Churchill Downs ROE 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.

ROE Details

Decoding Churchill Downs's Return on Equity (ROE)

Churchill Downs's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Churchill Downs's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Churchill Downs's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Churchill Downs’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Churchill Downs stock

What is the ROE (Return on Equity) of Churchill Downs this year?

The ROE of Churchill Downs this year is 0.47 undefined.

How has the Return on Equity (ROE) of Churchill Downs developed compared to the previous year?

The ROE of Churchill Downs has increased by -41.39% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Churchill Downs?

A high ROE indicates that Churchill Downs generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Churchill Downs?

A low ROE can indicate that Churchill Downs is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Churchill Downs affect the company?

A change in ROE (Return on Equity) of Churchill Downs can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Churchill Downs?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Churchill Downs?

Some factors that can influence Churchill Downs's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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, 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 0.45 %.

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 1/5/2024 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.