AAPL 258.8189 0.2397% MSFT 439.14 -0.0432% NVDA 140.185 -0.025% GOOGL 196.0128 -0.0496% GOOG 197.54 -0.0152% AMZN 227.87 -0.5152% META 603.74 -0.6598% AVGO 245.6915 2.5081% TSLA 452.9125 -2.0264% TSM 204.19 -1.0372% LLY 797.2122 0.1938% V 320.96 0.0967% JPM 242.37 0.0248% UNH 509.62 0.6955% NVO 87.85 0.5494% WMT 92.38 -0.3237% LVMUY 132.91 0.4459% XOM 106.31 -0.0846% LVMHF 664.0 0.9119% MA 536.2159 0.0944%
Last update at 2024-12-26T18:51:00Z
Churchill Downs (CHDN) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
Mon 21 Oct 24, 01:16 PMBet On It: Diamond Sports and FanDuel reach naming rights agreement
Sat 19 Oct 24, 08:05 PMHere's Why Investors Should Retain Churchill Downs Stock Now
Mon 07 Oct 24, 11:23 AMGaming Solutions Stocks Q2 Highlights: Churchill Downs (NASDAQ:CHDN)
Thu 03 Oct 24, 09:21 AMGaming Solutions Stocks Q2 Earnings: Rush Street Interactive (NYSE:RSI) Firing on All Cylinders
Wed 18 Sep 24, 10:52 AMIs Churchill Downs Incorporated (NASDAQ:CHDN) the Best Las Vegas Stock To Buy Now?
Mon 16 Sep 24, 05:15 PMChurchill Downs Incorporated (CHDN): The Best Casino Stock To Buy According to Analysts?
Sat 07 Sep 24, 05:12 AMReturns At Churchill Downs (NASDAQ:CHDN) Appear To Be Weighed Down
Fri 06 Sep 24, 03:42 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 608.80M | 343.60M | 8.00M | 196.40M | 233.90M |
| Minority interest | 0.00000M | 0.00000M | -0.20000M | -0.30000M | 2.70M |
| Net income | 439.40M | 249.10M | 13.30M | 137.50M | 352.80M |
| Selling general administrative | 164.20M | 138.50M | 114.80M | 122.00M | 90.50M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 566.40M | 446.10M | 193.50M | 343.00M | 289.60M |
| Reconciled depreciation | 119.00M | 108.50M | 97.90M | 101.00M | 64.00M |
| Ebit | 561.90M | 451.50M | 106.50M | 215.70M | 229.40M |
| Ebitda | 680.90M | 560.00M | 204.40M | 373.60M | 293.40M |
| Depreciation and amortization | 119.00M | 108.50M | 97.90M | 157.90M | 64.00M |
| Non operating income net other | 434.30M | 143.90M | 27.80M | 51.60M | 85.20M |
| Operating income | 561.90M | 451.50M | 106.50M | 215.70M | 188.80M |
| Other operating expenses | 1407.60M | 1289.60M | 975.30M | 1108.70M | 809.90M |
| Interest expense | 147.30M | 84.70M | 80.00M | 70.90M | 40.10M |
| Tax provision | 169.40M | 94.50M | -5.30000M | 56.80M | 51.30M |
| Interest income | - | - | - | 20.30M | 10.50M |
| Net interest income | -147.30000M | -84.70000M | -80.00000M | -70.90000M | -40.10000M |
| Extraordinary items | - | - | - | -10.70000M | 170.20M |
| Non recurring | 38.30M | 15.30M | 17.50M | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 169.40M | 94.50M | -5.30000M | 56.80M | 51.30M |
| Total revenue | 1809.80M | 1597.20M | 1054.00M | 1329.70M | 1009.00M |
| Total operating expenses | 164.20M | 138.50M | 114.80M | 122.00M | 90.50M |
| Cost of revenue | 1243.40M | 1151.10M | 860.50M | 986.70M | 719.40M |
| Total other income expense net | 46.90M | -107.90000M | -98.50000M | -19.30000M | 74.90M |
| Discontinued operations | - | - | -95.40000M | -2.40000M | 170.20M |
| Net income from continuing ops | 439.40M | 249.10M | 13.30M | 139.60M | 182.40M |
| Net income applicable to common shares | 439.40M | 249.10M | -81.90000M | 137.50M | 352.80M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 6955.50M | 6206.80M | 2981.60M | 2686.40M | 2551.00M |
