Churchill Downs Inc (CHDN) stock
CHDNNasdaqServices-Racing, Including Track OperationFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 13/3035% below fair value
$99.62−1.02 (-1.01%)
Close on Nov 12, 2026Market cap $6.83BP/E 15.4Yield 0.44%
Churchill Downs statistics
95 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 24, 2027 (estimated, after the close)
- Last ex-dividend date
- Dec 4, 2026
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 12, 2026
Valuation ratiosIndustry
- P/OCF Ratio
- 9.04
- 11.63
Enterprise valuationIndustry
- EV / Sales
- 3.79
- 2.48
- EV / EBIT
- 14.85
- 19.62
Share statisticsIndustry
- Shares Change (YoY)
- -4.60%
- 1.07%
- Float
- 64M
- 38M
- Shares Held by Insiders
- 6.08%
- 18.9%
- Shares Held by Institutions
- 87.4%
- 46.2%
Short sellingIndustry
- Short Interest
- 5M
- –
- Short Interest Change
- -1.68%
- -3.86%
- Short % of Float
- 8.39%
- 7.16%
- Short % of Shares Outstanding
- 7.88%
- 4.51%
- Days to Cover
- 4.95
- 5.30
Stock price statisticsIndustry
- 52-Week High
- $118.35
- –
- 52-Week Low
- $73.08
- –
- 20-Day Moving Average
- $91.15
- –
- 50-Day Moving Average
- $84.74
- –
- 200-Day Moving Average
- $87.99
- –
- Average True Range (14)
- $3.34
- –
- Price Change (1 Week)
- 1.47%
- -0.77%
- Price Change (1 Month)
- 24.5%
- 0.00%
- Price Change (3 Months)
- 9.69%
- -22.7%
- Price Change (6 Months)
- 16.2%
- -8.29%
- Price Change (YTD)
- -12.4%
- -12.4%
- Price Change (1 Year)
- 0.19%
- -11.9%
- Price Change (3 Years)
- -15.8%
- -10.1%
- Price Change (5 Years)
- -13.5%
- -35.8%
- Price Change (10 Years)
- 320.5%
- 92.5%
- Average Volume (10 Days)
- 1M
- –
- Average Volume (20 Days)
- 1M
- –
- Average Volume (90 Days)
- 1M
- –
- Relative Volume
- 0.61
- 0.74
- Relative Strength Index (14)
- 70.0
- 48.2
- Volatility (1 Year)
- 36.5%
- 54.1%
- Beta (5 Years)
- 0.87
- 1.00
MarginsIndustry
- Pretax Margin
- 21.1%
- 0.91%
- EBITDA Margin
- 33.3%
- 5.76%
Returns on capitalIndustry
- Return on Equity (ROE)
- 37.7%
- -7.67%
- Return on Assets (ROA)
- 6.10%
- -2.79%
- Return on Invested Capital (ROIC)
- 9.33%
- 3.03%
- Return on Capital Employed (ROCE)
- 12.5%
- 2.58%
Financial positionIndustry
- Current Ratio
- 0.32
- 0.73
- Quick Ratio
- 0.21
- 0.39
- Debt / Equity
- 3.42
- 0.72
- Debt / EBITDA
- 4.71
- 4.30
- Net Debt / EBITDA
- 4.55
- 2.67
- Interest Coverage
- 2.67
- 0.96
GrowthIndustry
- Revenue Growth (YoY)
- 4.18%
- 9.00%
- Net Income Growth (YoY)
- 12.7%
- 12.7%
- EPS Growth (YoY)
- 16.8%
- 17.6%
- Revenue Growth (3Y CAGR)
- 17.4%
- 9.22%
- Revenue Growth (5Y CAGR)
- 22.7%
- 24.7%
EfficiencyIndustry
- Asset Turnover
- 0.40
- 0.50
- Revenue Per Employee
- $333.88K
- $391.49K
- Profits Per Employee
- $50.56K
- -$27.93K
- Employee Count
- 9,000
- 245
- WACC
- 7.24%
- 8.82%
Income statement (TTM)Industry
- Pretax Income
- $635.40M
- -$1.17M
Balance sheetIndustry
- Net Cash (Debt)
- -$4.56B
- $5.69K
- Net Cash Per Share
- -$66.45
- $0.00
- Equity (Book Value)
- $1.38B
- $13.60M
- Book Value Per Share
- $20.12
- $0.42
- Tangible Book Value
- -$2.03B
- -$468.64K
- Working Capital
- -$904.00M
- -$1.52M
Cash flow (TTM)Industry
Dividends and yieldsIndustry
- Earnings Yield
- 6.66%
- -0.35%
- Dividend Yield
- 0.44%
- –
- Buyback Yield
- 1.11%
- 0.84%
- Shareholder Yield
- 1.55%
- 2.05%
- Dividend Per Share
- $0.44
- –
- Dividend Growth (YoY)
- 7.09%
- –
- Years of Dividend Growth
- 15
- –
- Payout Ratio
- 6.99%
- 70.8%
Taxes and interestIndustry
- Interest Expense
- $286.70M
- $8.45M
- Income Tax
- $178.90M
- $732.00K
- Effective Tax Rate
- 28.2%
- 26.7%
Scores and fair valueIndustry
- Graham Number
- $54.07
- $8.83
- Graham Upside
- -45.7%
- -50.6%
- Altman Z-Score
- 1.53
- 1.51
- Piotroski F-Score
- 6
- 5
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | CHDN | S&P 500 | Difference | CHDN per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +23.8% | -2.7% | +26.4 pts | ||
| 3 months | +12.5% | -1.7% | +14.3 pts | ||
| Year to date | -12.4% | +11.9% | −24.3 pts | ||
| 1 year | +0.4% | +12.0% | −11.6 pts | ||
| 3 years | -15.4% | +78.2% | −93.6 pts | -5.4% | +21.2% |
| 5 years | -12.0% | +73.2% | −85.3 pts | -2.5% | +11.6% |
| 10 years | +340.2% | +309.6% | +30.5 pts | +16.0% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
5M CHDN shares were sold short on Oct 30, 2026, down 1.7% from the previous report, or 8.39% of the shares available to trade. At recent volumes it would take 5.0 days to buy them back. Over the last 20 sessions, 43.7% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 5,403,058 | -1.7% | 1,092,333 | 5.0 |
| Oct 15, 2026 | 5,495,515 | +11.4% | 1,247,334 | 4.4 |
| Sep 30, 2026 | 4,933,609 | +11.9% | 1,317,797 | 3.7 |
| Sep 15, 2026 | 4,410,884 | +6.2% | 930,353 | 4.7 |
| Aug 31, 2026 | 4,152,144 | +14.7% | 886,868 | 4.7 |
| Aug 14, 2026 | 3,619,753 | -1.5% | 949,648 | 3.8 |
| Jul 31, 2026 | 3,673,955 | -5.9% | 1,079,258 | 3.4 |
| Jul 15, 2026 | 3,905,391 | +5.1% | 859,870 | 4.5 |
| Jun 30, 2026 | 3,716,376 | -10.1% | 1,325,527 | 2.8 |
| Jun 15, 2026 | 4,135,188 | -4.1% | 778,286 | 5.3 |
| May 29, 2026 | 4,312,287 | +5.7% | 876,331 | 4.9 |
| May 15, 2026 | 4,081,075 | +16.8% | 985,305 | 4.1 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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