Churchill Downs Statistics
Total Valuation
Churchill Downs has a market cap or net worth of $7.84 billion. The enterprise value is $12.87 billion.
| Market Cap | 7.84B |
| Enterprise Value | 12.87B |
Important Dates
The last earnings date was Wednesday, October 22, 2025, after market close.
| Earnings Date | Oct 22, 2025 |
| Ex-Dividend Date | Dec 5, 2025 |
Share Statistics
Churchill Downs has 69.73 million shares outstanding. The number of shares has decreased by -2.01% in one year.
| Current Share Class | 69.73M |
| Shares Outstanding | 69.73M |
| Shares Change (YoY) | -2.01% |
| Shares Change (QoQ) | -1.80% |
| Owned by Insiders (%) | 3.88% |
| Owned by Institutions (%) | 78.04% |
| Float | 65.82M |
Valuation Ratios
The trailing PE ratio is 20.34 and the forward PE ratio is 18.04. Churchill Downs's PEG ratio is 1.84.
| PE Ratio | 20.34 |
| Forward PE | 18.04 |
| PS Ratio | 2.82 |
| Forward PS | 2.57 |
| PB Ratio | 7.59 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 17.42 |
| P/OCF Ratio | 9.75 |
| PEG Ratio | 1.84 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.71, with an EV/FCF ratio of 28.58.
| EV / Earnings | 31.91 |
| EV / Sales | 4.46 |
| EV / EBITDA | 13.71 |
| EV / EBIT | 17.75 |
| EV / FCF | 28.58 |
Financial Position
The company has a current ratio of 0.57, with a Debt / Equity ratio of 4.83.
| Current Ratio | 0.57 |
| Quick Ratio | 0.37 |
| Debt / Equity | 4.83 |
| Debt / EBITDA | 5.35 |
| Debt / FCF | 11.57 |
| Interest Coverage | 2.46 |
Financial Efficiency
Return on equity (ROE) is 37.04% and return on invested capital (ROIC) is 7.36%.
| Return on Equity (ROE) | 37.04% |
| Return on Assets (ROA) | 6.20% |
| Return on Invested Capital (ROIC) | 7.36% |
| Return on Capital Employed (ROCE) | 10.78% |
| Revenue Per Employee | $325,163 |
| Profits Per Employee | $45,479 |
| Employee Count | 8,870 |
| Asset Turnover | 0.39 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Churchill Downs has paid $133.80 million in taxes.
| Income Tax | 133.80M |
| Effective Tax Rate | 24.77% |
Stock Price Statistics
The stock price has decreased by -20.93% in the last 52 weeks. The beta is 0.70, so Churchill Downs's price volatility has been lower than the market average.
| Beta (5Y) | 0.70 |
| 52-Week Price Change | -20.93% |
| 50-Day Moving Average | 99.46 |
| 200-Day Moving Average | 101.86 |
| Relative Strength Index (RSI) | 73.67 |
| Average Volume (20 Days) | 682,017 |
Short Selling Information
The latest short interest is 2.16 million, so 3.10% of the outstanding shares have been sold short.
| Short Interest | 2.16M |
| Short Previous Month | 2.24M |
| Short % of Shares Out | 3.10% |
| Short % of Float | 3.29% |
| Short Ratio (days to cover) | 2.70 |
Income Statement
In the last 12 months, Churchill Downs had revenue of $2.88 billion and earned $403.40 million in profits. Earnings per share was $5.53.
| Revenue | 2.88B |
| Gross Profit | 965.60M |
| Operating Income | 725.20M |
| Pretax Income | 540.10M |
| Net Income | 403.40M |
| EBITDA | 939.10M |
| EBIT | 725.20M |
| Earnings Per Share (EPS) | $5.53 |
Balance Sheet
The company has $180.50 million in cash and $5.21 billion in debt, giving a net cash position of -$5.03 billion or -$72.13 per share.
| Cash & Cash Equivalents | 180.50M |
| Total Debt | 5.21B |
| Net Cash | -5.03B |
| Net Cash Per Share | -$72.13 |
| Equity (Book Value) | 1.08B |
| Book Value Per Share | 14.83 |
| Working Capital | -310.30M |
Cash Flow
In the last 12 months, operating cash flow was $804.40 million and capital expenditures -$354.00 million, giving a free cash flow of $450.40 million.
| Operating Cash Flow | 804.40M |
| Capital Expenditures | -354.00M |
| Free Cash Flow | 450.40M |
| FCF Per Share | $6.46 |
Margins
Gross margin is 33.48%, with operating and profit margins of 25.14% and 13.99%.
| Gross Margin | 33.48% |
| Operating Margin | 25.14% |
| Pretax Margin | 18.73% |
| Profit Margin | 13.99% |
| EBITDA Margin | 32.56% |
| EBIT Margin | 25.14% |
| FCF Margin | 15.62% |
Dividends & Yields
This stock pays an annual dividend of $0.44, which amounts to a dividend yield of 0.39%.
| Dividend Per Share | $0.44 |
| Dividend Yield | 0.39% |
| Dividend Growth (YoY) | 7.09% |
| Years of Dividend Growth | 14 |
| Payout Ratio | 7.92% |
| Buyback Yield | 2.01% |
| Shareholder Yield | 2.40% |
| Earnings Yield | 5.14% |
| FCF Yield | 5.74% |
Analyst Forecast
The average price target for Churchill Downs is $136.82, which is 21.63% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $136.82 |
| Price Target Difference | 21.63% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | 4.25% |
| EPS Growth Forecast (5Y) | 13.11% |
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
Churchill Downs has an Altman Z-Score of 1.64 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.64 |
| Piotroski F-Score | 6 |