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.

Financial snapshot

Revenue (ttm): 3B
Net income (ttm): 412M
EPS (ttm): $5.88
P/E (trailing): 13.9x
P/E (forward): 11.5x
Market cap: 5.7B

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%	卖出
AMZN	Amazon.com Inc.	2.7T	20.5x	3.5x	11.9%	+11.8%	+12.2%	卖出
APTV	Aptiv PLC	9.1B	42.8x	0.4x	7.8%	+5.5%	-49.2%	买入

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.5

P25 n/aP50 n/aP75 n/a

Trailing P/E13.9

P25 n/aP50 n/aP75 n/a

ROE33.8

P25 n/aP50 n/aP75 n/a

ROIC9.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All CHDN indicators

Market & fundamental data

Available fields

289

Groups with data

Currency

USD

Showing 289 of 289 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

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

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

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

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

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%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

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

Financial statements

Income-statement and cash-flow amounts, totals and per share.

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

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

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%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

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

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

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%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

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%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

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

Deeper analysis on CHDN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this CHDN report

Is a complete CHDN research report available?

No complete published report is available for Churchill Downs Incorporated (CHDN) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Churchill Downs Incorporated (CHDN)

Price

Financial snapshot

Fair-value bridge

Latest news · CHDN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All CHDN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on CHDN

Frequently asked questions