Churchill Downs
CHDN
$129.44
Share price
0.16%
Change (1 day)
-48.60%
Change (1 year)
Categories
Operating Margin for Churchill Downs (CHDN)
Operating Margin as of April 2024 (TTM): 21.83%
According to Churchill Downs's latest financial reports and stock price the company's current Operating Margin is 21.83%. At the end of 2022 the company had an Operating Margin of 41.78%.
Operating Margin history for Churchill Downs from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 41.78% | 55.8% |
| 2021 | 26.82% | 221.18% |
| 2020 | 8.35% | -58.47% |
| 2019 | 20.10% | -25.97% |
| 2018 | 27.16% | 57.89% |
| 2017 | 17.20% | 6.26% |
| 2016 | 16.19% | 39.47% |
| 2015 | 11.60% | -3.1% |
| 2014 | 11.98% | 1.74% |
| 2013 | 11.77% | -10.16% |
| 2012 | 13.10% | -12.21% |
| 2011 | 14.93% | 156.37% |
| 2010 | 5.82% | -29.23% |
| 2009 | 8.23% | -32.89% |
| 2008 | 12.26% | 49.69% |
| 2007 | 8.19% | -37.79% |
| 2006 | 13.16% | 157.63% |
| 2005 | 5.11% | -22.9% |
| 2004 | 6.63% | -36.51% |
| 2003 | 10.44% | 0.7% |
| 2002 | 10.36% | -10.29% |
| 2001 | 11.55% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Scientific Games SGMS | 14.23% | -34.81% | 🇺🇸 USA |
 Penn National Gaming
PENN | 2.73% | -87.49% | 🇺🇸 USA |
 Dover Motorsports DVD | 14.80% | -32.19% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.