Growth Metrics

Boyd Gaming (BYD) Operating Margin (2016 - 2025)

Boyd Gaming (BYD) has 16 years of Operating Margin data on record, last reported at 8.74% in Q4 2025.

  • For Q4 2025, Operating Margin fell 3384.0% year-over-year to 8.74%; the TTM value through Dec 2025 reached 11.96%, down 1165.0%, while the annual FY2025 figure was 11.96%, 1165.0% down from the prior year.
  • Operating Margin reached 8.74% in Q4 2025 per BYD's latest filing, down from 13.92% in the prior quarter.
  • Across five years, Operating Margin topped out at 29.81% in Q2 2021 and bottomed at 61.68% in Q4 2023.
  • Average Operating Margin over 5 years is 18.94%, with a median of 24.88% recorded in 2021.
  • Peak YoY movement for Operating Margin: crashed -8851bps in 2023, then skyrocketed 8678bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 24.65% in 2021, then grew by 9bps to 26.83% in 2022, then tumbled by -330bps to 61.68% in 2023, then skyrocketed by 141bps to 25.1% in 2024, then plummeted by -135bps to 8.74% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 8.74% in Q4 2025, 13.92% in Q3 2025, and 23.44% in Q2 2025.