CHDN Q4 2022 Earnings — Churchill Downs Incorporated Revenue & Financial Results | Market Cap Arena

CHDNChurchill Downs Incorporated

$6B

Q4 2022 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$480M+31.6% YoY

Gross Profit

$131M27.3% margin

Operating Income

$80M16.6% margin

Net Income

$1M0.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+25.3%

Cash Flow

Operating Cash Flow

$112M

Free Cash Flow

-$48M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$5.7B

Stockholders' Equity

$552M

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$480M	$365M	+31.6%
Gross Profit	$131M	$83M	+57.4%
Operating Income	$80M	$45M	+78.9%
Net Income	$1M	$43M	-97.7%

Revenue Segments

Gaming

$211M42%

Pari-Mutuel, Historical Racing

$148M29%

Pari-Mutuel, Live And Simulcast Racing

$96M19%

Product and Service, Other

$44M9%

Racing Event-Related Services

$6M1%