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churchill downs inc. - CHDN

CHDN

Close Chg Chg %
112.40 -1.17 -1.04%

Closed Market

111.23

-1.17 (1.04%)

Volume: 479.53K

Last Updated:

Mar 28, 2025, 4:00 PM EDT

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Company Overview: churchill downs inc. - CHDN

CHDN Key Data

Open

$112.09

 Day Range

110.09 - 112.09

52 Week Range

105.18 - 150.21

 Market Cap

$8.26B

Shares Outstanding

73.49M

 Public Float

66.16M

Beta

0.92

 Rev. Per Employee

N/A

P/E Ratio

19.97

 EPS

$5.73

Yield

36.06%

 Dividend

$0.41

EX-DIVIDEND DATE

Dec 6, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

606.79K

  

CHDN Performance

1 Week
 
 0.27%
 
1 Month
 
 -5.15%
 
3 Months
 
 -15.24%
 
1 Year
 
 -9.17%
 
5 Years
 
 139.00%
 

CHDN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 9
Full Ratings ➔

About churchill downs inc. - CHDN

Churchill Downs, Inc. is a provider of pari-mutuel horse racing, online account wagering on horse racing and casino gaming. It operates through the following segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing related revenue and expenses at Churchill Downs Racetrack and historical racing properties in Kentucky, Virginia, and New Hampshire. The Wagering Services and Solutions focuses on the revenue and expenses from pari-mutuel wagers through TwinSpires, retail and online sports betting business, United Tote Company, and Exacta Systems, LLC. The Gaming segment is involved in the casino properties and associated racetracks which support the casino license. The company was founded in 1875 and is headquartered in Louisville, KY.

CHDN At a Glance

Churchill Downs, Inc.
600 North Hurstbourne Parkway
Louisville, Kentucky 40222-5389
Phone 1-502-636-4400 Revenue 2.73B
Industry Movies/Entertainment Net Income 423.80M
Sector Consumer Services 2024 Sales Growth 11.074%
Fiscal Year-end 12 / 2025 Employees 8,870
View SEC Filings

CHDN Valuation

P/E Current 19.896
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 23.506
Price to Sales Ratio 3.643
Price to Book Ratio 9.058
Price to Cash Flow Ratio 12.893
Enterprise Value to EBITDA 16.237
Enterprise Value to Sales 5.377
Total Debt to Enterprise Value 0.338

CHDN Efficiency

Revenue/Employee 308,263.811
Income Per Employee 47,779.03
Receivables Turnover 24.155
Total Asset Turnover 0.378

CHDN Liquidity

Current Ratio 0.565
Quick Ratio 0.549
Cash Ratio 0.346

CHDN Profitability

Gross Margin 34.323
Operating Margin 25.63
Pretax Margin 20.963
Net Margin 15.499
Return on Assets 5.861
Return on Equity 42.869
Return on Total Capital 6.997
Return on Invested Capital 7.242

CHDN Capital Structure

Total Debt to Total Equity 458.97
Total Debt to Total Capital 82.11
Total Debt to Total Assets 67.107
Long-Term Debt to Equity 452.344
Long-Term Debt to Total Capital 80.925
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Churchill Downs Inc. - CHDN

