Churchill Downs (CHDN)
NASDAQ:CHDN
Total Valuation
Churchill Downs has a market cap or net worth of $6.10B. The enterprise value is $11.01B.
Market Cap$6.10B
Enterprise Value$11.01B
Share Statistics
Churchill Downs has 69,696,370 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding69,696,370
Owned by Insiders5.87%
Owned by Institutions27.54%
Financial Efficiency
Churchill Downs’s return on equity (ROE) is 0.38 and return on invested capital (ROIC) is 7.82%.
Return on Equity (ROE)0.38
Return on Assets (ROA)0.05
Return on Invested Capital (ROIC)7.82%
Return on Capital Employed (ROCE)0.11
Revenue Per Employee451.53K
Profits Per Employee59.49K
Employee Count6,480
Asset Turnover0.39
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Churchill Downs is 21.2. Churchill Downs’s PEG ratio is -3.29.
PE Ratio21.2
PS Ratio2.76
PB Ratio7.98
Price to Fair Value7.98
Price to FCF16.29
Price to Operating Cash Flow8.12
PEG Ratio-3.29
Income Statement
In the last 12 months, Churchill Downs had revenue of 2.93B and earned 379.70M in profits. Earnings per share was 5.36.
Revenue2.93B
Gross Profit982.60M
Operating Income736.40M
Pretax Income532.40M
Net Income379.70M
EBITDA1.07B
Earnings Per Share (EPS)5.36
Cash Flow
In the last 12 months, operating cash flow was 769.80M and capital expenditures -164.80M, giving a free cash flow of 605.00M billion.
Operating Cash Flow769.80M
Free Cash Flow605.00M
Free Cash Flow per Share8.68
Dividends & Yields
Churchill Downs pays an annual dividend of $0.438, resulting in a dividend yield of 0.38%
Dividend Per Share$0.438
Dividend Yield0.38%
Payout Ratio7.09%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.71
52-Week Price Change-21.79%
50-Day Moving Average93.08
200-Day Moving Average100.50
Relative Strength Index (RSI)46.91
Average Volume (3m)1.07M
Important Dates
Churchill Downs upcoming earnings date is Apr 22, 2026, After Close (Confirmed).
Last Earnings DateFeb 25, 2026
Next Earnings DateApr 22, 2026
Ex-Dividend Date―
Financial Position
Churchill Downs as a current ratio of 0.60, with Debt / Equity ratio of 514.71%
Current Ratio0.60
Quick Ratio0.60
Debt to Market Cap0.64
Net Debt to EBITDA4.59
Interest Coverage Ratio2.47
Taxes
In the past 12 months, Churchill Downs has paid 146.90M in taxes.
Income Tax146.90M
Effective Tax Rate0.28
Enterprise Valuation
Churchill Downs EV to EBITDA ratio is 12.13, with an EV/FCF ratio of 26.21.
EV to Sales4.43
EV to EBITDA12.13
EV to Free Cash Flow26.21
EV to Operating Cash Flow16.85
Balance Sheet
Churchill Downs has $288.50M in cash and marketable securities with $5.20B in debt, giving a net cash position of -$4.91B billion.
Cash & Marketable Securities$288.50M
Total Debt$5.20B
Net Cash-$4.91B
Net Cash Per Share-$70.43
Tangible Book Value Per Share-$33.31
Margins
Gross margin is 33.58%, with operating margin of 25.17%, and net profit margin of 12.98%.
Gross Margin33.58%
Operating Margin25.17%
Pretax Margin18.20%
Net Profit Margin12.98%
EBITDA Margin36.56%
EBIT Margin28.37%
Analyst Forecast
The average price target for Churchill Downs is $134.50, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$134.50
Price Target Upside53.59% Upside
Analyst ConsensusStrong Buy
Analyst Count7
Revenue Growth Forecast7.97%
EPS Growth Forecast-0.14%