Churchill DownsXTER:CHR -0.66%62 ROA % is 4.46% as of Mar. 2026, which is 28% below its 10-year median of 6.22. 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 858 Travel & Leisure companies, Churchill Downs ranks better than 70.16% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Churchill Downs's annualizedNet Income for the quarter that ended in Mar. 2026 was €287 Mil.
Churchill Downs's average Total Assets over the quarter that ended in Mar. 2026 was €6,433 Mil. Therefore, Churchill Downs's annualized ROA % for the quarter that ended in Mar. 2026 was 4.46%.
The historical rank and industry rank for Churchill Downs's ROA % or its related term are showing as below:
XTER:CHR'
s ROA % Range Over the Past 10 Years
Min: -3.13 Med: 6.22 Max: 17.27
Current: 5.24
During the past 13 years, Churchill Downs's highest ROA % was 17.27%. The lowest was -3.13%. And the median was 6.22%.
XTER:CHR's ROA % is ranked better than 70.16% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.345
vs XTER:CHR: 5.24
Churchill Downs (XTER:CHR) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Churchill Downs ROA % Related Terms
Churchill Downs ROA % Historical Data
* Premium members only.
The historical data trend for Churchill Downs's ROA % 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.
For the Gambling subindustry, Churchill Downs's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's ROA % distribution charts can be found below:
* The bar in red indicates where Churchill Downs's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Churchill Downs (XTER:CHR) has a ROA % of 4.46% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Churchill Downs and its competitors. This is 28% below median its historical median of 6.22. According to the industry distribution chart, Churchill Downs ranks #256 out of 858 companies in the Travel & Leisure industry, placing it in the top 29.8%.
Is Churchill Downs' ROA % too high?
Churchill Downs' current ROA % of 4.46% is 28% below median its 10-year median of 6.22. The Travel & Leisure industry median ROA % is 2.35. Churchill Downs' value of 4.46% is 90.2% above this industry median. Based on the distribution chart, Churchill Downs ranks #256 out of 858 companies in the Travel & Leisure industry, which is above the industry midpoint. 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' ROA % compare to ?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #256 out of 858 companies for ROA %. This puts Churchill Downs in the upper half of its industry. The industry median ROA % is 2.35. Churchill Downs' value of 4.46% is 90.2% above this benchmark. While the company's 10-year median is 6.22 vs. the industry median of 2.35, 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 ROA % for a Travel & Leisure company?
The median ROA % among Travel & Leisure companies is 2.35, based on 858 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current ROA % of 4.46% is 90.2% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Churchill Downs and its competitors. For the Travel & Leisure industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current ROA % is 4.46%, which is 28% below median its own 10-year median of 6.22. 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 ROA % is 4.46%, which is 28% below median its 10-year median of 6.22 and 90.2% above the Travel & Leisure industry median of 2.35. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Churchill Downs (XTER:CHR), the current ROA % is 4.46% 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:
ROA %: 4.46% (28% below median its 10-year median of 6.22)
GF Value™: €137.17 vs. price of €75.50 (45% below fair value)
Industry Position: 90.2% above the Travel & Leisure median (#256 of 858)
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 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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