| Index | — | P/E | 15.37 | EPS (ttm) | 6.44 | Insider Own | 9.92% | Shs Outstand | 68.55M | Perf Week | 17.81% |
| Market Cap | 6.79B | Forward P/E | 13.38 | EPS next Y | 7.40 | Insider Trans | 0.00% | Shs Float | 64.69M | Perf Month | 30.19% |
| Enterprise Value | 11.34B | PEG | 1.70 | EPS next Q | 1.08 | Short Float | 8.49% | Perf Quarter | 16.00% | ||
| Income | 452.00M | P/S | 2.26 | EPS this Y | 16.51% | Short Ratio | 4.94 | Perf Half Y | 7.97% | ||
| Sales | 3.00B | P/B | 4.84 | EPS next Y | 7.11% | ROA | 6.05% | Short Interest | 5.50M | Perf YTD | -12.98% |
| Book/sh | 20.47 | P/C | 40.64 | EPS next 5Y | 9.04% | ROE | 37.45% | 52W High | 118.35 -16.34% | Perf Year | -1.38% |
| Cash/sh | 2.44 | P/FCF | 12.81 | EPS past 3/5Y | -2.33% — | ROIC | 8.11% | 52W Low | 73.08 35.48% | Perf 3Y | -8.37% |
| Dividend Est. | 0.47 (0.47%) | EV/EBITDA | 9.76 | Sales past 3/5Y | 17.36% 22.66% | Gross Margin | 37.13% | Volatility | 5.86% 3.75% | Perf 5Y | -21.89% |
| Dividend TTM | 0.44 (0.44%) | EV/Sales | 3.77 | EPS Y/Y TTM | 17.09% | Oper. Margin | 25.60% | ATR (14) | 3.52 | Perf 10Y | 323.48% |
| Dividend Ex-Date | Dec 04, 2026 | Quick Ratio | 0.31 | Sales Y/Y TTM | 4.20% | Profit Margin | 15.04% | RSI (14) | 77.00 | Recom | 2.00 |
| Dividend Gr. 3/5Y | 7.05% 7.09% | Current Ratio | 0.32 | EPS Q/Q | 12.84% | SMA20 | 19.13% | Beta | 0.76 | Target Price | 131.75 |
| Payout | 6.99% | Debt/Eq | 3.37 | Sales Q/Q | 1.90% | SMA50 | 19.27% | Rel Volume | 1.62 | Prev Close | 94.83 |
| Employees | 7,800 | LT Debt/Eq | 2.90 | Earnings | Feb 24 | SMA200 | 12.36% | Avg Volume | 1.10M | Price | 99.01 |
| IPO Date | Mar 29, 1993 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 8.96% 0.12% | Net Debt/EBITDA | 3.92 | Volume | 1,780,211 | Change | 4.41% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Oct-27-26 | Reiterated | Stifel Nicolaus | $164 → $132 | |
| Oct-13-26 | Reiterated | RBC Capital | $131 | |
| Sep-02-26 | Initiated | Wolfe Research | Outperform | $119 |
| Jun-12-26 | Reiterated | Truist Financial | Buy | $165 → $145 |
| Oct-24-24 | Reiterated | Stifel Nicolaus | $160 → $164 | |
| Oct-22-24 | Reiterated | Mizuho | Outperform | $157 → $151 |
| Aug-12-24 | Reiterated | Bank of America Securities | $155 | |
| Aug-12-24 | Upgrade | B of A Securities | Neutral → Buy | |
| Jul-29-24 | Reiterated | Jefferies | Buy | $167 |
| Jul-26-24 | Reiterated | Mizuho | Outperform | $157 |
Churchill Downs Incorporated (CDI) is a leading U.S. entertainment enterprise focused on horse racing, online wagering, and general gaming activities. Its extensive operations are categorized into three main divisions: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, CDI's portfolio included three pari-mutuel gaming venues in Kentucky, collectively featuring approximately 3,050 historical racing machines. The company also operates TwinSpires, a comprehensive digital platform offering betting on horse races, sports, and iGaming. Furthermore, CDI manages nine brick-and-mortar sportsbooks and runs casino gaming across eight states, housing around 11,000 slot machines and video lottery terminals, in addition to 200 table games. Beyond these core ventures, Churchill Downs Incorporated delivers streaming video of live horse races and replays, along with a wide array of racing and handicapping information. It also oversees the Bloodstock Research Information Services (BRIS) platform, a valuable source for horse racing statistical data. The company is additionally engaged in designing and deploying pari-mutuel wagering systems for racetracks, off-track betting facilities, and various other wagering enterprises. Established in 1875, Churchill Downs Incorporated is headquartered in Louisville, Kentucky.
