Churchill Downs (1CHDN) Stock Overview

Operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. More details

1CHDN fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 16.9% below our estimate of its fair value

Earnings are forecast to grow 10.5% per year

Earnings have grown 27.6% per year over the past 5 years

Risk Analysis

Interest payments are not well covered by earnings

Volatile share price over the past 3 months compared to the Italian market

1CHDN Community Fair Values

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Churchill Downs Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Churchill Downs
Historical stock prices
Current Share Price	US$92.50
52 Week High	US$0
52 Week Low	US$0
Beta	0.95
1 Month Change	6.32%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	18.59%

Recent updates

Shareholder Returns

	1CHDN	IT Hospitality	IT Market
7D	1.6%	-3.9%	1.5%
1Y	n/a	109.0%	19.3%

Return vs Industry: Insufficient data to determine how 1CHDN performed against the Italian Hospitality industry.

Return vs Market: Insufficient data to determine how 1CHDN performed against the Italian Market.

Price Volatility

Is 1CHDN's price volatile compared to industry and market?
1CHDN volatility
1CHDN Average Weekly Movement	6.1%
Hospitality Industry Average Movement	7.5%
Market Average Movement	4.2%
10% most volatile stocks in IT Market	8.1%
10% least volatile stocks in IT Market	2.6%

Stable Share Price: 1CHDN's share price has been volatile over the past 3 months compared to the Italian market.

Volatility Over Time: Insufficient data to determine 1CHDN's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1875	7,675	Bill Carstanjen	www.churchilldownsincorporated.com

Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services.

Churchill Downs Incorporated Fundamentals Summary

How do Churchill Downs's earnings and revenue compare to its market cap?
1CHDN fundamental statistics
Market cap	€6.51b
Earnings (TTM)	€366.18m
Revenue (TTM)	€2.41b

18.5x

P/E Ratio

2.8x

P/S Ratio

Is 1CHDN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1CHDN income statement (TTM)
Revenue	US$2.83b
Cost of Revenue	US$1.88b
Gross Profit	US$946.90m
Other Expenses	US$516.20m
Earnings	US$430.70m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	6.14
Gross Margin	33.46%
Net Profit Margin	15.22%
Debt/Equity Ratio	470.4%

How did 1CHDN perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/24 08:06
End of Day Share Price	2025/07/24 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Churchill Downs Incorporated is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brandt Montour	Barclays
Zachary Silverberg	Berenberg
Shaun Kelley	BofA Global Research

Churchill DownsBIT:1CHDN Stock Report