Boyd Gaming (BYD)

NYSE Consumer Discretionary Casinos & Gaming S&P MidCap 400

$76.57

-0.50 (-0.65%)

Close of Nov 06, 2026 · end-of-day data

Source: Boyd Gaming's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.20B	$2.40B	$2.63B	$3.33B	$2.18B	$3.37B	$3.56B	$3.74B	$3.93B	$4.09B
Selling, general & admin	$322.26M	$362.04M	$369.31M	$459.58M	$350.36M	$366.16M	$373.96M	$389.89M	$427.23M	$433.10M
Operating income	$260.41M	$343.80M	$355.28M	$472.57M	$14.26M	$900.10M	$981.22M	$901.83M	$927.78M	$748.41M
Interest expense	$212.69M	$173.11M	$204.19M	$237.47M	$230.48M	$199.44M	$151.25M	$171.25M	$177.41M	$157.64M
Pre-tax income	$7.77M	$171.11M	$155.03M	$202.13M	-$171.01M	$603.94M	$828.81M	$752.91M	$752.00M	$2.33B
Income tax	-$199.93M	$3.12M	$40.33M	$44.49M	-$36.31M	$140.09M	$189.43M	$132.88M	$174.05M	$490.77M
Net income	$420.23M	$189.39M	$115.05M	$157.64M	-$134.70M	$463.85M	$639.38M	$620.02M	$577.95M	$1.84B
EBITDA	$456.63M	$561.32M	$585.26M	$749.14M	$295.29M	$1.17B	$1.24B	$1.16B	$1.20B	$1.05B
EPS (basic)	$3.67	$1.65	$1.01	$1.39	$-1.19	$4.07	$5.87	$6.12	$6.19	$22.56
EPS (diluted)	$3.65	$1.64	$1.00	$1.38	$-1.19	$4.07	$5.87	$6.12	$6.19	$22.56
Diluted shares	115.19M	115.63M	115.07M	113.95M	113.52M	114.10M	109.00M	101.37M	93.35M	81.72M
Operating margin	11.8%	14.3%	13.5%	14.2%	0.7%	26.7%	27.6%	24.1%	23.6%	18.3%
Net margin	19.1%	7.9%	4.4%	4.7%	-6.2%	13.8%	18.0%	16.6%	14.7%	45.0%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$193.86M	$203.10M	$249.42M	$249.98M	$519.18M	$344.56M	$283.47M	$304.27M	$316.69M	$353.41M
Short-term investments	—	—	$500.00K	$600.00K	$600.00K	$600.00K	$700.00K	$700.00K	$800.00K	$800.00K
Receivables	$30.37M	$40.32M	$54.67M	$54.86M	$53.46M	$89.48M	$109.05M	$137.89M	$132.27M	$84.35M
Inventory	$18.57M	$18.00M	$20.59M	$22.10M	$22.62M	$20.09M	$22.17M	$20.69M	$21.23M	$20.19M
Total current assets	$307.95M	$328.66M	$399.75M	$399.49M	$650.28M	$507.80M	$478.23M	$529.32M	$561.51M	$530.73M
Goodwill	$826.48M	$888.22M	$1.06B	$1.08B	$971.29M	$971.29M	$1.03B	$947.34M	$957.89M	$957.98M
Total assets	$4.67B	$4.69B	$5.76B	$6.65B	$6.56B	$6.22B	$6.31B	$6.27B	$6.39B	$6.57B
Total current liabilities	$371.98M	$385.47M	$469.70M	$556.89M	$524.02M	$557.04M	$586.13M	$596.32M	$622.68M	$979.22M
Short-term debt	$30.34M	$23.98M	$24.18M	$26.99M	$30.74M	$41.67M	$44.27M	$44.27M	$44.01M	$0
Long-term debt	$3.20B	$3.05B	$3.96B	$3.74B	$3.87B	$2.99B	$3.01B	$2.87B	$3.13B	$2.05B
Total debt	$3.23B	$3.08B	$3.98B	$3.77B	$3.90B	$3.03B	$3.05B	$2.92B	$3.18B	$2.05B
Total liabilities	$3.74B	$3.59B	$4.61B	$5.38B	$5.44B	$4.69B	$4.72B	$4.53B	$4.81B	$3.97B
