vs
Side-by-side financial comparison of BOYD GAMING CORP (BYD) and Ryman Hospitality Properties, Inc. (RHP). Click either name above to swap in a different company.
BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $664.6M, roughly 1.5× Ryman Hospitality Properties, Inc.). BOYD GAMING CORP runs the higher net margin — 10.5% vs 10.4%, a 0.0% gap on every dollar of revenue. On growth, Ryman Hospitality Properties, Inc. posted the faster year-over-year revenue change (13.2% vs 0.6%). Over the past eight quarters, Ryman Hospitality Properties, Inc.'s revenue compounded faster (4.1% CAGR vs 1.5%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...
BYD vs RHP — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $664.6M |
| Net Profit | $104.3M | $69.4M |
| Gross Margin | — | — |
| Operating Margin | 16.4% | 20.7% |
| Net Margin | 10.5% | 10.4% |
| Revenue YoY | 0.6% | 13.2% |
| Net Profit YoY | -5.9% | 10.1% |
| EPS (diluted) | $1.37 | $1.03 |
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 | $664.6M | ||
| Q4 25 | $1.1B | $737.8M | ||
| Q3 25 | $1.0B | $592.5M | ||
| Q2 25 | $1.0B | $659.5M | ||
| Q1 25 | $991.6M | $587.3M | ||
| Q4 24 | $1.0B | $647.6M | ||
| Q3 24 | $961.2M | $550.0M | ||
| Q2 24 | $967.5M | $613.3M |
| Q1 26 | $104.3M | $69.4M | ||
| Q4 25 | $140.4M | $74.5M | ||
| Q3 25 | $1.4B | $34.9M | ||
| Q2 25 | $151.5M | $71.8M | ||
| Q1 25 | $111.4M | $63.0M | ||
| Q4 24 | $170.5M | $72.3M | ||
| Q3 24 | $131.1M | $59.0M | ||
| Q2 24 | $139.8M | $100.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% |
| Q1 26 | 16.4% | 20.7% | ||
| Q4 25 | 15.7% | 19.4% | ||
| Q3 25 | 13.9% | 15.0% | ||
| Q2 25 | 23.4% | 21.1% | ||
| Q1 25 | 20.2% | 19.8% | ||
| Q4 24 | 25.1% | 18.6% | ||
| Q3 24 | 22.9% | 19.3% | ||
| Q2 24 | 23.5% | 27.4% |
| Q1 26 | 10.5% | 10.4% | ||
| Q4 25 | 13.2% | 10.1% | ||
| Q3 25 | 143.4% | 5.9% | ||
| Q2 25 | 14.6% | 10.9% | ||
| Q1 25 | 11.2% | 10.7% | ||
| Q4 24 | 16.4% | 11.2% | ||
| Q3 24 | 13.6% | 10.7% | ||
| Q2 24 | 14.5% | 16.4% |
| Q1 26 | $1.37 | $1.03 | ||
| Q4 25 | $1.60 | $1.12 | ||
| Q3 25 | $17.81 | $0.53 | ||
| Q2 25 | $1.84 | $1.12 | ||
| Q1 25 | $1.31 | $1.00 | ||
| Q4 24 | $1.89 | $1.12 | ||
| Q3 24 | $1.43 | $0.94 | ||
| Q2 24 | $1.47 | $1.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $770.8M |
| Total Assets | — | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $353.4M | $471.4M | ||
| Q3 25 | $319.1M | $483.3M | ||
| Q2 25 | $320.1M | $420.6M | ||
| Q1 25 | $311.5M | $413.9M | ||
| Q4 24 | $316.7M | $477.7M | ||
| Q3 24 | $286.3M | $534.9M | ||
| Q2 24 | $280.8M | $498.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.0B | — |
| Q1 26 | — | $770.8M | ||
| Q4 25 | $2.6B | $750.2M | ||
| Q3 25 | $2.7B | $758.5M | ||
| Q2 25 | $1.4B | $800.4M | ||
| Q1 25 | $1.3B | $531.5M | ||
| Q4 24 | $1.6B | $549.0M | ||
| Q3 24 | $1.6B | $551.9M | ||
| Q2 24 | $1.7B | $562.6M |
| Q1 26 | — | $6.2B | ||
| Q4 25 | $6.6B | $6.2B | ||
| Q3 25 | $6.5B | $6.2B | ||
| Q2 25 | $6.6B | $6.1B | ||
| Q1 25 | $6.5B | $5.2B | ||
| Q4 24 | $6.4B | $5.2B | ||
| Q3 24 | $6.3B | $5.2B | ||
| Q2 24 | $6.3B | $5.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.56× | — | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 2.01× | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 1.73× | — |
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% |
RHP
| Food and beverage | $289.3M | 44% |
| Rooms | $223.8M | 34% |
| Entertainment | $79.2M | 12% |
| Other | $72.3M | 11% |
