Churchill Downs (CHDN) vs Vail Resorts (MTN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Vail Resorts (MTN) has outperformed Churchill Downs (CHDN) over the past year, losing 4.9% versus a loss of 19.2%. Over five years, CHDN leads with a -41.8% price change compared with -57.0% for MTN. Vail Resorts is the larger company by market cap ($5.16 billion vs $5.15 billion), about 1.0 times the size, while Churchill Downs is growing revenue faster (+7.0% vs -4.3%).
On valuation, Churchill Downs trades at a lower forward P/E (10.0x vs 21.8x for Vail Resorts). Vail Resorts offers the higher dividend yield (6.14% vs 0.59%). Churchill Downs converts more of its revenue into profit, with a net margin of 13.1% versus 5.2%.
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 | MTN |
|---|---|---|
| Share price | $73.95 | $144.67 |
| Market cap | $5.15B | $5.16B |
| 1-day change | -5.45% | -0.37% |
| YTD return | -35.01% | +8.94% |
| 1-year return | -19.19% | -4.88% |
| 5-year return | -41.82% | -57.00% |
| P/E ratio (TTM) | 12.62 | 35.11 |
| Forward P/E | 9.99 | 21.81 |
| EPS (TTM) | $5.86 | $4.12 |
| Dividend yield | 0.59% | 6.14% |
| Annual dividend | $0.438 | $8.88 |
| Revenue (latest FY) | $2.93B | $2.84B |
| Revenue growth (YoY) | +7.01% | -4.26% |
| Net income (latest FY) | $383.00M | $147.53M |
| Operating margin | 23.37% | 14.82% |
| Net margin | 13.09% | 5.20% |
| 52-week high | $118.35 | $163.34 |
| 52-week low | $73.44 | $118.51 |
| Distance from 52-week high | -37.52% | -11.43% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +76.92% | -0.57% |
| Average volume | 1.04M | 763.94K |
| Shares outstanding | 69.70M | 35.64M |
| Employees | 6,600 | 6,500 |
| 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
- MTN has outperformed CHDN by 14.3 percentage points over the past year.
- Vail Resorts trades at a higher earnings multiple (35.1x vs 12.6x trailing P/E).
- Vail Resorts offers a meaningfully higher dividend yield (6.14% vs 0.59%).
- Churchill Downs is more profitable, keeping 13.1 cents of every revenue dollar as net income versus 5.2 cents for Vail Resorts.
- Churchill Downs grew revenue faster in its latest fiscal year (+7.01% vs -4.26%).
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 Vail Resorts
MTN stock →Vail Resorts, Inc., together with its subsidiaries, operates mountain resorts and regional ski areas in the United States and internationally. It operates in three segments: Mountain, Lodging, and Real Estate.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 6,500 employees
CHDN vs MTN FAQ
Which is bigger, Churchill Downs or Vail Resorts?
Vail Resorts (MTN) is larger, with a market capitalization of $5.16B compared with $5.15B for Churchill Downs (CHDN).
Which stock has performed better over the past year, CHDN or MTN?
MTN returned -4.88% over the past 12 months, compared with -19.19% for CHDN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CHDN or MTN?
CHDN has the lower trailing P/E at 12.6, versus 35.1 for MTN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Churchill Downs or Vail Resorts?
Vail Resorts has the higher yield at 6.14%, compared with 0.59% for Churchill Downs.
Are Churchill Downs and Vail Resorts in the same industry?
Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.