Boyd Gaming Corporation Capital Reinvestment Ratio

Latest as of March 2026: 1.16x

Boyd Gaming Corporation capital reinvestment ratio. Boyd Gaming Corporation (BYD) has a Capital Reinvestment Ratio of 1.16x as of March 2026, meaning it reinvests 1% of its operating cash flow ($134.34 Million) in capital expenditures ($155.18 Million). See BYD free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

1.16x
Capex / Operating Cash Flow

Operating Cash Flow

$134.34 Million
USD

Capital Expenditures

$155.18 Million
USD

Data as of

Mar 2026
Most recent filing

Capital Reinvestment Ratio of Boyd Gaming Corporation (1993–2025)

Capital reinvestment ratio of Boyd Gaming Corporation from 1993 to 2025. This chart tracks Boyd Gaming Corporation's Capital Reinvestment Ratio across 33 annual periods. See BYD free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Boyd Gaming Corporation Capital Reinvestment Ratio by Year (1993–2025)

Boyd Gaming Corporation capital reinvestment ratio by year from 1993 to 2025. For the full cash flow conversion analysis, see BYD cash flow metrics.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.60x $976.68 Million $588.22 Million ▲ +44.0%
2024 0.42x $957.08 Million $400.40 Million ▲ +2.3%
2023 0.41x $914.52 Million $373.95 Million ▲ +48.3%
2022 0.28x $976.11 Million $269.15 Million ▲ +39.7%
2021 0.20x $1.01 Billion $199.45 Million ▼ -67.4%
2020 0.61x $289.03 Million $175.03 Million ▲ +60.1%
2019 0.38x $548.99 Million $207.64 Million ▲ +1.7%
2018 0.37x $434.53 Million $161.54 Million ▼ -17.6%
2017 0.45x $422.04 Million $190.46 Million ▼ -22.6%
2016 0.58x $275.08 Million $160.36 Million ▲ +51.0%
2015 0.39x $339.85 Million $131.17 Million ▼ -16.6%
2014 0.46x $322.86 Million $149.37 Million ▼ -12.0%
2013 0.53x $274.89 Million $144.52 Million ▼ -40.6%
2012 0.88x $142.44 Million $125.97 Million ▲ +157.0%
2011 0.34x $253.51 Million $87.22 Million ▲ +12.1%
2010 0.31x $285.07 Million $87.48 Million ▼ -53.1%
2009 0.65x $241.03 Million $157.56 Million ▼ -78.4%
2008 3.03x $220.48 Million $667.40 Million ▲ +189.2%
2007 1.05x $283.68 Million $296.89 Million ▲ +0.6%
2006 1.04x $419.51 Million $436.46 Million ▼ -29.4%
2005 1.47x $419.91 Million $618.44 Million ▲ +47.7%
2004 1.00x $269.59 Million $268.85 Million ▲ +111.2%
2003 0.47x $172.69 Million $81.54 Million ▲ +1021.7%
2002 0.04x $178.17 Million $7.50 Million ▼ -92.7%
2001 0.58x $158.06 Million $91.06 Million ▼ -12.2%
2000 0.66x $213.13 Million $139.84 Million ▼ -60.4%
1999 1.66x $157.70 Million $261.20 Million ▲ +196.4%
1998 0.56x $121.70 Million $68.00 Million ▼ -54.0%
1997 1.21x $82.00 Million $99.60 Million ▲ +17.2%
1996 1.04x $103.90 Million $107.70 Million ▼ -52.5%
1995 2.18x $83.10 Million $181.20 Million ▼ -46.2%
1994 4.06x $75.80 Million $307.50 Million ▲ +0.0%
1993 4.06x $75.80 Million $307.50 Million —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow