Boyd Gaming Corp Financials
Boyd Gaming Corp (BYD) reported $4.1B in revenue for fiscal year 2025, up 4.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
FY2025 reported profit was driven more by balance-sheet and non-operating shifts than by stronger core operating earnings.
From FY2024 to FY2025, net income rose to$1.84B while operating income fell to$748M , which means the earnings surge came from below the operating line rather than from day-to-day business strength. Operating cash flow stayed near$977M as long-term debt fell to$2.05B , so the year reads as a financial reshaping more than an operating breakout.
Leverage eased sharply: debt-to-equity moved below 1.0x in FY2025, but short-term liquidity tightened as the current ratio fell to 0.5x. That mix points to less long-horizon balance-sheet strain but more dependence on steady near-term cash generation, because cash was only
Cash conversion remains positive, but capital intensity rose and left less cash after reinvestment. Operating cash flow was
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. 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 Gaming Corp'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 Gaming Corp has an operating margin of 18.3%, meaning the company retains $18 of operating profit per $100 of revenue. This results in a moderate score of 35/100, indicating healthy but not exceptional operating efficiency. This is down from 23.6% the prior year.
Boyd Gaming Corp's revenue grew a modest 4.1% year-over-year to $4.1B. This slow but positive growth earns a score of 49/100.
Boyd Gaming Corp has a moderate D/E ratio of 0.78. This balance of debt and equity financing earns a leverage score of 35/100.
Boyd Gaming Corp's current ratio of 0.54 is below the typical benchmark, resulting in a score of 6/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Boyd Gaming Corp converts 9.5% of revenue into free cash flow ($388.5M). This strong cash generation earns a score of 72/100.
Boyd Gaming Corp earns a strong 70.7% return on equity (ROE), meaning it generates $71 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 86/100. This is up from 36.5% the prior year.
Boyd Gaming Corp scores 2.36, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Boyd Gaming Corp 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, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Boyd Gaming Corp generates $0.53 in operating cash flow ($976.7M OCF vs $1.8B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Boyd Gaming Corp earns $4.75 in operating income for every $1 of interest expense ($748.4M vs $157.6M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Boyd Gaming Corp generated $4.1B in revenue in fiscal year 2025. This represents an increase of 4.1% from the prior year.
Boyd Gaming Corp's EBITDA was $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 12.7% from the prior year.
Boyd Gaming Corp reported $1.8B in net income in fiscal year 2025. This represents an increase of 218.9% from the prior year.
Boyd Gaming Corp earned $22.56 per diluted share (EPS) in fiscal year 2025. This represents an increase of 264.5% from the prior year.
Cash & Balance Sheet
Boyd Gaming Corp generated $388.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 30.2% from the prior year.
Boyd Gaming Corp held $353.4M in cash against $2.0B in long-term debt as of fiscal year 2025.
Boyd Gaming Corp paid $0.72 per share in dividends in fiscal year 2025. This represents an increase of 5.9% from the prior year.
Margins & Returns
Boyd Gaming Corp's operating margin was 18.3% in fiscal year 2025, reflecting core business profitability. This is down 5.3 percentage points from the prior year.
Boyd Gaming Corp's net profit margin was 45.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 30.3 percentage points from the prior year.
Boyd Gaming Corp's ROE was 70.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 34.1 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Boyd Gaming Corp spent $778.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 13.5% from the prior year.
Boyd Gaming Corp invested $588.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 46.9% from the prior year.
Not reported for fiscal year 2025.
