BYD (Boyd Gaming) Shares Buyback Ratio %: 9.23 (As of Sep. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BYD Boyd Gaming Corp BYD
89 GF Score
Price $75.11
GF Value $91.40
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Boyd Gaming Shares Buyback Ratio %?

Boyd Gaming BYD -1.85% 89 Shares Buyback Ratio % is 9.23 as of Sep. 09, 2026. GuruFocus rates BYD with a GF Score™ of 89/100 and a GF Value™ of $91.40 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. Boyd Gaming's current shares buyback ratio was 9.23%.


Boyd Gaming Shares Buyback Ratio % Related Terms


Boyd Gaming Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for Boyd Gaming's Shares Buyback Ratio % 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 Shares Buyback Ratio % Chart

Boyd Gaming Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 7.63 5.82 11.00 11.39

Boyd Gaming Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shares Buyback Ratio % 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 1.63 2.36 2.90 2.01 2.30
BYD
89GF Score
Boyd Gaming Corp BYD
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boyd Gaming Shares Buyback Ratio % Calculation

Boyd Gaming's Shares Buyback Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Dec. 2024 ) - Shares Outstanding (EOP) (A: Dec. 2025 )) / Shares Outstanding (EOP) (A: Dec. 2024 )
=(86.184 - 76.368) / 86.184
=11.39%

Boyd Gaming's Shares Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2026 ) - Shares Outstanding (EOP) (A: Jun. 2026 )) / Shares Outstanding (EOP) (A: Mar. 2026 )
=(74.833 - 73.114) / 74.833
=2.30%

* 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 Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of 9.23 mean?
Boyd Gaming (BYD) has a Shares Buyback Ratio % of 9.23 as of Sep. 09, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Boyd Gaming and its competitors.
Is Boyd Gaming's Shares Buyback Ratio % too high?
Boyd Gaming's current Shares Buyback Ratio % is 9.23. Overall, Boyd Gaming has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boyd Gaming's Shares Buyback Ratio % compare to CZR and MTN?
Boyd Gaming's Shares Buyback Ratio % of 9.23 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Buyback Ratio % for a Travel & Leisure company?
A good Shares Buyback Ratio % depends on the Travel & Leisure industry context. However, Shares Buyback Ratio % 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 Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Boyd Gaming and its competitors. Boyd Gaming's current Shares Buyback Ratio % is 9.23. 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 Modestly Undervalued. The stock's GF Value™ is $91.40, compared to a current price of $75.11 — trading 17.8% below its estimated fair value. The current Shares Buyback Ratio % is 9.23. Boyd Gaming's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For Boyd Gaming (BYD), the current Shares Buyback Ratio % is 9.23 as of Sep. 09, 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 $75.11 is trading 17.8% below its estimated GF Value™ of $91.40. GuruFocus considers Boyd Gaming to be Modestly Undervalued.

Key valuation signals for BYD:

  • Shares Buyback Ratio %: 9.23
  • GF Value™: $91.40 vs. price of $75.11 (17.8% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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 Business Description

Other Exchanges BO5:Germany
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.
89GF Score

Get the complete analysis for BYD

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

$75.11
Price
$91.40
GF Value