OverviewSuggest Edit

Canterbury Park is Minnesota's premier entertainment destination. The Company divides its business into three segments: horse racing, Card Casino, and food and beverage. The horse racing segment represents its pari-mutuel wagering operations on simulcast and live horse races; the Card Casino segment represents our unbanked card operations; and the food and beverage segment includes both concessions and catering and events services provided at the Racetrack.

TypePublic
Founded1994
HQShakopee, US
Websitecanterburypark.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2018)257(-3%)
Job Openings12
Revenue (FY, 2018)$59.1 M(+4%)
Share Price (Dec 2019)$12.6 (+3%)

Canterbury Park Office Locations

Canterbury Park has an office in Shakopee
Shakopee, US (HQ)
1100 Canterbury Rd
Show all (1)

Canterbury Park Financials and Metrics

Canterbury Park Revenue

Canterbury Park's revenue was reported to be $59.14 m in FY, 2018
USD

Revenue (Q3, 2019)

18.6m

Net income (Q3, 2019)

1.2m

EBIT (Q3, 2019)

1.5m

Market capitalization (6-Dec-2019)

58.3m

Closing stock price (6-Dec-2019)

12.6

Cash (30-Sept-2019)

1.3m

EV

58.7m
Canterbury Park's current market capitalization is $58.3 m.
Annual
usdFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

42.3m47.5m46.7m48.5m52.3m52.5m57.0m59.1m

Revenue growth, %

12%(2%)4%8%

Cost of goods sold

3.0m3.4m3.5m

Gross profit

39.3m44.2m43.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

14.3m9.4m13.8m15.0m9.9m14.8m16.9m10.4m13.9m16.6m11.4m15.8m17.7m18.4m11.6m16.4m18.6m

Cost of goods sold

1.4m

Gross profit

12.9m

Gross profit Margin, %

90%
Annual
usdY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017FY, 2018

Cash

5.5m8.3m9.4m8.7m8.8m8.3m6.3m8.9m4.9m

Accounts Receivable

1.3m1.3m241.7k

Prepaid Expenses

467.0k588.6k625.0k

Inventories

244.3k231.5k253.3k247.8k263.0k297.2k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

7.5m10.2m10.6m9.7m9.5m8.8m8.3m9.9m5.4m4.4m7.6m8.8m7.7m9.9m13.5m12.0m370.6k442.8k1.3m

Accounts Receivable

650.3k1.0m1.4m1.7m1.5m634.3k760.2k972.4k311.1k1.0m612.0k

Prepaid Expenses

263.7k308.0k493.7k286.1k440.0k599.0k253.9k489.1k646.9k527.2k468.6k

Inventories

218.8k214.0k318.1k262.0k248.1k356.9k262.7k284.3k417.3k274.8k286.9k423.4k280.7k289.2k414.8k317.5k315.8k458.6k399.3k
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.0m2.4m2.7m4.2m4.1m5.7m

Depreciation and Amortization

1.9m2.1m2.3m2.5m2.5m2.6m

Inventories

Accounts Payable

656.0k2.4k(133.8k)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

170.5k406.0k442.9k623.3k388.7k2.6m3.5m513.0k1.2m2.2m989.7k1.7m3.3m56.6k1.0m2.2m

Depreciation and Amortization

467.5k526.6k508.6k537.4k564.1k1.2m1.9m645.7k1.2m1.9m635.1k1.2m1.9m625.5k1.2m2.0m

Inventories

(33.0k)(26.2k)(151.8k)(54.5k)

Accounts Payable

6.0m1.6m1.6m2.5m159.9k79.7k1.3m233.3k302.8k531.4k(189.7k)
USDY, 2019

EV/EBIT

39.8 x

EV/CFO

14.9 x

EV/FCF

-6.7 x

Financial Leverage

1.3 x
Show all financial metrics

Canterbury Park Online and Social Media Presence

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Canterbury Park News and Updates

Randy Dehmer Named CFO At Canterbury Park

SHAKOPEE, Minn., May 15, 2019 /PRNewswire/ -- Canterbury Park (NASDAQ:CPHC) officials today announced the hiring of Randy J. Dehmer as Chief Financial Officer for the publicly held racetrack, card casino, and special events destination located in suburban Minneapolis. Dehmer returns to...

