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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and MINERALS TECHNOLOGIES INC (MTX). Click either name above to swap in a different company.

BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $519.5M, roughly 1.9× MINERALS TECHNOLOGIES INC). BOYD GAMING CORP runs the higher net margin — 10.5% vs 7.2%, a 3.3% gap on every dollar of revenue. On growth, BOYD GAMING CORP posted the faster year-over-year revenue change (0.6% vs 0.3%). Over the past eight quarters, BOYD GAMING CORP's revenue compounded faster (1.5% CAGR vs -1.4%).

Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.

Compass Minerals International, Inc is an American public company that, through its subsidiaries, is a leading producer of minerals, including salt, magnesium chloride and sulfate of potash. Based in Overland Park, Kansas; the company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, consumer and commerc...

BYD vs MTX — Head-to-Head

Bigger by revenue
BYD
BYD
1.9× larger
BYD
$997.4M
$519.5M
MTX
Growing faster (revenue YoY)
BYD
BYD
+0.3% gap
BYD
0.6%
0.3%
MTX
Higher net margin
BYD
BYD
3.3% more per $
BYD
10.5%
7.2%
MTX
Faster 2-yr revenue CAGR
BYD
BYD
Annualised
BYD
1.5%
-1.4%
MTX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BYD
BYD
MTX
MTX
Revenue
$997.4M
$519.5M
Net Profit
$104.3M
$37.2M
Gross Margin
24.0%
Operating Margin
16.4%
11.9%
Net Margin
10.5%
7.2%
Revenue YoY
0.6%
0.3%
Net Profit YoY
-5.9%
-31.1%
EPS (diluted)
$1.37
$1.11

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.

