Churchill Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Churchill Downs Incorporated
CHDN Stock  USD 93.42  0.36  0.38%   
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
982.6 M
Profit Margin
0.1309
Market Capitalization
6.6 B
Enterprise Value Revenue
3.9781
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 4th of March 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

3.07 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 251.5 M, Interest Expense of 312.6 M or Selling General Administrative of 287 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0036 or Days Sales Outstanding of 30.79. 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 Assets654.3 M688.7 M2.6 B
Slightly volatile
Short and Long Term Debt Total900.5 M802.5 M1.5 B
Slightly volatile
Other Current Liabilities147.5 M88.9 M229.8 M
Slightly volatile
Total Current Liabilities84.5 M88.9 M374.2 M
Pretty Stable
Property Plant And Equipment Net298.8 M314.5 M929.1 M
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 Total298.8 M314.5 M2.3 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 Outstanding85.7 M71.4 M86.8 M
Slightly volatile
Liabilities And Stockholders Equity654.3 M688.7 M2.6 B
Slightly volatile
Non Current Liabilities Total1 B802.5 M1.8 B
Slightly volatile
Other Current Assets64.8 M128.8 M84.3 M
Slightly volatile
Total Liabilities1.3 B891.4 M2.1 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 Assets464.5 M374.2 M976.5 M
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 Amortization251.5 M239.5 M110.2 M
Slightly volatile
Selling General Administrative287 M273.4 M131.1 M
Slightly volatile
Total Revenue3.1 B2.9 B1.4 B
Slightly volatile
Gross Profit1 B982.6 M419.6 M
Slightly volatile
Other Operating Expenses2.3 B2.2 B1.2 B
Slightly volatile
Operating Income773.2 M736.4 M275.5 M
Slightly volatile
EBIT871.6 M830.1 M358.4 M
Slightly volatile
EBITDA1.1 B1.1 B468.6 M
Slightly volatile
Cost Of Revenue2 B1.9 B1 B
Slightly volatile
Total Operating Expenses258.5 M246.2 M142.3 M
Slightly volatile
Income Before Tax559 M532.4 M256.3 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 Flow265.3 M252.7 M126.7 M
Slightly volatile
Depreciation251.5 M239.5 M115.5 M
Slightly volatile
Capital Expenditures288.6 M274.9 M193 M
Slightly volatile
Total Cash From Operating Activities808.3 M769.8 M340 M
Slightly volatile
End Period Cash Flow302.9 M288.5 M142.9 M
Slightly volatile
Dividends Paid49.4 M30.8 M82.5 M
Pretty Stable
Stock Based Compensation16.8 M30.2 M20.6 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 Ratio1.862.75523.2912
Slightly volatile
Dividend Yield0.00360.00380.0065
Slightly volatile
Days Sales Outstanding30.7917.3824.3125
Slightly volatile
Operating Cash Flow Per Share11.4110.86524.3106
Slightly volatile
Stock Based Compensation To Revenue0.01250.01030.0158
Very volatile
Capex To Depreciation1.091.14781.4788
Slightly volatile
EV To Sales2.33.02944.1787
Slightly volatile
ROIC2.482.36350.3432
Slightly 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 Revenue0.150.0940.1172
Slightly volatile
Cash Per Share2.242.131.2674
Slightly volatile
POCF Ratio11.010.47216.4516
Pretty Stable
Interest Coverage2.352.47365.1478
Slightly volatile
Capex To Operating Cash Flow0.370.35710.5276
Slightly volatile
Days Payables Outstanding35.4142.1429.7987
Slightly volatile
EV To Operating Cash Flow12.0911.514420.4595
Pretty Stable
Intangibles To Total Assets0.220.410.367
Pretty Stable
Current Ratio0.760.650.6836
Very volatile
Receivables Turnover11.7321.7416.6057
Slightly volatile
Capex Per Share4.073.882.4923
Slightly volatile
Revenue Per Share43.3641.297118.0073
Slightly volatile
Interest Debt Per Share8.7715.528620.5192
Slightly volatile
Debt To Assets1.221.16520.531
Slightly volatile
Enterprise Value Over EBITDA10.388.28715.7197
Pretty Stable
Graham Number41.1939.2320.0481
Slightly volatile
Short Term Coverage Ratios13.3814.0833.0713
Pretty Stable
Operating Cycle31.1620.0924.8541
Slightly volatile
Days Of Payables Outstanding35.4142.1429.7987
Slightly volatile
Price To Operating Cash Flows Ratio11.010.47216.4516
Pretty Stable
Pretax Profit Margin0.10.1820.1547
Slightly volatile
Ebt Per Ebit1.030.7230.9676
Very volatile
Operating Profit Margin0.260.25170.165
Slightly volatile
Long Term Debt To Capitalization1.41.33790.6777
Slightly volatile
Total Debt To Capitalization1.41.33790.6741
Slightly volatile
Return On Capital Employed1.291.22770.2335
Slightly volatile
Ebit Per Revenue0.260.25170.165
Slightly volatile
Quick Ratio0.760.630.6801
Very volatile
Dividend Paid And Capex Coverage Ratio1.312.51822.1309
Slightly volatile
Cash Ratio0.260.280.2702
Very volatile
Operating Cash Flow Sales Ratio0.140.26310.2111
Slightly volatile
Days Of Inventory Outstanding2.152.123.4264
Slightly volatile
Days Of Sales Outstanding30.7917.3824.3125
Slightly volatile
Cash Flow Coverage Ratios1.430.95931.2525
Slightly volatile
Fixed Asset Turnover9.779.30332.3522
Slightly volatile
Capital Expenditure Coverage Ratio2.412.80032.9093
Slightly volatile
Price Cash Flow Ratio11.010.47216.4516
Pretty Stable
Enterprise Value Multiple10.388.28715.7197
Pretty Stable
Debt Ratio1.221.16520.531
Slightly volatile
Cash Flow To Debt Ratio1.430.95931.2525
Slightly volatile
Price Sales Ratio1.862.75523.2912
Slightly volatile
Asset Turnover4.464.24840.9728
Slightly volatile
Gross Profit Margin0.280.33580.2788
Pretty Stable

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 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 Revenue2.9 B3.1 B
Cost Of Revenue1.9 B2 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.09  0.08 
Capex To Revenue 0.09  0.15 
Revenue Per Share 41.30  43.36 
Ebit Per Revenue 0.25  0.26 

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 together with Churchill Stock

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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Hotels, Restaurants & Leisure sector continue expanding? Could Churchill diversify its offerings? Factors like these will boost the valuation of Churchill Downs. Projected growth potential of Churchill fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Churchill Downs data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.438
Earnings Share
5.5
Revenue Per Share
40.979
Quarterly Revenue Growth
0.067
Understanding Churchill Downs requires distinguishing between market price and book value, where the latter reflects Churchill's accounting equity. The concept of intrinsic value - what Churchill Downs' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Churchill Downs' price substantially above or below its fundamental 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
It's important to distinguish between Churchill Downs' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Churchill Downs should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Churchill Downs' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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