← Churchill Downs Inc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $822.4m |
$882.6m
+7.32%
|
$1.0b
+14.32%
|
$1.3b
+31.78%
|
$1.1b
-20.73%
|
$1.6b
+51.54%
|
$1.8b
+13.31%
|
$2.5b
+36.02%
|
$2.7b
+11.07%
|
$2.9b
+7.01%
|
$3.0b
+2.26%
|
|
| Interest Income (Expense), Net | ($43.7m) | — | — | — | — | ($84.7m) |
($147.3m)
-73.91%
|
($268.4m)
-82.21%
|
($289.8m)
-7.97%
|
($297.7m)
-2.73%
|
— | |
| Research and Development Expense | $39.0m | — | — | — | — | — | — | — | — | — | — | |
| Selling, General and Administrative Expense | $100.2m | $83.1m | $90.5m | $122.0m | $114.8m | $138.5m | $164.2m | $202.3m | $237.7m | $246.2m | $250.2m | |
| Marketing and Advertising Expense | — | — | — | $41.8m | $31.4m | $74.5m | $52.9m | $83.4m | $90.7m | $101.9m | — | |
| Amortization of Intangible Assets | $52.9m | $6.8m | $6.0m | $15.0m | $4.9m | $4.8m | $4.7m | $7.2m | $11.1m | $10.3m | — | |
| Operating Expenses | $1.1b | $736.9m | $820.2m | $1.1b | $993.8m | $1.3b | $1.5b | $1.9b | $2.0b | $2.2b | $2.2b | |
| Operating Income (Loss) | $194.2m |
$145.7m
-24.97%
|
$188.8m
+29.58%
|
$215.7m
+14.25%
|
$60.2m
-72.09%
|
$284.4m
+372.43%
|
$321.8m
+13.15%
|
$564.0m
+75.26%
|
$709.0m
+25.71%
|
$683.8m
-3.55%
|
$772.4m
+12.96%
|
|
| Interest Expense | $43.7m | $49.3m | $40.1m | $70.9m | $80.0m | $84.7m | $147.3m | $268.4m | — | — | $292.7m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | $9.1m | $6.9m | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $289.8m | $297.7m | $292.7m | |
| Income (Loss) from Equity Method Investments | $17.4m | $25.5m | $29.6m | $50.6m | $27.7m | $143.2m | $152.7m | $146.3m | $144.9m | $139.4m | — | |
| Nonoperating Income (Expense) | ($26.1m) | ($43.2m) | $45.1m | ($19.3m) | ($52.2m) | $59.2m | $287.0m | ($2.2m) | ($135.8m) | ($151.4m) | — | |
| Other Expenses | $16.5m | $17.8m | $32.2m | $89.0m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $168.7m | $102.2m | $234.2m | $196.4m | $8.2m | $343.7m | $608.9m | $561.8m | $573.2m | $532.4m | $585.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $168.1m | $102.5m | $233.9m | $196.4m | $8.0m | $343.6m | $608.8m | $561.8m | $573.2m | $532.4m | $585.4m | |
| Current Income Tax Expense (Benefit) | $24.6m | $32.5m | $13.9m | $25.2m | ($35.6m) | $84.7m | $60.7m | $97.1m | $99.6m | $60.1m | $169.9m | |
| Income Tax Expense (Benefit) | $60.0m | ($19.9m) | $51.3m | $56.8m | ($5.3m) | $94.5m | $169.4m | $144.5m | $144.1m | $146.9m | $169.9m | |
| Net Income (Loss) Attributable to Parent | $108.1m |
$140.5m
+29.97%
|
$352.8m
+151.10%
|
$137.5m
-61.03%
|
($81.9m)
-159.56%
|
$249.1m
+404.15%
|
$439.4m
+76.40%
|
$417.3m
-5.03%
|
$426.8m
+2.28%
|
$383.0m
-10.26%
|
$409.7m
+6.97%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $107.1m |
$140.4m
+31.09%
|
$352.8m
+151.28%
|
$137.5m
-61.03%
|
($81.9m)
-159.56%
|
$249.1m
+404.15%
|
$439.4m
+76.40%
|
$417.3m
-5.03%
|
$423.8m
+1.56%
|
$379.7m
-10.41%
|
$409.7m
+7.90%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $0 | $0 | ($300k) | ($200k) | $0 | $0 | $0 | $2.3m | $2.5m | $409.7m | |
| Earnings Per Share, Basic | $6.52 | $8.91 | $8.54 | $3.43 | ($2.07) | $6.45 | $11.58 | $5.55 | $5.73 | $5.32 | $5.89 | |
| Earnings Per Share, Diluted | $6.42 | $8.77 | $8.48 | $3.38 | ($2.08) | $6.35 | $11.42 | $5.49 | $5.68 | $5.29 | $5.89 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $7 | $8 | $4 | $3 | $0 | $6 | $12 | $6 | $6 | $5 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $6 | $8 | $4 | $3 | $0 | $6 | $11 | $5 | $6 | $5 | — | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.36 | $0.41 | $0.44 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 16.4m | 15.7m | 41.3m | 40.1m | 39.6m | 38.6m | 37.9m | 75.2m | 74.0m | 71.4m | 69.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 16.8m | 16.0m | 41.6m | 40.6m | 40.1m | 39.2m | 38.5m | 76.1m | 74.6m | 71.8m | 70.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $3.4m | $3.9m | — | — | — | — | — | $4.8m | — | — | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | — | $45.5m | |
| Other Cost and Expense, Operating | — | $1.5m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $122.4m | $182.6m | $139.6m | $13.3m | $249.1m | $439.4m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $122.4m | $182.6m | $139.9m | $13.5m | $249.1m | $439.4m | $0 | $2.3m | $2.5m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $0 | $0 | $300k | $200k | $0 | $0 | $0 | $2.3m | $2.5m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $18.1m | $170.2m | ($2.4m) | ($95.4m) | $0 | $0 | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.