vs

Side-by-side financial comparison of BOYD GAMING CORP (BYD) and nVent Electric plc (NVT). Click either name above to swap in a different company.

nVent Electric plc is the larger business by last-quarter revenue ($1.1B vs $997.4M, roughly 1.1× BOYD GAMING CORP). nVent Electric plc runs the higher net margin — 11.1% vs 10.5%, a 0.7% gap on every dollar of revenue. On growth, nVent Electric plc posted the faster year-over-year revenue change (127.3% vs 0.6%). Over the past eight quarters, nVent Electric plc's revenue compounded faster (10.4% CAGR vs 1.5%).

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

NVent Electric plc is an American-British multinational company providing electrical connection and enclosure products. The company designs, manufactures, markets, and services products used to connect, protect, and manage electrical systems in commercial, industrial, residential, infrastructure, and data center applications.

BYD vs NVT — Head-to-Head

Bigger by revenue
NVT
NVT
1.1× larger
NVT
$1.1B
$997.4M
BYD
Growing faster (revenue YoY)
NVT
NVT
+126.8% gap
NVT
127.3%
0.6%
BYD
Higher net margin
NVT
NVT
0.7% more per $
NVT
11.1%
10.5%
BYD
Faster 2-yr revenue CAGR
NVT
NVT
Annualised
NVT
10.4%
1.5%
BYD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BYD
BYD
NVT
NVT
Revenue
$997.4M
$1.1B
Net Profit
$104.3M
$118.8M
Gross Margin
36.5%
Operating Margin
16.4%
15.4%
Net Margin
10.5%
11.1%
Revenue YoY
0.6%
127.3%
Net Profit YoY
-5.9%
1010.3%
EPS (diluted)
$1.37
$0.74

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
NVT
NVT
Q1 26
$997.4M
Q4 25
$1.1B
$1.1B
Q3 25
$1.0B
$1.1B
Q2 25
$1.0B
$963.1M
Q1 25
$991.6M
$809.3M
Q4 24
$1.0B
$469.2M
Q3 24
$961.2M
$782.0M
Q2 24
$967.5M
$880.3M
Net Profit
BYD
BYD
NVT
NVT
Q1 26
$104.3M
Q4 25
$140.4M
$118.8M
Q3 25
$1.4B
$121.2M
Q2 25
$151.5M
$109.5M
Q1 25
$111.4M
$360.7M
Q4 24
$170.5M
$10.7M
Q3 24
$131.1M
$105.0M
Q2 24
$139.8M
$111.0M
Gross Margin
BYD
BYD
NVT
NVT
Q1 26
Q4 25
36.5%
Q3 25
37.4%
Q2 25
38.6%
Q1 25
38.8%
Q4 24
37.1%
Q3 24
39.8%
Q2 24
41.8%
Operating Margin
BYD
BYD
NVT
NVT
Q1 26
16.4%
Q4 25
15.7%
15.4%
Q3 25
13.9%
15.8%
Q2 25
23.4%
16.3%
Q1 25
20.2%
16.1%
Q4 24
25.1%
14.3%
Q3 24
22.9%
17.0%
Q2 24
23.5%
19.1%
Net Margin
BYD
BYD
NVT
NVT
Q1 26
10.5%
Q4 25
13.2%
11.1%
Q3 25
143.4%
11.5%
Q2 25
14.6%
11.4%
Q1 25
11.2%
44.6%
Q4 24
16.4%
2.3%
Q3 24
13.6%
13.4%
Q2 24
14.5%
12.6%
EPS (diluted)
BYD
BYD
NVT
NVT
Q1 26
$1.37
Q4 25
$1.60
$0.74
Q3 25
$17.81
$0.74
Q2 25
$1.84
$0.67
Q1 25
$1.31
$2.16
Q4 24
$1.89
$0.07
Q3 24
$1.43
$0.62
Q2 24
$1.47
$0.66

