Churchill Downs Statistics

Total Valuation

Churchill Downs has a market cap or net worth of EUR 6.47 billion. The enterprise value is 10.56 billion.

Market Cap	6.47B
Enterprise Value	10.56B

Important Dates

The next estimated earnings date is Wednesday, July 23, 2025.

Earnings Date	Jul 23, 2025
Ex-Dividend Date	Dec 6, 2024

Share Statistics

Current Share Class	72.23M
Shares Outstanding	n/a
Shares Change (YoY)	-1.62%
Shares Change (QoQ)	-0.27%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	65.22M

Valuation Ratios

The trailing PE ratio is 16.57 and the forward PE ratio is 16.81.

PE Ratio	16.57
Forward PE	16.81
PS Ratio	2.51
PB Ratio	6.39
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.49, with an EV/FCF ratio of 39.03.

EV / Earnings	27.05
EV / Sales	4.46
EV / EBITDA	11.49
EV / EBIT	14.68
EV / FCF	39.03

Financial Position

The company has a current ratio of 0.53, with a Debt / Equity ratio of 4.54.

Current Ratio	0.53
Quick Ratio	0.33
Debt / Equity	4.54
Debt / EBITDA	5.28
Debt / FCF	16.98
Interest Coverage	2.42

Financial Efficiency

Return on equity (ROE) is 44.36% and return on invested capital (ROIC) is 7.46%.

Return on Equity (ROE)	44.36%
Return on Assets (ROA)	6.12%
Return on Invested Capital (ROIC)	7.46%
Return on Capital Employed (ROCE)	10.85%
Revenue Per Employee	335,845
Profits Per Employee	50,859
Employee Count	8,870
Asset Turnover	0.39
Inventory Turnover	n/a

Taxes

In the past 12 months, Churchill Downs has paid 130.82 million in taxes.

Income Tax	130.82M
Effective Tax Rate	24.93%

Stock Price Statistics

The stock price has decreased by -33.59% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-33.59%
50-Day Moving Average	96.67
200-Day Moving Average	88.44
Relative Strength Index (RSI)	40.87
Average Volume (20 Days)	66

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	2.47

Income Statement

In the last 12 months, Churchill Downs had revenue of EUR 2.58 billion and earned 390.34 million in profits. Earnings per share was 5.24.

Revenue	2.58B
Gross Profit	872.28M
Operating Income	652.64M
Pretax Income	524.87M
Net Income	390.34M
EBITDA	836.20M
EBIT	652.64M
Earnings Per Share (EPS)	5.24

Full Income Statement

Balance Sheet

The company has 161.17 million in cash and 4.59 billion in debt, giving a net cash position of -4.43 billion.

Cash & Cash Equivalents	161.17M
Total Debt	4.59B
Net Cash	-4.43B
Net Cash Per Share	n/a
Equity (Book Value)	1.01B
Book Value Per Share	13.62
Working Capital	-364.25M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 707.32 million and capital expenditures -436.79 million, giving a free cash flow of 270.53 million.

Operating Cash Flow	707.32M
Capital Expenditures	-436.79M
Free Cash Flow	270.53M
FCF Per Share	n/a

Full Cash Flow Statement

Margins

Gross margin is 33.84%, with operating and profit margins of 25.32% and 15.19%.

Gross Margin	33.84%
Operating Margin	25.32%
Pretax Margin	20.36%
Profit Margin	15.19%
EBITDA Margin	32.44%
EBIT Margin	25.32%
FCF Margin	10.50%

Dividends & Yields

This stock pays an annual dividend of 0.39, which amounts to a dividend yield of 0.46%.

Dividend Per Share	0.39
Dividend Yield	0.46%
Dividend Growth (YoY)	11.09%
Years of Dividend Growth	4
Payout Ratio	7.26%
Buyback Yield	1.62%
Shareholder Yield	2.07%
Earnings Yield	6.04%
FCF Yield	4.18%

Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 22, 2023. It was a forward split with a ratio of 2.

Last Split Date	May 22, 2023
Split Type	Forward
Split Ratio	2

Scores

Churchill Downs has an Altman Z-Score of 1.77 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.77
Piotroski F-Score	8