Canterbury Park Holding Corporation Announces First Quarter 2019 Financial Results

SHAKOPEE, Minn., May 14, 2019 /PRNewswire/ -- Canterbury Park Holding Corporation (NASDAQ: CPHC) (the "Company") today announced financial results for the first quarter ended March 31, 2019. The Company's 2019 first quarter consolidated net revenues were $11.6 million, a 5.1% decrease...

Canterbury Park Holding Corporation Reports Record 2018 Financial Results

SHAKOPEE, Minn., March 29, 2019 /PRNewswire/ -- Canterbury Park Holding Corporation (NASDAQ:CPHC) today announced financial results for its fourth quarter and year ended December 31, 2018. Results for the Year Ended December 31, 2018 The Company's 2018 net revenues were $59.1 million, an...

Canterbury Park Holding Corporation Announces Quarterly Cash Dividend

SHAKOPEE, Minn., Sept. 14, 2018 /PRNewswire/ -- Canterbury Park Holding Corporation (the "Company") (NASDAQ: CPHC) today announced that the Company's Board of Directors, pursuant to its dividend policy, approved a quarterly cash dividend of $0.07 per share that will be paid on October 15, ...

Canterbury Park Holding Corporation Reports Financial Results for the Second Quarter and First Six Months of 2018

SHAKOPEE, Minn., Aug. 13, 2018 /PRNewswire/ -- Canterbury Park Holding Corporation (the "Company") (NASDAQ: CPHC) today announced financial results for its second quarter and six month periods ended June 30, 2018. The Company reported net revenues of $16.5 million for the three months...

Canterbury Park Blogs

Governor Tim Walz Appoints Goodman, Gingold and Idelkope to Minnesota Racing Commission

The Minnesota Racing Commission announced in a press release earlier this week that Gov. Tim Walz reappointed Commissioners Lisa Goodman and Alan Gingold  for six year terms beginning November 24, 2019. Walz also appointed Julie Idelkope to the MRC. Acting Commission Chair James Lane has been design…

Claiming Crown Saturday

Saturday marks the 21st edition of the Claiming Crown. This day of racing now held at Gulfstream Park was created to celebrate claiming horses and their owners. The event began in 1999 at Canterbury Park as a collaboration between the National HBPA and TOBA. The Shakopee, Minn. racetrack hosted Clai…

Carrie Underwood, Zac Brown Band, and Pitbull Headline Twin Cities Summer Jam

Carrie Underwood, Zac Brown Band, and Pitbull will headline the 2nd Annual Twin Cities Summer Jam outdoor music festival July 23, 24 & 25, 2020 at Canterbury Park.  Last year more than 35,000 people attended Summer Jam, the first year of the unique multi-genre event. Carrie Underwood, a multi-fo…

In The Money Handicapping Contest Returns

Hit the board with all your selections and win! The popular In The Money Contest begins Friday, November 29 with the races at Del Mar and continues each Saturday through Dec. 28. Correctly select a horse that finishes in the official top three (in the money) in each race at the contest track to win.…

Thanksgiving Week at Canterbury Park Race Book

Tampa Bay Downs begins its 94th season of racing this Wednesday with an 11:25 a.m. first post.  Long-time local race fans will notice a familiar face offering selections in the competitive fields as Matt Carothers will handle those duties for the 90-day season. Carothers was Canterbury’s racing anal…

Tom DiPasquale to Retire; Minnesota Seeks New Executive Director

MRC Press Release SHAKOPEE, Minn. (November 22, 2019) –Tom DiPasquale, Executive Director of the Minnesota Racing Commission since 2013, announced his intention to step down in February 2020. “It’s been an honor to serve in this capacity in the Dayton and Walz Administrations. During this period, th…
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Canterbury Park Frequently Asked Questions

  • When was Canterbury Park founded?

    Canterbury Park was founded in 1994.

  • How many employees does Canterbury Park have?

    Canterbury Park has 257 employees.

  • What is Canterbury Park revenue?

    Latest Canterbury Park annual revenue is $59.1 m.

  • What is Canterbury Park revenue per employee?

    Latest Canterbury Park revenue per employee is $230.1 k.

  • Who are Canterbury Park competitors?

    Competitors of Canterbury Park include Station Casinos, Penn National Gaming and SJM Holdings.

  • Where is Canterbury Park headquarters?

    Canterbury Park headquarters is located at 1100 Canterbury Rd, Shakopee.

  • Where are Canterbury Park offices?

    Canterbury Park has an office in Shakopee.

  • How many offices does Canterbury Park have?

    Canterbury Park has 1 office.