Boyd Gaming BYD
NYSE BYD
$75.41 -1.11 (-1.45%)
As of: Sep 9, 2026 · 3:59 PM EDT

Boyd Gaming (BYD) Gross Margin (2010 - 2026)

Boyd Gaming (BYD) posted Gross Margin of 74.13% for Q2 2026, little changed on a QoQ basis from 74.45% in Q1 2026, and down 77.0% year-over-year from 322.29% in Q2 2025.

Analysis

Boyd Gaming (BYD) Gross Margin (2010 - 2026) Analysis & Trends

Boyd Gaming has reported Gross Margin for 17 years, with the latest figure at 74.13% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 77.0% year-over-year to 74.13% in Q2 2026; TTM through Jun 2026 was 74.54%, a 44.0% decrease from a year earlier, with the FY2025 full-year figure at 74.91%, up 35.0% from the prior year.
  • Gross Margin was 74.13% for Q2 2026 at Boyd Gaming, roughly flat from 74.45% in the prior quarter.
  • The five-year high for Gross Margin was 99.99% in Q1 2022, with the low at 71.3% in Q3 2022.
  • Average Gross Margin over 5 years is 76.86%, with a median of 74.14% recorded in 2026.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 2835 bps in 2022, then jumped 208 bps in 2024.
  • Over 5 years, Gross Margin stood at 72.97% in 2022, then grew by 1 bps to 73.92% in 2023, then advanced by 3 bps to 76.0% in 2024, then declined by 1 bps to 75.4% in 2025, then declined by 2 bps to 74.13% in 2026.
  • The last three Gross Margin figures came in at 74.13% (Q2 2026), 74.45% (Q1 2026), and 75.4% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Las Vegas Sands 28.23 Bn 24.85 Bn 1.81 Bn 57.23%
2 MGM Resorts International 10.30 Bn 7.75 Bn 3.10 Bn 69.69%
3 Wynn Resorts 9.26 Bn 7.69 Bn 1.14 Bn 61.15%
4 Caesars Entertainment 6.05 Bn 4.99 Bn 2.04 Bn 68.09%
5 Churchill Downs 5.87 Bn 5.67 Bn 712.00 Mn 72.65%
6 Boyd Gaming 5.64 Bn 5.31 Bn 766.76 Mn 74.13%
7 Red Rock Resorts 3.18 Bn 2.57 Bn 420.02 Mn 82.32%
8 PENN Entertainment 2.30 Bn 1.41 Bn 1.02 Bn 55.14%
9 Monarch Casino & Resort 2.15 Bn 2.01 Bn 38.62 Mn 27.09%
10 Melco Resorts & Entertainment 2.01 Bn 1.44 Bn 1.05 Bn 97.34%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 74.13%
Mar 31, 2026 74.45%
Dec 31, 2025 75.40%
Sep 30, 2025 74.15%
Jun 30, 2025 74.90%
Mar 31, 2025 75.18%
Dec 31, 2024 76.00%
Sep 30, 2024 73.76%
Jun 30, 2024 73.95%
Mar 31, 2024 74.42%
Dec 31, 2023 73.92%
Sep 30, 2023 72.15%
Jun 30, 2023 72.74%
Mar 31, 2023 74.09%
Dec 31, 2022 72.97%
Sep 30, 2022 71.30%
Jun 30, 2022 99.98%
Mar 31, 2022 99.99%
Dec 31, 2021 100.06%
Sep 30, 2021 99.64%