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| Date | Value |
|---|---|
| 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% |