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Churchill Downs (BSP:C2HD34) Tax Rate % : 23.11% (As of Sep. 2024)


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What is Churchill Downs Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Churchill Downs's Tax Expense for the three months ended in Sep. 2024 was R$110 Mil. Churchill Downs's Pre-Tax Income for the three months ended in Sep. 2024 was R$477 Mil. Therefore, Churchill Downs's Tax Rate % for the quarter that ended in Sep. 2024 was 23.11%.

Churchill Downs Tax Rate % Historical Data

The historical data trend for Churchill Downs's Tax Rate % 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 Tax Rate % Chart

Churchill Downs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.92 -66.25 27.50 27.83 25.72

Churchill Downs Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % 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 25.43 19.89 21.02 28.58 23.11

Churchill Downs Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Churchill Downs's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=708.021/2752.708
=25.72 %

Churchill Downs's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=110.202/476.805
=23.11 %

* 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 Tax Rate % Related Terms

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Churchill Downs Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Churchill Downs Inc (BSP:C2HD34) » Definitions » Tax Rate %
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Traded in Other Exchanges
CHDN:USA
Address
600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Website
https://www.churchilldownsincorporated.com
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The 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, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.

Churchill Downs Headlines

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