Churchill Downs Statistics
Total Valuation
Churchill Downs has a market cap or net worth of $8.59 billion. The enterprise value is $13.32 billion.
| Market Cap | 8.59B |
| Enterprise Value | 13.32B |
Important Dates
The last earnings date was Wednesday, February 19, 2025, after market close.
| Earnings Date | Feb 19, 2025 |
| Ex-Dividend Date | Dec 6, 2024 |
Share Statistics
Churchill Downs has 73.50 million shares outstanding. The number of shares has decreased by -1.97% in one year.
| Current Share Class | 73.50M |
| Shares Outstanding | 73.50M |
| Shares Change (YoY) | -1.97% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 3.80% |
| Owned by Institutions (%) | 78.41% |
| Float | 66.50M |
Valuation Ratios
The trailing PE ratio is 20.58 and the forward PE ratio is 17.74. Churchill Downs's PEG ratio is 1.37.
| PE Ratio | 20.58 |
| Forward PE | 17.74 |
| PS Ratio | 3.16 |
| Forward PS | 2.87 |
| PB Ratio | 7.93 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 38.07 |
| P/OCF Ratio | 11.12 |
| PEG Ratio | 1.37 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.81, with an EV/FCF ratio of 59.04.
| EV / Earnings | 31.22 |
| EV / Sales | 4.87 |
| EV / EBITDA | 14.81 |
| EV / EBIT | 19.01 |
| EV / FCF | 59.04 |
Financial Position
The company has a current ratio of 0.57, with a Debt / Equity ratio of 4.45.
| Current Ratio | 0.57 |
| Quick Ratio | 0.40 |
| Debt / Equity | 4.45 |
| Debt / EBITDA | 5.42 |
| Debt / FCF | 21.74 |
| Interest Coverage | 2.42 |
Financial Efficiency
Return on equity (ROE) is 42.98% and return on invested capital (ROIC) is 7.42%.
| Return on Equity (ROE) | 42.98% |
| Return on Assets (ROA) | 6.16% |
| Return on Invested Capital (ROIC) | 7.42% |
| Return on Capital Employed (ROCE) | 10.70% |
| Revenue Per Employee | $308,264 |
| Profits Per Employee | $48,117 |
| Employee Count | 8,870 |
| Asset Turnover | 0.38 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Churchill Downs has paid $144.10 million in taxes.
| Income Tax | 144.10M |
| Effective Tax Rate | 25.14% |
Stock Price Statistics
The stock price has increased by +0.57% in the last 52 weeks. The beta is 0.95, so Churchill Downs's price volatility has been similar to the market average.
| Beta (5Y) | 0.95 |
| 52-Week Price Change | +0.57% |
| 50-Day Moving Average | 127.85 |
| 200-Day Moving Average | 135.61 |
| Relative Strength Index (RSI) | 29.27 |
| Average Volume (20 Days) | 608,789 |
Short Selling Information
The latest short interest is 1.24 million, so 1.68% of the outstanding shares have been sold short.
| Short Interest | 1.24M |
| Short Previous Month | 1.48M |
| Short % of Shares Out | 1.68% |
| Short % of Float | 1.86% |
| Short Ratio (days to cover) | 2.57 |
Income Statement
In the last 12 months, Churchill Downs had revenue of $2.73 billion and earned $426.80 million in profits. Earnings per share was $5.68.
| Revenue | 2.73B |
| Gross Profit | 938.50M |
| Operating Income | 700.80M |
| Pretax Income | 548.90M |
| Net Income | 426.80M |
| EBITDA | 899.90M |
| EBIT | 700.80M |
| Earnings Per Share (EPS) | $5.68 |
Balance Sheet
The company has $175.50 million in cash and $4.91 billion in debt, giving a net cash position of -$4.73 billion or -$64.38 per share.
| Cash & Cash Equivalents | 175.50M |
| Total Debt | 4.91B |
| Net Cash | -4.73B |
| Net Cash Per Share | -$64.38 |
| Equity (Book Value) | 1.10B |
| Book Value Per Share | 14.74 |
| Working Capital | -317.00M |
Cash Flow
In the last 12 months, operating cash flow was $772.70 million and capital expenditures -$547.00 million, giving a free cash flow of $225.70 million.
| Operating Cash Flow | 772.70M |
| Capital Expenditures | -547.00M |
| Free Cash Flow | 225.70M |
| FCF Per Share | $3.07 |
Margins
Gross margin is 34.32%, with operating and profit margins of 25.63% and 15.61%.
| Gross Margin | 34.32% |
| Operating Margin | 25.63% |
| Pretax Margin | 20.96% |
| Profit Margin | 15.61% |
| EBITDA Margin | 32.91% |
| EBIT Margin | 25.63% |
| FCF Margin | 8.25% |
Dividends & Yields
This stock pays an annual dividend of $0.41, which amounts to a dividend yield of 0.35%.
| Dividend Per Share | $0.41 |
| Dividend Yield | 0.35% |
| Dividend Growth (YoY) | 7.07% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 7.20% |
| Buyback Yield | 1.97% |
| Shareholder Yield | 2.32% |
| Earnings Yield | 4.97% |
| FCF Yield | 2.63% |
Analyst Forecast
The average price target for Churchill Downs is $160.44, which is 37.23% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $160.44 |
| Price Target Difference | 37.23% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 7.22% |
| EPS Growth Forecast (5Y) | 13.90% |
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 1.8 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.8 |
| Piotroski F-Score | 7 |