BOYD GAMING CORP
BYDNYSE
$87.72
↓ -2.3%Jul 17 close · end-of-day
Price
1Y↑ +8.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$6.7B
Enterprise Value
$8.6B
P/E
3.9
P/S
1.6
P/B
2.7
EV/EBITDA
8.3
PEG
0.1
FCF Yield
4.2%
Dividend Yield
0.8%
Revenue (TTM)
$4.1B
Net Income (TTM)
$1.8B
Free Cash Flow (TTM)
$281.1M
Gross Margin
—
Operating Margin
17.4%
Net Margin
44.8%
ROE
72.4%
ROIC
12.7%
Debt / Equity
0.9
Net Cash
-$1.9B
Return 1Y
+7.4%
Company profile
Boyd Gaming Corporation operates as a multi-jurisdictional gaming company. It operates through three segments: Las Vegas Locals, Downtown Las Vegas, and Midwest & South. As of December 31, 2021, the company operated 28 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania.
- CEO
- Keith E. Smith
- Sector
- Retail Trade
- Industry
- Restaurants, Hotels, Motels
- Employees
- 15,800
- Headquarters
- Nevada
- Website
- boydgaming.com
Management & directors
- Clinton UriChief Legal Off. & Secretary
- Smith KeithPresident and CEO
- Johnson Marianne BoydExecutive Chairman
- Thompson Stephen S.Chief Administrative Officer
- Hirsberg JoshCFO & Treasurer
- Nelson Lori M.SVP, Chief Accounting Officer
- Bogich TedChief Operating Officer
Roles derived from SEC Form 4 filings.
Earnings
BYD Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$997.4M↑ +0.6%
Diluted EPS$1.37↑ +4.6%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | $3.4B | $3.6B | $3.7B | $3.9B | $4.1B |
| Gross profit | — | — | — | — | — | — |
| Operating income | $14.3M | $900.1M | $981.2M | $901.8M | $927.8M | $748.4M |
| Net income | -$134.7M | $463.8M | $639.4M | $620.0M | $578.0M | $1.8B |
| Diluted EPS | -$1.19 | $4.07 | $5.87 | $6.12 | $6.19 | $22.56 |
| Operating cash flow | $289.0M | $1.0B | $976.1M | $914.5M | $957.1M | $976.7M |
| Free cash flow | $114.0M | $811.0M | $707.0M | $540.6M | $556.7M | $388.5M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 0.7% | 26.7% | 27.6% | 24.1% | 23.6% | 18.3% |
| Net margin | -6.2% | 13.8% | 18.0% | 16.6% | 14.7% | 45.0% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $967.5M | $961.2M | $1.0B | $991.6M | $1.0B | $1.0B | $1.1B | $997.4M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $227.1M | $220.0M | $261.3M | $199.9M | $242.4M | $139.8M | $166.4M | $164.0M |
| Net income | $139.8M | $131.1M | $170.5M | $111.4M | $151.5M | $1.4B | $140.4M | $105.5M |
| Diluted EPS | $1.47 | $1.43 | $1.89 | $1.31 | $1.84 | $17.81 | $1.60 | $1.37 |
| Operating cash flow | $213.1M | $231.2M | $262.1M | $256.4M | $205.0M | $240.0M | $275.3M | $134.3M |
| Free cash flow | $98.7M | $146.0M | $150.9M | $86.5M | $80.6M | $94.4M | $127.0M | -$20.8M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 23.5% | 22.9% | 25.1% | 20.2% | 23.4% | 13.9% | 15.7% | 16.4% |
| Net margin | 14.5% | 13.6% | 16.4% | 11.2% | 14.6% | 143.4% | 13.2% | 10.6% |
Company news
Jul 15, 2026
Jun 22, 2026
Jun 19, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-30 | JOHNSON MARIANNE BOYD | Tax withholding | 30,823 | $88.33 | $2.7M | filing |
| 2026-06-30 | JOHNSON MARIANNE BOYD | Award | 30,351 | $0.00 | $0.00 | filing |
| 2026-06-09 | Clinton Uri· Chief Legal Off. & Secretary | Sale | 3,468 | $87.69 | $304,108.92 | filing |
| 2026-06-03 | SMITH KEITH· President and CEO | Sale | 100,000 | $85.90 | $8.6M | filing |
| 2026-05-13 | SPADAFOR CHRISTINE J. | Sale | 1,237 | $80.91 | $100,085.67 | filing |
| 2026-05-07 | Bailey John Robert | Award | 2,347 | $0.00 | $0.00 | filing |
| 2026-05-07 | JOHNSON MARIANNE BOYD· Chairman | Award | 2,347 | $0.00 | $0.00 | filing |
| 2026-05-07 | SPADAFOR CHRISTINE J. | Award | 2,347 | $0.00 | $0.00 | filing |
| 2026-05-07 | BOYD WILLIAM R | Award | 2,347 | $0.00 | $0.00 | filing |
| 2026-05-07 | Hartmeier Michael A. | Award | 2,347 | $0.00 | $0.00 | filing |
| 2026-05-07 | Thoman A. Randall | Award | 2,347 | $0.00 | $0.00 | filing |
| 2026-05-07 | WHETSELL PAUL W | Award | 2,347 | $0.00 | $0.00 | filing |
| 2026-05-05 | JOHNSON MARIANNE BOYD· Chairman | Sale | 62,914 | $84.03 | $5.3M | filing |
| 2026-05-01 | JOHNSON MARIANNE BOYD· Chairman | Sale | 37,086 | $85.27 | $3.2M | filing |
| 2026-02-27 | Thompson Stephen S.· Chief Administrative Officer | Sale | 19,530 | $83.59 | $1.6M | filing |
| 2026-02-26 | Hirsberg Josh· CFO & Treasurer | Sale | 23,924 | $85.86 | $2.1M | filing |
| 2026-02-26 | Hirsberg Josh· CFO & Treasurer | Option exercise | 23,924 | $17.75 | $424,651.00 | filing |
| 2026-02-23 | SMITH KEITH· President and CEO | Award | 35,608 | $0.00 | $0.00 | filing |
| 2026-02-22 | SMITH KEITH· President and CEO | Tax withholding | 41,234 | $86.20 | $3.6M | filing |
| 2026-02-22 | Hirsberg Josh· CFO & Treasurer | Tax withholding | 16,918 | $86.20 | $1.5M | filing |
| 2026-02-22 | Thompson Stephen S.· Chief Administrative Officer | Tax withholding | 12,868 | $86.20 | $1.1M | filing |
| 2026-02-22 | Clinton Uri· General Counsel & Secretary | Tax withholding | 9,499 | $86.20 | $818,813.80 | filing |
| 2026-02-22 | JOHNSON MARIANNE BOYD· Executive Chairman | Tax withholding | 3,524 | $86.20 | $303,768.80 | filing |
| 2026-02-22 | Nelson Lori M.· SVP, Chief Accounting Officer | Tax withholding | 743 | $86.20 | $64,046.60 | filing |
| 2026-02-22 | SMITH KEITH· President and CEO | Award | 63,188 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.