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Boyd Gaming Corp cash flow statement

In fiscal 2025, Boyd Gaming Corp's operations generated $977m of cash; it spent $588m on capital projects, leaving free cash flow of $388m. It returned $58.2m in dividends and $778m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Boyd Gaming Corp: cash flow statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash from operations2422692511472772903263004234355492891,010976915957977589
Depreciation and amortisation164199195214278209207196218230277281268258257277303368
Stock-based pay16111012191819161725259383432303232
Capital spending1587687126145138131160190162208175199269374400588604
Free cash flow8419316422133152195140232273341114811707541557388−16
Free cash flow after stock pay691821549114134175124215248316105773673508527356−47
Dividends paid——————00112529804864635858
Share buybacks800—————3260281181542413686778660
Shares issued——0021600———————————

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Boyd Gaming Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Boyd Gaming Corp.