Churchill Downs, Incorporated (CHDN) vs DraftKings Inc. (DKNG)
Churchill Downs, Incorporated and DraftKings Inc. are both Gambling companies. DraftKings Inc. is the larger, with a market value of $18.7B against $5.5B — 3.4× the size. DraftKings Inc. has negative trailing earnings, so its P/E is not meaningful; Churchill Downs, Incorporated trades at 13.7×. DraftKings Inc. grew revenue faster over the last twelve months: 15.0% against 5.73%. Churchill Downs, Incorporated has the higher net margin (13.8% vs −2.68%) and the higher return on invested capital (7.75% vs −11.2%). Across the 20 metrics below, Churchill Downs, Incorporated leads on 11 and DraftKings Inc. on 9.
Valuation
Profitability
| Metric | CHDN | DKNG | Gambling median |
|---|---|---|---|
| Gross margin | 34.18% | 40.54% | 51.63% |
| Operating margin | 24.13% | (2.93%) | (1.47%) |
| Net margin | 13.80% | (2.68%) | (3.01%) |
| Free cash flow margin | 18.98% | 7.99% | 2.54% |
| Return on equity | 34.67% | (21.14%) | 10.65% |
| Return on assets | 5.54% | (3.81%) | (1.07%) |
| Return on invested capital | 7.75% | (11.21%) | 0.00% |
Growth
Health
Dividend
Size
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