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.