Skip to content

Boyd Gaming BYD Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Operating margin17.4%-5.5pp18.3%-5.3pp20.7%-0.7pp22.9%+1.3pp22.9%+0.5pp
Net margin44.8%+30.9pp45%+30.3pp46%+33.0pp14%+0.7pp14%-0.9pp
EBITDA margin25.4%-4.6pp25.7%-5.0pp27.8%-0.5pp30%+1.5pp30%+0.7pp
Free cash flow margin6.9%-5.3pp9.5%-4.7pp10.1%-3.6pp11.5%-1.9pp12.2%-1.6pp
Returns
Return on equity94.6%+59.0pp88%+53.2pp87.2%+57.8pp36.4%+7.2pp35.6%+3.0pp
Return on assets28.1%+19.4pp28.4%+19.3pp29.2%+21.3pp8.8%+0.8pp8.7%-0.2pp
Return on invested capital10.9%-2.4pp11.6%-2.1pp13%+0.7pp13.5%+1.2pp13.3%-0.2pp
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×-0.2×0.5×-0.4×0.5×-0.3×0.9×0.0×0.8×0.0×
Quick ratio0.6×-0.2×0.5×-0.3×0.5×-0.3×0.8×0.0×0.8×0.0×
Cash ratio0.4×-0.1×0.4×-0.1×0.3×-0.1×0.5×0.0×0.5×0.0×
Leverage
Debt-to-equity1.2×-2.0×-1.4×-1.4×3.1×+0.9×3.1×+1.0×
Debt-to-assets0.4×-0.2×0.4×-0.2×0.4×-0.2×0.6×+0.1×0.7×+0.1×
Net debt / EBITDA2.4×-0.8×2.2×-0.8×-1.3×3.3×+0.1×3.3×+0.2×
Interest coverage5.2×+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 / earnings3.4×-6.5×3.6×-7.5×3.7×-8.2×11.2×+0.9×9.8×-1.8×
Price / sales1.5×+0.1×1.6×0.0×1.7×+0.2×1.6×+0.2×1.4×-0.4×
Price / book2.4×-1.6×2.6×-1.5×2.6×-1.0×4.6×+1.5×+0.4×
EV / EBITDA8.4×+0.5×8.6×+0.3×8.1×-0.6×8.5×+0.5×7.8×-1.1×
EV / sales2.1×-0.2×2.2×-0.3×2.3×-0.2×2.6×+0.3×2.4×-0.3×
Free cash flow yield4.5%-4.3pp5.8%-2.8pp5.9%-3.0pp7.3%-2.4pp8.9%+0.9pp
Earnings yield29.7%+19.5pp27.7%+18.7pp27%+18.6pp8.9%-0.8pp10.2%+1.5pp
Dividend yield0.9%-0.2pp0.9%-0.1pp0.9%-0.2pp0.9%-0.3pp1.1%+0.2pp
PEG ratio

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.