CHDN
Churchill Downs Inc Consumer Discretionary Services-Racing, Including Track Operation Russell 3000
$94.83Close
$6.6BMarket cap
$73.95 – $117.5952-week range
Jan 27, 2027Next report · estimated
Highlights
Strengths
- Earnings growing EPS +114% year on year, faster than the quarter before (+99 pts)
Cautions
- Not in an uptrend 3 of 8 trend conditions
- Lagging the market RS 49 · weaker than 51% of stocks over 12 months
- Extended 4.1 ATR above its 50-day average
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
19%
1wk
up 13.3%
price change
1mo
up 25.3%
price change
12-month return
down 5%
market up 11% ·
its own down 16%
F-score
—
— Not assessed
Altman Z″
0.97
Elevated risk
P/E
17.2×
price / earnings
PEG
—
P/E / EPS growth
P/B
6.5×
price / book
Earnings yield
up 6.0%
EBIT / enterprise value
Cheaper than
64%
of the market · cheap
Revenue growth
up 7%
year on year
EPS growth
up 114%
latest quarter · +99 pts
Sales growth
up 2%
latest quarter · -3 pts
ROE
up 37%
return on equity
Free cash margin
up 26%
$769.8M FCF
D/E
5.02
long-term debt / equity
Net debt / EBITDA
5.3×
Interest cover
2.3×EBIT / interest
Trade setup
ATR%
3.5%
$3.31 a day · 2×ATR $88.21
RS
49 / 99
vs the universe
Trend
3 / 8
trend template
Relative volume
1.7×
vs 50-day average
Up/down volume
1.12
50 sessions
Implied move
—
no scheduled report
Trend template · 3 of 8
- Price above the 150 and 200-day averages: passes
- 150-day average above the 200-day: fails
- 200-day average rising for a month: fails
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: passes
- At least 30% above the 52-week low: fails
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Heavily indebted Net debt is 5.3 times EBITDA — roughly 5 years of earnings before interest, tax and depreciation to repay borrowings in full.
Last reported
Oct 28, 2026
Results reaction
Oct 28, 2026+12% vs market2 sessions after results
Financials
- Net 13%
- Free cash 26%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.6B | $1.8B | $2.5B | $2.7B | $2.9B |
| Operating income | $60.2M | $284.4M | $321.8M | $564.0M | $709.0M | $683.8M |
| Net income | -$81.9M | $249.1M | $439.4M | $417.3M | $426.8M | $383.0M |
| Net margin | -8% | 16% | 24% | 17% | 16% | 13% |
| Earnings per share | -$1.02 | $3.18 | $5.71 | $5.48 | $5.72 | $5.33 |
| Free cash flow | $141.9M | $459.5M | $510.8M | $605.3M | $771.7M | $769.8M |
| Free cash margin | 13% | 29% | 28% | 25% | 28% | 26% |
| Cash | $67.4M | $291.3M | $129.8M | $144.5M | $175.5M | $201.0M |
| Long-term debt | $1.6B | $2.0B | $4.6B | $4.8B | $4.8B | $5.1B |
| Shareholders' equity | $367.1M | $306.8M | $551.5M | $893.6M | $1.1B | $1.0B |
| Shares outstanding | 79m | 76.20m | 74.80m | 74.50m | 73.50m | 69.60m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 28, 2026 | Quarterly ↗ | Sep 30, 2026 | 28d |
| Jul 29, 2026 | Quarterly ↗ | Jun 30, 2026 | 29d |
| Apr 22, 2026 | Quarterly ↗ | Mar 31, 2026 | 22d |
| Feb 25, 2026 | Annual ↗ | Dec 31, 2025 | 56d |
| Oct 22, 2025 | Quarterly ↗ | Sep 30, 2025 | 22d |
| Jul 23, 2025 | Quarterly ↗ | Jun 30, 2025 | 23d |
| Apr 23, 2025 | Quarterly ↗ | Mar 31, 2025 | 23d |
| Feb 20, 2025 | Annual ↗ | Dec 31, 2024 | 51d |
| Oct 23, 2024 | Quarterly ↗ | Sep 30, 2024 | 23d |
| Jul 24, 2024 | Quarterly ↗ | Jun 30, 2024 | 24d |
| Apr 24, 2024 | Quarterly ↗ | Mar 31, 2024 | 24d |
| Feb 21, 2024 | Annual ↗ | Dec 31, 2023 | 52d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 28, 2026 | Regulation FD ↗ |
| Oct 28, 2026 | Director or officer change · Regulation FD ↗ |
| Oct 28, 2026 | Results ↗ |
| Sep 28, 2026 | Material agreement · New obligation · Regulation FD ↗ |
| Jul 29, 2026 | Results ↗ |
| Jul 29, 2026 | Other events ↗ |
| Apr 22, 2026 | Results ↗ |
| Apr 21, 2026 | Shareholder vote ↗ |
| Feb 25, 2026 | Results ↗ |
| Oct 22, 2025 | Results ↗ |
| Aug 27, 2025 | Regulation FD ↗ |
| Jul 23, 2025 | Regulation FD ↗ |