Boyd Gaming BYD
NYSE BYD
$67.25 +1.15 (+1.74%)
At close: Oct 2, 2026 · 4:00 PM EDT

Boyd Gaming (BYD) Return on Invested Capital [ROIC] (2011 - 2026)

Updated

Boyd Gaming (BYD) posted Return on Invested Capital [ROIC] of 10.69% for Q2 2026, down 3.69 percentage points from 14.38% a year earlier and down 1.23 percentage points from the prior quarter.

Analysis

Boyd Gaming (BYD) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends

For FY2025, Boyd Gaming's Return on Invested Capital [ROIC] came in at 12.55%, down 2.59 percentage points from FY2024.

  • Annual Return on Invested Capital [ROIC] has declined for three consecutive years, though with a five-year change of +12.33 percentage points (FY2020 to FY2025).
  • In prior years, Boyd Gaming's Return on Invested Capital [ROIC] was 15.14% in FY2024 (-0.83 pp), 15.97% in FY2023 (-0.47 pp), 16.44% in FY2022 (+2.02 pp) and 14.41% in FY2021 (+14.19 pp).
  • The Q2 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since Q1 2021.
  • On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last three quarters, with an average year-over-year change of -1.55 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2021, with a gain of 14.46 percentage points; the weakest was Q2 2024, with a drop of 3.98 percentage points.
  • According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 11.92% (Q1 2026), 12.82% (Q4 2025) and 13.78% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Las Vegas Sands 23.47 Bn 9.89 Bn 1.48 Bn 14.68%
2 DraftKings 16.53 Bn 12.19 Bn 551.45 Mn -15.70%
3 Flutter Entertainment 12.99 Bn 6.73 Bn 1.71 Bn -3.04%
4 Madison Square Garden Sports 9.80 Bn 9.40 Bn 119.21 Mn -
5 Life Time Group Holdings 9.15 Bn 8.39 Bn 412.26 Mn 8.48%
6 Wynn Resorts 7.85 Bn 1.40 Bn 758.95 Mn 10.11%
7 MGM Resorts International 7.67 Bn -517.04 Mn 1.98 Bn 10.62%
8 Light & Wonder 7.12 Bn 6.43 Bn 618.00 Mn 9.49%
9 Caesars Entertainment 6.04 Bn 2.66 Bn 1.50 Bn 11.14%
10 Boyd Gaming 4.92 Bn 3.55 Bn 520.16 Mn 10.69%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.69%
Mar 31, 2026 11.92%
Dec 31, 2025 12.82%
Sep 30, 2025 13.78%
Jun 30, 2025 14.38%
Mar 31, 2025 14.34%
Dec 31, 2024 15.08%
Sep 30, 2024 13.50%
Jun 30, 2024 13.63%
Mar 31, 2024 14.94%
Dec 31, 2023 15.91%
Sep 30, 2023 17.17%
Jun 30, 2023 17.61%
Mar 31, 2023 16.88%
Dec 31, 2022 16.73%
Sep 30, 2022 16.55%
Jun 30, 2022 16.00%
Mar 31, 2022 16.13%
Dec 31, 2021 14.69%
Sep 30, 2021 13.19%
API Access

Boyd Gaming Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=BYD&period=max&api_key=YOUR_API_KEY