Churchill Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Churchill Downs Incorporated
CHDN Stock  USD 114.44  2.49  2.22%   
Churchill Downs' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Churchill Downs' valuation are provided below:
Gross Profit
965.6 M
Profit Margin
0.1399
Market Capitalization
7.9 B
Enterprise Value Revenue
4.4174
Revenue
2.9 B
We have found one hundred twenty available fundamental signals for Churchill Downs Incorporated, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Churchill Downs' prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 6th of January 2026, Market Cap is likely to grow to about 3.2 B. Also, Enterprise Value is likely to grow to about 3.9 B

Churchill Downs Total Revenue

3.3 Billion

Check Churchill Downs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Churchill Downs' main balance sheet or income statement drivers, such as Depreciation And Amortization of 247.2 M, Interest Expense of 349.9 M or Selling General Administrative of 287 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0032 or PTB Ratio of 4.21. Churchill financial statements analysis is a perfect complement when working with Churchill Downs Valuation or Volatility modules.
  
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Check out the analysis of Churchill Downs Correlation against competitors.

Churchill Downs Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.8 B8.4 B3.5 B
Slightly volatile
Short and Long Term Debt Total5.9 B5.7 B2.1 B
Slightly volatile
Other Current Liabilities512.3 M487.9 M274.7 M
Slightly volatile
Total Current Liabilities880.6 M838.7 M465.2 M
Slightly volatile
Total Stockholder Equity1.3 B1.2 B667.7 M
Slightly volatile
Property Plant And Equipment Net3.5 B3.3 B1.3 B
Slightly volatile
Retained Earnings1.3 B1.2 B587.8 M
Slightly volatile
Accounts Payable217.7 M207.3 M88.5 M
Slightly volatile
Cash211.9 M201.8 M106.8 M
Slightly volatile
Non Current Assets Total8.3 B7.9 B3.3 B
Slightly volatile
Non Currrent Assets Other20 M21 M123.4 M
Very volatile
Cash And Short Term Investments211.9 M201.8 M106.6 M
Slightly volatile
Net Receivables136.7 M130.2 M81.4 M
Slightly volatile
Common Stock Shares Outstanding85.9 M85.8 M87.6 M
Slightly volatile
Liabilities And Stockholders Equity8.8 B8.4 B3.5 B
Slightly volatile
Non Current Liabilities Total6.6 B6.3 B2.4 B
Slightly volatile
Other Current Assets64.8 M128.8 M84.3 M
Slightly volatile
Total Liabilities7.5 B7.1 B2.9 B
Slightly volatile
Property Plant And Equipment Gross4.9 B4.7 B1.7 B
Slightly volatile
Total Current Assets497.9 M474.1 M280.2 M
Slightly volatile
Short Term Debt86.7 M82.6 M38.3 M
Pretty Stable
Inventory12.7 M13.3 M40.4 M
Pretty Stable
Intangible Assets2.9 B2.8 B961.5 M
Slightly volatile
Common Stock Total Equity15.6 M16.4 M93.1 M
Slightly volatile
Common Stock19.9 M20.9 M93.6 M
Slightly volatile
Other Liabilities523.8 M498.9 M258.1 M
Slightly volatile
Current Deferred Revenue55 M60.8 M62.7 M
Very volatile
Property Plant Equipment2.4 B2.3 B1.1 B
Slightly volatile
Short Term Investments760.7 M724.5 M360.3 M
Slightly volatile
Other Assets7.9 B7.5 B1.8 B
Slightly volatile
Good Will1.1 B1 B572.5 M
Slightly volatile
Retained Earnings Total Equity496.9 M635.3 M469.5 M
Slightly volatile
Long Term Debt Total3 B2.8 B1.2 B
Slightly volatile
Deferred Long Term Liabilities411.5 M391.9 M199.8 M
Slightly volatile
Non Current Liabilities Other160.1 M168.5 M396.2 M
Slightly volatile
Long Term Investments426.2 M760.4 M358.5 M
Slightly volatile
Short and Long Term Debt76.2 M72.6 M25.7 M
Slightly volatile
Net Invested Capital3.6 B6.9 B2.9 B
Slightly volatile
Capital Lease Obligations9.1 M10 M8.1 M
Slightly volatile

