US stock · Consumer Cyclical sector · Gambling
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Churchill Downs Incorporated

CHDNNASDAQ

192.60

USD
-1.41
(-0.73%)
Market Open
29.70P/E
15Forward P/E
1.43P/E to S&P500
7.324BMarket CAP
0.34%Div Yield

Churchill Downs Incorporated

NASDAQ:CHDN

RECENT
PRICE

192.60

P/E
RATIO

29.70

(PEG:0.07)

P/E RATIO
RELATIVE
TO S&P

1.43

DIV
YLD

0.31%

High:
Low:

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0

0
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Legends

Stock price

1.13 Beta (1.0 Market)

0

0

0

0

0

0

0

0

0

-

% total return 06/22:

Stock

S&P

1y.

0

0

3y.

0

0

5y.

0

0

0

Percent shares traded:

0

0

0

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

TTM

Fiscal year

9.54

0.76

0.58

0.17

10.17

0.39

0.14

0.17

10.60

0.70

0.94

0.17

10.79

0.41

(0.35)

0.17

12.85

0.36

(0.11)

0.15

13.96

1.29

2.97

0.16

14.32

1.14

1.97

0.44

15.02

1.06

1.80

- -

15.69

0.89

1.64

0.29

23.46

1.26

4.23

0.34

26.60

2.20

3.45

0.39

18.74

2.98

2.15

0.46

24.43

8.54

1.17

0.57

33.16

3.43

3.15

0.55

26.62

(2.07)

(2.33)

0.59

40.33

6.29

6.15

0.63

42.55

6.62

9.24

0.67

Revenue per share

Earnings per share

Free Cash Flow per sh

Dividends per share

1.18

8.87

1.13

9.10

0.99

9.70

2.09

9.99

1.42

11.11

0.50

11.70

0.85

12.60

0.99

13.58

1.10

13.51

0.89

11.94

1.16

13.92

2.48

13.59

3.62

11.46

4.07

12.68

5.91

9.27

2.32

7.75

3.51

8.32

CAPEX per share

Book Value per share

39

40

41

41

46

50

51

52

52

52

49

47

41

40

40

40

38

Comm.Shares outs.(m)

17.6

1.0

1.2%

41.5

2.4

1.0%

20.1

0.9

1.2%

28.2

0.4

1.4%

33.9

1.6

1.2%

11.2

0.7

1.1%

17.1

1.2

2.2%

24.8

1.5

- -

34.3

1.9

1.0%

33.1

1.7

0.8%

21.0

0.9

0.8%

20.4

0.9

0.7%

10.5

0.4

0.6%

32.2

1.3

0.5%

(69.1)

(1.8)

0.4%

34.3

1.1

0.3%

29.7

1.4

0.3%

Avg. annual P/E ratio

P/E relative to S&P500

Avg. annual div. yield

Capital Structure (31/3/22 | Q1)

Total liabilities
$2,719 m.

Total assets
$3,037 m.

Long-term debt
$1,960 m.

Cash and equiv.
$295 m.

Goodwill $367 m.

Retained earnings $319 m.

Common stock 38 m. shares

Market Capitalisation
$7,377 m. (as of 29/6/22)

697

11.6%

732

13.2%

779

11.6%

813

11.1%

1,212

10.2%

1,309

14.8%

883

16.5%

1,009

18.7%

1,330

16.2%

1,054

5.7%

1,597

17.8%

1,637

16.5%

Revenue (m)

Operating margin

55

64

56

58

62

55

68

46

119

65

126

108

115

141

64

353

101

138

98

(82)

109

249

109

255

Depreciation (m)

Net profit (m)

36.1%

9.2%

36.3%

8.0%

35.6%

7.0%

39.4%

5.7%

41.8%

5.4%

35.7%

8.3%

(19.4)%

15.9%

21.9%

35.0%

28.9%

10.3%

(66.3)%

(7.8)%

27.5%

15.6%

26.3%

15.0%

Income tax rate

Net profit margin

(29)

128

584

(260)

- -

644

(52)

369

705

(92)

759

700

(417)

766

617

(222)

908

685

(197)

1,125

640

(15)

880

473

(80)

1,470

508

(189)

1,618

367

107

1,961

307

88

1,960

318

Working capital (m)

Long-term debt (m)

Equity (m)

8.9%

11.3%

11.0%

8.6%

8.6%

9.0%

5.2%

6.8%

7.8%

2.9%

4.1%

6.6%

5.0%

6.2%

10.6%

7.6%

9.4%

15.8%

10.6%

7.2%

21.9%

23.6%

25.7%

74.5%

8.4%

10.4%

27.1%

(0.5)%

(0.3)%

(22.3)%

12.0%

14.4%

81.2%

12.3%

14.4%

80.3%

ROIC

Return on capital

Return on equity

Working Capital

2019

2020

2021

Cash assets

96

67

291

Receivables

52

86

108

Inventory

- -

- -

- -

Other

73

82

102

Current assets

221

235

502

Acc. Payable

58

71

82

Debt due

4

4

7

Other

239

350

306

Current liab.

301

424

395

87.3%

5.9%

61.5%

21.0%

100.0%

10.3%

67.2%

99.3%

73.3%

74.9%

82.3%

33.0%

84.7%

207.6%

93.3%

1,176.0%

83.9%

92.8%

128.6%

- -

90.0%

132.3%

89.9%

43.2%

Plowback ratio

Div.&Repurch. to FCF

Churchill Downs Incorporated (US) started trading on March 1, 1993 (cik: 0000020212), operates in the Consumer Cyclical sector (Gambling industry), has 3,800 full-time employees, and is led by Mr. William Carstanjen. Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; nine retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

Annual rates

(avg rate of change)

Past
5 y.

Past
10 y.

Revenues

19.23%

12.46%

Cash flow

-107.10%

-38.88%

Earnings

-118.41%

-39.84%

Dividends

3.82%

- -

Book value

-15.72%

-6.84%

Insider trading

Type

Shares

Date

Rankin R Alex

Purchase

525

05/24/22

Grissom Douglas C

Award

767

04/26/22

Lloyd Karole

Award

767

04/26/22

Fealy Robert L

Award

767

04/26/22

Rankin R Alex

Award

767

04/26/22

Fiscal Year Ends

Quarterly Revenue (m)

Full fiscal year

I

II

III

IV

2020

253

185

338

278

1,054

2021

324

515

393

365

1,597

2022

364

- -

- -

- -

- -

Fiscal Year Ends

Earnings per share

Full fiscal year

I

II

III

IV

2020

(0.59)

(3.00)

1.09

0.43

-2.07

2021

0.91

2.73

1.55

1.09

6.29

2022

1.10

- -

- -

- -

- -

Fiscal Year Ends

Quarterly dividends paid

Full fiscal year

I

II

III

IV

2020

0.59

- -

- -

- -

0.59

2021

0.63

- -

- -

- -

0.63

2022

0.67

- -

- -

- -

- -