BYD vs CDRO vs CZR Stock Comparison

Boyd Gaming, Codere Online Luxembourg and Caesars Entertainment Prices as of Oct 27, 2026 Peers: Industry group
BYD Boyd Gaming Corp
$71.90 +0.9% 1M -9.7% 1Y
Market cap
$5.26B
P/E
2.8x
Revenue (TTM)
$4.08B
Div. yield
1.08%
Casinos Consumer Discretionary
4 wins

Head to Head

7 decided of 12

Boyd Gaming leads on 4 of the 12 questions below (Boyd Gaming 4, Caesars Entertainment 2, Codere Online Luxembourg 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBYDCDROCZRLeader
Larger companyMarket capitalisation $5.26B $436.21M $5.88B CZR
Cheaper on earningsLower P/E, profitable companies only 2.8x — -11.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.7x 29.2x — BYD
Faster revenue growthRevenue growth, trailing twelve months +0.3% — +3.1% CZR
More profitableNet margin, trailing twelve months — — -4.5% –
Better return on capitalReturn on invested capital — — 11.4% –
Less leveragedLower net debt / EBITDA — — 3.3x –
Higher dividend yieldTrailing dividend yield 1.08% — — –
Better 1-year returnPrice return, last 12 months -9.7% +51.3% +27.9% CDRO
Better 5-year returnAnnualised price return, 5 years +2.1%/yr -0.7%/yr -23.6%/yr BYD
Less volatileAnnualised volatility, 1 year 26.3% 31.9% 43.8% BYD
Higher overall scoreMean of the five percentile scores vs peers 47/100 — 47/100 BYD

Percentile Scorecard

BYDCDROCZR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBYDCDROCZR
Valuation 77 #11 of 44 – 86 #7 of 44
Growth 41 #26 of 43 – 17 #36 of 43
Profitability – – 50 #21 of 41
Financial Health – 80 #10 of 47 37 #30 of 47
Shareholder Returns 25 #22 of 29 – 46 #16 of 29
Overall 47 – 47
  • BYD ranked among 48 companies in Gaming and Leisure
  • CDRO ranked among 48 companies in Gaming and Leisure
  • CZR ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBYDCDROCZRSPY
1 month +0.9%-3.7%-2.5% -0.2%
3 months -21.1%+3.4%-3.7% +3.9%
6 months -17.2%+9.0%+5.6% +8.2%
Year to date -15.6%+20.0%+23.3% +12.9%
1 year -9.7%+51.3%+27.9% +12.3%
3 years +31.8%+218.2%-26.3% +87.4%
3 years, per year +9.6%+47.1%-9.7% +23.3%
5 years +10.8%-3.6%-74.0% +67.9%
5 years, per year +2.1%-0.7%-23.6% +10.9%
10 years +300.3%—+138.4% +261.1%
10 years, per year +14.9%—+9.1% +13.7%

Risk

MeasureBYDCDROCZRSPY
Volatility, 1Y 26.3%31.9%43.8% 12.7%
Downside volatility, 1Y 26.4%29.5%40.4% 12.7%
Beta vs S&P 500, 1Y 0.570.460.58 1.00
Return / volatility, 1Y -0.371.610.64 0.97
Max drawdown, 5Y -35.1%-79.0%-83.8% -25.4%
From 52-week high -21.1%-5.5%-5.1% -1.2%
52-week high $91.15$10.20$30.41 $779.14
52-week low $66.10$5.43$18.14 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBYDCDROCZR
P/E now vs peer median 2.8xmedian 17.0x —median 17.0x -11.0xmedian 17.0x
P/S now vs peer median 1.3xmedian 1.9x —median 1.9x 0.5xmedian 1.9x
EV/EBITDA now vs peer median —median 10.8x —median 10.8x 5.2xmedian 10.8x
P/FCF now vs peer median -8.7xmedian 11.2x —median 11.2x 10.1xmedian 11.2x
P/B now vs peer median —median 2.4x 10.0xmedian 2.4x 1.7xmedian 2.4x
PEG now vs peer median —median 0.56 —median 0.56 0.27median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBYDCDROCZR
Revenue $4.08B – $11.72B
Gross profit – – $5.82B
Operating income $725.98M – $1.80B
Net income $496.64M – -$497.00M
Free cash flow – – $582.00M
EPS (diluted) – – $-2.61
Cash & equivalents – $71.43M $864.00M
Total debt – – $11.56B
Shares (diluted) 74.82M 45.89M 204.00M
Enterprise value $5.26B $165.18M $2.47B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBYDCDROCZR
P/E 2.8x – -11.0x
P/FCF -8.7x – 10.1x
P/Operating cash flow – – 4.7x
P/S 1.3x – 0.5x
P/B – 10.0x 1.7x
P/Tangible book – 10.0x -12.0x
EV/EBITDA – – 5.2x
EV/EBIT – – 9.2x
EV/Revenue 1.3x – 1.4x
EV/FCF – – 28.5x
EV/Operating cash flow – – 13.3x
PEG (3Y EPS CAGR) – – 0.27

