Churchill Downs (CHDN) Research & Development (2015 - 2017)
Churchill Downs' quarterly Research & Development came in at $9.7 million in Q3 2017, up 10.23% year-on-year from $8.8 million in Q3 2016, and down 2.02% quarter-over-quarter from $9.9 million in Q2 2017.
Churchill Downs has reported Research & Development for 3 years, with the latest figure at $9.7 million in Q3 2017.
- For the quarter ending Q3 2017, Research & Development rose 10.23% year-over-year to $9.7 million; the trailing twelve-month figure through Sep 2017 stood at $39.6 million (up 2.33% YoY), and the FY2016 full-year result was $39.0 million, down 1.02% from the prior year.
- Research & Development for Q3 2017 stood at $9.7 million, down from $9.9 million in the prior quarter.
- The five-year high for Research & Development was $10.8 million in Q1 2016, with the low at $8.8 million in Q3 2016.
- Average Research & Development over 3 years is $9.8 million, with a median of $9.9 million recorded in 2015.
- Year-over-year, Research & Development declined 11.11% in 2016 and gained 10.23% in 2017.
- Tracing CHDN's Research & Development over 3 years: stood at $9.4 million in 2015, then gained by 3.19% to $9.7 million in 2016, then changed by 0.0% to $9.7 million in 2017.
- The last three Research & Development figures came in at $9.7 million (Q3 2017), $9.9 million (Q2 2017), and $10.3 million (Q1 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 259.00 Mn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 123.18 Mn |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | - |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | - |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | - |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | -575,037.50 |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | - |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2017 | 9.70 Mn |
| Jun 30, 2017 | 9.90 Mn |
| Mar 31, 2017 | 10.30 Mn |
| Dec 31, 2016 | 9.70 Mn |
| Sep 30, 2016 | 8.80 Mn |
| Jun 30, 2016 | 9.70 Mn |
| Mar 31, 2016 | 10.80 Mn |
| Dec 31, 2015 | 9.40 Mn |
| Sep 30, 2015 | 9.90 Mn |
| Jun 30, 2015 | 9.90 Mn |
| Mar 31, 2015 | 10.20 Mn |