Churchill Downs Incorporated(CHDN) Stock Research - Grey Stern Research
Loading...

Churchill Downs Incorporated (CHDN) Stock Analysis

$148.96 (8.60%)

CHDN Financial Performance


Use the table below to view Churchill Downs Incorporated's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $137.26 -
52 Week Low $111.10 -
52 Week High $146.64 -
Market Cap $10.1 Billion 1/8
Gross Margin 30% 6/8
Profit Margin 10% 1/8
EBITDA margin 20% 6/8
Q3 - 2024 Revenue $628.5 Million 3/8
Q3 - 2024 Earnings $65.4 Million 2/8
Q3 - 2024 Free Cash Flow $461.4 Million 1/8
Trailing 4 Quarters Revenue $2.7 Billion 3/8
Trailing 4 Quarters Earnings $411.9 Million 1/8
Quarterly Earnings Growth 7% 2/8
Annual Earnings Growth -16% 5/8
Quarterly Revenue Growth 10% 2/8
Annual Revenue Growth -7% 7/8
Cash On Hand $152.7 Million 5/8
Short Term Debt $63.1 Million 2/8
Long Term Debt $4.8 Billion 2/8

Churchill Downs Incorporated Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Churchill Downs Incorporated's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 24.49 4/8
PS 3.78 2/8
PB 9.05 2/8
PC 66.07 1/8
Liabilities to Equity 5.52 4/8
ROA 0.06 2/8
ROE 0.38 2/8
Current Ratio 1.18 4/8
Quick Ratio 0.03 8/8
Long Term Debt to Equity 4.35 3/8
Debt to Equity 4.41 3/8
Burn Rate 1.08 8/8
Cash to Cap 0.02 8/8
CCR 7.06 2/8
EV to EBITDA 117.31 2/8
EV to Revenue 5.53 2/8

Company Details

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

CEO: Mr. William Carstanjen

Website: https://www.churchilldownsincorporated.com

Address: 600 N Hurstbourne Pkwy Ste 400 Louisville, KENTUCKY

Exchange: NASDAQ Global Select

Industry: Gambling

Churchill Downs Incorporated Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Churchill Downs Incorporated. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
International Game Technology PLC IGT $4.1 Billion
Everi Holdings Inc. EVRI $1.1 Billion
PlayAGS, Inc. AGS $469.2 Million
Inspired Entertainment, Inc. INSE $258.3 Million
Accel Entertainment, Inc. ACEL $912.4 Million
NeoGames S.A. NGMS $998.2 Million
Light & Wonder, Inc. LNW $8.5 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
CHDN Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 628.5 Million $65.4 Million
Q2 2024 $ 890.7 Million $208.5 Million
Q1 2024 $ 590.9 Million $80.4 Million
Q4 2023 $ 561.2 Million $57.6 Million
Q3 2023 $ 572.5 Million $61.0 Million
Q2 2023 $ 768.5 Million $143.0 Million
Q1 2023 $ 559.5 Million $155.7 Million
Q3 2022 $ 383.1 Million $57.0 Million

View All

CHDN Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $152.7 Million $7.2 Billion $4.8 Billion $1.1 Billion
Q2 2024 $230.9 Million $7.2 Billion $4.9 Billion $1.0 Billion
Q1 2024 $222.0 Million $7.1 Billion $4.9 Billion $826.9 Million
Q4 2023 $144.5 Million $7.0 Billion $4.8 Billion $893.6 Million
Q3 2023 $129.9 Million $6.8 Billion $4.7 Billion $888.7 Million
Q2 2023 $374.0 Million $6.6 Billion $4.6 Billion $853.8 Million
Q1 2023 $173.9 Million $6.3 Billion $4.4 Billion $704.2 Million
Q3 2022 $110.6 Million $4.7 Billion $3.2 Billion $612.7 Million

View All

CHDN Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $461.4 Million $292.0 Million $500,000
Q2 2024 $80.0 Million -$137.0 Million $8.9 Million
Q1 2024 $99.7 Million -$155.0 Million $200,000
Q4 2023 -$71.9 Million -$178.4 Million $28.6 Million
Q3 2023 -$89.5 Million -$185.7 Million -$247.9 Million
Q2 2023 $9.5 Million -$177.7 Million $203.7 Million
Q1 2023 $81.2 Million -$134.7 Million $32.7 Million
Q4 2022 -$47.5 Million -$159.8 Million -$1.5 Billion

View All