Churchill Downs, Incorporated

CHDN Consumer Cyclical Gambling

Churchill Downs, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 7.01% from fiscal 2024.

Revenue
+1.90%
EPS
+111.7%
Free cash flow
+252.7%
Total debt
−7.52%

Quarter to September 2026, against a year earlier

98.25 0.25 +0.26%
Market cap
$6.7B
P/E
15.2×
Fwd P/E
14.0×
Dividend yield
0.45%
F-score
6/9
Altman Z
1.59
Beneish M
−2.74
Dividend safety
74/100

Churchill Downs, Incorporated (CHDN) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Churchill Downs, Incorporated (CHDN) trades at a P/S ratio of 2.3×. Over the past ten years it has ranged from 1.7× (October 2026) to 9.6× (March 2021); the current reading is higher than 13% of that period. That is above the Gambling industry median of 0.9× and above the Consumer Cyclical sector median of 0.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.8× (23.18%)
FY2024 3.6× (11.64%)
FY2023 4.1× (7.23%)
FY2022 4.4× (24.27%)
FY2021 5.8× (20.45%)
FY2020 7.3× 76.89%
FY2019 4.1× 24.30%
FY2018 3.3× (19.35%)
FY2017 4.1× 103.00%
FY2016 2.0× (33.28%)

Quarterly newest first

Period P/S ratio Change
Sep 2026 1.8× (15.94%)
Jun 2026 2.1× (1.74%)
Mar 2026 2.1× (23.12%)
Dec 2025 2.8× 17.93%
43 more quarters

Against its own ten years

Low 1.7× High 9.6×
Ten-year median 3.8×
Current reading's percentile 9

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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