Boyd Historical Income Statement

BYD Stock  USD 53.18  9.71  15.44%   
Historical analysis of Boyd Gaming income statement accounts such as Interest Expense of 168.3 M, Selling General Administrative of 410.9 M or Total Revenue of 2.2 B can show how well Boyd Gaming performed in making a profits. Evaluating Boyd Gaming income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Boyd Gaming's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Boyd Gaming latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Boyd Gaming is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.

About Boyd Income Statement Analysis

Boyd Gaming Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Boyd Gaming shareholders. The income statement also shows Boyd investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Boyd Gaming Income Statement Chart

Boyd Gaming Income Statement is one of the three primary financial statements used for reporting Boyd's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Boyd Gaming revenue and expense. Boyd Gaming Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Boyd Gaming's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 1.3 B, whereas Interest Expense is forecasted to decline to about 168.3 M.

Total Revenue

Total revenue comprises all receipts Boyd Gaming generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Boyd Gaming minus its cost of goods sold. It is profit before Boyd Gaming operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Boyd Gaming. It is also known as Boyd Gaming overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Boyd Gaming's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Boyd Gaming current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.At present, Boyd Gaming's EBIT is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 1.3 B, whereas Interest Expense is forecasted to decline to about 168.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense199.4M151.2M171.2M168.3M
Depreciation And Amortization274.4M317.6M256.8M184.9M

Boyd Gaming income statement Correlations

0.560.760.880.880.90.330.430.540.820.90.21-0.180.160.290.060.180.01-0.18-0.150.31-0.30.130.43-0.1
0.560.630.410.280.64-0.34-0.22-0.110.530.72-0.48-0.29-0.47-0.370.19-0.480.33-0.23-0.01-0.280.22-0.4-0.17-0.21
0.760.630.780.730.860.20.340.430.760.880.09-0.230.020.22-0.130.070.13-0.02-0.280.31-0.120.070.360.09
0.880.410.780.970.950.460.630.70.950.790.37-0.170.320.42-0.050.350.0-0.29-0.160.5-0.310.340.390.15
0.880.280.730.970.870.540.690.750.840.770.47-0.130.410.52-0.090.43-0.08-0.3-0.170.57-0.360.370.480.06
0.90.640.860.950.870.260.430.530.960.90.15-0.230.110.22-0.010.130.11-0.23-0.150.32-0.260.140.30.08
0.33-0.340.20.460.540.260.840.820.320.120.980.460.950.870.180.97-0.72-0.2-0.070.66-0.470.640.590.49
0.43-0.220.340.630.690.430.840.990.510.230.81-0.050.760.75-0.130.81-0.24-0.19-0.160.83-0.420.80.650.62
0.54-0.110.430.70.750.530.820.990.580.350.78-0.070.720.74-0.110.77-0.22-0.19-0.170.82-0.440.760.680.58
0.820.530.760.950.840.960.320.510.580.750.23-0.20.20.270.00.230.08-0.25-0.120.38-0.230.290.240.25
0.90.720.880.790.770.90.120.230.350.750.0-0.24-0.050.11-0.03-0.040.14-0.17-0.170.17-0.26-0.120.34-0.2
0.21-0.480.090.370.470.150.980.810.780.230.00.510.960.880.140.99-0.74-0.15-0.070.67-0.450.680.530.47
-0.18-0.29-0.23-0.17-0.13-0.230.46-0.05-0.07-0.2-0.240.510.540.370.530.5-0.92-0.10.16-0.08-0.040.07-0.23-0.06
0.16-0.470.020.320.410.110.950.760.720.2-0.050.960.540.720.120.99-0.75-0.190.20.49-0.520.650.450.46
0.29-0.370.220.420.520.220.870.750.740.270.110.880.370.720.20.8-0.58-0.08-0.520.87-0.230.610.560.38
0.060.19-0.13-0.05-0.09-0.010.18-0.13-0.110.0-0.030.140.530.120.20.1-0.5-0.21-0.08-0.090.26-0.11-0.19-0.08
0.18-0.480.070.350.430.130.970.810.770.23-0.040.990.50.990.80.1-0.72-0.150.060.6-0.490.70.510.53
0.010.330.130.0-0.080.11-0.72-0.24-0.220.080.14-0.74-0.92-0.75-0.58-0.5-0.720.18-0.11-0.130.25-0.21-0.1-0.1
-0.18-0.23-0.02-0.29-0.3-0.23-0.2-0.19-0.19-0.25-0.17-0.15-0.1-0.19-0.08-0.21-0.150.18-0.25-0.01-0.020.140.080.16
-0.15-0.01-0.28-0.16-0.17-0.15-0.07-0.16-0.17-0.12-0.17-0.070.160.2-0.52-0.080.06-0.11-0.25-0.65-0.26-0.13-0.27-0.11
0.31-0.280.310.50.570.320.660.830.820.380.170.67-0.080.490.87-0.090.6-0.13-0.01-0.65-0.140.710.580.5
-0.30.22-0.12-0.31-0.36-0.26-0.47-0.42-0.44-0.23-0.26-0.45-0.04-0.52-0.230.26-0.490.25-0.02-0.26-0.14-0.19-0.61-0.23
0.13-0.40.070.340.370.140.640.80.760.29-0.120.680.070.650.61-0.110.7-0.210.14-0.130.71-0.190.260.66
0.43-0.170.360.390.480.30.590.650.680.240.340.53-0.230.450.56-0.190.51-0.10.08-0.270.58-0.610.260.37
-0.1-0.210.090.150.060.080.490.620.580.25-0.20.47-0.060.460.38-0.080.53-0.10.16-0.110.5-0.230.660.37
Click cells to compare fundamentals