BYD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.1B | $4.1B+4.1% | $3.9B+5.1% | $3.7B+5.2% | $3.6B+5.5% | $3.4B+54.7% | $2.2B-34.5% | $3.3B+26.6% | $2.6B+9.4% | $2.4B+9.2% | $2.2B-0.7% | $2.2B+3.4% | $2.1B-2.6% | $2.2B-11.4% | $2.5B+6.3% | $2.3B |
| SG&A Expenses | $436.1M | $433.1M+1.4% | $427.2M+9.6% | $389.9M+4.3% | $374.0M+2.1% | $366.2M+4.5% | $350.4M-23.8% | $459.6M+24.4% | $369.3M+2.0% | $362.0M+12.3% | $322.3M-0.1% | $322.7M-1.5% | $327.6M-4.1% | $341.4M-24.0% | $449.3M+13.7% | $395.0M |
| Operating Income | $670.8M | $748.4M-19.3% | $927.8M+2.9% | $901.8M-8.1% | $981.2M+9.0% | $900.1M+6210.8% | $14.3M-97.0% | $472.6M+33.0% | $355.3M+3.3% | $343.8M+32.0% | $260.4M-4.1% | $271.6M+56.3% | $173.7M-24.9% | $231.2M+127.2% | -$850.3M-464.8% | $233.1M |
| Interest Expense | $118.5M | $157.6M-11.1% | $177.4M+3.6% | $171.2M+13.2% | $151.2M-24.2% | $199.4M-13.5% | $230.5M-2.9% | $237.5M+16.3% | $204.2M+18.0% | $173.1M-18.6% | $212.7M-5.3% | $224.6M-2.4% | $230.1M-12.5% | $263.0M-9.3% | $290.0M+15.7% | $250.7M |
| Income Tax | $480.1M | $490.8M+182.0% | $174.1M+31.0% | $132.9M-29.9% | $189.4M+35.2% | $140.1M+485.8% | -$36.3M-181.6% | $44.5M+10.3% | $40.3M+1194.7% | $3.1M+101.6% | -$199.9M-2917.9% | -$6.6M-22.5% | -$5.4M-170.4% | $7.7M+103.5% | -$220.8M-12929.1% | $1.7M |
| Net Income | $1.8B | $1.8B+218.9% | $578.0M-6.8% | $620.0M-3.0% | $639.4M+37.8% | $463.8M+444.4% | -$134.7M-185.5% | $157.6M+37.0% | $115.0M-39.3% | $189.4M-54.9% | $420.2M+782.7% | $47.6M+189.8% | -$53.0M+33.9% | -$80.3M+91.2% | -$908.9M-23482.4% | -$3.9M |
| EPS (Diluted) | — | $22.56+264.5% | $6.19+1.1% | $6.12+4.3% | $5.87+44.2% | $4.07+442.0% | -$1.19-186.2% | $1.38+38.0% | $1.00-39.0% | $1.64-55.1% | $3.65+769.0% | $0.42+187.5% | -$0.48+42.2% | -$0.83+92.0% | -$10.37-25825.0% | -$0.04 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
BYD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.6B+2.9% | $6.4B+1.9% | $6.3B-0.6% | $6.3B+1.4% | $6.2B-5.1% | $6.6B-1.4% | $6.7B+15.5% | $5.8B+22.8% | $4.7B+0.3% | $4.7B+7.4% | $4.4B-1.6% | $4.4B-23.0% | $5.7B-9.3% | $6.3B+7.6% | $5.9B |
| Current Assets | $530.7M-5.5% | $561.5M+6.1% | $529.3M+10.7% | $478.2M-5.8% | $507.8M-21.9% | $650.3M+62.8% | $399.5M-0.1% | $399.8M+21.6% | $328.7M+6.7% | $307.9M+19.7% | $257.2M+6.3% | $241.9M-27.7% | $334.7M-5.9% | $355.6M+3.7% | $342.9M |
| Cash & Equivalents | $353.4M+11.6% | $316.7M+4.1% | $304.3M+7.3% | $283.5M-17.7% | $344.6M-33.6% | $519.2M+107.7% | $250.0M+0.2% | $249.4M+22.8% | $203.1M+4.8% | $193.9M+22.1% | $158.8M+9.3% | $145.3M+3.6% | $140.3M-11.4% | $158.4M-11.0% | $178.1M |
