY2018 | 3.5× | 23.89% |
| FY2017 | 2.8× | (18.91%) |
| FY2016 | 3.5× | (46.28%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.1× | 4.52% |
| Jun 2026 | 1.0× | 16.76% |
| Mar 2026 | 0.9× | 14.28% |
| Dec 2025 | 0.8× | 10.56% |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| WYNN Wynn Resorts, Limited compare | −10.9× |
| PENN PENN Entertainment, Inc. compare | 0.0× |
| RRR Red Rock Resorts, Inc. compare | 0.1× |
| BYD Boyd Gaming Corporation | 1.1× |
| MGM MGM Resorts International compare | 1.7× |
| VAC Marriott Vacations Worldwide Corporation compare | 2.5× |
| HGV Hilton Grand Vacations Inc. compare | 5.3× |
| MTN Vail Resorts, Inc. compare | 5.7× |
| CZR Caesars Entertainment, Inc. compare | 7.2× |
| Resorts & Casinos industry median | 0.1× |
| Consumer Cyclical sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on BYD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement