Churchill Downs Inc. - Company Profile

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Churchill Downs Inc. - Overview

Description

Churchill Downs is a public company headquartered in Kentucky with an estimated 8,870 employees. In the US, the company has a notable market share in at least two industries: Racing & Individual Sports, Horse Racing Tracks and Racing & Individual Sports. Their largest market share is in the Horse Racing Tracks industry, where they account for an estimated 36.0% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.

Company Details

Registered Name: Churchill Downs Inc.
Company Type: Operating
Exchange: Nasdaq
Headquarters: 600 N Hurstbourne Pkwy, Louisville, KY 40222
Website: https://www.churchilldownsincorporated.com/
Employees: 8,870

Churchill Downs Inc. - Operating Industries and Main Competitors

OD4372 - Horse Racing Tracks
- Churchill Downs Inc. Market Share: x.x%
- Penn National Gaming, Inc. Market Share: x.x%
- The New York Racing Association Inc. Market Share: x.x%
71121b - Racing & Individual Sports
- Churchill Downs Inc. Market Share: x.x%

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Churchill Downs Inc. - Products and Services

Horse Racing Tracks

Of the 4 core revenue-generating products and services in the Horse Racing Tracks industry, Churchill Downs Inc. offers:

Gaming
Off-track and simulcast betting
On-track betting
Other

Racing & Individual Sports

Of the 7 core revenue-generating products and services in the Racing & Individual Sports industry, Churchill Downs Inc. offers:

Admission, ticket, parking and food sales
Advertising and endorsement contracts
Coaching, athletic instruction and training services
Event broadcasting and other media licensing
Event contracts
Gambling collections
Other

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Churchill Downs Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Churchill Downs Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Horse Racing Tracks , Racing & Individual Sports industries

Strengths

Days Receivables: x.x%

Rank: 2 of 3 peers

Annual Turnover: x.x%

Rank: 2 of 3 peers

Weaknesses

Credit Risk: x.x%

Rank: 2 of 3 peers

Revenue per Employee: $xx

Rank: 2 of 3 peers

Opportunities

Threats

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Churchill Downs Inc. - Financial Statements

Churchill Downs Inc. Income Statement

BALANCE DATE	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023
Revenue	1,009.0	1,329.7	1,054.0	1,597.2	1,809.8	2,461.7
Cost of Revenue
Cost of Revenue, Non-Cash
Gross Profit
00000

Churchill Downs Inc. Balance Sheet

BALANCE DATE	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023
Cash and Equivalents	133.3	96.2	67.4	291.3	129.8	144.5
Short-Term Investments
Derivative Assets, Current
Restricted Cash and Investments
00000

Churchill Downs Inc. Cash Flow

BALANCE DATE	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023
Net Income	352.8	137.2	-82.1	249.1	439.4	N/A
Income (Loss) From Discontinued Operations
Depreciation, Depletion and Amortization
Amortization of Financing Costs and Discounts
00000

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This profile on Churchill Downs Inc. includes:

Company Overview
Company Revenue and Employee Data
Company Financial Statements
Industry Market Share Breakdown
Industry Competitor Matrix
SWOT Analysis
Products and Services
Key Company Benchmarks
Interconnected Competitor Profiles and Industry Reports
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