Boyd Gaming Corporation (BYD)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 54.22% | 52.55% | 47.36% | 49.77% | 52.17% | 54.58% | 55.23% | 55.50% | 55.98% | 56.23% | 56.61% | 57.31% | 57.49% | 57.20% | 57.30% | 56.06% | 52.39% | 50.16% | 47.24% | 47.17% |
| Operating profit margin | 23.87% | 24.33% | 24.65% | 25.44% | 26.89% | 26.83% | 27.55% | 27.74% | 27.60% | 27.06% | 26.92% | 27.53% | 26.71% | 25.42% | 23.80% | 15.36% | 8.51% | 7.95% | 6.89% | 12.21% |
| Pretax margin | 19.13% | 16.89% | 17.23% | 17.97% | 20.14% | 23.35% | 24.23% | 23.97% | 23.31% | 21.30% | 20.79% | 19.56% | 17.92% | 17.67% | 15.12% | 6.77% | 0.00% | -2.86% | -3.30% | 4.02% |
| Net profit margin | 14.71% | 13.01% | 13.32% | 14.91% | 16.58% | 18.89% | 19.61% | 18.48% | 17.98% | 16.41% | 16.03% | 15.09% | 13.76% | 13.99% | 11.49% | 5.11% | -0.25% | -2.71% | -2.48% | 2.95% |
Boyd Gaming Corporation's profitability ratios have shown fluctuations over the past few years.
The Gross Profit Margin started at around 47% in early 2020, increased steadily to a peak of 57.49% by the end of 2021, but then declined to 52.17% by the end of 2023 and further dropped to 54.22% by December 2024.
The Operating Profit Margin was volatile, with a low of 6.89% in June 2020, followed by significant improvement to reach 27.55% in June 2023. However, it decreased slightly to 23.87% by December 2024.
The Pretax Margin experienced a negative trend initially in mid-2020 but recovered and peaked at 24.23% by June 2023. It declined thereafter to 19.13% by the end of 2024.
The Net Profit Margin showed a similar trend as the Pretax Margin, starting negative in 2020 but steadily increasing to 19.61% by June 2023. It dipped to 13.01% by September 2024 but recovered slightly to 14.71% by December 2024.
Overall, Boyd Gaming Corporation's profitability ratios have displayed some volatility, with periods of both growth and decline in profitability over the analyzed period.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.68% | 14.84% | 14.90% | 15.26% | 15.41% | 15.76% | 16.08% | 16.05% | 15.55% | 15.69% | 15.47% | 15.32% | 14.46% | 12.22% | 11.10% | 5.16% | 2.83% | 2.88% | 2.36% | 5.53% |
| Return on assets (ROA) | 9.04% | 7.93% | 8.05% | 8.94% | 9.51% | 11.09% | 11.45% | 10.69% | 10.13% | 9.52% | 9.22% | 8.39% | 7.45% | 6.73% | 5.36% | 1.72% | -0.08% | -0.98% | -0.85% | 1.34% |
| Return on total capital | 58.77% | 50.43% | 46.92% | 46.84% | 50.77% | 55.06% | 56.87% | 57.49% | 57.42% | 55.69% | 55.19% | 57.35% | 53.56% | 52.15% | 52.38% | 30.30% | 7.06% | 4.19% | 2.50% | 21.49% |
| Return on equity (ROE) | 36.54% | 30.64% | 29.45% | 31.73% | 35.55% | 39.59% | 41.28% | 40.71% | 40.20% | 37.41% | 36.47% | 33.82% | 30.14% | 29.00% | 24.83% | 9.35% | -0.49% | -6.17% | -6.28% | 8.44% |
Boyd Gaming Corporation's profitability ratios show a positive trend over the analyzed period, reflecting improving performance.
1. Operating Return on Assets (Operating ROA) increased steadily from 5.53% in March 2020 to 14.68% in December 2024, indicating the company's effectiveness in generating profits from its operating assets.
2. Return on Assets (ROA) also exhibited a positive growth trajectory, starting at -0.85% in June 2020 and reaching 9.04% by December 2024. This signifies the company's ability to generate profits relative to its total assets.
3. Return on Total Capital showed a fluctuating pattern but generally increased from 2.50% in June 2020 to 58.77% in December 2024, showcasing the company's efficient utilization of total capital to generate returns for shareholders.
4. Return on Equity (ROE) demonstrated consistent growth, rising from -6.28% in June 2020 to 36.54% by December 2024. This indicates the company's ability to provide a strong return on equity investment for its shareholders.
Overall, Boyd Gaming Corporation's profitability ratios depict an upward trajectory, suggesting improved operational efficiency and financial performance over the analyzed period.