Churchill Downs Statistics
Total Valuation
CHDN has a market cap or net worth of $9.03 billion. The enterprise value is $13.51 billion.
| Market Cap | 9.03B |
| Enterprise Value | 13.51B |
Important Dates
The next confirmed earnings date is Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Nov 30, 2023 |
Share Statistics
CHDN has 73.68 million shares outstanding. The number of shares has decreased by -1.17% in one year.
| Shares Outstanding | 73.68M |
| Shares Change (YoY) | -1.17% |
| Shares Change (QoQ) | -3.63% |
| Owned by Insiders (%) | 9.69% |
| Owned by Institutions (%) | 79.77% |
| Float | 66.85M |
Valuation Ratios
The trailing PE ratio is 22.31 and the forward PE ratio is 20.83. CHDN's PEG ratio is 2.58.
| PE Ratio | 22.31 |
| Forward PE | 20.83 |
| PS Ratio | 3.61 |
| Forward PS | 3.24 |
| PB Ratio | 9.96 |
| P/FCF Ratio | n/a |
| PEG Ratio | 2.58 |
Enterprise Valuation
| EV / Earnings | 32.38 |
| EV / Sales | 5.49 |
| EV / EBITDA | 13.44 |
| EV / EBIT | 16.27 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.53, with a Debt / Equity ratio of 5.41.
| Current Ratio | 0.53 |
| Quick Ratio | 0.43 |
| Debt / Equity | 5.41 |
| Debt / EBITDA | 4.81 |
| Debt / FCF | n/a |
| Interest Coverage | 3.09 |
Financial Efficiency
Return on equity (ROE) is 50.00% and return on invested capital (ROIC) is 7.31%.
| Return on Equity (ROE) | 50.00% |
| Return on Assets (ROA) | 6.30% |
| Return on Capital (ROIC) | 7.31% |
| Revenue Per Employee | $308,871 |
| Profits Per Employee | $52,359 |
| Employee Count | 7,970 |
| Asset Turnover | 0.37 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CHDN has paid $144.50 million in taxes.
| Income Tax | 144.50M |
| Effective Tax Rate | 25.72% |
Stock Price Statistics
The stock price has decreased by -6.27% in the last 52 weeks. The beta is 1.01, so CHDN's price volatility has been similar to the market average.
| Beta (1Y) | 1.01 |
| 52-Week Price Change | -6.27% |
| 50-Day Moving Average | 119.53 |
| 200-Day Moving Average | 121.00 |
| Relative Strength Index (RSI) | 49.74 |
| Average Volume (30 Days) | 397,259 |
Short Selling Information
The latest short interest is 1.89 million, so 2.57% of the outstanding shares have been sold short.
| Short Interest | 1.89M |
| Short Previous Month | 2.01M |
| Short % of Shares Out | 2.57% |
| Short % of Float | 2.83% |
| Short Ratio (days to cover) | 3.91 |
Income Statement
In the last 12 months, CHDN had revenue of $2.46 billion and earned $417.30 million in profits. Earnings per share was $5.49.
| Revenue | 2.46B |
| Gross Profit | 795.70M |
| Operating Income | 564.00M |
| Pretax Income | 561.80M |
| Net Income | 417.30M |
| EBITDA | 1.01B |
| EBIT | 830.20M |
| Earnings Per Share (EPS) | $5.49 |
Balance Sheet
The company has $221.80 million in cash and $4.84 billion in debt, giving a net cash position of -$4.61 billion or -$62.63 per share.
| Cash & Cash Equivalents | 221.80M |
| Total Debt | 4.84B |
| Net Cash | -4.61B |
| Net Cash Per Share | -$62.63 |
| Equity / Book Value | 893.60M |
| Book Value Per Share | 12.13 |
| Working Capital | -355.00M |
Cash Flow
In the last 12 months, operating cash flow was $605.30 million and capital expenditures -$676.50 million, giving a free cash flow of -$71.20 million.
| Operating Cash Flow | 605.30M |
| Capital Expenditures | -676.50M |
| Free Cash Flow | -71.20M |
| FCF Per Share | -$0.95 |
Margins
Gross margin is 32.32%, with operating and profit margins of 22.91% and 16.95%.
| Gross Margin | 32.32% |
| Operating Margin | 22.91% |
| Pretax Margin | 22.82% |
| Profit Margin | 16.95% |
| EBITDA Margin | 40.84% |
| EBIT Margin | 33.72% |
| FCF Margin | -2.89% |
Dividends & Yields
This stock pays an annual dividend of $0.38, which amounts to a dividend yield of 0.31%.
| Dividend Per Share | $0.38 |
| Dividend Yield | 0.31% |
| Dividend Growth (YoY) | 7.00% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 6.96% |
| Buyback Yield | 1.17% |
| Shareholder Yield | 1.49% |
| Earnings Yield | 4.69% |
| FCF Yield | -0.80% |
Analyst Forecast
The average price target for CHDN is $145.56, which is 18.72% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $145.56 |
| Price Target Difference | 18.72% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 9 |
| 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
CHDN has an Altman Z-Score of 1.75 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.75 |
| Piotroski F-Score | 6 |