BYDNYSEHotels & MotelsFiscal year ends December 31
BOYD GAMING CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$70.96+0.92 (+1.31%)
Close on Oct 19, 2026
- Market cap
- $5.31B
- P/E (TTM)
- 3.1
- Dividend yield
- 1.01%
Boyd Gaming statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Hotels & Motels companies for comparison
Valuation
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Market Cap | $5.16B | $3.24B |
| Enterprise Value | $7.44B | $6.32B |
| PE Ratio | 3.12 | 19.80 |
| PS Ratio | 1.26 | 1.40 |
| PB Ratio | 2.06 | 2.06 |
| P/TBV Ratio | 240.49 | 2.52 |
| P/FCF Ratio | 147.03 | 17.57 |
| P/OCF Ratio | 8.23 | 8.13 |
Enterprise value
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| EV / Sales | 1.82 | 1.97 |
| EV / EBITDA | 7.29 | 8.89 |
| EV / EBIT | 11.09 | 16.90 |
| EV / FCF | 212.26 | 32.19 |
Income (trailing twelve months)
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Revenue | $4.10B | $2.54B |
| Operating Income | $670.84M | $430.00M |
| Pretax Income | $2.29B | $232.50M |
| Net Income | $1.82B | $130.06M |
| EBITDA | $1.02B | $492.00M |
| EPS (Diluted) | $22.72 | $1.22 |
Margins
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Operating Margin | 16.4% | 11.6% |
| Pretax Margin | 55.9% | 4.89% |
| Profit Margin | 44.3% | 2.63% |
| EBITDA Margin | 24.9% | 18.6% |
| FCF Margin | 0.86% | 8.41% |
Returns
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Return on Equity (ROE) | 93.3% | 0.84% |
| Return on Assets (ROA) | 27.4% | 1.15% |
| Return on Invested Capital (ROIC) | 11.2% | 11.2% |
| Return on Capital Employed (ROCE) | 11.1% | 9.36% |
Growth
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 1.75% | 5.40% |
| Net Income Growth (YoY) | 221.9% | 2.27% |
| EPS Growth (YoY) | 249.5% | 8.92% |
| FCF Growth (YoY) | -92.4% | 20.3% |
| Revenue Growth (3Y CAGR) | 4.80% | 6.42% |
| Revenue Growth (5Y CAGR) | 13.4% | 22.8% |
| EPS Growth (3Y CAGR) | 56.6% | 3.00% |
Balance sheet
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $323.61M | $268.00M |
| Total Debt | $2.61B | $3.58B |
| Net Cash (Debt) | -$2.29B | -$1.94B |
| Net Cash Per Share | -$31.52 | -$14.04 |
| Equity (Book Value) | $2.50B | $480.00M |
| Book Value Per Share | $34.42 | $3.72 |
| Tangible Book Value | $21.44M | -$377.68M |
| Working Capital | -$140.97M | -$34.99M |
Financial position
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Current Ratio | 0.77 | 0.91 |
| Quick Ratio | 0.65 | 0.65 |
| Debt / Equity | 1.05 | 3.47 |
| Debt / EBITDA | 2.56 | 4.10 |
| Debt / FCF | 74.54 | 12.47 |
| Net Debt / EBITDA | 2.24 | 3.92 |
| Interest Coverage | 5.66 | 1.89 |
Cash flow (trailing twelve months)
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Operating Cash Flow | $626.07M | $443.00M |
| Capital Expenditures | -$591.01M | -$103.00M |
| Free Cash Flow | $35.06M | $323.00M |
| FCF Per Share | $0.48 | $4.17 |
Efficiency
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Asset Turnover | 0.62 | 0.57 |
| Revenue Per Employee | $255.99K | $273.30K |
| Profits Per Employee | $113.51K | $6.77K |
| Employee Count | 16,009 | 7,459 |
Dividends and yields
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Earnings Yield | 35.2% | 2.03% |
| FCF Yield | 0.68% | 4.68% |
| Dividend Yield | 1.01% | 1.60% |
| Buyback Yield | 12.7% | 4.08% |
| Shareholder Yield | 13.7% | 6.13% |
| Dividend Per Share | $0.72 | $1.00 |
| Dividend Growth (YoY) | 5.88% | 5.88% |
| Years of Dividend Growth | 3 | 3 |
| Payout Ratio | 3.17% | 35.6% |
| FCF Payout Ratio | 164.2% | 31.0% |
Shares
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Shares Outstanding | 72,655,400 | 102,737,000 |
| Shares Change (YoY) | -10.7% | -4.52% |
| Shares Change (QoQ) | -2.30% | -0.39% |
| Float | 63,627,700 | 84,034,200 |
| Shares Held by Insiders | 12.4% | 13.5% |
| Shares Held by Institutions | 74.9% | 73.6% |
Taxes
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Income Tax | $480.09M | $30.22M |
| Effective Tax Rate | 20.9% | 23.7% |
Scores
| Measure | Boyd Gaming | Industry median |
|---|---|---|
| Graham Number | $132.64 | $21.18 |
| Graham Upside | 86.9% | -73.8% |
| Altman Z-Score | 2.18 | 0.81 |
| Piotroski F-Score | 6 | 6 |
Calculated by StockData from Boyd Gaming's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.