CZR vs BYD vs WYNN Stock Comparison

Caesars Entertainment, Boyd Gaming and Wynn Resorts Prices as of Nov 5, 2026 Peers: Industry group
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BYD Boyd Gaming Corp
$77.05 +9.4% 1M -4.0% 1Y
Market cap
$5.56B
P/E
11.1x
Revenue (TTM)
$4.08B
Div. yield
0.01%
Casinos Consumer Discretionary
8 wins
WYNN Wynn Resorts Ltd
$79.32 +3.5% 1M -36.6% 1Y
Market cap
$8.50B
P/E
22.5x
Revenue (TTM)
$7.27B
Div. yield
–
Casinos Consumer Discretionary
1 win

Head to Head

11 decided of 12

Boyd Gaming leads on 8 of the 12 questions below (Boyd Gaming 8, Caesars Entertainment 2, Wynn Resorts 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCZRBYDWYNNLeader
Larger companyMarket capitalisation $5.95B $5.56B $8.50B WYNN
Cheaper on earningsLower P/E, profitable companies only -11.2x 11.1x 22.5x BYD
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 11.6x 18.4x BYD
Faster revenue growthRevenue growth, trailing twelve months +3.1% +0.3% +2.2% CZR
More profitableNet margin, trailing twelve months -4.5% 12.3% 5.2% BYD
Better return on capitalReturn on invested capital 11.4% 11.5% 9.5% BYD
Less leveragedLower net debt / EBITDA 3.3x 2.2x 5.3x BYD
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +46.4% -4.0% -36.6% CZR
Better 5-year returnAnnualised price return, 5 years -22.8%/yr +2.7%/yr -3.9%/yr BYD
Less volatileAnnualised volatility, 1 year 39.7% 26.8% 32.6% BYD
Higher overall scoreMean of the five percentile scores vs peers 49/100 54/100 53/100 BYD

Percentile Scorecard

CZRBYDWYNN

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

AxisCZRBYDWYNN
Valuation 93 #4 of 45 59 #19 of 45 75 #12 of 45
Growth 26 #32 of 43 7 #40 of 43 60 #18 of 43
Profitability 51 #21 of 42 78 #10 of 42 71 #13 of 42
Financial Health 36 #31 of 48 53 #23 of 48 21 #38 of 48
Shareholder Returns 36 #19 of 29 71 #9 of 29 39 #18 of 29
Overall 49 54 53
  • CZR ranked among 48 companies in Gaming and Leisure
  • BYD ranked among 48 companies in Gaming and Leisure
  • WYNN 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

PeriodCZRBYDWYNNSPY
1 month -1.6%+9.4%+3.5% -5.9%
3 months -2.9%-8.4%-21.9% -4.6%
6 months +5.0%-9.6%-25.8% +0.2%
Year to date +24.8%-9.6%-34.1% +7.5%
1 year +46.4%-4.0%-36.6% +8.2%
3 years -33.5%+33.7%-16.6% +68.3%
3 years, per year -12.7%+10.2%-5.9% +19.0%
5 years -72.6%+14.3%-18.2% +56.5%
5 years, per year -22.8%+2.7%-3.9% +9.4%
10 years +170.2%+345.4%-9.9% +251.5%
10 years, per year +10.5%+16.1%-1.0% +13.4%

Risk

MeasureCZRBYDWYNNSPY
Volatility, 1Y 39.7%26.8%32.6% 13.6%
Downside volatility, 1Y 32.7%26.2%32.0% 14.2%
Beta vs S&P 500, 1Y 0.500.490.85 1.00
Return / volatility, 1Y 1.17-0.15-1.13 0.60
Max drawdown, 5Y -82.9%-35.1%-46.9% -25.4%
From 52-week high -4.0%-15.5%-40.4% -5.9%
52-week high $30.41$91.15$133.09 $779.14
52-week low $18.14$66.10$71.38 $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.

