Churchill Downs Stock

Churchill Downs EBIT 2024

Churchill Downs EBIT

812.07 M USD

Ticker

CHDN

ISIN

US1714841087

WKN

923011

In 2024, Churchill Downs's EBIT was 812.07 M USD, a 36.85% increase from the 593.4 M USD EBIT recorded in the previous year.

The Churchill Downs EBIT history

YEAREBIT (undefined USD)
2026e1.01
2025e0.94
2024e0.81
20230.59
20220.4
20210.31
20200.08
20190.22
20180.2
20170.17
20160.15
20150.15
20140.09
20130.09
20120.09
20110.08
20100.03
20090.03
20080.04
20070.03
20060.03
20050.02
20040.03

Churchill Downs Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Churchill Downs, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Churchill Downs from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Churchill Downs’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Churchill Downs. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Churchill Downs’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Churchill Downs’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Churchill Downs’s growth potential.

Churchill Downs Revenue, EBIT and net profit per share

DateChurchill Downs RevenueChurchill Downs EBITChurchill Downs Net Income
2026e3.21 B undefined1.01 B undefined611.55 M undefined
2025e3.06 B undefined944.19 M undefined533.43 M undefined
2024e2.79 B undefined812.07 M undefined452.07 M undefined
20232.46 B undefined593.4 M undefined417.3 M undefined
20221.81 B undefined402.2 M undefined439.4 M undefined
20211.6 B undefined307.6 M undefined249.1 M undefined
20201.05 B undefined78.7 M undefined-81.9 M undefined
20191.33 B undefined221 M undefined137.5 M undefined
20181.01 B undefined199.1 M undefined352.8 M undefined
2017882.6 M undefined167.4 M undefined140.4 M undefined
2016822.4 M undefined148.8 M undefined107.1 M undefined
20151.21 B undefined145.3 M undefined64.6 M undefined
2014812.2 M undefined94.2 M undefined46.1 M undefined
2013779 M undefined90.1 M undefined54 M undefined
2012731.3 M undefined89.6 M undefined57.8 M undefined
2011696.9 M undefined80 M undefined63.2 M undefined
2010585.3 M undefined31.6 M undefined16.1 M undefined
2009470.5 M undefined34.7 M undefined16.5 M undefined
2008466.2 M undefined35.6 M undefined27.8 M undefined
2007410.7 M undefined32.8 M undefined15.4 M undefined
2006376.7 M undefined30.4 M undefined29 M undefined
2005356.3 M undefined21.8 M undefined76.5 M undefined
2004304.9 M undefined31 M undefined8.9 M undefined

Churchill Downs stock margins

The Churchill Downs margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Churchill Downs. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Churchill Downs.
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Gross margin
EBIT margin
Profit margin
Details

Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Churchill Downs's sales revenue. A higher gross margin percentage indicates that the Churchill Downs retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Churchill Downs's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Churchill Downs's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Churchill Downs's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Churchill Downs. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Churchill Downs's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Churchill Downs Margin History

Churchill Downs Gross marginChurchill Downs Profit marginChurchill Downs EBIT marginChurchill Downs Profit margin
2026e32.96 %31.48 %19.04 %
2025e32.96 %30.84 %17.42 %
2024e32.96 %29.15 %16.23 %
202332.96 %24.11 %16.95 %
202231.9 %22.22 %24.28 %
202131.72 %19.26 %15.6 %
202026.41 %7.47 %-7.77 %
201932.49 %16.62 %10.34 %
201828.7 %19.73 %34.97 %
201728.55 %18.97 %15.91 %
201627.47 %18.09 %13.02 %
201522.73 %11.99 %5.33 %
201421.74 %11.6 %5.68 %
201322.23 %11.57 %6.93 %
201222.34 %12.25 %7.9 %
201120.88 %11.48 %9.07 %
201016.06 %5.4 %2.75 %
200918.21 %7.38 %3.51 %
200818.51 %7.64 %5.96 %
200720.53 %7.99 %3.75 %
200619.94 %8.07 %7.7 %
200518.58 %6.12 %21.47 %
200420.99 %10.17 %2.92 %

Churchill Downs Aktienanalyse

What does Churchill Downs do?

