Boyd Gaming Corporation (BYD) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.16x

Boyd Gaming Corporation (BYD) has a Cash Flow Reinvestment Rate of 1.16x as of March 2026, reinvesting $155.18 Million (capex $155.18 Million ) from operating cash flow of $134.34 Million. See BYD free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.16x
(Capex + Investments) / Operating CF

Total Reinvested

$155.18 Million
Capex + Investments

Operating Cash Flow

$134.34 Million
USD

Capital Expenditures

$155.18 Million
USD

Boyd Gaming Corporation Cash Flow Reinvestment Rate (1993–2025)

Historical reinvestment intensity for Boyd Gaming Corporation across 33 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Boyd Gaming Corporation.

Annual Cash Flow Reinvestment Rate for Boyd Gaming Corporation (1993–2025)

Year-by-year capital reinvestment analysis for Boyd Gaming Corporation. See BYD financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 2.40x $2.35 Billion $976.68 Million $588.22 Million ▲ +175.6%
2024 0.87x $834.31 Million $957.08 Million $400.40 Million ▼ -5.6%
2023 0.92x $844.70 Million $914.52 Million $373.95 Million ▲ +30.4%
2022 0.71x $691.47 Million $976.11 Million $269.15 Million ▲ +117.5%
2021 0.33x $329.03 Million $1.01 Billion $199.45 Million ▼ -72.8%
2020 1.20x $346.21 Million $289.03 Million $175.03 Million ▲ +49.8%
2019 0.80x $439.07 Million $548.99 Million $207.64 Million ▼ -73.2%
2018 2.98x $1.30 Billion $434.53 Million $161.54 Million ▲ +231.1%
2017 0.90x $380.24 Million $422.04 Million $190.46 Million ▼ -17.7%
2016 1.09x $301.15 Million $275.08 Million $160.36 Million ▲ +123.8%
2015 0.49x $166.28 Million $339.85 Million $131.17 Million ▲ +5.6%
2014 0.46x $149.53 Million $322.86 Million $149.37 Million ▼ -11.9%
2013 0.53x $144.52 Million $274.89 Million $144.52 Million ▼ -40.6%
2012 0.88x $125.97 Million $142.44 Million $125.97 Million ▲ +96.6%
2011 0.45x $114.03 Million $253.51 Million $87.22 Million ▲ +46.6%
2010 0.31x $87.48 Million $285.07 Million $87.48 Million ▼ -53.1%
2009 0.65x $157.56 Million $241.03 Million $157.56 Million ▼ -78.4%
2008 3.03x $667.40 Million $220.48 Million $667.40 Million ▲ +189.2%
2007 1.05x $296.89 Million $283.68 Million $296.89 Million ▲ +0.6%
2006 1.04x $436.46 Million $419.51 Million $436.46 Million ▼ -29.4%
2005 1.47x $618.44 Million $419.91 Million $618.44 Million ▲ +47.7%
2004 1.00x $268.85 Million $269.59 Million $268.85 Million ▲ +111.2%
2003 0.47x $81.54 Million $172.69 Million $81.54 Million ▲ +1021.7%
2002 0.04x $7.50 Million $178.17 Million $7.50 Million ▼ -92.7%
2001 0.58x $91.06 Million $158.06 Million $91.06 Million ▼ -12.2%
2000 0.66x $139.84 Million $213.13 Million $139.84 Million ▼ -60.4%
1999 1.66x $261.20 Million $157.70 Million $261.20 Million ▲ +196.4%
1998 0.56x $68.00 Million $121.70 Million $68.00 Million ▼ -54.0%
1997 1.21x $99.60 Million $82.00 Million $99.60 Million ▲ +17.2%
1996 1.04x $107.70 Million $103.90 Million $107.70 Million ▼ -52.5%
1995 2.18x $181.20 Million $83.10 Million $181.20 Million ▼ -46.2%
1994 4.06x $307.50 Million $75.80 Million $307.50 Million ▲ +0.0%
1993 4.06x $307.50 Million $75.80 Million $307.50 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow