CHDN Churchill Downs Inc
Price (delayed)
$116.91
Market cap
$8.6B
P/E Ratio
20.4
Dividend/share
$0.41
EPS
$5.73
Enterprise value
$13.25B
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 P/E is 25% below the 5-year quarterly average of 27.1 and 18% below the last 4 quarters average of 25.0
The equity has increased by 21% year-on-year
Key stats
What are the main financial stats of CHDN
Market
Valuations
Earnings
Shares outstanding
73.55M
Market cap
$8.6B
Enterprise value
$13.25B
Price to earnings (P/E)
20.4
Price to book (P/B)
7.93
Price to sales (P/S)
3.16
EV/EBIT
15.4
EV/EBITDA
12.44
EV/Sales
4.85
Revenue
$2.73B
Gross profit
$938.5M
Operating income
$709M
Net income
$426.8M
EBIT
$860.7M
EBITDA
$1.07B
Free cash flow
$224.7M
Per share
Balance sheet
Liquidity
EPS
$5.73
EPS diluted
$5.68
Free cash flow per share
$3.04
Book value per share
$14.74
Revenue per share
$36.95
TBVPS
$53.6
Total assets
$7.28B
Total liabilities
$6.17B
Debt
$4.91B
Equity
$1.08B
Working capital
-$317M
Debt to equity
4.53
Current ratio
0.57
Quick ratio
0.48
Net debt/EBITDA
4.37
Margins
Efficiency
Dividend
EBITDA margin
39%
Gross margin
34.3%
Net margin
15.6%
Operating margin
25.9%
Return on assets
6%
Return on equity
42.3%
Return on invested capital
11.1%
Return on capital employed
13.1%
Return on sales
31.5%
Dividend yield
0.35%
DPS
$0.41
Payout ratio
7.1%
CHDN stock price
How has the Churchill Downs stock price performed over time
Intraday
-1.8%
1 week
-4.26%
1 month
-7.5%
1 year
-0.44%
YTD
-12.45%
QTD
-12.45%
Financial performance
How have Churchill Downs's revenue and profit performed over time
Revenue
$2.73B
Gross profit
$938.5M
Operating income
$709M
Net income
$426.8M
Gross margin
34.3%
Net margin
15.6%
CHDN's operating income is up by 26% year-on-year and by 3% since the previous quarter
The gross profit has increased by 18% YoY and by 2% QoQ
CHDN's operating margin is up by 13% YoY
The revenue is up by 11% YoY and by 2.4% QoQ
Growth
What is Churchill Downs's growth rate over time
Valuation
What is Churchill Downs stock price valuation
P/E
20.4
P/B
7.93
P/S
3.16
EV/EBIT
15.4
EV/EBITDA
12.44
EV/Sales
4.85
The P/E is 25% below the 5-year quarterly average of 27.1 and 18% below the last 4 quarters average of 25.0
Churchill Downs's EPS has increased by 3.2% QoQ and by 3.2% YoY
The stock's price to book (P/B) is 53% less than its 5-year quarterly average of 17.0 and 19% less than its last 4 quarters average of 9.8
The equity has increased by 21% year-on-year
The P/S is 36% less than the 5-year quarterly average of 4.9 and 15% less than the last 4 quarters average of 3.7
The revenue is up by 11% YoY and by 2.4% QoQ
Efficiency
How efficient is Churchill Downs business performance
Churchill Downs's ROE has decreased by 15% YoY
Churchill Downs's return on sales has decreased by 7% YoY
The ROIC has contracted by 5% YoY
CHDN's return on assets is down by 4.8% year-on-year but it is up by 3.4% since the previous quarter
Dividends
What is CHDN's dividend history
DPS
$0.41
Dividend yield
0.35%
Payout ratio
7.1%
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 18% greater than its total liabilities
The quick ratio is up by 12% year-on-year and by 4.3% since the previous quarter
Churchill Downs's current ratio has increased by 8% YoY and by 3.6% from the previous quarter
The equity has increased by 21% year-on-year
The debt to equity has decreased by 16% YoY but it has increased by 2.7% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.