What is the 13F Pro Quality Score for BYD?

13F Pro ranks BOYD GAMING CORP (BYD) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View BYD's current score at https://13fpro.ai/company/BYD (free sign-up required for the full ranking).

Which hedge funds own the most BYD stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of BYD include COHEN & STEERS,, BlackRock,, VANGUARD PORTFOLIO MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/BYD as soon as new 13F filings post.

Where does 13F Pro source BYD data?

All BOYD GAMING CORP fundamentals and ownership data come directly from SEC EDGAR. BOYD GAMING CORP files with the SEC under CIK 906553. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is BYD in?

BOYD GAMING CORP (BYD) is classified in the Consumer Discretionary sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-discretionary.

What drives BYD's revenue?

Per BOYD GAMING CORP's latest 10-Q filed with the SEC on 2026-07-30, the biggest revenue drivers are: Midwest & South ($556.9M, +3.1% YoY); Las Vegas Locals ($225.9M, -1.4% YoY); Online ($158.2M, -8.6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/BYD.

What are BYD's largest expenses?

BOYD GAMING CORP's latest 10-Q reports these as the largest expense items: Selling, general and administrative ($110.9M, +0.7% YoY); Depreciation and amortization ($91.1M, +30.2% YoY); Maintenance and utilities ($38.5M, +3.2% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is BYD research updated on 13F Pro?

BYD's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

BOYD GAMING CORP(BYD)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Consumer Discretionary →NYSEmid

Institutional-grade research for retail investors

SEC EDGAR: CIK 906553 BYD stock profile & AI dashboard →

13F Pro Quality Score

61.4/100

Rank #784 of 2,960 stocksTOP 50%

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

40.8/100

Profitability

97.6/100

Balance Sheet

98.1/100

Earnings Quality

16.1/100

Free Cash Flow

29.0/100

Institutional Flow

76.0/100

Revenue Scale

75.2/100

Dilution Risk

63.9/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why BYD Scores 61/100

exact factor attribution · 2026-09-11

BYD's composite is driven by profitability and capital efficiency, held back by earnings quality and free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Profitability

+7.1 pts

98th pct

Capital efficiency

+4.8 pts

98th pct

Scale

+3.8 pts

75th pct

Earnings growth

+2.1 pts

91th pct

Institutional flow

+1.3 pts

76th pct

Shareholder dilution

+0.7 pts

64th pct

Revenue growth

-1.8 pts

41th pct

Free cash flow

-3.1 pts

29th pct

Earnings quality

-3.4 pts

16th pct

Latest change (2026-08-02): 71 → 58 · ↓ Profit margin 95→72; ↓ Capital efficiency 99→81

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

Unusual Activity in BYD

Events flagged as statistical outliers against BYD's own multi-year baseline — not fixed dollar thresholds.

Score shock2026-08-02
BYD quality score dropped 13 points (71→58) on a new filing
View source filing →

BYD Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for BOYD GAMING CORP (BYD), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores BYD at 61.4/100 on a 32-signal composite quality model, placing it at rank #784 of 2,960 stocks — the top half of the AI-ranked universe. BYD scores in the top quartile across balance sheet strength (98.1), profitability (97.6), institutional flow (76.0). Areas of concern include earnings quality (16.1) and free cash flow (29.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), BOYD GAMING CORP reports quarterly revenue of $1.0B, net income of $131.2M, an operating margin of 19.4%. Top institutional holders of BYD by reported 13-F value include COHEN & STEERS, BlackRock, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. BYD trades on the NYSE exchange and files with the SEC under CIK 906553. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BYD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BOYD GAMING CORP directly from SEC EDGAR. BOYD GAMING CORP's 13F Pro composite quality score has ranged between 58 and 74 since 2022, currently 61.4 — a declining long-term trajectory across 63 quarterly and live scoring snapshots.

✦

Fun facts about BOYD GAMING CORP

Quirks, history, and lore behind BYD — the kind of stuff that makes a stock memorable.

