CHDN Q4 2019 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q4 2019 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$281M+28.1% YoY

Gross Profit

$36M13.0% margin

Operating Income

$4M1.2% margin

Net Income

$4M1.4% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-8.4%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

-$21M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.0B

Stockholders' Equity

$508M

Cash & Equivalents

$96M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$281M	$219M	+28.1%
Gross Profit	$36M	$41M	-10.6%
Operating Income	$4M	$12M	-70.8%
Net Income	$4M	$11M	-64.9%

Revenue Segments

Gaming

$143M51%

Pari-Mutuel, Live And Simulcast Racing

$83M29%

Product and Service, Other

$27M10%

Pari-Mutuel, Historical Racing

$23M8%

Racing Event-Related Services

$5M2%