Boyd Group Services Past Earnings Performance
Past criteria checks 0/6
Boyd Group Services's earnings have been declining at an average annual rate of -8.4%, while the Commercial Services industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 13.5% per year. Boyd Group Services's return on equity is 0.8%, and it has net margins of 0.4%.
Key information
-8.37%
Earnings growth rate
-8.71%
EPS growth rate
| Commercial Services Industry Growth | 7.30% |
| Revenue growth rate | 13.47% |
| Return on equity | 0.76% |
| Net Margin | 0.39% |
| Next Earnings Update | 12 Aug 2026 |
Recent past performance updates
Recent updates
Narrative Update • Jun 05
BYD: Future Upside Will Depend On Reset P/E And Margin Execution
Analysts have reduced their CA$ price targets on Boyd Group Services by roughly CA$25 in aggregate, citing updated assumptions that include more moderate revenue growth expectations, a higher discount rate, a lower future P/E, and an adjusted view on profit margins. Analyst Commentary Recent Street research updates on Boyd Group Services point to a more cautious stance on valuation, with several firms trimming their price targets by amounts ranging from CA$7 to CA$43.Narrative Update • Apr 15
BYD: Future Upside Will Rely On Reset P/E Expectations
Analysts have lowered their CA$ price target on Boyd Group Services by about CA$16, citing updated assumptions for fair value, discount rates, revenue growth, profit margins and future P/E expectations, as reflected in recent research from firms such as Stephens and Goldman Sachs. Analyst Commentary Recent research reports have focused on resetting price targets for Boyd Group Services after revisiting assumptions around fair value, discount rates, revenue growth, profit margins and future P/E expectations.
New Narrative • Apr 15
Project 360 And Synergies Will Support Stronger Margins And Long Term Expansion
Catalysts About Boyd Group Services Boyd Group Services operates collision repair centers across North America, serving insurance carriers and vehicle owners through a large network of locations. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 10
BYD: Future Upside Will Rely On Outperform Reaffirmation And Dividend Support
Analysts have adjusted their CA$264 price target on Boyd Group Services only marginally. The change reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E, while maintaining a broadly consistent view of value following recent research coverage resumptions with Outperform ratings.Narrative Update • Feb 24
BYD: Future Upside Will Rely On Outperform Rating And Dividend Support
Analysts nudged their price target for Boyd Group Services higher to about CA$272 from roughly CA$269, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, following recent research that resumed coverage with an Outperform rating and a CA$264 target. Analyst Commentary Recent research coverage on Boyd Group Services has centered on the resumed Outperform rating and the CA$264 price target, which feeds directly into the updated fair value work and revised price objective near CA$272.Narrative Update • Feb 09
BYD: Future Upside Will Rely On Steady Execution And Dividend Support
Analysts have trimmed their price target on Boyd Group Services from C$272.60 to C$269.29. This reflects updated assumptions for growth, profitability and discount rates while keeping an Outperform view in place.Narrative Update • Jan 26
BYD: Future Upside Will Be Driven By Premium Earnings Execution Confidence
The analyst price target for Boyd Group Services has been nudged higher to C$272.60, with analysts pointing to refreshed DCF inputs, a modestly adjusted discount rate, and updated revenue growth, margin, and future P/E assumptions as key drivers of the change. Analyst Commentary Recent Street research on Boyd Group Services has clustered around higher price targets and positive ratings, with several bullish analysts refining their models rather than changing their overall stance on the company.Narrative Update • Jan 08
BYD: Future Upside Will Be Driven By Tightening Premium Earnings Range
Analysts have inched their average price targets for Boyd Group Services higher into roughly the C$275 to C$291 range, reflecting updated views on fair value, discount rates and profit expectations after a series of upward target revisions across major firms. Analyst Commentary Recent research updates cluster in a narrow C$275 to C$291 band, with several firms lifting their targets in quick succession.Narrative Update • Dec 17
BYD: Future Upside Will Be Driven By Expanding Premium Earnings Multiple