1
The Basics
A Consumer Discretionary company headquartered in Las Vegas, Nevada, listed on the NYSE, operating in an industry where the house always wins.
2
The Numbers
Annual revenues in the low single-digit billions, with properties spread across multiple U.S. states — a mid-cap player punching in a field of casino giants.
3
The History
The company traces its roots to a single Nevada property opened decades ago by a family that still bears an outsized influence on its identity today.
4
The Secret
Unlike Strip-focused rivals, this operator has long leaned into locals markets — targeting everyday gamblers who drive five minutes from home, not tourists flying in from Ohio.
5
The Lore
It has grown largely through acquisitions of regional casinos, building a footprint from Nevada to Mississippi to Indiana — the unglamorous backbone of American gambling.
6
The Giveaway
The founding Boyd family still holds a major stake, and the company's ticker — BYD — is one letter away from confusing every Tesla investor who glances too fast.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving BYD's Business? Latest 10-Q Breakdown

✓ 38/38 datapoints verified

AI-extracted from BOYD GAMING CORP's 10-Q filed 2026-07-30 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue was essentially flat at $1,034.4M (+$0.4M YoY), but operating income fell 17.2% to $200.7M as depreciation rose $21.1M and Online segment margin collapsed to 34.0% from 58.7% after FanDuel-related market access agreement terminations.

Biggest Revenue Drivers

Midwest & South$556.9M+3.1% YoY

Increases in all revenue categories, led by gaming revenue up $13.2M on higher slot win (+3.6%) and slot handle (+3.1%).

Las Vegas Locals$225.9M-1.4% YoY

Room and food & beverage declines amid continued softness in destination business and Suncoast casino modernization construction disruption.

Biggest Revenue Drivers

Total revenue: $1,034.4M

Midwest & South$556.9M+3.1% YoY

Increases in all revenue categories, led by gaming revenue up $13.2M on higher slot win (+3.6%) and slot handle (+3.1%).

Las Vegas Locals$225.9M-1.4% YoY

Room and food & beverage declines amid continued softness in destination business and Suncoast casino modernization construction disruption.

Online$158.2M-8.6% YoY

Market access fee revenue down $13.9M from agreement terminations tied to the FanDuel Equity Sale, partly offset by $6.5M Boyd Interactive growth from the Design Works acquisition.

Downtown Las Vegas$52.1M-5.7% YoY

Gaming revenue down $1.8M as slot win (-6.9%) and slot handle (-4.0%) declined; segment remains focused on the Hawaiian market.

Managed & Other$41.3M+$4.8M YoY

Higher Sky River Casino management fees, which rose to $28.5M from $23.8M.

Largest Expense Items

Selling, general and administrative$110.9M+0.7% YoY

Remained consistent at 10.7% of revenues; company cites disciplined operating model and targeted marketing approach.

Depreciation and amortization$91.1M+30.2% YoY

Driven by completion of Ameristar St. Charles convention space, the Norfolk transitional casino opening, Cadence Crossing opening, and technology/renovation investments.

Maintenance and utilities$38.5M+3.2% YoY

Remained generally consistent as a percentage of revenues at 3.7%.

Corporate expense$33.2M-6.2% YoY

Unallocated payroll, professional fees and other corporate costs; represented 3.2% of revenues versus 3.4% a year ago.

Margins: Gaming margin slipped to 60.8% from 61.3% and food & beverage margin fell to 13.8% from 16.1% on higher cost per guest. Online margin dropped sharply to 34.0% from 58.7% as high-margin market access fees were replaced by lower-margin new agreements, a trend the company expects to persist.

