FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Boyd Gaming's Free Cash Flow for the
three
months ended in Mar. 2026 was $-21 Mil. Boyd Gaming's Revenue for the
three
months ended in Mar. 2026 was $997 Mil. Therefore, Boyd Gaming's FCF Margin % for the quarter that ended in Mar. 2026 was -2.09%.
The historical rank and industry rank for Boyd Gaming's FCF Margin % or its related term are showing as below:
BYD'
s FCF Margin % Range Over the Past 10 Years
Min: 4.79 Med: 10.33 Max: 24.07
Current: 4.79
During the past 13 years, the highest FCF Margin % of Boyd Gaming was 24.07%. The lowest was 4.79%. And the median was 10.33%.
BYD's FCF Margin % is ranked worse than 52.67% of 843
companies
in the Travel & Leisure industry
Industry Median: 5.86
vs BYD: 4.79
Boyd Gaming FCF Margin % Related Terms
Boyd Gaming FCF Margin % Historical Data
* Premium members only.
The historical data trend for Boyd Gaming's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Resorts & Casinos subindustry, Boyd Gaming's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Boyd Gaming FCF Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Boyd Gaming's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Boyd Gaming's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Boyd Gaming (BYD) has a FCF Margin % of -2.09% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Boyd Gaming and its competitors. Over the past decade, Boyd Gaming's FCF Margin % has ranged from 4.79 to 24.07. According to the industry distribution chart, Boyd Gaming ranks #444 out of 843 companies in the Travel & Leisure industry, placing it in the top 52.7%.
Is Boyd Gaming's FCF Margin % too high?
Boyd Gaming's current FCF Margin % is -2.09%. Over the past 10 years, this metric has ranged from a low of 4.79 to a high of 24.07. Based on the distribution chart, Boyd Gaming ranks #444 out of 843 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Boyd Gaming has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boyd Gaming's FCF Margin % compare to CZR and MTN?
According to the Travel & Leisure industry distribution chart, Boyd Gaming ranks #444 out of 843 companies for FCF Margin %. This places Boyd Gaming in the lower half of its industry. The industry median FCF Margin % is 5.86. Historically, Boyd Gaming's own FCF Margin % has ranged from 4.79 to 24.07 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Travel & Leisure company?
The median FCF Margin % among Travel & Leisure companies is 5.86, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Boyd Gaming and its competitors. For the Travel & Leisure industry, the median FCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boyd Gaming's current FCF Margin % is -2.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boyd Gaming stock overvalued right now?
Based on GuruFocus' analysis, Boyd Gaming (BYD) is currently considered Fairly Valued. The stock's GF Value™ is $90.26, compared to a current price of $89.90 — trading 0.4% below its estimated fair value. The current FCF Margin % is -2.09%. Boyd Gaming's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Boyd Gaming (BYD), the current FCF Margin % is -2.09% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Boyd Gaming (BYD) Overvalued in 2026?
Based on GuruFocus' analysis, Boyd Gaming stock appears to be undervalued.
The current stock price of $89.90 is trading 0.4% below its estimated GF Value™ of $90.26.
GuruFocus considers Boyd Gaming to be Fairly Valued.
Key valuation signals for BYD:
FCF Margin %: -2.09%
GF Value™: $90.26 vs. price of $89.90 (0.4% below fair value)
No single metric tells the full story. See the BYD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. The Midwest and South hold the key number of entertainment properties and generate the majority of the company's revenue.
87GF Score
Get the complete analysis for BYD
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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