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Boyd Gaming BYD Operating margin

Operating margin at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
5.2%-3.1pp
Wynn Resorts logo
Wynn ResortsWYNN
15.5%+0.6pp
Las Vegas Sands logo
Las Vegas SandsLVS
22.7%+2.2pp
DraftKings Inc. logo
DraftKings Inc.DKNG
-5.6%-1.9pp
Flutter Entertainment logo
Flutter EntertainmentFLUT
-0.6%-7.4pp
Gaming and Leisure Properties logo
Gaming and Leisure PropertiesGLPI
78.8%+5.8pp

Other financials

Income statement

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Revenue$997.4M+0.6%
Operating income$164.0M-18.0%
Net income$105.5M-5.3%
EPS (diluted)$1.37+4.6%

Balance sheet

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Cash & equivalents$372.7M+19.7%
Total debt$2.9B-30.7%
Total equity$2.5B+88.0%
Total assets$6.6B+2.2%

Cash flow

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Operating cash flow$134.3M-47.6%
CapEx$155.2M-8.7%
Free cash flow-$20.8M-124%

Valuation

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Market cap$6.29B+13.9%
Enterprise value$8.84B-6.4%
P/E3.4×-6.6×
P/S1.5×+0.1×

Profitability

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Net margin44.8%+30.9pp
FCF margin6.9%-5.3pp

Returns & leverage

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Return on equity94.6%+59.0pp
Debt / equity1.2×-2.0×
Current ratio0.6×-0.2×

Where this comes from

Calculated from Boyd Gaming’s reported figures.

Based on trailing twelve months.

The official record: Boyd Gaming’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Boyd Gaming's operating margin?
Boyd Gaming (BYD) reported operating margin of 17.4% in Q1 2026.
How has Boyd Gaming's operating margin changed year-over-year?
Boyd Gaming's operating margin decreased by 24.2% year-over-year, from 22.9% to 17.4%.
What is the long-term trend for Boyd Gaming's operating margin?
Over 5 years (2020 to 2025), Boyd Gaming's operating margin has grown at a 94.6% compound annual growth rate (CAGR), from 0.7% to 18.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.