Balance Sheet & Financial Strength

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

Metric
BYD
BYD
NVT
NVT
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$3.7B
Total Assets
$6.9B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYD
BYD
NVT
NVT
Q1 26
Q4 25
$353.4M
Q3 25
$319.1M
Q2 25
$320.1M
Q1 25
$311.5M
Q4 24
$316.7M
Q3 24
$286.3M
Q2 24
$280.8M
Total Debt
BYD
BYD
NVT
NVT
Q1 26
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$3.6B
$1.8B
Q1 25
$3.5B
$1.8B
Q4 24
$3.2B
$2.2B
Q3 24
$3.1B
$2.3B
Q2 24
$3.0B
$1.8B
Stockholders' Equity
BYD
BYD
NVT
NVT
Q1 26
Q4 25
$2.6B
$3.7B
Q3 25
$2.7B
$3.6B
Q2 25
$1.4B
$3.5B
Q1 25
$1.3B
$3.6B
Q4 24
$1.6B
$3.2B
Q3 24
$1.6B
$3.3B
Q2 24
$1.7B
$3.3B
Total Assets
BYD
BYD
NVT
NVT
Q1 26
Q4 25
$6.6B
$6.9B
Q3 25
$6.5B
$6.8B
Q2 25
$6.6B
$6.7B
Q1 25
$6.5B
$6.7B
Q4 24
$6.4B
$6.7B
Q3 24
$6.3B
$6.9B
Q2 24
$6.3B
$6.2B
Debt / Equity
BYD
BYD
NVT
NVT
Q1 26
Q4 25
0.42×
Q3 25
0.44×
Q2 25
2.56×
0.50×
Q1 25
2.61×
0.49×
Q4 24
2.01×
0.67×
Q3 24
1.88×
0.69×
Q2 24
1.73×
0.54×

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
NVT
NVT
Operating Cash FlowLast quarter
$202.4M
Free Cash FlowOCF − Capex
$165.7M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters
$371.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYD
BYD
NVT
NVT
Q1 26
Q4 25
$275.3M
$202.4M
Q3 25
$240.0M
$219.5M
Q2 25
$205.0M
$-16.9M
Q1 25
$256.4M
$60.2M
Q4 24
$262.1M
$224.6M
Q3 24
$231.2M
$197.7M
Q2 24
$213.1M
$130.8M
Free Cash Flow
BYD
BYD
NVT
NVT
Q1 26
Q4 25
$127.0M
$165.7M
Q3 25
$94.4M
$200.9M
Q2 25
$80.6M
$-33.8M
Q1 25
$86.5M
$39.1M
Q4 24
$150.9M
$198.1M
Q3 24
$146.0M
$184.8M
Q2 24
$98.7M
$112.3M
FCF Margin
BYD
BYD
NVT
NVT
Q1 26
Q4 25
12.0%
15.5%
Q3 25
9.4%
19.1%
Q2 25
7.8%
-3.5%
Q1 25
8.7%
4.8%
Q4 24
14.5%
42.2%
Q3 24
15.2%
23.6%
Q2 24
10.2%
12.8%
Capex Intensity
BYD
BYD
NVT
NVT
Q1 26
Q4 25
14.0%
3.4%
Q3 25
14.5%
1.8%
Q2 25
12.0%
1.8%
Q1 25
17.1%
2.6%
Q4 24
10.7%
5.6%
Q3 24
8.9%
1.6%
Q2 24
11.8%
2.1%
Cash Conversion
BYD
BYD
NVT
NVT
Q1 26
Q4 25
1.96×
1.70×
Q3 25
0.17×
1.81×
Q2 25
1.35×
-0.15×
Q1 25
2.30×
0.17×
Q4 24
1.54×
20.99×
Q3 24
1.76×
1.88×
Q2 24
1.52×
1.18×

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%

NVT
NVT

Industrial Sector$554.0M52%
Electricaland Fastening Solutions Segment$278.0M26%
Energy Sector$235.0M22%

Related Comparisons