Boyd Gaming Corporation

Boyd Gaming Corporation reported strong financial results for fiscal year 2025, with total revenue of $4.09 billion and net income attributable to Boyd Gaming of $1.84 billion. The company generated operating income of $748.4 million and achieved basic earnings per share of $23.00. Key drivers included a significant gain on sale of investment of $1.75 billion, which contributed substantially to the net income figure. The company maintained solid operating cash flow of $976.7 million and invested $588.2 million in capital expenditures. Boyd Gaming's balance sheet shows total assets of $6.57 billion, with long-term debt of $2.05 billion and stockholders' equity of $2.61 billion. The company returned capital to shareholders through $778.3 million in share repurchases and $58.2 million in dividends paid during the year.

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