Watch Items from the Filing

Online segment margin fell to 34.0% from 58.7% YoY after termination of high-margin market access agreements tied to the FanDuel Equity Sale; management expects these lower margins to continue.
Long-term debt rose to $2,641.1M from $2,060.7M (+$580.4M) as the company drew $400.0M under a new Term A Loan and increased revolver borrowings, partly to fund $341.0M in energy tax credit payments and share repurchases.
Norfolk, Virginia resort development carries a ~$750.0M total budget with ~$300.0M expected to be spent in 2026; full casino resort opening pushed to late 2027 pending regulatory approval.
Las Vegas Locals and Downtown Las Vegas segments cite continued softness in destination business and reduced pedestrian traffic, with Suncoast renovation disruption weighing on Q2 results.
Company repurchased $156.0M of stock (1.87M shares) in the quarter with $551.1M remaining under its $3.3 billion authorization, alongside a $0.20 per share dividend.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$1.0B

Net Income

Q2 2026

$131.2M

Free Cash Flow

Q2 2026

$-165.5M

Operating Margin

Q2 2026

19.4%

ROIC

Q2 2026

15.7%

D/E Ratio

Q2 2026

1.05

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+4.1% YoY

$4.09BFY 2025

FY22 $3.56BFY23 $3.74BFY24 $3.93BFY25 $4.09B

Net Income

+218.9% YoY

$1.84BFY 2025

FY22 $639.4MFY23 $620.0MFY24 $578.0MFY25 $1.84B

Operating Income

-19.3% YoY

$748.4MFY 2025

FY22 $981.2MFY23 $901.8MFY24 $927.8MFY25 $748.4M

EPS (Diluted)

+264.5% YoY

$22.56FY 2025

FY22 $5.87FY23 $6.12FY24 $6.19FY25 $22.56

Total Assets

+2.9% YoY

$6.57BFY 2025

FY22 $6.31BFY23 $6.27BFY24 $6.39BFY25 $6.57B

Total Debt

-36.5% YoY

$2.05BFY 2025

FY22 $3.09BFY23 $2.96BFY24 $3.22BFY25 $2.05B

Op. Cash Flow

+2.0% YoY

$976.7MFY 2025

FY22 $976.1MFY23 $914.5MFY24 $957.1MFY25 $976.7M

Free Cash Flow

-30.2% YoY

$388.5MFY 2025

FY22 $707.0MFY23 $540.6MFY24 $556.7MFY25 $388.5M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$4.09B +4.1%	$3.93B +5.1%	$3.74B +5.2%	$3.56B +5.5%	$3.37B +54.7%	$2.18B
Net Income	$1.84B +218.9%	$578.0M -6.8%	$620.0M -3.0%	$639.4M +37.8%	$463.8M +444.4%	$-134.7M
Operating Income	$748.4M -19.3%	$927.8M +2.9%	$901.8M -8.1%	$981.2M +9.0%	$900.1M +6210.8%	$14.3M
EPS (Diluted)	$22.56 +264.5%	$6.19 +1.1%	$6.12 +4.3%	$5.87 +44.2%	$4.07 +442.0%	$-1.19
Total Assets	$6.57B +2.9%	$6.39B +1.9%	$6.27B -0.6%	$6.31B +1.4%	$6.22B -5.1%	$6.56B
Total Debt	$2.05B -36.5%	$3.22B +8.8%	$2.96B -4.3%	$3.09B +0.7%	$3.07B -21.8%	$3.93B
Operating Cash Flow	$976.7M +2.0%	$957.1M +4.7%	$914.5M -6.3%	$976.1M -3.4%	$1.01B +249.6%	$289.0M
Free Cash Flow	$388.5M -30.2%	$556.7M +3.0%	$540.6M -23.5%	$707.0M -12.8%	$811.0M +611.4%	$114.0M

Get alerted when BYD's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for BOYD GAMING CORP including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of BYD

