Churchill Downs Incorporated Net Income
| CHDN Stock | USD 94.78 1.80 1.86% |
As of the 11th of February 2026, Churchill Downs shows the Standard Deviation of 1.49, mean deviation of 1.13, and Risk Adjusted Performance of (0.01). Churchill Downs technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Churchill Downs Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 3.9887 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 493.5 M | 518.1 M | |
| Net Income Applicable To Common Shares | 505.3 M | 530.6 M | |
| Net Income From Continuing Ops | 493.5 M | 518.1 M | |
| Net Income Per Share | 5.19 | 5.45 | |
| Net Income Per E B T | 0.86 | 0.46 |
Churchill | Net Income | Build AI portfolio with Churchill Stock |
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.
| View | Last Reported 429.1 M | 10 Years Trend |
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Net Income |
| Timeline |
Churchill Net Income Regression Statistics
| Arithmetic Mean | 205,339,176 | |
| Coefficient Of Variation | 94.28 | |
| Mean Deviation | 171,083,149 | |
| Median | 137,500,000 | |
| Standard Deviation | 193,588,574 | |
| Sample Variance | 37476.5T | |
| Range | 597.3M | |
| R-Value | 0.82 | |
| Mean Square Error | 13099.2T | |
| R-Squared | 0.67 | |
| Significance | 0.000056 | |
| Slope | 31,433,745 | |
| Total Sum of Squares | 599624.6T |
Churchill Net Income History
Other Fundumenentals of Churchill Downs
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Churchill Downs Net Income component correlations
Churchill Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Churchill Downs is extremely important. It helps to project a fair market value of Churchill Stock properly, considering its historical fundamentals such as Net Income. Since Churchill Downs' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Churchill Downs' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Churchill Downs' interrelated accounts and indicators.
Click cells to compare fundamentals
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 | 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.
Churchill Downs 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Churchill Downs' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Churchill Downs.
| 11/13/2025 |
| 02/11/2026 |
If you would invest 0.00 in Churchill Downs on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding Churchill Downs Incorporated or generate 0.0% return on investment in Churchill Downs over 90 days. Churchill Downs is related to or competes with Boyd Gaming, Mohawk Industries, Vail Resorts, Miniso Group, HR Block, Birkenstock Holding, and Allison Transmission. Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United State... More
Churchill Downs Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Churchill Downs' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Churchill Downs Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.46 |
Churchill Downs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Churchill Downs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Churchill Downs' standard deviation. In reality, there are many statistical measures that can use Churchill Downs historical prices to predict the future Churchill Downs' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Churchill Downs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Churchill Downs February 11, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | (7,175) | |||
| Standard Deviation | 1.49 | |||
| Variance | 2.22 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.46 | |||
| Skewness | 0.1623 | |||
| Kurtosis | 0.88 |
Churchill Downs Backtested Returns
Churchill Downs secures Sharpe Ratio (or Efficiency) of -0.0252, which signifies that the company had a -0.0252 % return per unit of risk over the last 3 months. Churchill Downs Incorporated exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Churchill Downs' Mean Deviation of 1.13, standard deviation of 1.49, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Churchill Downs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Churchill Downs is expected to be smaller as well. At this point, Churchill Downs has a negative expected return of -0.0376%. Please make sure to confirm Churchill Downs' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Churchill Downs performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.91 |
Near perfect reversele predictability
Churchill Downs Incorporated has near perfect reversele predictability. Overlapping area represents the amount of predictability between Churchill Downs time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Churchill Downs price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Churchill Downs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 49.42 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Churchill Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Churchill Downs Incorporated reported net income of 429.1 M. This is 15.97% lower than that of the Hotels, Restaurants & Leisure sector and significantly higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 24.85% higher than that of the company.
Churchill Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Churchill Downs' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Churchill Downs could also be used in its relative valuation, which is a method of valuing Churchill Downs by comparing valuation metrics of similar companies.Churchill Downs is currently under evaluation in net income category among its peers.
Churchill Downs ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Churchill Downs' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Churchill Downs' managers, analysts, and investors.Environmental | Governance | Social |
Churchill Downs Institutional Holders
Institutional Holdings refers to the ownership stake in Churchill Downs that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Churchill Downs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Churchill Downs' value.| Shares | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2025-06-30 | 930.5 K | Arrowstreet Capital Limited Partnership | 2025-06-30 | 923.7 K | Ameriprise Financial Inc | 2025-06-30 | 793.3 K | Aqr Capital Management Llc | 2025-06-30 | 788 K | Hhg Plc | 2025-06-30 | 717.9 K | Morgan Stanley - Brokerage Accounts | 2025-06-30 | 697.9 K | Bank Of America Corp | 2025-06-30 | 671.8 K | Schroder Investment Management Group | 2025-06-30 | 649.1 K | Gw&k Investment Management, Llc | 2025-06-30 | 625.4 K | Blackrock Inc | 2025-06-30 | 6.8 M | Vanguard Group Inc | 2025-06-30 | 6.6 M |
Churchill Fundamentals
| Return On Equity | 0.37 | ||||
| Return On Asset | 0.062 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 11.5 B | ||||
| Shares Outstanding | 69.73 M | ||||
| Shares Owned By Insiders | 6.07 % | ||||
| Shares Owned By Institutions | 80.00 % | ||||
| Number Of Shares Shorted | 2.19 M | ||||
| Price To Earning | 16.29 X | ||||
| Price To Book | 6.35 X | ||||
| Price To Sales | 2.29 X | ||||
| Revenue | 2.73 B | ||||
| Gross Profit | 965.6 M | ||||
| EBITDA | 1.07 B | ||||
| Net Income | 429.1 M | ||||
| Cash And Equivalents | 110.6 M | ||||
| Cash Per Share | 3.01 X | ||||
| Total Debt | 4.92 B | ||||
| Debt To Equity | 5.26 % | ||||
| Current Ratio | 3.67 X | ||||
| Book Value Per Share | 14.83 X | ||||
| Cash Flow From Operations | 772.7 M | ||||
| Short Ratio | 3.19 X | ||||
| Earnings Per Share | 5.50 X | ||||
| Price To Earnings To Growth | 2.58 X | ||||
| Target Price | 138.08 | ||||
| Number Of Employees | 6.48 K | ||||
| Beta | 0.64 | ||||
| Market Capitalization | 6.61 B | ||||
| Total Asset | 7.28 B | ||||
| Retained Earnings | 1.08 B | ||||
| Working Capital | (317 M) | ||||
| Current Asset | 219.6 M | ||||
| Current Liabilities | 640.1 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.44 % | ||||
| Net Asset | 7.28 B | ||||
| Last Dividend Paid | 0.41 |
About Churchill Downs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Churchill Downs Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Churchill Downs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Churchill Downs Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
Moving against Churchill Stock
| 0.84 | BBT | Betr Entertainment | PairCorr |
| 0.66 | SHAK | Shake Shack | PairCorr |
| 0.53 | AGI | Ainsworth Game Technology | PairCorr |
| 0.51 | SBUX | Starbucks | PairCorr |
| 0.33 | YUMC | Yum China Holdings | PairCorr |
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.Check out You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 | 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.