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) Free cash flow

Alert me on Free cash flow

Boyd Gaming Corporation's free cash flow for fiscal 2025 was $303.5M, down 45.5% from $556.7M in fiscal 2024. Over the twelve months to 30 September 2026 it was $41.1M. Over the past ten years it has ranged from $114.0M (fiscal 2020) to $811.0M (fiscal 2021); the current reading is higher than 55% of that period. Boyd Gaming Corporation ranks 13th of 17 Resorts & Casinos companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $303.5M (45.49%)
FY2024 $556.7M 2.98%
FY2023 $540.6M (23.54%)
FY2022 $707.0M (12.82%)
FY2021 $811.0M 611.36%
FY2020 $114.0M (66.60%)
FY2019 $341.4M 25.05%
FY2018 $273.0M 18.21%
FY2017 $230.9M 64.98%
FY2016 $140.0M (28.06%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $100.5M —
Jun 2026 −$165.5M —
Mar 2026 −$20.8M —
Dec 2025 $83.7M (11.04%)
43 more quarters

Against its own ten years

Low $114.0M High $811.0M
Ten-year median $303.5M
Current reading's percentile 55

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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