Boyd Gaming Corp. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'25

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Net Sales

4,091.99

3,930.19

3,738.49

3,555.38

3,369.81

2,178.49

3,326.12

Other Operating Income

0.00

Total Operating income

4,091.99

3,930.19

3,738.49

3,555.38

3,369.81

2,178.49

3,326.12

Raw Material Cost

2,367.50

2,157.03

1,976.70

1,823.38

1,700.27

1,318.12

2,012.79

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

157.64

177.41

171.25

151.25

199.41

230.40

237.32

Selling and Distribution Expenses

747.09

750.03

686.65

635.43

634.16

536.90

714.37

Other Expenses

-15.76

-17.74

-17.12

-15.12

-19.94

-23.04

-23.73

Total Expenditure (Excl Depreciation)

3,114.58

2,907.06

2,663.35

2,458.81

2,334.42

1,855.02

2,727.16

Operating Profit (PBDIT) excl Other Income

977.4

1023.1

1075.1000000000001

1096.6

1035.4

323.5

599

Other Income

1,740.35

1.64

22.32

18.65

-1.62

46.81

2.01

Operating Profit (PBDIT)

2,919.86

1,216.65

1,289.47

1,356.93

1,246.37

577.98

786.08

Interest

157.64

177.41

171.25

151.25

199.41

230.40

237.32

Exceptional Items

-129.84

-10.60

-108.54

-53.49

-129.63

-181.98

-38.53

Gross Profit (PBDT)

1,724.49

1,773.17

1,761.79

1,731.99

1,669.54

860.37

1,313.33

Depreciation

302.71

276.64

256.78

323.38

313.39

336.61

308.09

Profit Before Tax

2,329.67

752.00

752.91

828.81

603.94

-171.01

202.13

Tax

490.77

174.05

132.88

189.43

140.09

-36.31

44.49

Provisions and contingencies

0.00

Profit After Tax

1,843.27

577.95

620.02

639.38

463.85

-134.70

157.64

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,843.27

577.95

620.02

639.38

463.85

-134.70

157.64

Share in Profit of Associates

0.00

Minority Interest

-4.37

0.00

Other related items

0.00

Consolidated Net Profit

1,838.90

577.95

620.02

639.38

463.85

-134.70

157.64

Equity Capital

0.00

Face Value

0.01

Reserves

2,608.50

1,581.51

1,744.10

1,590.62

1,538.75

1,123.94

1,265.24

Earnings per share (EPS)

22.56

6.19

6.12

5.87

4.07

-1.19

1.38

Diluted Earnings per share

22.56

6.19

6.12

5.87

4.07

-1.19

1.38

Operating Profit Margin (Excl OI)

21.43%

23.88%

27.03%

28.55%

27.73%

8.93%

14.31%

Gross Profit Margin

64.33%

26.17%

27.01%

32.41%

27.22%

7.6%

15.34%

PAT Margin

45.05%

14.71%

16.58%

17.98%

13.76%

-6.18%

4.74%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2025 is 4.12% vs 5.13% in Dec 2024

Consolidate Net Profit

YoY Growth in year ended Dec 2025 is 218.15% vs -6.77% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2025 is -2.92% vs -4.11% in Dec 2024

Interest

YoY Growth in year ended Dec 2025 is -11.16% vs 3.62% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2025 has fallen from Dec 2024

Compare Annual Results Of Boyd Gaming Corp. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(USD)

Change(%)

Net Sales

4,091.99

2,504.00

1,587.99

63.42%

Other Operating Income

0.00

Total Operating income

4,091.99

2,504.00

1,587.99

63.42%

Raw Material Cost

2,367.50

1,465.00

902.50

61.60%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

157.64

203.00

-45.36

-22.34%

Selling and Distribution Expenses

747.09

338.00

409.09

121.03%

Other Expenses

-15.76

-15.60

-0.16

-1.03%

Total Expenditure (Excl Depreciation)

3,114.58

1,850.00

1,264.58

68.36%

Operating Profit (PBDIT) excl Other Income

977.41

654.00

323.41

49.45%

Other Income

1,740.35

-104.00

1,844.35

1,773.41%

Operating Profit (PBDIT)

2,919.86

1,000.00

1,919.86

191.99%

Interest

157.64

203.00

-45.36

-22.34%

Exceptional Items

-129.84

-47.00

-82.84

-176.26%

Gross Profit (PBDT)

1,724.49

1,039.00

685.49

65.98%

Depreciation

302.71

450.00

-147.29

-32.73%

Profit Before Tax

2,329.67

300.00

2,029.67

676.56%

Tax

490.77

165.00

325.77

197.44%

Provisions and contingencies

0.00

Profit After Tax

1,843.27

-1.00

1,844.27

184,427.00%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,843.27

-1.00

1,844.27

184,427.00%

Share in Profit of Associates

0.00

Minority Interest

-4.37

136.00

-140.37

-103.21%

Other related items

0.00

Consolidated Net Profit

1,838.90

135.00

1,703.90

1,262.15%

Equity Capital

0.00

Face Value

0.01

0.10

0.00

Reserves

2,608.50

875.00

1,733.50

198.11%

Earnings per share (EPS)

22.56

0.36

22.20

6,166.67%

Diluted Earnings per share

22.56

0.36

22.20

6,166.67%

Operating Profit Margin (Excl OI)

21.43%

26.12%

0.00

-4.69%

Gross Profit Margin

64.33%

29.95%

0.00

34.38%

PAT Margin

45.05%

-0.04%

0.00

45.09%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 409.20 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 4.12% vs 5.13% in Dec 2024

Annual - Consolidate Net Profit

Consolidate Net Profit 183.89 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 218.15% vs -6.77% in Dec 2024

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 117.95 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is -2.92% vs -4.11% in Dec 2024

Annual - Interest

Interest 15.76 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is -11.16% vs 3.62% in Dec 2024

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 21.43%

in Dec 2025

Figures in %

YoY Growth in year ended Dec 2025 has fallen from Dec 2024