Boyd Gaming Account Relationship Matchups

Boyd Gaming income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization278.5M281.0M274.4M317.6M256.8M184.9M
Interest Expense237.5M230.5M199.4M151.2M171.2M168.3M
Selling General Administrative557.3M452.3M470.9M480.6M498.3M410.9M
Total Revenue3.3B2.2B3.4B3.6B3.7B2.2B
Gross Profit1.6B1.1B1.9B2.0B1.8B1.0B
Other Operating Expenses2.9B2.0B2.5B2.5B2.7B1.8B
Operating Income472.6M236.0M900.1M981.2M1.0B1.1B
Ebit472.6M236.0M900.1M981.2M1.0B1.1B
Ebitda751.1M517.0M1.2B1.3B1.3B1.3B
Cost Of Revenue1.7B1.0B1.4B1.6B2.0B1.1B
Total Operating Expenses1.1B952.4M1.0B968.2M751.4M696.8M
Income Before Tax202.1M(171.0M)603.9M828.8M752.9M790.6M
Total Other Income Expense Net(270.4M)(407.0M)(296.2M)(152.4M)(257.5M)(244.6M)
Net Income157.6M(134.7M)463.8M639.4M620.0M651.0M
Income Tax Expense44.5M(36.3M)140.1M189.4M132.9M139.5M
Net Income Applicable To Common Shares157.6M(134.7M)463.8M639.4M735.3M772.0M
Net Income From Continuing Ops157.6M(134.7M)463.8M639.4M700.1M735.1M
Non Operating Income Net Other(33.0M)45.2M(96.7M)(1.2M)(1.1M)(1.1M)
Tax Provision44.5M(36.3M)140.1M189.4M165.4M173.7M
Interest Income1.9M1.9M1.8M129.7M41.0M36.2M
Net Interest Income(235.6M)(228.6M)(197.6M)(129.7M)(129.1M)(135.5M)
Reconciled Depreciation276.6M281.0M267.8M258.2M252.6M280.3M
Selling And Marketing Expenses44.7M20.2M16.1M18.7M188.4M197.8M

Pair Trading with Boyd Gaming

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boyd Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boyd Gaming will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Boyd Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boyd Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boyd Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boyd Gaming to buy it.
The correlation of Boyd Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boyd Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boyd Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boyd Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boyd Gaming. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Boyd Stock analysis

When running Boyd Gaming's price analysis, check to measure Boyd Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Boyd Gaming is operating at the current time. Most of Boyd Gaming's value examination focuses on studying past and present price action to predict the probability of Boyd Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boyd Gaming's price. Additionally, you may evaluate how the addition of Boyd Gaming to your portfolios can decrease your overall portfolio volatility.
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Is Boyd Gaming's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Boyd Gaming. If investors know Boyd will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Boyd Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
0.65
Earnings Share
6.12
Revenue Per Share
37.433
Quarterly Revenue Growth
(0)
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.