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

Boyd Gaming (BYD) recorded quarterly Gross Margin of 74.45% in Q1 2026, down 24.61% quarter-over-quarter from 98.75% in Q4 2025, and down 2390.0% on a YoY basis from 3.25% in Q1 2025.

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

Boyd Gaming's Gross Margin history runs 17 years deep, the most recent figure standing at 74.45% for Q1 2026.

  • In Q1 2026, Gross Margin fell 2390.0% year-over-year to 74.45%; the TTM figure through Mar 2026 stood at 80.79% (down 2250.0% YoY), while the FY2025 annual figure was 98.75%, up 5.0% from the prior year.
  • Gross Margin was 74.45% for Q1 2026 at Boyd Gaming, down from 98.75% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 148.91% in Q4 2023 to a low of 70.95% in Q1 2022.
  • Historically, Gross Margin has averaged 91.87% across 5 years, with a median of 96.27% in 2022.
  • Biggest YoY gain for Gross Margin was 10517 bps in 2022; the steepest drop was 2890 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 96.27% in 2022, then surged by 55 bps to 148.91% in 2023, then fell by 15 bps to 126.07% in 2024, then declined by 22 bps to 98.75% in 2025, then dropped by 25 bps to 74.45% in 2026.
  • The last three Gross Margin figures came in at 74.45% (Q1 2026), 98.75% (Q4 2025), and 74.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 95.16%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 74.45%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - -
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn 94.56%
5 Vail Resorts 4.85 Bn 4.81 Bn - -
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 85.91%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 96.92%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 97.77%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn 54.59%
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn 25.59%

Historic Data

Download Data
DateValue
Mar 31, 2026 74.45%
Dec 31, 2025 98.75%
Sep 30, 2025 74.15%
Jun 30, 2025 74.90%
Mar 31, 2025 98.34%
Dec 31, 2024 126.07%
Sep 30, 2024 98.76%
Jun 30, 2024 88.35%
Mar 31, 2024 98.66%
Dec 31, 2023 148.91%
Sep 30, 2023 72.15%
Jun 30, 2023 72.74%
Mar 31, 2023 98.80%
Dec 31, 2022 96.27%
Sep 30, 2022 97.97%
Jun 30, 2022 71.55%
Mar 31, 2022 70.95%
Dec 31, 2021 -8.90%
Sep 30, 2021 70.38%
Jun 30, 2021 98.76%