vs
Side-by-side financial comparison of BOYD GAMING CORP (BYD) and Snap-on (SNA). Click either name above to swap in a different company.
Snap-on is the larger business by last-quarter revenue ($1.2B vs $997.4M, roughly 1.2× BOYD GAMING CORP). Snap-on runs the higher net margin — 21.3% vs 10.5%, a 10.9% gap on every dollar of revenue. On growth, Snap-on posted the faster year-over-year revenue change (2.7% vs 0.6%). Over the past eight quarters, Snap-on's revenue compounded faster (2.0% CAGR vs 1.5%).
Boyd Gaming Corporation is an American gambling and hospitality company based in Paradise, Nevada, US.
Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.
BYD vs SNA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $997.4M | $1.2B |
| Net Profit | $104.3M | $260.7M |
| Gross Margin | — | — |
| Operating Margin | 16.4% | 27.8% |
| Net Margin | 10.5% | 21.3% |
| Revenue YoY | 0.6% | 2.7% |
| Net Profit YoY | -5.9% | 1.0% |
| EPS (diluted) | $1.37 | $4.94 |
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 | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $991.6M | $1.1B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $961.2M | $1.1B | ||
| Q2 24 | $967.5M | $1.2B |
| Q1 26 | $104.3M | — | ||
| Q4 25 | $140.4M | $260.7M | ||
| Q3 25 | $1.4B | $265.4M | ||
| Q2 25 | $151.5M | $250.3M | ||
| Q1 25 | $111.4M | $240.5M | ||
| Q4 24 | $170.5M | $258.1M | ||
| Q3 24 | $131.1M | $251.1M | ||
| Q2 24 | $139.8M | $271.2M |
| Q1 26 | 16.4% | — | ||
| Q4 25 | 15.7% | 27.8% | ||
| Q3 25 | 13.9% | 29.4% | ||
| Q2 25 | 23.4% | 28.0% | ||
| Q1 25 | 20.2% | 27.7% | ||
| Q4 24 | 25.1% | 27.9% | ||
| Q3 24 | 22.9% | 28.4% | ||
| Q2 24 | 23.5% | 29.9% |
| Q1 26 | 10.5% | — | ||
| Q4 25 | 13.2% | 21.3% | ||
| Q3 25 | 143.4% | 22.5% | ||
| Q2 25 | 14.6% | 21.4% | ||
| Q1 25 | 11.2% | 21.2% | ||
| Q4 24 | 16.4% | 21.7% | ||
| Q3 24 | 13.6% | 22.0% | ||
| Q2 24 | 14.5% | 23.1% |
| Q1 26 | $1.37 | — | ||
| Q4 25 | $1.60 | $4.94 | ||
| Q3 25 | $17.81 | $5.02 | ||
| Q2 25 | $1.84 | $4.72 | ||
| Q1 25 | $1.31 | $4.51 | ||
| Q4 24 | $1.89 | $4.83 | ||
| Q3 24 | $1.43 | $4.70 | ||
| Q2 24 | $1.47 | $5.07 |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $268.1M |
| Free Cash FlowOCF − Capex | — | $254.6M |
| FCF MarginFCF / Revenue | — | 20.8% |
| Capex IntensityCapex / Revenue | — | 1.1% |
| Cash ConversionOCF / Net Profit | — | 1.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $268.1M | ||
| Q3 25 | $240.0M | $277.9M | ||
| Q2 25 | $205.0M | $237.2M | ||
| Q1 25 | $256.4M | $298.5M | ||
| Q4 24 | $262.1M | $293.5M | ||
| Q3 24 | $231.2M | $274.2M | ||
| Q2 24 | $213.1M | $301.1M |
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | $254.6M | ||
| Q3 25 | $94.4M | $258.0M | ||
| Q2 25 | $80.6M | $217.5M | ||
| Q1 25 | $86.5M | $275.6M | ||
| Q4 24 | $150.9M | $275.4M | ||
| Q3 24 | $146.0M | $253.8M | ||
| Q2 24 | $98.7M | $277.9M |
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 20.8% | ||
| Q3 25 | 9.4% | 21.8% | ||
| Q2 25 | 7.8% | 18.6% | ||
| Q1 25 | 8.7% | 24.3% | ||
| Q4 24 | 14.5% | 23.1% | ||
| Q3 24 | 15.2% | 22.3% | ||
| Q2 24 | 10.2% | 23.7% |
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 1.1% | ||
| Q3 25 | 14.5% | 1.7% | ||
| Q2 25 | 12.0% | 1.7% | ||
| Q1 25 | 17.1% | 2.0% | ||
| Q4 24 | 10.7% | 1.5% | ||
| Q3 24 | 8.9% | 1.8% | ||
| Q2 24 | 11.8% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | 1.03× | ||
| Q3 25 | 0.17× | 1.05× | ||
| Q2 25 | 1.35× | 0.95× | ||
| Q1 25 | 2.30× | 1.24× | ||
| Q4 24 | 1.54× | 1.14× | ||
| Q3 24 | 1.76× | 1.09× | ||
| Q2 24 | 1.52× | 1.11× |
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% |
SNA
Segment breakdown not available.