Churchill Downs Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization247.2 M235.4 M109.7 M
Slightly volatile
Selling General Administrative287 M273.4 M131.1 M
Slightly volatile
Total Revenue3.3 B3.1 B1.5 B
Slightly volatile
Gross Profit1.1 B1.1 B431.3 M
Slightly volatile
Other Operating Expenses2.4 B2.3 B1.2 B
Slightly volatile
Operating Income856.1 M815.4 M285 M
Slightly volatile
EBIT1 B992.5 M378 M
Slightly volatile
EBITDA1.3 B1.2 B487.7 M
Slightly volatile
Cost Of Revenue2.2 B2.1 B1 B
Slightly volatile
Total Operating Expenses277.1 M263.9 M144.4 M
Slightly volatile
Income Before Tax692.1 M659.2 M271.6 M
Slightly volatile
Net Income From Continuing Ops518.1 M493.5 M203.4 M
Slightly volatile
Interest Income15.7 M18.3 M18.9 M
Pretty Stable
Reconciled Depreciation135.4 M235.4 M126.9 M
Slightly volatile

Churchill Downs Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow267.8 M255.1 M127 M
Slightly volatile
Depreciation247.2 M235.4 M115 M
Slightly volatile
Capital Expenditures660.5 M629 M235.7 M
Slightly volatile
Total Cash From Operating Activities933 M888.6 M354.4 M
Slightly volatile
End Period Cash Flow305.1 M290.6 M143.1 M
Slightly volatile
Stock Based Compensation43.6 M41.5 M22.9 M
Slightly volatile
Issuance Of Capital Stock1.2 M1.4 M1.5 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.853.253.3197
Slightly volatile
Dividend Yield0.00320.00340.0065
Slightly volatile
PTB Ratio4.218.218.4285
Slightly volatile
Days Sales Outstanding30.7917.3824.3125
Slightly volatile
Book Value Per Share14.0913.427.5607
Slightly volatile
Operating Cash Flow Per Share9.879.44.1338
Slightly volatile
Stock Based Compensation To Revenue0.01270.01190.0159
Pretty Stable
Capex To Depreciation2.753.071.6895
Slightly volatile
PB Ratio4.218.218.4285
Slightly volatile
EV To Sales5.054.814.4452
Slightly volatile
ROIC0.07620.09220.0681
Very volatile
Inventory Turnover157178111
Slightly volatile
Days Of Inventory On Hand2.152.123.4264
Slightly volatile
Payables Turnover9.798.9613.1856
Slightly volatile
Sales General And Administrative To Revenue0.080.09420.1021
Slightly volatile
Research And Ddevelopement To Revenue0.0050.00520.017
Slightly volatile
Capex To Revenue0.150.230.1252
Slightly volatile
Cash Per Share2.242.131.2674
Slightly volatile
POCF Ratio12.0911.5116.5768
Pretty Stable
Interest Coverage2.672.815.1864
Slightly volatile
Capex To Operating Cash Flow0.670.640.5619
Slightly volatile
Days Payables Outstanding35.4142.1429.7987
Slightly volatile
EV To Operating Cash Flow17.8817.0321.1246
Slightly volatile
Intangibles To Total Assets0.220.410.367
Pretty Stable
Current Ratio0.760.650.6836
Very volatile
Receivables Turnover11.7321.7416.6057
Slightly volatile
Graham Number41.1939.2320.0481
Slightly volatile
Shareholders Equity Per Share13.8413.187.5142
Slightly volatile
Debt To Equity4.294.082.8737
Slightly volatile
Capex Per Share6.996.652.827
Slightly volatile
Revenue Per Share34.9233.2617.0381
Slightly volatile
Interest Debt Per Share66.4863.3126.7245
Slightly volatile
Debt To Assets0.640.610.4642
Slightly volatile
Enterprise Value Over EBITDA10.512.3315.9646
Pretty Stable
Short Term Coverage Ratios13.3814.0833.0713
Pretty Stable
Operating Cycle31.1620.0924.8541
Slightly volatile
Price Book Value Ratio4.218.218.4285
Slightly volatile
Days Of Payables Outstanding35.4142.1429.7987
Slightly volatile
Price To Operating Cash Flows Ratio12.0911.5116.5768
Pretty Stable
Pretax Profit Margin0.0960.190.155
Slightly volatile
Ebt Per Ebit0.760.730.9521
Very volatile
Operating Profit Margin0.250.230.1631
Slightly volatile
Company Equity Multiplier6.356.044.9816
Slightly volatile
Long Term Debt To Capitalization0.770.740.6055
Slightly volatile
Total Debt To Capitalization0.770.740.6019
Slightly volatile
Return On Capital Employed0.120.10830.0995
Pretty Stable
Debt Equity Ratio4.294.082.8737
Slightly volatile
Ebit Per Revenue0.250.230.1631
Slightly volatile
Quick Ratio0.760.630.6801
Very volatile
Dividend Paid And Capex Coverage Ratio1.291.212.0528
Slightly volatile
Cash Ratio0.260.280.2702
Very volatile
Operating Cash Flow Sales Ratio0.130.250.2097
Pretty Stable
Days Of Inventory Outstanding2.152.123.4264
Slightly volatile
Days Of Sales Outstanding30.7917.3824.3125
Slightly volatile
Cash Flow Coverage Ratios0.170.181.1325
Slightly volatile
Price To Book Ratio4.218.218.4285
Slightly volatile
Fixed Asset Turnover1.451.091.3797
Slightly volatile
Capital Expenditure Coverage Ratio2.391.622.8387
Slightly volatile
Price Cash Flow Ratio12.0911.5116.5768
Pretty Stable
Enterprise Value Multiple10.512.3315.9646
Pretty Stable
Debt Ratio0.640.610.4642
Slightly volatile
Cash Flow To Debt Ratio0.170.181.1325
Slightly volatile
Price Sales Ratio1.853.253.3197
Slightly volatile
Asset Turnover0.780.430.5317
Slightly volatile
Gross Profit Margin0.280.390.282
Pretty Stable
Price Fair Value4.218.218.4285
Slightly volatile

