CHDN

Churchill Downs Incorporated
NASDAQCONSUMER CYCLICALGAMBLING

Key Statistics

Market Cap
$6.07B
P/E Ratio
14.78
EPS
$5.89
Beta
0.67
52W High
$118.35
52W Low
$79.40
50-Day MA
$87.41
200-Day MA
$94.10
Dividend Yield
0.49%
Profit Margin
13.80%
Forward P/E
22.94
PEG Ratio
1.69

About Churchill Downs Incorporated

Churchill Downs Incorporated is a gaming, online betting and racing entertainment company in the United States. The company is headquartered in Louisville, Kentucky.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$2.99B
Gross Profit (TTM)$1.02B
EBITDA$990.70M
Operating Margin36.50%
Return on Equity33.90%
Return on Assets6.48%
Revenue/Share (TTM)$42.80
Book Value$19.16
Price-to-Book4.69
Price-to-Sales (TTM)2.03
EV/Revenue3.635
EV/EBITDA9.75
Quarterly Earnings Growth (YoY)14.40%
Quarterly Revenue Growth (YoY)4.90%
Shares Outstanding$69.70M
Float$65.78M
% Insiders5.91%
% Institutions89.32%

Historical Volatility

HV 10-Day
40.79%
HV 20-Day
35.72%
HV 30-Day
37.43%
HV 60-Day
36.86%
HV Rank
64.7%

Volatility is currently expanding

Analyst Ratings

Consensus ($130.58 target)
3
Strong Buy
8
Buy

Latest News

Churchill Downs: Wall Street Continues To Underestimate The Kentucky Derby Empire

Churchill Downs is evolving beyond horse racing, building a diversified gaming ecosystem anchored by valuable licenses, historical racing machines, and wagering technologies. Q2 2026 results set company records, with revenue up 5% to $980M and adjusted EBITDA up 6% to $477M, showcasing operational leverage. Earnings growth outpaced revenue, with adjusted diluted EPS rising 11% to $3.45, indicating improved margin conversion and management execution.

Seeking Alpha8/20/2026Positive
Churchill Downs Q2 Earnings Call Highlights

Churchill Downs NASDAQ: CHDN reported record second-quarter revenue of $980 million and record adjusted EBITDA of $477 million, marking its sixth consecutive record second quarter for both measures. The company said results were supported by the 152nd Kentucky Derby, growth at historical racing machine properties and continued expansion in wagering services.

MarketBeat7/30/2026Positive
Churchill Downs Incorporated Announces Update on Capital Projects at Churchill Downs Racetrack for 2027 and 2028

Victory Run Construction is Underway Expanded Homestretch Club and Upgraded Seating in the Infield LOUISVILLE, Ky., July 29, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today an update on three of its current and upcoming capital projects at Churchill Downs Racetrack (“Churchill Downs”) expected to be completed in 2027 and 2028.

GlobeNewsWire7/29/2026Neutral
Churchill Downs Incorporated 2026 Second Quarter Financial Results Conference Call Invitation

LOUISVILLE, Ky., June 18, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) announced today that the Company will release second quarter 2026 financial results after the market closes on Wednesday, July 29, 2026, and host a related conference call to discuss the quarter on Thursday, July 30, 2026, at 9 a.m.

GlobeNewsWire6/18/2026Neutral

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Data last updated: 9/7/2026