XNASCHDN
Market cap9.77bUSD
Jan 06, Last price
133.74USD
1D
1.00%
1Q
-3.36%
Jan 2017
165.02%
Name
Churchill Downs Inc
Chart & Performance
Profile
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.
IPO date
Mar 29, 1993
Employees
5,500
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 2,461,700 36.02% | 1,809,800 13.31% | |||||||
Cost of revenue | 1,677,200 | 1,254,100 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 784,500 | 555,700 | |||||||
NOPBT Margin | 31.87% | 30.71% | |||||||
Operating Taxes | 144,500 | 169,400 | |||||||
Tax Rate | 18.42% | 30.48% | |||||||
NOPAT | 640,000 | 386,300 | |||||||
Net income | 417,300 -5.03% | 439,400 76.40% | |||||||
Dividends | (27,100) | (26,000) | |||||||
Dividend yield | 0.26% | 0.16% | |||||||
Proceeds from repurchase of equity | (55,900) | (174,900) | |||||||
BB yield | 0.54% | 1.07% | |||||||
Debt | |||||||||
Debt current | 68,000 | 47,000 | |||||||
Long-term debt | 4,881,900 | 4,599,900 | |||||||
Deferred revenue | 11,800 | 11,800 | |||||||
Other long-term liabilities | 81,000 | 122,400 | |||||||
Net debt | 4,149,500 | 3,857,700 | |||||||
Cash flow | |||||||||
Cash from operating activities | 605,800 | 536,800 | |||||||
CAPEX | (676,500) | (456,800) | |||||||
Cash from investing activities | (718,000) | (3,103,700) | |||||||
Cash from financing activities | 129,300 | 2,416,000 | |||||||
FCF | 114,000 | (367,000) | |||||||
Balance | |||||||||
Cash | 144,500 | 129,800 | |||||||
Long term investments | 655,900 | 659,400 | |||||||
Excess cash | 677,315 | 698,710 | |||||||
Stockholders' equity | 893,600 | 551,500 | |||||||
Invested Capital | 5,202,185 | 4,737,800 | |||||||
ROIC | 12.88% | 11.41% | |||||||
ROCE | 12.52% | 9.87% | |||||||
EV | |||||||||
Common stock shares outstanding | 76,100 | 77,000 | |||||||
Price | 134.93 -36.18% | 211.43 -12.23% | |||||||
Market cap | 10,268,173 -36.93% | 16,280,110 -13.80% | |||||||
EV | 14,417,673 | 20,137,810 | |||||||
EBITDA | 959,700 | 674,700 | |||||||
EV/EBITDA | 15.02 | 29.85 | |||||||
Interest | 268,400 | 147,300 | |||||||
Interest/NOPBT | 34.21% | 26.51% |