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CHDN vs MAR
Revenue, margins, valuation, and 5-year total return — side by side.
Travel Lodging
CHDN vs MAR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Gambling, Resorts & Casinos | Travel Lodging |
| Market Cap | $6.43B | $95.15B |
| Revenue (TTM) | $2.95B | $21.73B |
| Net Income (TTM) | $388M | $2.58B |
| Gross Margin | 33.8% | 6.0% |
| Operating Margin | 23.6% | 19.6% |
| Forward P/E | 13.2x | 31.0x |
| Total Debt | $5.20B | $17.08B |
| Cash & Equiv. | $289M | $358M |
CHDN vs MAR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Churchill Downs Inc… (CHDN) | 100 | 139.1 | +39.1% |
| Marriott Internatio… (MAR) | 100 | 405.7 | +305.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CHDN vs MAR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CHDN carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 6 yrs, beta 0.70, yield 0.5%
- Rev growth 7.0%, EPS growth -6.3%, 3Y rev CAGR 17.4%
- Lower volatility, beta 0.70, current ratio 0.60x
MAR is the clearest fit if your priority is long-term compounding.
- 440.0% 10Y total return vs CHDN's 343.6%
- 0.7% yield, 4-year raise streak, vs CHDN's 0.5%
- +43.6% vs CHDN's +0.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.0% revenue growth vs MAR's 4.3% | |
| Value | Lower P/E (13.2x vs 31.0x) | |
| Quality / Margins | 13.2% margin vs MAR's 11.9% | |
| Stability / Safety | Beta 0.70 vs MAR's 1.09 | |
| Dividends | 0.7% yield, 4-year raise streak, vs CHDN's 0.5% | |
| Momentum (1Y) | +43.6% vs CHDN's +0.5% | |
| Efficiency (ROA) | 10.5% ROA vs CHDN's 5.2%, ROIC 25.0% vs 9.4% |
CHDN vs MAR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CHDN vs MAR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CHDN leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MAR is the larger business by revenue, generating $21.7B annually — 7.4x CHDN's $2.9B. Profitability is closely matched — net margins range from 13.2% (CHDN) to 11.9% (MAR). On growth, CHDN holds the edge at +3.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.9B | $21.7B |
| EBITDAEarnings before interest/tax | $932M | $4.6B |
| Net IncomeAfter-tax profit | $388M | $2.6B |
| Free Cash FlowCash after capex | $734M | $3.2B |
| Gross MarginGross profit ÷ Revenue | +33.8% | +6.0% |
| Operating MarginEBIT ÷ Revenue | +23.6% | +19.6% |
| Net MarginNet income ÷ Revenue | +13.2% | +11.9% |
| FCF MarginFCF ÷ Revenue | +24.9% | +14.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.2% | -71.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +13.7% | +110.6% |
Valuation Metrics
CHDN leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 17.3x trailing earnings, CHDN trades at a 54% valuation discount to MAR's 37.8x P/E. On an enterprise value basis, CHDN's 11.6x EV/EBITDA is more attractive than MAR's 25.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $6.4B | $95.1B |
| Enterprise ValueMkt cap + debt − cash | $11.3B | $111.9B |
| Trailing P/EPrice ÷ TTM EPS | 17.34x | 37.84x |
| Forward P/EPrice ÷ next-FY EPS est. | 13.24x | 31.00x |
| PEG RatioP/E ÷ EPS growth rate | 0.17x | — |
| EV / EBITDAEnterprise value multiple | 11.62x | 25.20x |
| Price / SalesMarket cap ÷ Revenue | 2.20x | 3.63x |
| Price / BookPrice ÷ Book value/share | 6.24x | — |
| Price / FCFMarket cap ÷ FCF | 12.99x | 36.48x |
Profitability & Efficiency
MAR leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), MAR scores 7/9 vs CHDN's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +35.7% | — |
| ROA (TTM)Return on assets | +5.2% | +10.5% |
| ROICReturn on invested capital | +9.4% | +25.0% |
| ROCEReturn on capital employed | +11.1% | +22.6% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | 4.92x | — |
| Net DebtTotal debt minus cash | $4.9B | $16.7B |
| Cash & Equiv.Liquid assets | $289M | $358M |
| Total DebtShort + long-term debt | $5.2B | $17.1B |
| Interest CoverageEBIT ÷ Interest expense | 5.25x | 8.06x |
Total Returns (Dividends Reinvested)
MAR leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MAR five years ago would be worth $25,790 today (with dividends reinvested), compared to $9,424 for CHDN. Over the past 12 months, MAR leads with a +43.6% total return vs CHDN's +0.5%. The 3-year compound annual growth rate (CAGR) favors MAR at 27.2% vs CHDN's -13.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -17.6% | +14.8% |
| 1-Year ReturnPast 12 months | +0.5% | +43.6% |
| 3-Year ReturnCumulative with dividends | -36.0% | +105.9% |
| 5-Year ReturnCumulative with dividends | -5.8% | +157.9% |
| 10-Year ReturnCumulative with dividends | +343.6% | +440.0% |
| CAGR (3Y)Annualised 3-year return | -13.8% | +27.2% |
Risk & Volatility
Evenly matched — CHDN and MAR each lead in 1 of 2 comparable metrics.