MultipleCZRBYDWYNN
P/E now vs peer median -11.2xmedian 21.1x 11.2xmedian 21.1x 21.4xmedian 21.1x
P/S now vs peer median 0.5xmedian 1.9x 1.3xmedian 1.9x 1.1xmedian 1.9x
EV/EBITDA now vs peer median 5.2xmedian 10.9x 7.1xmedian 10.9x 10.0xmedian 10.9x
P/FCF now vs peer median 10.2xmedian 12.2x -8.9xmedian 12.2x 15.8xmedian 12.2x
P/B now vs peer median 1.7xmedian 2.2x 2.2xmedian 2.2x -8.3xmedian 2.2x
PEG now vs peer median 0.27median 0.52 -34.07median 0.52 0.16median 0.52

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 monthsCZRBYDWYNN
Revenue $11.72B $4.08B $7.27B
Gross profit $5.82B $2.01B $2.92B
Operating income $1.80B $725.98M $1.03B
Net income -$497.00M $496.64M $492.22M
Free cash flow $582.00M -$615.15M $515.28M
EPS (diluted) $-2.61 $6.87 $3.69
Cash & equivalents $864.00M $297.18M $1.64B
Total debt $11.56B $2.68B $10.73B
Shares (diluted) 204.00M 73.05M 102.27M
Enterprise value $2.37B $4.22B $2.64B

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
MetricCZRBYDWYNN
P/E -11.2x 11.2x 21.4x
P/FCF 10.2x -8.9x 15.8x
P/Operating cash flow 4.8x 9.3x 6.7x
P/S 0.5x 1.3x 1.1x
P/B 1.7x 2.2x -8.3x
P/Tangible book -12.1x 5.7x -6.9x
EV/EBITDA 5.2x 7.1x 10.0x
EV/EBIT 9.2x 10.8x 16.7x
EV/Revenue 1.4x 1.9x 2.4x
EV/FCF 28.6x -12.8x 33.5x
EV/Operating cash flow 13.4x 13.4x 14.1x
PEG (3Y EPS CAGR) 0.27 -34.07 0.16

Growth

14 metrics
MetricCZRBYDWYNN
Revenue growth (1Y) 3.1% 0.3% 2.2%
Revenue CAGR (3Y) 0.6% 3.3% 8.5%
Gross profit growth (1Y) 1.9% -2.9% 51.8%
Gross profit CAGR (3Y) -2.1% -0.3% -5.9%
Operating income growth (1Y) -18.0% -13.9% -14.7%
Operating income CAGR (3Y) -9.4% -10.0% 21.1%
Net income growth (1Y) -140.1% -73.5% -19.2%
Net income CAGR (3Y) -39.0% -10.8% 234.3%
EPS growth (1Y) -124.4% -70.3% -24.1%
EPS CAGR (3Y) -40.9% -0.3% 132.3%
Operating cash flow growth (1Y) -4.7% -38.9% -9.9%
Operating cash flow CAGR (3Y) -11.9% -14.6% 11.2%
Free cash flow growth (1Y) 53.2% -13,315% -30.1%
Free cash flow CAGR (3Y) -5.7% -59.5% -1.1%

Profitability

14 metrics
MetricCZRBYDWYNN
Gross margin 49.7% 49.1% 40.1%
EBITDA margin 27.4% 27.0% 23.8%
Operating margin 15.4% 17.8% 14.2%
Pretax margin -4.1% 15.0% 7.5%
Net margin -4.5% 12.3% 5.2%
FCF margin 5.0% -15.1% 7.1%
Operating cash flow margin 10.6% 14.4% 16.8%
Return on equity -13.3% 20.1% –
Return on assets -1.5% 7.4% 3.7%
Return on invested capital 11.4% 11.5% 9.5%
Return on capital employed 6.1% 13.9% 9.9%
Asset turnover 0.4x 0.6x 0.6x
Cash conversion (OCF / net income) -2.5x 1.2x 2.5x
Stock comp / revenue 0.8% 0.8% 1.2%

