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Side-by-side financial comparison of BOYD GAMING CORP (BYD) and Rithm Capital Corp. (RITM). Click either name above to swap in a different company.

BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $828.2M, roughly 1.2× Rithm Capital Corp.). Rithm Capital Corp. runs the higher net margin — 13.2% vs 10.5%, a 2.8% gap on every dollar of revenue. On growth, Rithm Capital Corp. posted the faster year-over-year revenue change (508.5% vs 0.6%). Over the past eight quarters, BOYD GAMING CORP's revenue compounded faster (1.5% CAGR vs -17.9%).

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

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

BYD vs RITM — Head-to-Head

Bigger by revenue
BYD
BYD
1.2× larger
BYD
$997.4M
$828.2M
RITM
Growing faster (revenue YoY)
RITM
RITM
+507.9% gap
RITM
508.5%
0.6%
BYD
Higher net margin
RITM
RITM
2.8% more per $
RITM
13.2%
10.5%
BYD
Faster 2-yr revenue CAGR
BYD
BYD
Annualised
BYD
1.5%
-17.9%
RITM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BYD
BYD
RITM
RITM
Revenue
$997.4M
$828.2M
Net Profit
$104.3M
$109.5M
Gross Margin
Operating Margin
16.4%
29.9%
Net Margin
10.5%
13.2%
Revenue YoY
0.6%
508.5%
Net Profit YoY
-5.9%
27.7%
EPS (diluted)
$1.37
$0.12

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
RITM
RITM
Q1 26
$997.4M
$828.2M
Q4 25
$1.1B
$1.5B
Q3 25
$1.0B
$1.1B
Q2 25
$1.0B
$1.2B
Q1 25
$991.6M
$768.4M
Q4 24
$1.0B
$2.1B
Q3 24
$961.2M
$619.5M
Q2 24
$967.5M
$1.2B
Net Profit
BYD
BYD
RITM
RITM
Q1 26
$104.3M
$109.5M
Q4 25
$140.4M
$85.0M
Q3 25
$1.4B
$221.5M
Q2 25
$151.5M
$311.7M
Q1 25
$111.4M
$78.8M
Q4 24
$170.5M
$290.2M
Q3 24
$131.1M
$121.7M
Q2 24
$139.8M
$235.6M
Operating Margin
BYD
BYD
RITM
RITM
Q1 26
16.4%
29.9%
Q4 25
15.7%
13.8%
Q3 25
13.9%
21.4%
Q2 25
23.4%
25.2%
Q1 25
20.2%
7.4%
Q4 24
25.1%
23.8%
Q3 24
22.9%
7.3%
Q2 24
23.5%
23.6%
Net Margin
BYD
BYD
RITM
RITM
Q1 26
10.5%
13.2%
Q4 25
13.2%
5.7%
Q3 25
143.4%
20.0%
Q2 25
14.6%
25.6%
Q1 25
11.2%
10.3%
Q4 24
16.4%
14.0%
Q3 24
13.6%
19.7%
Q2 24
14.5%
19.2%
EPS (diluted)
BYD
BYD
RITM
RITM
Q1 26
$1.37
$0.12
Q4 25
$1.60
$0.09
Q3 25
$17.81
$0.35
Q2 25
$1.84
$0.53
Q1 25
$1.31
$0.07
Q4 24
$1.89
$0.50
Q3 24
$1.43
$0.20
Q2 24
$1.47
$0.43

Balance Sheet & Financial Strength

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

Metric
BYD
BYD
RITM
RITM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$9.1B
Total Assets
$53.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYD
BYD
RITM
RITM
Q1 26
Q4 25
$353.4M
$1.8B
Q3 25
$319.1M
$1.6B
Q2 25
$320.1M
$1.6B
Q1 25
$311.5M
$1.5B
Q4 24
$316.7M
$1.5B
Q3 24
$286.3M
$1.6B
Q2 24
$280.8M
$1.2B
Total Debt
BYD
BYD
RITM
RITM
Q1 26
Q4 25
$35.4B
Q3 25
$32.2B
Q2 25
$3.6B
$31.2B
Q1 25
$3.5B
$32.2B
Q4 24
$3.2B
$32.6B
Q3 24
$3.1B
$29.6B
Q2 24
$3.0B
$30.1B
Stockholders' Equity
BYD
BYD
RITM
RITM
Q1 26
$9.1B
Q4 25
$2.6B
$8.4B
Q3 25
$2.7B
$8.5B
Q2 25
$1.4B
$7.9B
Q1 25
$1.3B
$7.8B
Q4 24
$1.6B
$7.8B
Q3 24
$1.6B
$7.7B
Q2 24
$1.7B
$7.3B
Total Assets
BYD
BYD
RITM
RITM
Q1 26
$53.4B
Q4 25
$6.6B
$53.1B
Q3 25
$6.5B
$47.2B
Q2 25
$6.6B
$44.3B
Q1 25
$6.5B
$45.3B
Q4 24
$6.4B
$46.0B
Q3 24
$6.3B
$42.3B
Q2 24
$6.3B
$42.0B
Debt / Equity
BYD
BYD
RITM
RITM
Q1 26
Q4 25
4.20×
Q3 25
3.79×
Q2 25
2.56×
3.92×
Q1 25
2.61×
4.14×
Q4 24
2.01×
4.18×
Q3 24
1.88×
3.87×
Q2 24
1.73×
4.10×

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%

RITM
RITM

Servicing revenue, net$375.1M45%
Other$234.9M28%
Gain on originated residential mortgage loans, held-for-sale, net$195.0M24%
Other revenue$23.3M3%

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