BYD financial statements
The full income statement, balance sheet, and cash-flow statement for Boyd Gaming Corporation (BYD), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.09B+4.1% | 3.93B+5.1% | 3.74B+5.2% | 3.56B+5.5% | 3.37B+54.7% | |
| Selling, general & administrative | 433M+1.4% | 427M+9.6% | 390M+4.3% | 374M+2.1% | 366M+4.5% | |
| Amortization of intangibles | 19.1M+13.6% | 16.8M+0.5% | 16.7M+71.4% | 9.77M-22.5% | 12.6M-34.8% | |
| Operating income | 748M-19.3% | 928M+2.9% | 902M-8.1% | 981M+9.0% | 900M+6210.8% | |
| Interest expense | 158M-11.1% | 177M+3.6% | 171M+13.2% | 151M-24.2% | 199M-13.5% | |
| Interest & investment income | 4.83M+197.0% | 1.63M-93.2% | 23.9M+10.9% | 21.5M+1083.6% | 1.82M-4.3% | |
| Other non-operating income | 1.74B+17355170.0% | 10.0K+100.6% | -1.56M+45.8% | -2.88M+14.9% | -3.39M-107.5% | |
| Pre-tax income | 2.33B+209.8% | 752M-0.1% | 753M-9.2% | 829M+37.2% | 604M+453.2% | |
| Income tax | 491M+182.0% | 174M+31.0% | 133M-29.9% | 189M+35.2% | 140M+485.8% | |
| 1.84B+218.9% | 578M-6.8% | 620M-3.0% | 639M+37.8% | 464M+444.4% | ||
| Net income to non-controlling interest | -4.37M | 0.00 | 0.00 | — | — | |
| $22.56+264.5% | $6.19+1.1% | $6.12+4.3% | $5.87+44.2% | $4.07+442.0% | ||
| EPS (basic) | $22.56+264.5% | $6.19+1.1% | $6.12+4.3% | $5.87+44.2% | $4.07+442.0% | |
| Weighted-avg shares (basic) | 81.7M-12.4% | 93.3M-7.9% | 101M-6.9% | 109M-4.4% | 114M+0.3% | |
| Weighted-avg shares (diluted) | 81.7M-12.5% | 93.3M-7.9% | 101M-7.0% | 109M-4.5% | 114M+0.5% | |
| Dividends per share | $0.72+5.9% | $0.68+6.3% | $0.64+6.7% | $0.60 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 531M-5.5% | 562M+6.1% | 529M+10.7% | 478M-5.8% | 508M-21.9% | ||
| Cash & equivalents | 353M+11.6% | 317M+4.1% | 304M+7.3% | 283M-17.7% | 345M-33.6% | |
| Accounts receivable | 84.4M-36.2% | 132M-4.1% | 138M+26.4% | 109M+21.9% | 89.5M+67.4% | |
| Inventory | 20.2M-4.9% | 21.2M+2.6% | 20.7M-6.7% | 22.2M+10.4% | 20.1M-11.2% | |
| Prepaid expenses | 45.5M-19.7% | 56.6M-4.5% | 59.3M+20.1% | 49.4M+20.1% | 41.1M+4.9% | |
| 6.57B+2.9% | 6.39B+1.9% | 6.27B-0.6% | 6.31B+1.4% | 6.22B-5.1% | ||
| Property, plant & equipment | 2.87B+7.2% | 2.68B+5.4% | 2.54B+6.2% | 2.39B+0.0% | 2.39B-5.2% | |
| Operating lease right-of-use | 646M-12.2% | 736M-7.3% | 793M-4.5% | 830M-6.1% | 884M-4.8% | |
| Goodwill | 958M+0.0% | 958M+1.1% | 947M-8.4% | 1.03B+6.4% | 971M+0.0% | |
| Intangible assets | 1.47B+6.0% | 1.39B-0.1% | 1.39B-2.4% | 1.43B+4.3% | 1.37B-1.0% | |
| Other non-current assets | 93.5M+40.5% | 66.5M-1.9% | 67.8M-54.0% | 147M+50.1% | 98.2M-2.3% | |
| 979M+57.3% | 623M+4.4% | 596M+1.7% | 586M+5.2% | 557M+6.3% | ||
| Accounts payable | 151M+15.3% | 131M+5.3% | 125M-4.1% | 130M+27.4% | 102M+5.3% | |
| Accrued liabilities | 828M+85.0% | 447M+4.7% | 427M+3.8% | 412M-0.2% | 413M+4.2% | |
| Short-term & current debt | 0.00-100.0% | 44.0M-0.6% | 44.3M+0.0% | 44.3M+6.2% | 41.7M+35.6% | |
| Current lease liability | 112M+8.7% | 103M+4.0% | 98.9M+11.4% | 88.8M+4.6% | 84.9M-6.2% | |
| Long-term debt | 2.05B-34.7% | 3.13B+9.1% | 2.87B-4.5% | 3.01B+0.5% | 2.99B-22.7% | |
| Non-current lease liability | 554M-15.0% | 652M-8.4% | 711M-6.2% | 758M-7.1% | 816M-3.9% | |
| Operating lease liability (total) | 666M-11.7% | 755M-6.9% | 810M | — | — | |
| Deferred tax liabilities | 323M-6.8% | 347M+20.1% | 289M-9.3% | 319M+20.3% | 265M+102.1% | |
| Other non-current liabilities | 64.3M+14.1% | 56.4M-8.0% | 61.3M+17.4% | 52.2M-9.4% | 57.6M-10.5% | |
| 2.61B+64.9% | 1.58B-9.3% | 1.74B+9.6% | 1.59B+3.4% | 1.54B+36.9% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 764K-11.4% | 862K-11.0% | 968K-5.8% | 1.03M-7.6% | 1.11M-0.4% | |
