Churchill Downs Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 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
Market Capitalization	6,330	7,934	9,815	10,065	7,908	9,214
Market Cap Growth	-12.84%	-19.16%	-2.49%	27.27%	-14.17%	19.89%
Enterprise Value	10,991	13,008	14,597	14,658	11,021	10,902
Last Close Price	90.82	113.78	133.02	134.02	104.65	118.86
PE Ratio	15.46	20.72	23.00	24.12	18.00	36.99
Forward PE	12.63	17.86	19.59	23.51	16.92	26.39
PS Ratio	2.12	2.71	3.59	4.09	4.37	5.77
PB Ratio	4.74	7.51	8.90	11.26	14.34	30.03
P/FCF Ratio	11.15	16.03	43.49	-	69.80	37.81
P/OCF Ratio	7.96	10.31	12.70	16.61	14.73	27.46
PEG Ratio	0.85	1.82	1.50	1.18	0.60	0.16
EV/Sales Ratio	3.67	4.45	5.34	5.95	6.09	6.83
EV/EBITDA Ratio	11.09	13.60	16.46	19.51	21.81	27.22
EV/EBIT Ratio	14.23	17.66	20.83	24.70	27.40	35.44
EV/FCF Ratio	19.35	26.28	64.67	-	97.27	44.74
Debt / Equity Ratio	3.49	4.92	4.46	5.42	8.35	6.42
Debt / EBITDA Ratio	4.75	5.26	5.51	6.40	9.02	4.85
Debt / FCF Ratio	8.55	10.50	21.78	-	40.65	8.08
Net Debt / Equity Ratio	3.35	4.73	4.30	5.26	8.12	5.47
Net Debt / EBITDA Ratio	4.71	5.22	5.35	6.26	8.86	4.19
Net Debt / FCF Ratio	8.21	10.10	21.00	-66.47	39.51	6.88
Asset Turnover	0.40	0.40	0.38	0.37	0.39	0.56
Quick Ratio	0.24	0.42	0.40	0.35	0.36	1.01
Current Ratio	0.36	0.60	0.56	0.53	0.55	1.27
Return on Equity (ROE)	33.85%	35.71%	42.98%	57.75%	102.39%	73.93%
Return on Assets (ROA)	6.48%	6.24%	6.16%	5.63%	5.47%	6.78%
Return on Invested Capital (ROIC)	9.13%	8.96%	9.17%	8.30%	8.28%	11.42%
Return on Capital Employed (ROCE)	12.50%	10.90%	10.70%	9.60%	7.20%	11.90%
Earnings Yield	6.51%	4.83%	4.35%	4.15%	5.56%	2.70%
FCF Yield	8.97%	6.24%	2.30%	-0.70%	1.43%	2.65%
Dividend Yield	0.48%	0.39%	0.31%	0.29%	0.34%	0.28%
Payout Ratio	7.45%	8.04%	6.84%	6.49%	5.92%	9.96%
Buyback Yield / Dilution	4.74%	3.75%	1.97%	1.17%	1.79%	2.24%
Total Shareholder Return	5.23%	4.14%	2.28%	1.45%	2.13%	2.53%

SEC Filings: 10-K · 10-Q