BYD vs LVS vs MCRI Stock Comparison

Boyd Gaming, Las Vegas Sands and Monarch Casino & Resort Prices as of Oct 23, 2026 Peers: Industry group
BYD Boyd Gaming Corp
$71.73 -0.1% 1M -15.6% 1Y
Market cap
$5.42B
P/E
3.0x
Revenue (TTM)
$4.10B
Div. yield
0.01%
Casinos Consumer Discretionary
5 wins
LVS Las Vegas Sands Corp
$35.67 -9.0% 1M -37.3% 1Y
Market cap
$23.34B
P/E
14.5x
Revenue (TTM)
$13.60B
Div. yield
–
Casinos Consumer Discretionary
4 wins

Head to Head

12 decided of 12

Boyd Gaming leads on 5 of the 12 questions below (Boyd Gaming 5, Las Vegas Sands 4, Monarch Casino & Resort 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBYDLVSMCRILeader
Larger companyMarket capitalisation $5.42B $23.34B $2.08B LVS
Cheaper on earningsLower P/E, profitable companies only 3.0x 14.5x 18.1x BYD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.5x 12.4x 15.8x BYD
Faster revenue growthRevenue growth, trailing twelve months +1.7% +10.9% +5.1% LVS
More profitableNet margin, trailing twelve months 44.3% 11.8% 20.4% BYD
Better return on capitalReturn on invested capital 10.7% 14.9% — LVS
Less leveragedLower net debt / EBITDA 2.2x 2.9x — BYD
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.01% BYD
Better 1-year returnPrice return, last 12 months -15.6% -37.3% +21.2% MCRI
Better 5-year returnAnnualised price return, 5 years +1.7%/yr -1.3%/yr +10.9%/yr MCRI
Less volatileAnnualised volatility, 1 year 27.4% 31.5% 25.0% MCRI
Higher overall scoreMean of the five percentile scores vs peers 67/100 80/100 55/100 LVS

Percentile Scorecard

BYDLVSMCRI

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

AxisBYDLVSMCRI
Valuation 70 #14 of 44 86 #7 of 44 42 #26 of 44
Growth 43 #25 of 43 81 #9 of 43 62 #17 of 43
Profitability 78 #10 of 42 95 #3 of 42 56 #19 of 42
Financial Health 70 #15 of 48 53 #23 of 48 85 #8 of 48
Shareholder Returns 74 #8 of 28 85 #5 of 28 30 #20 of 28
Overall 67 80 55
  • BYD ranked among 48 companies in Gaming and Leisure
  • LVS ranked among 48 companies in Gaming and Leisure
  • MCRI 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

PeriodBYDLVSMCRISPY
1 month -0.1%-9.0%-4.2% -1.0%
3 months -17.6%-22.6%-5.7% +2.9%
6 months -14.5%-32.5%-2.0% +6.4%
Year to date -15.8%-45.2%+17.7% +11.4%
1 year -15.6%-37.3%+21.2% +13.1%
3 years +17.5%-25.1%+88.6% +79.4%
3 years, per year +5.5%-9.2%+23.6% +21.5%
5 years +8.6%-6.1%+67.6% +67.7%
5 years, per year +1.7%-1.3%+10.9% +10.9%
10 years +284.6%-37.6%+376.6% +255.2%
10 years, per year +14.4%-4.6%+16.9% +13.5%

Risk

MeasureBYDLVSMCRISPY
Volatility, 1Y 27.4%31.5%25.0% 12.7%
Downside volatility, 1Y 28.4%35.6%22.1% 12.7%
Beta vs S&P 500, 1Y 0.530.580.32 1.00
Return / volatility, 1Y -0.57-1.180.85 1.03
Max drawdown, 5Y -35.1%-52.7%-41.8% -25.4%
From 52-week high -21.3%-48.7%-15.8% -2.5%
52-week high $91.15$69.49$133.87 $779.14
52-week low $66.10$35.67$89.05 $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.

