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Financial statements

Boyd Group Services Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Boyd Group Services Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025FY2025
Revenue3,0703,143
Cost of revenue1,6741,684
Gross profit1,3971,459
Interest expense68.969.7
Pre-tax income31.728.7
Income tax7.1210.3
Net income24.518.4
EPS, basic1.140.82
EPS, diluted1.140.82

Balance sheet

FY2025FY2025
Cash and equivalents201,229
Inventory73.168.3
Total current assets2711,498
Property, plant and equipment530581
Lease right-of-use assets668689
Goodwill644702
Intangible assets337356
Total assets2,4643,860
Total current liabilities435477
Lease liabilities627653
Total liabilities1,6332,140
Total debt507361
Paid-in capital5.479.95
Retained earnings181189
Total equity8311,720
Total liabilities and equity2,4643,860

Cash flow statement

FY2025FY2025
Net income24.518.4
Cash from operations313353
Capital expenditures-77.3-54.3
Cash from investing-208-227
Dividends paid-9.45-9.37
Cash from financing-1071,067
Exchange rate effect-1.2315.5
Net change in cash-2.511,209
Free cash flow236299
Interest paid68.470.7

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $79.95 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin46.4%Gross profit / revenue.
Pre-tax margin0.9%Pre-tax income / revenue.
Net margin0.6%Net income / revenue.
FCF margin9.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin11.2%Cash from operations / revenue.
Effective tax rate35.9%Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)0.6%Net income / average total assets.
Capex / revenue1.7%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y2.4%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y4.4%Gross profit vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-25.0%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-28.1%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y12.7%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y26.6%Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y56.6%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio3.14xCurrent assets / current liabilities.
Quick ratio2.58x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio2.58x(Cash + short-term investments) / current liabilities.
Debt / assets9.3%Total debt / total assets.
Liabilities / assets55.5%Total liabilities / total assets.
Net debt-$867.8MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital$1.02BCurrent assets - current liabilities.
Goodwill and intangibles / assets27.4%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.99xRevenue / average total assets.
Fixed asset turnover5.66xRevenue / average property, plant and equipment.
Inventory turnover23.8xCost of revenue / average inventory.
Days inventory15 days365 x average inventory / cost of revenue.
FCF conversion1,622.0%Free cash flow / net income, when net income is positive.
Capex / operating cash flow15.4%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.82Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$0.82Net income per basic share, as reported (split-adjusted).
Payout ratio50.8%Dividends paid / net income, when net income is positive.
Dividends / FCF3.1%Dividends paid / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$2.23BShare price x shares outstanding.
Enterprise value$1.36BMarket cap + total debt - cash - short-term investments.
P/E121xMarket cap / net income. Only when net income is positive.
P/S0.71xMarket cap / revenue.
P/FCF7.45xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF6.30xMarket cap / cash from operations, when positive.
EV/Sales0.43xEnterprise value / revenue.
EV/FCF4.55xEnterprise value / free cash flow, when both are positive.
FCF yield13.4%Free cash flow / market cap.
Earnings yield0.8%Net income / market cap (the inverse of P/E).
Dividend yield0.4%Dividends paid over the period / market cap.
Shareholder yield0.4%(Dividends paid + share buybacks) / market cap.
What was Boyd Group Services Inc.'s revenue in fiscal 2025?

Boyd Group Services Inc. reported revenue of $3.14B for fiscal 2025, 2.4% higher than the year before.

Was Boyd Group Services Inc. profitable in fiscal 2025?

Yes. Net income was $18.4M, a net margin of 0.6%.

How much free cash flow did Boyd Group Services Inc. generate in fiscal 2025?

Cash from operations of $353.0M minus capital expenditures of $54.3M left free cash flow of $298.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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