Boyd Gaming (BYD) Net Margin (2010 - 2026)
Boyd Gaming's Net Margin was 12.69% in Q2 2026, down 1.96 percentage points from 14.65% a year earlier but up 2.10 percentage points from the prior quarter.
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Analysis
Boyd Gaming (BYD) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Boyd Gaming's Net Margin was 44.34% through Jun 30, 2026, up 30.33 percentage points year-over-year; for FY2025, it came in at 45.05%, up 30.34 percentage points from FY2024.
- Net Margin shows a five-year change of +51.23 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 14.71% in FY2024 (-1.88 pp), 16.58% in FY2023 (-1.40 pp), 17.98% in FY2022 (+4.22 pp) and 13.76% in FY2021 (+19.95 pp).
- Quarterly Net Margin has moved between 9.70% (Q4 2023) and 143.37% (Q3 2025) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of +15.82 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q3 2025 (a gain of 129.73 percentage points); the worst was Q4 2023 (a drop of 9.01 percentage points).
- Per Business Quant data, BYD's Net Margin in the three quarters before Q2 2026 was 10.58% (Q1 2026), 13.22% (Q4 2025) and 143.37% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 10.97% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -4.68% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -6.33% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 10.15% |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 11.70% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 7.54% |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 6.57% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | -2.07% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 17.54% |
| 10 | Boyd Gaming | 4.87 Bn | 3.50 Bn | 520.16 Mn | 12.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.69% |
| Mar 31, 2026 | 10.58% |
| Dec 31, 2025 | 13.22% |
| Sep 30, 2025 | 143.37% |
| Jun 30, 2025 | 14.65% |
| Mar 31, 2025 | 11.24% |
| Dec 31, 2024 | 16.38% |
| 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 | 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% |
API Access
Boyd Gaming Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BYD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BYD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BYD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();