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CPHC logoCanterbury Park Holding Corporation(CPHC)Earnings, Financials & Key Ratios

CPHC•NASDAQ
$15.60
$80M mkt cap·Price updated May 6, 2026
SectorConsumer CyclicalIndustryCasinos & GamingSub-IndustryLotteries and Pari-Mutuel Gaming
AboutCanterbury Park Holding Corporation, through its subsidiaries, engages in horse racing, card casino, food and beverage, and real estate development businesses. The company's Horse Racing segment operates year-round simulcasting of horse races, as well as wagering on live thoroughbred and quarter horse races on a seasonal basis. Its Card Casino segment offers unbanked card games, such as poker and table games. The company's Food and Beverage segment operates concession stands, restaurants and buffets, bars, and other food venues, as well as café style restaurants and full-service bars within the Card Casino and simulcast area. This segment also provides lounge services along with a buffet restaurant; various concession style food and beverages during live racing; and catering and events services. Its Development segment engages in various development opportunities, such as residential development, office, restaurants, hotel, entertainment, and retail operations. The company is also involved in the provision of related services and activities, such as parking, advertising signage, publication sales, and other entertainment events and activities. Canterbury Park Holding Corporation was founded in 1994 and is based in Shakopee, Minnesota.Show more
  • Revenue$60M-3.2%
  • EBITDA$7M-35.2%
  • Net Income-$529K-125.1%
  • EPS (Diluted)-0.10-123.8%
  • Gross Margin28.67%-63.6%
  • EBITDA Margin10.94%-33.0%
  • Operating Margin4.23%-59.5%
  • Net Margin-0.89%-125.9%
  • ROE-0.63%-124.7%
  • ROIC2.65%-63.1%
  • Debt/Equity0.00-33.9%
Technical→

CPHC Key Insights

Canterbury Park Holding Corporation (CPHC) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y sales CAGR of 12.4%
  • ✓Healthy 5Y average net margin of 10.1%
  • ✓Trading at only 0.9x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

CPHC Price & Volume

Canterbury Park Holding Corporation (CPHC) stock price & volume — 10-year historical chart

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CPHC Growth Metrics

Canterbury Park Holding Corporation (CPHC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.32%
5 Years12.44%
3 Years-3.76%
TTM-3.24%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-125.06%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-125.1%

Return on Capital

10 Years11.63%
5 Years12.65%
3 Years7.42%
Last Year2.48%

CPHC Peer Comparison

Canterbury Park Holding Corporation (CPHC) competitors in Lotteries and Pari-Mutuel Gaming — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
CHDN logoCHDNChurchill Downs IncorporatedDirect Competitor6.43B92.2517.347.01%13.16%35.7%4.92
ISTR logoISTRInvestar Holding CorporationDirect Competitor277.9M28.3613.63-1.94%8.3%0.51
PENN logoPENNPENN Entertainment, Inc.Product Competitor2.24B16.75-2.875.82%-12.11%-34.66%4.58
BYD logoBYDBoyd Gaming CorporationProduct Competitor6.41B85.153.774.12%45.02%91.81%1.25
DKNG logoDKNGDraftKings Inc.Product Competitor11.86B23.92-2953.0926.99%0.06%0.46%3.06
RSI logoRSIRush Street Interactive, Inc.Product Competitor2.98B27.8619922.76%2.98%12.91%0.06
GDEN logoGDENGolden Entertainment, Inc.Product Competitor753.69M28.55-124.13-4.78%-0.95%-1.37%1.40
LNW logoLNWLight & Wonder, Inc.Supply Chain8.13B97.9726.629.86%12.39%55.19%6.16

Compare CPHC vs Peers

Canterbury Park Holding Corporation (CPHC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CHDN

Most directly comparable listed peer for CPHC.

Scale Benchmark

vs FLUT

Larger-name benchmark to compare CPHC against a more recognizable public peer.

