BYD vs CZR vs FLUT Stock Comparison

Boyd Gaming, Caesars Entertainment and Flutter Entertainment Prices as of Oct 28, 2026 Peers: Industry group
BYD Boyd Gaming Corp
$70.75 +2.2% 1M -10.4% 1Y
Market cap
$5.04B
P/E
10.3x
Revenue (TTM)
$4.08B
Div. yield
1.10%
Casinos Consumer Discretionary
7 wins
FLUT Flutter Entertainment plc
$78.51 +2.5% 1M -66.9% 1Y
Market cap
$13.62B
P/E
–
Revenue (TTM)
$17.16B
Div. yield
–
Sports Betting Consumer Discretionary
2 wins

Head to Head

10 decided of 12

Boyd Gaming leads on 7 of the 12 questions below (Boyd Gaming 7, Flutter Entertainment 2, Caesars Entertainment 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBYDCZRFLUTLeader
Larger companyMarket capitalisation $5.04B $5.82B $13.62B FLUT
Cheaper on earningsLower P/E, profitable companies only 10.3x -10.9x -18.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.5x — 17.8x BYD
Faster revenue growthRevenue growth, trailing twelve months +0.3% +3.1% +15.2% FLUT
More profitableNet margin, trailing twelve months 12.3% -4.5% -4.4% BYD
Better return on capitalReturn on invested capital 11.5% 11.4% -3.0% BYD
Less leveragedLower net debt / EBITDA 2.2x 3.3x 10.1x BYD
Higher dividend yieldTrailing dividend yield 1.10% — — –
Better 1-year returnPrice return, last 12 months -10.4% +29.3% -66.9% CZR
Better 5-year returnAnnualised price return, 5 years +2.1%/yr -23.6%/yr -16.1%/yr BYD
Less volatileAnnualised volatility, 1 year 26.3% 43.8% 51.0% BYD
Higher overall scoreMean of the five percentile scores vs peers 55/100 49/100 45/100 BYD

Percentile Scorecard

BYDCZRFLUT

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

AxisBYDCZRFLUT
Valuation 61 #18 of 44 91 #5 of 44 56 #20 of 44
Growth 7 #40 of 43 24 #33 of 43 31 #30 of 43
Profitability 76 #11 of 42 49 #22 of 42 32 #29 of 42
Financial Health 57 #21 of 47 39 #29 of 47 41 #28 of 47
Shareholder Returns 74 #8 of 28 41 #17 of 28 63 #11 of 28
Overall 55 49 45
  • BYD ranked among 48 companies in Gaming and Leisure
  • CZR ranked among 48 companies in Gaming and Leisure
  • FLUT 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

PeriodBYDCZRFLUTSPY
1 month +2.2%-3.4%+2.5% +0.9%
3 months -22.1%-4.0%-27.1% +5.9%
6 months -18.0%+4.3%-27.0% +8.5%
Year to date -17.0%+22.1%-63.5% +13.3%
1 year -10.4%+29.3%-66.9% +12.4%
3 years +29.7%-27.0%-49.4% +88.1%
3 years, per year +9.1%-10.0%-20.3% +23.5%
5 years +10.9%-73.9%-58.5% +68.2%
5 years, per year +2.1%-23.6%-16.1% +11.0%
10 years +293.3%+136.1%-31.5% +263.4%
10 years, per year +14.7%+9.0%-3.7% +13.8%

Risk

MeasureBYDCZRFLUTSPY
Volatility, 1Y 26.3%43.8%51.0% 12.7%
Downside volatility, 1Y 26.4%40.3%57.7% 12.7%
Beta vs S&P 500, 1Y 0.560.580.78 1.00
Return / volatility, 1Y -0.400.67-1.31 0.98
Max drawdown, 5Y -35.1%-83.8%-75.9% -25.4%
From 52-week high -22.4%-6.1%-66.9% -0.9%
52-week high $91.15$30.41$237.21 $779.14
52-week low $66.10$18.14$74.27 $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.

