Growth Metrics

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 🔒
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