Churchill Downs

Churchill Downs Incorporated (CDI) (NASDAQ: CHDN), headquartered in Louisville, Ky., owns the world-renowned Churchill Downs Racetrack, home of the Kentucky Derby and Kentucky Oaks, as well as racetrack and casino operations in Miami Gardens, Fla.; racetrack, casino and video poker operations in New Orleans, La.; racetrack operations in Arlington Heights, Ill.; a casino resort in Greenville, Miss.; a casino hotel in Vicksburg, Miss.; a casino in Oxford, Maine; and a 50 percent owned joint venture, Miami Valley Gaming and Racing LLC, in Lebanon, Ohio. CDI also owns Big Fish Games, Inc., one of the world’s largest producers and distributors of casual games; the country's premier online wagering company, TwinSpires.com; the totalisator company, United Tote; Bluff Media, an Atlanta-based multimedia poker company; and a collection of racing-related telecommunications and data companies.

Type
Public
HQ
Louisville, US
Founded
1875
Size (employees)
4,000 (est)-11%
Churchill Downs was founded in 1875 and is headquartered in Louisville, US

Churchill Downs Office Locations

Churchill Downs has an office in Louisville
Louisville, US (HQ)
400 Tele. Research Center 600 N Hurstbourne Pkwy

Churchill Downs Metrics

Churchill Downs Financial Metrics

Revenue (2016)

$1.3 b

Revenue growth (2015-16), %

8%

Net income (2016)

$108.1 m

Market capitalization (21-Mar-2017)

$2.5 b

Closing share price (21-Mar-2017)

$154.5

Cash (31-Dec-2016)

$48.7 m
Churchill Downs's current market capitalization is $2.5 b.
Churchill Downs's revenue was reported to be $1.3 b in FY, 2016 which is a 7.9% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$779.3 m$812.9 m$1.2 b$1.3 b

Revenue growth, %

4%49%8%

Operating expense total

$1.1 b

EBIT

$94.2 m$84.1 m$112.4 m$194.2 m

EBIT margin, %

12%10%9%15%

Interest expense

$6.2 m$20.8 m$28.6 m$43.7 m

Interest income

$112 k$20 k$42 k

Income tax expense

($30.5 m)($30.2 m)($46.9 m)($60 m)

Net Income

$54.9 m$46.4 m$65.2 m$108.1 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$44.7 m$67.9 m$74.5 m$48.7 m

Accounts Receivable

Inventories

Current Assets

$160.7 m$241.7 m$222.8 m$246 m

PP&E

$585.5 m$595.3 m$573.2 m$574.4 m

Goodwill

$300.6 m$839.5 m$841.7 m$832.2 m

Total Assets

$1.4 b$2.4 b$2.3 b$2.3 b

Accounts Payable

$43.1 m$45.6 m$39.1 m$53.2 m

Dividends Payable

$15.2 m$17.4 m$19.1 m$21.8 m

Total Debt

$600 m$765.5 m$1.2 b

Current Liabilities

$213.2 m$334 m$640.1 m$468.1 m

Retained Earnings

$408.8 m$437.8 m$483.8 m$569.7 m

Total Equity

$617.2 m$685 m

Debt to Equity Ratio

1.2 x1.7 x

Debt to Assets Ratio

0.3 x0.3 x0.5 x

Financial Leverage

3.7 x3.3 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$3.1 k$46.4 m$65.2 m$108.1 m

Depreciation and Amortization

$61.8 m$68.3 m$109.7 m$108.6 m

Accounts Receivable

($495 k)($1.6 m)

Inventories

Accounts Payable

($5.9 m)($8.4 m)

Cash From Operating Activities

$144.9 m$141.6 m$264.5 m$226.8 m

Purchases of PP&E

($48.8 m)($54.5 m)($43.5 m)

Cash From Investing Activities

($281.9 m)($440.3 m)($65.5 m)($50.7 m)

Interest Paid

$4 m$17.5 m$63.9 m$40 m

Income Taxes Paid

($11 m)$206 k$28.5 m($6.6 m)

Churchill Downs Market Value History

Churchill Downs Online Presence

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