Churchill Downs Incorporated (CHDN)

Churchill Downs Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 5, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	7,844	9,815	10,065	7,908	9,214	7,685
Market Cap Growth	-23.08%	-2.49%	27.27%	-14.17%	19.89%	40.63%
Enterprise Value	12,873	14,597	14,658	11,021	10,902	9,259
Last Close Price	112.49	133.02	134.02	104.65	118.86	95.81
PE Ratio	20.34	23.00	24.12	18.00	36.99	-
Forward PE	18.04	19.59	23.51	16.92	26.39	43.71
PS Ratio	2.82	3.59	4.09	4.37	5.77	7.29
PB Ratio	7.59	8.90	11.26	14.34	30.03	20.94
P/FCF Ratio	17.42	43.49	-	69.80	37.81	-
P/OCF Ratio	9.75	12.70	16.61	14.73	27.46	54.16
PEG Ratio	1.84	1.50	1.18	0.60	0.16	1.48
EV/Sales Ratio	4.46	5.34	5.95	6.09	6.83	8.79
EV/EBITDA Ratio	13.71	16.46	19.51	21.81	27.22	57.09
EV/EBIT Ratio	17.75	20.83	24.70	27.40	35.44	117.65
EV/FCF Ratio	28.58	64.67	-	97.27	44.74	-
Debt / Equity Ratio	4.83	4.51	5.42	8.35	6.42	4.42
Debt / EBITDA Ratio	5.35	5.42	6.40	9.02	4.85	9.70
Debt / FCF Ratio	11.57	22.04	-	40.65	8.08	-
Asset Turnover	0.39	0.38	0.37	0.39	0.56	0.40
Quick Ratio	0.37	0.40	0.35	0.36	1.01	0.36
Current Ratio	0.57	0.56	0.53	0.55	1.27	0.55
Return on Equity (ROE)	37.04%	42.98%	57.75%	102.39%	73.93%	3.03%
Return on Assets (ROA)	6.20%	6.16%	5.63%	5.47%	6.78%	1.88%
Return on Capital (ROIC)	7.36%	7.41%	6.81%	6.77%	9.02%	2.48%
Return on Capital Employed (ROCE)	10.80%	10.70%	9.60%	7.20%	11.90%	3.50%
Earnings Yield	5.14%	4.35%	4.15%	5.56%	2.70%	-1.07%
FCF Yield	5.74%	2.30%	-0.70%	1.43%	2.65%	-1.20%
Dividend Yield	0.39%	0.31%	0.29%	0.34%	0.28%	0.33%
Payout Ratio	7.92%	6.84%	6.49%	5.92%	9.96%	-
Buyback Yield / Dilution	2.01%	1.97%	1.17%	1.79%	2.24%	1.23%
Total Shareholder Return	2.40%	2.28%	1.45%	2.13%	2.53%	1.56%

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q