CHDN Churchill Downs Inc

Price (delayed)

$129.91

Market cap

$9.55B

P/E Ratio

28.43

Dividend/share

$0.38

EPS

$4.57

Enterprise value

$14.25B

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 gross profit has increased by 25% YoY
The revenue is up by 24% YoY
The equity has increased by 17% year-on-year but it has declined by 7% since the previous quarter
Churchill Downs's net income has decreased by 38% YoY and by 18% from the previous quarter
Churchill Downs's EPS has decreased by 37% YoY and by 18% QoQ

Key stats

What are the main financial stats of CHDN
Market
Shares outstanding
73.5M
Market cap
$9.55B
Enterprise value
$14.25B
Valuations
Price to book (P/B)
11.58
Price to sales (P/S)
3.86
EV/EBIT
19.56
EV/EBITDA
15.63
EV/Sales
5.72
Earnings
Revenue
$2.49B
EBIT
$728.8M
EBITDA
$912.2M
Free cash flow
-$52.7M
Per share
EPS
$4.57
Free cash flow per share
-$0.71
Book value per share
$11.22
Revenue per share
$33.65
TBVPS
$50.63
Balance sheet
Total assets
$7.07B
Total liabilities
$6.24B
Debt
$4.93B
Equity
$826.9M
Working capital
-$421.2M
Liquidity
Debt to equity
5.96
Current ratio
0.5
Quick ratio
0.4
Net debt/EBITDA
5.16
Margins
EBITDA margin
36.6%
Gross margin
32.4%
Net margin
13.7%
Operating margin
22.9%
Efficiency
Return on assets
5%
Return on equity
39.5%
Return on invested capital
9.9%
Return on capital employed
11.7%
Return on sales
29.2%
Dividend
Dividend yield
0.29%
DPS
$0.38
Payout ratio
8.4%

CHDN stock price

How has the Churchill Downs stock price performed over time
Intraday
0.53%
1 week
9.2%
1 month
7.57%
1 year
106.34%
YTD
-3.72%
QTD
4.98%

Financial performance

How have Churchill Downs's revenue and profit performed over time
Revenue
$2.49B
Gross profit
$808.9M
Operating income
$570.4M
Net income
$342M
Gross margin
32.4%
Net margin
13.7%
The net margin has plunged by 50% YoY and by 19% from the previous quarter
CHDN's operating income is up by 45% year-on-year
Churchill Downs's net income has decreased by 38% YoY and by 18% from the previous quarter
The gross profit has increased by 25% YoY

Growth

What is Churchill Downs's growth rate over time

Valuation

What is Churchill Downs stock price valuation
P/E
28.43
P/B
11.58
P/S
3.86
EV/EBIT
19.56
EV/EBITDA
15.63
EV/Sales
5.72
Churchill Downs's EPS has decreased by 37% YoY and by 18% QoQ
The P/E is 8% above the last 4 quarters average of 26.2
The stock's price to book (P/B) is 32% less than its 5-year quarterly average of 17.0 but 3.7% more than its last 4 quarters average of 11.1
The equity has increased by 17% year-on-year but it has declined by 7% since the previous quarter
The revenue is up by 24% YoY
The P/S is 22% less than the 5-year quarterly average of 4.9 and 6% less than the last 4 quarters average of 4.1

Efficiency

How efficient is Churchill Downs business performance
Churchill Downs's ROE has plunged by 56% YoY and by 21% from the previous quarter
CHDN's return on assets has dropped by 51% year-on-year and by 21% since the previous quarter
The ROIC has contracted by 40% YoY and by 15% from the previous quarter
Churchill Downs's return on sales has decreased by 38% YoY and by 13% QoQ

Dividends

What is CHDN's dividend history
DPS
$0.38
Dividend yield
0.29%
Payout ratio
8.4%
Recent dividends

Financial health

How did Churchill Downs financials performed over time
CHDN's total assets is 13% greater than its total liabilities
CHDN's total assets is up by 13% year-on-year
CHDN's total liabilities is up by 12% YoY and by 2.9% from the previous quarter
The equity has increased by 17% year-on-year but it has declined by 7% since the previous quarter
The debt has increased by 11% YoY

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