Our price target for Boyd Group Services has been modestly raised to C$270.73 from C$273.50. Analysts remain broadly constructive following a series of upward Street target revisions, balancing slightly higher discount rate assumptions against continued expectations for robust revenue growth, stable margins, and a richer forward valuation multiple.Narrative Update • Dec 03
BYD: Future Upside Will Be Driven By Sustained Premium Earnings Multiples
Our updated narrative on Boyd Group Services reflects a modestly higher analyst price target, rising across the Street into the mid to high C$270s and low C$290s, as analysts cite sustained revenue growth, stable margins, and confidence in forward earnings multiples. Analyst Commentary Bullish analysts highlight the cluster of price target increases into the C$275 to C$291 range as evidence of rising confidence in Boyd Group Services underlying growth trajectory and earnings durability.Analysis Article • Nov 20
There May Be Reason For Hope In Boyd Group Services' (TSE:BYD) Disappointing Earnings
Shareholders appeared unconcerned with Boyd Group Services Inc.'s ( TSE:BYD ) lackluster earnings report last week. We...Narrative Update • Nov 19
BYD: Upward Momentum Will Continue With Strengthened Business Performance
Analysts have raised their price targets for Boyd Group Services, increasing estimates from approximately C$272 to a range between C$275 and C$291. This change has been driven by expectations for stronger revenue growth and overall business performance.Narrative Update • Nov 04
BYD: Upcoming Equity Offering And Store Expansion Will Drive Market Share Gains
The analyst price target for Boyd Group Services was recently increased from C$263.83 to C$273.77. Analysts pointed to stronger revenue growth expectations and modest improvements in valuation metrics to support the higher target.Analysis Article • Oct 16
Returns On Capital At Boyd Group Services (TSE:BYD) Have Hit The Brakes
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...Analysis Article • Sep 30
Is Boyd Group Services Inc. (TSE:BYD) Trading At A 35% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Boyd Group Services fair value estimate is CA$364 Boyd Group...Narrative Update • Sep 05
New Sites And Cost Savings Will Expand Vehicle Repair Market
Despite the consensus analyst price target remaining unchanged at CA$263.83, Boyd Group Services' future P/E ratio has risen sharply, indicating higher market growth expectations or a premium valuation. Valuation Changes Summary of Valuation Changes for Boyd Group Services The Consensus Analyst Price Target remained effectively unchanged, at CA$263.83.Analysis Article • Jun 17
Returns On Capital At Boyd Group Services (TSE:BYD) Paint A Concerning Picture
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Analysis Article • May 09
Here's Why Boyd Group Services (TSE:BYD) Has A Meaningful Debt Burden
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Mar 27
There May Be Reason For Hope In Boyd Group Services' (TSE:BYD) Disappointing Earnings
The most recent earnings report from Boyd Group Services Inc. ( TSE:BYD ) was disappointing for shareholders. However...Analysis Article • Mar 13
Boyd Group Services Inc. (TSE:BYD) Doing What It Can To Lift Shares
It's not a stretch to say that Boyd Group Services Inc.'s ( TSE:BYD ) price-to-sales (or "P/S") ratio of 1.1x right now...
New Narrative • Feb 06
Expansion With Greenfield Locations And Internalizing Services Will Strengthen Future Performance
Boyd's expansion through new locations and internalizing services is expected to support long-term revenue growth and improve gross profit margins.Analysis Article • Nov 21
We Think Boyd Group Services (TSE:BYD) Is Taking Some Risk With Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Nov 08
Returns On Capital Signal Tricky Times Ahead For Boyd Group Services (TSE:BYD)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Analysis Article • Aug 11
Boyd Group Services Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Boyd Group Services Inc. ( TSE:BYD ) shareholders are probably feeling a little disappointed, since its shares fell...Analysis Article • Aug 05
Boyd Group Services Inc.'s (TSE:BYD) Business Is Trailing The Market But Its Shares Aren't
Boyd Group Services Inc.'s ( TSE:BYD ) price-to-earnings (or "P/E") ratio of 47.4x might make it look like a strong...Analysis Article • Jun 29
Boyd Group Services (TSE:BYD) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Jun 08
What Does Boyd Group Services Inc.'s (TSE:BYD) Share Price Indicate?
