CHDN Q3 2024 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q3 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$629M+9.8% YoY

Gross Profit

$186M29.5% margin

Operating Income

$126M20.0% margin

Net Income

$64M10.2% margin

EPS (Diluted)

$0.86

QoQ Revenue Growth

-29.4%

Cash Flow

Operating Cash Flow

$169M

Free Cash Flow

$44M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.1B

Stockholders' Equity

$1.1B

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$629M	$573M	+9.8%
Gross Profit	$186M	$164M	+13.2%
Operating Income	$126M	$112M	+12.1%
Net Income	$64M	$61M	+5.6%

Revenue Segments

Gaming

$270M40%

Pari-Mutuel, Historical Racing

$215M32%

Pari-Mutuel, Live And Simulcast Racing

$103M15%

Product and Service, Other

$72M11%

Racing Event-Related Services

$6M1%