Boyd Gaming Corporation (BYD) vs PENN Entertainment, Inc. (PENN)
Boyd Gaming Corporation and PENN Entertainment, Inc. are both Resorts & Casinos companies. Boyd Gaming Corporation is the larger, with a market value of $5.2B against $2.1B — 2.5× the size. PENN Entertainment, Inc. has negative trailing earnings, so its P/E is not meaningful; Boyd Gaming Corporation trades at 3.1×. PENN Entertainment, Inc. grew revenue faster over the last twelve months: 6.14% against 1.75%. Boyd Gaming Corporation has the higher net margin (44.3% vs −12.7%) and the higher return on invested capital (8.77% vs −4.38%). Across the 19 metrics below, Boyd Gaming Corporation leads on 10 and PENN Entertainment, Inc. on 9.
Valuation
Profitability
| Metric | BYD | PENN | Resorts & Casinos median |
|---|---|---|---|
| Gross margin | 49.00% | 35.16% | 50.85% |
| Operating margin | 16.37% | (7.89%) | 10.41% |
| Net margin | 44.34% | (12.66%) | 1.28% |
| Free cash flow margin | 0.86% | 0.53% | 4.23% |
| Return on equity | 93.36% | (37.49%) | 5.28% |
| Return on assets | 27.44% | (6.19%) | 0.57% |
| Return on invested capital | 8.77% | (4.38%) | 5.61% |
Growth
Health
Dividend
Size
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