Churchill Net Income from 2010 to 2025
| CHDN Stock | USD 113.75 4.59 4.20% |
Net Income | First Reported 1993-03-31 | Previous Quarter 71.7 M | Current Value 76.7 M | Quarterly Volatility 49.5 M |
Check Churchill Downs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Churchill Downs' main balance sheet or income statement drivers, such as Depreciation And Amortization of 214.9 M, Interest Expense of 304.3 M or Selling General Administrative of 249.6 M, as well as many indicators such as Price To Sales Ratio of 1.85, Dividend Yield of 0.0028 or PTB Ratio of 9.58. Churchill financial statements analysis is a perfect complement when working with Churchill Downs Valuation or Volatility modules.
Churchill | Net Income | Build AI portfolio with Churchill Stock |
Latest Churchill Downs' Net Income Growth Pattern
Below is the plot of the Net Income of Churchill Downs Incorporated over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Churchill Downs financial statement analysis. It represents the amount of money remaining after all of Churchill Downs Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Churchill Downs' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Churchill Downs' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 429.1 M | 10 Years Trend |
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Net Income |
| Timeline |
Churchill Net Income Regression Statistics
| Arithmetic Mean | 189,245,312 | |
| Geometric Mean | 107,419,724 | |
| Coefficient Of Variation | 89.59 | |
| Mean Deviation | 149,758,516 | |
| Median | 137,500,000 | |
| Standard Deviation | 169,546,942 | |
| Sample Variance | 28746.2T | |
| Range | 442.2M | |
| R-Value | 0.83 | |
| Mean Square Error | 9336.2T | |
| R-Squared | 0.70 | |
| Significance | 0.000058 | |
| Slope | 29,728,478 | |
| Total Sum of Squares | 431192.5T |
Churchill Net Income History
Other Fundumenentals of Churchill Downs
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Churchill Downs Net Income component correlations
About Churchill Downs Financial Statements
Churchill Downs investors utilize fundamental indicators, such as Net Income, to predict how Churchill Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 429.1 M | 450.6 M | |
| Net Income Applicable To Common Shares | 505.3 M | 530.6 M | |
| Net Income From Continuing Ops | 429.1 M | 450.6 M | |
| Net Income Per Share | 5.77 | 6.06 | |
| Net Income Per E B T | 0.74 | 0.63 |
Pair Trading with Churchill Downs
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Churchill Downs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Churchill Downs will appreciate offsetting losses from the drop in the long position's value.Moving together with Churchill Stock
| 0.69 | H | Hyatt Hotels Earnings Call Today | PairCorr |
Moving against Churchill Stock
| 0.62 | MCD | McDonalds | PairCorr |
| 0.54 | HRB | HR Block | PairCorr |
| 0.5 | WEN | The Wendys Earnings Call This Week | PairCorr |
| 0.4 | DPZ | Dominos Pizza Common | PairCorr |
The ability to find closely correlated positions to Churchill Downs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Churchill Downs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Churchill Downs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Churchill Downs Incorporated to buy it.
The correlation of Churchill Downs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Churchill Downs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Churchill Downs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Churchill Downs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Churchill Downs Correlation against competitors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.409 | Earnings Share 5.62 | Revenue Per Share | Quarterly Revenue Growth 0.087 |
The market value of Churchill Downs is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.