Boyd Gaming Corporation logo

Boyd Gaming Corporation (BYD)

Common Stock · Currency in USD · XNYS

Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. The Midwest and South hold the key number of entertainment properties and generate the majority of the company's revenue.

Company Info

SIC7011
Composite FIGIBBG000BHX9P6
CIK0000906553
IPOOct 22, 1993
Sectorhotels & motels

Highlights

Market Cap$6.31B
EPS$71.24
P/E Ratio1.10
Revenue$4.08B
Gross Profit$4.02B
Net Income$5.76B
Employees16,009
WSO75,304,423
Phone(702) 792-7200

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Boyd Gaming Corporation, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Boyd Gaming Corporation (BYD) has returned -1.87% so far this year and 40.20% over the past 12 months. Looking at the last ten years, BYD has achieved an annualized return of 14.92%, outperforming the Benchmark (SPY), which averaged 12.23% per year.

BYD

1M2.48%
6M-3.01%
YTD-1.87%
1Y40.20%
5Y5.67%
10Y14.92%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Boyd Gaming Corporation (BYD) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
2026-0.94%-1.61%1.13%1.71%
20255.25%1.59%-14.36%5.36%7.75%4.87%8.53%2.21%1.93%-9.58%6.99%2.88%
20242.19%3.36%2.97%-20.88%1.10%2.57%10.45%-1.56%8.75%7.14%6.35%-2.04%
202312.72%4.68%-1.28%8.07%-8.89%9.00%-1.66%-1.73%-9.55%-8.72%6.49%5.71%
2022-9.85%18.21%-7.14%-8.82%-3.47%-16.37%11.98%-0.82%-11.50%19.56%4.50%-11.25%
20214.76%28.59%-2.22%9.94%-4.15%-5.34%-8.18%6.82%2.33%-0.50%-8.59%9.83%
2020-1.22%-10.58%-46.41%22.27%33.62%-3.24%11.55%13.43%14.90%2.12%20.85%9.83%
201934.58%9.01%-9.16%3.45%-17.66%13.00%-2.79%-11.00%0.67%12.84%7.06%1.18%
201812.26%-10.43%-10.61%4.57%11.52%-8.43%9.53%-2.39%-6.93%-21.77%-6.48%-19.14%
2017-0.39%-7.39%10.16%2.95%11.06%-2.71%1.66%5.13%-1.55%13.21%8.21%9.91%
2016-8.90%0.48%-5.06%6.46%-0.51%0.61%-10.30%5.25%7.06%

Performance Indicators

The charts below present risk-adjusted performance metrics for Boyd Gaming Corporation (BYD) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00SPY: 0.92BYD: 0.98

Sortino ratio

-6.00-4.00-2.000.002.004.00SPY: 1.40BYD: 1.48

Omega ratio

0.501.001.502.00BYD: 1.19SPY: 1.22

Calmar ratio

0.002.004.006.00SPY: 1.20BYD: 1.98

Martin ratio

0.001.003.00BYD: 0.34SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of BYD compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Boyd Gaming Corporation volatility is 1.91%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)6.57B6.39B6.27B6.31B6.22B6.56B6.65B5.76B4.69B4.67B4.35B4.48B5.74B6.33B5.88B
Equity Attributable To Parent (USD)2.61B1.58B1.74B1.59B1.54B1.12B1.27B1.15B1.10B934.08M507.96M438.04M469.99M303.79M1.20B
Equity Attributable To Noncontrolling Interest (USD)-617.00K--------50.00K50.00K50.00K180.45M163.34M171.99M
Equity (USD)2.61B1.58B1.74B1.59B1.54B1.12B1.27B1.15B1.10B934.13M508.01M438.09M650.44M467.13M1.37B
Other Non-current Liabilities (USD)-1.01B-1.08B1.10B1.01B1.06B--------
Long-term Debt (USD)-3.18B-3.05B3.03B3.90B3.77B--------
Noncurrent Liabilities (USD)2.99B4.19B3.93B4.13B4.13B4.91B4.83B4.14B3.21B3.37B3.49B3.68B4.64B5.11B4.04B
Other Current Liabilities (USD)752.11M405.15M389.33M382.57M355.13M353.36M366.29M273.00M202.26M213.32M207.45M202.43M287.78M572.64M374.01M
Wages (USD)75.82M86.27M82.33M73.62M99.88M73.80M99.60M85.53M70.72M68.10M71.82M69.67M90.60M86.72M-
Accounts Payable (USD)151.29M131.26M124.67M129.95M102.03M96.86M91.00M111.17M106.32M84.09M75.80M85.09M75.48M91.21M98.02M
Current Liabilities (USD)979.22M622.69M596.32M586.13M557.04M524.02M556.89M469.70M379.30M365.50M355.07M357.20M453.86M750.56M472.02M
Liabilities (USD)3.97B4.81B4.53B4.72B4.69B5.44B5.38B4.61B3.58B3.74B3.84B4.04B5.09B5.87B4.51B
Other Non-current Assets (USD)1.70B1.76B1.81B2.01B1.95B2.00B2.11B1.17B974.54M875.68M978.27M1.02B830.78M1.23B1.42B
Intangible Assets (USD)1.47B1.39B1.39B1.43B1.37B1.38B1.47B1.47B842.95M881.95M890.05M934.25M1.07B1.12B574.02M
Fixed Assets (USD)2.87B2.68B2.54B2.39B2.39B2.53B2.67B2.72B2.54B2.61B2.23B2.29B3.51B3.62B3.54B
Noncurrent Assets (USD)6.04B5.83B5.74B5.83B5.72B5.91B6.25B5.36B4.36B4.36B4.09B4.24B5.41B5.98B5.54B
Other Current Assets (USD)510.54M540.27M508.62M456.06M487.71M627.66M377.39M379.16M310.66M289.38M241.77M226.79M314.96M336.98M325.40M
Inventory (USD)20.19M21.24M20.69M22.17M20.09M22.62M22.10M20.59M18.00M18.57M15.46M15.16M19.72M18.62M17.49M
Current Assets (USD)530.73M561.51M529.32M478.23M507.80M650.28M399.49M399.75M328.66M307.95M257.23M241.95M334.68M355.59M342.89M
Assets (USD)6.57B6.39B6.27B6.31B6.22B6.56B6.65B5.76B4.69B4.67B4.35B4.48B5.74B6.33B5.88B