| Inventory | $20.2M-4.9% | $21.2M+2.6% | $20.7M-6.7% | $22.2M+10.4% | $20.1M-11.2% | $22.6M+2.3% | $22.1M+7.3% | $20.6M+14.4% | $18.0M-3.0% | $18.6M+20.1% | $15.5M+2.0% | $15.2M-23.1% | $19.7M+6.4% | $18.5M+6.0% | $17.5M |
| Accounts Receivable | $84.4M-36.2% | $132.3M-4.1% | $137.9M+26.4% | $109.1M+21.9% | $89.5M+67.4% | $53.5M-2.6% | $54.9M+0.4% | $54.7M+35.6% | $40.3M+32.8% | $30.4M+20.1% | $25.3M-7.1% | $27.2M-58.5% | $65.6M+6.2% | $61.8M+5.4% | $58.6M |
| Goodwill | $958.0M0.0% | $957.9M+1.1% | $947.3M-8.4% | $1.0B+6.4% | $971.3M0.0% | $971.3M-10.3% | $1.1B+2.0% | $1.1B+19.6% | $888.2M+7.5% | $826.5M+20.6% | $685.3M0.0% | $685.3M0.0% | $685.3M-1.4% | $694.9M+225.4% | $213.6M |
| Total Liabilities | $4.0B-17.5% | $4.8B+6.2% | $4.5B-4.1% | $4.7B+0.7% | $4.7B-13.8% | $5.4B+0.9% | $5.4B+16.8% | $4.6B+28.5% | $3.6B-4.1% | $3.7B-2.7% | $3.8B-3.5% | $4.0B-24.4% | $5.3B-12.6% | $6.0B+28.8% | $4.7B |
| Current Liabilities | $979.2M+57.3% | $622.7M+4.4% | $596.3M+1.7% | $586.1M+5.2% | $557.0M+6.3% | $524.0M-5.9% | $556.9M+18.6% | $469.7M+21.9% | $385.5M+3.6% | $372.0M+4.8% | $355.1M-0.6% | $357.2M-21.3% | $453.9M-39.5% | $750.6M+59.0% | $472.0M |
| Long-Term Debt | $2.0B-34.7% | $3.1B+9.1% | $2.9B-4.5% | $3.0B+0.5% | $3.0B-22.7% | $3.9B+3.4% | $3.7B-5.5% | $4.0B+29.6% | $3.1B-4.6% | $3.2B-1.3% | $3.2B-4.0% | $3.4B-22.5% | $4.4B-9.8% | $4.8B+44.2% | $3.3B |
| Total Equity | $2.6B+64.9% | $1.6B-9.3% | $1.7B+9.6% | $1.6B+3.4% | $1.5B+36.9% | $1.1B-11.2% | $1.3B+10.4% | $1.1B+4.4% | $1.1B+18.0% | $930.2M+83.1% | $508.0M+16.0% | $438.0M-6.8% | $470.0M+54.7% | $303.8M-74.7% | $1.2B |
| Retained Earnings | $2.6B+64.8% | $1.6B-9.2% | $1.7B+35.7% | $1.3B+81.1% | $710.1M+188.4% | $246.2M-35.4% | $380.9M+50.4% | $253.4M+54.1% | $164.4M+790.2% | -$23.8M+94.6% | -$437.9M+9.7% | -$485.1M-12.3% | -$432.1M-22.8% | -$351.8M-163.2% | $557.1M |
BYD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $626.1M | $976.7M+2.0% | $957.1M+4.7% | $914.5M-6.3% | $976.1M-3.4% | $1.0B+249.6% | $289.0M-47.4% | $549.0M+26.3% | $434.5M+2.8% | $422.6M+40.7% | $300.3M-8.1% | $326.7M+12.7% | $289.9M+26.5% | $229.2M+55.8% | $147.2M-41.9% | $253.5M |
| Capital Expenditures | $591.0M | $588.2M+46.9% | $400.4M+7.1% | $373.9M+38.9% | $269.2M+34.9% | $199.5M+14.0% | $175.0M-15.7% | $207.6M+28.5% | $161.5M-15.2% | $190.5M+18.8% | $160.4M+22.3% | $131.2M-4.8% | $137.8M+12.8% | $122.2M-2.7% | $125.6M+43.9% | $87.2M |
| Free Cash Flow | $35.1M | $388.5M-30.2% | $556.7M+3.0% | $540.6M-23.5% | $707.0M-12.8% | $811.0M+611.4% | $114.0M-66.6% | $341.4M+25.0% | $273.0M+17.6% | $232.1M+65.8% | $140.0M-28.4% | $195.5M+28.5% | $152.1M+42.1% | $107.1M+395.3% | $21.6M-87.0% | $166.3M |