Churchill Downs Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.2 B3 B3.1 B
Slightly volatile
Enterprise Value3.9 B3.7 B3.8 B
Slightly volatile

Churchill Fundamental Market Drivers

Churchill Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Churchill Downs Financial Statements

Churchill Downs investors utilize fundamental indicators, such as revenue or net income, to predict how Churchill Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue60.8 M55 M
Total Revenue3.1 B3.3 B
Cost Of Revenue2.1 B2.2 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.09  0.08 
Capex To Revenue 0.23  0.15 
Revenue Per Share 33.26  34.92 
Ebit Per Revenue 0.23  0.25 

Pair Trading with Churchill Downs

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Churchill Downs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Churchill Downs will appreciate offsetting losses from the drop in the long position's value.

Moving against Churchill Stock

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The ability to find closely correlated positions to Churchill Downs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Churchill Downs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Churchill Downs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Churchill Downs Incorporated to buy it.
The correlation of Churchill Downs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Churchill Downs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Churchill Downs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Churchill Downs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
How To Invest In Churchill
Details
Is Churchill Stock a good investment?
Details
What is Churchill Downs' Net Worth?
Details
Largest Hotels, Restaurants & Leisure Companies
View
Largest Consumer Services Companies
View
Check out the analysis of Churchill Downs Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
0.409
Earnings Share
5.5
Revenue Per Share
39.823
Quarterly Revenue Growth
0.087
The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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