Churchill Downs (FRA:CHR) Gross Profit: €881 Mil (TTM As of Jun. 2026)

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FRA:CHR Churchill Downs Inc FRA:CHR
76 GF Score
Price €73.50
GF Value €121.92
! 4 Warning Signs
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What is Churchill Downs Gross Profit?

Churchill Downs FRA:CHR 76 Gross Profit is €881 Mil as of Jun. 2026. GuruFocus rates FRA:CHR with a GF Score™ of 76/100 and a GF Value™ of €121.92. The stock has 4 warning signs investors should review.

Churchill Downs's gross profit for the three months ended in Jun. 2026 was €364 Mil. Churchill Downs's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was €881 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Churchill Downs's gross profit for the three months ended in Jun. 2026 was €364 Mil. Churchill Downs's Revenue for the three months ended in Jun. 2026 was €851 Mil. Therefore, Churchill Downs's Gross Margin % for the quarter that ended in Jun. 2026 was 42.76%.

Churchill Downs had a gross margin of 42.76% for the quarter that ended in Jun. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Churchill Downs was 34.32%. The lowest was 18.36%. And the median was 28.70%.


Churchill Downs  (FRA:CHR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Churchill Downs had a gross margin of 42.76% for the quarter that ended in Jun. 2026 => Durable competitive advantage


Churchill Downs Gross Profit Related Terms


Churchill Downs Gross Profit Historical Data

* Premium members only.

The historical data trend for Churchill Downs's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Churchill Downs Gross Profit Chart

Churchill Downs Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 394.80 534.68 729.66 896.27 839.14

Churchill Downs Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 339.86 174.06 167.98 175.60 363.69

FRA:CHR vs LNWO, SGHC, RSI: Gross Profit Comparison

For the Gambling subindustry, Churchill Downs's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Churchill Downs Gross Profit vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's Gross Profit distribution charts can be found below:

* The bar in red indicates where Churchill Downs's Gross Profit falls into.


FRA:CHR
76GF Score
Churchill Downs Inc FRA:CHR
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Churchill Downs Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Churchill Downs's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=2498.719 - 1659.579
=839

Churchill Downs's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=850.64 - 486.948
=364

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €881 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Churchill Downs's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=364 / 850.64
=42.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of €881 Mil mean?
Churchill Downs (FRA:CHR) has a Gross Profit of €881 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Churchill Downs and its competitors.
Is Churchill Downs' Gross Profit too high?
Churchill Downs' current Gross Profit is €881 Mil. Overall, Churchill Downs has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' Gross Profit compare to LNWO and SGHC?
Churchill Downs' Gross Profit of €881 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Travel & Leisure company?
A good Gross Profit depends on the Travel & Leisure industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Churchill Downs and its competitors. Churchill Downs's current Gross Profit is €881 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill Downs stock overvalued right now?
Churchill Downs (FRA:CHR) has a current Gross Profit of €881 Mil. The stock's GF Value™ is €121.92, compared to a current price of €73.50 — trading 39.7% below its estimated fair value. The current Gross Profit is €881 Mil. Churchill Downs' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Churchill Downs (FRA:CHR), the current Gross Profit is €881 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Churchill Downs (FRA:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued. The current stock price of €73.50 is trading 39.7% below its estimated GF Value™ of €121.92.

Key valuation signals for FRA:CHR:

  • Gross Profit: €881 Mil
  • GF Value™: €121.92 vs. price of €73.50 (39.7% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the FRA:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Churchill Downs Business Description

Address 600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
76GF Score

Get the complete analysis for FRA:CHR

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€73.50
Price
€121.92
GF Value