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Churchill Downs Incorporated (CHDN)

NASDAQ: CHDN · USD

$81.8

+0.27 (+0.3%)· Recorded snapshot

Market cap	5.7B
Revenue (ttm)	3B
Net income (ttm)	412M
EPS (ttm)	$5.88
Shares out	69.7M
P/E (trailing)	13.9x
P/E (forward)	11.5x
Dividend	$0.44 (0.54%)
Volume	942,918
Beta	0.77

Market data

Price

Recent price action with selectable time range.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	Verkaufen
AMZN	Amazon.com Inc.	2.7T	20.5x	3.5x	11.9%	+11.8%	+12.2%	Verkaufen
APTV	Aptiv PLC	9.1B	42.8x	0.4x	7.8%	+5.5%	-49.2%	Kaufen

Metric	Value
Amount currency	USD
CIK code	0000020212
Company name	Churchill Downs Incorporated
Country	United States
Country code	US
CUSIP number	171484108
Earnings date	2026-10-28
Earnings time	amc
Employees	9,000
Employees change	130
Employees growth	1.47%
Enterprise value	$10.4B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1928
Industry	Gambling
Is primary listing	Yes
Is SPAC	No
ISIN number	US1714841087
Last 10-K release date	2026-02-25
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Last stock split date	2023-05-22
Last stock split type	Forward
Market cap	$5.7B
Market cap category	Mid-Cap
Next earnings date	2027-02-24
Options	Yes
Price	$81.79
Price currency	USD
Sector	Consumer Discretionary
SIC code	7948
Stock price date	2026-10-28
Symbol	CHDN
Tags	sports-betting
U.S. state	Kentucky
Website	https://www.churchilldownsincorporated.com

Metric

Value

Amount currency

USD

CIK code

0000020212

Company name

Churchill Downs Incorporated

Country

United States

Country code

CUSIP number

171484108

Earnings date

2026-10-28

Earnings time

amc

Employees

9,000

Employees change

130

Employees growth

1.47%

Enterprise value

$10.4B

Exchange

NASDAQ

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-09

Fiscal year end

December

Founded

1928

Industry

Gambling

Is primary listing

Yes

Is SPAC

ISIN number

US1714841087

Last 10-K release date

2026-02-25

Last earnings date

2026-10-28

Last refreshed

2026-10-28

Last stock split date

2023-05-22

Last stock split type

Forward

Market cap

$5.7B

Market cap category

Mid-Cap

Next earnings date

2027-02-24

Options

Yes

Price

$81.79

Price currency

USD

Sector

Consumer Discretionary

SIC code

7948

Stock price date

2026-10-28

Symbol

CHDN

Tags

sports-betting

U.S. state

Kentucky

Website

https://www.churchilldownsincorporated.com

Metric	Value
Adjusted P/E ratio	12.17x
Average P/E ratio (10Y)	23.41x
Average P/E ratio (3Y)	21.02x
Average P/E ratio (5Y)	22.89x
Earnings yield	7.18%
EV/Earnings	25.24x
EV/EBIT	13.46x
EV/EBITDA	10.5x
EV/FCF	18.31x
EV/Sales	3.48x
FCF / EV yield	5.46%
FCF yield	9.9%
Forward EV/Sales	3.42x
Forward P/E	11.49x
Forward P/S	1.89x
Graham number	50.3252
Graham upside	-38.86%
Industry forward P/E	15.76x
Industry P/E	851.62x
Lynch fair value	$88.23
Lynch upside	7.19%
P/(FCF - SBC) ratio	10.71x
P/(OCF - SBC) ratio	7.52x
P/B ratio	4.26x
P/E ratio	13.92x
P/FCF ratio	10.1x
P/OCF ratio	7.22x
P/S ratio	1.92x
PEG ratio	0.85x
Price/EBITDA ratio	5.79x
Sector forward P/E	24.43x
Sector P/E	30.53x

Metric

Value

Adjusted P/E ratio

12.17x

Average P/E ratio (10Y)

23.41x

Average P/E ratio (3Y)

21.02x

Average P/E ratio (5Y)

