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) Gross margin
Boyd Gaming Corporation's gross margin over the twelve months to 30 September 2026 was 49.1%, down 0.4 percentage points from fiscal 2025 (49.5%). Over the past ten years it has ranged from 45.9% (fiscal 2015) to 57.5% (fiscal 2021); the current reading is higher than 55% of that period. That is in line with the Resorts & Casinos industry median of 47.5% and above the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 49.5% | (2.62) |
| FY2024 | 52.2% | (1.83) |
| FY2023 | 54.0% | (1.99) |
| FY2022 | 56.0% | (1.51) |
| FY2021 | 57.5% | 5.10 |
| FY2020 | 52.4% | 4.59 |
| FY2019 | 47.8% | 0.01 |
| FY2018 | 47.8% | 0.44 |
| FY2017 | 47.4% | 1.32 |
| FY2016 | 46.0% | 0.17 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 49.1% | (1.15) |
| Jun 2026 | 50.3% | 0.95 |
| Mar 2026 | 49.3% | 1.54 |
| Dec 2025 | 47.8% | (0.81) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| VAC Marriott Vacations Worldwide Corporation compare | 90.9% |
| RRR Red Rock Resorts, Inc. compare | 58.9% |
| CZR Caesars Entertainment, Inc. compare | 53.0% |
| BYD Boyd Gaming Corporation | 49.1% |
| MGM MGM Resorts International compare | 43.6% |
| MTN Vail Resorts, Inc. compare | 41.3% |
| HGV Hilton Grand Vacations Inc. compare | 39.6% |
| PENN PENN Entertainment, Inc. compare | 0.00% |
| WYNN Wynn Resorts, Limited compare | 0.00% |
| Resorts & Casinos industry median | 47.5% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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