Churchill Downs Inc CHDN

Latest FY: 2025 Consumer Cyclical Gambling
Market Price $82.79
Market Cap $5.77B
P/E Ratio 15.65
Quick Peer Compare (Consumer Cyclical):
Revenue (FY 2025) ↑7.0% YoY
$2.93B
3-Yr CAGR: 17.4%
Net Income ↓-10.3% YoY
$383.00M
Net Margin: 13.1%
Free Cash Flow ↑37.8% YoY
$309.60M
FCF Yield: 5.37%
EPS (Diluted) ↓-6.9% YoY
$5.29
Basic: $5.32
Return on Equity Efficiency
37.9%
ROA: 5.1%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (CHDN)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $822.4M $778.7M $108.1M $6.42 $1.14 4.53% $226.8M $195.9M
FY 2017 $882.6M +7.3% $833.3M $140.5M +30.0% $8.77 +36.6% $1.34 3.47% $218.2M $184.9M -5.6%
FY 2018 $1,009.0M +14.3% $968.9M $352.8M +151.1% $8.48 -3.3% $0.57 1.40% $197.8M $168.2M -9.0%
FY 2019 $1,329.7M +31.8% $1,258.8M $137.5M -61.0% $3.38 -60.1% $0.55 0.80% $289.6M
FY 2020 $1,054.0M -20.7% $974.0M $-81.9M -159.6% $-2.08 -161.5% $0.58 0.60% $141.9M
FY 2021 $1,597.2M +51.5% $1,512.5M $249.1M +404.2% $6.35 +405.3% $0.63 0.53% $459.5M $459.5M
FY 2022 $1,809.8M +13.3% $1,662.5M $439.4M +76.4% $11.42 +79.8% $0.69 0.65% $510.8M $54.0M -88.2%
FY 2023 $2,461.7M +36.0% $2,193.3M $417.3M -5.0% $5.49 -51.9% $0.36 0.27% $605.3M $-71.2M -231.9%
FY 2024 $2,734.3M +11.1% $2,444.5M $426.8M +2.3% $5.68 +3.5% $0.41 0.31% $771.7M $224.7M +415.6%
FY 2025 $2,925.9M +7.0% $2,628.2M $383.0M -10.3% $5.29 -6.9% $0.44 0.38% $769.8M $309.6M +37.8%
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Valuation

Market Price $82.79
Market Cap $5.77B
Enterprise Value $10.70B
P/E Ratio 15.65
P/B Ratio 5.71
FCF Yield 5.37%
Dividend Yield 0.53%
Shares Outstanding 69,696,900
%

Profitability & Margins

Gross Margin 89.83%
Operating Margin 23.37%
Net Margin 13.09%
Return on Equity (ROE) 37.93%
Return on Assets (ROA) 5.12%
Asset Turnover 0.39x
Revenue 3-Yr CAGR 17.37%
🛡️

Financial Health & Liquidity

Current Ratio 0.60
Cash Ratio 0.27
Debt / Equity 5.081
Debt / Assets 0.685
Cash & Equivalents $200.60M
Total Debt $5.13B
Book Value / Share $14.49
💧

Cash Flow Efficiency

Operating Cash Flow $769.80M
Capital Expenditures (CapEx) $460.20M
Free Cash Flow $309.60M
OCF / Revenue 26.31%
FCF / Revenue 10.58%
FCF 3-Yr CAGR 78.98%
🏷️

Per Share Metrics

EPS (Diluted) $5.29
EPS (Basic) $5.32
Dividends / Share $0.44
Book Value / Share $14.49
EPS YoY Growth -6.87%
🏛️

Balance Sheet (FY 2025)

Total Assets $7.48B
Total Liabilities $6.43B
Stockholders' Equity $1.01B
Current Assets $443.20M
Current Liabilities $733.30M