Churchill Downs Inc. is an American company headquartered in Louisville, Kentucky. The company is best known for hosting the annual Kentucky Derby, which is considered one of the most prestigious horse racing events in the world. The history of Churchill Downs dates back to 1875, when the first edition of the Kentucky Derby took place. At that time, Churchill Downs was merely the location where the race was held. But soon the organizers recognized the potential in the grounds and the associated infrastructure. In 1937, a group of investors purchased the facilities and established Churchill Downs Incorporated. Over the years, the company has continued to evolve and is now a major player in the horse racing and gaming industry. Churchill Downs' business model consists of three main areas: horse racing, online sports betting, and gaming. The horse racing division, considered the core business of the company, includes racetracks in Kentucky, Florida, Illinois, and Louisiana. Throughout the year, various races and events are held here, including the Kentucky Derby, Kentucky Oaks, Preakness Stakes, and Belmont Stakes. Churchill Downs' online sports betting division is operated by its subsidiary TwinSpires. Customers from the United States can place bets on horse and greyhound races, as well as other sports such as baseball, basketball, or hockey. TwinSpires works closely with U.S. racetracks and offers customers a variety of betting options and bonuses. The gaming division of Churchill Downs includes several casinos and racetracks in different states. The facilities offer slot machines, table games, live entertainment, and restaurants. Some of Churchill Downs' most well-known casinos and racetracks include Harlow's Casino Resort & Spa in Mississippi and Presque Isle Downs & Casino in Pennsylvania. In addition to its three main business segments, Churchill Downs also offers a variety of products and services specialized in horse racing and betting. These include horse betting software, horse betting feeds and data, and in-house wager management systems. These products and services are not only used by Churchill Downs itself, but also by other racetrack operators and betting providers around the world. In recent years, Churchill Downs has made further acquisitions and partnerships to diversify and expand its business. In 2018, the company acquired the Ocean Downs racetrack in Maryland and the Lady Luck Casino in Mississippi. It also formed a partnership with online betting provider SBTech to further advance the sports betting sector. Overall, Churchill Downs Inc. is now a leading company in the horse racing industry with strong interests in the online sports betting and casino sectors. The company has a long and successful history and will continue to play an important role in the international horse racing and gaming industry. Churchill Downs ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Churchill Downs's EBIT

Churchill Downs's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Churchill Downs's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Churchill Downs's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Churchill Downs’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Churchill Downs stock

How much did Churchill Downs achieve in EBIT for the current year?

In the current year, Churchill Downs has achieved an EBIT of 812.07 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Churchill Downs.

How has the EBIT of Churchill Downs developed in recent years?

The EBIT of Churchill Downs has increased by 36.85% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Churchill Downs?

The EBIT of Churchill Downs is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Churchill Downs pay?

Over the past 12 months, Churchill Downs paid a dividend of 0.38 USD . This corresponds to a dividend yield of about 0.27 %. For the coming 12 months, Churchill Downs is expected to pay a dividend of 0.63 USD.

What is the dividend yield of Churchill Downs?

The current dividend yield of Churchill Downs is 0.27 %.

When does Churchill Downs pay dividends?

Churchill Downs pays a quarterly dividend. This is distributed in the months of January, January, December, January.

How secure is the dividend of Churchill Downs?

Churchill Downs paid dividends every year for the past 23 years.

What is the dividend of Churchill Downs?

For the upcoming 12 months, dividends amounting to 0.63 USD are expected. This corresponds to a dividend yield of 0.45 %.

In which sector is Churchill Downs located?

Churchill Downs is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Churchill Downs kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Churchill Downs from 1/3/2025 amounting to 0.409 USD, you needed to have the stock in your portfolio before the ex-date on 12/6/2024.

When did Churchill Downs pay the last dividend?

The last dividend was paid out on 1/3/2025.

What was the dividend of Churchill Downs in the year 2023?

In the year 2023, Churchill Downs distributed 0.714 USD as dividends.

In which currency does Churchill Downs pay out the dividend?

The dividends of Churchill Downs are distributed in USD.

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Andere Kennzahlen von Churchill Downs

Our stock analysis for Churchill Downs Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Churchill Downs Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.