COHEN & STEERS, INC.
$554.8M6,281,240 sh
BlackRock, Inc.
$486.7M5,510,437 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$222.1M2,514,999 sh
VANGUARD CAPITAL MANAGEMENT LLC
$209.8M2,375,026 sh
ARIEL INVESTMENTS, LLC
$192.8M2,182,342 sh
STATE STREET CORP
$167.0M1,886,210 sh
GEODE CAPITAL MANAGEMENT, LLC
$128.6M1,455,524 sh
AMERICAN CENTURY COMPANIES INC
$120.4M1,363,047 sh
Boston Partners
$96.9M1,097,116 sh
Invesco Ltd.
$89.9M1,018,273 sh

Fund	Value	Shares
COHEN & STEERS, INC.	$554.8M	6,281,240
BlackRock, Inc.	$486.7M	5,510,437
VANGUARD PORTFOLIO MANAGEMENT LLC	$222.1M	2,514,999
VANGUARD CAPITAL MANAGEMENT LLC	$209.8M	2,375,026
ARIEL INVESTMENTS, LLC	$192.8M	2,182,342
STATE STREET CORP	$167.0M	1,886,210
GEODE CAPITAL MANAGEMENT, LLC	$128.6M	1,455,524
AMERICAN CENTURY COMPANIES INC	$120.4M	1,363,047
Boston Partners	$96.9M	1,097,116
Invesco Ltd.	$89.9M	1,018,273

Companies Similar to BYD

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

GAP

GAP INC

AI score

Similar quality profile · 28 shared holders

LSV ASSET MANAGEMENT VOLORIDGE INVESTMENT MANAGEMENT, LLC Brandywine Global Investment Management, LLC

TPR

TAPESTRY, INC.

AI score

Similar quality profile · 15 shared holders

Boston Partners VOLORIDGE INVESTMENT MANAGEMENT, LLC LSV ASSET MANAGEMENT

FIVE

FIVE BELOW, INC

AI score

Similar quality profile · 18 shared holders

FULLER & THALER ASSET MANAGEMENT, INC.Bridgewater Associates, LP OCCUDO QUANTITATIVE STRATEGIES LP

RALPH LAUREN CORP

AI score

Similar quality profile · 13 shared holders

Boston Partners VOLORIDGE INVESTMENT MANAGEMENT, LLC FULLER & THALER ASSET MANAGEMENT, INC.

TILE

INTERFACE INC

AI score

Similar quality profile · 11 shared holders

LSV ASSET MANAGEMENT FULLER & THALER ASSET MANAGEMENT, INC.ROYCE & ASSOCIATES LP

REZI

RESIDEO TECHNOLOGIES, INC.

AI score

Similar quality profile · 13 shared holders

ARIEL INVESTMENTS, LLC Boston Partners FULLER & THALER ASSET MANAGEMENT, INC.

YUM

YUM BRANDS INC

AI score

Similar quality profile · 7 shared holders

Boston Partners Arbejdsmarkedets Tillaegspension VOLORIDGE INVESTMENT MANAGEMENT, LLC

URBN

URBAN OUTFITTERS INC

AI score

Similar quality profile · 17 shared holders

LSV ASSET MANAGEMENT BI Asset Management Fondsmaeglerselskab A/S PEREGRINE CAPITAL MANAGEMENT LLC

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Consumer Discretionary Companies

View all Consumer Discretionary →

AACG

ATA Creativity Global

AAP

ADVANCE AUTO PARTS INC

ABG

ASBURY AUTOMOTIVE GROUP INC

ABLV

Able View Global Inc.

ADIG

ADI GLOBAL DISTRIBUTION INC.

AENT

ALLIANCE ENTERTAINMENT HOLDING CORP

AEO

AMERICAN EAGLE OUTFITTERS INC

AFYA

Afya Ltd

Put BYD on your watchlist

Track score changes the day BOYD GAMING CORP files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is BYD a good stock to buy?

13F Pro's AI-powered analysis of BOYD GAMING CORP (BYD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BYD are available on the BYD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. BYD is classified as a mid company.

Which hedge funds own BYD?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BYD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of BOYD GAMING CORP's investment landscape.