Boyd Gaming vs Churchill Downs
BYD and CHDN side by side. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How BYD and CHDN compare
Churchill Downs is the larger company, worth 1.3 times as much as Boyd Gaming ($6.8B against $5.4B).
On earnings, Boyd Gaming is cheaper: it trades at 11.6× trailing earnings, against 15.4× for Churchill Downs.
Churchill Downs grew revenue faster over the last twelve months (4.2% versus 0.33% for Boyd Gaming).
Churchill Downs keeps more of each dollar of sales as profit, with a net margin of 15.1% compared with 12.3% at Boyd Gaming.
Both pay dividends: Boyd Gaming yields 1.0% and Churchill Downs 0.44%.
Boyd Gaming scores higher on the StockData Score (15 against 13 for Churchill Downs), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | BYD | CHDN |
|---|---|---|
| Size and price | ||
| Market cap | $5.4B | $6.8B |
| Share price | $77.11 | $99.62 |
| Change, 1 year | −5.2% | 0.19% |
| Change, 5 years | 29.1% | −16.0% |
| Beta (5Y) | 0.91 | 0.87 |
| Employees | 16K | 9,000 |
| StockData Score | ||
| Total score | 15 (better) | 13 |
| Valuation score | 5 | 5 |
| Growth score | 1 | 1 |
| Performance score | 3 | 3 |
| Health score | 3 (better) | 1 |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 11.6× (better) | 15.4× |
| P/S | 1.3× (better) | 2.3× |
| P/B | 2.2× (better) | 5.0× |
| EV/EBITDA | 7.1× (better) | 11.4× |
| PEG | 0.21 | – |
| FCF yield | −0.29% | – |
| Fair value | $108.18 | $154.70 |
| Margin of safety | 28.7% | 35.6% (better) |
| Growth | ||
| Revenue growth (TTM) | 0.33% | 4.2% (better) |
| Revenue growth, 5Y average | 13.4% | 22.7% (better) |
| Net income growth (TTM) | −73.2% | 12.7% (better) |
| EPS growth (TTM) | −71.1% | 16.8% (better) |
| Profitability | ||
| Operating margin | 17.8% | 25.5% (better) |
| Net margin | 12.3% | 15.1% (better) |
| FCF margin | −0.38% | – |
| Return on equity | 19.6% | 37.7% (better) |
| Return on invested capital | 13.0% (better) | 9.3% |
| Financial health | ||
| Debt / equity | 1.09 (better) | 3.42 |
| Net debt / EBITDA | 2.17 (better) | 4.55 |
| Interest coverage | 6.1× (better) | 2.7× |
| Current ratio | 0.33 (better) | 0.32 |
| Altman Z-score | 2.09 (better) | 1.53 |
| Piotroski F-score | 6 | 6 |
| Dividends and buybacks | ||
| Dividend yield | 1.0% (better) | 0.44% |
| Payout ratio | 11.5% | 7.0% |
| Years of dividend growth | 3 | 15 (better) |
| Dividend growth, 5Y average | – | 7.1% |
| Buyback yield | 12.1% (better) | 1.1% |
| Shareholder yield | 13.1% (better) | 1.5% |
| Ownership | ||
| Held by institutions | 77.1% | 87.4% |
| Held by insiders | 12.8% | 6.1% |
| Insider net buying, 12 months | −$24.8M | – |
| Short interest, % of float | 7.2% | 8.4% |
Go deeper
- BYD stock overview
- BYD income statement
- BYD valuation and score
- CHDN stock overview
- CHDN income statement
- CHDN valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.