BYD
Boyd Gaming Corporation
BYD trails on the overall score without a compensating advantage in the available component scores.
F
Ford Motor Company
F has the edge over BYD overall, supported by stronger modeled upside and lower modeled downside.
BYD Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Stable |
BYD's revenue, profitability and balance sheet are currently stable, but its cash flow is under pressure.
F Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
F's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
BYD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6x | $38.85 | -50% |
| Forward | 10x | $77.11 | — |
| Fair | 11x | $71.91 | -6.7% |
| Current | 12x | $77.11 | — |
| Expensive | 16x | $105 | +36% |
Historical ranges are pointers, not guarantees.
BYD's PE is in its fair range at 12x. On analysts' estimates for next year's earnings, today's price would be 10x, in its cheap range.
F PE Valuation
F has no meaningful PE right now: it lost money over the past year.
BYD Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect BYD's profitability to improve, with its earnings and revenue holding steady.
F Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
F has the edge over BYD on the outlook, with more favorable earnings expectations.
BYD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.56 | +18% |
| Q3 2026 | $6.43 | -72% |
| Q2 2026 | $22.53 | +248% |
| Q1 2026 | $22.62 | +271% |
| Q4 2025 | $22.56 | +264% |
| Q3 2025 | $22.85 | +334% |
| Q2 2025 | $6.47 | +25% |
| Q1 2025 | $6.10 | +9.1% |
| Q4 2024 | $6.19 | +1.1% |
BYD has the edge over F on earnings quality, reporting a profit while its opponent remains loss making.
F Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.78 | — |
| Q3 2026 | -$1.97 | -270% |
| Q2 2026 | -$1.87 | -340% |
| Q1 2026 | -$1.55 | -224% |
| Q4 2025 | -$2.06 | -241% |
| Q3 2025 | $1.16 | +32% |
| Q2 2025 | $0.78 | -19% |
| Q1 2025 | $1.25 | +29% |
| Q4 2024 | $1.46 | +35% |
F has swung to a loss: it lost $1.97 per share over the past year, after a profit the year before.
BYD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $990.5M | -1.4% |
| Q2 2026 | $1B | 0% |
| Q1 2026 | $997.4M | +0.6% |
| Q4 2025 | $1.1B | +2% |
| Q3 2025 | $1B | +4.5% |
| Q2 2025 | $1B | +6.9% |
| Q1 2025 | $991.6M | +3.2% |
| Q4 2024 | $1B | +9.1% |
BYD has the edge over F on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +5.8 points |
| Q2 2026 | 19% | -4 points |
| Q1 2026 | 16% | -3.7 points |
| Q4 2025 | 16% | -9.4 points |
| Q3 2025 | 14% | -9 points |
| Q2 2025 | 23% | 0 points |
| Q1 2025 | 20% | -2.7 points |
| Q4 2024 | 25% | +8.9 points |
BYD has the edge over F on profitability, with a higher operating margin.
F Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.5B | -2% |
| Q2 2026 | $48.3B | -3.8% |
| Q1 2026 | $43.3B | +6.4% |
| Q4 2025 | $45.9B | -4.8% |
| Q3 2025 | $50.5B | +9.4% |
| Q2 2025 | $50.2B | +5% |
| Q1 2025 | $40.7B | -5% |
| Q4 2024 | $48.2B | +4.9% |
F's revenue grew through 2023 and has held roughly level since: $49.5B last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.9% | -0.1 points |
| Q2 2026 | 1.3% | +0.3 points |
| Q1 2026 | 5.4% | +4.6 points |
| Q4 2025 | -25% | -28 points |
| Q3 2025 | 3.1% | +1.2 points |
| Q2 2025 | 1% | -2.9 points |
| Q1 2025 | 0.8% | -2.1 points |
| Q4 2024 | 2.5% | +3.1 points |
F's operating margin was 2.9% last quarter, about level with the same quarter a year ago.
BYD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $43.7M | -54% |
| Q2 2026 | -$165.5M | -305% |
| Q1 2026 | -$20.8M | -124% |
| Q4 2025 | $127M | -16% |
| Q3 2025 | $94.4M | -35% |
| Q2 2025 | $80.6M | -18% |
| Q1 2025 | $86.5M | -46% |
| Q4 2024 | $150.9M | +23% |
BYD's free cash flow has turned negative after years in the green: −$16M over the past year.
F Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.1B | -40% |
| Q2 2026 | $2B | -54% |
| Q1 2026 | -$1.1B | -157% |
| Q4 2025 | $1.1B | +108% |
| Q3 2025 | $5.3B | +50% |
| Q2 2025 | $4.2B | +24% |
| Q1 2025 | $1.9B | +$2.6B |
| Q4 2024 | $530M | +169% |
F has the edge over BYD on cash generation, producing positive trailing cash flow while its opponent burns cash.
BYD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.4% | -1.8M shares |
| 1 year | -9.7% | -7.8M shares |
| 3 years | -33% | -36M shares |
| 5 years | -36% | -40.8M shares |
BYD has the edge over F on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $163.9M |
| Q2 2026 | $156M |
| Q1 2026 | $155M |
| Q4 2025 | $185.3M |
| Q3 2025 | $160M |
| Q2 2025 | $105M |
| Q1 2025 | $328M |
| Q4 2024 | $202.6M |
BYD spent $660M buying back its own shares over the past year, down 17% from the year before.
F Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +89M shares |
| 1 year | +0.7% | +28M shares |
| 3 years | +0.6% | +26M shares |
| 5 years | +1% | +40M shares |
| Available history | +1.8% | +72M shares |
F has 4.1B diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $311M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $150M |
F spent $311M buying back its own shares over the past year, up 107% from the year before.
BYD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 1.8x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 1.4x | Healthy |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.7x | Moderate |
| Q4 2024 | 2.4x | Moderate |
BYD's net debt is about 2.2 years of its operating earnings (EBITDA), up from 1.4 years a year ago.
F Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.2x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
F has the edge over BYD on leverage, with a lower net debt burden relative to earnings.
BYD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.4 | Neutral |
| Stochastic | 47.5 | Neutral |
BYD's weekly RSI is 48 (neutral) and its Stochastic is 48 (neutral).
F Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 19.6 | Oversold |
F's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
BYD PE vs Consumer Cyclical Sector
| Metric | BYD | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 18x | 33% below |
| PE % | 61 | 47 | 14 pts above |
BYD is trading at 12x earnings, a 33% discount to the Consumer Cyclical sector's median of 18x.
F PE vs Consumer Cyclical Sector
| Metric | F | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
F has no meaningful PE right now: it lost money over the past year.
BYD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $72.0 | 7.2% above |
| 20 week MA | $78.3 | 1.5% below |
| 50 week MA | $81.9 | 5.9% below |
| 100 week MA | $79.4 | 2.9% below |
| 200 week MA | $71.3 | 8.2% above |
BYD has the edge over F on trend strength, trading above more of its moving averages.
F Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.2 | 2.5% below |
| 20 week MA | $13.3 | 11% below |
| 50 week MA | $13.4 | 11% below |
| 100 week MA | $12.1 | 2% below |
| 200 week MA | $12.1 | 1.4% below |
F is in a downtrend: it's below all five of its weekly moving averages, and 1.4% below its 200-week average.
BYD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.4 | $42.6 | +40% |
| 2021 | $42.6 | $64.7 | +52% |
| 2022 | $64.7 | $55.1 | -15% |
| 2023 | $55.1 | $62.6 | +14% |
| 2024 | $62.6 | $72.4 | +16% |
| 2025 | $72.4 | $86.6 | +20% |
| 2026 YTD | $86.6 | $77.1 | -11% |
BYD has finished higher in five of the last six years. It's down 11% so far in 2026.
F Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.36 | $8.86 | -5.3% |
| 2021 | $8.86 | $20.3 | +129% |
| 2022 | $20.3 | $11.4 | -44% |
| 2023 | $11.4 | $12.2 | +7.3% |
| 2024 | $12.2 | $10.0 | -18% |
| 2025 | $10.0 | $13.3 | +33% |
| 2026 YTD | $13.3 | $11.9 | -11% |
F has the edge over BYD on returns for 2026, with the stronger performance.