Churchill Historical Income Statement

CHDN Stock

USD 100.07 0.24 0.24%

Historical analysis of Churchill Downs income statement accounts such as Interest Expense of 304.3 M, Selling General Administrative of 249.6 M or Total Revenue of 2.9 B can show how well Churchill Downs Incorporated performed in making a profits. Evaluating Churchill Downs income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Churchill Downs's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Churchill Downs latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Churchill Downs is a good buy for the upcoming year.

Net Income Gross Profit

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

About Churchill Income Statement Analysis

Churchill Downs Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Churchill Downs shareholders. The income statement also shows Churchill investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Churchill Downs Income Statement Chart

At this time, Churchill Downs' Operating Income is very stable compared to the past year. As of the 25th of June 2025, EBIT is likely to grow to about 906.1 M, though Total Other Income Expense Net is likely to grow to (129 M).

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Churchill Downs generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Churchill Downs Incorporated minus its cost of goods sold. It is profit before Churchill Downs operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Churchill Downs. It is also known as Churchill Downs overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Churchill Downs' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Churchill Downs current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

	2022	2023	2024	2025 (projected)
Gross Profit	566.4M	795.7M	938.5M	985.4M
Total Revenue	1.8B	2.5B	2.7B	2.9B

Gross Profit Total Revenue

Churchill Downs income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Research Development	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Extraordinary Items	Minority Interest	Reconciled Depreciation
Depreciation And Amortization		0.94	0.97	0.98	0.96	0.98	0.9	0.89	0.92	0.98	0.98	0.84	-0.29	0.76	0.79	-0.64	0.82	0.29	0.86	0.81	0.59	0.02	-0.91	-0.37	-0.85	0.68
Interest Expense	0.94		0.96	0.96	0.97	0.93	0.94	0.95	0.96	0.93	0.93	0.89	-0.23	0.84	0.82	-0.65	0.9	0.12	0.95	0.78	0.66	0.01	-0.99	-0.34	-0.87	0.74
Selling General Administrative	0.97	0.96		0.99	0.98	0.98	0.96	0.94	0.96	0.98	0.97	0.9	-0.22	0.84	0.85	-0.65	0.89	0.17	0.92	0.76	0.67	0.03	-0.93	-0.36	-0.89	0.66
Total Revenue	0.98	0.96	0.99		0.99	1.0	0.96	0.95	0.97	1.0	0.99	0.91	-0.23	0.85	0.87	-0.62	0.89	0.27	0.91	0.75	0.69	0.06	-0.92	-0.34	-0.85	0.67
Gross Profit	0.96	0.97	0.98	0.99		0.97	0.97	0.97	0.98	0.97	0.96	0.94	-0.22	0.89	0.88	-0.59	0.93	0.21	0.95	0.77	0.71	0.0	-0.95	-0.29	-0.84	0.7
Other Operating Expenses	0.98	0.93	0.98	1.0	0.97		0.93	0.92	0.94	1.0	0.99	0.89	-0.23	0.82	0.86	-0.62	0.86	0.32	0.87	0.72	0.67	0.1	-0.89	-0.36	-0.84	0.65