| Investing Cash Flow | $1.1B | $1.0B+340.3% | -$433.9M-64.2% | -$264.3M+37.4% | -$422.3M-225.9% | -$129.6M+24.3% | -$171.2M+26.0% | -$231.4M+79.6% | -$1.1B-402.3% | -$226.0M+69.4% | -$738.9M-483.4% | -$126.6M+11.8% | -$143.5M-524.0% | $33.9M+102.4% | -$1.4B-295.5% | -$362.8M |
| Financing Cash Flow | -$1.7B | -$2.0B-289.1% | -$509.5M+20.0% | -$637.2M-3.5% | -$615.9M+41.8% | -$1.1B-821.7% | $146.7M+145.8% | -$320.3M-142.9% | $746.2M+446.5% | -$215.3M-117.0% | -$99.2M+50.3% | -$199.7M-44.4% | -$138.3M+58.8% | -$336.0M-125.7% | $1.3B+817.6% | $142.4M |
| Dividends Paid | $57.6M | $58.2M-7.2% | $62.7M-1.5% | $63.6M+32.1% | $48.2M | $0-100.0% | $7.8M-73.0% | $28.9M+17.1% | $24.7M+119.1% | $11.3M | $0 | $0 | $0 | $0 | N/A | N/A |
| Share Buybacks | $656.4M | $778.3M+13.5% | $685.9M+66.2% | $412.7M-23.8% | $541.6M+570.5% | $80.8M+626.4% | $11.1M-60.3% | $28.0M-52.9% | $59.6M+86.6% | $31.9M | N/A | N/A | N/A | N/A | N/A | $0 |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
BYD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 18.3%-5.3pp | 23.6%-0.5pp | 24.1%-3.5pp | 27.6%+0.9pp | 26.7%+26.1pp | 0.7%-13.6pp | 14.2%+0.7pp | 13.5%-0.8pp | 14.3%+2.5pp | 11.8%-0.4pp | 12.3%+4.1pp | 8.1%-2.4pp | 10.5%+44.8pp | -34.3%-44.2pp | 10.0% |
| Net Margin | 45.1%+30.3pp | 14.7%-1.9pp | 16.6%-1.4pp | 18.0%+4.2pp | 13.8%+19.9pp | -6.2%-10.9pp | 4.7%+0.4pp | 4.4%-3.5pp | 7.9%-11.2pp | 19.1%+17.0pp | 2.1%+4.6pp | -2.5%+1.2pp | -3.6%+33.0pp | -36.6%-36.4pp | -0.2% |
| Return on Equity | 70.7%+34.1pp | 36.5%+1.0pp | 35.5%-4.7pp | 40.2%+10.1pp | 30.1%+42.1pp | -12.0%-24.4pp | 12.5%+2.4pp | 10.0%-7.2pp | 17.3%-27.9pp | 45.2%+35.8pp | 9.4%+21.5pp | -12.1%+5.0pp | -17.1%+282.1pp | -299.2%-298.8pp | -0.3% |
| Return on Assets | 28.0%+19.0pp | 9.0%-0.8pp | 9.9%-0.3pp | 10.1%+2.7pp | 7.4%+9.5pp | -2.1%-4.4pp | 2.4%+0.4pp | 2.0%-2.0pp | 4.0%-5.0pp | 9.0%+7.9pp | 1.1%+2.3pp | -1.2%+0.2pp | -1.4%+12.9pp | -14.3%-14.3pp | -0.1% |
| Current Ratio | 0.54-0.4x | 0.900.0x | 0.89+0.1x | 0.82-0.1x | 0.91-0.3x | 1.24+0.5x | 0.72-0.1x | 0.850.0x | 0.850.0x | 0.83+0.1x | 0.720.0x | 0.68-0.1x | 0.74+0.3x | 0.47-0.3x | 0.73 |
| Debt-to-Equity | 0.78-1.2x | 1.98+0.3x | 1.65-0.2x | 1.89-0.1x | 1.94-1.5x | 3.44+0.5x | 2.96-0.5x | 3.45+0.7x | 2.78-0.7x | 3.44-2.9x | 6.38-1.3x | 7.71-1.6x | 9.26-6.6x | 15.89+13.1x | 2.78 |
| FCF Margin | 9.5%-4.7pp | 14.2%-0.3pp | 14.5%-5.4pp | 19.9%-4.2pp | 24.1%+18.8pp | 5.2%-5.0pp | 10.3%-0.1pp | 10.4%+0.7pp | 9.7%+3.3pp | 6.4%-2.5pp | 8.8%+1.7pp | 7.1%+2.2pp | 4.9%+4.0pp | 0.9%-6.3pp | 7.1% |
Not reported in any period shown, so not listed: Gross Margin.
