International Speedway Corporation

International Speedway Corporation is a leading promoter of motorsports activities, currently promoting more than 100 racing events annually as well as numerous other motorsports-related activities. The Company owns and/or operates 13 of the nation's major motorsports entertainment facilities, including Daytona International Speedway® in Florida (home of the DAYTONA 500®); Talladega Superspeedway® in Alabama; Michigan International Speedway® located outside Detroit; Richmond International Raceway® in Virginia; Auto Club Speedway of Southern CaliforniaSM near Los Angeles; Kansas Speedway® in Kansas City, Kansas; Phoenix International Raceway® in Arizona; Chicagoland Speedway® and Route 66 RacewaySM near Chicago, Illinois; Homestead-Miami SpeedwaySM in Florida; Martinsville Speedway® in Virginia; Darlington Raceway® in South Carolina; and Watkins Glen International® in New York. The Company also owns and operates Motor Racing NetworkSM, the nation's largest independent sports radio network, and Americrown Service CorporationSM, a subsidiary that provides catering services, food and beverage concessions, and through its subsidiary Motorsports Authentics, produces and markets motorsports-related merchandise. In addition, the Company has a 50 percent interest in the Hollywood Casino at Kansas Speedway.
Type
Public
HQ
Daytona Beach, US
Founded
1957
Size (employees)
792 (est)-1%
International Speedway Corporation was founded in 1957 and is headquartered in Daytona Beach, US

International Speedway Corporation Office Locations

International Speedway Corporation has an office in Daytona Beach
Daytona Beach, US (HQ)
1 Daytona Blvd

International Speedway Corporation Metrics

International Speedway Corporation Financial Metrics

Revenue (2016)

$663.2 m

Revenue growth (2015-16), %

2%

Net income (2016)

$76.3 m

Market capitalization (21-Mar-2017)

$1.6 b

Closing share price (21-Mar-2017)

$36.7

Cash (30-Nov-2016)

$263.7 m
International Speedway Corporation's current market capitalization is $1.6 b.
International Speedway Corporation's revenue was reported to be $663.2 m in FY, 2016 which is a 2.4% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$612.6 m$654 m$647.5 m$663.2 m

Revenue growth, %

7%(1%)2%

Operating expense total

$533.9 m$558.5 m$551.2 m

EBIT

$78.7 m$93.4 m$109.8 m

EBIT margin, %

13%14%17%

Interest expense

$15.2 m$9.2 m$13.8 m

Interest income

$96 k$2.1 m$270 k

Pre tax profit

$73.1 m$100.6 m$124.1 m

Income tax expense

$27.8 m$33.2 m$47.7 m

Net Income

$45.3 m$67.4 m$56.6 m$76.3 m
FY, 2013FY, 2014FY, 2016

Cash

$172.8 m$158.8 m$263.7 m

Accounts Receivable

Inventories

$2.6 m$4 m$13.8 m

Current Assets

$235.8 m$207.6 m$313.1 m

PP&E

$1.3 b$1.4 b$1.5 b

Goodwill

$118.8 m$118.8 m$118.8 m

Total Assets

$2 b$2.1 b$2.2 b

Accounts Payable

$27.7 m$41.5 m$29.8 m

Total Debt

$274.5 m$271.7 m$262.8 m

Current Liabilities

$82.1 m$96.8 m$95.3 m

Additional Paid-in Capital

$445.1 m$447.5 m$437.3 m

Retained Earnings

$846.2 m$902.4 m$965.3 m

Total Equity

$1.4 b

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

1.6 x
FY, 2013FY, 2014FY, 2016

Net Income

$45.3 m$67.4 m$76.3 m

Depreciation and Amortization

$94 m$90.4 m$102.2 m

Accounts Receivable

Inventories

Accounts Payable

$3.7 m($517 k)$4.8 m

Cash From Operating Activities

$173.4 m$162.8 m$245.9 m

Capital Expenditures

($85.5 m)($183.9 m)($140.8 m)

Cash From Investing Activities

($66.3 m)($162.5 m)($63.8 m)

Dividends Paid

($10.2 m)($11.2 m)($18.9 m)

Cash From Financing Activities

($12.7 m)($14.3 m)($78.9 m)

Income Taxes Paid

($13.7 m)$11 m$1.3 m

Free Cash Flow

$258.9 m$346.8 m$386.7 m

International Speedway Corporation Market Value History

International Speedway Corporation News

International Speedway Corporation Company Life

You may also be interested in