BOYD GAMING CORP (BYD)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue1,004,361,000$1,033,998,000$991,565,000$1,040,915,000$961,246,000$967,512,000$960,521,000$954,412,000$903,164,000$916,950,000$963,966,000$922,921,000$877,263,000$894,450,000$860,743,000$879,841,000$843,060,000$893,602,000$753,307,000$635,868,000$652,238,000$209,859,000$680,525,000$833,131,000$819,568,000$846,132,000$827,288,000$791,623,000$612,196,000$616,793,000$606,118,000$595,088,000$591,542,000$604,124,000$610,065,000$554,823,000$531,901,000$544,874,000$552,378,000$542,674,000$546,313,000$559,867,000$550,578,000$531,593,000$738,843,000$722,534,000$708,349,000$681,537,000$
QoQ%(2.87%)4.28%(4.74%)8.29%(.65%).73%.64%5.67%(1.50%)(4.88%)4.45%5.21%(1.92%)3.92%(2.17%)4.36%(5.66%)18.62%18.47%(2.51%)210.80%(69.16%)(18.32%)1.66%(3.14%)2.28%4.51%29.31%(.75%)1.76%1.85%.60%(2.08%)(.97%)9.96%4.31%(2.38%)(1.36%)1.79%(.67%)(2.42%)1.69%3.57%(28.05%)2.26%2.00%3.93%(7.72%)
YoY%4.49%6.87%3.23%9.06%6.43%5.51%(.36%)3.41%2.95%2.52%11.99%4.90%4.06%.10%14.26%38.37%29.26%325.81%10.70%(23.68%)(20.42%)(75.20%)(17.74%)5.24%33.87%37.18%36.49%33.03%3.49%2.10%(.65%)7.26%11.21%10.87%10.44%2.24%(2.64%)(2.68%).33%2.08%(26.06%)(22.51%)(22.27%)(22.00%).04%(2.20%)(3.70%)9.10%
Cost Of Revenue0$0$0$0$0$0$0$0$0$0$(34,371,000$)0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Gross Profit1,004,361,000$1,033,998,000$991,565,000$1,040,915,000$961,246,000$967,512,000$960,521,000$954,412,000$903,164,000$916,950,000$998,337,000$922,921,000$877,263,000$894,450,000$860,743,000$879,841,000$843,060,000$893,602,000$753,307,000$635,868,000$652,238,000$209,859,000$680,525,000$833,131,000$819,568,000$846,132,000$827,288,000$791,623,000$612,196,000$616,793,000$606,118,000$595,088,000$591,542,000$604,124,000$610,065,000$554,823,000$531,901,000$544,874,000$552,378,000$542,674,000$546,313,000$559,867,000$550,578,000$531,593,000$738,843,000$722,534,000$708,349,000$681,537,000$
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%103.57%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Expenses864,597,000$791,628,000$791,678,000$779,614,000$741,261,000$740,406,000$741,136,000$799,361,000$685,292,000$672,921,000$713,458,000$675,284,000$639,804,000$649,380,000$609,685,000$662,960,000$619,914,000$627,260,000$559,572,000$524,569,000$525,165,000$296,207,000$818,286,000$718,272,000$706,177,000$719,440,000$709,662,000$415,956,000$323,051,000$318,909,000$511,344,000$514,611,000$512,602,000$514,570,000$515,235,000$524,852,000$463,985,000$464,384,000$470,128,000$495,872,000$476,890,000$476,773,000$478,695,000$509,346,000$665,069,000$635,555,000$639,833,000$642,357,000$
