vs
Side-by-side financial comparison of BOYD GAMING CORP (BYD) and G III APPAREL GROUP LTD (GIII). Click either name above to swap in a different company.
BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $988.6M, roughly 1.0× G III APPAREL GROUP LTD). BOYD GAMING CORP runs the higher net margin — 10.5% vs 8.2%, a 2.3% gap on every dollar of revenue. On growth, BOYD GAMING CORP posted the faster year-over-year revenue change (0.6% vs -9.0%). Over the past eight quarters, G III APPAREL GROUP LTD's revenue compounded faster (13.7% CAGR vs 1.5%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
G III Apparel Group is a global fashion company that designs, sources, manufactures, markets and distributes apparel, footwear, and accessories under a range of owned and licensed well-known brands. It serves department stores, specialty retailers, and e-commerce platforms across North America, Europe, and other key global markets, catering to casual, sportswear, and premium fashion consumer segments.
BYD vs GIII — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $988.6M |
| Net Profit | $104.3M | $80.6M |
| Gross Margin | — | 38.6% |
| Operating Margin | 16.4% | 11.4% |
| Net Margin | 10.5% | 8.2% |
| Revenue YoY | 0.6% | -9.0% |
| Net Profit YoY | -5.9% | -29.8% |
| EPS (diluted) | $1.37 | $1.84 |
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 | $988.6M | ||
| Q3 25 | $1.0B | $613.3M | ||
| Q2 25 | $1.0B | $583.6M | ||
| Q1 25 | $991.6M | $839.5M | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $961.2M | $644.8M | ||
| Q2 24 | $967.5M | $609.7M |
| Q1 26 | $104.3M | — | ||
| Q4 25 | $140.4M | $80.6M | ||
| Q3 25 | $1.4B | $10.9M | ||
| Q2 25 | $151.5M | $7.8M | ||
| Q1 25 | $111.4M | $48.8M | ||
| Q4 24 | $170.5M | $114.8M | ||
| Q3 24 | $131.1M | $24.2M | ||
| Q2 24 | $139.8M | $5.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 40.8% | ||
| Q2 25 | — | 42.2% | ||
| Q1 25 | — | 39.5% | ||
| Q4 24 | — | 39.8% | ||
| Q3 24 | — | 42.8% | ||
| Q2 24 | — | 42.5% |
| Q1 26 | 16.4% | — | ||
| Q4 25 | 15.7% | 11.4% | ||
| Q3 25 | 13.9% | 2.7% | ||
| Q2 25 | 23.4% | 1.5% | ||
| Q1 25 | 20.2% | 8.5% | ||
| Q4 24 | 25.1% | 15.3% | ||
| Q3 24 | 22.9% | 6.4% | ||
| Q2 24 | 23.5% | 2.2% |
| Q1 26 | 10.5% | — | ||
| Q4 25 | 13.2% | 8.2% | ||
| Q3 25 | 143.4% | 1.8% | ||
| Q2 25 | 14.6% | 1.3% | ||
| Q1 25 | 11.2% | 5.8% | ||
| Q4 24 | 16.4% | 10.6% | ||
| Q3 24 | 13.6% | 3.8% | ||
| Q2 24 | 14.5% | 1.0% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $1.60 | $1.84 | ||
| Q3 25 | $17.81 | $0.25 | ||
| Q2 25 | $1.84 | $0.17 | ||
| Q1 25 | $1.31 | $1.00 | ||
| Q4 24 | $1.89 | $2.55 | ||
| Q3 24 | $1.43 | $0.53 | ||
| Q2 24 | $1.47 | $0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $184.1M |
| Total DebtLower is stronger | — | $6.5M |
| Stockholders' EquityBook value | — | $1.8B |
| Total Assets | — | $2.8B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $353.4M | $184.1M | ||
| Q3 25 | $319.1M | $301.8M | ||
| Q2 25 | $320.1M | $257.8M | ||
| Q1 25 | $311.5M | $181.4M | ||
| Q4 24 | $316.7M | $104.7M | ||
| Q3 24 | $286.3M | $414.8M | ||
| Q2 24 | $280.8M | $508.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $6.5M | ||
| Q3 25 | — | $6.9M | ||
| Q2 25 | $3.6B | $6.8M | ||
| Q1 25 | $3.5B | $3.0M | ||
| Q4 24 | $3.2B | $213.9M | ||
| Q3 24 | $3.1B | $402.5M | ||
| Q2 24 | $3.0B | $402.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $1.8B | ||
| Q3 25 | $2.7B | $1.7B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B |
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $2.8B | ||
| Q3 25 | $6.5B | $2.7B | ||
| Q2 25 | $6.6B | $2.4B | ||
| Q1 25 | $6.5B | $2.5B | ||
| Q4 24 | $6.4B | $2.8B | ||
| Q3 24 | $6.3B | $2.7B | ||
| Q2 24 | $6.3B | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | 2.56× | 0.00× | ||
| Q1 25 | 2.61× | 0.00× | ||
| Q4 24 | 2.01× | 0.13× | ||
| Q3 24 | 1.88× | 0.27× | ||
| Q2 24 | 1.73× | 0.26× |
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 | — | $-97.3M |
| Free Cash FlowOCF − Capex | — | $-106.4M |
| FCF MarginFCF / Revenue | — | -10.8% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | -1.21× |
| TTM Free Cash FlowTrailing 4 quarters | — | $367.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $-97.3M | ||
| Q3 25 | $240.0M | $75.1M | ||
| Q2 25 | $205.0M | $93.8M | ||
| Q1 25 | $256.4M | $333.4M | ||
| Q4 24 | $262.1M | $-111.8M | ||
| Q3 24 | $231.2M | $49.3M | ||
| Q2 24 | $213.1M | $45.5M |
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | $-106.4M | ||
| Q3 25 | $94.4M | $64.7M | ||
| Q2 25 | $80.6M | $85.7M | ||
| Q1 25 | $86.5M | $323.7M | ||
| Q4 24 | $150.9M | $-120.3M | ||
| Q3 24 | $146.0M | $38.8M | ||
| Q2 24 | $98.7M | $32.8M |
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | -10.8% | ||
| Q3 25 | 9.4% | 10.6% | ||
| Q2 25 | 7.8% | 14.7% | ||
| Q1 25 | 8.7% | 38.6% | ||
| Q4 24 | 14.5% | -11.1% | ||
| Q3 24 | 15.2% | 6.0% | ||
| Q2 24 | 10.2% | 5.4% |
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 0.9% | ||
| Q3 25 | 14.5% | 1.7% | ||
| Q2 25 | 12.0% | 1.4% | ||
| Q1 25 | 17.1% | 1.2% | ||
| Q4 24 | 10.7% | 0.8% | ||
| Q3 24 | 8.9% | 1.6% | ||
| Q2 24 | 11.8% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | -1.21× | ||
| Q3 25 | 0.17× | 6.86× | ||
| Q2 25 | 1.35× | 12.09× | ||
| Q1 25 | 2.30× | 6.83× | ||
| Q4 24 | 1.54× | -0.97× | ||
| Q3 24 | 1.76× | 2.04× | ||
| Q2 24 | 1.52× | 7.84× |
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% |
GIII
| Proprietary Brands | $498.1M | 50% |
| Licensed Brands | $479.2M | 48% |
| Retail Segment | $45.7M | 5% |