Operating Income	0.9	0.94	0.96	0.96	0.97	0.93		0.99	0.99	0.93	0.91	0.97	-0.11	0.92	0.93	-0.64	0.97	0.13	0.96	0.75	0.78	0.02	-0.92	-0.32	-0.85	0.65
Ebit	0.89	0.95	0.94	0.95	0.97	0.92	0.99		1.0	0.92	0.91	0.99	-0.01	0.94	0.94	-0.59	0.99	0.11	0.98	0.78	0.82	-0.02	-0.94	-0.28	-0.82	0.66
Ebitda	0.92	0.96	0.96	0.97	0.98	0.94	0.99	1.0		0.94	0.93	0.98	-0.06	0.93	0.93	-0.61	0.98	0.14	0.98	0.79	0.79	-0.02	-0.95	-0.3	-0.83	0.67
Cost Of Revenue	0.98	0.93	0.98	1.0	0.97	1.0	0.93	0.92	0.94		0.99	0.89	-0.23	0.82	0.86	-0.62	0.86	0.31	0.87	0.72	0.67	0.09	-0.89	-0.36	-0.84	0.64
Total Operating Expenses	0.98	0.93	0.97	0.99	0.96	0.99	0.91	0.91	0.93	0.99		0.87	-0.23	0.79	0.85	-0.62	0.84	0.38	0.87	0.73	0.66	0.11	-0.9	-0.37	-0.81	0.67
Income Before Tax	0.84	0.89	0.9	0.91	0.94	0.89	0.97	0.99	0.98	0.89	0.87		0.09	0.96	0.97	-0.54	0.99	0.11	0.96	0.74	0.86	-0.03	-0.88	-0.24	-0.76	0.6
Total Other Income Expense Net	-0.29	-0.23	-0.22	-0.23	-0.22	-0.23	-0.11	-0.01	-0.06	-0.23	-0.23	0.09		0.1	0.14	0.17	0.07	-0.13	0.02	0.02	0.29	-0.06	0.22	0.14	0.26	-0.29
Net Income	0.76	0.84	0.84	0.85	0.89	0.82	0.92	0.94	0.93	0.82	0.79	0.96	0.1		0.88	-0.33	0.96	0.08	0.91	0.73	0.77	-0.17	-0.81	0.04	-0.68	0.46
Income Tax Expense	0.79	0.82	0.85	0.87	0.88	0.86	0.93	0.94	0.93	0.86	0.85	0.97	0.14	0.88		-0.55	0.93	0.13	0.92	0.65	0.93	-0.05	-0.82	-0.35	-0.71	0.58
Discontinued Operations	-0.64	-0.65	-0.65	-0.62	-0.59	-0.62	-0.64	-0.59	-0.61	-0.62	-0.62	-0.54	0.17	-0.33	-0.55		-0.53	-0.03	-0.62	-0.49	-0.49	-0.38	0.67	0.86	0.74	-0.66
Net Income From Continuing Ops	0.82	0.9	0.89	0.89	0.93	0.86	0.97	0.99	0.98	0.86	0.84	0.99	0.07	0.96	0.93	-0.53		0.08	0.97	0.76	0.83	-0.03	-0.89	-0.21	-0.76	0.61
Research Development	0.29	0.12	0.17	0.27	0.21	0.32	0.13	0.11	0.14	0.31	0.38	0.11	-0.13	0.08	0.13	-0.03	0.08		0.03	0.12	0.01	0.46	-0.04	-0.02	0.0	0.08
Non Operating Income Net Other	0.86	0.95	0.92	0.91	0.95	0.87	0.96	0.98	0.98	0.87	0.87	0.96	0.02	0.91	0.92	-0.62	0.97	0.03		0.79	0.81	-0.08	-0.95	-0.31	-0.82	0.69
Non Recurring	0.81	0.78	0.76	0.75	0.77	0.72	0.75	0.78	0.79	0.72	0.73	0.74	0.02	0.73	0.65	-0.49	0.76	0.12	0.79		0.5	-0.22	-0.77	-0.15	-0.71	0.5
Tax Provision	0.59	0.66	0.67	0.69	0.71	0.67	0.78	0.82	0.79	0.67	0.66	0.86	0.29	0.77	0.93	-0.49	0.83	0.01	0.81	0.5		-0.03	-0.7	-0.36	-0.56	0.6
Interest Income	0.02	0.01	0.03	0.06	0.0	0.1	0.02	-0.02	-0.02	0.09	0.11	-0.03	-0.06	-0.17	-0.05	-0.38	-0.03	0.46	-0.08	-0.22	-0.03		0.02	-0.44	-0.04	0.21
Net Interest Income	-0.91	-0.99	-0.93	-0.92	-0.95	-0.89	-0.92	-0.94	-0.95	-0.89	-0.9	-0.88	0.22	-0.81	-0.82	0.67	-0.89	-0.04	-0.95	-0.77	-0.7	0.02		0.38	0.85	-0.81
Extraordinary Items	-0.37	-0.34	-0.36	-0.34	-0.29	-0.36	-0.32	-0.28	-0.3	-0.36	-0.37	-0.24	0.14	0.04	-0.35	0.86	-0.21	-0.02	-0.31	-0.15	-0.36	-0.44	0.38		0.49	-0.53
Minority Interest	-0.85	-0.87	-0.89	-0.85	-0.84	-0.84	-0.85	-0.82	-0.83	-0.84	-0.81	-0.76	0.26	-0.68	-0.71	0.74	-0.76	0.0	-0.82	-0.71	-0.56	-0.04	0.85	0.49		-0.55
Reconciled Depreciation	0.68	0.74	0.66	0.67	0.7	0.65	0.65	0.66	0.67	0.64	0.67	0.6	-0.29	0.46	0.58	-0.66	0.61	0.08	0.69	0.5	0.6	0.21	-0.81	-0.53	-0.55

