Churchill Downs ROA 2024

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.

ROA Details

Understanding Churchill Downs's Return on Assets (ROA)

Churchill Downs's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Churchill Downs's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Churchill Downs's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Churchill Downs’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Churchill Downs stock

What is the Return on Assets (ROA) of Churchill Downs this year?

The Return on Assets (ROA) of Churchill Downs is 0.06 undefined this year.

What was the ROA of Churchill Downs compared to the previous year?

The ROA of Churchill Downs has increased by -15.25% compared to the previous year.

What consequences do high ROA have for investors of Churchill Downs?

A high ROA is advantageous for investors of Churchill Downs, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Churchill Downs?

A low ROA can be unfavorable for investors of Churchill Downs as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Churchill Downs affect the company?

An increase in ROA of Churchill Downs can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Churchill Downs impact the company?

A reduction in the ROA of Churchill Downs can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Churchill Downs?

Some factors that can influence the ROA of Churchill Downs include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Churchill Downs important for investors?

The ROA of Churchill Downs is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Churchill Downs take to improve ROA?

To improve ROA, Churchill Downs can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 0.28 %. 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 0.28 %.

When does Churchill Downs pay dividends?

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

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 0.46 %.

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 1/5/2024 amounting to 0.382 USD, you needed to have the stock in your portfolio before the ex-date on 11/30/2023.

When did Churchill Downs pay the last dividend?

The last dividend was paid out on 1/5/2024.

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.