Churchill Downs Statistics
Total Valuation
Churchill Downs has a market cap or net worth of $7.26 billion. The enterprise value is $12.17 billion.
| Market Cap | 7.26B |
| Enterprise Value | 12.17B |
Important Dates
The last earnings date was Wednesday, July 23, 2025, after market close.
| Earnings Date | Jul 23, 2025 |
| Ex-Dividend Date | Dec 6, 2024 |
Share Statistics
Churchill Downs has 70.12 million shares outstanding. The number of shares has decreased by -1.60% in one year.
| Current Share Class | 70.12M |
| Shares Outstanding | 70.12M |
| Shares Change (YoY) | -1.60% |
| Shares Change (QoQ) | -2.82% |
| Owned by Insiders (%) | 4.00% |
| Owned by Institutions (%) | 79.83% |
| Float | 63.11M |
Valuation Ratios
The trailing PE ratio is 17.82 and the forward PE ratio is 15.47.
| PE Ratio | 17.82 |
| Forward PE | 15.47 |
| PS Ratio | 2.68 |
| Forward PS | 2.38 |
| PB Ratio | 6.98 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 19.83 |
| P/OCF Ratio | 9.24 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.33, with an EV/FCF ratio of 33.24.
| EV / Earnings | 28.32 |
| EV / Sales | 4.30 |
| EV / EBITDA | 13.33 |
| EV / EBIT | 17.24 |
| EV / FCF | 33.24 |
Financial Position
The company has a current ratio of 0.60, with a Debt / Equity ratio of 4.79.
| Current Ratio | 0.60 |
| Quick Ratio | 0.39 |
| Debt / Equity | 4.79 |
| Debt / EBITDA | 5.38 |
| Debt / FCF | 13.91 |
| Interest Coverage | 2.41 |
Financial Efficiency
Return on equity (ROE) is 41.05% and return on invested capital (ROIC) is 7.26%.
| Return on Equity (ROE) | 41.05% |
| Return on Assets (ROA) | 6.07% |
| Return on Invested Capital (ROIC) | 7.26% |
| Return on Capital Employed (ROCE) | 10.69% |
| Revenue Per Employee | $319,019 |
| Profits Per Employee | $48,467 |
| Employee Count | 8,870 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Churchill Downs has paid $131.70 million in taxes.
| Income Tax | 131.70M |
| Effective Tax Rate | 23.31% |
Stock Price Statistics
The stock price has decreased by -23.88% 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 | -23.88% |
| 50-Day Moving Average | 103.20 |
| 200-Day Moving Average | 115.23 |
| Relative Strength Index (RSI) | 47.12 |
| Average Volume (20 Days) | 677,974 |
Short Selling Information
The latest short interest is 2.23 million, so 3.19% of the outstanding shares have been sold short.
| Short Interest | 2.23M |
| Short Previous Month | 2.14M |
| Short % of Shares Out | 3.19% |
| Short % of Float | 3.54% |
| Short Ratio (days to cover) | 3.32 |
Income Statement
In the last 12 months, Churchill Downs had revenue of $2.83 billion and earned $429.90 million in profits. Earnings per share was $5.81.
| Revenue | 2.83B |
| Gross Profit | 946.90M |
| Operating Income | 706.00M |
| Pretax Income | 548.90M |
| Net Income | 429.90M |
| EBITDA | 913.00M |
| EBIT | 706.00M |
| Earnings Per Share (EPS) | $5.81 |
Balance Sheet
The company has $182.40 million in cash and $5.09 billion in debt, giving a net cash position of -$4.91 billion or -$70.04 per share.
| Cash & Cash Equivalents | 182.40M |
| Total Debt | 5.09B |
| Net Cash | -4.91B |
| Net Cash Per Share | -$70.04 |
| Equity (Book Value) | 1.06B |
| Book Value Per Share | 14.84 |
| Working Capital | -308.10M |
Cash Flow
In the last 12 months, operating cash flow was $786.10 million and capital expenditures -$419.80 million, giving a free cash flow of $366.30 million.
| Operating Cash Flow | 786.10M |
| Capital Expenditures | -419.80M |
| Free Cash Flow | 366.30M |
| FCF Per Share | $5.22 |
Margins
Gross margin is 33.46%, with operating and profit margins of 24.95% and 15.22%.
| Gross Margin | 33.46% |
| Operating Margin | 24.95% |
| Pretax Margin | 19.97% |
| Profit Margin | 15.22% |
| EBITDA Margin | 32.26% |
| EBIT Margin | 24.95% |
| FCF Margin | 12.94% |
Dividends & Yields
This stock pays an annual dividend of $0.41, which amounts to a dividend yield of 0.39%.
| Dividend Per Share | $0.41 |
| Dividend Yield | 0.39% |
| Dividend Growth (YoY) | 7.07% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 7.04% |
| Buyback Yield | 1.60% |
| Shareholder Yield | 1.99% |
| Earnings Yield | 5.92% |
| FCF Yield | 5.04% |
Analyst Forecast
The average price target for Churchill Downs is $139.36, which is 34.56% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $139.36 |
| Price Target Difference | 34.56% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 1.71 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.71 |
| Piotroski F-Score | 6 |