Peer Set

Compare Top 5

vs CHDN, ISTR, PENN, BYD

CPHC Income Statement

Canterbury Park Holding Corporation (CPHC) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue56.95M59.14M59.23M33.14M60.4M66.82M61.44M61.56M59.57M
Revenue Growth %8.56%3.84%0.14%-44.05%82.25%10.64%-8.06%0.2%-3.24%
Cost of Goods Sold12.94M13.23M13.44M7.61M12.54M13.88M12.63M13.04M42.49M
COGS % of Revenue22.72%22.37%22.69%22.97%20.75%20.78%20.56%21.19%71.33%
Gross Profit
44.01M▲ 0%
45.91M▲ 4.3%
45.79M▼ 0.3%
25.53M▼ 44.2%
47.86M▲ 87.5%
52.94M▲ 10.6%
48.8M▼ 7.8%
48.52M▼ 0.6%
17.08M▼ 64.8%
Gross Margin %77.28%77.63%77.31%77.03%79.25%79.22%79.44%78.81%28.67%
Gross Profit Growth %9.74%4.31%-0.27%-44.24%87.49%10.61%-7.81%-0.58%-64.8%
Operating Expenses39.63M40.53M42.1M24.9M30.08M42.05M37.3M42.09M14.56M
OpEx % of Revenue69.58%68.54%71.08%75.14%49.81%62.92%60.72%68.36%24.44%
Selling, General & Admin30.16M31.31M32.66M19.64M20.99M32.23M33.54M33.15M34.03M
SG&A % of Revenue52.95%52.95%55.15%59.28%34.75%48.23%54.59%53.85%57.13%
Research & Development000000000
R&D % of Revenue---------
Other Operating Expenses9.47M9.22M9.44M5.26M9.09M9.82M3.76M8.93M-19.47M
Operating Income
4.52M▲ 0%
7.65M▲ 69.1%
3.64M▼ 52.5%
625.8K▼ 82.8%
17.78M▲ 2741.4%
10.89M▼ 38.7%
11.5M▲ 5.6%
6.43M▼ 44.1%
2.52M▼ 60.9%
Operating Margin %7.94%12.93%6.14%1.89%29.44%16.3%18.72%10.45%4.23%
Operating Income Growth %-36.69%69.14%-52.45%-82.79%2741.41%-38.74%5.58%-44.07%-60.86%
EBITDA7.05M10.21M6.32M3.37M20.63M13.87M14.65M10.05M6.52M
EBITDA Margin %12.38%17.26%10.66%10.18%34.15%20.76%23.84%16.33%10.94%
EBITDA Growth %-27.23%44.82%-38.15%-46.57%511.27%-32.74%5.57%-31.36%-35.19%
D&A (Non-Cash Add-back)2.53M2.56M2.68M2.75M2.84M2.98M3.15M3.62M4M
EBIT4.38M5.38M3.69M-1.73M17.52M11.04M5.17M4.75M2.52M
Net Interest Income49.62K61.52K326.77K663.57K719.37K909.96K1.98M2.07M1.97M
Interest Income49.62K61.52K326.77K663.57K719.37K909.96K1.98M2.07M1.97M
Interest Expense000000000
Other Income/Expense49.62K61.52K326.77K-814.63K-1.98M-657.86K3.48M-3.4M-3.33M
Pretax Income
4.57M▲ 0%
7.71M▲ 68.6%
3.96M▼ 48.6%
-188.83K▼ 104.8%
15.8M▲ 8466.0%
10.23M▼ 35.2%
14.98M▲ 46.4%
3.04M▼ 79.7%
-814.43K▼ 126.8%
Pretax Margin %8.03%13.03%6.69%-0.57%26.16%15.32%24.38%4.93%-1.37%
Income Tax480K1.99M1.24M-1.25M4M2.72M4.42M923.88K-285K
Effective Tax Rate %10.5%25.82%31.4%662.42%25.32%26.59%29.49%30.42%34.99%
Net Income
4.09M▲ 0%
5.72M▲ 39.8%
2.72M▼ 52.5%
1.06M▼ 60.9%
11.8M▲ 1010.9%
7.51M▼ 36.3%
10.56M▲ 40.6%
2.11M▼ 80.0%
-529.43K▼ 125.1%
Net Margin %7.18%9.67%4.59%3.2%19.53%11.24%17.19%3.43%-0.89%
Net Income Growth %-2.51%39.79%-52.46%-60.93%1010.92%-36.32%40.6%-80%-125.06%
Net Income (Continuing)4.09M5.72M2.72M1.06M11.8M7.51M10.56M2.11M-529.43K
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
0.93▲ 0%
1.26▲ 35.5%
0.59▼ 53.2%
0.23▼ 61.0%
2.44▲ 960.9%
1.54▼ 36.9%
2.13▲ 38.3%
0.42▼ 80.3%
-0.10▼ 123.8%
EPS Growth %-4.12%35.48%-53.17%-61.02%960.87%-36.89%38.31%-80.28%-123.81%
EPS (Basic)0.931.280.590.232.471.552.150.42-0.10
Diluted Shares Outstanding4.4M4.53M4.61M4.7M4.83M4.89M4.95M5.03M5.07M
Basic Shares Outstanding4.38M4.48M4.59M4.7M4.78M4.85M4.92M4.99M5.07M
Dividend Payout Ratio23.51%21.09%47.13%30.94%0.01%18.11%13.11%66.53%-

