Boyd Gaming free cash flow BYD
Cash from operations less capital spending, by quarter and over the last twelve months, from 2010.
- Last 12 months, to Jun 30, 2026
- $35.1M
- Latest quarter, Q2 FY26
- −$165.5M
- −305% on a year earlier
- Fiscal year 2025
- $388.5M
- −30% on the year before
Boyd Gaming's free cash flow was $35.1M over the twelve months to Jun 30, 2026, down 92% on a year earlier.
In its latest quarter, Q2 FY26, it was −$165.5M, down 305% on the same quarter a year before.
Over the five fiscal years to FY2025 it grew 28% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $388.5M | −30% |
| FY2024 | $556.7M | +3% |
| FY2023 | $540.6M | −24% |
| FY2022 | $707M | −13% |
| FY2021 | $811M | +611% |
| FY2020 | $114M | −67% |
| FY2019 | $341.4M | +25% |
| FY2018 | $273M | +18% |
| FY2017 | $232.1M | +63% |
| FY2016 | $142.5M | −32% |
| FY2015 | $208.7M | +20% |
| FY2014 | $173.5M | +31% |
| FY2013 | $132.5M | +513% |
| FY2012 | $21.6M | n/a |
| FY2011 | n/a | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | −$165.5M | −305% | $35.1M | |
| Q1 FY26 | −$20.8M | −124% | $281.1M | |
| Q4 FY25 | $127M | −16% | $388.5M | |
| Q3 FY25 | $94.4M | −35% | $412.4M | |
| Q2 FY25 | $80.6M | −18% | $464M | |
| Q1 FY25 | $86.5M | −46% | $482.1M | |
| Q4 FY24 | $150.9M | +23% | $556.7M | |
| Q3 FY24 | $146M | +16% | $528.1M | |
| Q2 FY24 | $98.7M | −7% | $508.5M | |
| Q1 FY24 | $161.1M | −13% | $515.6M | |
| Q4 FY23 | $122.3M | −19% | $540.6M | |
| Q3 FY23 | $126.3M | −36% | $570.2M |
Against its peers
Companies in Travel Lodging nearest Boyd Gaming's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| BYDBoyd Gaming | 0.7% |
| RRRRed Rock Resorts | 3.7% |
| WHWyndham Hotels & Resorts | 6.3% |
| CHHChoice Hotels International | 3.1% |
| TNLTravel & Leisure | 11.1% |
| MGMMGM Resorts International | 21.2% |
| WYNNWynn Resorts | 10.6% |
| HGVHilton Grand Vacations | 14.8% |
| SHOSunstone Hotel Investors | 4.2% |
| MCRIMonarch Casino & Resort | 7.6% |
| HHyatt Hotels | 1.5% |
| Peer median | 6.9% |
Where Boyd Gaming ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Boyd Gaming
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.