CHDN Q1 2022 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q1 2022 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$364M+12.3% YoY

Gross Profit

$93M25.6% margin

Operating Income

$57M15.7% margin

Net Income

$42M11.6% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$135M

Free Cash Flow

$80M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.7B

Stockholders' Equity

$318M

Cash & Equivalents

$295M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$364M	$324M	+12.3%
Gross Profit	$93M	$77M	+21.0%
Operating Income	$57M	$47M	+22.7%
Net Income	$42M	$36M	+16.6%

Revenue Segments

Gaming

$177M47%

Pari-Mutuel, Live And Simulcast Racing

$100M26%

Pari-Mutuel, Historical Racing

$74M19%

Product and Service, Other

$28M7%

Racing Event-Related Services

$900,0000%