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Churchill Downs Incorporated

TickerCHDNVenueUSSectorConsumer CyclicalPrimary listingBeta0.67Avg daily value (30d)$105.1MAvg daily value (3M)$93.8M
$98.00+0.36%
FinScore60

Churchill Downs Incorporated is a United States-based company in the Consumer Cyclical sector with a market capitalisation of $6.7B. Its FinScore is 60/100; its highest-scoring layer is Value (70) and its lowest is Growth (39). The shares trade at 14.8x trailing earnings and are down 13% year to date.

Market cap
$6.7B
P/E (TTM)
14.8x
Dividend yield (TTM)
0.45%
ROE
37.4%

Share price performance

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About Churchill Downs Incorporated

www.churchilldownsincorporated.com

Churchill Downs Incorporated (CDI) is a leading U.S. entertainment enterprise focused on horse racing, online wagering, and general gaming activities. Its extensive operations are categorized into three main divisions: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, CDI's portfolio included three pari-mutuel gaming venues in Kentucky, collectively featuring approximately 3,050 historical racing machines. The company also operates TwinSpires, a comprehensive digital platform offering betting on horse races, sports, and iGaming. Furthermore, CDI manages nine brick-and-mortar sportsbooks and runs casino gaming across eight states, housing around 11,000 slot machines and video lottery terminals, in addition to 200 table games. Beyond these core ventures, Churchill Downs Incorporated delivers streaming video of live horse races and replays, along with a wide array of racing and handicapping information. It also oversees the Bloodstock Research Information Services (BRIS) platform, a valuable source for horse racing statistical data. The company is additionally engaged in designing and deploying pari-mutuel wagering systems for racetracks, off-track betting facilities, and various other wagering enterprises. Established in 1875, Churchill Downs Incorporated is headquartered in Louisville, Kentucky.

Profile
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
HQ
United States
Fiscal year-end
December
Trading currency
USD
Reporting currency
USD
Fundamentals updated
7 days ago
Market
Market cap
$6.7B
Shares outstanding
68.5M
P/E (TTM)
14.8x
Dividend yield (TTM)
0.45%
Beta (issuer)
0.67
Revenue (latest FY)
$2.9B

Revenue breakdown

FY 2025$3.1B
  • Gaming
    34.2%$1.0B
  • Pari-Mutuel, Historical Racing
    33.3%$1.0B
  • Pari-Mutuel, Live And Simulcast Racing
    16.1%$491.5M
  • Product and Service, Other
    10.3%$314.6M
  • Racing Event-Related Services
    6.1%$185.0M

FinScore

As of 2026-11-04
Overall60
Quality67
Growth39
Value70
Momentum67
Relative Strength60

Snapshot

Ownership

As of 2026-06-30
Institutional
86.4%
Closely held
5.6%
Free float
94.4%
Top-5 institutional holders
25.4%
Shares outstanding
68.5M
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