CHDN Q1 2021 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q1 2021 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$324M+28.2% YoY

Gross Profit

$77M23.7% margin

Operating Income

$47M14.4% margin

Net Income

$36M11.1% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+16.6%

Cash Flow

Operating Cash Flow

-$20M

Free Cash Flow

-$32M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.6B

Stockholders' Equity

$202M

Cash & Equivalents

$148M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$324M	$253M	+28.2%
Gross Profit	$77M	$30M	+154.1%
Operating Income	$47M	-$12M	+502.6%
Net Income	$36M	-$23M	+254.3%

Revenue Segments

Gaming

$152M46%

Pari-Mutuel, Live And Simulcast Racing

$112M34%

Pari-Mutuel, Historical Racing

$53M16%

Product and Service, Other

$9M3%

Racing Event-Related Services

$700,0000%