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 Data and Metrics

International Speedway Corporation Financial Metrics

International Speedway Corporation's revenue was reported to be $663.2 m in FY, 2016 which is a 2% increase from the previous period.
USD

Revenue (FY, 2016)

663.2 m

Revenue growth (FY, 2015 - FY, 2016), %

2%

Net income (FY, 2016)

76.3 m

EBIT (FY, 2016)

109.8 m

Market capitalization (26-Jun-2017)

1.7 b

Closing share price (26-Jun-2017)

37.1

Cash (30-Nov-2016)

263.7 m

EV

1.7 b
International Speedway Corporation's current market capitalization is $1.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

612.6 m654 m647.5 m663.2 m

Revenue growth, %

7%(1%)2%

Operating expense total

533.9 m558.5 m551.2 m

EBIT

78.7 m93.4 m109.8 m

EBIT margin, %

13%14%17%

Interest expense

15.2 m9.2 m13.8 m

Interest income

96 k2.1 m270 k

Pre tax profit

73.1 m100.6 m124.1 m

Income tax expense

27.8 m33.2 m47.7 m

Net Income

45.3 m67.4 m56.6 m76.3 m
USDFY, 2013FY, 2014FY, 2016

Cash

172.8 m158.8 m263.7 m

Inventories

2.6 m4 m13.8 m

Current Assets

235.8 m207.6 m313.1 m

PP&E

1.3 b1.4 b1.5 b

Goodwill

118.8 m118.8 m118.8 m

Total Assets

2 b2.1 b2.2 b

Accounts Payable

27.7 m41.5 m29.8 m

Total Debt

274.5 m271.7 m262.8 m

Current Liabilities

82.1 m96.8 m95.3 m

Additional Paid-in Capital

445.1 m447.5 m437.3 m

Retained Earnings

846.2 m902.4 m965.3 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
USDFY, 2013FY, 2014FY, 2016

Net Income

45.3 m67.4 m76.3 m

Depreciation and Amortization

94 m90.4 m102.2 m

Accounts Payable

3.7 m(517 k)4.8 m

Cash From Operating Activities

173.4 m162.8 m245.9 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 m1.3 m

Free Cash Flow

258.9 m346.8 m386.7 m
USDY, 2016

EV/EBIT

15.1 x

EV/CFO

6.7 x

EV/FCF

4.3 x

Revenue/Employee

821.8 k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x

International Speedway Corporation Market Value History

International Speedway Corporation Job Categories

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International Speedway Corporation Company Life and Culture

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