BYDBoyd Gaming Corporation

$80.62

Is it safe?

Can BYD take a bad year?

Boyd Gaming Corporation carries $2.29B of net debt at 2.24× EBITDA: a load its earnings can carry.

$2.29B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.24×

Net debt / EBITDA · 2.69× a year ago · the load is coming down

Altman Z-score
2.47

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
5.66×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ2 2026
$2.61B
Cash and short-term investments
$324M
Net debt
$2.29B
EBITDA, trailing twelve months
$1.02B
Operating profit, trailing twelve months
$671M
Debt / equity
1.04×
Total debt / EBITDA
2.56×
Annualised volatilitytwo years of daily moves
28%
Worst drawdown on file
−80%
Below its 52-week high
−12%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.