Churchill Downs (CHDN) vs DraftKings (DKNG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Churchill Downs (CHDN) has outperformed DraftKings (DKNG) over the past year, losing 19.2% versus a loss of 41.9%. Over five years, CHDN leads with a -41.8% price change compared with -60.2% for DKNG. DraftKings is the larger company by market cap ($9.51 billion vs $5.15 billion), about 1.8 times the size.
On valuation, Churchill Downs trades at a lower forward P/E (10.0x vs 11.4x for DraftKings). Churchill Downs pays a dividend yielding 0.59%, while DraftKings does not currently pay one. Churchill Downs converts more of its revenue into profit, with a net margin of 13.1% versus 0.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CHDN | DKNG |
|---|---|---|
| Share price | $73.95 | $19.15 |
| Market cap | $5.15B | $9.51B |
| 1-day change | -5.45% | -3.04% |
| YTD return | -35.01% | -44.43% |
| 1-year return | -19.19% | -41.88% |
| 5-year return | -41.82% | -60.17% |
| P/E ratio (TTM) | 12.62 | — |
| Forward P/E | 9.99 | 11.40 |
| EPS (TTM) | $5.86 | $-0.35 |
| Dividend yield | 0.59% | 0.00% |
| Annual dividend | $0.438 | $0.00 |
| Revenue (latest FY) | $2.93B | $6.05B |
| Revenue growth (YoY) | +7.01% | +26.99% |
| Net income (latest FY) | $383.00M | $3.71M |
| Gross margin | — | 41.25% |
| Operating margin | 23.37% | -0.26% |
| Net margin | 13.09% | 0.06% |
| 52-week high | $118.35 | $36.98 |
| 52-week low | $73.44 | $18.52 |
| Distance from 52-week high | -37.52% | -48.22% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +76.92% | +81.78% |
| Average volume | 1.04M | 12.94M |
| Shares outstanding | 69.70M | 496.45M |
| Employees | 6,600 | 5,500 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Services-Misc. Amusement & Recreation | Services-Misc. Amusement & Recreation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CHDN has outperformed DKNG by 22.7 percentage points over the past year.
- Churchill Downs is more profitable, keeping 13.1 cents of every revenue dollar as net income versus 0.1 cents for DraftKings.
- DraftKings grew revenue faster in its latest fiscal year (+26.99% vs +7.01%).
About Churchill Downs
CHDN stock →Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 6,600 employees
About DraftKings
DKNG stock →DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 5,500 employees
CHDN vs DKNG FAQ
Which is bigger, Churchill Downs or DraftKings?
DraftKings (DKNG) is larger, with a market capitalization of $9.51B compared with $5.15B for Churchill Downs (CHDN).
Which stock has performed better over the past year, CHDN or DKNG?
CHDN returned -19.19% over the past 12 months, compared with -41.88% for DKNG (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Churchill Downs or DraftKings?
Churchill Downs pays a dividend yielding 0.59%, while DraftKings does not currently pay a regular dividend.
Are Churchill Downs and DraftKings in the same industry?
Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.