Boyd Gaming (BYD) Return on Capital Employed [ROCE] (2011 - 2026)
Boyd Gaming's Return on Capital Employed [ROCE] came in at 11.13% for Q2 2026, down 4.56 percentage points from 15.69% a year earlier and down 1.34 percentage points from the prior quarter.
Boyd Gaming (BYD) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Boyd Gaming's Return on Capital Employed [ROCE] was 13.60%, down 2.65 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +13.36 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 16.25% in FY2024 (+0.42 pp), 15.83% in FY2023 (-1.44 pp), 17.27% in FY2022 (+1.84 pp) and 15.43% in FY2021 (+15.19 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since Q1 2021.
- Year-over-year, Return on Capital Employed [ROCE] has declined for three consecutive quarters, with an average year-over-year change of -1.29 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q4 2021 (a gain of 15.27 percentage points), and the weakest in Q2 2026 (a drop of 4.56 percentage points).
- Business Quant data shows BYD's Return on Capital Employed [ROCE] at 12.48% (Q1 2026), 13.45% (Q4 2025) and 15.13% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.47 Bn | 9.89 Bn | 1.48 Bn | 18.16% |
| 2 | DraftKings | 16.53 Bn | 12.19 Bn | 551.45 Mn | -6.65% |
| 3 | Flutter Entertainment | 12.99 Bn | 6.73 Bn | 1.71 Bn | -2.75% |
| 4 | Madison Square Garden Sports | 9.80 Bn | 9.40 Bn | 119.21 Mn | 3.28% |
| 5 | Life Time Group Holdings | 9.15 Bn | 8.39 Bn | 412.26 Mn | 7.26% |
| 6 | Wynn Resorts | 7.85 Bn | 1.40 Bn | 758.95 Mn | 11.51% |
| 7 | MGM Resorts International | 7.67 Bn | -517.04 Mn | 1.98 Bn | 2.72% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 11.77% |
| 9 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 6.32% |
| 10 | Boyd Gaming | 4.92 Bn | 3.55 Bn | 520.16 Mn | 11.13% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.13% |
| Mar 31, 2026 | 12.48% |
| Dec 31, 2025 | 13.45% |
| Sep 30, 2025 | 15.13% |
| Jun 30, 2025 | 15.69% |
| Mar 31, 2025 | 15.66% |
| Dec 31, 2024 | 16.21% |
| Sep 30, 2024 | 14.49% |
| Jun 30, 2024 | 14.49% |
| Mar 31, 2024 | 14.80% |
| Dec 31, 2023 | 15.83% |
| Sep 30, 2023 | 17.37% |
| Jun 30, 2023 | 17.58% |
| Mar 31, 2023 | 17.73% |
| Dec 31, 2022 | 17.53% |
| Sep 30, 2022 | 17.35% |
| Jun 30, 2022 | 16.67% |
| Mar 31, 2022 | 16.93% |
| Dec 31, 2021 | 15.51% |
| Sep 30, 2021 | 13.63% |
Boyd Gaming Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=BYD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=BYD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();