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CHDN Churchill Downs Inc

Price (delayed)

$98.27

Market cap

$7.1B

P/E Ratio

17.36

Dividend/share

$0.41

EPS

$5.66

Enterprise value

$11.7B

Churchill Downs Incorporated is an industry-leading racing, online wagering and gaming entertainment company anchored by iconic flagship event, the Kentucky Derby. The Company owns and operates three pari-mutuel gaming entertainment ...

Highlights
The P/E is 33% below the 5-year quarterly average of 25.8 and 25% below the last 4 quarters average of 23.2
The equity has increased by 30% year-on-year
The quick ratio is up by 13% year-on-year but it is down by 6% since the previous quarter

Key stats

What are the main financial stats of CHDN
Market
Shares outstanding
72.23M
Market cap
$7.1B
Enterprise value
$11.7B
Valuations
Price to earnings (P/E)
17.36
Price to book (P/B)
6.74
Price to sales (P/S)
2.6
EV/EBIT
13.67
EV/EBITDA
10.9
EV/Sales
4.2
Earnings
Revenue
$2.79B
Gross profit
$942.8M
Operating income
$717.3M
Net income
$423.1M
EBIT
$856.2M
EBITDA
$1.07B
Free cash flow
$291.4M
Per share
EPS
$5.66
EPS diluted
$5.62
Free cash flow per share
$3.95
Book value per share
$14.57
Revenue per share
$37.8
TBVPS
$54.82
Balance sheet
Total assets
$7.35B
Total liabilities
$6.25B
Debt
$4.88B
Equity
$1.07B
Working capital
-$393.7M
Liquidity
Debt to equity
4.55
Current ratio
0.53
Quick ratio
0.45
Net debt/EBITDA
4.29
Margins
EBITDA margin
38.5%
Gross margin
33.8%
Net margin
15.2%
Operating margin
25.7%
Efficiency
Return on assets
5.8%
Return on equity
39.5%
Return on invested capital
11%
Return on capital employed
13.2%
Return on sales
30.7%
Dividend
Dividend yield
0.42%
DPS
$0.41
Payout ratio
7.2%

CHDN stock price

How has the Churchill Downs stock price performed over time
Intraday
0.44%
1 week
3.4%
1 month
-2.69%
1 year
-27.17%
YTD
-26.41%
QTD
-11.52%

Financial performance

How have Churchill Downs's revenue and profit performed over time
Revenue
$2.79B
Gross profit
$942.8M
Operating income
$717.3M
Net income
$423.1M
Gross margin
33.8%
Net margin
15.2%
CHDN's operating income is up by 26% year-on-year
Churchill Downs's net income has increased by 24% YoY
The gross profit has increased by 17% YoY
The revenue is up by 12% YoY

Price vs fundamentals

How does CHDN's price correlate with its fundamentals

Growth

What is Churchill Downs's growth rate over time

Valuation

What is Churchill Downs stock price valuation
P/E
17.36
P/B
6.74
P/S
2.6
EV/EBIT
13.67
EV/EBITDA
10.9
EV/Sales
4.2
The P/E is 33% below the 5-year quarterly average of 25.8 and 25% below the last 4 quarters average of 23.2
Churchill Downs's EPS has increased by 24% YoY
The stock's price to book (P/B) is 60% less than its 5-year quarterly average of 16.9 and 25% less than its last 4 quarters average of 8.9
The equity has increased by 30% year-on-year
The P/S is 47% less than the 5-year quarterly average of 4.9 and 28% less than the last 4 quarters average of 3.6
The revenue is up by 12% YoY

Efficiency

How efficient is Churchill Downs business performance
CHDN's return on assets is up by 16% year-on-year but it is down by 3.3% since the previous quarter
The ROIC has grown by 11% YoY
Churchill Downs's ROE has decreased by 7% from the previous quarter
Churchill Downs's return on sales has increased by 5% YoY but it has decreased by 2.5% QoQ

Dividends

What is CHDN's dividend history
DPS
$0.41
Dividend yield
0.42%
Payout ratio
7.2%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Churchill Downs financials performed over time
CHDN's total assets is 17% greater than its total liabilities
The quick ratio is up by 13% year-on-year but it is down by 6% since the previous quarter
Churchill Downs's current ratio has decreased by 7% from the previous quarter but it has increased by 6% YoY
The equity has increased by 30% year-on-year
The debt to equity has decreased by 24% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.