Per-holder 13F data hasn't been ingested for this ticker yet.
| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 3,005 | 2,926 | 2,734 | 2,462 | — | — | — | — | — | |
| Cost of Goods Sold Incl. D&A | 1,889 | 1,943 | 1,796 | 1,666 | — | — | — | — | — | |
| Gross Profit | 1,116 | 983 | 939 | 796 | — | — | — | — | — | |
| Selling, General and Administrative Excl. Other | 283 | 246 | 238 | 202 | — | — | — | — | — | |
| Research and Development | 0 | 0 | 0 | 11 | — | — | — | — | — | |
| Other Operating Expense | 64 | 0 | -8 | 19 | — | — | — | — | — | |
| Operating Income | 769 | 736 | 709 | 564 | — | — | — | — | — | |
| Interest Expense | 287 | 298 | 290 | 268 | — | — | — | — | — | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 153 | 94 | 154 | 266 | — | — | — | — | — | |
| Net Income Before Taxes | 635 | 532 | 573 | 562 | — | — | — | — | — | |
| Income Taxes | 179 | 147 | 144 | 145 | — | — | — | — | — | |
| Consolidated Net Income | 452 | 380 | 427 | 417 | — | — | — | — | — | |
| Net Income From Continuing Operations | 457 | 386 | 429 | 417 | — | — | — | — | — | |
| Net Income | 452 | 380 | 427 | 417 | — | — | — | — | — | |
| EPS (Recurring) | 6.45 | 5.36 | 5.73 | 5.55 | — | — | — | — | — | |
| EPS (Basic, Before Extraordinaries) | 6.45 | 5.36 | 5.73 | 5.55 | — | — | — | — | — | |
| EPS (Diluted) | 6.44 | 5.32 | 5.68 | 5.48 | — | — | — | — | — | |
| EBITDA | 1,162 | 1,070 | 1,068 | 1,005 | — | — | — | — | — | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 15.37 | 21.39 | 23.51 | 24.62 | — | — | — | — | — | |
| Price To Sales Ratio | 2.31 | 2.76 | 3.61 | 4.11 | — | — | — | — | — | |
| Gross Margin | 37.14 | 33.60 | 34.35 | 32.33 | — | — | — | — | — | |
| Operating Margin | 25.59 | 25.15 | 25.93 | 22.91 | — | — | — | — | — | |
| Net Margin | 15.04 | 12.99 | 15.62 | 16.94 | — | — | — | — | — | |
| Shares Outstanding | 70 | 71 | 74 | 75 | — | — | — | — | — | |
| Market Capitalization | 6,931 | 8,078 | 9,882 | 10,120 | — | — | — | — | — | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Carstanjen William C. | Chief Executive Officer | Dec 31 '25 | Option Exercise | 0.00 | 26,711 | 0 | 1,702,226 | Jan 05 |
| Dall Marcia A | EVP, and CFO | Dec 31 '25 | Option Exercise | 0.00 | 6,060 | 0 | 148,419 | Jan 05 |
| Blackwell Bradley K. | EVP, General Counsel | Dec 31 '25 | Option Exercise | 0.00 | 5,258 | 0 | 30,313 | Jan 05 |
| Mudd William E. | President and COO | Dec 31 '25 | Option Exercise | 0.00 | 13,477 | 0 | 741,152 | Jan 05 |
| Adams Maureen | EVP, Gaming Operations | Dec 31 '25 | Option Exercise | 0.00 | 2,959 | 0 | 16,558 | Jan 05 |
| Mudd William E. | President and COO | Oct 30 '25 | Option Exercise | 0.00 | 94,966 | 0 | 776,274 | Nov 03 |
| Carstanjen William C. | Chief Executive Officer | Oct 30 '25 | Option Exercise | 0.00 | 151,942 | 0 | 1,743,586 | Nov 03 |
| GRISSOM DOUGLAS C | Director | May 07 '25 | Buy | 92.77 | 10,000 | 927,700 | 38,869 | May 08 |
| Rankin R Alex | Director | May 05 '25 | Buy | 92.65 | 2,000 | 185,300 | 99,012 | May 07 |
| VARGA PAUL C | Director | May 02 '25 | Buy | 92.97 | 2,000 | 185,940 | 33,260 | May 05 |
| Adams Maureen | EVP, Gaming Operations | Feb 10 '25 | Option Exercise | 0.00 | 1,486 | 0 | 14,069 | Feb 12 |
| Blackwell Bradley K. | EVP, General Counsel | Feb 10 '25 | Option Exercise | 0.00 | 1,634 | 0 | 25,622 | Feb 12 |
| Carstanjen William C | Chief Executive Officer | Dec 31 '24 | Option Exercise | 0.00 | 28,091 | 0 | 1,604,231 | Jan 03 |
| Blackwell Bradley K. | EVP, General Counsel | Dec 31 '24 | Option Exercise | 0.00 | 2,959 | 0 | 25,126 | Jan 03 |
| Adams Maureen | EVP, Gaming Operations | Dec 31 '24 | Option Exercise | 0.00 | 2,959 | 0 | 14,164 | Jan 03 |