MultipleBYDCZRFLUT
P/E now vs peer median 10.3xmedian 16.8x -10.9xmedian 16.8x -18.2xmedian 16.8x
P/S now vs peer median 1.2xmedian 1.9x 0.5xmedian 1.9x 0.8xmedian 1.9x
EV/EBITDA now vs peer median 6.7xmedian 10.2x 5.1xmedian 10.2x 23.4xmedian 10.2x
P/FCF now vs peer median -8.2xmedian 11.2x 10.0xmedian 11.2x 11.0xmedian 11.2x
P/B now vs peer median 2.1xmedian 2.2x 1.7xmedian 2.2x 1.5xmedian 2.2x
PEG now vs peer median -31.29median 0.44 0.27median 0.44 —median 0.44

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 monthsBYDCZRFLUT
Revenue $4.08B $11.72B $17.16B
Gross profit $2.01B $5.82B $7.29B
Operating income $725.98M $1.80B -$641.00M
Net income $496.64M -$497.00M -$866.00M
Free cash flow -$615.15M $582.00M $1.24B
R&D – – $1.08B
EPS (diluted) $6.87 $-2.61 $-4.31
Cash & equivalents $297.18M $864.00M $1.56B
Total debt $2.68B $11.56B $11.98B
Shares (diluted) 73.05M 204.00M 175.00M
Enterprise value $3.69B $2.41B $7.37B

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
MetricBYDCZRFLUT
P/E 10.3x -10.9x -18.2x
P/FCF -8.2x 10.0x 11.0x
P/Operating cash flow 8.6x 4.7x 10.2x
P/S 1.2x 0.5x 0.8x
P/B 2.1x 1.7x 1.5x
P/Tangible book 5.2x -11.8x 5.5x
EV/EBITDA 6.7x 5.1x 23.4x
EV/EBIT 10.2x 9.2x -37.5x
EV/Revenue 1.8x 1.4x 1.4x
EV/FCF -12.1x 28.4x 19.4x
EV/Operating cash flow 12.6x 13.3x 18.1x
PEG (3Y EPS CAGR) -31.29 0.27 –

Growth

14 metrics
MetricBYDCZRFLUT
Revenue growth (1Y) 0.3% 3.1% 15.2%
Revenue CAGR (3Y) 3.3% 0.6% –
Gross profit growth (1Y) -2.9% 1.9% 4.2%
Gross profit CAGR (3Y) -0.3% -2.1% –
Operating income growth (1Y) -13.9% -18.0% -164.9%
Operating income CAGR (3Y) -10.0% -9.4% –
Net income growth (1Y) -73.5% -140.1% -309.2%
Net income CAGR (3Y) -10.8% -39.0% –
EPS growth (1Y) -70.3% -124.4% -310.7%
EPS CAGR (3Y) -0.3% -40.9% –
Operating cash flow growth (1Y) -38.9% -4.7% -10.7%
Operating cash flow CAGR (3Y) -14.6% -11.9% –
Free cash flow growth (1Y) -13,315% 53.2% -7.2%
Free cash flow CAGR (3Y) -59.5% -5.7% –

Profitability

14 metrics
MetricBYDCZRFLUT
Gross margin 49.1% 49.7% 42.5%
EBITDA margin 27.0% 27.4% 6.0%
Operating margin 17.8% 15.4% -3.7%
Pretax margin 15.0% -4.1% -4.3%
Net margin 12.3% -4.5% -4.4%
FCF margin -15.1% 5.0% 7.2%
Operating cash flow margin 14.4% 10.6% 7.8%
Return on equity 20.1% -13.3% -9.5%
Return on assets 7.4% -1.5% -3.1%
Return on invested capital 11.5% 11.4% -3.0%
Return on capital employed 13.9% 6.1% -2.8%
Asset turnover 0.6x 0.4x 0.6x
Cash conversion (OCF / net income) 1.2x -2.5x -1.5x
Stock comp / revenue 0.8% 0.8% 1.4%

