CHDN Churchill Downs Inc

Price (delayed)

$121.85

Market cap

$8.98B

P/E Ratio

21.95

Dividend/share

$0.38

EPS

$5.55

Enterprise value

$13.59B

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 equity has surged by 62% year-on-year
The gross profit has increased by 40% YoY and by 3.9% QoQ
Churchill Downs's net income has increased by 16% from the previous quarter but it has decreased by 5% YoY
Churchill Downs's EPS has increased by 15% QoQ but it has decreased by 4.1% YoY
The quick ratio is down by 7% year-on-year and by 2.3% since the previous quarter
The debt has increased by 5% YoY and by 2.4% from the previous quarter

Key stats

What are the main financial stats of CHDN
Market
Shares outstanding
73.68M
Market cap
$8.98B
Enterprise value
$13.59B
Valuations
Price to book (P/B)
10.17
Price to sales (P/S)
3.72
EV/EBIT
16.37
EV/EBITDA
13.52
EV/Sales
5.52
Earnings
Revenue
$2.46B
EBIT
$830.2M
EBITDA
$1.01B
Free cash flow
-$71.2M
Per share
EPS
$5.55
Free cash flow per share
-$0.95
Book value per share
$11.98
Revenue per share
$32.74
TBVPS
$48.37
Balance sheet
Total assets
$6.96B
Total liabilities
$6.06B
Debt
$4.84B
Equity
$893.6M
Working capital
-$355M
Liquidity
Debt to equity
5.41
Current ratio
0.53
Quick ratio
0.43
Net debt/EBITDA
4.59
Margins
EBITDA margin
40.8%
Gross margin
32.3%
Net margin
17%
Operating margin
22.9%
Efficiency
Return on assets
6.3%
Return on equity
50%
Return on invested capital
11.7%
Return on capital employed
13.4%
Return on sales
33.7%
Dividend
Dividend yield
0.31%
DPS
$0.38
Payout ratio
6.9%

CHDN stock price

How has the Churchill Downs stock price performed over time
Intraday
-0.01%
1 week
1.66%
1 month
-0.93%
1 year
98.31%
YTD
-9.69%
QTD
-9.69%

Financial performance

How have Churchill Downs's revenue and profit performed over time
Revenue
$2.46B
Gross profit
$795.7M
Operating income
$564M
Net income
$417.3M
Gross margin
32.3%
Net margin
17%
CHDN's operating income has soared by 75% year-on-year and by 20% since the previous quarter
The gross profit has increased by 40% YoY and by 3.9% QoQ
The revenue is up by 36% YoY and by 3.4% QoQ
The net margin has decreased by 30% YoY but it has increased by 12% from the previous quarter

Growth

What is Churchill Downs's growth rate over time

Valuation

What is Churchill Downs stock price valuation
P/E
21.95
P/B
10.17
P/S
3.72
EV/EBIT
16.37
EV/EBITDA
13.52
EV/Sales
5.52
The P/E is 22% below the 5-year quarterly average of 28.3 and 8% below the last 4 quarters average of 23.8
Churchill Downs's EPS has increased by 15% QoQ but it has decreased by 4.1% YoY
The equity has surged by 62% year-on-year
The stock's price to book (P/B) is 39% less than its 5-year quarterly average of 16.8 and 13% less than its last 4 quarters average of 11.7
The revenue is up by 36% YoY and by 3.4% QoQ
The P/S is 24% less than the 5-year quarterly average of 4.9 and 13% less than the last 4 quarters average of 4.3

Efficiency

How efficient is Churchill Downs business performance
Churchill Downs's ROE has decreased by 41% YoY but it has increased by 4% from the previous quarter
CHDN's return on assets is down by 34% year-on-year but it is up by 13% since the previous quarter
The ROIC has contracted by 24% YoY but it has grown by 10% from the previous quarter
Churchill Downs's return on sales has decreased by 19% YoY but it has increased by 8% QoQ

Dividends

What is CHDN's dividend history
DPS
$0.38
Dividend yield
0.31%
Payout ratio
6.9%
Recent dividends

Financial health

How did Churchill Downs financials performed over time
CHDN's total assets is 15% greater than its total liabilities
CHDN's total assets is up by 12% year-on-year and by 3% since the previous quarter
The quick ratio is down by 7% year-on-year and by 2.3% since the previous quarter
The equity has surged by 62% year-on-year
The debt to equity has decreased by 35% YoY

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