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Net margin at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
2.4%-0.7pp
PENN Entertainment, Inc. logo
PENN Entertainment, Inc.PENN
-12.7%-14.0pp
Caesars Entertainment, Inc. logo
Caesars Entertainment, Inc.CZR
-4%-23.5pp
DraftKings Inc. logo
DraftKings Inc.DKNG
-2.7%-0.9pp
Boyd Gaming logo
Boyd GamingBYD
44.3%+30.3pp
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
8.4%-0.5pp

Other financials

Income statement

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Revenue$980.0M+4.9%
Operating income$357.0M+8.9%
Net income$241.0M+11.1%
EPS (diluted)$3.42+14.4%

Balance sheet

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Cash & equivalents$295.0M+3.3%
Total debt$2.3B+18.9%
Total equity$1.3B+28.7%
Total assets$7.5B+2.0%

Cash flow

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Operating cash flow$217.0M-9.8%
CapEx$19.0M+0.5%
Free cash flow$198.0M-10.6%

Valuation

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Market cap$6.06B-15.6%
Enterprise value$8.05B-8.7%
P/E14.7×-2.0×
P/S-0.5×

Profitability

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Operating margin24.1%-1.2pp
FCF margin24%-1.0pp

Returns & leverage

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Return on equity34.7%-6.9pp
Debt / equity1.7×-0.1×
Current ratio0.4×-0.2×

Where this comes from

Calculated from Churchill Downs’s reported figures.

Based on trailing twelve months.

The source filing: Churchill Downs’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000020212-26-000059

FAQ

What is Churchill Downs's net margin?
Churchill Downs (CHDN) reported net margin of 13.8% in Q2 2026.
How has Churchill Downs's net margin changed year-over-year?
Churchill Downs's net margin decreased by 9.2% year-over-year, from 15.2% to 13.8%.
What is the long-term trend for Churchill Downs's net margin?
Over 4 years (2021 to 2025), Churchill Downs's net margin has grown at a -4.3% compound annual growth rate (CAGR), from 15.6% to 13.1%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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