Churchill Downs Statistics
Total Valuation
Churchill Downs has a market cap or net worth of $6.38 billion. The enterprise value is $11.17 billion.
| Market Cap | 6.38B |
| Enterprise Value | 11.17B |
Important Dates
The last earnings date was Wednesday, April 23, 2025, after market close.
| Earnings Date | Apr 23, 2025 |
| Ex-Dividend Date | Dec 6, 2024 |
Share Statistics
Churchill Downs has 72.23 million shares outstanding. The number of shares has decreased by -1.62% in one year.
| Current Share Class | 72.23M |
| Shares Outstanding | 72.23M |
| Shares Change (YoY) | -1.62% |
| Shares Change (QoQ) | -0.27% |
| Owned by Insiders (%) | 3.87% |
| Owned by Institutions (%) | 79.34% |
| Float | 65.24M |
Valuation Ratios
The trailing PE ratio is 15.60 and the forward PE ratio is 14.18. Churchill Downs's PEG ratio is 2.44.
| PE Ratio | 15.60 |
| Forward PE | 14.18 |
| PS Ratio | 2.34 |
| Forward PS | 2.09 |
| PB Ratio | 6.00 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 21.83 |
| P/OCF Ratio | 8.35 |
| PEG Ratio | 2.44 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.36, with an EV/FCF ratio of 38.21.
| EV / Earnings | 26.48 |
| EV / Sales | 4.01 |
| EV / EBITDA | 12.36 |
| EV / EBIT | 15.84 |
| EV / FCF | 38.21 |
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 | $314,092 |
| Profits Per Employee | $47,565 |
| Employee Count | 8,870 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Churchill Downs has paid $141.40 million in taxes.
| Income Tax | 141.40M |
| Effective Tax Rate | 24.93% |
Stock Price Statistics
The stock price has decreased by -28.40% in the last 52 weeks. The beta is 0.86, so Churchill Downs's price volatility has been lower than the market average.
| Beta (5Y) | 0.86 |
| 52-Week Price Change | -28.40% |
| 50-Day Moving Average | 109.60 |
| 200-Day Moving Average | 129.43 |
| Relative Strength Index (RSI) | 28.65 |
| Average Volume (20 Days) | 990,550 |
Short Selling Information
The latest short interest is 1.74 million, so 2.40% of the outstanding shares have been sold short.
| Short Interest | 1.74M |
| Short Previous Month | 1.62M |
| Short % of Shares Out | 2.40% |
| Short % of Float | 2.66% |
| Short Ratio (days to cover) | 2.51 |
Income Statement
In the last 12 months, Churchill Downs had revenue of $2.79 billion and earned $421.90 million in profits. Earnings per share was $5.66.
| Revenue | 2.79B |
| Gross Profit | 942.80M |
| Operating Income | 705.40M |
| Pretax Income | 548.90M |
| Net Income | 421.90M |
| EBITDA | 903.80M |
| EBIT | 705.40M |
| Earnings Per Share (EPS) | $5.66 |
Balance Sheet
The company has $174.20 million in cash and $4.96 billion in debt, giving a net cash position of -$4.79 billion or -$66.32 per share.
| Cash & Cash Equivalents | 174.20M |
| Total Debt | 4.96B |
| Net Cash | -4.79B |
| Net Cash Per Share | -$66.32 |
| Equity (Book Value) | 1.09B |
| Book Value Per Share | 14.72 |
| Working Capital | -393.70M |
Cash Flow
In the last 12 months, operating cash flow was $764.50 million and capital expenditures -$472.10 million, giving a free cash flow of $292.40 million.
| Operating Cash Flow | 764.50M |
| Capital Expenditures | -472.10M |
| Free Cash Flow | 292.40M |
| FCF Per Share | $4.05 |
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 $0.41, which amounts to a dividend yield of 0.46%.
| Dividend Per Share | $0.41 |
| Dividend Yield | 0.46% |
| Dividend Growth (YoY) | 7.07% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 7.22% |
| Buyback Yield | 1.62% |
| Shareholder Yield | 2.08% |
| Earnings Yield | 6.61% |
| FCF Yield | 4.58% |
Analyst Forecast
The average price target for Churchill Downs is $146.45, which is 65.76% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $146.45 |
| Price Target Difference | 65.76% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 22, 2023. It was a forward split with a ratio of 2:1.
| Last Split Date | May 22, 2023 |
| Split Type | Forward |
| Split Ratio | 2:1 |
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 |