Boyd 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

77.24 0.46 −0.59%
Market cap
$5.5B
P/E
11.7×
Fwd P/E
10.8×
Dividend yield
1.01%
F-score
6/9
Altman Z
2.53
Beneish M
−2.08
Dividend safety
70/100

Boyd Gaming Corporation (BYD) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Boyd Gaming Corporation (BYD) trades at a EV/EBITDA of 7.3×. Over the past ten years it has ranged from 5.8× (March 2020) to 29.8× (March 2021); the current reading is higher than 12% of that period. That is below the Resorts & Casinos industry median of 8.9× and below the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 8.2× 3.47%
FY2024 7.9× 2.07%
FY2023 7.8× 11.90%
FY2022 7.0× (19.16%)
FY2021 8.6× (62.09%)
FY2020 22.7× 149.60%
FY2019 9.1× (11.19%)
FY2018 10.2× (14.19%)
FY2017 11.9× 4.99%
FY2016 11.4× 6.43%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 6.6× (24.04%)
Jun 2026 8.6× 10.02%
Mar 2026 7.9× (4.32%)
Dec 2025 8.2× 8.91%
43 more quarters

Against its own ten years

Low 5.8× High 29.8×
Ten-year median 9.6×
Current reading's percentile 12

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on BYD