Churchill Downs Incorporated
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 16.6 | 17.7 | 23.6 | 13.1 | 17.0 | 20.3 | 28.6 | 20.8 | 65.4 | 6.3 | 19.6 | 48.0 | 19.8 | 31.2 | 41.6 | 13.9 | 19.9 | 29.3 | 36.2 | 38.1 | 23.4 | 26.5 | 9.6 | 40.5 | – | 37.9 | 18.5 | 24.6 | 23.3 | 21.4 | |
| 1.2 | 1.4 | 1.7 | 0.8 | 0.9 | 1.1 | 1.4 | 1.2 | 1.3 | 1.2 | 1.5 | 1.8 | 1.3 | 1.2 | 1.2 | 1.3 | 1.6 | 2.1 | 2.1 | 2.1 | 1.9 | 4.2 | 3.4 | 4.2 | 7.3 | 5.9 | 4.5 | 4.2 | 3.6 | 2.8 | |
| 2.8 | 3.0 | 3.8 | 1.4 | 1.6 | 2.1 | 2.5 | 2.0 | 2.5 | 1.6 | 1.7 | 2.1 | 1.4 | 1.3 | 1.3 | 1.5 | 1.8 | 2.3 | 2.4 | 4.0 | 3.7 | 5.8 | 7.1 | 11.0 | 21.0 | 30.8 | 14.8 | 11.5 | 9.2 | 8.0 | |
| 1.2 | 1.3 | 1.6 | 0.7 | 1.3 | 1.3 | 1.6 | 1.4 | 1.8 | 1.3 | 1.6 | 2.1 | 1.5 | 1.4 | 1.6 | 1.4 | 1.8 | 2.5 | 2.9 | 2.5 | 2.4 | 4.7 | 3.7 | 4.9 | 8.3 | 6.5 | 5.8 | 6.1 | 5.4 | 4.4 | |
| 7.3 | 8.0 | 10.6 | 3.8 | 7.4 | 8.1 | 10.9 | 13.8 | 16.0 | 11.3 | 8.8 | 15.2 | 8.1 | 9.4 | 11.6 | 6.3 | 8.8 | 12.6 | 14.4 | 11.5 | 11.6 | 18.5 | 11.1 | 17.8 | 47.0 | 19.5 | 12.0 | 14.9 | 13.8 | 12.1 | |
| 10.8 | 27.2 | – | – | 67.8 | 13.3 | 47.2 | 80.7 | – | – | 25.5 | 134.9 | 14.9 | – | – | 6.0 | 11.5 | 17.2 | 19.7 | 11.4 | 14.9 | 36.8 | 69.9 | 44.1 | – | 38.7 | 101.7 | – | 44.1 | 26.2 | |
| 9.3% | 3.7% | -4.0% | -101.9% | 1.5% | 7.5% | 2.1% | 1.2% | -4.8% | -9.0% | 3.9% | 0.7% | 6.7% | -2.7% | -0.7% | 16.6% | 8.7% | 5.8% | 5.1% | 8.8% | 6.7% | 2.7% | 1.4% | 2.3% | -1.2% | 2.6% | 1.0% | -0.7% | 2.3% | 3.8% | |
| Margins | ||||||||||||||||||||||||||||||
| 24.0% | 23.6% | 23.1% | 24.1% | 25.3% | 19.1% | 19.5% | 18.5% | 17.2% | 16.3% | 19.9% | 20.5% | 20.0% | 19.5% | 16.1% | 20.9% | 22.3% | 22.2% | 22.0% | 23.9% | 24.1% | 28.6% | 28.7% | 25.8% | 18.4% | 27.9% | 31.3% | 32.3% | 34.3% | 33.6% | |
| 11.5% | 12.1% | 11.7% | 12.6% | 12.9% | 11.6% | 10.4% | 10.4% | 6.6% | 5.1% | 13.2% | 8.2% | 12.3% | 7.9% | 5.4% | 11.6% | 13.2% | 11.6% | 11.1% | 10.2% | 14.8% | 16.5% | 18.7% | 16.2% | 5.7% | 17.8% | 17.8% | 22.9% | 25.9% | 25.2% | |
| 7.5% | 7.7% | 7.1% | 5.8% | 5.3% | 5.2% | 4.8% | 5.7% | 2.0% | 19.3% | 7.9% | 3.8% | 6.6% | 3.8% | 2.8% | 9.2% | 8.0% | 7.0% | 5.7% | 5.4% | 8.3% | 15.9% | 35.0% | 10.3% | -7.8% | 15.6% | 24.3% | 17.0% | 15.6% | 13.0% | |
| 11.6% | 5.0% | -6.8% | -77.7% | 1.3% | 7.9% | 2.9% | 1.5% | -6.2% | -10.9% | 6.1% | 1.4% | 8.8% | -3.2% | -0.8% | 21.3% | 13.8% | 12.0% | 10.4% | 18.0% | 13.0% | 11.5% | 4.8% | 9.5% | -8.8% | 15.3% | 4.4% | -2.9% | 8.3% | 10.6% | |
