GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Boyd Gaming Corp (NYSE:BYD) » Definitions » Property, Plant and Equipment

BYD (Boyd Gaming) Property, Plant and Equipment : $3,415 Mil (As of Dec. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Boyd Gaming Property, Plant and Equipment?

Boyd Gaming's quarterly net PPE declined from Jun. 2024 ($3,386 Mil) to Sep. 2024 ($3,380 Mil) but then increased from Sep. 2024 ($3,380 Mil) to Dec. 2024 ($3,415 Mil).

Boyd Gaming's annual net PPE increased from Dec. 2022 ($3,225 Mil) to Dec. 2023 ($3,336 Mil) and increased from Dec. 2023 ($3,336 Mil) to Dec. 2024 ($3,415 Mil).


Boyd Gaming Property, Plant and Equipment Historical Data

The historical data trend for Boyd Gaming's Property, Plant and Equipment 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.

* Premium members only.

Boyd Gaming Property, Plant and Equipment Chart

Boyd Gaming Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,454.70 3,278.43 3,224.58 3,335.85 3,414.89

Boyd Gaming Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,335.85 3,351.65 3,386.20 3,380.27 3,414.89

Boyd Gaming Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Boyd Gaming  (NYSE:BYD) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Boyd Gaming Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Boyd Gaming's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Boyd Gaming Business Description

Traded in Other Exchanges
Address
6465 South Rainbow Boulevard, Las Vegas, NV, USA, 89118
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. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.
Executives
Ted Bogich officer: Executive Vice President 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
Marianne Boyd Johnson director, officer: Executive Vice President
Uri Clinton officer: EVP,General Counsel,Secretary C/O MULTIMEDIA GAMES, INC., 206 WILD BASIN ROAD, BLDG. B, SUITE 400, AUSTIN TX 78746
Christine J. Spadafor director 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
Keith Smith director, officer: President & CEO
Josh Hirsberg officer: Exec. V.P., Treasurer & CFO C/O BOYD GAMING CORPORATION, 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
William R Boyd director, officer: Vice President C/O BOYD GAMING CORPORATION, 6465 S. RAINBOW BOULEVARD, LAS VEGAS NV 89118
William S Boyd director, 10 percent owner, officer: Co-Executive Chair 2950 SOUTH INDUSTRIAL ROAD, LAS VEGAS NV 89109
A. Randall Thoman director 8360 S. DURANGO DR., LAS VEGAS NV 89113
Stephen S. Thompson officer: Executive Vice President 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
Lori M. Nelson officer: SVP Fin Ops and Reporting 6465 S. RAINBOW BOULEVARD, LAS VEGAS NV 89118
Veronica J Wilson director C/O BOYD GAMING, 2950 INDUSTRIAL RD, LAS VEGAS NV 89109
Anthony D Mcduffie officer: VP & Chief Accounting Officer C/O BOYD GAMING CORPORATION, 6465 SOUTH RAINBOW BLVD, LAS VEGAS NV 89118
Peter M Thomas director 2300 W. SAHARA AVENUE, BOX ONE, LAS VEGAS NV 89102
Paul W Whetsell director 4501 NORTH FAIRFAX DRIVE, SUITE 800, ARLINGTON VA 22203