Revenue
BYD
BYD
MTX
MTX
Q1 26
$997.4M
Q4 25
$1.1B
$519.5M
Q3 25
$1.0B
$532.4M
Q2 25
$1.0B
$528.9M
Q1 25
$991.6M
$491.8M
Q4 24
$1.0B
$518.1M
Q3 24
$961.2M
$524.7M
Q2 24
$967.5M
$541.2M
Net Profit
BYD
BYD
MTX
MTX
Q1 26
$104.3M
Q4 25
$140.4M
$37.2M
Q3 25
$1.4B
$43.0M
Q2 25
$151.5M
$45.4M
Q1 25
$111.4M
$-144.0M
Q4 24
$170.5M
$54.0M
Q3 24
$131.1M
$46.7M
Q2 24
$139.8M
$19.7M
Gross Margin
BYD
BYD
MTX
MTX
Q1 26
Q4 25
24.0%
Q3 25
25.7%
Q2 25
25.9%
Q1 25
24.3%
Q4 24
25.6%
Q3 24
25.8%
Q2 24
26.6%
Operating Margin
BYD
BYD
MTX
MTX
Q1 26
16.4%
Q4 25
15.7%
11.9%
Q3 25
13.9%
13.3%
Q2 25
23.4%
14.1%
Q1 25
20.2%
-32.6%
Q4 24
25.1%
16.2%
Q3 24
22.9%
14.6%
Q2 24
23.5%
9.3%
Net Margin
BYD
BYD
MTX
MTX
Q1 26
10.5%
Q4 25
13.2%
7.2%
Q3 25
143.4%
8.1%
Q2 25
14.6%
8.6%
Q1 25
11.2%
-29.3%
Q4 24
16.4%
10.4%
Q3 24
13.6%
8.9%
Q2 24
14.5%
3.6%
EPS (diluted)
BYD
BYD
MTX
MTX
Q1 26
$1.37
Q4 25
$1.60
$1.11
Q3 25
$17.81
$1.37
Q2 25
$1.84
$1.44
Q1 25
$1.31
$-4.51
Q4 24
$1.89
$1.67
Q3 24
$1.43
$1.45
Q2 24
$1.47
$0.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BYD
BYD
MTX
MTX
Cash + ST InvestmentsLiquidity on hand
$332.6M
Total DebtLower is stronger
$961.3M
Stockholders' EquityBook value
$1.7B
Total Assets
$3.5B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYD
BYD
MTX
MTX
Q1 26
Q4 25
$353.4M
$332.6M
Q3 25
$319.1M
$328.3M
Q2 25
$320.1M
$319.9M
Q1 25
$311.5M
$312.2M
Q4 24
$316.7M
$337.1M
Q3 24
$286.3M
$324.5M
Q2 24
$280.8M
$316.4M
Total Debt
BYD
BYD
MTX
MTX
Q1 26
Q4 25
$961.3M
Q3 25
$964.3M
Q2 25
$3.6B
$965.6M
Q1 25
$3.5B
$966.7M
Q4 24
$3.2B
$966.1M
Q3 24
$3.1B
$922.9M
Q2 24
$3.0B
$922.4M
Stockholders' Equity
BYD
BYD
MTX
MTX
Q1 26
Q4 25
$2.6B
$1.7B
Q3 25
$2.7B
$1.7B
Q2 25
$1.4B
$1.7B
Q1 25
$1.3B
$1.6B
Q4 24
$1.6B
$1.7B
Q3 24
$1.6B
$1.7B
Q2 24
$1.7B
$1.7B
Total Assets
BYD
BYD
MTX
MTX
Q1 26
Q4 25
$6.6B
$3.5B
Q3 25
$6.5B
$3.5B
Q2 25
$6.6B
$3.5B
Q1 25
$6.5B
$3.4B
Q4 24
$6.4B
$3.4B
Q3 24
$6.3B
$3.4B
Q2 24
$6.3B
$3.3B
Debt / Equity
BYD
BYD
MTX
MTX
Q1 26
Q4 25
0.56×
Q3 25
0.58×
Q2 25
2.56×
0.58×
Q1 25
2.61×
0.60×
Q4 24
2.01×
0.55×
Q3 24
1.88×
0.54×
Q2 24
1.73×
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BYD
BYD
MTX
MTX
Operating Cash FlowLast quarter
$64.3M
Free Cash FlowOCF − Capex
$31.9M
FCF MarginFCF / Revenue
6.1%
Capex IntensityCapex / Revenue
6.2%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$86.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYD
BYD
MTX
MTX
Q1 26
Q4 25
$275.3M
$64.3M
Q3 25
$240.0M
$70.9M
Q2 25
$205.0M
$62.9M
Q1 25
$256.4M
$-4.4M
Q4 24
$262.1M
$70.4M
Q3 24
$231.2M
$60.0M
Q2 24
$213.1M
$50.1M
Free Cash Flow
BYD
BYD
MTX
MTX
Q1 26
Q4 25
$127.0M
$31.9M
Q3 25
$94.4M
$43.6M
Q2 25
$80.6M
$33.8M
Q1 25
$86.5M
$-22.7M
Q4 24
$150.9M
$42.3M
Q3 24
$146.0M
$35.3M
Q2 24
$98.7M
$29.9M
FCF Margin
BYD
BYD
MTX
MTX
Q1 26
Q4 25
12.0%
6.1%
Q3 25
9.4%
8.2%
Q2 25
7.8%
6.4%
Q1 25
8.7%
-4.6%
Q4 24
14.5%
8.2%
Q3 24
15.2%
6.7%
Q2 24
10.2%
5.5%
Capex Intensity
BYD
BYD
MTX
MTX
Q1 26
Q4 25
14.0%
6.2%
Q3 25
14.5%
5.1%
Q2 25
12.0%
5.5%
Q1 25
17.1%
3.7%
Q4 24
10.7%
5.4%
Q3 24
8.9%
4.7%
Q2 24
11.8%
3.7%
Cash Conversion
BYD
BYD
MTX
MTX
Q1 26
Q4 25
1.96×
1.73×
Q3 25
0.17×
1.65×
Q2 25
1.35×
1.39×
Q1 25
2.30×
Q4 24
1.54×
1.30×
Q3 24
1.76×
1.28×
Q2 24
1.52×
2.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BYD
BYD

Gaming$650.5M65%
Online reimbursements$135.4M14%
Food & beverage$75.8M8%
Other$63.5M6%
Room$45.9M5%
Management fee$26.2M3%

MTX
MTX

High Temperature Technologies$178.0M34%
Specialty Additives$141.8M27%
Household And Personal Care$132.5M26%
Environmental And Infrastructure$67.2M13%

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