Shareholders' equity	$930.18M	$1.10B	$1.15B	$1.27B	$1.12B	$1.54B	$1.59B	$1.74B	$1.58B	$2.61B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$300.34M	$422.55M	$434.53M	$548.99M	$289.03M	$1.01B	$976.11M	$914.52M	$957.08M	$976.68M
Capital expenditures	$160.36M	$190.46M	$161.54M	$207.64M	$175.03M	$199.45M	$269.15M	$373.95M	$400.40M	$588.22M
Free cash flow	$139.98M	$232.09M	$272.98M	$341.36M	$114.00M	$810.96M	$706.96M	$540.57M	$556.67M	$388.46M
Investing cash flow	-$738.85M	-$226.02M	-$1.14B	-$231.43M	-$171.18M	-$129.58M	-$422.31M	-$264.33M	-$433.91M	$1.04B
Financing cash flow	-$99.25M	-$215.34M	$746.24M	-$320.31M	$146.70M	-$1.06B	-$615.85M	-$637.25M	-$509.50M	-$1.98B
Dividends paid	$0	$11.29M	$24.73M	$28.95M	$7.81M	$0	$48.16M	$63.61M	$62.66M	$58.17M
Share buybacks	—	$31.93M	$59.57M	$28.05M	$11.12M	$80.78M	$541.64M	$412.65M	$685.85M	$778.32M
Stock-based compensation	$15.52M	$17.41M	$25.38M	$25.20M	$9.20M	$37.77M	$34.07M	$32.38M	$29.67M	$32.15M
Depreciation & amortization	$196.23M	$217.52M	$229.98M	$276.57M	$281.03M	$267.79M	$258.18M	$256.78M	$276.64M	$302.71M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$954.41M	$960.52M	$967.51M	$961.25M	$1.04B	$991.57M	$1.03B	$1.00B	$1.06B	$997.36M	$1.03B	$990.46M
Selling, general & admin	$90.56M	$108.18M	$105.13M	$102.39M	$111.52M	$107.85M	$110.06M	$104.00M	$111.18M	$109.98M	$110.88M	$105.37M
Operating income	$155.05M	$219.38M	$227.11M	$219.99M	$261.30M	$199.89M	$242.37M	$139.76M	$166.38M	$163.99M	$200.70M	$194.90M
Interest expense	$42.31M	$42.31M	$42.95M	$46.21M	$45.94M	$48.44M	$50.57M	$33.26M	$25.37M	$28.45M	$31.42M	$33.78M
Pre-tax income	$113.21M	$177.47M	$184.51M	$173.98M	$216.04M	$152.15M	$193.11M	$1.84B	$142.37M	$137.01M	$170.56M	$162.29M
Income tax	$20.61M	$41.00M	$44.66M	$42.85M	$45.53M	$41.27M	$42.76M	$403.20M	$3.54M	$32.72M	$40.64M	$38.70M
Net income	$92.61M	$136.47M	$139.84M	$131.13M	$170.51M	$111.42M	$151.46M	$1.44B	$140.40M	$105.54M	$131.23M	$124.93M
EBITDA	$223.25M	$282.30M	$292.78M	$290.33M	$339.01M	$268.11M	$312.36M	$213.51M	$257.14M	$258.98M	$291.80M	$286.17M
EPS (basic)	$0.96	$1.40	$1.47	$1.43	$1.89	$1.31	$1.84	$17.81	$1.98	$1.37	$1.75	$1.71
EPS (diluted)	$0.96	$1.40	$1.47	$1.43	$1.89	$1.31	$1.84	$17.81	$1.98	$1.37	$1.75	$1.71
Diluted shares	101.27M	97.48M	95.08K	91.89M	-1.46M	85.14M	82.30M	80.88M	-1.04M	76.78M	74.82M	73.05M
Operating margin	16.2%	22.8%	23.5%	22.9%	25.1%	20.2%	23.4%	13.9%	15.7%	16.4%	19.4%	19.7%
Net margin	9.7%	14.2%	14.5%	13.6%	16.4%	11.2%	14.6%	143.4%	13.2%	10.6%	12.7%	12.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$304.27M	$283.55M	$280.78M	$286.28M	$316.69M	$311.50M	$320.11M	$319.07M	$353.41M	$372.72M	$322.71M	$297.18M