Risk & Volatility
CHDN is the less volatile stock with a 0.70 beta — it tends to amplify market swings less than MAR's 1.09 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MAR currently trades 94.5% from its 52-week high vs CHDN's 77.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.70x | 1.09x |
| 52-Week HighHighest price in past year | $118.46 | $380.00 |
| 52-Week LowLowest price in past year | $80.24 | $250.01 |
| % of 52W HighCurrent price vs 52-week peak | +77.9% | +94.5% |
| RSI (14)Momentum oscillator 0–100 | 48.1 | 50.8 |
| Avg Volume (50D)Average daily shares traded | 1.0M | 1.5M |
Analyst Outlook
Evenly matched — CHDN and MAR each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates CHDN as "Buy" and MAR as "Hold". Consensus price targets imply 57.0% upside for CHDN (target: $145) vs 3.7% for MAR (target: $373). For income investors, MAR offers the higher dividend yield at 0.74% vs CHDN's 0.47%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $144.84 | $372.50 |
| # AnalystsCovering analysts | 23 | 52 |
| Dividend YieldAnnual dividend ÷ price | +0.5% | +0.7% |
| Dividend StreakConsecutive years of raises | 6 | 4 |
| Dividend / ShareAnnual DPS | $0.43 | $2.67 |
| Buyback YieldShare repurchases ÷ mkt cap | +6.7% | +3.5% |
CHDN leads in 2 of 6 categories (Income & Cash Flow, Valuation Metrics). MAR leads in 2 (Profitability & Efficiency, Total Returns). 2 tied.
CHDN vs MAR: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is CHDN or MAR a better buy right now?
For growth investors, Churchill Downs Incorporated (CHDN) is the stronger pick with 7.
0% revenue growth year-over-year, versus 4. 3% for Marriott International, Inc. (MAR). Churchill Downs Incorporated (CHDN) offers the better valuation at 17. 3x trailing P/E (13. 2x forward), making it the more compelling value choice. Analysts rate Churchill Downs Incorporated (CHDN) a "Buy" — based on 23 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CHDN or MAR?
On trailing P/E, Churchill Downs Incorporated (CHDN) is the cheapest at 17.
3x versus Marriott International, Inc. at 37. 8x. On forward P/E, Churchill Downs Incorporated is actually cheaper at 13. 2x.
03Which is the better long-term investment — CHDN or MAR?
Over the past 5 years, Marriott International, Inc.
(MAR) delivered a total return of +157. 9%, compared to -5. 8% for Churchill Downs Incorporated (CHDN). Over 10 years, the gap is even starker: MAR returned +440. 0% versus CHDN's +343. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CHDN or MAR?
By beta (market sensitivity over 5 years), Churchill Downs Incorporated (CHDN) is the lower-risk stock at 0.
70β versus Marriott International, Inc. 's 1. 09β — meaning MAR is approximately 56% more volatile than CHDN relative to the S&P 500.
05Which is growing faster — CHDN or MAR?
By revenue growth (latest reported year), Churchill Downs Incorporated (CHDN) is pulling ahead at 7.
0% versus 4. 3% for Marriott International, Inc. (MAR). On earnings-per-share growth, the picture is similar: Marriott International, Inc. grew EPS 13. 9% year-over-year, compared to -6. 3% for Churchill Downs Incorporated. Over a 3-year CAGR, CHDN leads at 17. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CHDN or MAR?
Churchill Downs Incorporated (CHDN) is the more profitable company, earning 13.
0% net margin versus 9. 9% for Marriott International, Inc. — meaning it keeps 13. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CHDN leads at 25. 2% versus 15. 8% for MAR. At the gross margin level — before operating expenses — CHDN leads at 33. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is CHDN or MAR more undervalued right now?
On forward earnings alone, Churchill Downs Incorporated (CHDN) trades at 13.
2x forward P/E versus 31. 0x for Marriott International, Inc. — 17. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CHDN: 57. 0% to $144. 84.
08Which pays a better dividend — CHDN or MAR?
All stocks in this comparison pay dividends.
Marriott International, Inc. (MAR) offers the highest yield at 0. 7%, versus 0. 5% for Churchill Downs Incorporated (CHDN).
09Is CHDN or MAR better for a retirement portfolio?
For long-horizon retirement investors, Marriott International, Inc.
(MAR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 09), 0. 7% yield, +440. 0% 10Y return). Both have compounded well over 10 years (MAR: +440. 0%, CHDN: +343. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between CHDN and MAR?
Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: CHDN is a small-cap deep-value stock; MAR is a mid-cap quality compounder stock. MAR pays a dividend while CHDN does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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