CHDN Q4 2021 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q4 2021 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$365M+31.1% YoY

Gross Profit

$83M22.9% margin

Operating Income

$45M12.2% margin

Net Income

$43M11.9% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$29M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$2.7B

Stockholders' Equity

$307M

Cash & Equivalents

$291M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$365M	$278M	+31.1%
Gross Profit	$83M	$52M	+59.8%
Operating Income	$45M	$23M	+96.5%
Net Income	$43M	$17M	+153.2%

Revenue Segments

Gaming

$172M48%

Pari-Mutuel, Live And Simulcast Racing

$103M29%

Pari-Mutuel, Historical Racing

$69M19%

Product and Service, Other

$8M2%

Racing Event-Related Services

$4M1%