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Churchill Downs (FRA:CHR) Gross Profit : €875 Mil (TTM As of Mar. 2025)


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What is Churchill Downs Gross Profit?

Churchill Downs's gross profit for the three months ended in Mar. 2025 was €175 Mil. Churchill Downs's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was €875 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Churchill Downs's gross profit for the three months ended in Mar. 2025 was €175 Mil. Churchill Downs's Revenue for the three months ended in Mar. 2025 was €594 Mil. Therefore, Churchill Downs's Gross Margin % for the quarter that ended in Mar. 2025 was 29.49%.

Churchill Downs had a gross margin of 29.49% for the quarter that ended in Mar. 2025 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Churchill Downs was 34.32%. The lowest was 18.36%. And the median was 28.31%.


Churchill Downs Gross Profit Historical Data

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.

* Premium members only.

Churchill Downs Gross Profit Chart

Churchill Downs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.06 394.80 534.68 729.66 896.27

Churchill Downs Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 170.38 360.45 167.23 171.61 175.29

Competitive Comparison of Churchill Downs's Gross Profit

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's Gross Profit Distribution in the 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.


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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. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=2611.257 - 1714.989
=896

Churchill Downs's Gross Profit for the quarter that ended in Mar. 2025 is calculated as

Gross Profit (Q: Mar. 2025 )=Revenue - Cost of Goods Sold
=594.405 - 419.118
=175

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €875 Mil.

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

Churchill Downs's Gross Margin % for the quarter that ended in Mar. 2025 is calculated as

Gross Margin % (Q: Mar. 2025 )=Gross Profit (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=(Revenue - Cost of Goods Sold) / Revenue
=175 / 594.405
=29.49 %

* 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.


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 29.49% for the quarter that ended in Mar. 2025 => Competition eroding margins


Churchill Downs Gross Profit Related Terms

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Churchill Downs Business Description

Traded in Other Exchanges
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.