Financial Health

11 metrics
MetricBYDCZRFLUT
Debt / assets 40.2% 36.8% 42.5%
Debt / equity 1.1x 3.4x 1.3x
Net debt / EBITDA 2.2x 3.3x 10.1x
Debt / FCF -4.3x 19.9x 9.6x
Liabilities / assets 63.2% 89.0% 68.2%
Equity / assets 36.8% 11.0% 31.8%
Interest coverage 6.1x – –
Current ratio 0.3x 0.8x 0.9x
Quick ratio 0.3x 0.6x 0.4x
Cash ratio 0.2x 0.4x 0.3x
Altman Z-score 2.03 – 1.32

Shareholder Returns

7 metrics
MetricBYDCZRFLUT
Dividend yield 1.1% – –
Net buyback yield 13.1% 3.1% 5.8%
Shareholder yield 14.2% 3.1% 5.8%
Payout ratio (earnings) 11.6% – –
Payout ratio (FCF) -9.4% – –
Dividend growth (1Y) -2.5% – –
Dividend CAGR (3Y) -3.2% – –

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.

ConsensusBYDCZRFLUT
Forward P/E 10.5xFY2026 – 17.8xFY2026
EPS, next fiscal year $6.71FY2026 $-1.01FY2026 $4.40FY2026
EPS growth, next FY -9.3%FY2026 – -44.6%FY2026
EPS growth, the year after +8.3% – +49.8%
Revenue, next fiscal year $4.35BFY2026 $11.36BFY2026 $16.91BFY2026
Revenue growth, next FY +6.3%FY2026 -1.1%FY2026 +3.2%FY2026
Revenue growth, the year after -7.7% +9.7% +18.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBYDCZRFLUT
Held by institutions 72.8% 96.6% 83.0%
Institutions holding 423 415 403
Change in shares held, QoQ +5.4% -4.0% +2.0%
Institutions buying 186 208 199
Institutions selling 175 151 170
Buyers to sellers 1.06 1.38 1.17

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.

BYDCZRFLUT
BYD 1.00 0.34 0.39
CZR 0.34 1.00 0.23
FLUT 0.39 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BYD, CZR and FLUT?

Flutter Entertainment (FLUT) is the largest by market capitalisation: Boyd Gaming (BYD) $5.04B, Caesars Entertainment (CZR) $5.82B, Flutter Entertainment (FLUT) $13.62B.

Which company is growing faster?

Flutter Entertainment (FLUT) grew revenue fastest over the trailing twelve months: Boyd Gaming (BYD) +0.3%, Caesars Entertainment (CZR) +3.1%, Flutter Entertainment (FLUT) +15.2%.

Which company is more profitable?

Boyd Gaming (BYD) has the highest net margin (Boyd Gaming (BYD) 12.3%, Caesars Entertainment (CZR) -4.5%, Flutter Entertainment (FLUT) -4.4%). On return on invested capital, Boyd Gaming (BYD) leads (Boyd Gaming (BYD) 11.5%, Caesars Entertainment (CZR) 11.4%, Flutter Entertainment (FLUT) -3.0%).

Which stock has performed better?

Over the past year Caesars Entertainment (CZR) returned the most: Boyd Gaming (BYD) -10.4%, Caesars Entertainment (CZR) +29.3%, Flutter Entertainment (FLUT) -66.9%. Over five years, Boyd Gaming (BYD) compounded fastest (Boyd Gaming (BYD) +2.1%/yr, Caesars Entertainment (CZR) -23.6%/yr, Flutter Entertainment (FLUT) -16.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Boyd Gaming (BYD) 1.10%. Caesars Entertainment (CZR) and Flutter Entertainment (FLUT) 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%, Caesars Entertainment (CZR) 43.8%, Flutter Entertainment (FLUT) 51.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.