CHDN
Churchill Downs Inc
$90.47
▲ 2.1%Updated Today 11:10 AM ET
CHDN at a glance — five pillars scored 0–100 from real filed financials.
Overall: Unrated · 0/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
Market Cap
$0.00
P/E
—
Forward P/E (est.)
—
ROE
—
Revenue Growth
—
EPS Growth
—
Profit Margin
—
FCF Yield
—
Debt / Equity
—
ROIC
9.0%
Interest Coverage
2.55x
Current Ratio
0.36x
Dividend Yield
—
Implied Growth (rev. DCF)
—
Rating Score
0/100
Churchill Downs Inc (CHDN) is a small-cap company in the Hotels, Restaurants & Leisure industry, part of the Consumer Discretionary sector of the S&P 500.
In its latest reported year it generated about $2.93B in revenue and $383.00M in net profit.
Our model rates CHDN Unrated (0/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (5 years of history).
The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.
24.1% average over the last 3 years
±3.2 pts around 21.6% across 5 years
grew in 4 of the last 4 year-over-year periods
positive in 5 of 5 years
9.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
4Y CAGR
16.3%
Revenue moved from $1.60B in 2021 to $2.93B in 2025, a 16.3% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.
Gross Margin
—
Operating Margin
23.4%
Net Margin
13.1%
ROE
—
Total Debt
$4.61B
Net Debt
$4.41B
Net Debt / EBITDA
6.45x
Debt / Equity
—
Leverage: debt-to-equity is n/a, and operating profit covers interest about 2.5x, with a current ratio of 0.4x. Detailed balance-sheet leverage is limited for this name. It carries roughly $4.61B of total debt against $196.00M of cash.
Operating CF
$769.80M
Free Cash Flow
$699.60M
FCF Margin
23.9%
In the latest year Churchill Downs Inc produced about $769.80M of operating cash flow and $699.60M of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.
Per share (latest FY)
$0.44
Total paid (latest FY)
$30.80M
History on record
5 years
dividend uses 4% of free cash flow
8% of net income paid out
total dividends increased 4 years in a row
no cuts in the last 5 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
—
P/S
—
P/B
—
EV / EBITDA
—
CHDN trades at n/a trailing earnings. With no positive trailing earnings, value it on sales, cash flow, or growth rather than P/E.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$172.33
Current price
$90.47
Starting FCF (latest 10-K)
$699.60M
Growth, years 1–5
4.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where CHDN sits versus its Consumer Discretionary sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 85 Consumer Discretionary companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How CHDN stacks up against its Consumer Discretionary peers — valuation, profitability, and growth versus the sector median.
In the Consumer Discretionary sector (158 S&P 500 companies), CHDN ranks #95 of 158 by our overall rating.
P/E vs sector
—
median 26x
ROE vs sector
—
median 26.2%
Growth vs sector
—
median 6.8%
Sector rank
#95
of 158 by rating
Peers are the closest Consumer Discretionary companies by sub-industry and size. Sector median is across all 158 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $90.47 today · expected CAGR 1% – 12%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $3.16B | $3.41B | $3.69B | $3.98B | $4.30B |
| Net income | $410.80M | $443.66M | $479.15M | $517.49M | $558.88M |
| EPS | $5.89 | $6.37 | $6.87 | $7.42 | $8.02 |
| Share price (low) | $70.73 | $76.38 | $82.49 | $89.09 | $96.22 |
| Share price (high) | $117.88 | $127.31 | $137.49 | $148.49 | $160.37 |
| CAGR (low–high) | -22% / 30% | -8% / 19% | -3% / 15% | -0% / 13% | 1% / 12% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for CHDN:
- As an established S&P 500 member in Consumer Discretionary, it brings scale and a long operating history.
The case against CHDN:
- Interest coverage is thin (2.5x), so debt costs bite.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Churchill Downs Inc is a small-cap consumer discretionary business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at n/a earnings, which our model scores Unrated (0/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Latest SEC Filings
CHDN's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
CHDN — frequently asked questions
Is CHDN a good stock to buy?
We don't give buy or sell advice. Review Churchill Downs Inc's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.
Where does CHDN's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Churchill Downs Inc's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for CHDN calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this CHDN analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell CHDN. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.