Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
98.18
+0.18 (0.18%)
Nov 5, 2026, 4:00 PM EST - Market closed
Churchill Downs Financials Overview
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 | Sep '26 Sep 30, 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 |
Revenue Revenue Growth | 3,005 | 2,926 | 2,734 | 2,462 | 1,810 | 1,597 |
Revenue Growth | 4.18% | 7.01% | 11.07% | 36.02% | 13.31% | 51.54% |
Gross Profit Gross Profit Growth | 1,026 | 982.6 | 938.5 | 795.7 | 566.4 | 446.1 |
Operating Income Operating Income Growth | 774.4 | 736.4 | 700.8 | 593.4 | 402.2 | 307.6 |
Net Income Net Income Growth | 456 | 383 | 426.8 | 417.3 | 439.4 | 249.1 |
Earnings Per Share EPS Growth | 6.47 | 5.33 | 5.72 | 5.49 | 5.71 | 3.18 |
EPS Growth | 16.86% | -6.76% | 4.21% | -3.85% | 79.56% | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Pari-Mutuel Live and Simulcast Racing Pari-Mutuel Live and Simulcast Racing Growth | 498.2 | 491.5 | 469.9 | 468.2 | 462.3 | 502.6 |
Pari-Mutuel Historical Racing Pari-Mutuel Historical Racing Growth | 1,042 | 1,017 | 891.9 | 767.7 | 383.9 | 253 |
Racing Event-Related Services Racing Event-Related Services Growth | 204.2 | 185 | 194.6 | 152.3 | 131.6 | 76.7 |
Gaming Services Gaming Services Growth | 935.6 | 917.7 | 885.9 | 832.2 | 679.1 | 656.8 |
Other Services Other Services Growth | 325 | 314.5 | 291.9 | 241.3 | 152.9 | 108.1 |
Revenue (Total) Revenue (Total) Growth | 3,005 | 2,926 | 2,734 | 2,462 | 1,810 | 1,597 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Cash & Investments Cash & Investments Growth | 167 | 200.6 | 175.5 | 144.5 | 129.8 | 291.3 |
Total Debt Total Debt Growth | 4,805 | 5,197 | 4,916 | 4,844 | 4,606 | 1,968 |
Net Cash (Debt) Net Cash Growth | -4,638 | -4,996 | -4,740 | -4,700 | -4,476 | -1,677 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -66.35 | -69.59 | -63.54 | -61.76 | -58.13 | -21.39 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Operating Cash Flow Operating Cash Flow Growth | 755.8 | 769.8 | 772.7 | 605.8 | 536.8 | 335.5 |
Capital Expenditures CapEx Growth | -225.9 | -274.9 | -547 | -676.5 | -423.5 | -91.8 |
Free Cash Flow Free Cash Flow Growth | 529.9 | 494.9 | 225.7 | -70.7 | 113.3 | 243.7 |
Free Cash Flow Growth | 17.70% | 119.27% | - | - | -53.51% | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Gross Margin | 34.13% | 33.58% | 34.32% | 32.32% | 31.30% | 27.93% |
Operating Margin | 25.77% | 25.17% | 25.63% | 24.10% | 22.22% | 19.26% |
Pretax Margin | 21.15% | 18.20% | 20.96% | 22.82% | 33.64% | 21.51% |
Profit Margin | 15.17% | 13.09% | 15.61% | 16.95% | 24.28% | 15.60% |
FCF Margin | 17.64% | 16.91% | 8.25% | -2.87% | 6.26% | 15.26% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 6, 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 |
Dividend Per Share Dividend Per Share Growth | 0.469 | 0.438 | 0.409 | 0.382 | 0.357 | 0.334 |
Dividend Per Share Growth | 7.08% | 7.09% | 7.07% | 7.00% | 6.89% | 7.40% |
Dividend Yield | 0.48% | 0.38% | 0.31% | 0.28% | 0.34% | 0.28% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 6, 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 |
PE Ratio | 15.18 | 20.72 | 23.00 | 24.12 | 18.00 | 36.99 |
Forward PE | 13.39 | 17.86 | 19.59 | 23.51 | 16.92 | 26.39 |
P/FCF Ratio | 12.70 | 16.03 | 43.49 | - | 69.80 | 37.81 |
PS Ratio | 2.24 | 2.71 | 3.59 | 4.09 | 4.37 | 5.77 |