Boyd Gaming (BYD) Tax Rate (2010 - 2026)
Boyd Gaming (BYD) posted Tax Rate of 23.83% for Q2 2026, little changed on a QoQ basis from 23.88% in Q1 2026, and up 168.0% year-over-year from 8.89% in Q2 2025.
Analysis
Boyd Gaming (BYD) Tax Rate (2010 - 2026) Analysis & Trends
Boyd Gaming has reported Tax Rate for 17 years, with the latest figure at 23.83% in Q2 2026.
- On a quarterly basis, Tax Rate rose 168.0% year-over-year to 23.83% in Q2 2026; TTM through Jun 2026 was 20.95%, a 250.0% decrease from a year earlier, with the FY2025 full-year figure at 21.07%, down 208.0% from the prior year.
- Tax Rate was 23.83% for Q2 2026 at Boyd Gaming, roughly flat from 23.88% in the prior quarter.
- The five-year high for Tax Rate was 45.39% in Q4 2023, with the low at 2.49% in Q4 2025.
- Average Tax Rate over 5 years is 22.39%, with a median of 23.0% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 2185 bps in 2023, then slumped 2431 bps in 2024.
- Over 5 years, Tax Rate stood at 23.54% in 2022, then surged by 93 bps to 45.39% in 2023, then slumped by 54 bps to 21.08% in 2024, then tumbled by 88 bps to 2.49% in 2025, then jumped by 858 bps to 23.83% in 2026.
- The last three Tax Rate figures came in at 23.83% (Q2 2026), 23.88% (Q1 2026), and 2.49% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 19.09% |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 21.94% |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 8.15% |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 22.64% |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 26.22% |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 23.83% |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 14.97% |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 17.88% |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 17.38% |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | -5.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.83% |
| Mar 31, 2026 | 23.88% |
| Dec 31, 2025 | 2.49% |
| Sep 30, 2025 | 21.89% |
| Jun 30, 2025 | 22.14% |
| Mar 31, 2025 | 27.12% |
| Dec 31, 2024 | 21.08% |
| Sep 30, 2024 | 24.63% |
| Jun 30, 2024 | 24.21% |
| Mar 31, 2024 | 23.10% |
| Dec 31, 2023 | 45.39% |
| Sep 30, 2023 | 23.66% |
| Jun 30, 2023 | 5.43% |
| Mar 31, 2023 | 22.90% |
| Dec 31, 2022 | 23.54% |
| Sep 30, 2022 | 22.80% |
| Jun 30, 2022 | 22.28% |
| Mar 31, 2022 | 22.70% |
| Dec 31, 2021 | 24.45% |
| Sep 30, 2021 | 22.49% |