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
DateValue
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%