Boyd Gaming (BYD) EBITDA Margin (2010 - 2026)
Boyd Gaming (BYD) recorded quarterly EBITDA Margin of 25.5% in Q1 2026, up 7.55% quarter-over-quarter from 23.71% in Q4 2025, and down 109.0% on a YoY basis from 283.33% in Q1 2025.
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 25.5% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 109.0% year-over-year to 25.5%; the TTM figure through Mar 2026 stood at 24.96% (down 466.0% YoY), while the FY2025 annual figure was 25.22%, down 500.0% from the prior year.
- EBITDA Margin was 25.5% for Q1 2026 at Boyd Gaming, up from 23.71% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 36.22% in Q1 2022 to a low of 54.98% in Q4 2023.
- Historically, EBITDA Margin has averaged 25.28% across 5 years, with a median of 29.84% in 2024.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin slumped 8831 bps in 2023, then surged 8712 bps in 2024.
- A 5-year view of EBITDA Margin shows it stood at 33.33% in 2022, then tumbled by 265 bps to 54.98% in 2023, then soared by 158 bps to 32.14% in 2024, then declined by 26 bps to 23.71% in 2025, then rose by 8 bps to 25.5% in 2026.
- The last three EBITDA Margin figures came in at 25.5% (Q1 2026), 23.71% (Q4 2025), and 20.77% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 10.77 Bn | 9.94 Bn | 1.77 Bn | 23.17% |
| 2 | Boyd Gaming | 6.75 Bn | 6.74 Bn | 742.51 Mn | 25.50% |
| 3 | Melco Resorts & Entertainment | 6.64 Bn | 6.49 Bn | - | 579.18% |
| 4 | Caesars Entertainment | 5.96 Bn | 5.18 Bn | 2.71 Bn | 28.33% |
| 5 | Vail Resorts | 4.85 Bn | 4.81 Bn | - | 31.83% |
| 6 | Hilton Grand Vacations | 4.07 Bn | 3.97 Bn | 1.10 Bn | -2.96% |
| 7 | Red Rock Resorts | 3.34 Bn | 3.31 Bn | 491.72 Mn | 28.32% |
| 8 | Marriott Vacations Worldwide | 3.09 Bn | 2.82 Bn | 1.23 Bn | 4.77% |
| 9 | PENN Entertainment | 2.57 Bn | 1.85 Bn | 971.20 Mn | 5.46% |
| 10 | Monarch Casino & Resort | 2.19 Bn | 2.07 Bn | 34.95 Mn | -48.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.50% |
| Dec 31, 2025 | 23.71% |
| Sep 30, 2025 | 20.77% |
| Jun 30, 2025 | 29.78% |
| Mar 31, 2025 | 26.59% |
| Dec 31, 2024 | 32.14% |
| Sep 30, 2024 | 29.77% |
| Jun 30, 2024 | 29.84% |
| Mar 31, 2024 | 28.96% |
| Dec 31, 2023 | -54.98% |
| Sep 30, 2023 | 30.83% |
| Jun 30, 2023 | 32.95% |
| Mar 31, 2023 | 35.51% |
| Dec 31, 2022 | 33.33% |
| Sep 30, 2022 | 34.22% |
| Jun 30, 2022 | 34.66% |
| Mar 31, 2022 | 36.22% |
| Dec 31, 2021 | 32.08% |
| Sep 30, 2021 | 34.11% |
| Jun 30, 2021 | 36.98% |