Churchill Downs Inc
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 21.0% | 13.1% |
| FY2017 | — | 16.5% | 15.9% |
| FY2018 | — | 18.7% | 35.0% |
| FY2019 | — | 16.2% | 10.3% |
| FY2020 | — | 5.7% | -7.8% |
| FY2021 | — | 17.8% | 15.6% |
| FY2022 | — | 17.8% | 24.3% |
| FY2023 | — | 22.9% | 17.0% |
| FY2024 | — | 25.9% | 15.6% |
| FY2025 | — | 23.4% | 13.1% |