Boyd Gaming Corporation (BYD)
NYSE: BYD · Real-Time Price · USD
80.24
+0.86 (1.08%)
Nov 5, 2025, 4:00 PM EST - Market closed

Boyd Gaming Statistics

Total Valuation

Boyd Gaming has a market cap or net worth of $6.27 billion. The enterprise value is $8.52 billion.

Market Cap6.27B
Enterprise Value 8.52B

Important Dates

The last earnings date was Thursday, October 23, 2025, after market close.

Earnings Date Oct 23, 2025
Ex-Dividend Date Sep 15, 2025

Share Statistics

Boyd Gaming has 78.12 million shares outstanding. The number of shares has decreased by -12.03% in one year.

Current Share Class 78.12M
Shares Outstanding 78.12M
Shares Change (YoY) -12.03%
Shares Change (QoQ) -1.74%
Owned by Insiders (%) 27.98%
Owned by Institutions (%) 76.21%
Float 54.19M

Valuation Ratios

The trailing PE ratio is 3.61 and the forward PE ratio is 10.62.

PE Ratio 3.61
Forward PE 10.62
PS Ratio 1.66
Forward PS 1.68
PB Ratio 2.37
P/TBV Ratio 19.12
P/FCF Ratio 15.20
P/OCF Ratio 6.51
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.93, with an EV/FCF ratio of 20.65.

EV / Earnings 4.55
EV / Sales 2.09
EV / EBITDA 6.93
EV / EBIT 9.02
EV / FCF 20.65

Financial Position

The company has a current ratio of 0.51, with a Debt / Equity ratio of 0.96.

Current Ratio 0.51
Quick Ratio 0.42
Debt / Equity 0.96
Debt / EBITDA 1.85
Debt / FCF 6.23
Interest Coverage 5.30

Financial Efficiency

Return on equity (ROE) is 87.02% and return on invested capital (ROIC) is 11.03%.

Return on Equity (ROE) 87.02%
Return on Assets (ROA) 9.21%
Return on Invested Capital (ROIC) 11.03%
Return on Capital Employed (ROCE) 17.01%
Revenue Per Employee $252,393
Profits Per Employee $116,150
Employee Count16,129
Asset Turnover 0.64
Inventory Turnover 77.72

Taxes

In the past 12 months, Boyd Gaming has paid $532.76 million in taxes.

Income Tax 532.76M
Effective Tax Rate 22.17%

Stock Price Statistics

The stock price has increased by +17.47% in the last 52 weeks. The beta is 1.25, so Boyd Gaming's price volatility has been higher than the market average.

Beta (5Y) 1.25
52-Week Price Change +17.47%
50-Day Moving Average 83.55
200-Day Moving Average 77.30
Relative Strength Index (RSI) 45.67
Average Volume (20 Days) 1,107,386

Short Selling Information

The latest short interest is 3.15 million, so 4.03% of the outstanding shares have been sold short.

Short Interest 3.15M
Short Previous Month 3.38M
Short % of Shares Out 4.03%
Short % of Float 5.81%
Short Ratio (days to cover) 3.85

Income Statement

In the last 12 months, Boyd Gaming had revenue of $4.07 billion and earned $1.87 billion in profits. Earnings per share was $22.22.

Revenue4.07B
Gross Profit 2.46B
Operating Income 944.07M
Pretax Income 2.40B
Net Income 1.87B
EBITDA 1.23B
EBIT 944.07M
Earnings Per Share (EPS) $22.22
Full Income Statement

Balance Sheet

The company has $319.87 million in cash and $2.57 billion in debt, giving a net cash position of -$2.25 billion or -$28.77 per share.

Cash & Cash Equivalents 319.87M
Total Debt 2.57B
Net Cash -2.25B
Net Cash Per Share -$28.77
Equity (Book Value) 2.67B
Book Value Per Share 33.90
Working Capital -467.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $963.45 million and capital expenditures -$551.07 million, giving a free cash flow of $412.39 million.

Operating Cash Flow 963.45M
Capital Expenditures -551.07M
Free Cash Flow 412.39M
FCF Per Share $5.28
Full Cash Flow Statement

Margins

Gross margin is 60.53%, with operating and profit margins of 23.19% and 46.02%.

Gross Margin 60.53%
Operating Margin 23.19%
Pretax Margin 59.04%
Profit Margin 46.02%
EBITDA Margin 30.19%
EBIT Margin 23.19%
FCF Margin 10.13%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 0.90%.

Dividend Per Share $0.72
Dividend Yield 0.90%
Dividend Growth (YoY) 5.97%
Years of Dividend Growth 5
Payout Ratio 3.20%
Buyback Yield 12.03%
Shareholder Yield 12.94%
Earnings Yield 29.89%
FCF Yield 6.58%
Dividend Details

Analyst Forecast

The average price target for Boyd Gaming is $89.50, which is 11.54% higher than the current price. The consensus rating is "Buy".

Price Target $89.50
Price Target Difference 11.54%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Boyd Gaming has an Altman Z-Score of 2.57 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.57
Piotroski F-Score 5