Boyd Gaming Corporation (BYD)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 577,952 | 620,023 | 639,377 | 463,846 | -134,700 |
| Revenue | US$ in thousands | 3,930,190 | 3,738,490 | 3,555,380 | 3,369,810 | 2,178,490 |
| Net profit margin | 14.71% | 16.58% | 17.98% | 13.76% | -6.18% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $577,952K ÷ $3,930,190K
= 14.71%
Boyd Gaming Corporation's net profit margin has shown notable fluctuations over the five-year period provided. Starting at -6.18% on December 31, 2020, the company experienced a turnaround, achieving a positive net profit margin of 13.76% by December 31, 2021. This upward trend continued as the net profit margin improved to 17.98% by December 31, 2022. However, in the following year, there was a slight decline to 16.58% by December 31, 2023. By the end of the period on December 31, 2024, the net profit margin stood at 14.71%.
These fluctuations in the net profit margin indicate changes in Boyd Gaming Corporation's profitability over time. It is essential for investors and stakeholders to monitor these trends closely to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024