CPHC Balance Sheet

Canterbury Park Holding Corporation (CPHC) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets15.41M12.81M3.96M9.45M24.39M30.7M36.3M24.41M25.04M
Cash & Short-Term Investments9.09M5.1M459.29K011.87M17.99M26.94M15.08M20.82M
Cash Only8.89M4.9M355.4K011.87M12.99M21.94M10.08M15.82M
Short-Term Investments206K206.54K103.89K005M5M5M5M
Accounts Receivable2.33M1.72M302.04K231.25K7.97M8.77M4.57M3.63M2.77M
Days Sales Outstanding14.9110.631.862.5548.1447.9227.1421.516.97
Inventory262.99K297.21K390.12K218.79K248.39K262.07K249.37K250.66K269.42K
Days Inventory Outstanding7.428.210.5910.497.236.897.217.012.31
Other Current Assets3.14M5.06M2.31M8.5M3.73M3.12M3.91M3.61M0
Total Non-Current Assets39.13M48.62M61.45M59.35M58.67M61.58M68.37M85.51M88.36M
Property, Plant & Equipment36.96M38.13M34.72M33.55M34.38M36.49M42.5M51.07M0
Fixed Asset Turnover1.54x1.55x1.71x0.99x1.76x1.83x1.45x1.21x-
Goodwill000000000
Intangible Assets000000000
Long-Term Investments2.14M3M2.99M7.52M6.39M6.86M6.61M6.98M33.2M
Other Non-Current Assets22.5K7.49M23.74M18.29M17.89M18.22M19.27M27.46M55.16M
Total Assets
54.54M▲ 0%
61.43M▲ 12.6%
65.41M▲ 6.5%
68.8M▲ 5.2%
83.06M▲ 20.7%
92.28M▲ 11.1%
104.68M▲ 13.4%
109.92M▲ 5.0%
113.4M▲ 3.2%
Asset Turnover1.04x0.96x0.91x0.48x0.73x0.72x0.59x0.56x0.53x
Asset Growth %9.9%12.63%6.49%5.19%20.72%11.09%13.44%5.01%3.16%
Total Current Liabilities10.82M10.62M11.48M10.1M9.81M10.43M11.08M10.67M9.63M
Accounts Payable2.85M3.59M3.5M2.95M2.31M3.37M4.6M3.67M2.22M
Days Payables Outstanding80.598.9694.92141.6367.1688.56132.89102.5719.06
Short-Term Debt000000000
Deferred Revenue (Current)905.03K979.36K1.48M0733.29K413.44K274.9K311.24K541.24K
Other Current Liabilities4.76M3.77M0435.87K00002.05M
Current Ratio1.42x1.21x0.35x0.94x2.49x2.94x3.28x2.29x2.60x
Quick Ratio1.40x1.18x0.31x0.91x2.46x2.92x3.25x2.26x2.57x
Cash Conversion Cycle-58.17-80.13-82.47-128.6-11.78-33.75-98.55-74.060.23
Total Non-Current Liabilities3M4.07M4.52M7.42M8.9M10.66M11.8M15.16M19.89M
Long-Term Debt000000000
Capital Lease Obligations098.27K116.84K68.82K18.97K035.44K117.18K81.32K
Deferred Tax Liabilities3M3.97M4.4M07.67M7.47M10.3M9.85M11.29M
Other Non-Current Liabilities0007.35M1.21M3.19M1.46M5.2M8.52M
Total Liabilities13.82M14.69M16M17.51M18.71M21.09M22.88M25.83M29.52M
Total Debt0121.49K171.12K116.84K68.82K18.97K62.4K177.81K117.18K
Net Debt-8.89M-4.77M-184.28K116.84K-11.8M-12.97M-21.87M-9.9M-15.71M
Debt / Equity-0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x
Debt / EBITDA-0.01x0.03x0.03x0.00x0.00x0.00x0.02x0.02x
Net Debt / EBITDA-1.26x-0.47x-0.03x0.03x-0.57x-0.93x-1.49x-0.98x-2.41x
Interest Coverage---------
Total Equity
40.72M▲ 0%
46.73M▲ 14.8%
49.42M▲ 5.7%
51.29M▲ 3.8%
64.35M▲ 25.5%
71.19M▲ 10.6%
81.8M▲ 14.9%
84.09M▲ 2.8%
83.88M▼ 0.3%
Equity Growth %11.4%14.78%5.74%3.8%25.46%10.62%14.91%2.8%-0.25%
Book Value per Share9.2510.3110.7210.9213.3314.5516.5316.7116.54
Total Shareholders' Equity40.72M46.73M49.42M51.29M64.35M71.19M81.8M84.09M83.88M
Common Stock44.15K45.28K46.45K47.48K48.12K48.89K49.63K50.37K51.21K
Retained Earnings20.81M25.27M26.64M27.61M39.41M45.22M54.4M55.1M53.14M
Treasury Stock000000000
Accumulated OCI-29.67M-31.19M0000000
Minority Interest000000000