Financial Health

11 metrics
MetricCZRBYDWYNN
Debt / assets 36.8% 40.2% 81.8%
Debt / equity 3.4x 1.1x -10.9x
Net debt / EBITDA 3.3x 2.2x 5.3x
Debt / FCF 19.9x -4.3x 20.8x
Liabilities / assets 89.0% 63.2% 107.5%
Equity / assets 11.0% 36.8% -7.5%
Interest coverage – 6.1x 1.7x
Current ratio 0.8x 0.3x 0.9x
Quick ratio 0.6x 0.3x 0.8x
Cash ratio 0.4x 0.2x 0.6x
Altman Z-score – 2.10 1.00

Shareholder Returns

7 metrics
MetricCZRBYDWYNN
Dividend yield – 1.0% 1.3%
Net buyback yield 3.0% 12.0% 2.7%
Shareholder yield 3.0% 13.0% 4.0%
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.

ConsensusCZRBYDWYNN
Forward P/E – 11.6xFY2026 18.4xFY2026
EPS, next fiscal year $-1.43FY2026 $6.67FY2026 $4.31FY2026
EPS growth, next FY – -9.9%FY2026 +2.9%FY2026
EPS growth, the year after – +8.8% -3.0%
Revenue, next fiscal year $11.34BFY2026 $4.35BFY2026 $7.73BFY2026
Revenue growth, next FY -1.3%FY2026 +6.3%FY2026 +8.3%FY2026
Revenue growth, the year after +9.5% -7.7% -7.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCZRBYDWYNN
Held by institutions 96.6% 72.8% 71.9%
Institutions holding 417 425 499
Change in shares held, QoQ -4.0% +5.4% +3.9%
Institutions buying 208 186 212
Institutions selling 152 176 192
Buyers to sellers 1.37 1.06 1.10

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.

CZRBYDWYNN
CZR 1.00 0.34 0.27
BYD 0.34 1.00 0.47
WYNN 0.27 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CZR, BYD and WYNN?

Wynn Resorts (WYNN) is the largest by market capitalisation: Caesars Entertainment (CZR) $5.95B, Boyd Gaming (BYD) $5.56B, Wynn Resorts (WYNN) $8.50B.

Which stock is cheaper, CZR, BYD and WYNN?

Boyd Gaming (BYD) trades on the lowest price-to-earnings ratio (Caesars Entertainment (CZR) -11.2x, Boyd Gaming (BYD) 11.1x, Wynn Resorts (WYNN) 22.5x). On next year's consensus earnings, Boyd Gaming (BYD) is cheapest (Boyd Gaming (BYD) 11.6x, Wynn Resorts (WYNN) 18.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Caesars Entertainment (CZR) grew revenue fastest over the trailing twelve months: Caesars Entertainment (CZR) +3.1%, Boyd Gaming (BYD) +0.3%, Wynn Resorts (WYNN) +2.2%.

Which company is more profitable?

Boyd Gaming (BYD) has the highest net margin (Caesars Entertainment (CZR) -4.5%, Boyd Gaming (BYD) 12.3%, Wynn Resorts (WYNN) 5.2%). On return on invested capital, Boyd Gaming (BYD) leads (Caesars Entertainment (CZR) 11.4%, Boyd Gaming (BYD) 11.5%, Wynn Resorts (WYNN) 9.5%).

Which stock has performed better?

Over the past year Caesars Entertainment (CZR) returned the most: Caesars Entertainment (CZR) +46.4%, Boyd Gaming (BYD) -4.0%, Wynn Resorts (WYNN) -36.6%. Over five years, Boyd Gaming (BYD) compounded fastest (Caesars Entertainment (CZR) -22.8%/yr, Boyd Gaming (BYD) +2.7%/yr, Wynn Resorts (WYNN) -3.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Caesars Entertainment (CZR) 0.00%, Boyd Gaming (BYD) 0.01%, Wynn Resorts (WYNN) 0.00%. Caesars Entertainment (CZR) and Wynn Resorts (WYNN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Boyd Gaming (BYD) has been the steadiest (Caesars Entertainment (CZR) 39.7%, Boyd Gaming (BYD) 26.8%, Wynn Resorts (WYNN) 32.6%). Volatility measures how widely the price swings, not the risk of the business.

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

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 8. 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.