22.89x

Earnings yield

7.18%

EV/Earnings

25.24x

EV/EBIT

13.46x

EV/EBITDA

10.5x

EV/FCF

18.31x

EV/Sales

3.48x

FCF / EV yield

5.46%

FCF yield

9.9%

Forward EV/Sales

3.42x

Forward P/E

11.49x

Forward P/S

1.89x

Graham number

50.3252

Graham upside

-38.86%

Industry forward P/E

15.76x

Industry P/E

851.62x

Lynch fair value

$88.23

Lynch upside

7.19%

P/(FCF - SBC) ratio

10.71x

P/(OCF - SBC) ratio

7.52x

P/B ratio

4.26x

P/E ratio

13.92x

P/FCF ratio

10.1x

P/OCF ratio

7.22x

P/S ratio

1.92x

PEG ratio

0.85x

Price/EBITDA ratio

5.79x

Sector forward P/E

24.43x

Sector P/E

30.53x

Metric	Value
EBIT margin	25.82%
EBITDA margin	33.11%
Effective tax rate	29.02%
FCF margin	18.98%
Gross margin	34.18%
Operating margin	25.82%
Pretax margin	19.57%
Profit margin	13.8%
Profit per employee	$45,778
Profitable quarters	24
Profitable years	5
Revenue per employee	$332,433
ROA	6.48%
ROA (5Y)	6.06%
ROCE	12.53%
ROE	33.85%
ROE (5Y)	62.55%
ROIC	9.13%
ROIC (5Y)	9.23%
SBC / revenue	1.08%
Tax / revenue	5.68%

Metric

Value

EBIT margin

25.82%

EBITDA margin

33.11%

Effective tax rate

29.02%

FCF margin

18.98%

Gross margin

34.18%

Operating margin

25.82%

Pretax margin

19.57%

Profit margin

13.8%

Profit per employee

$45,778

Profitable quarters

Profitable years

Revenue per employee

$332,433

ROA

6.48%

ROA (5Y)

6.06%

ROCE

12.53%

ROE

33.85%

ROE (5Y)

62.55%

ROIC

9.13%

ROIC (5Y)

9.23%

SBC / revenue

1.08%

Tax / revenue

5.68%

Metric	Value
EPS growth	1.16%
EPS growth (Q)	14.38%
EPS growth (QoQ)	195.56%
EPS growth 10Y	21.85%
EPS growth 3Y	7.98%
EPS growth 5Y	18.16%
EPS growth quarters	2
EPS growth years	0
FCF growth	54.74%
FCF growth (Q)	2.58%
FCF growth (QoQ)	-32.63%
FCF growth 5Y	31.8%
Gross profit growth	7.95%
Gross profit growth (Q)	6.89%
Gross profit growth 3Y	13.22%
Gross profit growth 5Y	20.77%
Net income growth	-4.2%
Net income growth (Q)	11.06%
Net income growth (QoQ)	196.3%
Net income growth 3Y	4.92%
Net income growth 5Y	15.02%
Net income growth quarters	2
Net income growth years	0
OCF growth	0.99%
OCF growth (Q)	-9.58%
OCF growth (QoQ)	-26.44%
OCF growth 10Y	12.86%
OCF growth 3Y	12.44%
OCF growth 5Y	23.62%
Operating income growth	9.44%
Operating income growth (Q)	8.16%
Operating income growth 3Y	14.52%
Operating income growth 5Y	23.75%
Revenue growth	5.73%
Revenue growth (Q)	4.93%
Revenue growth (QoQ)	47.81%
Revenue growth 10Y	8.87%
Revenue growth 3Y	10.94%
Revenue growth 5Y	15.5%
Revenue growth quarters	15
Revenue growth years	5

Metric

Value

EPS growth

1.16%

EPS growth (Q)

14.38%

EPS growth (QoQ)

195.56%

EPS growth 10Y

21.85%

EPS growth 3Y

7.98%

EPS growth 5Y

18.16%

EPS growth quarters

EPS growth years

FCF growth

54.74%

FCF growth (Q)

2.58%

FCF growth (QoQ)

-32.63%

FCF growth 5Y

31.8%

Gross profit growth

7.95%

Gross profit growth (Q)

6.89%

Gross profit growth 3Y

13.22%

Gross profit growth 5Y

20.77%

Net income growth

-4.2%

Net income growth (Q)

11.06%

Net income growth (QoQ)

196.3%

Net income growth 3Y

4.92%

Net income growth 5Y

15.02%

Net income growth quarters

Net income growth years

OCF growth

0.99%

OCF growth (Q)

-9.58%

OCF growth (QoQ)

-26.44%

OCF growth 10Y

12.86%

OCF growth 3Y

12.44%

OCF growth 5Y

23.62%

Operating income growth

9.44%

Operating income growth (Q)

8.16%

Operating income growth 3Y

14.52%

Operating income growth 5Y

23.75%

Revenue growth

5.73%

Revenue growth (Q)

4.93%

Revenue growth (QoQ)

47.81%

Revenue growth 10Y

8.87%

Revenue growth 3Y

10.94%

Revenue growth 5Y

15.5%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	$-226.9M
Depreciation and amortization	$218.3M
EBIT	$772.4M
EBITDA	$990.7M
EPS	$5.88
FCF per share	$8.15
Financing cash flow	$-362.5M
Free cash flow	$567.9M
Free cash flow minus SBC	$535.7M
Gross profit	$1B
Income taxes	$169.9M
Investing cash flow	$-424.5M
Net borrowing	$-227.9M
Net cash flow	$7.8M
Net income	$412M
Operating cash flow minus SBC	$762.6M
Operating income	$772.4M
Revenue	$3B
Stock-based compensation	$32.2M