| Intangible assets | 2418.40M | 2391.80M | 348.10M | 350.60M | 369.80M |
| Earning assets | - | - | - | - | - |
| Other current assets | 59.50M | 44.30M | 37.60M | 28.20M | 26.90M |
| Total liab | 6061.90M | 5655.30M | 2674.80M | 2319.30M | 2040.00M |
| Total stockholder equity | 893.60M | 551.50M | 306.80M | 367.10M | 508.30M |
| Deferred long term liab | - | 340.80M | 252.90M | 213.90M | 212.80M |
| Other current liab | 456.10M | 390.10M | 258.70M | 316.70M | 196.90M |
| Common stock | - | - | - | 18.20M | - |
| Capital stock | 0.00000M | 0.00000M | 0.00000M | 18.20M | 0.00000M |
| Retained earnings | 894.50M | 552.40M | 307.70M | 349.80M | 509.20M |
| Other liab | - | 433.80M | 286.50M | 276.80M | 247.70M |
| Good will | 899.90M | 723.80M | 366.80M | 366.80M | 367.10M |
| Other assets | - | 109.00M | 106.70M | 653.00M | 21.10M |
| Cash | 144.50M | 129.80M | 291.30M | 67.40M | 96.20M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 755.80M | 621.60M | 395.00M | 424.20M | 301.20M |
| Current deferred revenue | 73.20M | 39.00M | 47.70M | 32.80M | 42.50M |
| Net debt | 4691.80M | 4475.90M | 1676.70M | 1554.90M | 1377.70M |
| Short term debt | 68.00M | 47.00M | 7.00M | 4.00M | 4.00M |
| Short long term debt | 68.00M | 47.00M | 7.00M | 4.00M | 4.00M |
| Short long term debt total | 4836.30M | 4605.70M | 1968.00M | 1622.30M | 1473.90M |
| Other stockholder equity | - | -0.90000M | -0.90000M | -0.90000M | 2.80M |
| Property plant equipment | - | 1978.30M | 994.90M | 1082.10M | 912.50M |
| Total current assets | 400.80M | 344.50M | 501.50M | 235.10M | 221.20M |
| Long term investments | 655.90M | 659.40M | 663.60M | 630.60M | 634.50M |
| Net tangible assets | - | -2564.10000M | -408.10000M | -350.30000M | -228.60000M |
| Short term investments | - | - | - | 630.00M | - |
| Net receivables | 119.50M | 95.50M | 108.30M | 85.90M | 51.80M |
| Long term debt | 4768.30M | 2477.10M | 1292.40M | 1087.80M | 1085.90M |
| Inventory | 77.30M | 74.90M | 64.30M | 53.60M | 46.30M |
| Accounts payable | 158.50M | 145.50M | 81.60M | 70.70M | 57.80M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | 2.70M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -0.90000M | -0.90000M | -0.90000M | -0.90000M | -0.90000M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | 18.20M | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | 552.40M | 307.70M | 349.80M | 509.20M |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | -75.60000M | 109.00M | 106.70M | 21.20M | 21.10M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 6554.70M | 5862.30M | 2480.10M | 2451.30M | 2329.80M |
| Capital lease obligations | - | - | - | - | - |
| Long term debt total | - | 2477.10M | 1292.40M | 1087.80M | 1085.90M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -3103.70000M | -100.40000M | -239.40000M | -410.10000M | 824.10M |
| Change to liabilities | 15.50M | 23.60M | 81.40M | -6.80000M | 3.50M |
| Total cashflows from investing activities | -3103.70000M | -100.40000M | -239.40000M | -781.20000M | 824.10M |
| Net borrowings | 2643.00M | 332.50M | 144.40M | 587.10M | -301.50000M |
| Total cash from financing activities | 2416.00M | -0.50000M | 76.00M | 460.80M | -933.30000M |
| Change to operating activities | 21.10M | 53.90M | 118.90M | 12.60M | 5.70M |
