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BY

Boyd Gaming Corporation

BYDConsumer CyclicalNASDAQ

Resorts & Casinos

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Financials · Annual
Revenue
$4.09B
+4.1% YoY
Net Income
$1.84B
+218.9% YoY
EBITDA
$2.79B
+131.3% YoY
Free Cash Flow
$480.2M

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About Boyd Gaming Corporation

Part of the consumer cyclical sector, Boyd Gaming Corporation (BYD) is listed under Resorts & Casinos. At a $6.32B market cap, Boyd Gaming Corporation ranks as a mid-cap company within consumer cyclical. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments.

Key stats
Market Cap$6.32B
P/E (TTM)3.76
Fwd P/E10.86
EPS$22.62
Beta1.12
52W Change+15.3%
Dividend Yield0.89%
ROE94.3%
Analysis

On the balance sheet, BYD has $373.6M in cash with $2.92B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $480.2M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 94.3%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 8.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $3.56B to $4.09B.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. No single metric tells the full story. Reviewing BYD's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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