Boyd Gaming BYD Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 17.4%-5.5pp | 18.3%-5.3pp | 20.7%-0.7pp | 22.9%+1.3pp | 22.9%+0.5pp | |
| Net margin | 44.8%+30.9pp | 45%+30.3pp | 46%+33.0pp | 14%+0.7pp | 14%-0.9pp | |
| EBITDA margin | 25.4%-4.6pp | 25.7%-5.0pp | 27.8%-0.5pp | 30%+1.5pp | 30%+0.7pp | |
| Free cash flow margin | 6.9%-5.3pp | 9.5%-4.7pp | 10.1%-3.6pp | 11.5%-1.9pp | 12.2%-1.6pp | |
| Returns | ||||||
| Return on equity | 94.6%+59.0pp | 88%+53.2pp | 87.2%+57.8pp | 36.4%+7.2pp | 35.6%+3.0pp | |
| Return on assets | 28.1%+19.4pp | 28.4%+19.3pp | 29.2%+21.3pp | 8.8%+0.8pp | 8.7%-0.2pp | |
| Return on invested capital | 10.9%-2.4pp | 11.6%-2.1pp | 13%+0.7pp | 13.5%+1.2pp | 13.3%-0.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.6×-0.2× | 0.5×-0.4× | 0.5×-0.3× | 0.9×0.0× | 0.8×0.0× | |
| Quick ratio | 0.6×-0.2× | 0.5×-0.3× | 0.5×-0.3× | 0.8×0.0× | 0.8×0.0× | |
| Cash ratio | 0.4×-0.1× | 0.4×-0.1× | 0.3×-0.1× | 0.5×0.0× | 0.5×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1.2×-2.0× | 1×-1.4× | 1×-1.4× | 3.1×+0.9× | 3.1×+1.0× | |
| Debt-to-assets | 0.4×-0.2× | 0.4×-0.2× | 0.4×-0.2× | 0.6×+0.1× | 0.7×+0.1× | |
| Net debt / EBITDA | 2.4×-0.8× | 2.2×-0.8× | 2×-1.3× | 3.3×+0.1× | 3.3×+0.2× | |
| Interest coverage | 5.2×+0.2× | 4.7×-0.5× | 4.7×0.0× | 4.8×0.0× | 4.9×0.0× | |
| Per Share | ||||||
| Book value per share | $33.04+108% | $31.92+88.4% | $32.97+85.7% | $16.93-6.0% | $15.85-12.0% | |
| Valuation | ||||||
| Market capitalization | $6.19B+13.9% | $6.66B+3.9% | $6.93B+16.8% | $6.35B+21.5% | $5.43B-15.7% | |
| Enterprise value | $8.74B-6.4% | $9.02B-10.1% | $9.18B-3.2% | $10.29B+18.4% | $9.34B-5.0% | |
| Price / earnings | 3.4×-6.5× | 3.6×-7.5× | 3.7×-8.2× | 11.2×+0.9× | 9.8×-1.8× | |
| Price / sales | 1.5×+0.1× | 1.6×0.0× | 1.7×+0.2× | 1.6×+0.2× | 1.4×-0.4× | |
| Price / book | 2.4×-1.6× | 2.6×-1.5× | 2.6×-1.0× | 4.6×+1.5× | 4×+0.4× | |
| EV / EBITDA | 8.4×+0.5× | 8.6×+0.3× | 8.1×-0.6× | 8.5×+0.5× | 7.8×-1.1× | |
| EV / sales | 2.1×-0.2× | 2.2×-0.3× | 2.3×-0.2× | 2.6×+0.3× | 2.4×-0.3× | |
| Free cash flow yield | 4.5%-4.3pp | 5.8%-2.8pp | 5.9%-3.0pp | 7.3%-2.4pp | 8.9%+0.9pp | |
| Earnings yield | 29.7%+19.5pp | 27.7%+18.7pp | 27%+18.6pp | 8.9%-0.8pp | 10.2%+1.5pp | |
| Dividend yield | 0.9%-0.2pp | 0.9%-0.1pp | 0.9%-0.2pp | 0.9%-0.3pp | 1.1%+0.2pp | |
| PEG ratio | 0×— | —— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
