Boyd Gaming (BYD) vs Vail Resorts (MTN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Vail Resorts (MTN) has outperformed Boyd Gaming (BYD) over the past year, losing 4.9% versus a loss of 16.4%. Over five years, BYD leads with a +5.3% price change compared with -57.0% for MTN. Vail Resorts is the larger company by market cap ($5.16 billion vs $5.07 billion), about 1.0 times the size, while Boyd Gaming is growing revenue faster (+4.1% vs -4.3%).
On valuation, Boyd Gaming trades at a lower forward P/E (9.0x vs 21.8x for Vail Resorts). Vail Resorts offers the higher dividend yield (6.14% vs 1.09%). Boyd Gaming converts more of its revenue into profit, with a net margin of 45.0% versus 5.2%.
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 | MTN |
|---|---|---|
| Share price | $69.85 | $144.67 |
| Market cap | $5.07B | $5.16B |
| 1-day change | -0.80% | -0.37% |
| YTD return | -18.05% | +8.94% |
| 1-year return | -16.42% | -4.88% |
| 5-year return | +5.28% | -57.00% |
| P/E ratio (TTM) | 3.05 | 35.11 |
| Forward P/E | 9.02 | 21.81 |
| EPS (TTM) | $22.91 | $4.12 |
| Dividend yield | 1.09% | 6.14% |
| Annual dividend | $0.76 | $8.88 |
| Revenue (latest FY) | $4.09B | $2.84B |
| Revenue growth (YoY) | +4.12% | -4.26% |
| Net income (latest FY) | $1.84B | $147.53M |
| Operating margin | 18.29% | 14.82% |
| Net margin | 45.05% | 5.20% |
| 52-week high | $91.41 | $163.34 |
| 52-week low | $65.00 | $118.51 |
| Distance from 52-week high | -23.59% | -11.43% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +37.44% | -0.57% |
| Average volume | 1.00M | 761.88K |
| Shares outstanding | 72.66M | 35.64M |
| Employees | 16,009 | 6,500 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Hotels/Resorts | Services-Misc. Amusement & Recreation |
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
- MTN has outperformed BYD by 11.5 percentage points over the past year.
- Vail Resorts trades at a higher earnings multiple (35.1x vs 3.0x trailing P/E).
- Vail Resorts offers a meaningfully higher dividend yield (6.14% vs 1.09%).
- Boyd Gaming is more profitable, keeping 45.0 cents of every revenue dollar as net income versus 5.2 cents for Vail Resorts.
- Boyd Gaming grew revenue faster in its latest fiscal year (+4.12% vs -4.26%).
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 Vail Resorts
MTN stock →Vail Resorts, Inc., together with its subsidiaries, operates mountain resorts and regional ski areas in the United States and internationally. It operates in three segments: Mountain, Lodging, and Real Estate.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 6,500 employees
BYD vs MTN FAQ
Which is bigger, Boyd Gaming or Vail Resorts?
Vail Resorts (MTN) is larger, with a market capitalization of $5.16B compared with $5.07B for Boyd Gaming (BYD).
Which stock has performed better over the past year, BYD or MTN?
MTN returned -4.88% over the past 12 months, compared with -16.42% for BYD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BYD or MTN?
BYD has the lower trailing P/E at 3.0, versus 35.1 for MTN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Boyd Gaming or Vail Resorts?
Vail Resorts has the higher yield at 6.14%, compared with 1.09% for Boyd Gaming.
Are Boyd Gaming and Vail Resorts in the same industry?
Both are in the Consumer Discretionary sector, but in different industries: Hotels/Resorts for Boyd Gaming and Services-Misc. Amusement & Recreation for Vail Resorts.