News and Insights

BOYD GAMING INCREASES QUARTERLY DIVIDEND TO $0.20 PER SHARE

Boyd Gaming Corporation announced that its Board of Directors has increased the quarterly dividend to $0.20 per share, up from $0.18 per share. The dividend is payable April 15, 2026, to shareholders of record as of March 16, 2026.

Benzinga faviconBenzingaPrnewswire
Casino Hotels Global Market Forecast Report 2026-2032 | How Casino Hotels are Redefining Value Amid Rising Expectations

The global casino hotel market is projected to grow from $213.09 billion in 2026 to $285.84 billion by 2032, with a CAGR of 4.9%. Growth is driven by digital transformation, personalized guest experiences, and ecosystem-centric business models. Regional strategies must adapt to local regulations and consumer preferences, while operators focus on digital innovation and supply chain resilience.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Researchandmarkets.Com
BOYD GAMING ANNOUNCES QUARTERLY DIVIDEND

Boyd Gaming Corporation declared a quarterly cash dividend of $0.18 per share, payable on January 15, 2026, to shareholders of record as of December 15, 2025.

Benzinga faviconBenzingaPrnewswire
This Fund Sold $39 Million of Boyd Gaming Stock While Exiting MGM and Downsizing United Parks Bets

New York-based investment fund HG Vora Capital Management sold its entire $39.1 million stake in Boyd Gaming during Q3, while also exiting MGM and reducing United Parks investments, signaling potential shifts in their leisure sector strategy.

The Motley Fool faviconThe Motley FoolJonathan Ponciano
Gaming And Leisure Properties Beats Q2

Gaming and Leisure Properties reported mixed Q2 2025 results with record non-GAAP earnings of $0.96 per share, but experienced a significant 27.2% drop in net income due to higher credit loss provisions and a pessimistic economic forecast.

The Motley Fool faviconThe Motley FoolJesterai
BOYD GAMING ANNOUNCES QUARTERLY DIVIDEND

Boyd Gaming Corporation announced a quarterly cash dividend of $0.18 per share, payable on July 15, 2025, to shareholders of record on June 16, 2025.

Benzinga faviconBenzingaPrnewswire
BOYD GAMING INCREASES QUARTERLY DIVIDEND TO $0.18 PER SHARE

Boyd Gaming Corporation has increased its quarterly dividend from $0.17 to $0.18 per share, payable on April 15, 2025 to shareholders of record on March 17, 2025.

Benzinga faviconBenzingaPrnewswire
BOYD GAMING ANNOUNCES ADDITIONAL $500 MILLION SHARE REPURCHASE AUTHORIZATION

Boyd Gaming Corporation announced an additional $500 million share repurchase authorization and a quarterly cash dividend of $0.17 per share.

Benzinga faviconBenzingaPrnewswire
Mattel To Report Q3 Earnings: Here's What To Expect From The Stock

Mattel is expected to report Q3 2024 earnings on October 23. The company's earnings and revenue are likely to decline due to soft sales in North America and higher costs. However, contributions from IP-driven toys and licensing partnerships may have aided performance.

Benzinga faviconBenzingaZacks