| Net income | 439.40M | 249.10M | -82.10000M | 137.20M | 352.80M |
| Change in cash | -150.90000M | 234.60M | -21.50000M | -30.80000M | 87.80M |
| Begin period cash flow | 355.60M | 121.00M | 142.50M | 173.30M | 85.50M |
| End period cash flow | 204.70M | 355.60M | 121.00M | 142.50M | 173.30M |
| Total cash from operating activities | 536.80M | 335.50M | 141.90M | 289.60M | 197.80M |
| Issuance of capital stock | - | - | - | - | 1.50M |
| Depreciation | 119.00M | 108.50M | 97.90M | 101.00M | 64.00M |
| Other cashflows from investing activities | -2680.20000M | -8.60000M | -5.20000M | -239.90000M | 973.50M |
| Dividends paid | -26.00000M | -24.80000M | -23.40000M | -22.20000M | 23.70M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | - | - | - | - | - |
| Sale purchase of stock | -174.90000M | -297.50000M | -28.40000M | -95.00000M | -547.00000M |
| Other cashflows from financing activities | 2822.30M | -17.60000M | -18.60000M | -18.00000M | 71.60M |
| Change to netincome | -58.20000M | -99.60000M | 49.80M | 45.60M | -168.90000M |
| Capital expenditures | 456.80M | 91.80M | 234.20M | 163.30M | 149.40M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | 465.80M | 308.30M | -0.10000M | 17.20M | -53.20000M |
| Exchange rate changes | - | - | - | - | -0.80000M |
| Cash and cash equivalents changes | -176.90000M | 358.60M | -21.50000M | -30.80000M | 87.80M |
| Change in working capital | 36.60M | 77.50M | 76.30M | 5.80M | 9.20M |
| Stock based compensation | 31.80M | 27.80M | 23.70M | 23.80M | 21.10M |
| Other non cash items | -198.70000M | -137.20000M | 25.00M | -9.70000M | -285.80000M |
| Free cash flow | 80.00M | 243.70M | -92.30000M | 126.30M | 48.40M |
Sector: Consumer Cyclical Industry: Gambling
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CHDN Churchill Downs Incorporated |
0.33 0.25% | 132.31 | 29.42 | - | 3.61 | 9.96 | 5.52 | 13.52 |
| ARLUF Aristocrat Leisure Limited |
- -% | 44.70 | 35.37 | 28.82 | 4.42 | 7.20 | 6.67 | 17.72 |
| EVVTY Evolution Gaming Group AB ADR |
0.45 0.60% | 76.00 | 23.47 | 19.38 | 14.62 | 6.10 | 13.73 | 19.59 |
| EVGGF Evolution AB (publ) |
1.21 1.63% | 75.25 | 22.62 | 19.01 | 14.29 | 5.99 | 13.73 | 19.73 |
| DKNG DraftKings Inc |
-0.3 0.78% | 38.27 | - | - | 5.74 | 25.03 | 5.76 | -35.9838 |
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. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; casino gaming; and Terre Haute Casino Resort. 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.
600 North Hurstbourne Parkway, Louisville, KY, United States, 40222
| Name | Title | Year Born |
|---|---|---|
| Mr. William C. Carstanjen | CEO & Director | 1968 |
| Mr. William E. Mudd | Pres & COO | 1971 |
| Ms. Marcia Ann Dall CPA | Exec. VP & CFO | 1964 |
| Mr. Chad E. Dobson | Chief Accounting Officer & VP | NA |
| Mr. Nate Simon | Sr. VP & CTO | NA |
| Mr. Nick Zangari | VP of Treasury, Investor Relations & Risk Management | NA |
| Mr. Bradley K. Blackwell | Sr. VP, Gen. Counsel & Sec. | NA |
| Mr. Jason Sauer | Sr. VP of Corp. Devel. | NA |
| Ms. Katherine Armstrong | Sr. VP of HR | NA |
| Mr. Michael W. Anderson | Sr. VP & Pres of Churchill Downs Racetrack | 1971 |
Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
US 
AU
UK
CA
NZ
Please wait processing your request...