CHDN Q2 2022 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q2 2022 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$583M+13.1% YoY

Gross Profit

$239M41.1% margin

Operating Income

$201M34.5% margin

Net Income

$339M58.2% margin

EPS (Diluted)

$4.40

QoQ Revenue Growth

+60.0%

Cash Flow

Operating Cash Flow

$246M

Free Cash Flow

$134M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$4.0B

Stockholders' Equity

$603M

Cash & Equivalents

$310M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$583M	$515M	+13.1%
Gross Profit	$239M	$180M	+32.9%
Operating Income	$201M	$147M	+37.0%
Net Income	$339M	$108M	+213.3%

Revenue Segments

Gaming

$184M31%

Pari-Mutuel, Live And Simulcast Racing

$170M28%

Racing Event-Related Services

$122M20%

Pari-Mutuel, Historical Racing

$80M13%

Product and Service, Other

$46M8%