MultipleBYDLVSMCRI
P/E now vs peer median 3.0xmedian 17.0x 14.1xmedian 17.0x 17.6xmedian 17.0x
P/S now vs peer median 1.3xmedian 1.9x 1.6xmedian 1.9x 3.6xmedian 1.9x
EV/EBITDA now vs peer median 7.3xmedian 10.5x 7.9xmedian 10.5x -8.1xmedian 10.5x
P/FCF now vs peer median -9.3xmedian 11.2x 9.3xmedian 11.2x 13.1xmedian 11.2x
P/B now vs peer median 2.1xmedian 2.5x -65.0xmedian 2.5x 3.5xmedian 2.5x
PEG now vs peer median 0.06median 0.54 0.33median 0.54 1.59median 0.54

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 monthsBYDLVSMCRI
Revenue $4.10B $13.60B $561.96M
Gross profit $2.01B $6.46B $140.85M
Operating income $670.84M $2.85B -$280.27M
Net income $1.81B $1.81B $114.64M
Free cash flow -$564.43M $2.41B $154.30M
R&D – $180.00M –
EPS (diluted) $24.29 $2.52 $6.28
Cash & equivalents $322.71M $2.86B $138.26M
Total debt $2.61B $62.21B –
Shares (diluted) 74.82M 640.00M 18.26M
Enterprise value $4.05B $9.94B $1.62B

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
MetricBYDLVSMCRI
P/E 3.0x 14.1x 17.6x
P/FCF -9.3x 9.3x 13.1x
P/Operating cash flow 8.4x 6.4x 11.6x
P/S 1.3x 1.6x 3.6x
P/B 2.1x -65.0x 3.5x
P/Tangible book 5.2x -65.0x 3.5x
EV/EBITDA 7.3x 7.9x -8.1x
EV/EBIT 11.2x 12.3x -6.7x
EV/Revenue 1.8x 2.6x 3.3x
EV/FCF -13.4x 14.5x 12.2x
EV/Operating cash flow 12.0x 10.0x 10.8x
PEG (3Y EPS CAGR) 0.06 0.33 1.59

Growth

14 metrics
MetricBYDLVSMCRI
Revenue growth (1Y) 1.7% 10.9% 5.1%
Revenue CAGR (3Y) 3.6% 16.6% 4.3%
Gross profit growth (1Y) -3.4% 5.5% 41.7%
Gross profit CAGR (3Y) -0.4% 16.0% 6.3%
Operating income growth (1Y) -27.4% 5.4% 16.6%
Operating income CAGR (3Y) -12.9% 25.6% -2.5%
Net income growth (1Y) 221.9% 0.2% 45.7%
Net income CAGR (3Y) 35.9% 39.4% 8.4%
EPS growth (1Y) 254.1% 10.9% 49.4%
EPS CAGR (3Y) 50.9% 42.3% 11.0%
Operating cash flow growth (1Y) -34.4% 27.5% 16.6%
Operating cash flow CAGR (3Y) -14.0% 18.1% 1.2%
Free cash flow growth (1Y) -1,103% 86.1% 47.9%
Free cash flow CAGR (3Y) -52.2% 23.5% 5.6%

Profitability

14 metrics
MetricBYDLVSMCRI
Gross margin 49.0% 47.5% 25.1%
EBITDA margin 25.1% 32.4% -41.2%
Operating margin 16.4% 20.9% -49.9%
Pretax margin 55.9% 16.3% 25.5%
Net margin 44.3% 11.8% 20.4%
FCF margin -13.8% 17.7% 27.5%
Operating cash flow margin 15.3% 25.6% 30.9%
Return on equity 72.0% 656.1% 20.4%
Return on assets 27.3% 9.2% 15.6%
Return on invested capital 10.7% 14.9% –
Return on capital employed 11.1% 18.9% -47.2%
Asset turnover 0.6x 0.7x 0.8x
Cash conversion (OCF / net income) 0.3x 1.9x 1.5x
Stock comp / revenue 0.8% 0.5% 1.5%

Financial Health

11 metrics
MetricBYDLVSMCRI
Debt / assets 39.1% 79.5% –
Debt / equity 1.0x -44.9x –
Net debt / EBITDA 2.2x 2.9x –
Debt / FCF -4.6x 6.4x –
Liabilities / assets 62.6% 101.8% 22.2%
Equity / assets 37.4% -1.8% 77.8%
Interest coverage 5.7x 3.8x –
Current ratio 0.8x 0.8x 1.2x
Quick ratio 0.6x 0.8x 1.1x
Cash ratio 0.5x 0.6x 1.0x
Altman Z-score 2.20 2.18 8.15

