CHDN Q2 2024 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q2 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$891M+15.9% YoY

Gross Profit

$388M43.6% margin

Operating Income

$330M37.0% margin

Net Income

$209M23.5% margin

EPS (Diluted)

$2.79

QoQ Revenue Growth

+50.7%

Cash Flow

Operating Cash Flow

$218M

Free Cash Flow

$81M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.1B

Stockholders' Equity

$1.0B

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$891M	$769M	+15.9%
Gross Profit	$388M	$299M	+29.9%
Operating Income	$330M	$226M	+46.3%
Net Income	$209M	$143M	+46.4%

Revenue Segments

Gaming

$274M30%

Pari-Mutuel, Historical Racing

$221M24%

Racing Event-Related Services

$177M19%

Pari-Mutuel, Live And Simulcast Racing

$170M18%

Product and Service, Other

$86M9%