← Churchill Downs Inc CHDN
Market Price
$90.80
Market Cap
$6.20B
P/E Ratio
17.16
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: 4.99%
EPS (Diluted)
↓-6.9% YoY
$5.29
Basic: $5.32
Return on Equity
Efficiency
37.9%
ROA: 86.4%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (CHDN)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $338.1M | — | $294.4M | $108.1M | — | $6.42 | — | $226.8M | $195.9M | — |
| FY 2017 | $278.1M | -17.7% | $228.8M | $140.5M | +30.0% | $8.77 | +36.6% | $218.2M | $184.9M | -5.6% |
| FY 2018 | $1,009.0M | +262.8% | $968.9M | $352.8M | +151.1% | $8.48 | -3.3% | $197.8M | $168.2M | -9.0% |
| FY 2019 | $1,329.7M | +31.8% | $1,258.8M | $137.5M | -61.0% | $3.38 | -60.1% | $289.6M | — | — |
| FY 2020 | $1,054.0M | -20.7% | $974.0M | $-81.9M | -159.6% | $-2.08 | -161.5% | $141.9M | — | — |
| FY 2021 | $1,597.2M | +51.5% | $1,512.5M | $249.1M | +404.2% | $6.35 | +405.3% | $459.5M | $459.5M | — |
| FY 2022 | $1,809.8M | +13.3% | $1,662.5M | $439.4M | +76.4% | $11.42 | +79.8% | $510.8M | $54.0M | -88.2% |
| FY 2023 | $2,461.7M | +36.0% | $2,193.3M | $417.3M | -5.0% | $5.49 | -51.9% | $605.3M | $-71.2M | -231.9% |
| FY 2024 | $2,734.3M | +11.1% | $2,444.5M | $426.8M | +2.3% | $5.68 | +3.5% | $771.7M | $224.7M | +415.6% |
| FY 2025 | $2,925.9M | +7.0% | $2,628.2M | $383.0M | -10.3% | $5.29 | -6.9% | $769.8M | $309.6M | +37.8% |
Valuation
Market Price
$90.80
Market Cap
$6.20B
Enterprise Value
$11.13B
P/E Ratio
17.16
P/B Ratio
6.27
FCF Yield
4.99%
Dividend Yield
0.48%
Shares Outstanding
Profitability & Margins
Gross Margin
89.83%
Operating Margin
23.37%
Net Margin
13.09%
Return on Equity (ROE)
37.93%
Return on Assets (ROA)
86.42%
Asset Turnover
6.60x
Revenue 3-Yr CAGR
17.37%
Financial Health & Liquidity
Current Ratio
1.11
Cash Ratio
0.50
Debt / Equity
5.081
Debt / Assets
11.575
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
$443.20M
Total Liabilities
$400.50M
Stockholders' Equity
$1.01B
Current Assets
$443.20M
Current Liabilities
$400.50M