Churchill Downs Incorporated (CHDN) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 663M | 665.9M | 683M | 934.4M | 642.6M | 624.2M | 628.5M | 890.7M | 590.9M | 561.2M | 572.5M | 768.5M |
| Revenue Growth % | 3.17% | 6.68% | 8.67% | 4.91% | 8.75% | 11.23% | 9.78% | 15.9% | 5.61% | 16.89% | 49.44% | 31.93% |
| Cost of Goods Sold | 460M | 469.2M | 478.7M | 542.3M | 453.1M | 444.5M | 442.9M | 502.7M | 405.7M | 400.2M | 408.5M | 469.8M |
| COGS % of Revenue | 69.38% | 70.46% | 70.09% | 58.04% | 70.51% | 71.21% | 70.47% | 56.44% | 68.66% | 71.31% | 71.35% | 61.13% |
| Gross Profit | 203M | 196.7M | 204.3M | 392.1M | 189.5M | 179.7M | 185.6M | 388M | 185.2M | 161M | 164M | 298.7M |
| Gross Margin % | 30.62% | 29.54% | 29.91% | 41.96% | 29.49% | 28.79% | 29.53% | 43.56% | 31.34% | 28.69% | 28.65% | 38.87% |
| Gross Profit Growth % | 7.12% | 9.46% | 10.08% | 1.06% | 2.32% | 11.61% | 13.17% | 29.9% | 7.67% | 22.62% | 59.84% | 24.82% |
| Operating Expenses | 59M | 71.5M | 106.3M | 64.4M | 54.9M | 52.9M | 59.8M | 58M | 58.9M | 54.8M | 51.7M | 73.1M |
| OpEx % of Revenue | 8.9% | 10.74% | 15.56% | 6.89% | 8.54% | 8.47% | 9.51% | 6.51% | 9.97% | 9.76% | 9.03% | 9.51% |
| Selling, General & Admin | 59M | 71.5M | 59.3M | 60.9M | 54.5M | 0 | 59.8M | 57.4M | 54.8M | 51.7M | 50.2M | 48.1M |
| SG&A % of Revenue | 8.9% | 10.74% | 8.68% | 6.52% | 8.48% | - | 9.51% | 6.44% | 9.27% | 9.21% | 8.77% | 6.26% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 13M | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 2.08% | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 400K | 1000K | -100K | 600K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 144M | 125.2M | 98M | 327.7M | 134.6M | 126.8M | 125.9M | 330M | 126.3M | 106.2M | 112.3M | 225.6M |
| Operating Margin % | 21.72% | 18.8% | 14.35% | 35.07% | 20.95% | 20.31% | 20.03% | 37.05% | 21.37% | 18.92% | 19.62% | 29.36% |
| Operating Income Growth % | 6.98% | -1.26% | -22.16% | -0.7% | 6.57% | 19.4% | 12.11% | 46.28% | 5.34% | 33.08% | 74.92% | 12.29% |
| EBITDA | 202M | 186.4M | 156.1M | 387.1M | 195.4M | 167.2M | 176.9M | 380.5M | 174.6M | 154.8M | 155.7M | 268.7M |
| EBITDA Margin % | 30.47% | 27.99% | 22.86% | 41.43% | 30.41% | 26.79% | 28.15% | 42.72% | 29.55% | 27.58% | 27.2% | 34.96% |
| EBITDA Growth % | 3.38% | 11.48% | -11.76% | 1.73% | 11.91% | 8.01% | 13.62% | 41.61% | 9.13% | 24.84% | 69.79% | 18.37% |
| D&A (Non-Cash Add-back) | 58M | 61.2M | 58.1M | 59.4M | 60.8M | 40.4M | 51M | 50.5M | 48.3M | 48.6M | 43.4M | 43.1M |
| EBIT | 144M | 158.9M | 136.8M | 366.2M | 168.2M | 114M | 159.2M | 367.8M | 172.2M | 142.5M | 149.7M | 264.4M |
| Net Interest Income | -72M | -75.6M | -75.6M | -74.2M | -72.3M | -72.8M | -73.1M | -73.5M | -70.4M | -70.6M | -67.9M | -65.2M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -72M | 75.6M | 75.6M | 74.2M | 72.3M | 72.8M | 73.1M | 73.5M | 70.4M | 70.6M | 67.9M | 65.2M |
| Other Income/Expense | -31M | -41.9M | -36.8M | -35.7M | -38.7M | -35.8M | -39.8M | -35.7M | -24.5M | -34.3M | -30.5M | -26.4M |
| Pretax Income | 113M | 83.3M | 61.2M | 292M | 95.9M | 91M | 86.1M | 294.3M | 101.8M | 71.9M | 81.8M | 199.2M |
| Pretax Margin % | 17.04% | 12.51% | 8.96% | 31.25% | 14.92% | 14.58% | 13.7% | 33.04% | 17.23% | 12.81% | 14.29% | 25.92% |
| Income Tax | -30M | 31.8M | 22M | 74.4M | 18.7M | 18.7M | 19.9M | 84.1M | 21.4M | 14.3M | 20.8M | 56.2M |
| Effective Tax Rate % | -26.55% | 38.18% | 35.95% | 25.48% | 19.5% | 20.55% | 23.11% | 28.58% | 21.02% | 19.89% | 25.43% | 28.21% |
| Net Income | 83M | 49.8M | 37.9M | 216.9M | 76.7M | 71.7M | 64.4M | 209.3M | 80.4M | 57.6M | 61M | 143M |
| Net Margin % | 12.52% | 7.48% | 5.55% | 23.21% | 11.94% | 11.49% | 10.25% | 23.5% | 13.61% | 10.26% | 10.66% | 18.61% |
| Net Income Growth % | 8.21% | -30.54% | -41.15% | 3.63% | -4.6% | 24.48% | 5.57% | 46.36% | -48.36% | 5660% | 7.02% | -57.85% |
| Net Income (Continuing) | 83M | 51.5M | 39.2M | 217.6M | 77.2M | 72.3M | 66.2M | 210.2M | 80.4M | 57.6M | 61M | 143M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 48M | 46.1M | 44.2M | 22.5M | 21.4M | 19.7M | 17.9M | 16.1M | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.16 | 0.71 | 0.53 | 3.00 | 1.02 | 0.95 | 0.86 | 2.79 | 1.08 | 0.76 | 0.79 | 1.86 |
| EPS Growth % | 13.73% | -25.26% | -38.37% | 7.53% | -5.56% | 25% | 8.86% | 50% | -47.06% | 5701.53% | 6.76% | -57.73% |
| EPS (Basic) | 1.16 | 0.71 | 0.54 | 3.03 | 1.02 | 0.95 | 0.87 | 2.82 | 1.09 | 0.77 | 0.81 | 1.90 |
| Diluted Shares Outstanding | 70M | 71.8M | 71M | 72.3M | 74.4M | 74.6M | 74.6M | 74.6M | 74.7M | 75.8M | 77.1M | 76.9M |
| Basic Shares Outstanding | 70M | 71.4M | 70.3M | 71.7M | 73.7M | 73.9M | 73.9M | 73.9M | 74.1M | 75.1M | 75.2M | 75.3M |
| Dividend Payout Ratio | 37.35% | 1.2% | - | 0.05% | 39.24% | 0.7% | 0.16% | 0.1% | 35.57% | 0.52% | 0.16% | - |