Boyd Gaming (BYD) EBITDA Margin (2010 - 2026)
Boyd Gaming (BYD) posted quarterly EBITDA Margin of 19.4% for Q2 2026, down 404.0% year-over-year from 6.38% in Q2 2025, and up 18.0% quarter-over-quarter from 16.44% in Q1 2026.
Boyd Gaming (BYD) EBITDA Margin (2010 - 2026) Analysis & Trends
Boyd Gaming's EBITDA Margin history runs 17 years deep, the most recent figure standing at 19.4% for Q2 2026.
- In Q2 2026, EBITDA Margin fell 404.0% year-over-year to 19.4%; the TTM figure through Jun 2026 stood at 16.37% (down 656.0% YoY), while the FY2025 annual figure was 18.29%, down 532.0% from the prior year.
- EBITDA Margin for Q2 2026 stood at 19.4%, up from 16.44% in the prior quarter.
- The five-year high for EBITDA Margin was 29.55% in Q1 2023, with the low at 13.92% in Q3 2025.
- The 5-year median for EBITDA Margin is 23.46% (2024), against an average of 22.8%.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin plunged 1059 bps in 2023, then soared 886 bps in 2024.
- Boyd Gaming's EBITDA Margin stood at 26.83% in 2022, then slumped by 39 bps to 16.25% in 2023, then surged by 55 bps to 25.1% in 2024, then sank by 38 bps to 15.67% in 2025, then grew by 24 bps to 19.4% in 2026.
- Business Quant data shows BYD's EBITDA Margin at 19.4% in Q2 2026, 16.44% in Q1 2026, and 15.67% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 19.59% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 11.32% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 24.22% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 27.67% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 27.90% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | 41.00% |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 10.00% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | -56.55% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 26.65% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 7.09% |
Historic Data
Download 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% |