Churchill Historical Income Statement

CHDN Stock  USD 136.92  2.41  1.79%   
Historical analysis of Churchill Downs income statement accounts such as Interest Expense of 281.8 M, Selling General Administrative of 212.4 M or Total Revenue of 2.6 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.
  
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 11th of June 2024, EBIT is likely to grow to about 782.9 M, though Discontinued Operations is likely to grow to (104.2 M).

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.
At this time, Churchill Downs' Operating Income is very stable compared to the past year. As of the 11th of June 2024, EBIT is likely to grow to about 782.9 M, though Discontinued Operations is likely to grow to (104.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit446.1M566.4M795.7M835.5M
Total Revenue1.6B1.8B2.5B2.6B

Churchill Downs income statement Correlations

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Churchill Downs Account Relationship Matchups

Churchill Downs income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization157.9M97.9M108.5M119M175.2M184.0M
Interest Expense70.9M80M84.7M147.3M268.4M281.8M
Selling General Administrative122M114.8M138.5M164.2M202.3M212.4M
Total Revenue1.3B1.1B1.6B1.8B2.5B2.6B
Gross Profit343M193.5M446.1M566.4M795.7M835.5M
Other Operating Expenses1.1B975.3M1.3B1.4B1.9B2.0B
Operating Income215.7M106.5M451.5M561.9M564M592.2M
Ebit215.7M106.5M451.5M561.9M745.6M782.9M
Ebitda373.6M204.4M560M680.9M920.8M966.8M
Cost Of Revenue986.7M860.5M1.2B1.2B1.7B1.7B
Total Operating Expenses122M114.8M138.5M164.2M202.3M212.4M
Income Before Tax196.4M8M343.6M608.8M561.8M589.9M
Total Other Income Expense Net(19.3M)(98.5M)(107.9M)46.9M236.8M248.6M
Net Income137.5M13.3M249.1M439.4M417.3M438.2M
Income Tax Expense56.8M(5.3M)94.5M169.4M144.5M151.7M
Net Income Applicable To Common Shares137.5M(81.9M)249.1M439.4M505.3M530.6M
Discontinued Operations18.1M170.2M(2.4M)(95.4M)(109.7M)(104.2M)
Net Income From Continuing Ops139.6M13.3M249.1M439.4M417.3M438.2M
Research Development8.8M9.4M10.3M10.7M11.2M10.9M
Non Operating Income Net Other51.6M27.8M143.9M434.3M499.4M524.4M
Tax Provision56.8M(5.3M)94.5M169.4M144.5M73.1M
Net Interest Income(70.9M)(80M)(84.7M)(147.3M)(268.4M)(255.0M)
Reconciled Depreciation101M97.9M108.5M119M175.2M122.6M

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Additional Information and Resources on Investing in Churchill Stock

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:
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.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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
(0.47)
Dividend Share
0.382
Earnings Share
4.52
Revenue Per Share
33.286
Quarterly Revenue Growth
0.056
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.