Churchill Downs Incorporated logo

CHDNChurchill Downs Incorporated

NASDAQ · Consumer Cyclical · Gambling

$88.67

-$2.04 (-2.25%)

Churchill Downs Incorporated (CHDN) is a gambling company listed on NASDAQ. It is led by William C. Carstanjen, based in 600 North Hurstbourne Parkway, Louisville, KY, United States, 40222, with about 6,600 employees. 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. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

Latest reported CHDN revenue for 2025-09-30 was $683.0M. Net income was $39.2M. Revenue was down 26.9% from 2025-06-30 to 2025-09-30. CHDN currently screens at market cap $6.12B and trailing P/E 16.2.

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About Churchill Downs Incorporated

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. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

CHDN Key Statistics

Market Cap

$6.12B

Volume

723,917

Previous Close

$90.71

Day Range

$88.57$91.11

P/E Ratio

16.16

P/B Ratio

5.58

EPS

$0.00

Revenue

$2.73B

Net Income

$429.10M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

0.49%

Revenue Growth

+11.1%

Profit Margin

15.7%

Employees

6,600

CHDN Financials

Annual income statement in USD. Latest reported periods first.

CHDN annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$2.73B$2.46B$1.81B$1.60B
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$429.10M$417.30M$439.40M$249.10M
EPS (Diluted)$0.00$5.49$5.71$3.18

Total Assets

$7.28B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$175.50M

Operating Cash Flow

$0.00

Free Cash Flow

$0.00

Churchill Downs Incorporated Company Information

CEO & Director
William C. Carstanjen
Headquarters
600 North Hurstbourne Parkway, Louisville, KY, United States, 40222
Phone
502 636 4400
IPO / Founded
1993-03-29
Industry
Gambling
Data Updated:

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