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Churchill Downs Incorporated
Churchill Downs Incorporated Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 15,589 | 13.0 | 4.16 | 3.49 | 7,723.21 |
| Oct 2026 | 15,492 | 13.7 | 4.18 | 3.49 | 7,707.11 |
| Oct 2026 | 17,200 | 13.8 | 4.21 | 3.49 | 7,719.64 |
| Oct 2026 | 17,271 | 13.7 | 4.16 | 3.49 | 7,597.70 |
| Oct 2026 | 17,125 | 14.2 | 4.27 | 3.49 | 7,801.05 |
| Oct 2026 | 17,156 | 13.9 | 4.25 | 3.49 | 7,738.21 |
| Oct 2026 | 17,137 | 14.0 | 4.26 | 3.49 | 7,772.10 |
| Oct 2026 | 17,065 | 14.2 | 4.32 | 3.49 | 7,872.13 |
| Oct 2026 | 17,081 | 14.1 | 4.30 | 3.49 | 7,830.46 |
| Oct 2026 | 16,968 | 14.4 | 4.39 | 3.49 | 7,971.30 |
Churchill Downs Incorporated Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 980,000,000.0 | 663,000,000.0 | 665,900,000.0 | 683,000,000.0 |
| Net Profit | 241,000,000.0 | 83,000,000.0 | 51,300,000.0 | 38,100,000.0 |
| EPS | 3.4 | 1.2 | 0.7 | 0.5 |
Churchill Downs Incorporated Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 2,925,900,000.0 | 2,734,300,000.0 | 2,461,700,000.0 | 1,809,800,000.0 | — |
| Net Profit | 383,000,000.0 | 426,800,000.0 | 417,300,000.0 | 439,400,000.0 | — |
| EPS | 5.3 | 5.7 | 5.5 | 5.8 | — |
Churchill Downs Incorporated Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 7,484,500,000.0 | 7,275,900,000.0 | 6,955,500,000.0 | 6,206,800,000.0 | — |
| Total Liabilities | 6,428,700,000.0 | 6,172,600,000.0 | 6,061,900,000.0 | 5,655,300,000.0 | — |
| Total Equity | 1,009,700,000.0 | 1,083,600,000.0 | 893,600,000.0 | 551,500,000.0 | — |
Owes vs Owns
Churchill Downs Incorporated owed $0.82 for every $1 it owned in Jun 2026, down from $0.91 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.82× | 0.86× | 0.85× | 0.87× | 0.91× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
Churchill Downs Incorporated Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 2.7%Receivables 1.5%Fixed assets (tangible) 39.0%Intangible assets 45.6%Long-term investments 9.1%Other assets 1.9%
How it's funded — Dec 2025
Short-term debt 0.8%Long-term debt 67.7%Payables 2.5%Other liabilities 14.9%Shareholders' equity 14.1%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 200.6 | 175.5 | 144.5 | 129.8 |
| Receivables | 110.5 | 113.2 | 119.5 | 95.5 |
| Inventory | 11.9 | 11.6 | 17.2 | 0.0 |
| Fixed assets (tangible) | 2,918.6 | 2,874.9 | 2,561.2 | 1,978.3 |
| Intangible assets | 3,415.5 | 3,309.2 | 3,318.3 | 3,115.6 |
| Long-term investments | 684.6 | 661.2 | 655.9 | 659.4 |
| Other assets | 142.8 | 130.3 | 138.9 | 228.2 |
| Liabilities & equity | ||||
| Short-term debt | 63.1 | 63.1 | 68.0 | 47.0 |
| Long-term debt | 5,067.1 | 4,844.1 | 4,768.3 | 4,558.7 |
| Payables | 184.3 | 180.3 | 158.5 | 145.5 |
| Other liabilities | 1,114.2 | 1,085.1 | 1,067.1 | 904.1 |
| Shareholders' equity | 1,055.8 | 1,103.3 | 893.6 | 551.5 |
| Net tangible assets | -2,405.8 | -2,225.6 | -2,424.7 | -2,564.1 |
Churchill Downs Incorporated Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | 769,800,000.0 | 772,700,000.0 | 605,800,000.0 | 536,800,000.0 | — |
| Investing Activities | -471,500,000.0 | -545,200,000.0 | -718,000,000.0 | -3,103,700,000.0 | — |
| Financing Activities | -262,500,000.0 | -196,600,000.0 | 129,300,000.0 | 2,416,000,000.0 | — |