About Churchill Downs Incorporated
https://www.churchilldownsincorporated.c...Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming.
CEO
William C. Carstanjen
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2023-05-22 | Forward | 2:1 |
| 2019-01-28 | Forward | 3:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 225
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Truist Securities
Buy
Stifel
Buy
Jefferies
Buy
JMP Securities
Market Outperform
Macquarie
Outperform
Mizuho
Outperform
Grade Summary
Showing Top 6 of 10
Price Target
Institutional Ownership
BLACKROCK INC.
Shares:7.51M
Value:$812.1M
BLACKROCK, INC.
Shares:6.38M
Value:$689.27M
VANGUARD GROUP INC
Shares:6.36M
Value:$687.37M
Summary
Showing Top 3 of 537
About Churchill Downs Incorporated
https://www.churchilldownsincorporated.c...Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $683M ▼ | $106.3M ▲ | $37.9M ▼ | 5.55% ▼ | $0.54 ▼ | $194.9M ▼ |
| Q2-2025 | $934.4M ▲ | $64.4M ▲ | $216.9M ▲ | 23.21% ▲ | $3.03 ▲ | $425.6M ▲ |
| Q1-2025 | $642.6M ▲ | $54.9M ▲ | $76.7M ▲ | 11.94% ▲ | $1.02 ▲ | $229M ▲ |
| Q4-2024 | $624.2M ▼ | $52.9M ▼ | $71.7M ▲ | 11.49% ▲ | $0.95 ▲ | $154.4M ▼ |
| Q3-2024 | $628.5M | $59.8M | $64.4M | 10.25% | $0.87 | $210.2M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $180.5M ▼ | $7.45B ▲ | $6.38B ▲ | $1.03B ▼ |
| Q2-2025 | $182.4M ▲ | $7.38B ▲ | $6.31B ▲ | $1.04B ▼ |
| Q1-2025 | $174.2M ▼ | $7.35B ▲ | $6.25B ▲ | $1.07B ▼ |
| Q4-2024 | $175.5M ▲ | $7.28B ▲ | $6.17B ▲ | $1.08B ▼ |
| Q3-2024 | $152.7M | $7.17B | $6.06B | $1.1B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $39.2M ▼ | $187.7M ▼ | $-255.3M ▼ | $50.5M ▲ | $-17.1M ▼ | $267.8M ▲ |
| Q2-2025 | $217.6M ▲ | $239.6M ▼ | $-86M ▼ | $-139.2M ▲ | $14.4M ▼ | $154.9M ▼ |
| Q1-2025 | $77.2M ▲ | $246.5M ▲ | $-80.1M ▲ | $-147.9M ▼ | $18.5M ▼ | $166.4M ▲ |
| Q4-2024 | $74M ▲ | $130.6M ▼ | $-129.4M ▼ | $20.1M ▲ | $21.3M ▲ | $1.2M ▼ |
| Q3-2024 | $66.2M | $169.4M | $-125.7M | $-43.2M | $500K | $43.8M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Gaming | $260.00M ▲ | $260.00M ▲ | $270.00M ▲ | $270.00M ▲ |
 PariMutuel Historical Racing | $230.00M ▲ | $250.00M ▲ | $260.00M ▲ | $250.00M ▼ |
 PariMutuel Live And Simulcast Racing | $100.00M ▲ | $100.00M ▲ | $180.00M ▲ | $110.00M ▼ |
 Product and Service Other | $70.00M ▲ | $70.00M ▲ | $90.00M ▲ | $80.00M ▼ |
 Racing EventRelated Services | $10.00M ▲ | $0 ▼ | $170.00M ▲ | $0 ▼ |
CEO
William C. Carstanjen
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2023-05-22 | Forward | 2:1 |
| 2019-01-28 | Forward | 3:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 225
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Truist Securities
Buy
Stifel
Buy
Jefferies
Buy
JMP Securities
Market Outperform
Macquarie
Outperform
Mizuho
Outperform
Grade Summary
Showing Top 6 of 10
Price Target
Institutional Ownership
BLACKROCK INC.
Shares:7.51M
Value:$812.1M
BLACKROCK, INC.
Shares:6.38M
Value:$689.27M
VANGUARD GROUP INC
Shares:6.36M
Value:$687.37M
Summary
Showing Top 3 of 537