Churchill Downs Inc
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $890.7M | $590.9M | $561.2M | $572.5M | $768.5M | $559.5M | $480.1M | $383.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $57.4M | $54.8M | $51.7M | $50.2M | $48.1M | $52.3M | $51.5M | $38.4M |
| Operating Income | $330.0M | $126.3M | $106.2M | $112.3M | $225.6M | $119.9M | $11.7M | $63.0M |
| Operating Margin | 37.0% | 21.4% | 18.9% | 19.6% | 29.4% | 21.4% | 2.4% | 16.4% |
| Interest Expense | — | $70.4M | $70.6M | $67.9M | $65.2M | $64.7M | $54.7M | $36.2M |
| Pretax Income | $294.3M | $101.8M | $71.9M | $81.8M | $199.2M | $208.9M | $-3.1M | $73.4M |
| Income Tax Expense | $84.1M | $21.4M | $14.3M | $20.8M | $56.2M | $53.2M | $-4.1M | $16.4M |
| Net Income | $209.3M | $80.4M | $57.6M | $61.0M | $143.0M | $155.7M | $1.0M | $57.0M |
| Net Margin | 23.5% | 13.6% | 10.3% | 10.7% | 18.6% | 27.8% | 0.2% | 14.9% |
| EPS (Basic) | $2.82 | $1.09 | $0.77 | $0.81 | $1.90 | $2.07 | $-4.97 | $0.75 |
| EPS (Diluted) | $2.79 | $1.08 | $0.79 | $0.79 | $1.86 | $2.05 | $-4.90 | $0.74 |
| Shares Outstanding (Basic) | 73.9M | 74.1M | 75.2M | 75.2M | 75.3M | 75.3M | 75.9M | 75.6M |
| Shares Outstanding (Diluted) | 74.6M | 74.7M | 76.1M | 77.1M | 76.9M | 76.1M | 77.0M | 76.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |