Churchill Downs Inc
NASDAQ:CHDN
Net Margin
Churchill Downs Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Churchill Downs Inc
NASDAQ:CHDN
|
7.1B USD |
15%
|
|
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
35.4B GBP |
4%
|
|
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
29.7B USD |
12%
|
|
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
42B AUD |
25%
|
|
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
20B USD |
-8%
|
|
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
140.2B HKD |
20%
|
|
| MO |
|
Sands China Ltd
HKEX:1928
|
121.6B HKD |
15%
|
|
| SE |
|
Evolution AB (publ)
STO:EVO
|
142.8B SEK |
55%
|
|
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
10.5B Zac |
15%
|
|
| US |
|
MGM Resorts International
NYSE:MGM
|
9.4B USD |
4%
|
|
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
|
9.3B USD |
6%
|
Churchill Downs Inc
Glance View
Churchill Downs Incorporated, founded in 1875 and famously home to the Kentucky Derby, has cultivated its brand into an iconic player in the horse racing industry. Nestled in the heart of Louisville, Kentucky, the company's centerpiece is the Churchill Downs Racetrack, where the annual "Run for the Roses" captivates millions. However, Churchill Downs Inc. has transitioned well beyond just hosting horse races; it leverages its historic reputation to draw in spectators and bettors, both at the track and across its burgeoning digital platforms. These events not only rake in substantial revenue from admission fees, broadcasting rights, and concessions but also create a robust ecosystem for gambling, which is a significant revenue pillar. Over the years, the company has strategically diversified its portfolio, crafting a multifaceted business model. Alongside its physical racetracks, Churchill Downs Inc. has expanded into the realm of online wagering, notably with its TwinSpires platform, allowing users to place bets from the comfort of their homes on a variety of sports and racing events. Furthermore, its acquisition strategy has been keenly focused on regional casinos and gaming properties, with a growing presence across states in the U.S., underscoring a deliberate move to capture a larger share of the gaming market. This blend of tradition and innovation has enabled Churchill Downs Inc. to remain a heavyweight in the horse racing industry while tapping into broader gambling trends that continue to evolve.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Churchill Downs Inc's most recent financial statements, the company has Net Margin of 15.1%.
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