Churchill Downs Incorporated (CHDN)
Consumer Cyclical
Gambling
84.30 $
Closing price · As of: 31. Jul 2026
🔔 Watch stock
Stock Watch
Stock Watch will tell you what changes at Churchill Downs Incorporated.
Later $1 a month per stock — signing up is free, and you'll be the first to know when it launches.
Appears in These Scanners
This stock currently matches 3 of our scanner strategies — each hit links to the scanner.
Growth
Quality & Balance Sheet
Breakout & Setup
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Basics
Market Cap
The value of the entire company on the market: share price times total shares outstanding.
5.9$B
Shares Outstanding
Total number of shares issued. Price times share count gives market cap.
70Mio.
Float
Share of stock freely tradable on the market — not locked up in the hands of founders, insiders, or major shareholders.
94.4%
Beta
Volatility versus the overall market: 1 = moves like the market, 2 = twice as much, under 1 = calmer than the market.
0.7
Performance
Perf. 1M
Price performance over the last month.
2.80%
Perf. 3M
Price performance over the last 3 months.
7.50%
Perf. 6M
Price performance over the last 6 months.
-20.30%
YTD Performance (%)
Price performance since the start of the year (Year to Date).
-24.10%
52-Week-High Distance
How far the price sits below its highest point over the last 52 weeks. 0% means the stock is at its year high.
-29.1%
Valuation
P/E
Price-to-earnings ratio: how many years of profit does the stock cost? The lower, the cheaper the valuation. No earnings means no P/E.
16.4
Forward P/E
P/E based on expected earnings for the next 12 months instead of past earnings — analysts' bet on the future.
22.9
PEG
P/E divided by expected earnings growth: puts valuation in relation to growth. Around 1 is considered fair, well above that is pricey.
1.7
P/B
Price-to-book ratio: market value relative to book equity.
5.7
P/S
Price-to-sales ratio: market value divided by annual sales. Important for companies that aren't (yet) profitable.
2.0
EV/EBITDA
Enterprise value including debt (EV) relative to operating profit before depreciation and amortization (EBITDA) — more comparable than P/E because debt counts too. Extreme values arise when EBITDA is near zero.
10.2
Price/FCF
Market value divided by free cash flow: how many years of freely available cash does the stock cost? More honest than P/E because cash flow is harder to dress up.
9.4
Profitability
Gross Margin
Gross margin: what's left of sales after only direct production costs are deducted — the product's pricing power.
33.8%
EBIT Margin
EBIT margin: operating profit as a percentage of sales — the earning power of the core business before interest and taxes.
21.7%
Net Margin
Net margin: what's left of sales as profit after ALL costs, interest, and taxes.
13.2%
Return on Equity
Return on equity: how much profit does the company generate per year on shareholders' equity?
35.0%
Return on Assets
Return on assets: how much profit the company generates from its total assets (equity and debt combined).
6.3%
Balance Sheet & Safety
Equity Ratio
Equity ratio: equity as a share of total assets. The higher, the more resilient the balance sheet.
14.6%
Debt/Equity
Leverage ratio: financial debt divided by equity. Under 1 is generally seen as solid; negative values mean negative equity.
4.5
Altman Z″
Edward Altman's bankruptcy early-warning score. We use the Z″ variant, built from four balance-sheet ratios — it is designed for service companies and non-manufacturers and uses book value instead of market value. On that scale: below 1.1 = danger zone, 2.6 and up = safe zone, in between a grey area. Because the classic Altman Z is calculated differently, the two numbers are not directly comparable. The formula does not fit banks, insurers, or real-estate stocks.
4.33
very solid
Piotroski
Balance-sheet health check by Joseph Piotroski: 9 yes/no criteria on profit, cash flow, leverage, and efficiency. 7+ is very solid, under 3 is a red flag.
9 out of 9
Growth
Sales Growth Last Quarter
Sales growth in the most recently reported quarter versus the same quarter a year ago (YoY).
3.10%
EPS Growth Last Quarter
Growth in earnings per share in the most recently reported quarter versus the same quarter a year ago (YoY).
13.40%
Sales Growth (Year)
Sales growth in the last fiscal year versus the year before.
7.01%
Forward Sales Growth
Sales growth analysts expect over the next 12 months — an estimate, not a guarantee.
3.64%
Forward EPS Growth
Earnings-per-share growth analysts expect over the next 12 months — an estimate, not a guarantee.
