Churchill Downs Inc
NASDAQ:CHDN

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Churchill Downs Inc
NASDAQ:CHDN
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Price: 141.87 USD -0.36% Market Closed
Market Cap: 10.4B USD
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Income Statement

Earnings Waterfall
Churchill Downs Inc

Revenue
2.7B USD
Cost of Revenue
-1.7B USD
Gross Profit
933.6m USD
Operating Expenses
-237.5m USD
Operating Income
696.1m USD
Other Expenses
-285.2m USD
Net Income
410.9m USD

Income Statement
Churchill Downs Inc

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
806
N/A
812
+1%
896
+10%
1 002
+12%
1 108
+11%
1 212
+9%
1 250
+3%
1 279
+2%
1 303
+2%
822
-37%
702
-15%
602
-14%
496
-18%
883
+78%
904
+2%
945
+4%
969
+3%
1 009
+4%
1 085
+8%
1 183
+9%
1 268
+7%
1 330
+5%
1 317
-1%
1 025
-22%
1 056
+3%
1 054
0%
1 125
+7%
1 455
+29%
1 511
+4%
1 597
+6%
1 637
+2%
1 704
+4%
1 695
-1%
1 810
+7%
2 005
+11%
2 191
+9%
2 381
+9%
2 462
+3%
2 493
+1%
2 615
+5%
2 671
+2%
Gross Profit
Cost of Revenue
(789)
(636)
(708)
(781)
(867)
(937)
(966)
(984)
(990)
(597)
(491)
(406)
(316)
(631)
(640)
(662)
(686)
(719)
(763)
(814)
(861)
(898)
(906)
(788)
(796)
(776)
(808)
(975)
(1 014)
(1 091)
(1 124)
(1 147)
(1 157)
(1 232)
(1 347)
(1 471)
(1 600)
(1 650)
(1 672)
(1 707)
(1 738)
Gross Profit
18
N/A
177
+909%
188
+6%
221
+18%
242
+9%
276
+14%
284
+3%
295
+4%
313
+6%
226
-28%
210
-7%
197
-6%
180
-9%
252
+40%
264
+5%
283
+7%
283
+0%
290
+2%
322
+11%
369
+15%
407
+10%
432
+6%
412
-5%
237
-42%
260
+10%
278
+7%
317
+14%
481
+51%
497
+3%
507
+2%
513
+1%
558
+9%
538
-4%
577
+7%
658
+14%
720
+9%
780
+8%
811
+4%
822
+1%
909
+11%
934
+3%
Operating Income
Operating Expenses
81
(82)
(93)
(106)
(122)
(130)
(132)
(135)
(141)
(77)
(62)
(44)
(27)
(85)
(84)
(87)
(89)
(91)
(113)
(141)
(177)
(211)
(216)
(198)
(200)
(200)
(198)
(214)
(211)
(199)
(195)
(185)
(171)
(175)
(194)
(206)
(216)
(218)
(218)
(225)
(238)
Selling, General & Administrative
(81)
(82)
(83)
(86)
(92)
(91)
(92)
(95)
(98)
(79)
(75)
(71)
(63)
(83)
(83)
(86)
(88)
(91)
(97)
(104)
(117)
(122)
(121)
(114)
(118)
(115)
(121)
(132)
(129)
(139)
(144)
(149)
(152)
(164)
(181)
(190)
(202)
(202)
(205)
(214)
(224)
Research & Development
0
0
(10)
(20)
(30)
(39)
(40)
(40)
(39)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
162
0
0
0
0
0
0
0
(4)
2
13
27
36
(2)
0
0
0
0
(16)
(37)
(60)
(89)
(95)
(85)
(82)
(85)
(77)
(83)
(82)
(61)
(50)
(36)
(19)
(11)
(13)
(16)
(14)
(16)
(13)
(11)
(14)
Operating Income
99
N/A
94
-5%
95
+1%
115
+21%
119
+3%
145
+22%
152
+5%
161
+6%
172
+7%
149
-14%