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Churchill Downs Account Relationship Matchups

Churchill Downs income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	97.9M	108.5M	119M	175.2M	204.7M	214.9M
Interest Expense	80M	84.7M	147.3M	268.4M	289.8M	304.3M
Selling General Administrative	114.8M	138.5M	164.2M	202.3M	237.7M	249.6M
Total Revenue	1.1B	1.6B	1.8B	2.5B	2.7B	2.9B
Gross Profit	193.5M	446.1M	566.4M	795.7M	938.5M	985.4M
Other Operating Expenses	975.3M	1.3B	1.4B	1.9B	2.0B	2.1B
Operating Income	106.5M	451.5M	561.9M	564M	709M	744.5M
Ebit	88M	428.3M	756.1M	830.2M	863M	906.2M
Ebitda	185.9M	536.8M	875.1M	1.0B	1.1B	1.1B
Cost Of Revenue	860.5M	1.2B	1.2B	1.7B	1.8B	1.9B
Total Operating Expenses	114.8M	138.5M	164.2M	231.7M	237.7M	249.6M
Income Before Tax	8M	343.6M	608.8M	561.8M	573.2M	601.9M
Total Other Income Expense Net	(52.2M)	(107.9M)	287M	(2.2M)	(135.8M)	(129.0M)
Net Income	13.3M	249.1M	439.4M	417.3M	426.8M	448.1M
Income Tax Expense	(5.3M)	94.5M	169.4M	144.5M	144.1M	151.3M
Net Income Applicable To Common Shares	137.5M	(81.9M)	249.1M	439.4M	505.3M	530.6M
Net Income From Continuing Ops	13.3M	249.1M	439.4M	417.3M	429.1M	450.6M
Research Development	9.4M	10.3M	10.7M	11.2M	12.9M	13.0M
Non Operating Income Net Other	51.6M	27.8M	143.9M	434.3M	499.4M	524.4M
Tax Provision	(5.3M)	94.5M	169.4M	144.5M	144.1M	81.7M
Net Interest Income	(80M)	(84.7M)	(147.3M)	(268.4M)	(289.8M)	(275.3M)
Reconciled Depreciation	97.9M	108.5M	119M	175.2M	204.7M	135.4M

When determining whether Churchill Downs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:

How To Invest In Churchill

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Is Churchill Stock a good investment?

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What is Churchill Downs' Net Worth?

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Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.06)

Dividend Share

0.409

Earnings Share

5.62

Revenue Per Share

37.7

Quarterly Revenue Growth

0.087

The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Churchill Historical Income Statement

About Churchill Income Statement Analysis

Churchill Downs Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Churchill Downs income statement Correlations

Churchill Downs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Churchill Downs income statement Accounts

COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebitda	+ 1.0	Ebit
Total Revenue	+ 0.99	Selling General Administrative
Gross Profit	+ 0.99	Total Revenue

Net Interest Income	- 0.99	Interest Expense
Net Interest Income	- 0.95	Non Operating Income Net Other
Net Interest Income	- 0.95	Ebitda
Net Interest Income	- 0.95	Gross Profit
Net Interest Income	- 0.94	Ebit
Net Interest Income	- 0.93	Selling General Administrative