Boyd Gaming (BYD) Operating Leases (2019 - 2026)
Boyd Gaming (BYD) reported Operating Leases of $524.99 million for Q2 2026, down 10.2% from $584.52 million a year earlier and down 2.2% from the prior quarter.
Boyd Gaming (BYD) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Boyd Gaming posted Operating Leases of $554.25 million, down 15.0% from FY2024.
- Operating Leases has declined for five consecutive years, with a five-year compound annual growth rate of -8.2% (FY2020 to FY2025).
- By year, Operating Leases came in at $651.75 million in FY2024 (-8.4%), $711.39 million in FY2023 (-6.2%), $758.44 million in FY2022 (-7.1%) and $815.97 million in FY2021 (-3.9%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases in data going back to Q1 2019.
- Year over year, Operating Leases has now declined in each of the last 21 quarters, with an average decline of 11.8% over the last eight quarters.
- Over the past five years, the year-over-year decline in Operating Leases ranged from 2.3% (Q3 2021) to 15.0% (Q4 2025).
- Per Business Quant data, the three quarters before Q2 2026 came in at $536.75 million (Q1 2026), $554.25 million (Q4 2025) and $567.92 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.54 Bn | 10.64 Bn | 1.48 Bn |
| 2 | Flutter Entertainment | 13.66 Bn | 7.03 Bn | 1.71 Bn |
| 3 | DraftKings | 10.19 Bn | 5.85 Bn | 551.45 Mn |
| 4 | Madison Square Garden Sports | 9.99 Bn | 9.58 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 9.09 Bn | 8.33 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.77 Bn | 2.06 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.33 Bn | -1.71 Bn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.90 Bn | 2.34 Bn | 1.50 Bn |
| 10 | Boyd Gaming | 5.29 Bn | 3.92 Bn | 520.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 524.99 Mn |
| Mar 31, 2026 | 536.75 Mn |
| Dec 31, 2025 | 554.25 Mn |
| Sep 30, 2025 | 567.92 Mn |
| Jun 30, 2025 | 584.52 Mn |
| Mar 31, 2025 | 598.36 Mn |
| Dec 31, 2024 | 651.75 Mn |
| Sep 30, 2024 | 665.38 Mn |
| Jun 30, 2024 | 679.96 Mn |
| Mar 31, 2024 | 696.93 Mn |
| Dec 31, 2023 | 711.39 Mn |
| Sep 30, 2023 | 722.23 Mn |
| Jun 30, 2023 | 735.35 Mn |
| Mar 31, 2023 | 745.66 Mn |
| Dec 31, 2022 | 758.44 Mn |
| Sep 30, 2022 | 768.70 Mn |
| Jun 30, 2022 | 780.64 Mn |
| Mar 31, 2022 | 793.40 Mn |
| Dec 31, 2021 | 815.97 Mn |
| Sep 30, 2021 | 836.03 Mn |
Boyd Gaming Operating Leases 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=operating-leases&ticker=BYD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=BYD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();