Boyd Gaming Corporation (BYD) vs Las Vegas Sands Corp. (LVS)
Boyd Gaming Corporation and Las Vegas Sands Corp. are both Resorts & Casinos companies. Las Vegas Sands Corp. is the larger, with a market value of $25.2B against $5.2B — 4.8× the size. Boyd Gaming Corporation trades at the lower P/E: 3.1× against 15.1×. Las Vegas Sands Corp. grew revenue faster over the last twelve months: 18.1% against 1.75%. Boyd Gaming Corporation has the higher net margin (44.3% vs 12.6%) and the lower return on invested capital (8.77% vs 14.4%). Both pay a dividend; Las Vegas Sands Corp. yields more (1.27% vs 0.97%). Across the 22 metrics below, Boyd Gaming Corporation leads on 12 and Las Vegas Sands Corp. on 10.
Valuation
Profitability
| Metric | BYD | LVS | Resorts & Casinos median |
|---|---|---|---|
| Gross margin | 49.00% | 48.52% | 50.85% |
| Operating margin | 16.37% | 21.49% | 10.41% |
| Net margin | 44.34% | 12.59% | 1.28% |
| Free cash flow margin | 0.86% | 19.78% | 4.23% |
| Return on equity | 93.36% | 108.65% | 5.28% |
| Return on assets | 27.44% | 8.27% | 0.57% |
| Return on invested capital | 8.77% | 14.41% | 5.61% |
Growth
Health
Dividend
Size
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