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| 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 |