Churchill Downs Statistics
Total Valuation
Churchill Downs has a market cap or net worth of $6.73 billion. The enterprise value is $11.37 billion.
| Market Cap | 6.73B |
| Enterprise Value | 11.37B |
Important Dates
The last earnings date was Wednesday, October 28, 2026, after market close.
| Earnings Date | Oct 28, 2026 |
| Ex-Dividend Date | Dec 4, 2026 |
Share Statistics
Churchill Downs has 68.55 million shares outstanding. The number of shares has decreased by -4.77% in one year.
| Current Share Class | 68.55M |
| Shares Outstanding | 68.55M |
| Shares Change (YoY) | -4.77% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 3.97% |
| Owned by Institutions (%) | 89.47% |
| Float | 64.63M |
Valuation Ratios
The trailing PE ratio is 15.18 and the forward PE ratio is 13.39. Churchill Downs's PEG ratio is 0.95.
| PE Ratio | 15.18 |
| Forward PE | 13.39 |
| PS Ratio | 2.24 |
| Forward PS | 2.20 |
| PB Ratio | 4.91 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 12.70 |
| P/OCF Ratio | 8.90 |
| PEG Ratio | 0.95 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.41, with an EV/FCF ratio of 21.45.
| EV / Earnings | 25.04 |
| EV / Sales | 3.78 |
| EV / EBITDA | 11.41 |
| EV / EBIT | 14.68 |
| EV / FCF | 21.45 |
Financial Position
The company has a current ratio of 0.32, with a Debt / Equity ratio of 3.42.
| Current Ratio | 0.32 |
| Quick Ratio | 0.21 |
| Debt / Equity | 3.42 |
| Debt / EBITDA | 4.67 |
| Debt / FCF | 9.07 |
| Interest Coverage | 2.70 |
Financial Efficiency
Return on equity (ROE) is 36.78% and return on invested capital (ROIC) is 9.20%.
| Return on Equity (ROE) | 36.78% |
| Return on Assets (ROA) | 6.49% |
| Return on Invested Capital (ROIC) | 9.20% |
| Return on Capital Employed (ROCE) | 12.60% |
| Weighted Average Cost of Capital (WACC) | 6.72% |
| Revenue Per Employee | $333,878 |
| Profits Per Employee | $50,444 |
| Employee Count | 9,000 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Churchill Downs has paid $178.90 million in taxes.
| Income Tax | 178.90M |
| Effective Tax Rate | 28.16% |
Stock Price Statistics
The stock price has decreased by -0.84% in the last 52 weeks. The beta is 0.77, so Churchill Downs's price volatility has been lower than the market average.
| Beta (5Y) | 0.77 |
| 52-Week Price Change | -0.84% |
| 50-Day Moving Average | 83.55 |
| 200-Day Moving Average | 88.02 |
| Relative Strength Index (RSI) | 73.89 |
| Average Volume (20 Days) | 1,186,355 |
Short Selling Information
The latest short interest is 5.50 million, so 8.02% of the outstanding shares have been sold short.
| Short Interest | 5.50M |
| Short Previous Month | 4.93M |
| Short % of Shares Out | 8.02% |
| Short % of Float | 8.50% |
| Short Ratio (days to cover) | 4.24 |
Income Statement
In the last 12 months, Churchill Downs had revenue of $3.00 billion and earned $454.00 million in profits. Earnings per share was $6.47.
| Revenue | 3.00B |
| Gross Profit | 1.03B |
| Operating Income | 774.40M |
| Pretax Income | 635.40M |
| Net Income | 454.00M |
| EBITDA | 996.70M |
| EBIT | 774.40M |
| Earnings Per Share (EPS) | $6.47 |
Balance Sheet
The company has $167.00 million in cash and $4.81 billion in debt, with a net cash position of -$4.64 billion or -$67.66 per share.
| Cash & Cash Equivalents | 167.00M |
| Total Debt | 4.81B |
| Net Cash | -4.64B |
| Net Cash Per Share | -$67.66 |
| Equity (Book Value) | 1.40B |
| Book Value Per Share | 19.99 |
| Working Capital | -904.00M |
Cash Flow
In the last 12 months, operating cash flow was $755.80 million and capital expenditures -$225.90 million, giving a free cash flow of $529.90 million.
| Operating Cash Flow | 755.80M |
| Capital Expenditures | -225.90M |
| Depreciation & Amortization | 222.30M |
| Net Borrowing | -376.90M |
| Free Cash Flow | 529.90M |
| FCF Per Share | $7.73 |
Margins
Gross margin is 34.13%, with operating and profit margins of 25.77% and 15.14%.
| Gross Margin | 34.13% |
| Operating Margin | 25.77% |
| Pretax Margin | 21.15% |
| Profit Margin | 15.14% |
| EBITDA Margin | 33.17% |
| EBIT Margin | 25.77% |
| FCF Margin | 17.63% |
Dividends & Yields
This stock pays an annual dividend of $0.47, which amounts to a dividend yield of 0.48%.
| Dividend Per Share | $0.47 |
| Dividend Yield | 0.48% |
| Dividend Growth (YoY) | 7.08% |
| Years of Dividend Growth | 15 |
| Payout Ratio | 7.25% |
| FCF Payout Ratio | 6.07% |
| Buyback Yield | 4.77% |
| Shareholder Yield | 5.25% |
| Earnings Yield | 6.59% |
| FCF Yield | 7.87% |
Analyst Forecast
The average price target for Churchill Downs is $126.83, which is 29.18% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $126.83 |
| Price Target Difference | 29.18% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (3Y) | 3.16% |
| EPS Growth Forecast (3Y) | 11.18% |
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 1.5 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.5 |
| Piotroski F-Score | 7 |