Churchill Downs Statistics
Total Valuation
CHDN has a market cap or net worth of $9.94 billion. The enterprise value is $14.52 billion.
| Market Cap | 9.94B |
| Enterprise Value | 14.52B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Nov 30, 2023 |
Share Statistics
CHDN has 73.50 million shares outstanding. The number of shares has decreased by -1.84% in one year.
| Shares Outstanding | 73.50M |
| Shares Change (YoY) | -1.84% |
| Shares Change (QoQ) | +0.54% |
| Owned by Insiders (%) | 9.73% |
| Owned by Institutions (%) | 79.24% |
| Float | 66.68M |
Valuation Ratios
The trailing PE ratio is 29.50 and the forward PE ratio is 21.23. CHDN's PEG ratio is 2.58.
| PE Ratio | 29.50 |
| Forward PE | 21.23 |
| PS Ratio | 3.94 |
| Forward PS | 3.45 |
| PB Ratio | 11.87 |
| P/FCF Ratio | n/a |
| PEG Ratio | 2.58 |
Enterprise Valuation
| EV / Earnings | 42.45 |
| EV / Sales | 5.82 |
| EV / EBITDA | 15.92 |
| EV / EBIT | 19.92 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.50, with a Debt / Equity ratio of 5.96.
| Current Ratio | 0.50 |
| Quick Ratio | 0.40 |
| Debt / Equity | 5.96 |
| Debt / EBITDA | 5.40 |
| Debt / FCF | n/a |
| Interest Coverage | 2.66 |
Financial Efficiency
Return on equity (ROE) is 39.50% and return on invested capital (ROIC) is 7.46%.
| Return on Equity (ROE) | 39.50% |
| Return on Assets (ROA) | 5.00% |
| Return on Capital (ROIC) | 7.46% |
| Revenue Per Employee | $312,811 |
| Profits Per Employee | $42,911 |
| Employee Count | 7,970 |
| Asset Turnover | 0.37 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, CHDN has paid $112.70 million in taxes.
| Income Tax | 112.70M |
| Effective Tax Rate | 24.79% |
Stock Price Statistics
The stock price has decreased by -5.82% in the last 52 weeks. The beta is 0.99, so CHDN's price volatility has been similar to the market average.
| Beta (1Y) | 0.99 |
| 52-Week Price Change | -5.82% |
| 50-Day Moving Average | 125.20 |
| 200-Day Moving Average | 121.45 |
| Relative Strength Index (RSI) | 57.02 |
| Average Volume (30 Days) | 494,041 |
Short Selling Information
The latest short interest is 1.96 million, so 2.67% of the outstanding shares have been sold short.
| Short Interest | 1.96M |
| Short Previous Month | 1.99M |
| Short % of Shares Out | 2.67% |
| Short % of Float | 2.95% |
| Short Ratio (days to cover) | 3.99 |
Income Statement
In the last 12 months, CHDN had revenue of $2.49 billion and earned $342.00 million in profits. Earnings per share was $4.53.
| Revenue | 2.49B |
| Gross Profit | 808.90M |
| Operating Income | 570.40M |
| Pretax Income | 454.70M |
| Net Income | 342.00M |
| EBITDA | 912.20M |
| EBIT | 728.80M |
| Earnings Per Share (EPS) | $4.53 |
Balance Sheet
The company has $222.00 million in cash and $4.93 billion in debt, giving a net cash position of -$4.70 billion or -$64.01 per share.
| Cash & Cash Equivalents | 222.00M |
| Total Debt | 4.93B |
| Net Cash | -4.70B |
| Net Cash Per Share | -$64.01 |
| Equity / Book Value | 826.90M |
| Book Value Per Share | 11.25 |
| Working Capital | -421.20M |
Cash Flow
In the last 12 months, operating cash flow was $644.10 million and capital expenditures -$696.80 million, giving a free cash flow of -$52.70 million.
| Operating Cash Flow | 644.10M |
| Capital Expenditures | -696.80M |
| Free Cash Flow | -52.70M |
| FCF Per Share | -$0.71 |
Margins
Gross margin is 32.45%, with operating and profit margins of 22.88% and 13.72%.
| Gross Margin | 32.45% |
| Operating Margin | 22.88% |
| Pretax Margin | 18.24% |
| Profit Margin | 13.72% |
| EBITDA Margin | 36.59% |
| EBIT Margin | 29.23% |
| FCF Margin | -2.11% |
Dividends & Yields
This stock pays an annual dividend of $0.38, which amounts to a dividend yield of 0.28%.
| Dividend Per Share | $0.38 |
| Dividend Yield | 0.28% |
| Dividend Growth (YoY) | 7.00% |
| Years of Dividend Growth | 13 |
| Payout Ratio | 8.43% |
| Buyback Yield | 1.84% |
| Shareholder Yield | 2.13% |
| Earnings Yield | 3.48% |
| FCF Yield | -0.54% |
Analyst Forecast
The average price target for CHDN is $147.44, which is 9.03% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $147.44 |
| Price Target Difference | 9.03% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 22, 2023. It was a forward split with a ratio of 2:1.
| Last Split Date | May 22, 2023 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
CHDN has an Altman Z-Score of 1.73 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.73 |
| Piotroski F-Score | 6 |