Churchill Downs (CHDN) vs Live Nation Entertainment (LYV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Live Nation Entertainment (LYV) has outperformed Churchill Downs (CHDN) over the past year, gaining 10.0% versus a loss of 19.2%. Over five years, LYV leads with a +68.2% price change compared with -41.8% for CHDN. Live Nation Entertainment is the larger company by market cap ($39.85 billion vs $5.27 billion), about 7.6 times the size.
On valuation, Churchill Downs trades at a lower forward P/E (10.2x vs 87.7x for Live Nation Entertainment). Churchill Downs pays a dividend yielding 0.58%, while Live Nation Entertainment does not currently pay one. Churchill Downs converts more of its revenue into profit, with a net margin of 13.1% versus 2.0%.
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 | LYV |
|---|---|---|
| Share price | $75.55 | $171.06 |
| Market cap | $5.27B | $39.85B |
| 1-day change | +2.16% | +0.13% |
| YTD return | -35.01% | +19.89% |
| 1-year return | -19.19% | +9.99% |
| 5-year return | -41.82% | +68.20% |
| P/E ratio (TTM) | 12.89 | — |
| Forward P/E | 10.23 | 87.67 |
| EPS (TTM) | $5.86 | $-1.11 |
| Dividend yield | 0.58% | 0.00% |
| Annual dividend | $0.438 | $0.00 |
| Revenue (latest FY) | $2.93B | $25.20B |
| Revenue growth (YoY) | +7.01% | +8.83% |
| Net income (latest FY) | $383.00M | $495.97M |
| Operating margin | 23.37% | 4.96% |
| Net margin | 13.09% | 1.97% |
| 52-week high | $118.35 | $189.25 |
| 52-week low | $73.09 | $125.34 |
| Distance from 52-week high | -36.17% | -9.61% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +73.18% | +18.06% |
| Average volume | 1.05M | 1.94M |
| Shares outstanding | 69.70M | 232.96M |
| Employees | 6,600 | 17,700 |
| 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
- Live Nation Entertainment is about 7.6 times larger than Churchill Downs by market value ($39.85B vs $5.27B).
- LYV has outperformed CHDN by 29.2 percentage points over the past year.
- Churchill Downs is more profitable, keeping 13.1 cents of every revenue dollar as net income versus 2.0 cents for Live Nation Entertainment.
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 Live Nation Entertainment
LYV stock →Live Nation Entertainment, Inc. operates as a live entertainment company worldwide.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 17,700 employees
CHDN vs LYV FAQ
Which is bigger, Churchill Downs or Live Nation Entertainment?
Live Nation Entertainment (LYV) is larger, with a market capitalization of $39.85B compared with $5.27B for Churchill Downs (CHDN).
Which stock has performed better over the past year, CHDN or LYV?
LYV returned +9.99% over the past 12 months, compared with -19.19% for CHDN (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Churchill Downs or Live Nation Entertainment?
Churchill Downs pays a dividend yielding 0.58%, while Live Nation Entertainment does not currently pay a regular dividend.
Are Churchill Downs and Live Nation Entertainment in the same industry?
Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.