CHDN Q2 2021 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q2 2021 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$515M+178.3% YoY

Gross Profit

$180M34.9% margin

Operating Income

$147M28.5% margin

Net Income

$108M21.0% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

+58.8%

Cash Flow

Operating Cash Flow

$230M

Free Cash Flow

$213M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.7B

Stockholders' Equity

$317M

Cash & Equivalents

$342M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$515M	$185M	+178.3%
Gross Profit	$180M	$22M	+710.8%
Operating Income	$147M	-$400,000	+36750.0%
Net Income	$108M	-$119M	+191.2%

Revenue Segments

Gaming

$186M37%

Pari-Mutuel, Live And Simulcast Racing

$175M34%

Racing Event-Related Services

$66M13%

Pari-Mutuel, Historical Racing

$65M13%

Product and Service, Other

$18M3%