Metric

Value

Capital expenditures

$-226.9M

Depreciation and amortization

$218.3M

EBIT

$772.4M

EBITDA

$990.7M

EPS

$5.88

FCF per share

$8.15

Financing cash flow

$-362.5M

Free cash flow

$567.9M

Free cash flow minus SBC

$535.7M

Gross profit

$1B

Income taxes

$169.9M

Investing cash flow

$-424.5M

Net borrowing

$-227.9M

Net cash flow

$7.8M

Net income

$412M

Operating cash flow minus SBC

$762.6M

Operating income

$772.4M

Revenue

$3B

Stock-based compensation

$32.2M

Metric	Value
Altman Z-Score	1.52
Book value per share	$19.16
Debt / EBITDA	4.75
Debt / equity	3.49
Debt / FCF	8.55
Goodwill	$900M
Interest coverage	2.64
Long-term assets	$7B
Long-term liabilities	$4.8B
Net cash (debt)	$-4.7B
Net cash / market cap	-81.24%
Net debt / EBITDA	4.7
Net debt / equity	3.35
Net debt / FCF	8.21
Piotroski F-Score	7
Property, plant and equipment	$2.9B
Shareholders' equity	$1.4B
Tangible book value	$-2.1B
Tangible book value per share	$-29.60
Total assets	$7.5B
Total cash	$196M
Total debt	$4.9B
Total liabilities	$6.1B
WACC	6.55%

Metric

Value

Altman Z-Score

1.52

Book value per share

$19.16

Debt / EBITDA

4.75

Debt / equity

3.49

Debt / FCF

8.55

Goodwill

$900M

Interest coverage

2.64

Long-term assets

$7B

Long-term liabilities

$4.8B

Net cash (debt)

$-4.7B

Net cash / market cap

-81.24%

Net debt / EBITDA

4.7

Net debt / equity

3.35

Net debt / FCF

8.21

Piotroski F-Score

Property, plant and equipment

$2.9B

Shareholders' equity

$1.4B

Tangible book value

$-2.1B

Tangible book value per share

$-29.60

Total assets

$7.5B

Total cash

$196M

Total debt

$4.9B

Total liabilities

$6.1B

WACC

6.55%

Metric	Value
Asset turnover	0.4
Current assets	$484M
Current liabilities	$1.4B
Current ratio	0.36
Net working capital	$-400M
Quick ratio	0.24
Working capital	$-875M
Working capital turnover	-5.06

Metric

Value

Asset turnover

0.4

Current assets

$484M

Current liabilities

$1.4B

Current ratio

0.36

Net working capital

$-400M

Quick ratio

0.24

Working capital

$-875M

Working capital turnover

-5.06

Metric	Value
Buyback yield / dilution	4.74%
Dividend growth	7.09%
Dividend growth (10Y)	8.62%
Dividend growth (3Y)	7.05%
Dividend growth (5Y)	7.09%
Dividend growth years	15
Dividend payment date	2026-01-06
Dividend payment years	52
Dividend payout frequency	Annual
Dividend per share	$0.44
Dividend yield	0.54%
Ex-dividend date	2025-12-05
FCF payout ratio	5.38%
Last dividend	$0.44
Payout ratio	7.45%
Shareholder yield	5.28%

Metric

Value

Buyback yield / dilution

4.74%

Dividend growth

7.09%

Dividend growth (10Y)

8.62%

Dividend growth (3Y)

7.05%

Dividend growth (5Y)