Growth

14 metrics
MetricBYDCDROCZR
Revenue growth (1Y) 0.3% – 3.1%
Revenue CAGR (3Y) 3.3% – 0.6%
Gross profit growth (1Y) – – 1.9%
Gross profit CAGR (3Y) – – -2.1%
Operating income growth (1Y) -13.9% – -18.0%
Operating income CAGR (3Y) -10.0% – -9.4%
Net income growth (1Y) -73.5% – -140.1%
Net income CAGR (3Y) -10.8% – -39.0%
EPS growth (1Y) – – -124.4%
EPS CAGR (3Y) – – -40.9%
Operating cash flow growth (1Y) – – -4.7%
Operating cash flow CAGR (3Y) – – -11.9%
Free cash flow growth (1Y) – – 53.2%
Free cash flow CAGR (3Y) – – -5.7%

Profitability

14 metrics
MetricBYDCDROCZR
Gross margin – – 49.7%
EBITDA margin – – 27.4%
Operating margin – – 15.4%
Pretax margin – – -4.1%
Net margin – – -4.5%
FCF margin – – 5.0%
Operating cash flow margin – – 10.6%
Return on equity – – -13.3%
Return on assets – – -1.5%
Return on invested capital – – 11.4%
Return on capital employed – – 6.1%
Asset turnover – – 0.4x
Cash conversion (OCF / net income) – – -2.5x
Stock comp / revenue – – 0.8%

Financial Health

11 metrics
MetricBYDCDROCZR
Debt / assets – – 36.8%
Debt / equity – – 3.4x
Net debt / EBITDA – – 3.3x
Debt / FCF – – 19.9x
Liabilities / assets – 61.1% 89.0%
Equity / assets – 38.9% 11.0%
Interest coverage – – –
Current ratio – 1.5x 0.8x
Quick ratio – 1.5x 0.6x
Cash ratio – 1.3x 0.4x
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBYDCDROCZR
Dividend yield 1.1% – –
Net buyback yield – – 3.0%
Shareholder yield 1.1% – 3.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBYDCDROCZR
Forward P/E 10.7xFY2026 29.2xFY2026 –
EPS, next fiscal year $6.71FY2026 $0.33FY2026 $-1.01FY2026
EPS growth, next FY -9.3%FY2026 – –
EPS growth, the year after +8.3% +84.8% –
Revenue, next fiscal year $4.35BFY2026 $304.93MFY2026 $11.36BFY2026
Revenue growth, next FY +6.3%FY2026 +15.9%FY2026 -1.1%FY2026
Revenue growth, the year after -7.7% -4.1% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBYDCDROCZR
Held by institutions 72.8% 12.2% 96.6%
Institutions holding 423 20 415
Change in shares held, QoQ +5.4% +0.4% -4.0%
Institutions buying 186 10 208
Institutions selling 175 4 151
Buyers to sellers 1.06 2.50 1.38

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BYDCDROCZR
BYD 1.00 0.14 0.36
CDRO 0.14 1.00 0.07
CZR 0.36 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BYD, CDRO and CZR?

Caesars Entertainment (CZR) is the largest by market capitalisation: Boyd Gaming (BYD) $5.26B, Codere Online Luxembourg (CDRO) $436.21M, Caesars Entertainment (CZR) $5.88B.

Which company is growing faster?

Caesars Entertainment (CZR) grew revenue fastest over the trailing twelve months: Boyd Gaming (BYD) +0.3%, Caesars Entertainment (CZR) +3.1%.

Which stock has performed better?

Over the past year Codere Online Luxembourg (CDRO) returned the most: Boyd Gaming (BYD) -9.7%, Codere Online Luxembourg (CDRO) +51.3%, Caesars Entertainment (CZR) +27.9%. Over five years, Boyd Gaming (BYD) compounded fastest (Boyd Gaming (BYD) +2.1%/yr, Codere Online Luxembourg (CDRO) -0.7%/yr, Caesars Entertainment (CZR) -23.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Boyd Gaming (BYD) 1.08%. Codere Online Luxembourg (CDRO) and Caesars Entertainment (CZR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Boyd Gaming (BYD) has been the steadiest (Boyd Gaming (BYD) 26.3%, Codere Online Luxembourg (CDRO) 31.9%, Caesars Entertainment (CZR) 43.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BYD, CDRO and CZR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Boyd Gaming (BYD) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.