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BYD NYSE

Boyd Gaming Corporation
1W: +0.4% 1M: +3.9% 3M: -20.8% YTD: -16.6% 1Y: -8.5% 3Y: +23.5% 5Y: +13.9%
$71.88
-0.58 (-0.80%)
 
Weekly Expected Move ±3.8%
$66 $69 $72 $74 $77
NYSE · Consumer Cyclical · Gambling, Resorts & Casinos · Tech Score Buy · Power 63 · $5.2B mcap · 49M float · 2.06% daily turnover · Short 70% of daily vol
Credit Risk of going bust: lower than 71% of companies Debt: 38.4% of company value Bonds: $347.9M held by 165 funds, 119 bp over Treasuries → details ▾
Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.87 (down 97%), Boyd Gaming Corporation would be worth roughly what it owes.
Total debt $3.26B against a stock market value of $5.22B.
Distance to default 7.75 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.31B (short-term plus half of long-term), stock volatility 25.9%; Altman Z'' 2.44. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue
$4.1B +4.1% ▲
5Y CAGR: +13.4%
Gross Profit
$1.7B -15.9% ▼
5Y CAGR: +8.6%
Operating Income
$877M -5.5% ▼
5Y CAGR: +127.9%
Net Income
$1.8B +218.9% ▲
EPS (Diluted)
$22.56 +264.5% ▲
EBITDA
$2.8B +131.3% ▲
5Y CAGR: +52.3%

Profit Margins

Year-over-Year Growth

View Full Income Statement
Line ItemFY2021FY2022FY2023FY2024FY2025
Revenue$3.4B$3.6B$3.7B$3.9B$4.1B
YoY Growth+54.7%+5.5%+5.2%+5.1%+4.1%
Cost of Revenue$1.4B$1.6B$1.7B$1.9B$2.4B
Gross Profit$1.9B$2.0B$2.0B$2.0B$1.7B
Gross Margin57.5%56.0%54.0%52.2%42.1%
R&D Expenses$32M$0$0$29M$0
SG&A Expenses$471M$481M$498M$539M$669M
Operating Expenses$1.0B$1.0B$1.1B$1.1B$848M
Operating Income$900M$981M$902M$928M$877M
Operating Margin26.7%27.6%24.1%23.6%21.4%
Interest Expense$199M$151M$171M$177M$158M
Income Before Tax$604M$829M$753M$752M$2.3B
Tax Expense$140M$189M$133M$174M$491M
Net Income$464M$639M$620M$578M$1.8B
Net Margin13.8%18.0%16.6%14.7%45.0%
EPS (Diluted)$4.07$5.87$6.12$6.19$22.56
EBITDA$1.1B$1.2B$1.2B$1.2B$2.8B
Shares Outstanding114M109M101M93M82M

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms