Churchill Downs (XTER:CHR) OCF Margin %: 44.49% (As of Mar. 2026) — 82% Above Median


XTER:CHR Churchill Downs Inc XTER:CHR
62 GF Score
Price €75.50
GF Value €137.17
Valuation Possible Value Trap
! 4 Warning Signs
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What is Churchill Downs OCF Margin %?

Churchill Downs XTER:CHR -0.66% 62 OCF Margin % is 44.49% as of Mar. 2026, which is 82% above its 10-year median of 24.49. GuruFocus rates XTER:CHR with a GF Score™ of 62/100 and a GF Value™ of €137.17 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 843 Travel & Leisure companies, Churchill Downs ranks better than 77.34% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Churchill Downs's Cash Flow from Operations for the three months ended in Mar. 2026 was €255 Mil. Churchill Downs's Revenue for the three months ended in Mar. 2026 was €573 Mil. Therefore, Churchill Downs's OCF Margin % for the quarter that ended in Mar. 2026 was 44.49%.

As of today, Churchill Downs's current OCF Yield % is 13.59%.

The historical rank and industry rank for Churchill Downs's OCF Margin % or its related term are showing as below:

XTER:CHR' s OCF Margin % Range Over the Past 10 Years
Min: 13.46   Med: 24.49   Max: 29.66
Current: 27.79


During the past 13 years, the highest OCF Margin % of Churchill Downs was 29.66%. The lowest was 13.46%. And the median was 24.49%.

XTER:CHR's OCF Margin % is ranked better than
77.34% of 843 companies
in the Travel & Leisure industry
Industry Median: 14.09 vs XTER:CHR: 27.79


Churchill Downs OCF Margin % Related Terms


Churchill Downs OCF Margin % Historical Data

* Premium members only.

The historical data trend for Churchill Downs's OCF Margin % 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 OCF Margin % Chart

Churchill Downs Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.01 29.66 24.61 28.26 26.31

Churchill Downs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 38.41 25.59 27.48 14.42 44.49

XTER:CHR vs : OCF Margin % Comparison

For the Gambling subindustry, Churchill Downs's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Travel & Leisure Industry

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

* The bar in red indicates where Churchill Downs's OCF Margin % falls into.


XTER:CHR
62GF Score
Churchill Downs Inc XTER:CHR
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Churchill Downs OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=657.409/2498.719
=26.31 %

Churchill Downs's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=255.175/573.495
=44.49 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 44.49% mean?
Churchill Downs (XTER:CHR) has a OCF Margin % of 44.49% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Churchill Downs and its competitors. This is 82% above median its historical median of 24.49. Over the past decade, Churchill Downs' OCF Margin % has ranged from 13.46 to 29.66. According to the industry distribution chart, Churchill Downs ranks #191 out of 843 companies in the Travel & Leisure industry, placing it in the top 22.7%.
Is Churchill Downs' OCF Margin % too high?
Churchill Downs' current OCF Margin % of 44.49% is 82% above median its 10-year median of 24.49. Over the past 10 years, this metric has ranged from a low of 13.46 to a high of 29.66. The Travel & Leisure industry median OCF Margin % is 14.09. Churchill Downs' value of 44.49% is 215.8% above this industry median. Based on the distribution chart, Churchill Downs ranks #191 out of 843 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Churchill Downs has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' OCF Margin % compare to ?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #191 out of 843 companies for OCF Margin %. This places Churchill Downs in the top 23% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 14.09. Churchill Downs' value of 44.49% is 215.8% above this benchmark. Historically, Churchill Downs' own OCF Margin % has ranged from 13.46 to 29.66 over the past decade. While the company's 10-year median is 24.49 vs. the industry median of 14.09, Churchill Downs has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Travel & Leisure company?
The median OCF Margin % among Travel & Leisure companies is 14.09, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current OCF Margin % of 44.49% is 215.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Churchill Downs and its competitors. For the Travel & Leisure industry, the median OCF Margin % is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current OCF Margin % is 44.49%, which is 82% above median its own 10-year median of 24.49. 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?
Based on GuruFocus' analysis, Churchill Downs (XTER:CHR) is currently considered Possible Value Trap. The stock's GF Value™ is €137.17, compared to a current price of €75.50 — trading 45% below its estimated fair value. The current OCF Margin % is 44.49%, which is 82% above median its 10-year median of 24.49 and 215.8% above the Travel & Leisure industry median of 14.09. Churchill Downs' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Churchill Downs (XTER:CHR), the current OCF Margin % is 44.49% as of Mar. 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 (XTER:CHR) Overvalued in 2026?

Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued. The current stock price of €75.50 is trading 45% below its estimated GF Value™ of €137.17. GuruFocus considers Churchill Downs to be Possible Value Trap.

Key valuation signals for XTER:CHR:

  • OCF Margin %: 44.49% (82% above median its 10-year median of 24.49)
  • GF Value™: €137.17 vs. price of €75.50 (45% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 215.8% above the Travel & Leisure median (#191 of 843)

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


Churchill Downs Business Description

Comparable Companies
Other Exchanges CHDN:USAC2HD34:Brazil
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.
62GF Score

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

€75.50
Price
€137.17
GF Value