CHDN
Churchill Downs Inc
NASDAQ · Consumer Cyclical · Gambling, Resorts & Casinos · US
$91.16
+11.24%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.0B | 2.9B | 2.7B | 2.5B | 1.8B |
| Cost of Revenue | 1.9B | 1.9B | 1.8B | 1.7B | 1.2B |
| Gross Profit | 1.1B | 982.6M | 938.5M | 795.7M | 566.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | 11.2M | — |
| SG&A Expense | 282.5M | 246.2M | 237.7M | 202.3M | 164.2M |
| General & Admin Expense | 121.0M | — | — | — | — |
| Selling & Marketing Expense | 31.0M | — | — | — | — |
| Other Expenses | 64.0M | — | (8.2M) | 18.2M | 80.4M |
| Total Operating Expenses | 346.5M | 246.2M | 229.5M | 231.7M | 244.6M |
| Cost and Expenses | 2.2B | 2.2B | 2.0B | 1.9B | 1.5B |
| Operating Income (EBIT) | 769.2M | 736.4M | 709.0M | 564.0M | 321.8M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 286.6M | 297.7M | 289.8M | 268.4M | 147.3M |
| Net Interest Income | (286.6M) | (297.7M) | (289.8M) | (268.4M) | (147.3M) |
| Other Non-Op Income/Expense | (133.9M) | (204.0M) | (135.8M) | (2.2M) | 287.0M |
| Non-Operating Income (excl Interest) | (152.7M) | (93.7M) | (154.0M) | (266.2M) | (434.3M) |
| EBT (Pre-Tax Income) | 635.3M | 532.4M | 573.2M | 561.8M | 608.8M |
| Income Tax Expense | 178.8M | 146.9M | 144.1M | 144.5M | 169.4M |
| Bottom Line | |||||
| Net Income | 451.8M | 379.7M | 426.8M | 417.3M | 439.4M |
| Earnings from Cont. Ops | 456.5M | 385.5M | 429.1M | 417.3M | 439.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 451.8M | 379.7M | 426.8M | 417.3M | 439.4M |
| Per Share | |||||
| Basic EPS | $6.45 | $5.36 | $5.73 | $5.55 | $5.80 |
| Diluted EPS | $6.44 | $5.32 | $5.68 | $5.48 | $5.71 |
| Revenue Per Share | $42.93 | $41.30 | $36.95 | $32.74 | $23.88 |
| Shares | |||||
| Basic Shares Outstanding | 70.0M | 70.8M | 74.0M | 75.2M | 75.8M |
| Diluted Shares Outstanding | 70.0M | 71.4M | 74.6M | 76.1M | 77.0M |
| Profitability Metrics | |||||
| EBITDA | 1.2B | 1.1B | 1.1B | 1.0B | 875.1M |
| D&A | 240.2M | 239.5M | 204.7M | 175.2M | 119.0M |
| EBIT | 921.9M | 830.1M | 863.0M | 830.2M | 756.1M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026