CPHC Cash Flow Statement

Canterbury Park Holding Corporation (CPHC) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations7.09M6.33M6.74M1.13M13.5M11.22M11.54M6.52M8.9M
Operating CF Margin %12.44%10.71%11.38%3.41%22.35%16.79%18.78%10.6%14.94%
Operating CF Growth %43.4%-10.63%6.39%-83.23%1094.41%-16.9%2.84%-43.45%36.42%
Net Income4.09M5.72M2.72M1.06M11.8M7.51M10.56M2.11M-529.43K
Depreciation & Amortization2.53M2.56M2.68M2.75M2.84M2.98M3.15M3.62M4M
Stock-Based Compensation839.13K870.73K923.61K840.26K1.11M1.07M1.38M01.6M
Deferred Taxes-1.35M968K434.3K2.94M323.31K-197K2.83M-454.01K625K
Other Non-Cash Items-138.35K-2.27M53.09K-875.91K2.44M1.71M-7.83M5.27M5.3M
Working Capital Changes1.12M-1.52M-71.18K-5.59M-5.01M-1.86M1.46M-4.02M-2.09M
Change in Receivables171.72K24.35K-60.29K-475.81K-7.09M-810.42K-2.57M-636.36K-559.96K
Change in Inventory1.24M-1.17M312.81K0-158.39K36.95K-17.4K0-151.49K
Change in Payables2.36K-133.8K-1.36M-886.06K-901.15K456.33K-1.47M-2.12M-1.62M
Cash from Investing-3.78M-6.63M-13.04M-211.36K-2.5M-9.27M-455.35K-17.39M-5.45M
Capital Expenditures-3.78M-5.5M-15.17M-1.54M-3.78M-5M-7.91M-11.98M-4.18M
CapEx % of Revenue6.64%9.3%25.61%4.64%6.26%7.48%12.87%19.47%7.02%
Acquisitions0000-372.99K-397.81K060.8K0
Investments---------
Other Investing-356-1.13M2.03M1.22M1.65M1.12M7.45M-5.46M-1.27M
Cash from Financing-714.65K-525.98K-977.82K-374.14K130.46K-1.44M-1.35M-1.29M-1.31M
Debt Issued (Net)0-5.89K-25.2K-24.5K-25.75K-27.06K-19.48K-30.27K-32.95K
Equity Issued (Net)246.97K686.02K383.5K156.45K183.86K164.82K230.59K251.58K212.79K
Dividends Paid-961.63K-1.21M-1.28M-328.59K-1.71K-1.36M-1.38M-1.41M-1.43M
Share Repurchases000000000
Other Financing00-54.93K-177.5K-25.95K-212.61K-171.75K-108.89K-63.73K
Net Change in Cash
2.59M▲ 0%
-821.55K▼ 131.7%
-7.28M▼ 785.7%
544.61K▲ 107.5%
11.13M▲ 1943.1%
507.25K▼ 95.4%
9.74M▲ 1819.3%
-12.15M▼ 224.8%
2.14M▲ 117.6%
Free Cash Flow
3.3M▲ 0%
831.45K▼ 74.8%
-8.43M▼ 1113.6%
-406.83K▲ 95.2%
9.72M▲ 2488.6%
6.22M▼ 36.0%
3.63M▼ 41.7%
-5.46M▼ 250.5%
4.72M▲ 186.4%
FCF Margin %5.8%1.41%-14.23%-1.23%16.09%9.31%5.91%-8.87%7.92%
FCF Growth %547.83%-74.84%-1113.64%95.17%2488.59%-35.99%-41.66%-250.47%186.4%
FCF per Share0.750.18-1.83-0.092.011.270.73-1.080.93
FCF Conversion (FCF/Net Income)1.73x1.11x2.48x1.06x1.14x1.49x1.09x3.09x-16.81x
Interest Paid012K42K40K3K2K1K011K
Taxes Paid1.14M1.36M740K80K897.52K3.71M3.62M01.49M

