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) Net margin
Boyd Gaming Corporation's net margin over the twelve months to 30 September 2026 was 12.3%, down 32.8 percentage points from fiscal 2025 (45.1%). Over the past ten years it has ranged from −6.18% (fiscal 2020) to 45.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Resorts & Casinos industry median of 3.87% and above the Consumer Cyclical sector median of 2.12%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 45.1% | 30.34 |
| FY2024 | 14.7% | (1.87) |
| FY2023 | 16.6% | (1.40) |
| FY2022 | 18.0% | 4.22 |
| FY2021 | 13.8% | 19.94 |
| FY2020 | −6.18% | (10.92) |
| FY2019 | 4.74% | 0.36 |
| FY2018 | 4.38% | (3.51) |
| FY2017 | 7.89% | (11.22) |
| FY2016 | 19.1% | 16.96 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 12.6% | (0.08) |
| Jun 2026 | 12.7% | 2.11 |
| Mar 2026 | 10.6% | (2.64) |
| Dec 2025 | 13.2% | (130.15) |
| 43 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| BYD Boyd Gaming Corporation | 12.3% |
| HGV Hilton Grand Vacations Inc. compare | 7.02% |
| RRR Red Rock Resorts, Inc. compare | 5.79% |
| MTN Vail Resorts, Inc. compare | 5.20% |
| WYNN Wynn Resorts, Limited compare | 5.20% |
| MGM MGM Resorts International compare | 3.87% |
| PENN PENN Entertainment, Inc. compare | −0.12% |
| CZR Caesars Entertainment, Inc. compare | −4.55% |
| VAC Marriott Vacations Worldwide Corporation compare | −4.75% |
| Resorts & Casinos industry median | 3.87% |
| Consumer Cyclical sector median | 2.12% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on BYD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- Altman Z-score
- Beneish M-score
- The full statement