profit from every $100 of sales.

Boyd Gaming
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $2.97 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Boyd Gaming sold, what it kept, and what it did with the cash.
Sales went from $3.56 billion in 2022 to $4.09 billion in 2025, with $1.84 billion of profit last year.
Boyd Gaming handed back more cash to shareholders than it generated last year.
Boyd Gaming vs. similar companies
Boyd Gaming grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Boyd Gaming | 3.0× · Cheap | ||
Galaxy Entertainment Group | 14.2× · Cheap | ||
MGM Resorts International | 41.1× · Expensive | ||
Genting Singapore | 19.0× · Fair price | ||
Vail Resorts | 37.4× · Expensive |
AI analysis
An AI analyst reads Boyd Gaming's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,178 | 3,370 | 3,555 | 3,738 | 3,930 | 4,092 | |
| – | – | 1,990 | 2,019 | 2,050 | 2,027 | |
| – | – | 1,022 | 1,010 | 938 | 877 | |
| 341 | 1,071 | 1,238 | 1,181 | 1,206 | 2,790 | |
| -135 | 464 | 639 | 620 | 578 | 1,843 | |
| -1.19 | 4.07 | 5.87 | 6.12 | 6.19 | 22.56 | |
| – | – | 56.0% | 54.0% | 52.2% | 49.5% | |
| – | – | 28.7% | 27.0% | 23.9% | 21.4% | |
| -6.2% | 13.8% | 18.0% | 16.6% | 14.7% | 45.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 6,559 | 6,224 | 6,311 | 6,273 | 6,392 | 6,575 |
| Cash | 519 | 345 | 283 | 304 | 317 | 353 |
| Total debt | 3,897 | 3,032 | 3,897 | 3,726 | 3,931 | 2,712 |
| Total liabilities | – | – | 4,721 | 4,529 | 4,810 | 3,967 |
| 1,124 | 1,539 | 1,591 | 1,744 | 1,582 | 2,608 | |
| 114 | 114 | 109 | 101 | 93 | 82 | |
| 0.9% | 13.9% | 14.1% | 13.3% | 13.3% | 36.9% | |
| -12.0% | 30.1% | 40.2% | 35.5% | 36.5% | 70.7% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 289 | 1,010 | 976 | 915 | 957 | 977 | |
| 175 | 199 | 269 | 374 | 400 | 673 | |
| 114 | 811 | 707 | 541 | 557 | 303 | |
| Dividends paid | 8 | 0 | 48 | 64 | 63 | 58 |
| 11 | 81 | 542 | 413 | 686 | 778 | |
| 9 | 38 | 34 | 32 | 30 | 32 |
Valuation
- 3.0×
- 10.8×
- –
- 2.1×
- 1.3×
- 18.0×
- 2.8×
- 5.5%
- 33.7%
- 0.9%
Profitability
- 49.5%
- 21.4%
- 45.0%
- 67.8%
- 37.9%
- 19.9%
- 79.9%
- 27.8%
- 14.7%
- 0.2%
Growth
- +13.4%
- –
- −30.2%
- –
- −9.2%
Financial health
- 0.8×
- 1.04
- 44.2%
- 15.8×
- 0.54
- 0.58
- 0.62
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $95.00
- Range
- $83.00 – $110.00
- 8 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | 1.60 | 1.76 | −9.1% |
| Feb 5, 2026 | 2.21 | 1.88 | +17.6% |
| Oct 23, 2025 | 1.72 | 1.62 | +6.2% |
| Jul 24, 2025 | 1.87 | 1.67 | +12.0% |
| Apr 24, 2025 | 1.62 | 1.52 | +6.6% |
| Feb 6, 2025 | 1.96 | 1.75 | +12.0% |
| Oct 24, 2024 | 1.52 | 1.38 | +10.1% |
| Jul 25, 2024 | 1.58 | 1.49 | +6.0% |
Paid per share, each year
$0.15 in 2017 → $0.72 in 2025
How safe it looks
3.2% of its profit
Room to growStretchedMore than it earns: 19.2%
News
Green Electronics Manufacturing - Global Strategic Business Report 2026: Capitalize on a 24.6% CAGR and $90.8 Billion by 2032, Led by Apple, BYD, Foxconn, Samsung, and SiemensYahoo Finance · Nov 5, 2026BYD's October vehicle sales rise as overseas demand offsets China weaknessSeeking Alpha · Nov 1, 2026BYD and Geely miss Q3 estimates; European trade restrictions cloud outlookSeeking Alpha · Oct 29, 2026Boyd targets $150M quarterly share repurchases while Norfolk resort stays on track for November 2027 openingSeeking Alpha · Oct 23, 2026BYD or Tesla: Which Is a Better Stock?Yahoo Finance · Oct 17, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
7/7Passes 7 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Boyd Gaming
Is Boyd Gaming a good stock to buy?
A strong, very profitable business, and the price looks low. 7 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Boyd Gaming AI analysis
What does Boyd Gaming do?
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States and Canada. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments. It is in Resorts & Casinos, based in Las Vegas, NV, United States, with 16,009 employees.
Does Boyd Gaming pay a dividend?
Yes. At today's price the dividend is 0.9% a year, about 3% of its yearly profit. In 2025 it paid out $58.2 million in dividends.
Is Boyd Gaming stock halal?
No. Boyd Gaming does not pass our halal screen: its main business, gambling, is not permitted. How we check
How has Boyd Gaming stock done over the past year?
Down 4.7% over the past twelve months, to $77.50. It traded between $66.07 and $91.26 and is 15.1% below its high.
Who are Boyd Gaming's competitors?
The largest listed companies in the same industry are Galaxy Entertainment Group, MGM Resorts International, Genting Singapore and Vail Resorts. The peers table on this page compares their profit, growth and price with Boyd Gaming's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



