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

BOYD GAMING CORP is the larger business by last-quarter revenue ($997.4M vs $560.0M, roughly 1.8× SLM Corp). SLM Corp runs the higher net margin — 55.0% vs 10.5%, a 44.5% gap on every dollar of revenue. Over the past eight quarters, SLM Corp's revenue compounded faster (22.7% CAGR vs 1.5%).

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

Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.

BYD vs SLM — Head-to-Head

Bigger by revenue
BYD
BYD
1.8× larger
BYD
$997.4M
$560.0M
SLM
Higher net margin
SLM
SLM
44.5% more per $
SLM
55.0%
10.5%
BYD
Faster 2-yr revenue CAGR
SLM
SLM
Annualised
SLM
22.7%
1.5%
BYD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BYD
BYD
SLM
SLM
Revenue
$997.4M
$560.0M
Net Profit
$104.3M
$308.0M
Gross Margin
Operating Margin
16.4%
69.6%
Net Margin
10.5%
55.0%
Revenue YoY
0.6%
Net Profit YoY
-5.9%
1.0%
EPS (diluted)
$1.37
$1.54

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
SLM
SLM
Q1 26
$997.4M
$560.0M
Q4 25
$1.1B
$377.1M
Q3 25
$1.0B
$373.0M
Q2 25
$1.0B
$376.8M
Q1 25
$991.6M
$375.0M
Q4 24
$1.0B
$362.2M
Q3 24
$961.2M
$359.4M
Q2 24
$967.5M
$372.2M
Net Profit
BYD
BYD
SLM
SLM
Q1 26
$104.3M
$308.0M
Q4 25
$140.4M
$233.2M
Q3 25
$1.4B
$135.8M
Q2 25
$151.5M
$71.3M
Q1 25
$111.4M
$304.5M
Q4 24
$170.5M
$111.6M
Q3 24
$131.1M
$-45.2M
Q2 24
$139.8M
$252.0M
Operating Margin
BYD
BYD
SLM
SLM
Q1 26
16.4%
69.6%
Q4 25
15.7%
83.8%
Q3 25
13.9%
49.8%
Q2 25
23.4%
23.3%
Q1 25
20.2%
Q4 24
25.1%
36.5%
Q3 24
22.9%
-16.6%
Q2 24
23.5%
91.0%
Net Margin
BYD
BYD
SLM
SLM
Q1 26
10.5%
55.0%
Q4 25
13.2%
61.8%
Q3 25
143.4%
36.4%
Q2 25
14.6%
18.9%
Q1 25
11.2%
81.2%
Q4 24
16.4%
30.8%
Q3 24
13.6%
-12.6%
Q2 24
14.5%
67.7%
EPS (diluted)
BYD
BYD
SLM
SLM
Q1 26
$1.37
$1.54
Q4 25
$1.60
$1.11
Q3 25
$17.81
$0.63
Q2 25
$1.84
$0.32
Q1 25
$1.31
$1.40
Q4 24
$1.89
$0.53
Q3 24
$1.43
$-0.23
Q2 24
$1.47
$1.11

Balance Sheet & Financial Strength

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

Metric
BYD
BYD
SLM
SLM
Cash + ST InvestmentsLiquidity on hand
$5.2B
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$2.4B
Total Assets
$29.4B
Debt / EquityLower = less leverage
2.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYD
BYD
SLM
SLM
Q1 26
$5.2B
Q4 25
$353.4M
$4.2B
Q3 25
$319.1M
$3.5B
Q2 25
$320.1M
$4.1B
Q1 25
$311.5M
$3.7B
Q4 24
$316.7M
$4.7B
Q3 24
$286.3M
$4.5B
Q2 24
$280.8M
$5.3B
Total Debt
BYD
BYD
SLM
SLM
Q1 26
$6.2B
Q4 25
$5.4B
Q3 25
$6.8B
Q2 25
$3.6B
$6.4B
Q1 25
$3.5B
$6.1B
Q4 24
$3.2B
$6.4B
Q3 24
$3.1B
$6.0B
Q2 24
$3.0B
$5.4B
Stockholders' Equity
BYD
BYD
SLM
SLM
Q1 26
$2.4B
Q4 25
$2.6B
$2.5B
Q3 25
$2.7B
$2.3B
Q2 25
$1.4B
$2.4B
Q1 25
$1.3B
$2.4B
Q4 24
$1.6B
$2.2B
Q3 24
$1.6B
$2.1B
Q2 24
$1.7B
$2.3B
Total Assets
BYD
BYD
SLM
SLM
Q1 26
$29.4B
Q4 25
$6.6B
$29.7B
Q3 25
$6.5B
$29.6B
Q2 25
$6.6B
$29.6B
Q1 25
$6.5B
$28.9B
Q4 24
$6.4B
$30.1B
Q3 24
$6.3B
$30.0B
Q2 24
$6.3B
$28.8B
Debt / Equity
BYD
BYD
SLM
SLM
Q1 26
2.53×
Q4 25
2.19×
Q3 25
2.92×
Q2 25
2.56×
2.70×
Q1 25
2.61×
2.56×
Q4 24
2.01×
2.98×
Q3 24
1.88×
2.83×
Q2 24
1.73×
2.37×

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%

SLM
SLM

Net Interest Income$375.0M67%
Noninterest Income$185.0M33%

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