Churchill Net Income from 2010 to 2026

CHDN Stock  USD 98.36  0.43  0.44%   
Churchill Downs Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 515.4 M this year. During the period from 2010 to 2026, Churchill Downs Net Income quarterly data regression pattern had range of 597.3 M and standard deviation of  193,588,574. View All Fundamentals
 
Net Income  
First Reported
1993-03-31
Previous Quarter
216.9 M
Current Value
37.9 M
Quarterly Volatility
52 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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.
Evaluating Churchill Downs's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Churchill Downs Incorporated's fundamental strength.

Latest Churchill Downs' Net Income Growth Pattern

Below is the plot of the Net Income of Churchill Downs Incorporated over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Churchill Downs financial statement analysis. It represents the amount of money remaining after all of Churchill Downs Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Churchill Downs' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Churchill Downs' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 429.1 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Churchill Net Income Regression Statistics

Arithmetic Mean205,339,176
Coefficient Of Variation94.28
Mean Deviation171,083,149
Median137,500,000
Standard Deviation193,588,574
Sample Variance37476.5T
Range597.3M
R-Value0.82
Mean Square Error13099.2T
R-Squared0.67
Significance0.000056
Slope31,433,745
Total Sum of Squares599624.6T

Churchill Net Income History

2026515.4 M
2025490.8 M
2024426.8 M
2023417.3 M
2022439.4 M
2021249.1 M
2020-81.9 M

Other Fundumenentals of Churchill Downs

Churchill Downs Net Income component correlations

About Churchill Downs Financial Statements

Churchill Downs investors utilize fundamental indicators, such as 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
Net Income493.5 M518.1 M
Net Income Applicable To Common Shares505.3 M530.6 M
Net Income From Continuing Ops493.5 M518.1 M
Net Income Per Share 5.19  5.45 
Net Income Per E B T 0.86  0.46 

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:
Check out the analysis of Churchill Downs Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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
(0.37)
Dividend Share
0.409
Earnings Share
5.5
Revenue Per Share
39.823
Quarterly Revenue Growth
0.087
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.
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.