About churchill downs inc. - CHDN
Churchill Downs, Inc. is a provider of pari-mutuel horse racing, online account wagering on horse racing and casino gaming. It operates through the following segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing related revenue and expenses at Churchill Downs Racetrack and historical racing properties in Kentucky, Virginia, and New Hampshire. The Wagering Services and Solutions focuses on the revenue and expenses from pari-mutuel wagers through TwinSpires, retail and online sports betting business, United Tote Company, and Exacta Systems, LLC. The Gaming segment is involved in the casino properties and associated racetracks which support the casino license. The company was founded in 1875 and is headquartered in Louisville, KY.
CHDN At a Glance
Churchill Downs, Inc.
600 North Hurstbourne Parkway
Louisville, Kentucky 40222-5389
| Phone | 1-502-636-4400 | Revenue | 2.73B | |
| Industry | Movies/Entertainment | Net Income | 423.80M | |
| Sector | Consumer Services | 2024 Sales Growth | 11.074% | |
| Fiscal Year-end | 12 / 2025 | Employees | 8,870 | |
| View SEC Filings |
CHDN Valuation
| P/E Current | 16.146 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 23.506 |
| Price to Sales Ratio | 3.643 |
| Price to Book Ratio | 9.058 |
| Price to Cash Flow Ratio | 12.893 |
| Enterprise Value to EBITDA | 16.237 |
| Enterprise Value to Sales | 5.377 |
| Total Debt to Enterprise Value | 0.338 |
CHDN Efficiency
| Revenue/Employee | 308,263.811 |
| Income Per Employee | 47,779.03 |
| Receivables Turnover | 24.155 |
| Total Asset Turnover | 0.378 |
CHDN Liquidity
| Current Ratio | 0.565 |
| Quick Ratio | 0.549 |
| Cash Ratio | 0.346 |
CHDN Profitability
| Gross Margin | 34.323 |
| Operating Margin | 25.63 |
| Pretax Margin | 20.963 |
| Net Margin | 15.499 |
| Return on Assets | 5.861 |
| Return on Equity | 42.869 |
| Return on Total Capital | 6.997 |
| Return on Invested Capital | 7.242 |
CHDN Capital Structure
| Total Debt to Total Equity | 458.97 |
| Total Debt to Total Capital | 82.11 |
| Total Debt to Total Assets | 67.107 |
| Long-Term Debt to Equity | 452.344 |
| Long-Term Debt to Total Capital | 80.925 |
Churchill Downs Inc. in the News
Kentucky Derby runs tomorrow, but planned $1B revamp of Churchill Downs is on hold
Top racehorses will run in the Kentucky Derby on Saturday, but a planned nearly $1 billion revamp of facilities at the Churchill Downs racetrack that hosts the famous race is on hold.
Churchill Downs CEO on what to expect for Kentucky Derby 2022 and beyond
Churchill Downs, Inc. CEO William Carstanjen provides insight into what he anticipates surrounding this year's run for the roses and future plans for the company's iconic racetrack.
Belmont Stakes betting on big return despite rough odds for 2021 race
The Belmont Stakes, one of the country’s oldest horse racing events, usually draws a crowd in excess of 100,000, has an economic impact on Long Island of more than $10 million and is the last jewel in the quest for thoroughbred racing’s Triple Crown. The 2021 edition will have none of those on Saturday.