Churchill Downs (CHDN) Divestments (2015 - 2019)
Churchill Downs (CHDN) recorded quarterly Divestments of -$5.8 million in Q4 2019, down 152.17% quarter-over-quarter from -$2.3 million in Q3 2019.
Churchill Downs (CHDN) Divestments (2015 - 2019) Analysis & Trends
Churchill Downs' Divestments history runs 4 years deep, the most recent figure standing at -$5.8 million for Q4 2019.
- In Q4 2019, Divestments changed N/A year-over-year to -$5.8 million; the TTM figure through Dec 2020 stood at -$8.1 million (changed N/A YoY), while the FY2018 annual figure was $970.7 million, changed N/A from the prior year.
- Divestments was -$5.8 million for Q4 2019 at Churchill Downs, down from -$2.3 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $970.7 million in Q1 2018 to a low of -$6.0 million in Q4 2015.
- Historically, Divestments has averaged $107.9 million across 4 years, with a median of $400000.0 in 2016.
- Biggest YoY gain for Divestments was 70.0% in 2016; the steepest drop was 76.67% in 2016.
- A 4-year view of Divestments shows it stood at -$6.0 million in 2015, then soared by 70.0% to -$1.8 million in 2016, then surged by 54027.78% to $970.7 million in 2018, then tumbled by 100.6% to -$5.8 million in 2019.
- The last three Divestments figures came in at -$5.8 million (Q4 2019), -$2.3 million (Q3 2019), and $8.1 million (Q2 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | - |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | - |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | - |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | - |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 24.00 Mn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | - |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -5,796.94 |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | - |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -5.80 Mn |
| Sep 30, 2019 | -2.30 Mn |
| Jun 30, 2019 | 8.10 Mn |
| Mar 31, 2018 | 970.70 Mn |
| Dec 31, 2016 | -1.80 Mn |
| Sep 30, 2016 | 400,000.00 |
| Mar 31, 2016 | 1.40 Mn |
| Dec 31, 2015 | -6.00 Mn |
| Mar 31, 2015 | 6.00 Mn |