Churchill Downs (CHDN) vs Sphere Entertainment (SPHR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Sphere Entertainment (SPHR) has outperformed Churchill Downs (CHDN) over the past year, gaining 78.0% versus a loss of 19.2%. Over five years, SPHR leads with a +228.3% price change compared with -41.8% for CHDN. Churchill Downs is the larger company by market cap ($5.24 billion vs $3.98 billion), about 1.3 times the size, while Sphere Entertainment is growing revenue faster (+18.8% vs +7.0%).
Churchill Downs pays a dividend yielding 0.58%, while Sphere Entertainment does not currently pay one. Churchill Downs converts more of its revenue into profit, with a net margin of 13.1% versus 2.7%.
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 | SPHR |
|---|---|---|
| Share price | $75.17 | $110.91 |
| Market cap | $5.24B | $3.98B |
| 1-day change | +1.64% | +4.40% |
| YTD return | -35.01% | +11.74% |
| 1-year return | -19.19% | +78.05% |
| 5-year return | -41.82% | +228.30% |
| P/E ratio (TTM) | 12.83 | — |
| Forward P/E | 10.18 | — |
| EPS (TTM) | $5.86 | $-2.69 |
| Dividend yield | 0.58% | 0.00% |
| Annual dividend | $0.438 | $0.00 |
| Revenue (latest FY) | $2.93B | $1.22B |
| Revenue growth (YoY) | +7.01% | +18.81% |
| Net income (latest FY) | $383.00M | $33.41M |
| Operating margin | 23.37% | -18.82% |
| Net margin | 13.09% | 2.74% |
| 52-week high | $118.35 | $181.63 |
| 52-week low | $73.09 | $57.01 |
| Distance from 52-week high | -36.49% | -38.94% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +74.06% | +53.14% |
| Average volume | 1.05M | 739.16K |
| Shares outstanding | 69.70M | 29.05M |
| Employees | 6,600 | 1,100 |
| 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
- SPHR has outperformed CHDN by 97.2 percentage points over the past year.
- Churchill Downs is more profitable, keeping 13.1 cents of every revenue dollar as net income versus 2.7 cents for Sphere Entertainment.
- Sphere Entertainment grew revenue faster in its latest fiscal year (+18.81% 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 Sphere Entertainment
SPHR stock →Sphere Entertainment Co. operates as a live entertainment and media company in the United States.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 1,100 employees
CHDN vs SPHR FAQ
Which is bigger, Churchill Downs or Sphere Entertainment?
Churchill Downs (CHDN) is larger, with a market capitalization of $5.24B compared with $3.98B for Sphere Entertainment (SPHR).
Which stock has performed better over the past year, CHDN or SPHR?
SPHR returned +78.05% 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 Sphere Entertainment?
Churchill Downs pays a dividend yielding 0.58%, while Sphere Entertainment does not currently pay a regular dividend.
Are Churchill Downs and Sphere Entertainment in the same industry?
Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.