BOYD GAMING CORP
Company Stats
- Market Cap
- $4.8B
- as of Sep 30, 2026
- Enterprise Value
- $6.5B
- Shares Outstanding
- 72.7M
- Free Float
- 38.2%
Income Statement
- Revenue
- $4.1B
- Operating Income
- $748.4M
- Net Income
- $1.8B
- EBITDA
- $1.1B
- Non-cash Impairment
- $128.4M
- Revenue Growth, 3Y
- 4.8%
- FCF Margin, 3Y Avg
- 12.7%
- FCF Margin, Worst Year
- 9.5%
Cash Flow
- Free Cash Flow
- $388.5M
- FCF Yield
- 8.0%
- Owner FCF Yield
- 7.4%
Balance Sheet
- Cash & Equivalents
- $353.4M
- Total Debt
- $2.1B
- Net Debt
- $1.7B
- Net Debt / EBITDA
- 1.62x
- EV / EBITDA
- 6.23x
- Net Debt / EBIT
- 2.28x
Returns & Capital
- Dividends Paid
- $58.2M
- Dividend Yield
- 1.2%
- Dividend Payout, 3Y Avg
- 8.1%
- Share Repurchases
- $778.3M
- Buyback Yield, 3Y Avg
- 12.9%
- SBC, 3Y Avg
- $31.4M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $4.1B | $388.5M | 9.5% |
| FY2024 | $3.9B | $556.7M | 14.2% |
| FY2023 | $3.7B | $540.6M | 14.5% |
| FY2022 | $3.6B | $707.0M | 19.9% |
| FY2021 | $3.4B | $811.0M | 24.1% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges