Churchill Downs/$CHDN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Churchill Downs
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
- Ticker
- $CHDN
- Sector
- Consumer Discretionary
- Primary listing
- NASDAQ
- Employees
- 7,800
- Headquarters
- Louisville, United States
Churchill Downs Metrics
BasicAdvanced
$5.6B
13.72
$5.87
0.67
$0.44
0.54%
Price and volume
Market cap
$5.6B
Beta
0.67
52-week high
$118.35
52-week low
$73.09
Average daily volume
1.2M
Dividend rate
$0.44
Financial strength
Current ratio
0.356
Quick ratio
0.239
Long term debt to equity
3.009
Total debt to equity
3.431
Dividend payout ratio (TTM)
7.70%
Interest coverage (TTM)
2.64%
Profitability
EBITDA (TTM)
990.7
Gross margin (TTM)
34.18%
Net profit margin (TTM)
13.80%
Operating margin (TTM)
25.82%
Effective tax rate (TTM)
29.02%
Revenue per employee (TTM)
$380,000
Management effectiveness
Return on assets (TTM)
6.48%
Return on equity (TTM)
33.85%
Valuation
Price to earnings (TTM)
13.724
Price to revenue (TTM)
1.881
Price to book
4.2
Price to tangible book (TTM)
-2.72
Price to free cash flow (TTM)
14.707
Free cash flow yield (TTM)
6.80%
Free cash flow per share (TTM)
5.474
Dividend yield (TTM)
0.54%
Forward dividend yield
0.54%
Growth
Revenue change (TTM)
5.73%
Earnings per share change (TTM)
1.16%
3-year revenue growth (CAGR)
10.94%
10-year revenue growth (CAGR)
8.87%
3-year earnings per share growth (CAGR)
7.92%
10-year earnings per share growth (CAGR)
21.83%
3-year dividend per share growth (CAGR)
7.05%
10-year dividend per share growth (CAGR)
8.61%
What the Analysts think about Churchill Downs
Analyst ratings (Buy, Hold, Sell) for Churchill Downs stock.
Analyst projections of the future price of Churchill Downs stock.
Bulls say / Bears say
Second-quarter revenue rose 5% to a record $980 million, while net income grew 11% and adjusted EBITDA rose 6% to records. Growth reached the bottom line as well as sales. (Churchill Downs Incorporated)
Derby Week all-sources wagering set a record at $487 million, up 3% year on year, and TwinSpires’ wagering on Churchill races also reached a record. This points to continued strength in the company’s flagship event and betting platform. (Churchill Downs Incorporated)
Growth is not limited to Derby Week: Kentucky historical-racing venues added $12 million of second-quarter revenue, while wagering services added $10 million. These gains broaden the sources of near-term growth. (Churchill Downs Incorporated)
Net bank leverage was 3.7 times at quarter-end, and the company expects $180 million to $220 million of project spending in 2026. That debt load and investment bill leave less room for error if new projects underperform. (SEC)
The proposed sale of nine regional casinos is still exploratory, with no stated timetable and no guarantee a deal will happen. Delays or disappointing sale terms could frustrate the planned portfolio shift and debt reduction. (Gambling Insider)
Competition is already weighing on part of the Virginia historical-racing business: a $4 million revenue decline in central Virginia largely offset a $5 million increase in northern Virginia. That uneven performance could limit growth as rivals expand. (Churchill Downs Incorporated)
Data summarised monthly by Lightyear AI. Last updated on 9 Oct 2026.
Churchill Downs Financial Performance
Revenues and expenses
Churchill Downs Earnings Performance
Company profitability
Upcoming events
No upcoming events
Churchill Downs News
AllArticlesVideos
Funds containing Churchill Downs
AllUSDGBPEUR
Fund name | Fund size | $CHDN weighting |
|---|---|---|
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.15% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.15% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.07% |
iShares MSCI World Small Cap$WSML | $9B | 0.05% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.05% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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