148
0%
153
+3%
153
0%
167
+9%
180
+8%
195
+9%
194
-1%
199
+3%
210
+5%
228
+9%
231
+1%
221
-4%
196
-11%
39
-80%
60
+55%
79
+32%
119
+52%
266
+123%
286
+7%
308
+8%
318
+3%
372
+17%
367
-1%
402
+10%
465
+16%
514
+11%
564
+10%
593
+5%
604
+2%
684
+13%
696
+2%
Pre-Tax Income
Interest Income Expense
(14)
(15)
(11)
(13)
(13)
(17)
(26)
(32)
(30)
(26)
(25)
(23)
(20)
(24)
(21)
(18)
(15)
(11)
(17)
(26)
(30)
(20)
(33)
(55)
(42)
(52)
(24)
22
34
59
64
55
41
5
(32)
(64)
(105)
(122)
(128)
(138)
(143)
Non-Reccuring Items
0
(4)
(10)
(18)
(21)
(22)
(18)
(11)
(9)
24
26
27
28
(42)
(44)
(45)
(50)
(10)
(12)
(11)
(6)
(5)
(20)
(19)
(19)
(19)
(1)
(12)
(13)
(23)
(33)
(23)
(22)
(80)
44
20
20
(29)
(34)
(9)
(8)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
55
55
0
0
0
0
0
0
0
0
0
0
0
0
0
275
275
275
0
0
0
114
0
0
0
Total Other Income
1
1
0
0
(0)
6
6
6
6
1
2
2
2
1
1
1
1
1
56
56
1
1
0
1
0
0
0
0
1
1
1
1
5
7
283
8
8
6
13
13
9
Pre-Tax Income
86
N/A
77
-11%
75
-2%
85
+13%
85
+1%
112
+32%
114
+2%
124
+9%
139
+12%
147
+6%
151
+3%
159
+5%
162
+2%
103
-37%
116
+14%
133
+14%
184
+39%
234
+27%
236
+1%
247
+5%
195
-21%
196
+1%
144
-27%
(35)
N/A
(1)
+98%
8
N/A
95
+1 081%
276
+192%
307
+11%
344
+12%
350
+2%
680
+94%
666
-2%
609
-9%
759
+25%
478
-37%
487
+2%
562
+15%
455
-19%
550
+21%
554
+1%
Net Income
Tax Provision
(31)
(30)
(29)
(41)
(41)
(47)
(44)
(39)
(50)
(51)
(55)
(60)
(59)
(38)
(40)
(26)
(32)
(51)
(55)
(61)
(52)
(49)
(30)
16
10
7
(21)
(70)
(83)
(96)
(96)
(195)
(185)
(168)
(205)
(120)
(125)
(145)
(113)
(141)
(140)
Income from Continuing Operations
55
46
45
43
44
65
70
84
89
97
96
99
103
65
77
107
152
183
180
186
143
148
113
(19)
9
15
74
206
224
248
254
485
480
441
554
358
362
417
342
409
414
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(2)
Net Income (Common)
54
N/A
46
-15%
45
-2%
43
-6%
43
+1%
65
+50%
69
+7%
83
+21%
88
+5%
107
+22%
112
+4%
121
+9%
130
+7%
140
+8%
315
+125%
340
+8%
380
+12%
353
-7%
182
-48%
186
+2%
145
-22%
138
-5%
103
-25%
(123)
N/A
(95)
+23%
(82)
+14%
(22)
+73%
205
N/A
223
+9%
249
+12%
255
+2%
486
+91%
482
-1%
439
-9%
553
+26%
357
-35%
361
+1%
417
+16%
342
-18%
408
+19%
411
+1%
EPS (Diluted)
0.51
N/A
0.44
-14%
0.42
-5%
0.4
-5%
0.41
+2%
0.62
+51%
0.67
+8%
0.82
+22%
0.86
+5%
1.06
+23%
1.1
+4%
1.24
+13%
1.39
+12%
1.46
+5%
3.62
+148%
4.16
+15%
4.61
+11%
4.24
-8%
2.24
-47%
2.28
+2%
1.78
-22%
1.69
-5%
1.29
-24%
-1.56
N/A
-1.18
+24%
-1.03
+13%
-0.28
+73%
2.61
N/A
2.85
+9%
3.16
+11%
3.28
+4%
6.29
+92%
6.27
0%
5.72
-9%
7.25
+27%
4.63
-36%
4.67
+1%
5.48
+17%
4.57
-17%
5.46
+19%
5.5
+1%

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