Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
97.43
+0.86 (0.89%)
Nov 7, 2025, 4:00 PM EST - Market closed

Churchill Downs Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202015 - 2019
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Operating Revenue
2,8842,7342,4621,8101,5971,054
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2,8842,7342,4621,8101,5971,054
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Revenue Growth (YoY)
7.97%11.07%36.02%13.31%51.54%-20.73%
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Cost of Revenue
1,9191,7961,6661,2431,151860.5
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Gross Profit
965.6938.5795.7566.4446.1193.5
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Selling, General & Admin
240.4237.7202.3164.2138.5114.8
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Operating Expenses
240.4237.7202.3164.2138.5114.8
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Operating Income
725.2700.8593.4402.2307.678.7
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Interest Expense
-294.9-289.8-268.4-147.3-84.7-80
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Earnings From Equity Investments
141.4144.9146.3152.7143.227.7
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Other Non Operating Income (Expenses)
6.59.17.270.70.1
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EBT Excluding Unusual Items
578.2565478.5414.6366.826.5
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Gain (Loss) on Sale of Assets
--114274.6--
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Asset Writedown
-87.5-3.9-24.6-38.3-15.3-17.5
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Other Unusual Items
49.412.1-6.1-42.1-7.9-1
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Pretax Income
540.1573.2561.8608.8343.68
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Income Tax Expense
133.8144.1144.5169.494.5-5.3
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Earnings From Continuing Operations
406.3429.1417.3439.4249.113.3
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Earnings From Discontinued Operations
------95.4
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Net Income to Company
406.3429.1417.3439.4249.1-82.1
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Minority Interest in Earnings
-2.9-2.3---0.2
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Net Income
403.4426.8417.3439.4249.1-81.9
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Net Income to Common
403.4426.8417.3439.4249.1-81.9
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Net Income Growth
-2.25%2.28%-5.03%76.39%--
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Shares Outstanding (Basic)
727475767779
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Shares Outstanding (Diluted)
737576777880
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Shares Change (YoY)
-2.01%-1.97%-1.17%-1.79%-2.24%-1.23%
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EPS (Basic)
5.575.775.555.793.23-1.03
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EPS (Diluted)
5.535.725.495.713.18-1.02
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EPS Growth
0.29%4.21%-3.85%79.56%--
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Free Cash Flow
450.4225.7-70.7113.3243.7-92.3
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Free Cash Flow Per Share
6.173.02-0.931.473.11-1.15
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Dividend Per Share
0.4090.4090.3820.3570.3340.311
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Dividend Growth
7.07%7.07%7.00%6.89%7.40%7.06%
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Gross Margin
33.48%34.32%32.32%31.30%27.93%18.36%
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Operating Margin
25.14%25.63%24.10%22.22%19.26%7.47%
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Profit Margin
13.99%15.61%16.95%24.28%15.60%-7.77%
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Free Cash Flow Margin
15.62%8.25%-2.87%6.26%15.26%-8.76%
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EBITDA
939.1886.9751.2505.2400.5162.2
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EBITDA Margin
32.56%32.44%30.51%27.91%25.07%15.39%
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D&A For EBITDA
213.9186.1157.810392.983.5
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EBIT
725.2700.8593.4402.2307.678.7
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EBIT Margin
25.14%25.63%24.10%22.22%19.26%7.47%
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Effective Tax Rate
24.77%25.14%25.72%27.82%27.50%-
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Revenue as Reported
2,8842,7342,4621,8101,5971,054
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Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q