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Boyd Gaming

BYD

Boyd Gaming Corporation is a leading multi-jurisdictional gaming and hospitality company that operates a diverse portfolio of brick-and-mortar entertainment properties and digital gaming platforms.

Market cap
$6.78B-3.9%
Revenue$4.1B+1.8%
Net income$1.8B+222%
EPS (diluted)$22.91+254%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$1.0B
EPS estimate$1.74

Financials

Q2 2026

Income statement

See full
Revenue$1.0B0.0%
Operating income$200.7M-17.2%
Net income$131.2M-13.4%
EPS (diluted)$1.75-4.9%

Valuation & ratios

Valuation

See full
Market cap$6.78B-3.9%
Enterprise value$9.33B
P/E3.7×-8.6×
P/S1.7×-0.1×

Profitability

See full
Operating margin16.4%-6.6pp
Net margin44.3%+30.3pp

Segments

By product

See full
Online$158.2M-8.6%
Food And Beverage$77.7M-0.6%

By segment

See full
Las Vegas Locals$225.9M-1.4%

Competitors

Profile

Boyd Gaming Corporation is a leading multi-jurisdictional gaming and hospitality company that operates a diverse portfolio of brick-and-mortar entertainment properties and digital gaming platforms. The company focuses on maximizing gaming revenues and fostering long-term customer loyalty through its proprietary rewards program and specialized niche marketing. Its value proposition centers on geographically diversified operations and a robust integrated resort model that combines gaming, lodging, and dining.

Competitive position

A leading regional gaming operator with a dominant position in the Las Vegas locals market and a unique competitive advantage in the Hawaiian tourist niche.

GeographiesUnited States, Canada
Customer segmentsLocal gaming residents, Regional leisure travelers, Niche geographic tourists, Digital sports bettors
Business modelBrick-and-mortar retail gaming, B2C Online Casino, B2B Technology Licensing, Management Services, Loyalty-driven marketing
SuppliersGaming equipment manufacturers, Real estate investment trusts, Food and beverage wholesalers, Technology and software providers
CustomersRetail casino patrons, Online gaming users, Tribal gaming authorities, B2B platform licensees
Listed1993
Employees16.1K
CEOKeith E. Smith
FilingsSEC EDGAR

Questions, answered.

What is Boyd Gaming's market cap?
Boyd Gaming (BYD) has a market capitalization of $6.8B and trades on NYSE.
What is Boyd Gaming's revenue and profitability?
Boyd Gaming generated $4.1B in trailing twelve-month revenue with net income of $1.8B, representing a net margin of 44.3%. These figures are based on the Q2 2026 filing.
Who are Boyd Gaming's competitors?
Boyd Gaming's key competitors include Penn Entertainment, Caesars Entertainment, Red Rock Resorts, and others. These companies compete in similar markets and product categories.
Who does Boyd Gaming partner with?
Boyd Gaming's notable partners include FanDuel, Gaming and Leisure Properties, Inc., Wilton Rancheria, and others.
What subsidiaries does Boyd Gaming have?
Boyd Gaming's subsidiaries include Boyd Interactive, Lattner Entertainment Group Illinois, LLC, Vacations Hawaii.
Where is Boyd Gaming headquartered?
Boyd Gaming is headquartered in United States of America and employs approximately 16,129 people. It has been publicly traded since 1993.