Churchill Downs Inc (CHDN)

87.07USD -3.56% (-3.21)

Over 1M: -0.9%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

87.5 90 92.5
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Operating Income: 67.6M Q4 '21 — Operating Income: 34.7M Q1 '22 — Operating Income: 47.4M Q2 '22 — Operating Income: 199.7M Q3 '22 — Operating Income: 63M Q4 '22 — Operating Income: 11.7M Q1 '23 — Operating Income: 119.9M Q2 '23 — Operating Income: 225.6M Q3 '23 — Operating Income: 112.3M Q4 '23 — Operating Income: 106.2M Q1 '24 — Operating Income: 126.3M Q2 '24 — Operating Income: 330M Q3 '24 — Operating Income: 125.9M Q4 '24 — Operating Income: 126.8M Q1 '25 — Operating Income: 135M Q2 '25 — Operating Income: 327M Q3 '25 — Operating Income: 98M Q4 '25 — Operating Income: 123.5M Q1 '26 — Operating Income: 143M Q2 '26 — Operating Income: 357M 0 80M 160M 240M 320M 400M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Gross Profit Operating Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

5.6
OE margin 19.6%
Oper. margin 24.1%
ROIC 9.0%
Accruals -4.7%
ROE 30.8%
FCF margin 20.7%
OCF margin 25.7%
ROA 5.5%
ROCE 11.7%
OCF / EBIT 1.1×
Gross margin —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

8.3
EV/EBIT 15.3×
EV/OE 18.8×
FCF yield 10.2%
P/E 14.7×
EV/Sales 3.7×
P/B 4.5×
P/C 31.0×
Div. yield 0.52%
EV/GP —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

5.0
RPO / sales 0.066×
Segment HHI 0.51 HHI
RPO growth -15.8%

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.6
ND/EBITDA -0.45
Current ratio 0.36×
Payout 7.7%
F-score 6.8 pts
Debt payback 8.1 yr
Cash / Debt 0.038×
Debt / Eq 3.9×
Quick ratio 0.35×
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.3
Sales CAGR 4Y +16.3%
Sales/sh Y/Y +9.9%
EBIT CAGR +26.0%
Div. growth +5.5%
EPS Y/Y -0.36%
EBIT Y/Y +0.95%
Sales Q/Q +4.9%
EPS CAGR 4Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.