COMP <GO>
BYD vs TNL // RETURN ON INVESTED CAPITAL (ROIC)
Boyd Gaming Corporation (NYSE) VS. Travel Leisure Co. (NYSE) • 15-METRIC TALLY: BYD 6
— TNL 5
▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: TNL
LAST: $72.43 (+2.35%) • MKT CAP: $5.12B
roic
13.70%
LAST: $71.49 (+4.55%) • MKT CAP: $4.31B
roic
21.70%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BYD VS. TNL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BYD | TNL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 93.20% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) ACTIVE | 13.70% | 21.70% | -8.00 | TNL | /roic <GO> |
| EV/EBITDA & P/E Valuation | 5.5x | 11.2x | -5.70 | BYD | /valuation <GO> |
| Free Cash Flow Yield | 7.59% | 12.14% | -4.55 | TNL | /fcf-yield <GO> |
| Operating Margin | 18.30% | 13.80% | +4.50 | BYD | /operating-margins <GO> |
| Net Profit Margin | 45.00% | 5.70% | +39.30 | BYD | /net-margins <GO> |
| Revenue Growth (YoY) | 4.10% | 4.10% | 0.00 | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.14% | 3.46% | -2.32 | TNL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.44 | 1.72 | +0.72 | BYD | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | TNL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.8 | 69.4 | -16.60 | TNL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.05 | 0.98 | +0.07 | BYD | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 17.4x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.12B | $4.31B | $810.8M | BYD | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BYD REV | TNL REV | BYD GROSS % | TNL GROSS % | BYD FCF | TNL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.09B | $4.02B | — | 93.2% | $388.5M | $523.0M |
| FY 2024 | $3.93B | $3.86B | — | 97.6% | $556.7M | $383.0M |
| FY 2023 | $3.74B | $3.75B | — | — | $746.3M | $181.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BYD // BETA 1.05
TNL // BETA 0.98