Churchill Downs Statistics
Total Valuation
Churchill Downs has a market cap or net worth of $6.02 billion. The enterprise value is $10.68 billion.
| Market Cap | 6.02B |
| Enterprise Value | 10.68B |
Important Dates
The last earnings date was Wednesday, July 29, 2026, after market close.
| Earnings Date | Jul 29, 2026 |
| Ex-Dividend Date | Dec 5, 2025 |
Share Statistics
Churchill Downs has 69.70 million shares outstanding. The number of shares has decreased by -4.74% in one year.
| Current Share Class | 69.70M |
| Shares Outstanding | 69.70M |
| Shares Change (YoY) | -4.74% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 3.90% |
| Owned by Institutions (%) | 82.48% |
| Float | 65.31M |
Valuation Ratios
The trailing PE ratio is 14.70 and the forward PE ratio is 12.01. Churchill Downs's PEG ratio is 0.81.
| PE Ratio | 14.70 |
| Forward PE | 12.01 |
| PS Ratio | 2.01 |
| Forward PS | 1.97 |
| PB Ratio | 4.51 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 10.60 |
| P/OCF Ratio | 7.57 |
| PEG Ratio | 0.81 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.14, with an EV/FCF ratio of 18.81.
| EV / Earnings | 25.92 |
| EV / Sales | 3.57 |
| EV / EBITDA | 11.14 |
| EV / EBIT | 14.80 |
| EV / FCF | 18.81 |
Financial Position
The company has a current ratio of 0.36, with a Debt / Equity ratio of 3.49.
| Current Ratio | 0.36 |
| Quick Ratio | 0.24 |
| Debt / Equity | 3.49 |
| Debt / EBITDA | 5.07 |
| Debt / FCF | 8.55 |
| Interest Coverage | 2.46 |
Financial Efficiency
Return on equity (ROE) is 33.85% and return on invested capital (ROIC) is 9.13%.
| Return on Equity (ROE) | 33.85% |
| Return on Assets (ROA) | 6.48% |
| Return on Invested Capital (ROIC) | 9.13% |
| Return on Capital Employed (ROCE) | 11.71% |
| Weighted Average Cost of Capital (WACC) | 6.28% |
| Revenue Per Employee | $332,433 |
| Profits Per Employee | $45,778 |
| Employee Count | 9,000 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Churchill Downs has paid $169.90 million in taxes.
| Income Tax | 169.90M |
| Effective Tax Rate | 29.02% |
Stock Price Statistics
The stock price has decreased by -14.40% in the last 52 weeks. The beta is 0.66, so Churchill Downs's price volatility has been lower than the market average.
| Beta (5Y) | 0.66 |
| 52-Week Price Change | -14.40% |
| 50-Day Moving Average | 86.68 |
| 200-Day Moving Average | 95.07 |
| Relative Strength Index (RSI) | 50.75 |
| Average Volume (20 Days) | 1,077,253 |
Short Selling Information
The latest short interest is 3.91 million, so 5.60% of the outstanding shares have been sold short.
| Short Interest | 3.91M |
| Short Previous Month | 3.72M |
| Short % of Shares Out | 5.60% |
| Short % of Float | 5.98% |
| Short Ratio (days to cover) | 3.40 |
Income Statement
In the last 12 months, Churchill Downs had revenue of $2.99 billion and earned $412.00 million in profits. Earnings per share was $5.88.
| Revenue | 2.99B |
| Gross Profit | 1.02B |
| Operating Income | 772.40M |
| Pretax Income | 585.40M |
| Net Income | 412.00M |
| EBITDA | 958.80M |
| EBIT | 721.50M |
| Earnings Per Share (EPS) | $5.88 |
Balance Sheet
The company has $196.00 million in cash and $4.86 billion in debt, with a net cash position of -$4.66 billion or -$66.87 per share.
| Cash & Cash Equivalents | 196.00M |
| Total Debt | 4.86B |
| Net Cash | -4.66B |
| Net Cash Per Share | -$66.87 |
| Equity (Book Value) | 1.39B |
| Book Value Per Share | 19.16 |
| Working Capital | -875.00M |
Cash Flow
In the last 12 months, operating cash flow was $794.80 million and capital expenditures -$226.90 million, giving a free cash flow of $567.90 million.
| Operating Cash Flow | 794.80M |
| Capital Expenditures | -226.90M |
| Depreciation & Amortization | 218.30M |
| Net Borrowing | -227.90M |
| Free Cash Flow | 567.90M |
| FCF Per Share | $8.15 |
Margins
Gross margin is 34.18%, with operating and profit margins of 25.82% and 13.80%.
| Gross Margin | 34.18% |
| Operating Margin | 25.82% |
| Pretax Margin | 19.57% |
| Profit Margin | 13.80% |
| EBITDA Margin | 32.05% |
| EBIT Margin | 24.12% |
| FCF Margin | 18.98% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 0.51%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 0.51% |
| Dividend Growth (YoY) | 7.09% |
| Years of Dividend Growth | 15 |
| Payout Ratio | 7.45% |
| Buyback Yield | 4.74% |
| Shareholder Yield | 5.25% |
| Earnings Yield | 6.84% |
| FCF Yield | 9.43% |
Analyst Forecast
The average price target for Churchill Downs is $131.64, which is 52.41% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $131.64 |
| Price Target Difference | 52.41% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (3Y) | 3.15% |
| EPS Growth Forecast (3Y) | 16.01% |
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 1.52 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.52 |
| Piotroski F-Score | 7 |