Boyd Gaming (BYD) EBIT Margin (2010 - 2026)
Boyd Gaming (BYD) posted EBIT Margin of 19.40% for Q2 2026, down 4.04 percentage points from 23.44% a year earlier but up 2.96 percentage points from the prior quarter.
Boyd Gaming (BYD) EBIT Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT Margin at Boyd Gaming was 16.37%, down 6.56 percentage points year-over-year; for FY2025, it came in at 18.29%, down 5.32 percentage points from FY2024.
- Annual EBIT Margin has declined for three consecutive years, though with a five-year change of +17.63 percentage points (FY2020 to FY2025).
- In prior years, Boyd Gaming's EBIT Margin was 23.61% in FY2024 (-0.52 pp), 24.12% in FY2023 (-3.48 pp), 27.60% in FY2022 (+0.89 pp) and 26.71% in FY2021 (+26.06 pp).
- Quarterly EBIT Margin has run from a low of 13.92% in Q3 2025 to a high of 29.55% in Q1 2023 over five years.
- On a year-over-year basis, EBIT Margin has declined in each of the last six quarters, with an average year-over-year change of -2.66 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q4 2024, with a gain of 8.86 percentage points; the weakest was Q4 2023, with a drop of 10.59 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 16.44% (Q1 2026), 15.67% (Q4 2025) and 13.92% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 19.59% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -4.72% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -3.33% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 11.53% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 17.29% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 16.03% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 11.32% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 17.14% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 23.39% |
| 10 | Boyd Gaming | 4.87 Bn | 3.50 Bn | 520.16 Mn | 19.40% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.40% |
| Mar 31, 2026 | 16.44% |
| Dec 31, 2025 | 15.67% |
| Sep 30, 2025 | 13.92% |
| Jun 30, 2025 | 23.44% |
| Mar 31, 2025 | 20.16% |
| Dec 31, 2024 | 25.10% |
| Sep 30, 2024 | 22.89% |
| Jun 30, 2024 | 23.47% |
| Mar 31, 2024 | 22.84% |
| Dec 31, 2023 | 16.25% |
| Sep 30, 2023 | 24.12% |
| Jun 30, 2023 | 26.61% |
| Mar 31, 2023 | 29.55% |
| Dec 31, 2022 | 26.83% |
| Sep 30, 2022 | 27.07% |
| Jun 30, 2022 | 27.40% |
| Mar 31, 2022 | 29.17% |
| Dec 31, 2021 | 24.65% |
| Sep 30, 2021 | 26.47% |
Boyd Gaming EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=BYD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "BYD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=BYD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();