Boyd Group Services (BGSI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 27, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 18, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BGSI SEC filings page.
Boyd Group Services Inc. (BGSI) reported $3.1B in revenue for fiscal year 2025, up 2.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth was modest, but lower reinvestment and a reshaped balance sheet lifted cash generation while earnings weakened.
Net income fell 25.0% while operating cash flow rose 12.7%, showing that reported earnings and cash generation moved in opposite directions. Free cash flow rose 26.6% as capital expenditures fell 29.8%, so the cash improvement was tied more to lighter reinvestment than stronger reported profitability.
Revenue increased 2.4%, yet gross profit grew 4.4%, indicating margin expansion through cost absorption or mix rather than top-line acceleration. That improvement did not reach the bottom line: net income fell 25.0% and net margin declined 0.2 percentage points.
The balance sheet was reshaped rather than simply enlarged: total assets rose 56.6%, while equity rose 107.0%. Long-term debt fell 29.4% alongside $1.1B of financing cash inflow, pointing to a major change in funding structure; the current ratio also moved from 0.6x to 3.1x, materially easing short-term balance-sheet pressure.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Boyd Group Services Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Boyd Group Services Inc.'s revenue grew a modest 2.4% year-over-year to $3.1B. This slow but positive growth earns a score of 39/100.
Boyd Group Services Inc. carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 75/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.14, Boyd Group Services Inc. holds $3.14 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 80/100.
Boyd Group Services Inc. has a free cash flow margin of 9.5%, earning a moderate score of 62/100. The company generates positive cash flow after capital investments, but with room for improvement.
Boyd Group Services Inc.'s ROE of 1.1% shows moderate profitability relative to equity, earning a score of 52/100. This is down from 2.9% the prior year.
Boyd Group Services Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Boyd Group Services Inc. generates $19.16 in operating cash flow ($353.0M OCF vs $18.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Boyd Group Services Inc. generated $3.1B in revenue in fiscal year 2025. This represents an increase of 2.4% from the prior year.
Boyd Group Services Inc. reported $18.4M in net income in fiscal year 2025. This represents a decrease of 25.0% from the prior year.
Boyd Group Services Inc. earned $0.82 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 28.1% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Boyd Group Services Inc. generated $298.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 26.6% from the prior year.
Boyd Group Services Inc. held $1.2B in cash against $352.0M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Boyd Group Services Inc.'s gross margin was 46.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.
Boyd Group Services Inc.'s net profit margin was 0.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.2 percentage points from the prior year.
Boyd Group Services Inc.'s ROE was 1.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.9 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Boyd Group Services Inc. invested $54.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 29.8% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
BGSI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
BGSI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F |
|---|---|---|
| Total Assets | $3.9B+56.6% | $2.5B |
| Current Assets | $1.5B+453.5% | $270.7M |
| Cash & Equivalents | $1.2B+6044.0% | $20.0M |
| Inventory | $68.3M-6.6% | $73.1M |
| Goodwill | $702.5M+9.1% | $643.9M |
| Total Liabilities | $2.1B+31.0% | $1.6B |
| Current Liabilities | $476.7M+9.6% | $435.1M |
| Non-Current Liabilities | $1.7B+38.8% | $1.2B |
| Long-Term Debt | $352.0M-29.4% | $498.3M |
| Total Equity | $1.7B+107.0% | $830.9M |
| Retained Earnings | $188.8M+4.6% | $180.6M |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.
BGSI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Share Buybacks.
BGSI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Margin.
Where Boyd Group Services Inc. Ranks
Frequently Asked Questions
What is Boyd Group Services Inc.'s annual revenue?
Boyd Group Services Inc. (BGSI) reported $3.1B in total revenue for fiscal year 2025. This represents a 2.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Boyd Group Services Inc.'s revenue growing?
Boyd Group Services Inc. (BGSI) revenue grew by 2.4% year-over-year, from $3.1B to $3.1B in fiscal year 2025.
Is Boyd Group Services Inc. profitable?
Yes, Boyd Group Services Inc. (BGSI) reported a net income of $18.4M in fiscal year 2025, with a net profit margin of 0.6%.
How much debt does Boyd Group Services Inc. have?
As of fiscal year 2025, Boyd Group Services Inc. (BGSI) had $1.2B in cash and equivalents against $352.0M in long-term debt.
What is Boyd Group Services Inc.'s gross margin?
Boyd Group Services Inc. (BGSI) had a gross margin of 46.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Boyd Group Services Inc.'s net profit margin?
Boyd Group Services Inc. (BGSI) had a net profit margin of 0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Boyd Group Services Inc.'s return on equity (ROE)?
Boyd Group Services Inc. (BGSI) has a return on equity of 1.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Boyd Group Services Inc.'s free cash flow?
Boyd Group Services Inc. (BGSI) generated $298.7M in free cash flow during fiscal year 2025. This represents a 26.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Boyd Group Services Inc.'s operating cash flow?
Boyd Group Services Inc. (BGSI) generated $353.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Boyd Group Services Inc.'s total assets?
Boyd Group Services Inc. (BGSI) had $3.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Boyd Group Services Inc.'s capital expenditures?
Boyd Group Services Inc. (BGSI) invested $54.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Boyd Group Services Inc.'s current ratio?
Boyd Group Services Inc. (BGSI) had a current ratio of 3.14 as of fiscal year 2025, which is generally considered healthy.
What is Boyd Group Services Inc.'s debt-to-equity ratio?
Boyd Group Services Inc. (BGSI) had a debt-to-equity ratio of 0.20 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Boyd Group Services Inc.'s liabilities-to-equity ratio?
Boyd Group Services Inc. (BGSI) had a liabilities-to-equity ratio of 1.24 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Boyd Group Services Inc.'s return on assets (ROA)?
Boyd Group Services Inc. (BGSI) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Boyd Group Services Inc.'s P/E ratio?
Boyd Group Services Inc. (BGSI) trades at 124x earnings, its market capitalization divided by $18.4M net income, FY2025. The market capitalization is $2.3B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Boyd Group Services Inc.'s price-to-sales ratio?
Boyd Group Services Inc. (BGSI) trades at 0.7x sales, its market capitalization divided by $3.1B revenue, FY2025. The market capitalization is $2.3B as of Oct 27, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Boyd Group Services Inc.'s Piotroski F-Score?
Boyd Group Services Inc. (BGSI) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Boyd Group Services Inc.'s earnings high quality?
Boyd Group Services Inc. (BGSI) has an earnings quality ratio of 19.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Boyd Group Services Inc.?
Boyd Group Services Inc. (BGSI) scores 61 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.