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Boyd Gaming BYD Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin17.4%-0.9pp18.3%-2.4pp20.7%-2.2pp22.9%0.0pp22.9%-0.7pp
Net margin44.8%-0.2pp45%-1.0pp46%+32.0pp14%+0.1pp14%-0.7pp
EBITDA margin25.4%-0.3pp25.7%-2.1pp27.8%-2.2pp30%0.0pp30%-0.6pp
Free cash flow margin6.9%-2.6pp9.5%-0.6pp10.1%-1.4pp11.5%-0.7pp12.2%-2.0pp
Returns
Return on equity94.6%+6.6pp88%+0.8pp87.2%+50.8pp36.4%+0.7pp35.6%+0.9pp
Return on assets28.1%-0.3pp28.4%-0.8pp29.2%+20.4pp8.8%+0.1pp8.7%-0.4pp
Return on invested capital10.9%-0.7pp11.6%-1.4pp13%-0.5pp13.5%+0.2pp13.3%-0.5pp
Efficiency
Asset turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Liquidity
Current ratio0.6×+0.1×0.5×0.0×0.5×-0.3×0.9×+0.1×0.8×-0.1×
Quick ratio0.6×+0.1×0.5×0.0×0.5×-0.3×0.8×+0.1×0.8×-0.1×
Cash ratio0.4×+0.1×0.4×0.0×0.3×-0.2×0.5×0.0×0.5×0.0×
Leverage
Debt-to-equity1.2×+0.1×+0.1×-2.1×3.1×-0.1×3.1×+0.6×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×-0.3×0.6×0.0×0.7×0.0×
Net debt / EBITDA2.4×+0.2×2.2×+0.3×-1.3×3.3×0.0×3.3×+0.3×
Interest coverage5.2×+0.4×4.7×0.0×4.7×-0.1×4.8×-0.1×4.9×-0.3×
Per Share
Book value per share$33.04+3.5%$31.92-3.2%$32.97+94.7%$16.93+6.8%$15.85-6.5%
Valuation
Market capitalization$6.19B-7.1%$6.66B-3.9%$6.93B+9.2%$6.35B+16.9%$5.43B-15.3%
Enterprise value$8.74B-3.1%$9.02B-1.8%$9.18B-10.8%$10.29B+10.2%$9.34B-6.9%
Price / earnings3.4×-0.2×3.6×-0.1×3.7×-7.5×11.2×+1.4×9.8×-1.3×
Price / sales1.5×-0.1×1.6×-0.1×1.7×+0.1×1.6×+0.2×1.4×-0.3×
Price / book2.4×-0.1×2.6×0.0×2.6×-2.0×4.6×+0.5×0.0×
EV / EBITDA8.4×-0.2×8.6×+0.5×8.1×-0.4×8.5×+0.7×7.8×-0.5×
EV / sales2.1×-0.1×2.2×-0.1×2.3×-0.3×2.6×+0.2×2.4×-0.2×
Free cash flow yield4.5%-1.3pp5.8%-0.1pp5.9%-1.4pp7.3%-1.6pp8.9%+0.2pp
Earnings yield29.7%+2.0pp27.7%+0.7pp27%+18.1pp8.9%-1.3pp10.2%+1.2pp
Dividend yield0.9%+0.1pp0.9%0.0pp0.9%-0.1pp0.9%-0.2pp1.1%+0.2pp
PEG ratio0.0×0.0×-0.9×0.9×

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Questions, answered.

Where do Boyd Gaming's ratios come from?
Every ratio is computed from Boyd Gaming's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.