US stock · Consumer Cyclical sector · Gambling
Company Logo

Churchill Downs Incorporated

CHDNNASDAQ

198.19

USD
+14.70
(+8.01%)
After Hours Market
28.09P/E
15Forward P/E
1.08P/E to S&P500
7.536BMarket CAP
0.36%Div Yield
Upcoming Earnings
26 Jul-1 Aug
Shares Short
5/13/22
542.81k
Short % of Float
1.90%
Short % of Shares Outs.
1.43%
% Held by Insiders
11.87%
% Held by Institutions
74.63%
Beta
1.12
PEG Ratio
0.11
52w. high/low
262.20/175.01
Avg. Daily Volume
0.21M
Return %
Stock
S&P 500
1 year
(9.13)
(6.01)
3 years
91.08
39.24
5 years
225.80
63.25
Scale: |
High
Low
19.18
13.03
18.40
8.04
13.95
6.90
14.83
10.11
17.77
12.22
22.40
16.61
30.26
21.20
35.18
27.90
50.99
30.17
52.38
39.59
79.83
47.00
104.87
74.42
138.17
77.37
212.60
52.90
262.20
175.01
249.33
175.91
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
9.54
10.17
10.60
10.79
12.85
13.96
14.32
15.02
15.69
23.46
26.60
18.74
24.43
33.16
26.62
40.33
42.55
Earnings per share
0.76
0.39
0.70
0.41
0.36
1.29
1.14
1.06
0.89
1.26
2.20
2.98
8.54
3.43
(2.07)
6.29
6.62
FCF per share
0.58
0.14
0.94
(0.35)
(0.11)
2.97
1.97
1.80
1.64
4.23
3.45
2.15
1.17
3.15
(2.33)
6.15
9.24
Dividends per share
0.17
0.17
0.17
0.17
0.15
0.16
0.44
- -
0.29
0.34
0.39
0.46
0.57
0.55
0.59
0.63
0.67
CAPEX per share
1.18
1.13
0.99
2.09
1.42
0.50
0.85
0.99
1.10
0.89
1.16
2.48
3.62
4.07
5.91
2.32
3.51
Book Value per sh.
8.87
9.10
9.70
9.99
11.11
11.70
12.60
13.58
13.51
11.94
13.92
13.59
11.46
12.68
9.27
7.75
8.32
Comm.Shares outs.
39
40
41
41
46
50
51
52
52
52
49
47
41
40
40
40
38
Avg. annual P/E ratio
17.6
41.5
20.1
28.2
33.9
11.2
17.1
24.8
34.3
33.1
21.0
20.4
10.5
32.2
(69.1)
34.3
28.1
P/E to S&P500
1.0
2.4
0.9
0.4
1.6
0.7
1.2
1.5
1.9
1.7
0.9
0.9
0.4
1.3
(1.8)
1.1
1.1
Avg. annual div. yield
1.2%
1.0%
1.2%
1.4%
1.2%
1.1%
2.2%
- -
1.0%
0.8%
0.8%
0.7%
0.6%
0.5%
0.4%
0.3%
0.3%
Revenue (m)
377
411
431
440
585
697
732
779
813
1,212
1,309
883
1,009
1,330
1,054
1,597
1,637
Operating margin
13.2%
8.2%
12.3%
7.9%
5.4%
11.6%
13.2%
11.6%
11.1%
10.2%
14.8%
16.5%
18.7%
16.2%
5.7%
17.8%
16.5%
Depreciation (m)
21
23
29
30
47
55
56
62
68
119
126
115
64
101
98
109
109
Net profit (m)
30
16
29
17
16
64
58
55
46
65
108
141
353
138
(82)
249
255
Income tax rate
39.1%
41.9%
41.5%
48.8%
29.9%
36.1%
36.3%
35.6%
39.4%
41.8%
35.7%
(19.4)%
21.9%
28.9%
(66.3)%
27.5%
26.3%
Net profit margin
7.9%
3.8%
6.6%
3.8%
2.8%
9.2%
8.0%
7.0%
5.7%
5.4%
8.3%
15.9%
35.0%
10.3%
(7.8)%
15.6%
15.0%
Working capital (m)
2
(18)
(30)
(80)
(19)
(29)
(260)
(52)
(92)
(417)
(222)
(197)
(15)
(80)
(189)
107
88
Long-term debt (m)
13
82
57
86
280
128
- -
369
759
766
908
1,125
880
1,470
1,618
1,961
1,960
Equity (m)
350
368
394
407
506
584
644
705
700
617
685
640
473
508
367
307
318
ROIC
7.4%
3.2%
5.7%
3.3%
2.6%
8.9%
8.6%
5.2%
2.9%
5.0%
7.6%
10.6%
23.6%
8.4%
(0.5)%
12.0%
12.3%
Return on capital
9.3%
4.5%
7.7%
4.9%
3.0%
11.3%
8.6%
6.8%
4.1%
6.2%
9.4%
7.2%
25.7%
10.4%
(0.3)%
14.4%
14.4%
Return on equity
8.5%
4.3%
7.2%
4.1%
3.2%
11.0%
9.0%
7.8%
6.6%
10.6%
15.8%
21.9%
74.5%
27.1%
(22.3)%
81.2%
80.3%
Plowback ratio
78.1%
57.6%
76.4%
59.8%
58.6%
87.3%
61.5%
100.0%
67.2%
73.3%
82.3%
84.7%
93.3%
83.9%
128.6%
90.0%
89.9%
Div.&Repurch./FCF
(6.0)%
77.3%
16.9%
(46.3)%
(147.7)%
5.9%
21.0%
10.3%
99.3%
74.9%
33.0%
207.6%
1,176.0%
92.8%
- -
132.3%
43.2%
Capital Structure
27 Apr · 2022 | Q1
All numbers in millions
Total liabilities
$ 2,719
Total assets
$ 3,037
Long-term debt
$ 1,960
Cash and equiv.
$ 295
Goodwill
$ 367
Retained earnings
$ 319
Common stock
38
Enterprise Value
$ 9,202
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
96
67
291
Receivables
52
86
108
Inventory
- -
- -
- -
Other
73
53
297
Current assets
221
235
502
Acc. Payable
58
71
82
Debt due
4
4
7
Other
239
350
306
Current liabilities
301
424
395
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
51.54%
19.23%
12.46%
Cash flow
(364.03)%
(107.10)%
(38.88)%
Earnings
(404.15)%
(118.41)%
(39.84)%
Dividends
5.98%
3.82%
- -
Book value
(16.43)%
(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
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
253
185
338
278
1,054
2021
324
515
393
365
1,597
2022
364
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
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
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.59
- -
- -
- -
0.59
2021
0.63
- -
- -
- -
0.63
2022
0.67
- -
- -
- -
- -
Company Description
Sector:
Consumer Cyclical
Industry:
Gambling
CEO:
Mr. William Carstanjen
Full-time employees:
3,800
City:
Louisville
Address:
600 N Hurstbourne Pkwy Ste 400
IPO:
Mar 29, 1993
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.