5.80%
Dividend
Dividend Yield
Annual dividend divided by the current price: what percentage of your investment comes back as a payout each year.
0.48%
Dividend Per Share (TTM)
Sum of dividends paid per share over the last 12 months.
0.44$
Payout Ratio
Share of profit paid out as dividends. Over 100% means the company is paying out more than it earns — not sustainable long-term.
6.9%
Years Without a Cut
How many years in a row the dividend hasn't been cut — a measure of reliability.
32Years
Increase Streak
How many years in a row the dividend has been raised — the gold standard for dividend payers.
15Years
Quality & Screener
Stage
Weinstein phases 1 through 4: 1 = basing, 2 = uptrend (the only buy phase), 3 = topping, 4 = downtrend. Measured against the 30-week line.
4
RS Rating
Relative strength from 1 to 99: an RS of 95 means the stock has outperformed 95% of all stocks.
24
EPS Rating
Earnings growth rating from 1 to 99 versus all stocks — high values mean above-average earnings growth.
61
very solid
Piotroski
Balance-sheet health check by Joseph Piotroski: 9 yes/no criteria on profit, cash flow, leverage, and efficiency. 7+ is very solid, under 3 is a red flag.
9 out of 9
Fundamental Rating
Our own Fundamental Rating: 0 to 100 points with an A+ to F grade. 50 points is the average across the universe, 100 the best possible score. It scores growth, earnings surprises, analyst estimates, margins, cash flow, and balance-sheet safety — every stock percentile-ranked against all others. Grades: A+ from 95, A from 75, B from 55, C from 45, D from 25, E from 5, F below.
B (57 out of 100)
Altman Z″
Edward Altman's bankruptcy early-warning score. We use the Z″ variant, built from four balance-sheet ratios — it is designed for service companies and non-manufacturers and uses book value instead of market value. On that scale: below 1.1 = danger zone, 2.6 and up = safe zone, in between a grey area. Because the classic Altman Z is calculated differently, the two numbers are not directly comparable. The formula does not fit banks, insurers, or real-estate stocks.
4.33
AI Rating
–Not yet rated — we only show a category once an SEC-backed file with at least two cited passages is available. How the Rating Is Built
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Quarterly Figures
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.96 | 26.50 | 624 | 11.20 | 11.50 | 131 | 1 |
| 2025: Q1 | 1.03 | -4.20 | 643 | 8.70 | 11.90 | 247 | 166 |
| 2025: Q2 | 3.00 | 6.90 | 934 | 4.90 | 23.20 | 240 | 155 |
| 2025: Q3 | 0.53 | -38.20 | 683 | 8.70 | 5.50 | 188 | 128 |
| 2025: Q4 | 0.69 | -27.80 | 666 | 6.70 | 7.50 | 96 | 46 |
| 2026: Q1 | 1.16 | 12.20 | 663 | 3.20 | 12.20 | 295 | 236 |
| 2026: Q2 | – | – | 980 | 4.90 | 24.60 | 217 | 217 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
About the Company
Churchill Downs Incorporated betreibt Veranstaltungsorte für Live- und historische Pferderennen, Online-Wettgeschäfte und regionale Casino-Glücksspielobjekte in den USA. Es ist in drei Segmenten tätig: Live and Historical Racing, Wagering Services and Solutions und Gaming.
| Employees | 6,600 |
|---|---|
| Headquarters | Louisville, KY |
| Website | churchilldownsincorporated.com |
| IPO Date | 29. Mar 1993 |
| Next Earnings | 29. Jul 2026 |
Management
| Name | Title | Birth Year |
|---|---|---|
| William C. Carstanjen | CEO & Director | 1968 |
| William E. Mudd | President & COO | 1971 |
| Marcia Ann Dall CPA | Executive VP & CFO | 1964 |
| Bradley K. Blackwell J.D. | Executive VP, General Counsel & Secretary | 1972 |
| Jon E. Rauch | VP & Chief Accounting Officer | – |
| Nate Simon | Senior VP & CTO | – |
| Sam Ullrich | Vice President of Investor Relations | – |
| Jason Sauer | Senior Vice President of Corporate Development | – |
| M. Katherine Armstrong | Senior VP of Human Resources | – |
| Michael W. Anderson | Senior VP & President of Churchill Downs Racetrack | 1971 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Chart
Interactive price chart (TradingView).
Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.