7.09%

Dividend growth years

Dividend payment date

2026-01-06

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

$0.44

Dividend yield

0.54%

Ex-dividend date

2025-12-05

FCF payout ratio

5.38%

Last dividend

$0.44

Payout ratio

7.45%

Shareholder yield

5.28%

Metric	Value
10Y price change	255.73%
10Y return CAGR	14.05%
10Y total return	272.4%
150-day SMA	$86.58
15Y price change	887.86%
15Y return CAGR	17.26%
15Y total return	988.93%
1D price change	0.33%
1M price change	2.02%
1M total return	2.02%
1W price change	-1.98%
1W total return	-1.98%
1Y price change	-21.07%
1Y return CAGR	-20.78%
1Y total return	-20.77%
20-day SMA	$80.25
200-day SMA	$88.30
20Y price change	1,045.71%
20Y return CAGR	13.86%
20Y total return	1,239.87%
3M price change	-7.7%
3M total return	-7.7%
3Y price change	-25%
3Y return CAGR	-8.83%
3Y total return	-24.23%
50-day SMA	$82.88
50-day SMA vs 200-day SMA	50under200
52-week high	$118.35
52-week high date	2025-12-16
52-week low	$73.09
52-week low date	2026-10-08
5Y price change	-35%
5Y return CAGR	-7.96%
5Y total return	-33.93%
6M price change	-18.94%
6M total return	-18.94%
All-time high	$150.45
All-time high date	2023-05-03
All-time low	$2.00
All-time low date	1990-10-23
Average true range (ATR)	$2.52
Average volume	1.1M
Beta (1Y)	0.51
Beta (2Y)	0.59
Beta (5Y)	0.77
Change from 52-week high	-30.89%
Change from 52-week low	11.91%
Change from all-time high	-45.91%
Change from all-time low	3,969%
Change from open	-0.82%
Day's gap	1.17%
Dollar volume	$77.1M
High price	$82.83
Low price	$81.17
Monthly RSI	39.98
Open price	$82.47
Position in 52-week range	37.35%
Premarket change	-0.15%
Premarket close	$81.52
Premarket price	$81.40
Premarket volume	1.3K
Previous close	$81.52
Price vs 150-day SMA	-6.01%
Price vs 20-day SMA	1.4%
Price vs 200-day SMA	-7.83%
Price vs 50-day SMA	-1.81%
Relative volume	0.87
RSI	49.64
Sharpe ratio	-0.62
Sharpe ratio (3Y)	-0.3
Sharpe ratio (5Y)	-0.22
Sortino ratio	-0.71
Sortino ratio (3Y)	-0.24
Sortino ratio (5Y)	-0.14
Volume	942.9K
Weekly RSI	43.28
YTD price change	-28.48%
YTD total return	-28.48%

Metric

Value

10Y price change

255.73%

10Y return CAGR

14.05%

10Y total return

272.4%

150-day SMA

$86.58

15Y price change

887.86%

15Y return CAGR

17.26%

15Y total return

988.93%

1D price change

0.33%

1M price change

2.02%

1M total return

2.02%

1W price change

-1.98%

1W total return

-1.98%

1Y price change

-21.07%

1Y return CAGR

-20.78%

1Y total return

-20.77%

20-day SMA

$80.25

200-day SMA

$88.30

20Y price change

1,045.71%

20Y return CAGR

13.86%

20Y total return

1,239.87%

3M price change

-7.7%

3M total return

-7.7%

3Y price change

-25%

3Y return CAGR

-8.83%

3Y total return

-24.23%

50-day SMA

$82.88

50-day SMA vs 200-day SMA

50under200

52-week high

$118.35

52-week high date

2025-12-16

52-week low

$73.09

52-week low date

2026-10-08

5Y price change

-35%

5Y return CAGR

-7.96%

5Y total return

-33.93%

6M price change

-18.94%

6M total return

-18.94%

All-time high

$150.45

All-time high date

2023-05-03

All-time low

$2.00

All-time low date

1990-10-23

Average true range (ATR)

$2.52

Average volume

1.1M

Beta (1Y)

0.51

Beta (2Y)

0.59

Beta (5Y)

0.77

Change from 52-week high

-30.89%

Change from 52-week low

11.91%

Change from all-time high

-45.91%

Change from all-time low

3,969%

Change from open

-0.82%

Day's gap

1.17%

Dollar volume

$77.1M

High price

$82.83

Low price

$81.17

Monthly RSI

39.98

Open price

$82.47

Position in 52-week range

37.35%

Premarket change

-0.15%

Premarket close

$81.52

Premarket price

$81.40

Premarket volume

1.3K

Previous close

$81.52

Price vs 150-day SMA

-6.01%

Price vs 20-day SMA

1.4%

Price vs 200-day SMA

-7.83%

Price vs 50-day SMA

-1.81%

Relative volume

0.87

RSI

49.64

Sharpe ratio

-0.62

Sharpe ratio (3Y)

-0.3

Sharpe ratio (5Y)

-0.22

Sortino ratio

-0.71

Sortino ratio (3Y)

-0.24

Sortino ratio (5Y)

-0.14

Volume

942.9K

Weekly RSI

43.28

YTD price change

-28.48%

YTD total return

-28.48%

Metric	Value
Float	65.8M
Float percentage	94.38%
Shares change (QoQ)	0%
Shares change (YoY)	-4.74%
Shares held by insiders	3.9%
Shares held by institutions	87.87%
Shares outstanding	69.7M
Short % of float	7.5%
Short % of shares	7.08%
Short ratio	4.3 days

Metric

Value

Float

65.8M

Float percentage

94.38%

Shares change (QoQ)

Shares change (YoY)

-4.74%

Shares held by insiders

3.9%

Shares held by institutions

87.87%

Shares outstanding

69.7M

Short % of float

7.5%

Short % of shares

7.08%

Short ratio

4.3 days

Churchill Downs Incorporated (CHDN)

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