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

Boyd Gaming has reported Operating Margin for 17 years, with the latest figure at 19.4% in Q2 2026.

• On a quarterly basis, Operating Margin fell 404.0% year-over-year to 19.4% in Q2 2026; TTM through Jun 2026 was 16.37%, a 656.0% decrease from a year earlier, with the FY2025 full-year figure at 18.29%, down 532.0% from the prior year.
• Operating Margin was 19.4% for Q2 2026 at Boyd Gaming, up from 16.44% in the prior quarter.
• The five-year high for Operating Margin was 29.55% in Q1 2023, with the low at 13.92% in Q3 2025.
• Average Operating Margin over 5 years is 22.8%, with a median of 23.46% recorded in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Margin plunged 1059 bps in 2023, then surged 886 bps in 2024.
• Over 5 years, Operating Margin stood at 26.83% in 2022, then slumped by 39 bps to 16.25% in 2023, then jumped by 55 bps to 25.1% in 2024, then sank by 38 bps to 15.67% in 2025, then rose by 24 bps to 19.4% in 2026.
• The last three Operating Margin figures came in at 19.4% (Q2 2026), 16.44% (Q1 2026), and 15.67% (Q4 2025), per Business Quant data.