CHDN

Based on Churchill Downs Incorporated's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

What does Churchill Downs do?

Churchill Downs Incorporated operates horse racing venues, the TwinSpires online wagering platform, and casino gaming properties across eight US states. It is best known for hosting the Kentucky Derby and for its historical racing machines in Kentucky. The company also manufactures pari-mutuel wagering systems for third-party racetracks and betting facilities.

Does CHDN pay dividends?

Yes, Churchill Downs pays a regular dividend. This distinguishes it from many gaming peers that reinvest all cash flow into expansion. Investors focused on income should review the company's investor relations page for the current dividend rate and payment schedule, and weigh the Weak Risk pillar rating when assessing sustainability.

When does CHDN report earnings?

Churchill Downs reports on a quarterly cadence, as is standard for US-listed companies. Results tend to reflect seasonal patterns tied to major racing events. For the exact reporting schedule and most recent results, check the investor relations section of the Churchill Downs website.

Is CHDN a good stock to buy?

UQS Score rates CHDN as Below Average overall. The Valuation pillar is Attractive and Quality is Good, but Moat and Risk both register as Weak. Whether that profile suits your portfolio depends on your risk tolerance and investment goals. The full pillar breakdown is available to UQS Pro members.

Is CHDN overvalued?

The UQS Valuation pillar rates CHDN as Attractive, suggesting the stock is not considered expensive relative to its fundamentals at current levels. However, an attractive valuation alone does not offset the Weak Moat and Risk ratings. Investors should consider the full picture before drawing conclusions.

How does CHDN compare to its competitors?

Churchill Downs occupies a unique position — combining a storied live racing brand with digital wagering and regional casino operations. Compared to pure-play casino operators like Boyd Gaming or large-scale players like Caesars, CHDN's racing heritage and TwinSpires platform offer differentiation, though its overall UQS Score remains Below Average.

What is CHDN's market cap bracket?

Churchill Downs is classified as a mid-cap company. This places it in a range where it carries more operational scale than smaller gaming operators but lacks the financial firepower of mega-cap casino and entertainment conglomerates. Mid-cap stocks can offer a balance of growth potential and established operations.

Who founded Churchill Downs?

Churchill Downs was founded in 1875, making it one of the oldest continuously operating racing and gaming enterprises in the United States. The founding is closely tied to the origins of the Kentucky Derby. Detailed historical founding information is widely available through the company's official history and public records.

Is CHDN a long-term quality indicator?

As a long-term quality indicator, CHDN's profile is mixed. The Good Quality pillar reflects operational consistency, and the brand's 150-year history provides some durability. However, the Weak Moat and Weak Risk ratings suggest the company faces structural challenges that long-term investors should monitor closely. Pro members can view the complete analysis.

What is the main competitive advantage of Churchill Downs?

Churchill Downs' most distinctive asset is its ownership of the Kentucky Derby — one of the most recognized sporting events in the United States. This provides a recurring, high-profile revenue event and brand recognition that pure casino or online wagering competitors cannot easily replicate. The UQS Moat pillar, however, rates this advantage as Weak in the broader competitive context.

What sector does CHDN belong to?

Churchill Downs is classified under the Consumer Cyclical sector. This means its business performance tends to be sensitive to consumer spending trends and broader economic conditions. Gaming and entertainment companies in this sector can see revenue fluctuate with discretionary income levels and consumer confidence.

Churchill Downs Incorporated shows solid profitability with healthy returns on capital and reasonable margins.

Churchill Downs Incorporated shows steady but unspectacular growth, typical for mature companies.

Churchill Downs Incorporated presents elevated risk with concerns around leverage or financial stability.

Churchill Downs Incorporated appears attractively valued relative to its earnings, cash flows, and sector peers.

Churchill Downs Incorporated possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for CHDN.

The UQS (Unified Quality Score) for Churchill Downs Incorporated is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Churchill Downs Incorporated's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Churchill Downs Incorporated is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.