Boyd Gaming annual debt-to-equity ratio
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2025
Boyd Gaming Debt-to-Equity Ratio Growth & History (BYD)
Boyd Gaming's debt-to-equity ratio was 1.04 for fiscal 2025.
View full Boyd Gaming company overviewBoyd Gaming annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.04 | −1.45 | −58.18% |
| 2024 | 2024-12-31 | 2.49 | 0.35 | +16.36% |
| 2023 | 2023-12-31 | 2.14 | −0.31 | −12.80% |
| 2022 | 2022-12-31 | 2.45 | −0.11 | −4.14% |
| 2021 | 2021-12-31 | 2.56 | −1.75 | −40.61% |
| 2020 | 2020-12-31 | 4.30 | 0.59 | +16.00% |
| 2019 | 2019-12-31 | 3.71 | 0.24 | +6.82% |
| 2018 | 2018-12-31 | 3.47 | 0.67 | +23.89% |
| 2017 | 2017-12-31 | 2.80 | −0.67 | −19.26% |
| 2016 | 2016-12-31 | 3.47 | −2.96 | −46.06% |
| 2015 | 2015-12-31 | 6.44 | −1.34 | −17.19% |
| 2014 | 2014-12-31 | 7.77 | −1.56 | −16.72% |
| 2013 | 2013-12-31 | 9.33 | −6.76 | −42.01% |
| 2012 | 2012-12-31 | 16.09 | 13.27 | +470.64% |
| 2011 | 2011-12-31 | 2.82 | 0.11 | +4.21% |
| 2010 | 2010-12-31 | 2.71 | — | — |
Boyd Gaming quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.30 | −1.75 | −57.36% |
| Q1 2026 | 2026-03-31 | 1.15 | −1.97 | −63.15% |
| Q4 2025 | 2025-12-31 | 1.04 | −1.45 | −58.18% |
| Q3 2025 | 2025-09-30 | 0.96 | −1.39 | −59.03% |
| Q2 2025 | 2025-06-30 | 3.06 | 0.87 | +39.90% |
| Q1 2025 | 2025-03-31 | 3.13 | 1.04 | +49.71% |
| Q4 2024 | 2024-12-31 | 2.49 | 0.35 | +16.36% |
| Q3 2024 | 2024-09-30 | 2.35 | 0.30 | +14.46% |
| Q2 2024 | 2024-06-30 | 2.18 | 0.08 | +3.83% |
| Q1 2024 | 2024-03-31 | 2.09 | −0.15 | −6.63% |
| Q4 2023 | 2023-12-31 | 2.14 | −0.31 | −12.80% |
| Q3 2023 | 2023-09-30 | 2.05 | −0.36 | −15.04% |
| Q2 2023 | 2023-06-30 | 2.10 | −0.36 | −14.76% |
| Q1 2023 | 2023-03-31 | 2.24 | −0.29 | −11.34% |
| Q4 2022 | 2022-12-31 | 2.45 | −0.11 | −4.14% |
| Q3 2022 | 2022-09-30 | 2.42 | −0.35 | −12.62% |
| Q2 2022 | 2022-06-30 | 2.47 | −0.61 | −19.91% |
| Q1 2022 | 2022-03-31 | 2.52 | −1.33 | −34.54% |
| Q4 2021 | 2021-12-31 | 2.56 | −1.75 | −40.61% |
| Q3 2021 | 2021-09-30 | 2.77 | −1.87 | −40.38% |
| Q2 2021 | 2021-06-30 | 3.08 | −2.67 | −46.45% |
| Q1 2021 | 2021-03-31 | 3.85 | −0.93 | −19.40% |
| Q4 2020 | 2020-12-31 | 4.30 | 0.59 | +16.00% |
| Q3 2020 | 2020-09-30 | 4.64 | 0.86 | +22.75% |
| Q2 2020 | 2020-06-30 | 5.75 | 1.78 | +44.62% |
| Q1 2020 | 2020-03-31 | 4.78 | 0.62 | +14.89% |
| Q4 2019 | 2019-12-31 | 3.71 | 0.24 | +6.82% |
| Q3 2019 | 2019-09-30 | 3.78 | 0.67 | +21.60% |
| Q2 2019 | 2019-06-30 | 3.98 | 0.91 | +29.77% |
| Q1 2019 | 2019-03-31 | 4.16 | 1.48 | +55.37% |
| Q4 2018 | 2018-12-31 | 3.47 | 0.67 | +23.89% |
| Q3 2018 | 2018-09-30 | 3.11 | 0.14 | +4.71% |
| Q2 2018 | 2018-06-30 | 3.07 | 0.00 | +0.04% |
| Q1 2018 | 2018-03-31 | 2.68 | −0.58 | −17.79% |
| Q4 2017 | 2017-12-31 | 2.80 | −0.67 | −19.26% |
| Q3 2017 | 2017-09-30 | 2.97 | −0.27 | −8.29% |
| Q2 2017 | 2017-06-30 | 3.07 | −3.27 | −51.65% |
| Q1 2017 | 2017-03-31 | 3.26 | −3.52 | −51.95% |
| Q4 2016 | 2016-12-31 | 3.47 | −2.96 | −46.06% |
| Q3 2016 | 2016-09-30 | 3.24 | −3.34 | −50.81% |
| Q2 2016 | 2016-06-30 | 6.34 | −0.80 | −11.26% |
| Q1 2016 | 2016-03-31 | 6.78 | −0.33 | −4.61% |
| Q4 2015 | 2015-12-31 | 6.44 | −1.34 | −17.19% |
| Q3 2015 | 2015-09-30 | 6.58 | −0.90 | −12.04% |
| Q2 2015 | 2015-06-30 | 7.14 | −1.88 | −20.84% |
| Q1 2015 | 2015-03-31 | 7.11 | −2.08 | −22.66% |
| Q4 2014 | 2014-12-31 | 7.77 | −1.56 | −16.72% |
| Q3 2014 | 2014-09-30 | 7.48 | −1.04 | −12.18% |
| Q2 2014 | 2014-06-30 | 9.03 | −4.91 | −35.22% |
| Q1 2014 | 2014-03-31 | 9.19 | −6.89 | −42.83% |
| Q4 2013 | 2013-12-31 | 9.33 | −6.76 | −42.01% |
| Q3 2013 | 2013-09-30 | 8.52 | 5.30 | +164.53% |
| Q2 2013 | 2013-06-30 | 13.93 | 11.02 | +378.86% |
| Q1 2013 | 2013-03-31 | 16.08 | 13.33 | +485.57% |
| Q4 2012 | 2012-12-31 | 16.09 | 13.27 | +470.64% |
| Q3 2012 | 2012-09-30 | 3.22 | 0.58 | +22.14% |
| Q2 2012 | 2012-06-30 | 2.91 | 0.25 | +9.43% |
| Q1 2012 | 2012-03-31 | 2.75 | — | — |
| Q4 2011 | 2011-12-31 | 2.82 | 0.11 | +4.21% |
| Q3 2011 | 2011-09-30 | 2.64 | — | — |
| Q2 2011 | 2011-06-30 | 2.66 | — | — |
| Q4 2010 | 2010-12-31 | 2.71 | — | — |
Boyd Gaming debt-to-equity ratio trends
Over the last five fiscal years, Boyd Gaming's debt-to-equity ratio decreased from 4.30 to 1.04, a change of −3.26. The latest reported quarter, Q2 2026, shows 1.30.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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