Note: The current ratio is below 1.0 (0.54), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Boyd Gaming Corp Ranks
Frequently Asked Questions
What is Boyd Gaming Corp's annual revenue?
Boyd Gaming Corp (BYD) reported $4.1B in total revenue for fiscal year 2025. This represents a 4.1% 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 Gaming Corp's revenue growing?
Boyd Gaming Corp (BYD) revenue grew by 4.1% year-over-year, from $3.9B to $4.1B in fiscal year 2025.
Is Boyd Gaming Corp profitable?
Yes, Boyd Gaming Corp (BYD) reported a net income of $1.8B in fiscal year 2025, with a net profit margin of 45.1%.
What is Boyd Gaming Corp's EBITDA?
Boyd Gaming Corp (BYD) had EBITDA of $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Boyd Gaming Corp have?
As of fiscal year 2025, Boyd Gaming Corp (BYD) had $353.4M in cash and equivalents against $2.0B in long-term debt.
What is Boyd Gaming Corp's operating margin?
Boyd Gaming Corp (BYD) had an operating margin of 18.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Boyd Gaming Corp's net profit margin?
Boyd Gaming Corp (BYD) had a net profit margin of 45.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Boyd Gaming Corp pay dividends?
Yes, Boyd Gaming Corp (BYD) paid $0.72 per share in dividends during fiscal year 2025.
What is Boyd Gaming Corp's return on equity (ROE)?
Boyd Gaming Corp (BYD) has a return on equity of 70.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Boyd Gaming Corp's free cash flow?
Boyd Gaming Corp (BYD) generated $388.5M in free cash flow during fiscal year 2025. This represents a -30.2% 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 Gaming Corp's operating cash flow?
Boyd Gaming Corp (BYD) generated $976.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Boyd Gaming Corp's total assets?
Boyd Gaming Corp (BYD) had $6.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Boyd Gaming Corp's capital expenditures?
Boyd Gaming Corp (BYD) invested $588.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Boyd Gaming Corp's current ratio?
Boyd Gaming Corp (BYD) had a current ratio of 0.54 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Boyd Gaming Corp's debt-to-equity ratio?
Boyd Gaming Corp (BYD) had a debt-to-equity ratio of 0.78 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Boyd Gaming Corp's return on assets (ROA)?
Boyd Gaming Corp (BYD) had a return on assets of 28.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Boyd Gaming Corp's Altman Z-Score?
Boyd Gaming Corp (BYD) has an Altman Z-Score of 2.36, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Boyd Gaming Corp's Piotroski F-Score?
Boyd Gaming Corp (BYD) 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 Gaming Corp's earnings high quality?
Boyd Gaming Corp (BYD) has an earnings quality ratio of 0.53x, considered mixed 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.
Can Boyd Gaming Corp cover its interest payments?
Boyd Gaming Corp (BYD) has an interest coverage ratio of 4.75x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Boyd Gaming Corp?
Boyd Gaming Corp (BYD) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite 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.