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BYD · NYSE · United States · Hotels & Motels
In shortBOYD GAMING CORP is profitable, generates cash and carries moderate debt, with revenue growing (+4.1% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 18.3% | 78/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 45.0% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 88.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 12.7% | 85/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.54× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.78× | 68/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.61× | 68/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.75× | 31/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.30 | 31/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 9.5% | 58/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.21× | 0/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 22.2% | 29/100 |
| Operating margin volatility | 3.6% | 76/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.8% | 43/100 |
|---|---|---|
| EPS growth, 3-year average | 56.6% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 3,370 | 3,555 | 3,738 | 3,930 | 4,092 |
| Selling, general & admin | 366 | 374 | 390 | 427 | 433 |
| Operating income | 900 | 981 | 902 | 928 | 748 |
| Interest expense | 199 | 151 | 171 | 177 | 158 |
| Pre-tax income | 604 | 829 | 753 | 752 | 2,330 |
| Income tax | 140 | 189 | 133 | 174 | 491 |
| Net income | 464 | 639 | 620 | 578 | 1,843 |
| Diluted EPS | $4.07 | $5.87 | $6.12 | $6.19 | $22.56 |
| Diluted shares (millions) | 114 | 109 | 101 | 93 | 82 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.30 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 30, 2026