Churchill Downs (CHDN) vs TKO Group (TKO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
TKO Group (TKO) has outperformed Churchill Downs (CHDN) over the past year, losing 9.8% versus a loss of 19.2%. Over five years, TKO leads with a +200.3% price change compared with -41.8% for CHDN. TKO Group is the larger company by market cap ($34.38 billion vs $5.31 billion), about 6.5 times the size, while Churchill Downs is growing revenue faster (+7.0% vs -3.1%).
On valuation, Churchill Downs trades at a lower forward P/E (10.3x vs 38.8x for TKO Group). TKO Group offers the higher dividend yield (1.71% vs 0.58%). Churchill Downs converts more of its revenue into profit, with a net margin of 13.1% versus 4.1%.
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 | TKO |
|---|---|---|
| Share price | $76.16 | $181.63 |
| Market cap | $5.31B | $34.38B |
| 1-day change | +2.99% | +1.67% |
| YTD return | -35.01% | -14.53% |
| 1-year return | -19.19% | -9.76% |
| 5-year return | -41.82% | +200.29% |
| P/E ratio (TTM) | 13.00 | 63.51 |
| Forward P/E | 10.31 | 38.80 |
| EPS (TTM) | $5.86 | $2.86 |
| Dividend yield | 0.58% | 1.71% |
| Annual dividend | $0.438 | $3.11 |
| Revenue (latest FY) | $2.93B | $4.74B |
| Revenue growth (YoY) | +7.01% | -3.05% |
| Net income (latest FY) | $383.00M | $195.40M |
| Operating margin | 23.37% | 17.63% |
| Net margin | 13.09% | 4.13% |
| 52-week high | $118.35 | $226.94 |
| 52-week low | $73.09 | $171.19 |
| Distance from 52-week high | -35.65% | -19.97% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +71.78% | +27.41% |
| Average volume | 1.05M | 1.11M |
| Shares outstanding | 69.70M | 73.11M |
| Employees | 6,600 | 4,000 |
| 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
- TKO Group is about 6.5 times larger than Churchill Downs by market value ($34.38B vs $5.31B).
- TKO Group trades at a higher earnings multiple (63.5x vs 13.0x trailing P/E).
- TKO Group offers a meaningfully higher dividend yield (1.71% vs 0.58%).
- Churchill Downs is more profitable, keeping 13.1 cents of every revenue dollar as net income versus 4.1 cents for TKO Group.
- Churchill Downs grew revenue faster in its latest fiscal year (+7.01% vs -3.05%).
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 TKO Group
TKO stock →TKO Group Holdings, Inc. operates as a sports and entertainment company.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 4,000 employees
CHDN vs TKO FAQ
Which is bigger, Churchill Downs or TKO Group?
TKO Group (TKO) is larger, with a market capitalization of $34.38B compared with $5.31B for Churchill Downs (CHDN).
Which stock has performed better over the past year, CHDN or TKO?
TKO returned -9.76% 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 TKO?
CHDN has the lower trailing P/E at 13.0, versus 63.5 for TKO. 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 TKO Group?
TKO Group has the higher yield at 1.71%, compared with 0.58% for Churchill Downs.
Are Churchill Downs and TKO Group in the same industry?
Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.