← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $48.7m | $51.7m | $133.3m | $96.2m | $67.4m | $291.3m | $129.8m | $144.5m | $175.5m | $200.6m | |
| Inventory, Net | — | — | — | — | — | — | — | — | $11.6m | $11.9m | |
| Assets, Current | $246.0m | $256.1m | $241.5m | $221.2m | $235.1m | $501.5m | $344.5m | $400.8m | $412.3m | $443.2m | |
| Property, Plant and Equipment, Net | $574.4m | $608.0m | $757.5m | $912.5m | $1.1b | $968.4m | $1.9b | $2.5b | $2.9b | $2.9b | |
| Goodwill | $832.2m | $317.6m | $338.0m | $367.1m | $366.8m | $366.8m | $723.8m | $899.9m | $900.2m | $900.2m | |
| Intangible Assets, Net (Excluding Goodwill) | $445.7m | $169.4m | $264.0m | $369.8m | $350.6m | $348.1m | $2.4b | $2.4b | $2.4b | $2.5b | |
| Operating Lease, Right-of-Use Asset | — | — | — | $24.8m | $22.3m | $26.5m | $31.9m | $22.8m | $23.0m | $37.3m | |
| Other Assets, Noncurrent | $10.7m | $13.6m | $16.1m | $21.1m | $21.2m | $18.9m | $27.0m | $19.3m | $18.3m | $22.6m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $81.4m | $49.6m | $28.8m | $37.3m | $36.5m | $42.3m | $81.5m | $106.9m | $98.7m | $93.5m | |
| Accrued Liabilities, Current | $100.1m | $75.8m | $89.8m | $173.4m | $167.8m | $232.6m | $361.0m | $426.8m | $402.0m | $400.5m | |
| Assets | $2.3b | $2.4b | $1.7b | $2.6b | $2.7b | $3.0b | $6.2b | $7.0b | $7.3b | $7.5b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $5.0m | $4.7m | $5.3m | $7.0m | $5.4m | $5.6m | $5.7m | |
| Accounts Payable, Current | $53.2m | $54.1m | $47.0m | $57.8m | $70.7m | $81.6m | $145.5m | $158.5m | $180.3m | $184.3m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $21.2m | $19.0m | $22.4m | $26.0m | $17.9m | $17.9m | $33.3m | |
| Deferred Revenue, Current | $64.3m | $70.9m | $47.9m | $42.5m | $32.8m | $47.7m | $39.0m | $73.2m | $52.9m | $54.7m | |
| Deferred Revenue, Noncurrent | $24.4m | $29.3m | $21.1m | $16.7m | $17.1m | $13.3m | $11.8m | $11.8m | $20.0m | $15.4m | |
| Dividends Payable, Current | $21.8m | $23.7m | $22.5m | $23.5m | $24.9m | $26.1m | $27.0m | $29.3m | $31.0m | $30.7m | |
| Dividends Payable | $21.8m | $23.7m | $22.7m | $23.5m | $25.8m | $27.0m | $27.0m | $29.3m | $31.0m | $30.7m | |
| Long-term Debt, Current Maturities | $14.2m | $4.0m | $4.0m | $4.0m | $4.0m | $7.0m | $47.0m | $68.0m | $63.1m | $63.1m | |
| Long-term Debt, Excluding Current Maturities | $907.5m | $1.1b | $880.3m | $1.5b | $1.6b | $2.0b | $4.6b | $4.8b | $4.8b | $5.1b | |
| Liabilities, Current | $468.1m | $453.2m | $256.6m | $301.2m | $424.2m | $395.0m | $621.6m | $755.8m | $729.3m | $733.3m | |
| Deferred Income Tax Liabilities, Net | — | $40.6m | $78.2m | $212.8m | $213.9m | $252.9m | $340.8m | $388.2m | $432.7m | $519.9m | |
| Other Liabilities, Noncurrent | $16.3m | $16.0m | $15.7m | $39.4m | $45.8m | $52.6m | $122.4m | $137.8m | $146.5m | $93.0m | |
| Deferred Tax Liabilities, Net | $153.1m | $40.6m | $78.2m | $212.8m | $213.9m | $252.9m | $340.8m | $388.2m | $432.7m | $519.5m | |
| Liabilities | $1.6b | $1.7b | $1.3b | $2.0b | $2.3b | $2.7b | $5.7b | $6.1b | $6.2b | $6.4b | |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | — | — | — | — | — | — | — | $0 | $19.7m | $46.1m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $116.5m | $7.3m | $0 | $0 | $18.2m | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings (Accumulated Deficit) | $569.7m | $634.3m | $474.2m | $509.2m | $349.8m | $307.7m | $552.4m | $894.5m | $1.1b | $1.0b | |
| Stockholders' Equity Attributable to Parent | $685.0m | $640.3m | $473.3m | $508.3m | $367.1m | — | — | $893.6m | $1.1b | $1.0b | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | $2.7m | $0 | — | — | — | — | — | |
| Liabilities and Equity | $2.3b | $2.4b | $1.7b | $2.6b | $2.7b | $3.0b | $6.2b | $7.0b | $7.3b | $7.5b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.