Penn Entertainment [PENN] vs Boyd Gaming [BYD] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Penn Entertainment Inc. wins in 6 metrics, Boyd Gaming Corporation wins in 13 metrics, with 0 ties. Boyd Gaming Corporation appears stronger overall.

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Vital Metrics Comparison

Metric Penn Entertainment Inc. Boyd Gaming Corporation Better
P/E Ratio (TTM) 4.34 3.94 Boyd Gaming Corporation
Price-to-Book Ratio 1.19 2.61 Penn Entertainment Inc.
Debt-to-Equity Ratio 616.81 103.98 Boyd Gaming Corporation
PEG Ratio -0.04 -0.58 Penn Entertainment Inc.
EV/EBITDA 17.24 7.57 Boyd Gaming Corporation
Profit Margin (TTM) -12.11% 45.05% Boyd Gaming Corporation
Operating Margin (TTM) 4.91% 20.81% Boyd Gaming Corporation
EBITDA Margin (TTM) 4.91% 20.81% Boyd Gaming Corporation
Return on Equity -36.08% 87.79% Boyd Gaming Corporation
Return on Assets (TTM) 1.17% 8.72% Boyd Gaming Corporation
Free Cash Flow (TTM) $-177.20M $303.46M Boyd Gaming Corporation
Dividend Yield N/A 0.90% N/A
1-Year Return 38.89% 19.37% Penn Entertainment Inc.
Price-to-Sales Ratio (TTM) 0.33 1.64 Penn Entertainment Inc.
Enterprise Value $12.45B $9.09B Penn Entertainment Inc.
EV/Revenue Ratio 1.79 2.22 Penn Entertainment Inc.
Gross Profit Margin (TTM) N/A 47.80% N/A
Revenue per Share (TTM) $48 $50 Boyd Gaming Corporation
Earnings per Share (Diluted) $-5.83 $22.62 Boyd Gaming Corporation
Beta (Stock Volatility) 1.33 1.19 Boyd Gaming Corporation
Short % of Float 16.29% 5.57% Boyd Gaming Corporation

Penn Entertainment Inc. vs Boyd Gaming Corporation Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Penn Entertainment Inc.0.74%13.93%34.81%56.22%58.15%47.07%
Boyd Gaming Corporation0.24%1.26%10.85%9.53%3.01%1.72%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Penn Entertainment Inc.38.89%-12.72%-70.62%48.59%158.40%173.05%
Boyd Gaming Corporation19.37%28.62%49.05%367.95%1,018.41%117.35%

Performance & Financial Health Analysis: Penn Entertainment Inc. vs Boyd Gaming Corporation

MetricPENNBYD
Market Information
Market Cap i$2.31B$6.73B
Market Cap CategoryMid capMid cap
10 Day Avg. Volume i3,502,185822,291
90 Day Avg. Volume i3,533,615873,407
Last Close$21.84$87.67
52 Week Range$11.65 - $22.17$73.90 - $89.96
% from 52W High-1.49%-2.55%
All-Time High$142.00 (Mar 15, 2021)$89.96 (Jan 15, 2026)
% from All-Time High-84.62%-2.55%
Growth Metrics
Quarterly Revenue Growth0.08%0.02%
Quarterly Earnings GrowthN/A-0.18%
Financial Health
Profit Margin (TTM) i-0.12%0.45%
Operating Margin (TTM) i0.05%0.21%
Return on Equity (TTM) i-0.36%0.88%
Debt to Equity (MRQ) i616.81103.98
Cash & Liquidity
Book Value per Share (MRQ)$14.53$34.16
Cash per Share (MRQ)$5.41$4.69
Operating Cash Flow (TTM) i$508.20M$976.68M
Levered Free Cash Flow (TTM) i$-293,762,496$594.66M
Dividends
Last 12-Month Dividend Yield iN/A0.90%
Last 12-Month Dividend i$0.00$0.74

Valuation & Enterprise Metrics Analysis: Penn Entertainment Inc. vs Boyd Gaming Corporation

MetricPENN (Apr 24, 2026)BYD (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i4.343.94
Forward P/E i12.0611.06
PEG Ratio i-0.04-0.58
Price to Sales (TTM) i0.331.64
Price to Book (MRQ) i1.192.61
Market Capitalization
Market Capitalization i$2.31B$6.73B
Enterprise Value i$12.45B$9.09B
Enterprise Value Metrics
Enterprise to Revenue i1.792.22
Enterprise to EBITDA i17.247.57
Risk & Other Metrics
Beta i1.331.19
Book Value per Share (MRQ) i$14.53$34.16

Financial Statements Comparison: Penn Entertainment Inc. vs Boyd Gaming Corporation

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricPENN (2025)BYD (2025)
Revenue/Sales i6.96B4.09B
Cost of Goods Sold i4.61B2.06B
COGS % of Revenue i66.2%50.5%
Gross Profit i2.35B2.03B
Gross Margin i33.8%49.5%
Research & Development iN/A12.36M
Operating Income (EBIT) i271.70M876.80M
Operating Margin i3.9%21.4%
EBITDA i985.80M2.92B
EBITDA Margin i14.2%71.4%
Pre-Tax Income i-820.70M2.33B
Pre-Tax Income % of Revenue i-11.8%56.9%
Income Tax i24.60M490.77M
Income Tax % of Revenue i0.4%12.0%
Net Income (Profit) i-845.30M1.84B
Profit Margin i-12.1%44.9%

Balance Sheet & Liquidity Metrics

MetricPENN (2025)BYD (2025)
Cash & Equivalents i686.60M353.41M
Total Current Assets i1.17B530.73M
Total Current Assets % of Revenue i16.8%13.0%
Total Current Liabilities i1.48B979.22M
Total Current Liabilities % of Revenue i21.2%23.9%
Long-Term Debt i10.76B2.60B
Long-Term Debt % of Revenue i154.5%63.5%
Total Shareholders Equity i1.83B2.61B
Retained Earnings i-1.49B2.61B
Retained Earnings % of Revenue i-21.4%63.8%
Property, Plant & Equipment i5.89B646.15M

Cash Flow Statement Comparison

MetricPENN (2025)BYD (2025)
Operating Cash Flow i-282.90M2.21B
Operating Cash Flow % of Revenue i-4.1%54.0%
Capital Expenditures i280.00MN/A
Free Cash Flow i-177.20M303.46M
FCF Margin i-2.5%7.4%
Debt Repayment i-442.60M-3.20B
Common Stock Repurchase i-578.20M-778.32M

Short Interest & Institutional Ownership Analysis

MetricPENNBYD
Shares Short i21.42M3.25M
Short Ratio i5.533.25
Short % of Float i16.29%5.57%
Shares Outstanding i133.45M76.37M
Float Shares i124.61M51.44M
% Held by Insiders i1.87%30.98%
% Held by Institutions i97.80%73.57%
% Held by Public i0.33%-4.55%

Dividend Analysis & Yield Comparison: Penn Entertainment Inc. vs Boyd Gaming Corporation

MetricPENNBYD
Last 12-Month Dividend i$0.00$0.74
Last 12-Month Dividend Yield iN/A0.90%
3-Year Avg Annual Dividend i$0.00$0.69
3-Year Avg Dividend Yield iN/A0.25%
3-Year Total Dividends i$0.00$2.08
Ex-Dividend DateN/AMar 16, 2026