Short-term investments	$700.00K	—	—	—	$800.00K	—	—	—	$800.00K	$900.00K	$900.00K	$900.00K
Receivables	$137.89M	$118.90M	$109.74M	$103.47M	$132.27M	$109.95M	$115.40M	$82.22M	$84.35M	$78.75M	$78.80M	$86.48M
Inventory	$20.69M	$20.44M	$21.18M	$20.41M	$21.23M	$20.74M	$21.64M	$20.93M	$20.19M	$19.69M	$19.08M	$19.13M
Total current assets	$529.32M	$480.43M	$487.06M	$501.87M	$561.51M	$502.38M	$540.00M	$495.58M	$530.73M	$530.00M	$482.40M	$469.02M
Goodwill	$947.34M	$947.30M	$947.28M	$957.99M	$957.89M	$957.89M	$957.98M	$957.95M	$957.98M	$957.95M	$990.06M	$990.06M
Total assets	$6.27B	$6.23B	$6.26B	$6.30B	$6.39B	$6.47B	$6.56B	$6.51B	$6.57B	$6.61B	$6.68B	$6.66B
Total current liabilities	$596.32M	$600.39M	$589.10M	$610.52M	$622.68M	$630.33M	$628.78M	$963.38M	$979.22M	$882.96M	$623.37M	$1.43B
Short-term debt	$44.27M	$44.33M	$44.42M	$44.36M	$44.01M	$44.00M	$44.00M	$0	$0	—	—	$800.90M
Long-term debt	$2.87B	$2.82B	$2.92B	$3.02B	$3.13B	$3.47B	$3.52B	$1.89B	$2.05B	$2.27B	$2.61B	$1.87B
Total debt	$2.92B	$2.87B	$2.96B	$3.07B	$3.18B	$3.52B	$3.57B	$1.89B	$2.05B	$2.27B	$2.61B	$2.68B
Total liabilities	$4.53B	$4.47B	$4.55B	$4.67B	$4.81B	$5.12B	$5.17B	$3.85B	$3.97B	$4.08B	$4.18B	$4.21B
Shareholders' equity	$1.74B	$1.75B	$1.71B	$1.63B	$1.58B	$1.35B	$1.39B	$2.67B	$2.61B	$2.54B	$2.50B	$2.45B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$217.26M	$250.73M	$213.08M	$231.21M	$262.06M	$256.39M	$205.02M	$239.98M	$275.29M	$134.34M	-$23.53M	$202.60M
Capital expenditures	$94.93M	$89.64M	$114.39M	$85.19M	$111.18M	$169.89M	$124.43M	$145.57M	$148.33M	$155.18M	$141.93M	$158.91M
Free cash flow	$122.34M	$161.08M	$98.70M	$146.01M	$150.88M	$86.50M	$80.59M	$94.42M	$126.96M	-$20.84M	-$165.47M	$43.70M
Investing cash flow	-$64.74M	-$90.33M	-$115.19M	-$114.94M	-$113.45M	-$250.42M	-$125.46M	$1.61B	-$192.48M	-$156.19M	-$187.50M	-$104.01M
Financing cash flow	-$116.15M	-$180.19M	-$101.17M	-$110.86M	-$117.29M	-$10.53M	-$70.09M	-$1.85B	-$48.31M	$41.43M	$161.57M	-$123.31M
Dividends paid	$15.80M	$15.51M	$16.26M	$15.74M	$15.15M	$14.66M	$14.74M	$14.53M	$14.23M	$13.77M	$15.04M	$14.60M
Share buybacks	$100.00M	$105.50M	$175.69M	$202.03M	$202.63M	$328.00M	$105.00M	$160.01M	$185.32M	$155.04M	$156.02M	$163.94M
Stock-based compensation	$4.33M	$6.86M	$10.37M	$7.54M	$4.90M	$7.61M	$13.39M	$8.53M	$2.62M	$7.70M	$12.82M	$8.64M
Depreciation & amortization	$68.20M	$62.91M	$65.68M	$70.34M	$77.70M	$68.22M	$69.98M	$73.75M	$90.75M	$94.99M	$91.10M	$91.27M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.