| Additional paid-in capital | 0.00 | 0.00 | 0.00-100.0% | 305M-63.1% | 828M-5.6% | |
| Retained earnings | 2.61B+64.8% | 1.58B-9.2% | 1.74B+35.7% | 1.29B+81.1% | 710M+188.4% | |
| Accumulated other comprehensive income | -1.55M+35.5% | -2.40M-118.8% | -1.10M+20.5% | -1.38M-667.8% | -180K-220.0% | |
| Non-controlling interest | -617K | 0.00 | — | — | — | |
| Total equity incl. non-controlling | 2.61B+64.9% | 1.58B-9.3% | 1.74B+9.6% | 1.59B | — | |
| Total liabilities & equity | 6.57B+2.9% | 6.39B+1.9% | 6.27B-0.6% | 6.31B+1.4% | 6.22B-5.1% | |
| Common shares issued | 76.4M-11.4% | 86.2M | — | — | — | |
| Common shares outstanding | 76.4M-11.4% | 86.2M-11.0% | 96.8M-5.8% | 103M-7.6% | 111M-0.5% | |
| Shares outstanding (cover) | 75.5M-9.9% | 83.7M-12.8% | 96.1M-5.8% | 102M-7.3% | 110M-1.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 977M+2.0% | 957M+4.7% | 915M-6.3% | 976M-3.4% | 1.01B+249.6% | ||
| Depreciation & amortization | 303M+9.4% | 277M+7.7% | 257M-0.5% | 258M-3.6% | 268M-4.7% | |
| Intangible amortization | 19.1M+13.6% | 16.8M+0.5% | 16.7M+71.4% | 9.77M-22.5% | 12.6M-34.8% | |
| Share-based compensation | 32.1M+8.4% | 29.7M-8.4% | 32.4M-5.0% | 34.1M-9.8% | 37.8M+310.5% | |
| Deferred income taxes | 352M+527.4% | 56.2M+282.5% | -30.8M-162.6% | 49.2M-63.3% | 134M+469.6% | |
| Change in receivables | -48.0M-704.4% | -5.96M-120.7% | 28.8M+71.9% | 16.8M-53.5% | 36.0M+2790.6% | |
| Change in inventory | -1.05M-292.6% | 543K+136.7% | -1.48M-171.1% | 2.08M+182.5% | -2.53M-590.5% | |
| Other operating activities | -1.23M-113.5% | 9.12M+447.5% | 1.67M-82.5% | 9.52M-8.1% | 10.4M+147.6% | |
| 1.04B+340.3% | -434M-64.2% | -264M+37.4% | -422M-225.9% | -130M+24.3% | ||
| Capital expenditure | 588M+46.9% | 400M+7.1% | 374M+38.9% | 269M+34.9% | 199M+14.0% | |
| Free cash flow | 388M-30.2% | 557M+3.0% | 541M-23.5% | 707M-12.8% | 811M+611.4% | |
| Acquisitions | 0.00-100.0% | 30.3M | 0.00-100.0% | 168M | 0.00-100.0% | |
| Other investing activities | 10.2M+194.8% | 3.45M-12.2% | 3.94M-49.8% | 7.83M+217.4% | -6.67M | |
| -1.98B-289.1% | -510M+20.0% | -637M-3.5% | -616M+41.8% | -1.06B-821.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 900M+50.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 778M+13.5% | 686M+66.2% | 413M-23.8% | 542M+570.5% | 80.8M+626.4% | |
| Dividends paid | 58.2M-7.2% | 62.7M-1.5% | 63.6M+32.1% | 48.2M | 0.00-100.0% | |
| Other financing activities | -6.00K+96.5% | -172K+0.0% | -172K+86.2% | -1.25M+28.1% | -1.74M+20.2% | |
| Net change in cash | 37.4M+178.4% | 13.4M+4.4% | 12.9M+120.7% | -62.1M+65.1% | -178M-167.2% | |
| Interest paid | 151M-12.8% | 173M+3.9% | 167M+15.7% | 144M-29.8% | 205M-4.4% | |
| Income taxes paid | 132M-8.8% | 145M-12.1% | 164M+16.7% | 141M+2363.3% | 5.72M+192.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 6.43B+5.9% | 6.07B-0.9% | 6.13B+7.7% | 5.69B-21.1% | 7.21B+50.2% | |
| P/E | 3.5×-66.8% | 10.5×+20.1% | 8.8×-11.4% | 9.9×-36.5% | 15.6× | |
| P/S | 1.6×+1.7% | 1.5×-6.5% | 1.7×+2.0% | 1.6×-24.3% | 2.1×-2.9% | |
| P/B | 2.5×-35.8% | 3.8×+10.9% | 3.5×-6.2% | 3.7×-21.2% | 4.7×+9.7% | |
| P/FCF | 16.6×+51.8% | 10.9×+1.6% | 10.7×+37.3% | 7.8×-12.0% | 8.9×-78.9% | |
| Earnings yield | 28.6%+201.1% | 9.5%-16.7% | 11.4%+12.8% | 10.1%+57.5% | 6.4% | |
| FCF yield | 6.0%-34.1% | 9.2%-1.5% | 9.3%-27.2% | 12.8%+13.7% | 11.2%+373.5% | |
| Dividend yield | 0.84%-9.9% | 0.94%-8.3% | 1.0%-7.1% | 1.1% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: BYD’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BYD filings on SEC EDGAR → Not investment advice.
