Boyd Gaming (BYD) Net Margin (2010 - 2026)
Boyd Gaming (BYD) posted Net Margin of 12.56% for Q2 2026, up 20.12% on a QoQ basis from 10.46% in Q1 2026, and down 198.0% year-over-year from 12.82% in Q2 2025.
Analysis
Boyd Gaming (BYD) Net Margin (2010 - 2026) Analysis & Trends
Boyd Gaming has reported Net Margin for 17 years, with the latest figure at 12.56% in Q2 2026.
- On a quarterly basis, Net Margin fell 198.0% year-over-year to 12.56% in Q2 2026; TTM through Jun 2026 was 44.21%, a 3024.0% increase from a year earlier, with the FY2025 full-year figure at 44.94%, up 3023.0% from the prior year.
- Net Margin was 12.56% for Q2 2026 at Boyd Gaming, up from 10.46% in the prior quarter.
- The five-year high for Net Margin was 143.26% in Q3 2025, with the low at 6.48% in Q4 2023.
- Average Net Margin over 5 years is 22.16%, with a median of 14.76% recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Net Margin slumped 1223 bps in 2023, then surged 12962 bps in 2025.
- Over 5 years, Net Margin stood at 18.71% in 2022, then plunged by 65 bps to 6.48% in 2023, then soared by 153 bps to 16.38% in 2024, then slipped by 20 bps to 13.07% in 2025, then fell by 4 bps to 12.56% in 2026.
- The last three Net Margin figures came in at 12.56% (Q2 2026), 10.46% (Q1 2026), and 13.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.60 Bn | 24.22 Bn | 1.81 Bn | 11.83% |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 7.25% |
| 3 | Wynn Resorts | 9.08 Bn | 7.51 Bn | 1.14 Bn | 9.83% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | -1.37% |
| 5 | Churchill Downs | 5.84 Bn | 5.64 Bn | 712.00 Mn | 24.69% |
| 6 | Boyd Gaming | 5.62 Bn | 5.29 Bn | 766.76 Mn | 12.56% |
| 7 | Red Rock Resorts | 3.15 Bn | 2.55 Bn | 420.02 Mn | 15.01% |
| 8 | PENN Entertainment | 2.26 Bn | 1.37 Bn | 1.02 Bn | 1.76% |
| 9 | Monarch Casino & Resort | 2.16 Bn | 2.02 Bn | 38.62 Mn | 22.81% |
| 10 | Melco Resorts & Entertainment | 1.97 Bn | 1.39 Bn | 1.05 Bn | 3.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.56% |
| Mar 31, 2026 | 10.46% |
| Dec 31, 2025 | 13.07% |
| Sep 30, 2025 | 143.26% |
| Jun 30, 2025 | 14.54% |
| Mar 31, 2025 | 11.18% |
| Dec 31, 2024 | 16.38% |
| Sep 30, 2024 | 13.64% |
| Jun 30, 2024 | 14.45% |
| Mar 31, 2024 | 14.21% |
| Dec 31, 2023 | 6.48% |
| Sep 30, 2023 | 14.97% |
| Jun 30, 2023 | 20.99% |
| Mar 31, 2023 | 20.72% |
| Dec 31, 2022 | 18.71% |
| Sep 30, 2022 | 17.90% |
| Jun 30, 2022 | 16.41% |
| Mar 31, 2022 | 18.93% |
| Dec 31, 2021 | 12.48% |
| Sep 30, 2021 | 16.39% |