Operating Income139,764,000$242,370,000$199,887,000$261,301,000$219,985,000$227,106,000$219,385,000$155,051,000$217,872,000$244,029,000$284,879,000$247,637,000$237,459,000$245,070,000$251,058,000$216,881,000$223,146,000$266,342,000$193,735,000$111,299,000$127,073,000$(86,348,000$)(137,761,000$)114,859,000$113,391,000$126,692,000$117,626,000$94,684,000$69,568,000$96,258,000$94,774,000$80,477,000$78,940,000$89,554,000$94,830,000$29,971,000$67,916,000$80,490,000$82,250,000$46,802,000$69,423,000$83,094,000$71,883,000$22,247,000$73,774,000$86,979,000$68,516,000$39,180,000$
Operating Margin13.92%23.44%20.16%25.10%22.89%23.47%22.84%16.25%24.12%26.61%29.55%26.83%27.07%27.40%29.17%24.65%26.47%29.81%25.72%17.50%19.48%(41.15%)(20.24%)13.79%13.84%14.97%14.22%11.96%11.36%15.61%15.64%13.52%13.35%14.82%15.54%5.40%12.77%14.77%14.89%8.62%12.71%14.84%13.06%4.19%9.99%12.04%9.67%5.75%
Interest Income1,501,000$1,263,000$808,000$384,000$392,000$403,000$446,000$1,441,000$1,585,000$2,715,000$18,145,000$18,554,000$2,073,000$483,000$420,000$413,000$442,000$455,000$509,000$424,000$468,000$569,000$439,000$502,000$434,000$816,000$106,000$553,000$2,189,000$522,000$457,000$451,000$452,000$455,000$460,000$455,000$1,050,000$959,000$497,000$462,000$460,000$465,000$471,000$467,000$466,000$470,000$476,000$368,000$
Interest Expenses42,309,000$42,314,000$42,352,000$42,715,000$43,866,000$41,124,000$36,001,000$36,466,000$37,658,000$41,250,000$45,171,000$55,131,000$57,890,000$57,044,000$62,387,000$59,208,000$51,845,000$55,241,000$59,661,000$61,233,000$61,330,000$60,300,000$54,670,000$44,959,000$44,259,000$43,397,000$43,309,000$42,728,000$43,674,000$42,537,000$55,203,000$61,887,000$53,065,000$53,966,000$56,558,000$57,131,000$56,935,000$3,841,000$75,420,000$75,296,000$75,503,000$77,377,000$
Income Before Tax1,842,036,000$193,112,000$152,151,000$216,041,000$173,980,000$184,510,000$177,472,000$113,211,000$177,135,000$203,507,000$259,054,000$225,844,000$203,361,000$188,828,000$210,773,000$145,307,000$178,256,000$145,954,000$134,422,000$93,780,000$69,718,000$(145,514,000$)(188,998,000$)25,808,000$53,809,000$66,222,000$56,287,000$34,825,000$17,071,000$51,845,000$51,291,000$37,517,000$35,903,000$46,344,000$51,349,000$(12,732,000$)(27,756,000$)19,078,000$29,178,000$(15,137,000$)10,709,000$(5,804,000$)18,307,000$(58,868,000$)(1,367,000$)10,579,000$(6,377,000$)(60,763,000$)
Tax Expenses403,200,000$42,758,000$41,269,000$45,535,000$42,852,000$44,665,000$40,999,000$20,606,000$41,902,000$11,053,000$59,323,000$53,160,000$46,359,000$42,065,000$47,845,000$35,525,000$40,082,000$32,225,000$32,261,000$10,493,000$31,602,000$(36,970,000$)(41,439,000$)1,512,000$14,404,000$17,738,000$10,836,000$11,958,000$5,234,000$13,247,000$9,892,000$(44,556,000$)12,746,000$18,652,000$16,273,000$(25,702,000$)(189,620,000$)7,771,000$7,618,000$(703,000$)3,694,000$6,586,000$(16,796,000$)(17,458,000$)1,961,000$5,241,000$4,848,000$6,828,000$
