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

Boyd Gaming (BYD) recorded quarterly Net Margin of 10.46% in Q1 2026, down 20.0% quarter-over-quarter from 13.07% in Q4 2025, and down 73.0% on a YoY basis from 38.73% in Q1 2025.

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

Boyd Gaming's Net Margin history runs 17 years deep, the most recent figure standing at 10.46% for Q1 2026.

  • In Q1 2026, Net Margin fell 73.0% year-over-year to 10.46%; the TTM figure through Mar 2026 stood at 44.71% (up 2935.0% YoY), while the FY2025 annual figure was 44.94%, up 2880.0% from the prior year.
  • Net Margin was 10.46% for Q1 2026 at Boyd Gaming, down from 13.07% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 143.26% in Q3 2025 to a low of 9.7% in Q4 2023.
  • Historically, Net Margin has averaged 23.54% across 5 years, with a median of 14.97% in 2023.
  • The sharpest annual moves came in 2023 and 2025: Net Margin plunged 1433 bps in 2023, then jumped 12962 bps in 2025.
  • A 5-year view of Net Margin shows it stood at 24.04% in 2022, then slumped by 60 bps to 9.7% in 2023, then surged by 124 bps to 21.78% in 2024, then sank by 40 bps to 13.07% in 2025, then fell by 20 bps to 10.46% in 2026.
  • The last three Net Margin figures came in at 10.46% (Q1 2026), 13.07% (Q4 2025), and 143.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Wynn Resorts 10.77 Bn 9.94 Bn 1.77 Bn 8.11%
2 Boyd Gaming 6.75 Bn 6.74 Bn 742.51 Mn 10.46%
3 Melco Resorts & Entertainment 6.64 Bn 6.49 Bn - 129.40%
4 Caesars Entertainment 5.96 Bn 5.18 Bn 2.71 Bn -2.89%
5 Vail Resorts 4.85 Bn 4.81 Bn - 20.84%
6 Hilton Grand Vacations 4.07 Bn 3.97 Bn 1.10 Bn 5.29%
7 Red Rock Resorts 3.34 Bn 3.31 Bn 491.72 Mn 16.31%
8 Marriott Vacations Worldwide 3.09 Bn 2.82 Bn 1.23 Bn 1.75%
9 PENN Entertainment 2.57 Bn 1.85 Bn 971.20 Mn -0.16%
10 Monarch Casino & Resort 2.19 Bn 2.07 Bn 34.95 Mn 20.21%

Historic Data

Download Data
DateValue
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 21.78%
Sep 30, 2024 13.64%
Jun 30, 2024 14.45%
Mar 31, 2024 14.21%
Dec 31, 2023 9.70%
Sep 30, 2023 14.97%
Jun 30, 2023 20.99%
Mar 31, 2023 20.72%
Dec 31, 2022 24.04%
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%
Jun 30, 2021 12.73%