Boyd Gaming (STU:BO5) Pretax Margin %: 16.49% (As of Jun. 2026) — 32% Above Median

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STU:BO5 Boyd Gaming Corp STU:BO5
87 GF Score
Price €73.00
GF Value €79.30
Valuation Fairly Valued
! 4 Warning Signs
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What is Boyd Gaming Pretax Margin %?

Boyd Gaming STU:BO5 -0.68% 87 Pretax Margin % is 16.49% as of Jun. 2026, which is 32% above its 10-year median of 12.53. GuruFocus rates STU:BO5 with a GF Score™ of 87/100 and a GF Value™ of €79.30 (Fairly Valued). The stock has 4 warning signs investors should review. Among 843 Travel & Leisure companies, Boyd Gaming ranks better than 96.68% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Boyd Gaming's Pre-Tax Income for the three months ended in Jun. 2026 was €148 Mil. Boyd Gaming's Revenue for the three months ended in Jun. 2026 was €898 Mil. Therefore, Boyd Gaming's pretax margin for the quarter that ended in Jun. 2026 was 16.49%.

The historical rank and industry rank for Boyd Gaming's Pretax Margin % or its related term are showing as below:

STU:BO5' s Pretax Margin % Range Over the Past 10 Years
Min: -7.85   Med: 12.53   Max: 56.93
Current: 55.93


STU:BO5's Pretax Margin % is ranked better than
96.68% of 843 companies
in the Travel & Leisure industry
Industry Median: 6.24 vs STU:BO5: 55.93

Boyd Gaming  (STU:BO5) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Boyd Gaming Pretax Margin % Related Terms


Boyd Gaming Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Boyd Gaming's Pretax 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.

Boyd Gaming Pretax Margin % Chart

Boyd Gaming Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.92 23.31 20.14 19.13 56.93

Boyd Gaming Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pretax Margin % 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 18.68 183.40 13.41 13.74 16.49

STU:BO5 vs CZR, MTN, HGV: Pretax Margin % Comparison

For the Resorts & Casinos subindustry, Boyd Gaming's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Boyd Gaming's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Boyd Gaming's Pretax Margin % falls into.


STU:BO5
87GF Score
Boyd Gaming Corp STU:BO5
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boyd Gaming Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Boyd Gaming's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1989.539/3494.559
=56.93 %

Boyd Gaming's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=148.046/897.847
=16.49 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 16.49% mean?
Boyd Gaming (STU:BO5) has a Pretax Margin % of 16.49% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Boyd Gaming and its competitors. This is 32% above median its historical median of 12.53. According to the industry distribution chart, Boyd Gaming ranks #28 out of 843 companies in the Travel & Leisure industry, placing it in the top 3.3%.
Is Boyd Gaming's Pretax Margin % too high?
Boyd Gaming's current Pretax Margin % of 16.49% is 32% above median its 10-year median of 12.53. The Travel & Leisure industry median Pretax Margin % is 6.24. Boyd Gaming's value of 16.49% is 164.3% above this industry median. Based on the distribution chart, Boyd Gaming ranks #28 out of 843 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. 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 Pretax Margin % compare to CZR and MTN?
According to the Travel & Leisure industry distribution chart, Boyd Gaming ranks #28 out of 843 companies for Pretax Margin %. This places Boyd Gaming in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.24. Boyd Gaming's value of 16.49% is 164.3% above this benchmark. While the company's 10-year median is 12.53 vs. the industry median of 6.24, Boyd Gaming has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.24, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boyd Gaming's current Pretax Margin % of 16.49% is 164.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Boyd Gaming and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boyd Gaming's current Pretax Margin % is 16.49%, which is 32% above median its own 10-year median of 12.53. 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 (STU:BO5) is currently considered Fairly Valued. The stock's GF Value™ is €79.30, compared to a current price of €73.00 — trading 7.9% below its estimated fair value. The current Pretax Margin % is 16.49%, which is 32% above median its 10-year median of 12.53 and 164.3% above the Travel & Leisure industry median of 6.24. Boyd Gaming's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Boyd Gaming (STU:BO5), the current Pretax Margin % is 16.49% as of Jun. 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 (STU:BO5) Overvalued in 2026?

Based on GuruFocus' analysis, Boyd Gaming stock appears to be undervalued. The current stock price of €73.00 is trading 7.9% below its estimated GF Value™ of €79.30. GuruFocus considers Boyd Gaming to be Fairly Valued.

Key valuation signals for STU:BO5:

  • Pretax Margin %: 16.49% (32% above median its 10-year median of 12.53)
  • GF Value™: €79.30 vs. price of €73.00 (7.9% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 164.3% above the Travel & Leisure median (#28 of 843)

No single metric tells the full story. See the STU:BO5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Boyd Gaming Business Description

Other Exchanges BYD:USA
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. 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 STU:BO5

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€73.00
Price
€79.30
GF Value