Boyd Group Services Inc. ( TSE:BYD ), is not the largest company out there, but it saw significant share price movement...Analysis Article • May 09
Here's Why Shareholders May Consider Paying Boyd Group Services Inc.'s (TSE:BYD) CEO A Little More
Key Insights Boyd Group Services' Annual General Meeting to take place on 15th of May Salary of US$785.0k is part of...Analysis Article • Apr 30
Some Confidence Is Lacking In Boyd Group Services Inc.'s (TSE:BYD) P/E
When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") below 13x, you may consider Boyd...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Boyd Group Services makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 3,361 | 13 | 1,145 | 0 |
| 31 Dec 25 | 3,143 | 18 | 1,082 | 0 |
| 30 Sep 25 | 3,101 | 16 | 1,079 | 0 |
| 30 Jun 25 | 3,063 | 8 | 1,075 | 0 |
| 31 Mar 25 | 3,062 | 14 | 1,070 | 0 |
| 31 Dec 24 | 3,070 | 25 | 1,062 | 0 |
| 30 Sep 24 | 3,058 | 41 | 1,042 | 0 |
| 30 Jun 24 | 3,044 | 59 | 1,019 | 0 |
| 31 Mar 24 | 3,018 | 74 | 1,000 | 0 |
| 31 Dec 23 | 2,946 | 87 | 972 | 0 |
| 30 Sep 23 | 2,843 | 82 | 937 | 0 |
| 30 Jun 23 | 2,731 | 73 | 906 | 0 |
| 31 Mar 23 | 2,591 | 60 | 865 | 0 |
| 31 Dec 22 | 2,432 | 41 | 814 | 0 |
| 30 Sep 22 | 2,311 | 32 | 775 | 0 |
| 30 Jun 22 | 2,176 | 20 | 730 | 0 |
| 31 Mar 22 | 2,008 | 17 | 676 | 0 |
| 31 Dec 21 | 1,873 | 24 | 626 | 0 |
| 30 Sep 21 | 1,760 | 35 | 582 | 0 |
| 30 Jun 21 | 1,652 | 50 | 539 | 0 |
| 31 Mar 21 | 1,515 | 35 | 498 | 0 |
| 31 Dec 20 | 1,561 | 44 | 506 | 0 |
| 30 Sep 20 | 1,597 | 39 | 518 | 0 |
| 30 Jun 20 | 1,623 | 33 | 527 | 0 |
| 31 Mar 20 | 1,685 | 47 | 538 | 0 |
| 31 Dec 19 | 1,758 | 49 | 562 | 0 |
| 30 Sep 19 | 1,655 | 60 | 540 | 0 |
| 30 Jun 19 | 1,592 | 62 | 538 | 0 |
| 31 Mar 19 | 1,474 | 60 | 515 | 0 |
| 31 Dec 18 | 1,366 | 57 | 494 | 0 |
| 30 Sep 18 | 1,381 | 55 | 509 | 0 |
| 30 Jun 18 | 1,306 | 56 | 479 | 0 |
| 31 Mar 18 | 1,275 | 48 | 470 | 0 |
| 31 Dec 17 | 1,248 | 46 | 463 | 0 |
| 30 Sep 17 | 1,214 | 35 | 454 | 0 |
| 30 Jun 17 | 1,133 | 23 | 431 | 0 |
| 31 Mar 17 | 1,065 | 34 | 398 | 0 |
| 31 Dec 16 | 1,033 | 23 | 387 | 0 |
| 30 Sep 16 | 1,021 | 15 | 380 | 0 |
| 30 Jun 16 | 998 | -5 | 366 | 0 |
| 31 Mar 16 | 958 | -10 | 352 | 0 |
| 31 Dec 15 | 846 | -16 | 314 | 0 |
| 30 Sep 15 | 822 | -22 | 308 | 0 |
| 30 Jun 15 | 816 | -2 | 304 | 0 |
Quality Earnings: BYD has a large one-off loss of $46.0M impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: BYD's current net profit margins (0.4%) are lower than last year (0.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BYD's earnings have declined by 8.4% per year over the past 5 years.
Accelerating Growth: BYD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BYD had negative earnings growth (-2.9%) over the past year, making it difficult to compare to the Commercial Services industry average (9.6%).
Return on Equity
High ROE: BYD's Return on Equity (0.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/08 10:30 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Boyd Group Services Inc. is covered by 19 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Murray | ATB Cormark |
| Tamy Chen | BMO Capital Markets Equity Research |
| Tristan Thomas-Martin | BMO Capital Markets Equity Research |