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Churchill Downs (BSP:C2HD34) Pretax Margin % : 14.92% (As of Mar. 2025)


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What is Churchill Downs Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Churchill Downs's Pre-Tax Income for the three months ended in Mar. 2025 was R$552 Mil. Churchill Downs's Revenue for the three months ended in Mar. 2025 was R$3,700 Mil. Therefore, Churchill Downs's pretax margin for the quarter that ended in Mar. 2025 was 14.92%.

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

BSP:C2HD34' s Pretax Margin % Range Over the Past 10 Years
Min: 0.76   Med: 19.44   Max: 33.64
Current: 20.36


BSP:C2HD34's Pretax Margin % is ranked better than
81.49% of 821 companies
in the Travel & Leisure industry
Industry Median: 5.86 vs BSP:C2HD34: 20.36

Churchill Downs Pretax Margin % Historical Data

The historical data trend for Churchill Downs's Pretax 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.

* Premium members only.

Churchill Downs Pretax Margin % Chart

Churchill Downs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 21.51 33.64 22.82 20.96

Churchill Downs Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Pretax 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 17.23 33.04 13.70 14.58 14.92

Competitive Comparison of Churchill Downs's Pretax Margin %

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

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

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


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Churchill Downs Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Churchill Downs's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=3497.093/16681.964
=20.96 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=552.202/3700.155
=14.92 %

* 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  (BSP:C2HD34) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Churchill Downs Pretax Margin % 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.

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