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
DateValue
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