GROWTH
Top line decelerating.
+7.0% YoY versus +11.1% prior. 3y CAGR +17.4%.
+7.0%
Churchill Downs Incorporated CHDN
Consumer Discretionary · Market Cap: $6.2B
Live price unavailable
Fundamentals as of 2026-03-31
We use cookies
MainRatios uses cookies for essential site functions. With your consent, we also use analytics cookies including session replay sampling (PostHog, Google Analytics) and advertising cookies (Google AdSense). You can reject non-essential cookies, including the "sale" or sharing of personal information under CCPA, and you may withdraw consent at any time (GDPR). See our Privacy Policy for details.
Consumer Discretionary · Market Cap: $6.2B
Live price unavailable
Fundamentals as of 2026-03-31
All analysis on this page is for educational purposes only and does not constitute financial advice. Fair values are model-based estimates. Always do your own research.
1 of 2 legendary models say BUY CHDN — but Joel Greenblatt disagrees.
What would legendary investors pay for CHDN?
These figures are not quotes or opinions from Buffett, Graham, Lynch or the other investors. They are our own estimates, computed by applying the intrinsic-value formulas each investor is known for to this company’s financials.
For educational purposes only. Not a recommendation to buy or sell securities.
Mixed — Churchill Downs Incorporated has 35.4% ROE but D/E 5.79.
Financial story
Mixed — Churchill Downs Incorporated's 35.4% ROE is strong, but its 5.79 debt-to-equity is elevated.
Bottom line: CHDN splits the legendary models — 1 BUY, 0 HOLD, 1 AVOID, but earns a C sector grade (58/100) in Consumer Discretionary. Whether the premium is justified depends on which lens you trust. Drill into the valuation breakdown and sector ranking for the full picture.
The Question
How does CHDN compare?
+7.0% YoY versus +11.1% prior. 3y CAGR +17.4%.
+7.0%Net margin 13.0% versus 15.6% prior (−2.6pp). Operating 25.2%.
13.0%P/E 16.1x — 20% below the 5y median of 20.1x. Forward 12.5x hints at EPS expansion next year.
16.1xSee exactly where CHDN ranks
Sign in to unlock the full sector ranking — free.
Sign in to see the rankingCHDN sits at #25 in Consumer Discretionary with a C grade (58/100).
CHDN and LEA differ on P/E, ROE, and revenue growth. See the full CHDN vs LEA compare matrix.
Buffett and Greenblatt evaluate CHDN against their respective frameworks. Per-model fair value and reasoning are in the valuation tab.
CHDN's P/E ratio is 18.8x. 5-year P/E history is in the financials tab.
1 of 2 legendary models say BUY. Full breakdown by investor and signal is in the valuation tab.
CHDN's earnings calendar and history are tracked in the financials tab. Specific dates depend on company-published guidance.
CHDN is in the Consumer Discretionary sector. Sector ranking and peer comparison are in the sector tab.
