Churchill Downs (CHDN) Research & Development (2015 - 2017)

Churchill Downs' (CHDN) 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 (CHDN) Research & Development (2015 - 2017) Analysis & Trends

Churchill Downs' Research & Development history runs 3 years deep, the most recent figure standing at $9.7 million for Q3 2017.

  • On a quarterly basis, Research & Development rose 10.23% year-over-year to $9.7 million in Q3 2017; TTM through Sep 2017 was $39.6 million, a 2.33% increase from a year earlier, with the FY2016 full-year figure at $39.0 million, down 1.02% from the prior year.
  • Research & Development declined to $9.7 million in Q3 2017 per CHDN's latest filing, from $9.9 million in the prior quarter.
  • Across five years, Research & Development topped out at $10.8 million in Q1 2016 and bottomed at $8.8 million in Q3 2016.
  • The 3-year median for Research & Development is $9.9 million (2015), against an average of $9.8 million.
  • Across the five-year window, Research & Development declined 11.11% in 2016 and gained 10.23% in 2017, its largest moves.
  • Year by year, Research & Development stood at $9.4 million in 2015, then rose by 3.19% to $9.7 million in 2016, then changed by 0.0% to $9.7 million in 2017.
  • Per Business Quant, the three latest CHDN Research & Development figures stand at $9.7 million (Q3 2017), $9.9 million (Q2 2017), and $10.3 million (Q1 2017).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Codere Online Luxembourg 425.84 Bn 425.77 Bn - -
2 Flutter Entertainment 19.13 Bn 17.62 Bn 1.84 Bn 966.00 Mn
3 DraftKings 12.12 Bn 11.11 Bn 696.69 Mn 123.18 Mn
4 Super Group (SGHC) 7.57 Bn 7.15 Bn - -422.00 Mn
5 Churchill Downs 6.27 Bn 6.17 Bn 464.00 Mn -
6 Rush Street Interactive 3.15 Bn 2.82 Bn 132.17 Mn -
7 Brightstar Lottery 1.94 Bn 670.63 Mn 297.00 Mn 14.00 Mn
8 Accel Entertainment 1.02 Bn 746.37 Mn 350.92 Mn -
9 Inspired Entertainment 207.07 Mn 163.57 Mn 54.60 Mn -
10 Gambling.com 58.26 Mn 42.45 Mn 39.34 Mn -17.01 Mn

Historic Data

Download Data
DateValue
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