Churchill Downs Inc. | Mid-cap | Consumer Cyclical
$105.30
0.33%
| Churchill Downs Stock Comparison:
Churchill Downs vs FlutterChurchill Downs vs DraftKingsChurchill Downs vs Light & WonderChurchill Downs vs Super Group (SGHCChurchill Downs vs International GameChurchill Downs vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.7B
Gross Profit 938.5M 34.32%
Operating Income 700.8M 25.63%
Net Income 429.1M 15.69%

Balance Sheet Metrics

Total Assets 7.3B
Total Liabilities 6.2B
Shareholders Equity 1.1B
Debt to Equity 5.59

Cash Flow Metrics

Operating Cash Flow 774.0M
Free Cash Flow 225.7M

Revenue & Profitability Trend

Churchill Downs Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 2.7B 2.5B 1.8B 1.6B 1.1B
Cost of Goods Sold 1.8B 1.7B 1.2B 1.2B 860.5M
Gross Profit 938.5M 795.7M 566.4M 446.1M 193.5M
Operating Expenses 237.7M 202.3M 164.2M 138.5M 114.8M
Operating Income 700.8M 593.4M 402.2M 307.6M 78.7M
Pre-tax Income 573.2M 561.8M 608.8M 343.6M 8.0M
Income Tax 144.1M 144.5M 169.4M 94.5M -5.3M
Net Income 429.1M 417.3M 439.4M 249.1M -82.1M
EPS (Diluted) - $5.49 $5.71 $3.18 -$1.04

Income Statement Trend

Churchill Downs Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 412.3M 400.8M 344.5M 501.5M 235.1M
Non-Current Assets 6.9B 6.6B 5.9B 2.5B 2.5B
Total Assets 7.3B 7.0B 6.2B 3.0B 2.7B
Liabilities
Current Liabilities 729.3M 755.8M 621.6M 395.0M 424.2M
Non-Current Liabilities 5.4B 5.3B 5.0B 2.3B 1.9B
Total Liabilities 6.2B 6.1B 5.7B 2.7B 2.3B
Equity
Total Shareholders Equity 1.1B 893.6M 551.5M 306.8M 367.1M

Balance Sheet Composition

Churchill Downs Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 429.1M 417.3M 439.4M 249.1M 13.3M
Operating Cash Flow 774.0M 685.9M 742.9M 478.0M 212.4M
Investing Activities
Capital Expenditures - 195.7M 279.0M 0 -
Investing Cash Flow 1.8M -41.5M -2.6B -8.6M -5.2M
Financing Activities
Dividends Paid -29.2M -27.1M -26.0M -24.8M -23.4M
Financing Cash Flow -196.6M 129.3M 2.4B -500.0K 88.7M
Free Cash Flow 225.7M -70.7M 80.0M 243.7M -92.3M

Cash Flow Trend

Churchill Downs Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 17.76
Forward P/E 14.04
Price to Book 6.78
Price to Sales 2.59
PEG Ratio 14.04

Profitability Ratios

Profit Margin 15.19%
Operating Margin 21.01%
Return on Equity 44.37%
Return on Assets 6.12%

Financial Health

Current Ratio 0.54
Debt to Equity 454.20
Beta 0.94

Per Share Data

EPS (TTM) $5.62
Book Value per Share $14.72
Revenue per Share $37.70

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
chdn 7.2B 17.76 6.78 44.37% 15.19% 454.20
Flutter 46.6B 90.95 4.74 5.88% 3.65% 63.20
DraftKings 20.6B -39.49 23.57 -46.79% -7.97% 219.83
Light & Wonder 7.0B 22.10 11.33 46.19% 10.48% 637.58
Super Group (SGHC 5.0B 37.96 7.71 21.38% 7.03% 11.53
International Game 3.0B 136.27 1.84 1.87% 13.64% 290.93

Financial data is updated regularly. All figures are in the company's reporting currency.