CPHC Key Ratios

Canterbury Park Holding Corporation (CPHC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)12.05%10.59%13.08%5.65%2.11%20.4%11.09%13.81%2.55%-0.63%
Return on Invested Capital (ROIC)18.39%10.92%15.54%5.98%0.93%25.66%14.75%14.6%7.2%2.65%
Gross Margin76.45%77.28%77.63%77.31%77.03%79.25%79.22%79.44%78.81%28.67%
Net Margin8%7.18%9.67%4.59%3.2%19.53%11.24%17.19%3.43%-0.89%
Debt / Equity--0.00x0.00x0.00x0.00x0.00x0.00x0.00x0.00x
Interest Coverage140.45x---------
FCF Conversion1.18x1.73x1.11x2.48x1.06x1.14x1.49x1.09x3.09x-16.81x
Revenue Growth0.38%8.56%3.84%0.14%-44.05%82.25%10.64%-8.06%0.2%-3.24%

CPHC SEC Filings & Documents

Canterbury Park Holding Corporation (CPHC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 26, 2026·SEC

Material company update

Jun 10, 2025·SEC

Material company update

Jun 5, 2025·SEC

10-K Annual Reports

6
FY 2026

Mar 10, 2026·SEC

FY 2025

Mar 11, 2025·SEC

FY 2024

Mar 12, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 9, 2025·SEC

CPHC Frequently Asked Questions

Canterbury Park Holding Corporation (CPHC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Canterbury Park Holding Corporation (CPHC) reported $59.6M in revenue for fiscal year 2025. This represents a 242% increase from $17.4M in 1996.

Canterbury Park Holding Corporation (CPHC) saw revenue decline by 3.2% over the past year.

Canterbury Park Holding Corporation (CPHC) reported a net loss of $0.5M for fiscal year 2025.

Dividend & Returns

Yes, Canterbury Park Holding Corporation (CPHC) pays a dividend with a yield of 1.80%. This makes it attractive for income-focused investors.

Canterbury Park Holding Corporation (CPHC) has a return on equity (ROE) of -0.6%. Negative ROE indicates the company is unprofitable.

Canterbury Park Holding Corporation (CPHC) generated $4.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More CPHC

Canterbury Park Holding Corporation (CPHC) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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