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.60B 1.81B 2.46B 2.73B
Sales Growth
+51.54% +13.31% +36.02% +11.07%
Cost of Goods Sold (COGS) incl D&A
1.15B 1.24B 1.67B 1.80B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
108.50M 119.00M 175.20M 204.70M
Depreciation
103.70M 114.30M 168.00M 193.60M
Amortization of Intangibles
4.80M 4.70M 7.20M 11.10M
COGS Growth
+33.77% +8.02% +33.99% +7.79%
Gross Income
446.10M 566.40M 795.70M 938.50M
Gross Income Growth
+130.54% +26.97% +40.48% +17.95%
Gross Profit Margin
+27.93% +31.30% +32.32% +34.32%
2021 2022 2023 2024 5-year trend
SG&A Expense
138.50M 164.20M 202.30M 237.70M
Research & Development
- - - -
-
Other SG&A
138.50M 164.20M 202.30M 237.70M
SGA Growth
+20.64% +18.56% +23.20% +17.50%
Other Operating Expense
- - - -
-
Unusual Expense
23.20M 80.40M 30.70M (6.90M)
EBIT after Unusual Expense
284.40M 321.80M 562.70M 707.70M
Non Operating Income/Expense
143.90M 434.30M 267.50M 155.30M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
143.20M 152.70M 146.30M 144.90M
Interest Expense
84.70M 147.30M 268.40M 289.80M
Interest Expense Growth
+5.88% +73.91% +82.21% +7.97%
Gross Interest Expense
84.70M 147.30M 268.40M 289.80M
Interest Capitalized
- - - -
-
Pretax Income
343.60M 608.80M 561.80M 573.20M
Pretax Income Growth
+4,195.00% +77.18% -7.72% +2.03%
Pretax Margin
+21.51% +33.64% +22.82% +20.96%
Income Tax
94.50M 169.40M 144.50M 144.10M
Income Tax - Current - Domestic
84.60M 60.70M 97.20M 99.60M
Income Tax - Current - Foreign
- - 100.00K (100.00K)
-
Income Tax - Deferred - Domestic
9.80M 108.70M 47.40M 44.50M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
143.20M 152.70M 146.30M 144.90M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
249.10M 439.40M 417.30M 429.10M
Minority Interest Expense
- - - 5.30M
-
Net Income
249.10M 439.40M 417.30M 423.80M
Net Income Growth
+1,745.19% +76.40% -5.03% +1.56%
Net Margin Growth
+15.60% +24.28% +16.95% +15.50%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
249.10M 439.40M 417.30M 423.80M
Preferred Dividends
- - - -
-
Net Income Available to Common
249.10M 439.40M 417.30M 423.80M
EPS (Basic)
3.2267 5.7968 5.5492 5.727
EPS (Basic) Growth
+412.03% +79.65% -4.27% +3.20%
Basic Shares Outstanding
77.20M 75.80M 75.20M 74.00M
EPS (Diluted)
3.1773 5.7065 5.4836 5.681
EPS (Diluted) Growth
+407.25% +79.60% -3.91% +3.60%
Diluted Shares Outstanding
78.40M 77.00M 76.10M 74.60M
EBITDA
416.10M 521.20M 768.60M 905.50M
EBITDA Growth
+135.62% +25.26% +47.47% +17.81%
EBITDA Margin
+26.05% +28.80% +31.22% +33.12%

Snapshot

Average Recommendation BUY Average Target Price 159.50
Number of Ratings 9 Current Quarters Estimate 1.11
FY Report Date 03 / 2025 Current Year's Estimate 6.561
Last Quarter’s Earnings 0.92 Median PE on CY Estimate N/A
Year Ago Earnings 5.91 Next Fiscal Year Estimate 7.283
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 7 7 7
Mean Estimate 1.11 3.16 6.56 7.28
High Estimates 1.24 3.42 6.95 7.89
Low Estimate 0.91 2.97 5.79 6.17
Coefficient of Variance 12.11 4.38 6.61 7.56

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 9 9
OVERWEIGHT 1 1 2
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Churchill Downs Inc. - CHDN

Date Name Shares Transaction Value
Feb 13, 2025 Maureen Adams EVP, Gaming Operations 14,069 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 13, 2025 Maureen Adams EVP, Gaming Operations 13,421 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $122.43 per share 1,643,133.03
Feb 13, 2025 Maureen Adams EVP, Gaming Operations 4,450 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 13, 2025 Bradley K. Blackwell EVP, General Counsel 25,622 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 13, 2025 Bradley K. Blackwell EVP, General Counsel 24,877 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $122.43 per share 3,045,691.11
Feb 13, 2025 Bradley K. Blackwell EVP, General Counsel 11,347 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Ulysses Lee Bridgeman Director 51,432 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Douglas C. Grissom Director 25,988 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 2, 2024 Paul C. Varga Director 28,902 Open market or private purchase of non-derivative security Non-derivative transaction at $130.22 per share 3,763,618.44
Apr 26, 2024 Daniel P. Harrington Director 120,651 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 26, 2024 Daniel P. Harrington Director 1,145,352 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 26, 2024 Robert L. Fealy Director 119,942 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 26, 2024 Karole F. Lloyd Director 35,622 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 26, 2024 R. Alex Rankin Director 94,531 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 26, 2024 Andréa Carter Director 3,344 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Churchill Downs Inc. in the News

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