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Buy Day today: Neutral (53) Mixed market breadth · no major macro event

Churchill Downs Incorporated (CHDN)

Consumer Cyclical Gambling
84.30 $
+1.9% vs. previous close
Closing price · As of: 31. Jul 2026
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Appears in These Scanners

This stock currently matches 3 of our scanner strategies — each hit links to the scanner.

Quality & Balance Sheet

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Trading Day

Previous Close
82.70$
Open
83.30$
Day High
85.50$
Day Low
83.20$
Volume
1,588,188shares

Key levels of the most recently completed trading day — not a live quote.

52-Week Range

52-Week Low 52-Week High
82.10 $ 117.60 $
07/22/2026 12/15/2025

Current price 84.30 $ — 6% of the range above the low.

Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.

Basics

Market Cap
5.9$B
Shares Outstanding
70Mio.
Float
94.4%
Beta
0.7

Performance

Perf. 1M
2.80%
Perf. 3M
7.50%
Perf. 6M
-20.30%
YTD Performance (%)
-24.10%
52-Week-High Distance
-29.1%
Perf. 1Y
-20.94%
Perf. 3Y
-26.50%
Perf. 5Y
-7.76%
Perf. 10Y
303.81%
Perf. Since Inception
2,120.29%

Technical Indicators

MA 38 Days
86.70$
MA 50 Days
86.60$
MA 200 Days
95.20$
RSI (14)
46.1
Volatility 30 Days
37.3%
Volatility 250 Days
33.6%

Calculated from the price history · as of 08/03/2026

Valuation

P/E
16.4
Forward P/E
22.9
PEG
1.7
P/B
5.7
P/S
2.0
EV/EBITDA
9.4
Price/FCF
9.4

Profitability

Gross Margin
34.2%
EBIT Margin
21.7%
Net Margin
13.8%
Return on Equity
35.0%
Return on Assets
6.5%

Balance Sheet & Safety

Equity Ratio
14.6%
Debt/Equity
4.5
Altman Z″
4.33
very solid
Piotroski
9 out of 9

Growth

Sales Growth Last Quarter
3.10%
EPS Growth Last Quarter
13.40%
Sales Growth (Year)
7.01%
Forward Sales Growth
3.64%
Forward EPS Growth
5.80%

Dividend

Dividend Yield
0.52%
Dividend Per Share (TTM)
0.44$
Payout Ratio
6.5%
Years Without a Cut
32Years
Increase Streak
15Years

Quality & Screener

Stage
4
RS Rating
24
EPS Rating
61
very solid
Piotroski
9 out of 9
Fundamental Rating
B (57 out of 100)
Altman Z″
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

Growth Score

5 of 10 Solid growth

Ten checks against the annual reports — each one passed counts a point.

  • Revenue grows by more than 15% a year over three years 17.4% passed
  • More than 10% revenue growth is expected for the coming year 3.6% failed
  • Share count grows by less than 3% a year -2.5% passed
  • Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 17.6% failed
  • Gross margin at 40% or higher and without meaningful erosion 33.6% failed
  • Goodwill from acquisitions does not grow faster than revenue 12.0% passed
  • Net debt below twice EBITDA 4.6 x EBITDA failed
  • Operating cash flow covers the profits of the last three years 925 m passed
  • Return on capital at 15% or higher, or up versus two years ago 10.9% passed
  • Insiders hold at least 10% or are net buyers 5.9% failed

A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail

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.

Analysts & Price Target

Current Price 84.30 $
Price Target (average) 132.36 $

The price target sits 57.0% above the current price.

Consensus
Strong Sell
Analyst Ratings
11
Distribution of Recommendations
Strong Buy 8
Buy 3
Hold 0
Sell 0
Strong Sell 0

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
12/31/2026 7.05 6.51 – 8.15 3,027 15.0% 8
12/31/2027 7.68 6.75 – 10.21 3,128 9.0% 8

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.

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The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 624.2 $M Q4 2025: Q1 · 642.6 $M Q1 2025: Q2 · 934.4 $M Q2 2025: Q3 · 683.0 $M Q3 2025: Q4 · 665.9 $M Q4 2026: Q1 · 663.0 $M Q1 2026: Q2 · 980.0 $M Q2

Source: fundamental data

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Quarterly Figures

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.

Annual Figures

Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 1,309 194 108 1.07 227 685 2,254
2017 883 146 141 1.46 218 640 2,359
2018 1,009 189 353 4.24 198 473 1,725
2019 1,330 216 138 1.69 290 508 2,551
2020 1,054 60 -82 -1.03 142 367 2,686
2021 1,597 284 249 3.18 336 307 2,982
2022 1,810 322 439 5.71 537 552 6,207
2023 2,462 564 417 5.48 606 894 6,956
2024 2,734 709 427 5.72 773 1,084 7,276
2025 2,926 736 380 5.32 770 1,010 7,485

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

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.

Employees6,600
HeadquartersLouisville, KY
Address600 North Hurstbourne Parkway, 40222 Louisville, United States
Phone502 636 4400
Websitechurchilldownsincorporated.com
IPO Date29. Mar 1993
ISINUS1714841087
Stock Split2:1 on 05/22/2023

Management

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.

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