Boyd Gaming (BYD) EBT Margin (2010 - 2026)
Boyd Gaming's EBT Margin came in at 16.49% for Q2 2026, down 2.19 percentage points from 18.68% a year earlier but up 2.75 percentage points from the prior quarter.
Boyd Gaming (BYD) EBT Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Boyd Gaming reported EBT Margin of 55.93%, up 37.67 percentage points year-over-year; for FY2025, it came in at 56.93%, up 37.80 percentage points from FY2024.
- EBT Margin carries a five-year change of +64.78 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 19.13% in FY2024 (-1.01 pp), 20.14% in FY2023 (-3.17 pp), 23.31% in FY2022 (+5.39 pp) and 17.92% in FY2021 (+25.77 pp).
- The five-year range for quarterly EBT Margin is 11.86% (Q4 2023) to 183.40% (Q3 2025).
- Year-over-year, EBT Margin has declined for three consecutive quarters, with an average year-over-year change of +19.75 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q3 2025 (a gain of 165.30 percentage points), and the weakest in Q4 2023 (a drop of 12.61 percentage points).
- Business Quant data shows BYD's EBT Margin at 13.74% (Q1 2026), 13.41% (Q4 2025) and 183.40% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.48 Bn | 10.58 Bn | 1.48 Bn | 14.62% |
| 2 | Flutter Entertainment | 13.95 Bn | 7.32 Bn | 1.71 Bn | -6.91% |
| 3 | DraftKings | 10.42 Bn | 6.08 Bn | 551.45 Mn | -4.98% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 12.08% |
| 5 | Life Time Group Holdings | 9.11 Bn | 8.34 Bn | 412.26 Mn | 15.54% |
| 6 | Wynn Resorts | 7.79 Bn | 2.08 Bn | 758.95 Mn | 10.70% |
| 7 | MGM Resorts International | 7.33 Bn | -1.71 Bn | 1.98 Bn | 9.29% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 18.12% |
| 9 | Caesars Entertainment | 5.91 Bn | 2.36 Bn | 1.50 Bn | -1.77% |
| 10 | Boyd Gaming | 5.27 Bn | 3.90 Bn | 520.16 Mn | 16.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.49% |
| Mar 31, 2026 | 13.74% |
| Dec 31, 2025 | 13.41% |
| Sep 30, 2025 | 183.40% |
| Jun 30, 2025 | 18.68% |
| Mar 31, 2025 | 15.34% |
| Dec 31, 2024 | 20.75% |
| Sep 30, 2024 | 18.10% |
| Jun 30, 2024 | 19.07% |
| Mar 31, 2024 | 18.48% |
| Dec 31, 2023 | 11.86% |
| Sep 30, 2023 | 19.61% |
| Jun 30, 2023 | 22.19% |
| Mar 31, 2023 | 26.87% |
| Dec 31, 2022 | 24.47% |
| Sep 30, 2022 | 23.18% |
| Jun 30, 2022 | 21.11% |
| Mar 31, 2022 | 24.49% |
| Dec 31, 2021 | 16.52% |
| Sep 30, 2021 | 21.14% |
Boyd Gaming EBT 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=ebt-margin&ticker=BYD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=BYD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();