Shareholder Returns

7 metrics
MetricBYDLVSMCRI
Dividend yield 1.1% 3.2% 1.1%
Net buyback yield 12.5% 12.2% 2.7%
Shareholder yield 13.6% 15.4% 3.8%
Payout ratio (earnings) 3.2% – 18.8%
Payout ratio (FCF) -10.2% – 14.0%
Dividend growth (1Y) -4.5% – -2.2%
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.

ConsensusBYDLVSMCRI
Forward P/E 10.5xFY2026 12.4xFY2026 15.8xFY2026
EPS, next fiscal year $6.81FY2026 $2.88FY2026 $7.15FY2026
EPS growth, next FY -8.0%FY2026 -4.3%FY2026 +31.7%FY2026
EPS growth, the year after +6.9% +14.9% -3.9%
Revenue, next fiscal year $4.36BFY2026 $14.54BFY2026 $556.36MFY2026
Revenue growth, next FY +6.5%FY2026 +11.7%FY2026 +2.1%FY2026
Revenue growth, the year after -7.3% +4.4% +10.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBYDLVSMCRI
Held by institutions 72.8% 41.0% 64.8%
Institutions holding 423 710 256
Change in shares held, QoQ +5.4% +0.1% +3.7%
Institutions buying 186 331 143
Institutions selling 175 290 83
Buyers to sellers 1.06 1.14 1.72

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.

BYDLVSMCRI
BYD 1.00 0.26 0.37
LVS 0.26 1.00 0.14
MCRI 0.37 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BYD, LVS and MCRI?

Las Vegas Sands (LVS) is the largest by market capitalisation: Boyd Gaming (BYD) $5.42B, Las Vegas Sands (LVS) $23.34B, Monarch Casino & Resort (MCRI) $2.08B.

Which stock is cheaper, BYD, LVS and MCRI?

Boyd Gaming (BYD) trades on the lowest price-to-earnings ratio (Boyd Gaming (BYD) 3.0x, Las Vegas Sands (LVS) 14.5x, Monarch Casino & Resort (MCRI) 18.1x). On next year's consensus earnings, Boyd Gaming (BYD) is cheapest (Boyd Gaming (BYD) 10.5x, Las Vegas Sands (LVS) 12.4x, Monarch Casino & Resort (MCRI) 15.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Las Vegas Sands (LVS) grew revenue fastest over the trailing twelve months: Boyd Gaming (BYD) +1.7%, Las Vegas Sands (LVS) +10.9%, Monarch Casino & Resort (MCRI) +5.1%.

Which company is more profitable?

Boyd Gaming (BYD) has the highest net margin (Boyd Gaming (BYD) 44.3%, Las Vegas Sands (LVS) 11.8%, Monarch Casino & Resort (MCRI) 20.4%). On return on invested capital, Las Vegas Sands (LVS) leads (Boyd Gaming (BYD) 10.7%, Las Vegas Sands (LVS) 14.9%).

Which stock has performed better?

Over the past year Monarch Casino & Resort (MCRI) returned the most: Boyd Gaming (BYD) -15.6%, Las Vegas Sands (LVS) -37.3%, Monarch Casino & Resort (MCRI) +21.2%. Over five years, Monarch Casino & Resort (MCRI) compounded fastest (Boyd Gaming (BYD) +1.7%/yr, Las Vegas Sands (LVS) -1.3%/yr, Monarch Casino & Resort (MCRI) +10.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Boyd Gaming (BYD) has the highest dividend yield: Boyd Gaming (BYD) 0.01%, Las Vegas Sands (LVS) 0.00%, Monarch Casino & Resort (MCRI) 0.01%. Las Vegas Sands (LVS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Monarch Casino & Resort (MCRI) has been the steadiest (Boyd Gaming (BYD) 27.4%, Las Vegas Sands (LVS) 31.5%, Monarch Casino & Resort (MCRI) 25.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BYD, LVS and MCRI?

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 5. 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.