| Returns | ||||||||||||||||||||||||||||||
| 16.9% | 17.0% | 16.1% | 10.9% | 9.5% | 10.2% | 8.9% | 9.4% | 3.8% | 25.0% | 8.5% | 4.3% | 7.2% | 4.1% | 3.2% | 11.0% | 9.0% | 7.8% | 6.6% | 10.6% | 15.8% | 21.9% | 74.5% | 27.1% | -22.3% | 81.2% | 79.7% | 46.7% | 39.4% | 37.6% | |
| 10.0% | 10.6% | 9.2% | 3.8% | 4.1% | 4.7% | 4.5% | 4.7% | 1.4% | 15.3% | 5.5% | 2.5% | 4.5% | 2.3% | 1.6% | 6.8% | 5.2% | 4.1% | 2.0% | 2.9% | 4.8% | 6.0% | 20.4% | 5.4% | -3.0% | 8.4% | 7.1% | 6.0% | 5.9% | 5.1% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -8.1 | -9.2 | -6.3 | -29 | 147 | 118 | 109 | 110 | 253 | 55 | 33 | 111 | 88 | 100 | 259 | 106 | 179 | 325 | 702 | 535 | 560 | 445 | 364 | 994 | 1,024 | 1,008 | 2,394 | 4,700 | 4,740 | 4,850 | |
| -0.5 | -0.5 | -0.3 | -0.7 | 2.3 | 1.7 | 1.7 | 2.5 | 4.8 | 1.1 | 0.5 | 1.9 | 1.1 | 1.5 | 3.2 | 0.7 | 1.2 | 2.1 | 4.2 | 2.0 | 2.1 | 2.0 | 1.1 | 2.7 | 5.5 | 1.9 | 2.7 | 4.7 | 4.4 | 4.5 | |
| 59.2% | 62.2% | 56.8% | 34.7% | 43.1% | 46.2% | 50.1% | 50.4% | 37.1% | 61.5% | 64.1% | 58.8% | 61.8% | 56.1% | 49.7% | 61.6% | 57.8% | 52.1% | 29.7% | 27.1% | 30.4% | 27.1% | 27.4% | 19.9% | 13.7% | 10.3% | 8.9% | 12.8% | 14.9% | 13.5% | |
| 0.0 | 0.0 | 0.0 | 0.0 | 0.8 | 0.6 | 0.5 | 0.5 | 1.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.6 | 0.2 | 0.3 | 0.5 | 1.1 | 1.0 | 0.9 | 0.8 | 1.1 | 2.1 | 3.0 | 4.2 | 4.6 | 5.4 | 4.5 | 5.1 | |
| Per Share | ||||||||||||||||||||||||||||||
| 0.18 | 0.21 | 0.23 | 0.29 | 0.29 | 0.30 | 0.22 | 0.29 | 0.11 | 0.97 | 0.36 | 0.19 | 0.34 | 0.20 | 0.17 | 0.63 | 0.56 | 0.51 | 0.44 | 0.62 | 1.07 | 1.46 | 4.24 | 1.69 | -1.03 | 3.18 | 5.71 | 5.48 | 5.72 | 5.32 | |
| 2.41 | 2.71 | 3.26 | 4.94 | 5.51 | 5.87 | 4.67 | 5.16 | 5.80 | 5.05 | 4.59 | 4.90 | 5.12 | 5.22 | 6.23 | 6.78 | 6.99 | 7.24 | 7.70 | 11.50 | 12.98 | 9.19 | 12.13 | 16.38 | 13.31 | 20.37 | 23.50 | 32.35 | 36.65 | 40.98 | |
| 1.07 | 1.22 | 1.44 | 2.64 | 3.08 | 2.98 | 2.50 | 3.10 | 2.99 | 3.90 | 4.27 | 4.38 | 4.68 | 4.83 | 5.39 | 5.68 | 6.14 | 6.55 | 6.63 | 5.85 | 6.80 | 6.67 | 5.69 | 6.26 | 4.64 | 3.91 | 7.16 | 11.74 | 14.53 | 14.14 | |
| 0.28 | 0.13 | -0.22 | -3.84 | 0.07 | 0.46 | 0.14 | 0.08 | -0.36 | -0.55 | 0.28 | 0.07 | 0.45 | -0.17 | -0.05 | 1.44 | 0.96 | 0.87 | 0.80 | 2.07 | 1.68 | 1.06 | 0.58 | 1.56 | -1.17 | 3.11 | 1.04 | -0.93 | 3.03 | 4.34 | |
Data as of: September 22, 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.