Boyd Gaming (BYD) vs Caesars Entertainment (CZR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Caesars Entertainment (CZR) has outperformed Boyd Gaming (BYD) over the past year, gaining 28.3% versus a loss of 17.3%. Over five years, BYD leads with a +3.9% price change compared with -73.4% for CZR. Caesars Entertainment is the larger company by market cap ($6.01 billion vs $5.01 billion), about 1.2 times the size, while Boyd Gaming is growing revenue faster (+4.1% vs +2.1%).
On valuation, Boyd Gaming trades at a lower forward P/E (8.9x vs 40.8x for Caesars Entertainment). Boyd Gaming pays a dividend yielding 1.10%, while Caesars Entertainment does not currently pay one. Boyd Gaming converts more of its revenue into profit, with a net margin of 45.0% versus -4.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BYD | CZR |
|---|---|---|
| Share price | $68.93 | $29.50 |
| Market cap | $5.01B | $6.01B |
| 1-day change | -1.53% | -0.07% |
| YTD return | -19.13% | +26.12% |
| 1-year return | -17.33% | +28.26% |
| 5-year return | +3.89% | -73.35% |
| P/E ratio (TTM) | 3.01 | — |
| Forward P/E | 8.92 | 40.78 |
| EPS (TTM) | $22.91 | $-2.27 |
| Dividend yield | 1.10% | 0.00% |
| Annual dividend | $0.76 | $0.00 |
| Revenue (latest FY) | $4.09B | $11.49B |
| Revenue growth (YoY) | +4.12% | +2.14% |
| Net income (latest FY) | $1.84B | $-502.00M |
| Operating margin | 18.29% | 16.18% |
| Net margin | 45.05% | -4.37% |
| 52-week high | $91.41 | $30.88 |
| 52-week low | $65.00 | $17.86 |
| Distance from 52-week high | -24.59% | -4.47% |
| Analyst consensus | buy | none |
| Avg. price target upside | +39.27% | +6.00% |
| Average volume | 1.01M | 4.10M |
| Shares outstanding | 72.66M | 203.78M |
| Employees | 16,009 | 50,000 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Hotels/Resorts | Hotels/Resorts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CZR has outperformed BYD by 45.6 percentage points over the past year.
- Boyd Gaming offers a meaningfully higher dividend yield (1.10% vs 0.00%).
- Boyd Gaming is more profitable, keeping 45.0 cents of every revenue dollar as net income versus -4.4 cents for Caesars Entertainment.
About Boyd Gaming
BYD stock →Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States and Canada. The company operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments.
Consumer Discretionary · Hotels/Resorts · 16,009 employees
About Caesars Entertainment
CZR stock →Caesars Entertainment, Inc. operates as a gaming and hospitality company.
Consumer Discretionary · Hotels/Resorts · 50,000 employees
BYD vs CZR FAQ
Which is bigger, Boyd Gaming or Caesars Entertainment?
Caesars Entertainment (CZR) is larger, with a market capitalization of $6.01B compared with $5.01B for Boyd Gaming (BYD).
Which stock has performed better over the past year, BYD or CZR?
CZR returned +28.26% over the past 12 months, compared with -17.33% for BYD (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Boyd Gaming or Caesars Entertainment?
Boyd Gaming pays a dividend yielding 1.10%, while Caesars Entertainment does not currently pay a regular dividend.
Are Boyd Gaming and Caesars Entertainment in the same industry?
Yes. Both are classified in the Hotels/Resorts industry within the Consumer Discretionary sector.