Net Income1,438,836,000$150,354,000$110,882,000$170,506,000$131,128,000$139,845,000$136,473,000$92,605,000$135,233,000$192,454,000$199,731,000$172,684,000$157,002,000$146,763,000$162,928,000$109,782,000$138,174,000$113,729,000$102,161,000$83,287,000$38,116,000$(108,544,000$)(147,559,000$)24,296,000$39,405,000$48,484,000$45,451,000$22,867,000$11,837,000$38,945,000$41,399,000$82,073,000$23,157,000$48,709,000$35,451,000$14,448,000$342,571,000$30,022,000$33,190,000$(6,869,000$)25,425,000$(6,425,000$)35,103,000$(32,423,000$)(3,328,000$)5,338,000$(11,225,000$)(67,591,000$)
Profit Margin143.26%14.54%11.18%16.38%13.64%14.45%14.21%9.70%14.97%20.99%20.72%18.71%17.90%16.41%18.93%12.48%16.39%12.73%13.56%13.10%5.84%(51.72%)(21.68%)2.92%4.81%5.73%5.49%2.89%1.93%6.31%6.83%13.79%3.92%8.06%5.81%2.60%64.41%5.51%6.01%(1.27%)4.65%(1.15%)6.38%(6.10%)(.45%).74%(1.59%)(9.92%)
TTM45.95%13.98%13.94%14.71%13.01%13.32%14.91%16.59%18.89%19.61%18.48%17.98%16.41%16.03%15.09%13.77%13.99%11.49%5.11%(6.18%)(8.15%)(7.57%)(1.11%)4.74%4.76%4.18%4.18%4.38%7.17%7.70%8.15%7.89%5.16%19.17%18.85%19.24%18.37%3.74%2.06%2.15%.99%(.30%).18%(1.54%)(2.69%)(3.79%)(3.77%)(3.75%)
Earnings to Minority(1,157,000$)(1,104,000$)(537,000$)(274,000$)2,228,000$0$0$0$0$0$11,777,000$4,669,000$(5,043,000$)(20,251,000$)
Earnings to Common Shareholders1,439,993,000$151,458,000$111,419,000$170,506,000$131,128,000$139,845,000$136,473,000$92,605,000$135,233,000$192,454,000$199,731,000$172,684,000$157,002,000$146,763,000$162,928,000$109,782,000$138,174,000$113,729,000$102,161,000$83,287,000$38,116,000$(108,544,000$)(147,559,000$)24,296,000$39,405,000$48,484,000$45,451,000$22,867,000$11,837,000$38,945,000$41,399,000$82,073,000$23,157,000$48,709,000$35,451,000$12,220,000$342,571,000$30,022,000$33,190,000$(6,869,000$)25,425,000$(6,425,000$)35,103,000$(32,423,000$)(15,105,000$)669,000$(6,182,000$)(47,340,000$)
QoQ%850.75%35.94%(34.65%)30.03%(6.23%)2.47%47.37%(31.52%)(29.73%)(3.64%)15.66%9.99%6.98%(9.92%)48.41%(20.55%)21.49%11.32%22.66%118.51%135.12%26.44%(707.34%)(38.34%)(18.73%)6.67%98.76%93.18%(69.61%)(5.93%)(49.56%)254.42%(52.46%)37.40%190.11%(96.43%)1,041.07%(9.55%)583.19%(127.02%)495.72%(118.30%)208.27%(114.65%)(2,357.85%)110.82%86.94%(27.03%)
YoY%998.16%8.30%(18.36%)84.12%(3.04%)(27.34%)(31.67%)(46.37%)(13.87%)31.13%22.59%57.30%13.63%29.05%59.48%31.81%262.51%204.78%169.23%242.80%(3.27%)(323.88%)(424.66%)6.25%232.90%24.49%9.79%(72.14%)(48.88%)(20.05%)16.78%571.63%(93.24%)62.24%6.81%277.90%1,247.38%567.27%(5.45%)78.81%268.32%(1,060.39%)667.83%31.51%59.47%(94.25%)15.13%94.74%
Earnings Per Share, Basic17.81$1,840.56$1.31$0.93$1.43$1,471.40$1.40$0.31$1,341.54$1,886.34$1.93$1.64$1.46$1.33$1.45$0.48$1.21$1.00$899.10$0.73$0.34$(0.96$)(1.30$)0.21$0.35$0.43$0.40$0.20$0.10$0.34$0.36$0.72$0.20$0.42$0.31$0.11$2.99$0.26$0.29$(0.06$)0.23$(0.06$)0.31$(0.29$)(0.14$)0.01$(0.06$)(0.43$)
Earnings Per Share, Diluted17.81$1,840.25$1.31$0.93$1.43$1,470.81$1.40$0.31$1,340.93$1,885.49$1.93$1.64$1.46$1.33$1.45$0.48$1.21$1.00$896.41$0.74$0.33$(0.96$)(1.30$)0.21$0.35$0.43$0.40$0.20$0.10$0.34$0.36$0.71$0.20$0.42$0.31$0.11$2.97$0.26$0.29$(0.06$)0.22$(0.06$)0.31$(0.30$)(0.14$)0.01$(0.06$)(0.43$)
