Churchill Downs vs Super Group (sghc)
Churchill Downs is the larger business, with $2.93bn of revenue in fiscal 2025 against $2.23bn for Super Group (sghc) (1.3 times as much). Super Group (sghc) grew faster (21.6% against 7.0%). Churchill Downs kept more of each dollar of sales as profit: a net margin of 13.1% against 9.7%.
| Latest fiscal year | Churchill DownsCHDN, 2025 | Super Group (sghc)SGHC, 2025 |
|---|---|---|
| Revenue | $2.93bn | $2.23bn |
| Revenue growth | 7.0% | 21.6% |
| Net income | $383m | $217m |
| Operating margin | — | — |
| Net margin | 13.1% | 9.7% |
| Return on equity | 36.6% | 31.4% |
| Free cash flow | $565m | $319m |
| Cash | $201m | $513m |
| Total debt | $5.16bn | $17.0m |
| Debt to equity | — | 2.1% |
| Dividend per share | $0.44 | — |
| Dividend yield | 0.5% | — |
| Share buybacks | $428m | $0 |
| Employees | 9,000 | — |
| Market value | $6.80bn | $5.74bn |
| Price vs our value range | Within our value range | — |
| Moat score | 66 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 14 sales |