Subject of the day

BYD

Concerning the House

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 owns and operates casinos; Boyd Interactive, an online casino gaming business; and a travel agency. The company was formerly known as The Boyd Group and changed its name to Boyd Gaming Corporation in April 1993. Boyd Gaming Corporation was founded in 1975 and is headquartered in Las Vegas, Nevada.

United States · www.boydgaming.com

The Long Run

FY 2011–2025 · 15 years

Line	Latest	CAGR
Revenue	$4.09B	+7.5%
Operating income	$748.41M	+10.2%
Net income	$1.84B	+68.8%
Cash from ops	$957.08M	+11.7%

Quotation

$83.26

▲ +0.28 (+0.3%)

52w hi	$91.26
52w lo	$76.28
Vol	504.99K
As of	Aug 13

The Verdict

Hold

Our score -0.11

Short	+0.01
Medium	-0.23
Long	-0.13

computed 2026-08-13

By the Numbers

Boyd Gaming Corporation

Consumer Cyclical · Resorts & Casinos

Market cap	$6.05B
Enterprise value	$8.96B
Trailing P/E	3.69x
Forward P/E	10.73x
EV / EBITDA	7.64x
P / S (ttm)	1.48x
Profit margin	44.3%
Return on equity	93.1%
Revenue growth	+0.0%
Earnings growth	-4.9%
Debt / equity	130.47

Risk Metrics

Beta vs SPX	0.86
Corr SPX	0.51
Annual vol	27.4%
Annual ret	+23.1%
Sharpe	0.84
Max DD	-23.5%

Window: 504 trading days (504 obs)

Layer Breakdown

Layer	Raw	Contribution
Fundamental	+0.24
Sector	+0.01
Technical	+0.04
Earnings	+0.00
Sentiment	+0.00

macro × 1.00 · 2026-08-13

Recent Sessions

Date	Open	High	Low	Close	Vol
Aug 13	$83.50	$83.49	$82.67	$83.26	504.99K
Aug 12	$82.02	$83.16	$81.91	$82.98	824.10K
Aug 11	$81.73	$83.47	$81.73	$82.37	1.00M
Aug 10	$82.87	$83.09	$81.21	$81.46	911.60K
Aug 7	$83.76	$84.25	$83.23	$83.42	584.50K