Unlevered FCF Per Share, Basic1.17$979.35$1.02$0.82$1.59$1,038.46$1.65$0.41$1,253.32$1,037.14$1.80$1.44$1.83$1.55$1.67$0.76$2.06$1.95$1,594.78$0.84$1.30$(0.92$)(0.22$)0.82$0.97$0.56$0.66$0.42$0.61$0.54$0.81$0.52$0.79$0.38$0.33$0.00$0.45$0.35$0.40$0.35$0.50$0.51$0.36$0.13$0.48$0.42$0.35$(0.01$)
Unlevered FCF Per Share, Diluted1.17$979.19$1.02$0.82$1.59$1,038.04$1.65$0.41$1,252.75$1,036.67$1.79$1.44$1.83$1.55$1.67$0.76$2.06$1.94$1,590.01$0.84$1.30$(0.92$)(0.22$)0.81$0.97$0.56$0.66$0.42$0.61$0.54$0.80$0.52$0.78$0.38$0.32$0.00$0.45$0.35$0.39$0.34$0.50$0.51$0.36$0.13$0.48$0.41$0.35$(0.01$)
Average Shares, Basic80,860,00082,28985,119,000183,863,95891,863,00095,04297,434,000301,477,171100,804102,025103,620,000105,484,000107,743,000110,118,000112,195,000227,476,374114,095,000113,779,000113,626113,575,000113,520,000113,257,000113,708,000113,712,000113,526,000113,318,000113,340,000114,276,000114,410,000114,543,000114,375,000114,498,000114,836,000115,225,000115,269,000115,024,000114,567,000114,328,000114,109,000114,870,000112,608,000112,232,000111,446,000110,356,000109,923,000109,884,000109,753,000110,213,000
Average Shares, Diluted80,875,00082,30385,136,000183,928,92091,893,00095,08097,479,000301,617,079100,850102,071103,672,000105,559,000107,840,000110,259,000112,358,000227,974,033114,284,000114,040,000113,967113,233,000113,862,000113,257,000113,708,000114,151,000113,971,000113,795,000113,871,000114,842,000115,070,000115,218,000115,154,000115,186,000115,501,000115,923,000115,902,000115,609,000115,202,000115,077,000114,868,000116,739,000113,375,000112,232,000112,358,000109,427,000109,923,000110,813,000109,753,000109,178,000
EBIT1,842,036,000$193,112,000$152,151,000$216,041,000$173,980,000$184,510,000$219,781,000$155,525,000$219,487,000$246,222,000$302,920,000$266,968,000$239,362,000$225,294,000$248,431,000$186,557,000$223,427,000$201,085,000$192,312,000$150,824,000$132,105,000$(86,306,000$)(137,153,000$)81,049,000$113,470,000$127,455,000$117,617,000$95,125,000$71,741,000$96,804,000$95,550,000$80,914,000$79,212,000$89,072,000$95,023,000$29,805,000$27,447,000$80,965,000$82,243,000$38,829,000$67,267,000$51,327,000$75,242,000$(55,027,000$)74,053,000$85,875,000$69,126,000$16,614,000$
EBITDA1,915,785,000$263,097,000$220,374,000$293,746,000$244,324,000$250,187,000$282,694,000$223,728,000$284,284,000$308,442,000$364,480,000$330,956,000$304,318,000$292,051,000$310,909,000$255,012,000$291,013,000$268,364,000$256,779,000$226,357,000$201,425,000$(17,093,000$)(70,188,000$)157,222,000$178,562,000$195,506,000$184,870,000$165,217,000$126,429,000$150,727,000$146,826,000$136,708,000$134,413,000$141,635,000$148,987,000$82,200,000$75,375,000$129,215,000$129,896,000$90,696,000$118,612,000$103,291,000$127,184,000$(44,357,000$)140,221,000$151,773,000$135,305,000$85,669,000$