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
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 242 | 269 | 251 | 147 | 277 | 290 | 326 | 300 | 423 | 435 | 549 | 289 | 1,010 | 976 | 915 | 957 | 977 | 589 |
| Depreciation and amortisation | 164 | 199 | 195 | 214 | 278 | 209 | 207 | 196 | 218 | 230 | 277 | 281 | 268 | 258 | 257 | 277 | 303 | 368 |
| Stock-based pay | 16 | 11 | 10 | 12 | 19 | 18 | 19 | 16 | 17 | 25 | 25 | 9 | 38 | 34 | 32 | 30 | 32 | 32 |
| Capital spending | 158 | 76 | 87 | 126 | 145 | 138 | 131 | 160 | 190 | 162 | 208 | 175 | 199 | 269 | 374 | 400 | 588 | 604 |
| Free cash flow | 84 | 193 | 164 | 22 | 133 | 152 | 195 | 140 | 232 | 273 | 341 | 114 | 811 | 707 | 541 | 557 | 388 | −16 |
| Free cash flow after stock pay | 69 | 182 | 154 | 9 | 114 | 134 | 175 | 124 | 215 | 248 | 316 | 105 | 773 | 673 | 508 | 527 | 356 | −47 |
| Dividends paid | — | — | — | — | — | — | 0 | 0 | 11 | 25 | 29 | 8 | 0 | 48 | 64 | 63 | 58 | 58 |
| Share buybacks | 8 | 0 | 0 | — | — | — | — | — | 32 | 60 | 28 | 11 | 81 | 542 | 413 | 686 | 778 | 660 |
| Shares issued | — | — | 0 | 0 | 216 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 262 | 256 | 205 | 240 | 275 | 134 | −24 | 203 |
| Depreciation and amortisation | 78 | 68 | 70 | 74 | 91 | 95 | 91 | 91 |
| Stock-based pay | 5 | 8 | 13 | 9 | 3 | 8 | 13 | 9 |
| Capital spending | 111 | 170 | 124 | 146 | 148 | 155 | 142 | 159 |
| Free cash flow | 151 | 87 | 81 | 94 | 127 | −21 | −165 | 44 |
| Free cash flow after stock pay | 146 | 79 | 67 | 86 | 124 | −29 | −178 | 35 |
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