Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
86.94
-0.13 (-0.15%)
Jun 12, 2026, 4:00 PM EDT - Market closed
Churchill Downs Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,946 | 2,926 | 2,734 | 2,462 | 1,810 | 1,597 | |
Revenue Growth (YoY) | 5.74% | 7.01% | 11.07% | 36.02% | 13.31% | 51.54% |
Cost of Revenue | 1,950 | 1,943 | 1,796 | 1,666 | 1,243 | 1,151 |
Gross Profit | 996.1 | 982.6 | 938.5 | 795.7 | 566.4 | 446.1 |
Selling, General & Admin | 250.7 | 246.2 | 237.7 | 202.3 | 164.2 | 138.5 |
Other Operating Expenses | 53.2 | 52.6 | -8.2 | 29.4 | 80.4 | 23.2 |
Total Operating Expenses | 303.9 | 298.8 | 229.5 | 231.7 | 244.6 | 161.7 |
Operating Income | 692.2 | 683.8 | 709 | 564 | 321.8 | 284.4 |
Interest Expense | -297.4 | -297.7 | -289.8 | -268.4 | -147.3 | -84.7 |
Other Non-Operating Income (Expense) | 154.7 | 146.3 | 154 | 266.2 | 434.3 | 143.9 |
Total Non-Operating Income (Expense) | -142.7 | -151.4 | -135.8 | -2.2 | 287 | 59.2 |
Pretax Income | 549.5 | 532.4 | 573.2 | 561.8 | 608.8 | 343.6 |
Provision for Income Taxes | 158.2 | 146.9 | 144.1 | 144.5 | 169.4 | 94.5 |
Net Income | 391.3 | 385.5 | 429.1 | 417.3 | 439.4 | 249.1 |
Minority Interest in Earnings | 2 | 2.5 | 2.3 | - | - | - |
Net Income to Common | 134.5 | 385.5 | 429.1 | 417.3 | 439.4 | 249.1 |
Net Income Growth | -9.91% | -10.16% | 2.83% | -5.03% | 76.39% | - |
Shares Outstanding (Basic) | 71 | 71 | 74 | 75 | 76 | 77 |
Shares Outstanding (Diluted) | 71 | 72 | 75 | 76 | 77 | 78 |
Shares Change (YoY) | -4.77% | -3.75% | -1.97% | -1.17% | -1.79% | -2.24% |
EPS (Basic) | 5.43 | 5.32 | 5.73 | 5.55 | 5.79 | 3.22 |
EPS (Diluted) | 5.40 | 5.29 | 5.68 | 5.49 | 5.71 | 3.18 |
EPS Growth | -3.91% | -6.87% | 3.46% | -3.85% | 79.56% | 1827.27% |
Free Cash Flow | 563.5 | 494.9 | 224.7 | -71.2 | 87.3 | 367.7 |
Free Cash Flow Growth | 13.86% | 120.25% | - | - | -76.26% | - |
Free Cash Flow Per Share | 7.95 | 6.89 | 3.01 | -0.94 | 1.13 | 4.69 |
Dividends Per Share | 0.438 | 0.438 | 0.409 | 0.382 | 0.357 | 0.334 |
Dividend Growth | - | 7.09% | 7.07% | 7.00% | 6.89% | 7.40% |
Gross Margin | 33.81% | 33.58% | 34.32% | 32.32% | 31.30% | 27.93% |
Operating Margin | 23.49% | 23.37% | 25.93% | 22.91% | 17.78% | 17.81% |
Profit Margin | 13.28% | 13.18% | 15.69% | 16.95% | 24.28% | 15.60% |
FCF Margin | 19.13% | 16.91% | 8.22% | -2.89% | 4.82% | 23.02% |
EBITDA | 929.1 | 923.3 | 913.7 | 739.2 | 440.8 | 392.9 |
EBITDA Margin | 31.53% | 31.56% | 33.42% | 30.03% | 24.36% | 24.60% |
EBIT | 692.2 | 683.8 | 709 | 564 | 321.8 | 284.4 |
EBIT Margin | 23.49% | 23.37% | 25.93% | 22.91% | 17.78% | 17.81% |
Effective Tax Rate | 28.79% | 27.59% | 25.14% | 25.72% | 27.83% | 27.50% |