Churchill Downs (CHDN) Research & Development (2015 - 2017)
Churchill Downs (CHDN) posted quarterly Research & Development of $9.7 million for Q3 2017, up 10.23% year-over-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.
- In Q3 2017, Research & Development rose 10.23% year-over-year to $9.7 million; the TTM figure through Sep 2017 stood at $39.6 million (up 2.33% YoY), while the FY2016 annual figure 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.
- The 3-year median for Research & Development is $9.9 million (2015), against an average of $9.8 million.
- The sharpest annual moves came in 2016 and 2017: Research & Development decreased 11.11% in 2016, then grew 10.23% in 2017.
- Churchill Downs' Research & Development stood at $9.4 million in 2015, then increased by 3.19% to $9.7 million in 2016, then changed by 0.0% to $9.7 million in 2017.
- Business Quant data shows CHDN's Research & Development at $9.7 million in Q3 2017, $9.9 million in Q2 2017, and $10.3 million in Q1 2017.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.95 Bn | 16.39 Bn | 1.71 Bn | 1.01 Bn |
| 2 | DraftKings | 12.99 Bn | 12.00 Bn | 551.45 Mn | 322.54 Mn |
| 3 | Super Group (SGHC) | 6.71 Bn | 6.29 Bn | - | -422.00 Mn |
| 4 | Churchill Downs | 6.57 Bn | 6.37 Bn | 712.00 Mn | - |
| 5 | Rush Street Interactive | 2.84 Bn | 2.50 Bn | 139.66 Mn | - |
| 6 | Brightstar Lottery | 2.25 Bn | 980.32 Mn | 297.00 Mn | 14.00 Mn |
| 7 | Accel Entertainment | 987.75 Mn | 732.30 Mn | 115.51 Mn | - |
| 8 | Codere Online Luxembourg | 415.46 Mn | 346.04 Mn | - | - |
| 9 | Inspired Entertainment | 175.48 Mn | 151.08 Mn | 52.10 Mn | - |
| 10 | Grandstand | 70.65 Mn | 61.84 Mn | 31.83 Mn | -16.14 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 |