BYDNYSESEC EDGAREDGAR

BOYD GAMING CORP

Hotels & Motels·LAS VEGAS, NV·FY end 12/31·CIK 906553

Financials

5-year history · USD
MetricFY 2025FY 2024FY 2023FY 2022FY 2021Trend
Revenue$4.1B$3.9B
Gross Profit
Operating Income$748.4M$927.8M$901.8M$981.2M$900.1M
Net Income$1.8B$578.0M$620.0M$639.4M$463.8M
Operating CF$976.7M$957.1M$914.5M$976.1M$1.0B
Capex$588.2M$400.4M$373.9M$269.2M$199.5M
Free Cash Flow$388.5M$556.7M$540.6M$707.0M$811.0M
Buybacks$778.3M$685.9M$412.7M$541.6M$80.8M
Dividends$58.2M$62.7M$63.6M$48.2M$0
Gross Margin
Operating Margin18.3%23.6%
Net Margin45.0%14.7%
FCF Margin9.5%14.2%
R&D / Revenue
Effective Tax21.1%23.1%17.6%22.9%23.2%
Debt / Equity0.783.991.653.813.91
Buybacks / FCF200.4%123.2%76.3%76.6%10.0%

Peer comparison

Hotels & Motels · 4 peers
CEO Pay Ratio
BYD
375:1
LVS
774:1
MGM
WH
140:1
RRR
283:1
CEO total comp
BYD
$15M
LVS
$31M
MGM
$25M
WH
$14M
RRR
$13M
Net Margin
BYD
45.0%
LVS
10.8%
MGM
1.2%
WH
13.5%
RRR
9.3%