Churchill Downs Incorporated (CHDN) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Churchill Downs Incorporated (CHDN) carries a Roarable Rating of C (Hold) with 63/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How CHDN Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $2.93B | 44% | 23.4% | $383.0M | $297.3M | 9.2% |
| FY 2024 | $2.73B | 44% | 25.9% | $426.8M | $355.0M | 9.7% |
| FY 2023 | $2.46B | 44% | 22.9% | $417.3M | $356.6M | 21.5% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring CHDN)
- ✓Live walkthrough of CHDN's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
CHDN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +7.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on CHDN today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for CHDN. Explore sector supply chains on /butterfly.
CHDN Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Churchill Downs Incorporated (CHDN)?
In FY 2025 (10-K), CHDN converted $2.9B of revenue into a 44% gross margin, 23.4% operating margin, and $297.3M in free cash flow (10.2% FCF margin).