stockportfolio.pro
Churchill Downs Incorporated (CHDN)
Consumer Cyclical · Gambling · NasdaqGS
Churchill Downs Incorporated revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $822.40M | $882.60M | $1.01B | $1.33B | $1.05B | $1.60B | $1.81B | $2.46B | $2.73B | $2.93B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $108.10M | $140.50M | $352.80M | $137.50M | $-81.90M | $249.10M | $439.40M | $417.30M | $426.80M | $383.00M |
| Net margin | 13.1% | 15.9% | 35.0% | 10.3% | -7.8% | 15.6% | 24.3% | 17.0% | 15.6% | 13.1% |
Source: Churchill Downs Incorporated SEC filings (10-K). 17 years of history available in the interactive view.
What growth is priced into CHDN stock?
At today's market cap of $6.17B, Churchill Downs Incorporated is priced for free-cash-flow growth of about -3.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $699.60M from the FY ending 2025-12-31). For comparison, revenue 22.7%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 17 years of Churchill Downs Incorporated financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track CHDN in your portfolio →
Churchill Downs Incorporated financial history by metric
About Churchill Downs Incorporated
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.
Churchill Downs Incorporated — frequently asked questions
What is Churchill Downs Incorporated's revenue?
Churchill Downs Incorporated (CHDN) reported revenue of $2.93B for fiscal year 2025, up 7.0% from the prior year, according to its SEC filings.
Is Churchill Downs Incorporated profitable?
Yes. CHDN earned net income of $383.00M in fiscal 2025, a net margin of 13.1%.
What is CHDN's P/E ratio?
Churchill Downs Incorporated trades at a price-to-earnings ratio of about 16.3 based on the latest data in our nightly-refreshed cache.
How fast is Churchill Downs Incorporated growing?
CHDN's revenue grew at roughly 22.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Churchill Downs Incorporated have?
As of fiscal year 2025, CHDN carried roughly $5.07B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Churchill Downs Incorporated's market cap?
Churchill Downs Incorporated (CHDN) has a market capitalization of about $6.17B, based on the latest data in our nightly-refreshed cache.
When does Churchill Downs Incorporated's fiscal year end?
CHDN's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into CHDN stock?
At today's market cap of $6.17B, Churchill Downs Incorporated is priced for free-cash-flow growth of about -3.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $699.60M from the FY ending 2025-12-31). For comparison, revenue 22.7%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Churchill Downs Incorporated's official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.