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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and DONALDSON Co INC (DCI). Click either name above to swap in a different company.
BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $935.4M, roughly 1.1× DONALDSON Co INC). DONALDSON Co INC runs the higher net margin — 12.2% vs 10.5%, a 1.7% gap on every dollar of revenue. On growth, DONALDSON Co INC posted the faster year-over-year revenue change (3.9% vs 0.6%). Over the past eight quarters, DONALDSON Co INC's revenue compounded faster (3.3% CAGR vs 1.5%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
Donaldson Company, Inc. is a filtration company engaged in the production and marketing of filtration products used in a variety of industry sectors, including commercial/industrial, aerospace, chemical, alternative energy (windmills), food & beverage, and pharmaceuticals. Also the company's research division, located in Minneapolis, Minn., participated in defense-related projects for various military applications.
BYD vs DCI — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $935.4M |
| Net Profit | $104.3M | $113.9M |
| Gross Margin | — | 35.2% |
| Operating Margin | 16.4% | 16.0% |
| Net Margin | 10.5% | 12.2% |
| Revenue YoY | 0.6% | 3.9% |
| Net Profit YoY | -5.9% | 15.1% |
| EPS (diluted) | $1.37 | $0.97 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $997.4M | — | ||
| Q4 25 | $1.1B | $935.4M | ||
| Q3 25 | $1.0B | $980.7M | ||
| Q2 25 | $1.0B | $940.1M | ||
| Q1 25 | $991.6M | $870.0M | ||
| Q4 24 | $1.0B | $900.1M | ||
| Q3 24 | $961.2M | $935.4M | ||
| Q2 24 | $967.5M | $927.9M |
| Q1 26 | $104.3M | — | ||
| Q4 25 | $140.4M | $113.9M | ||
| Q3 25 | $1.4B | $114.3M | ||
| Q2 25 | $151.5M | $57.8M | ||
| Q1 25 | $111.4M | $95.9M | ||
| Q4 24 | $170.5M | $99.0M | ||
| Q3 24 | $131.1M | $109.7M | ||
| Q2 24 | $139.8M | $113.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.2% | ||
| Q3 25 | — | 34.5% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 35.6% |
| Q1 26 | 16.4% | — | ||
| Q4 25 | 15.7% | 16.0% | ||
| Q3 25 | 13.9% | 15.5% | ||
| Q2 25 | 23.4% | 9.3% | ||
| Q1 25 | 20.2% | 14.4% | ||
| Q4 24 | 25.1% | 14.5% | ||
| Q3 24 | 22.9% | 15.6% | ||
| Q2 24 | 23.5% | 15.5% |
| Q1 26 | 10.5% | — | ||
| Q4 25 | 13.2% | 12.2% | ||
| Q3 25 | 143.4% | 11.7% | ||
| Q2 25 | 14.6% | 6.1% | ||
| Q1 25 | 11.2% | 11.0% | ||
| Q4 24 | 16.4% | 11.0% | ||
| Q3 24 | 13.6% | 11.7% | ||
| Q2 24 | 14.5% | 12.2% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $1.60 | $0.97 | ||
| Q3 25 | $17.81 | $0.97 | ||
| Q2 25 | $1.84 | $0.48 | ||
| Q1 25 | $1.31 | $0.79 | ||
| Q4 24 | $1.89 | $0.81 | ||
| Q3 24 | $1.43 | $0.90 | ||
| Q2 24 | $1.47 | $0.92 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $210.7M |
| Total DebtLower is stronger | — | $671.5M |
| Stockholders' EquityBook value | — | $1.5B |
| Total Assets | — | $3.0B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $353.4M | $210.7M | ||
| Q3 25 | $319.1M | $180.4M | ||
| Q2 25 | $320.1M | $178.5M | ||
| Q1 25 | $311.5M | $189.1M | ||
| Q4 24 | $316.7M | $221.2M | ||
| Q3 24 | $286.3M | $232.7M | ||
| Q2 24 | $280.8M | $223.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $671.5M | ||
| Q3 25 | — | $630.4M | ||
| Q2 25 | $3.6B | $638.8M | ||
| Q1 25 | $3.5B | $514.7M | ||
| Q4 24 | $3.2B | $538.6M | ||
| Q3 24 | $3.1B | $483.4M | ||
| Q2 24 | $3.0B | $481.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $1.5B | ||
| Q3 25 | $2.7B | $1.5B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $3.0B | ||
| Q3 25 | $6.5B | $3.0B | ||
| Q2 25 | $6.6B | $3.0B | ||
| Q1 25 | $6.5B | $3.0B | ||
| Q4 24 | $6.4B | $3.0B | ||
| Q3 24 | $6.3B | $2.9B | ||
| Q2 24 | $6.3B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | 2.56× | 0.44× | ||
| Q1 25 | 2.61× | 0.33× | ||
| Q4 24 | 2.01× | 0.35× | ||
| Q3 24 | 1.88× | 0.32× | ||
| Q2 24 | 1.73× | 0.32× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $125.4M |
| Free Cash FlowOCF − Capex | — | $111.2M |
| FCF MarginFCF / Revenue | — | 11.9% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $403.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $125.4M | ||
| Q3 25 | $240.0M | $167.8M | ||
| Q2 25 | $205.0M | $87.7M | ||
| Q1 25 | $256.4M | $90.4M | ||
| Q4 24 | $262.1M | $72.9M | ||
| Q3 24 | $231.2M | $126.0M | ||
| Q2 24 | $213.1M | $141.5M |
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | $111.2M | ||
| Q3 25 | $94.4M | $147.5M | ||
| Q2 25 | $80.6M | $73.0M | ||
| Q1 25 | $86.5M | $71.5M | ||
| Q4 24 | $150.9M | $47.9M | ||
| Q3 24 | $146.0M | $106.2M | ||
| Q2 24 | $98.7M | $120.2M |
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 11.9% | ||
| Q3 25 | 9.4% | 15.0% | ||
| Q2 25 | 7.8% | 7.8% | ||
| Q1 25 | 8.7% | 8.2% | ||
| Q4 24 | 14.5% | 5.3% | ||
| Q3 24 | 15.2% | 11.4% | ||
| Q2 24 | 10.2% | 13.0% |
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 1.5% | ||
| Q3 25 | 14.5% | 2.1% | ||
| Q2 25 | 12.0% | 1.6% | ||
| Q1 25 | 17.1% | 2.2% | ||
| Q4 24 | 10.7% | 2.8% | ||
| Q3 24 | 8.9% | 2.1% | ||
| Q2 24 | 11.8% | 2.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | 1.10× | ||
| Q3 25 | 0.17× | 1.47× | ||
| Q2 25 | 1.35× | 1.52× | ||
| Q1 25 | 2.30× | 0.94× | ||
| Q4 24 | 1.54× | 0.74× | ||
| Q3 24 | 1.76× | 1.15× | ||
| Q2 24 | 1.52× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BYD
| Gaming | $650.5M | 65% |
| Online reimbursements | $135.4M | 14% |
| Food & beverage | $75.8M | 8% |
| Other | $63.5M | 6% |
| Room | $45.9M | 5% |
| Management fee | $26.2M | 3% |
DCI
| Aftermarket Products | $447.1M | 48% |
| Industrial Filtration Solutions Products | $222.6M | 24% |
| Off Road Products | $86.5M | 9% |
| Life Sciences Segment | $80.0M | 9% |
| Other | $39.1M | 4% |
| Aerospace And Defense Products | $37.1M | 4% |
| On Road Products | $23.0M | 2% |
