CHDN Churchill Downs Inc

Price (delayed)

$101.64

Market cap

$7.13B

P/E Ratio

17.34

Dividend/share

$0.41

EPS

$5.86

Enterprise value

$11.85B

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 32% below the 5-year quarterly average of 25.3 and 19% below the last 4 quarters average of 21.1
The quick ratio is up by 16% since the previous quarter and by 8% year-on-year
The equity has declined by 2.8% since the previous quarter
The debt has increased by 3% YoY and by 2.6% from the previous quarter

Key stats

What are the main financial stats of CHDN
Market
Shares outstanding
70.12M
Market cap
$7.13B
Enterprise value
$11.85B
Valuations
Price to earnings (P/E)
17.34
Price to book (P/B)
7.05
Price to sales (P/S)
2.58
EV/EBIT
13.86
EV/EBITDA
10.96
EV/Sales
4.19
Earnings
Revenue
$2.83B
Gross profit
$946.9M
Operating income
$715M
Net income
$430.7M
EBIT
$854.8M
EBITDA
$1.08B
Free cash flow
$366.3M
Per share
EPS
$5.86
EPS diluted
$5.82
Free cash flow per share
$5.11
Book value per share
$14.42
Revenue per share
$39.47
TBVPS
$56.76
Balance sheet
Total assets
$7.38B
Total liabilities
$6.31B
Debt
$5.01B
Equity
$1.04B
Working capital
-$308.1M
Liquidity
Debt to equity
4.81
Current ratio
0.6
Quick ratio
0.52
Net debt/EBITDA
4.37
Margins
EBITDA margin
38.2%
Gross margin
33.5%
Net margin
15.2%
Operating margin
25.3%
Efficiency
Return on assets
5.9%
Return on equity
40.1%
Return on invested capital
10.9%
Return on capital employed
12.9%
Return on sales
30.2%
Dividend
Dividend yield
0.4%
DPS
$0.41
Payout ratio
7%

CHDN stock price

How has the Churchill Downs stock price performed over time
Intraday
1.22%
1 week
-1.74%
1 month
-3.93%
1 year
-25.3%
YTD
-23.89%
QTD
0.63%

Financial performance

How have Churchill Downs's revenue and profit performed over time
Revenue
$2.83B
Gross profit
$946.9M
Operating income
$715M
Net income
$430.7M
Gross margin
33.5%
Net margin
15.2%
The revenue is up by 8% YoY
CHDN's operating income is up by 6% year-on-year
The gross profit has increased by 5% YoY
Churchill Downs's net income has increased by 5% 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
17.34
P/B
7.05
P/S
2.58
EV/EBIT
13.86
EV/EBITDA
10.96
EV/Sales
4.19
The P/E is 32% below the 5-year quarterly average of 25.3 and 19% below the last 4 quarters average of 21.1
Churchill Downs's EPS has increased by 7% YoY and by 3.5% QoQ
The stock's price to book (P/B) is 58% less than its 5-year quarterly average of 16.4 and 15% less than its last 4 quarters average of 8.2
The equity has declined by 2.8% since the previous quarter
The P/S is 46% less than the 5-year quarterly average of 4.7 and 21% less than the last 4 quarters average of 3.2
The revenue is up by 8% YoY

Efficiency

How efficient is Churchill Downs business performance
Churchill Downs's ROE has decreased by 11% YoY
Churchill Downs's return on sales has decreased by 5% YoY

Dividends

What is CHDN's dividend history
DPS
$0.41
Dividend yield
0.4%
Payout ratio
7%
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 16% since the previous quarter and by 8% year-on-year
Churchill Downs's current ratio has increased by 13% from the previous quarter and by 5% YoY
The debt to equity has increased by 6% from the previous quarter and by 2.1% YoY
The equity has declined by 2.8% since the previous quarter

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