Is Churchill Downs Inc (CHDN) Halal?

NASDAQ Consumer Cyclical United States $5.9B
✗ NOT HALAL
Confidence: 95/100
Churchill Downs Inc (CHDN) is Not Halal under AAOIFI Standard 21 due to its classification in the Gambling industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Gambling ✗ NOT HALAL
DJIM Excluded — Gambling ✗ NOT HALAL
MSCI Excluded — Gambling ✗ NOT HALAL
S&P Excluded — Gambling ✗ NOT HALAL
FTSE Excluded — Gambling ✗ NOT HALAL

Financial Highlights

P/E Ratio
16.0
Forward: 11.4
EPS
$5.29
Dividend Yield
52.0%
Payout: 8.3%
P/B Ratio
5.8
EV/EBITDA
11.4
EV: $10.9B
Revenue
$2.9B
Growth: 6.7%
Beta
0.7
Low volatility
Current Ratio
0.6

Profitability

Gross Margin 33.6%
Operating Margin 18.8%
Net Margin 13.1%
Return on Equity (ROE) 35.7%
Return on Assets (ROA) 6.2%

Cash Flow & Balance Sheet

Operating Cash Flow$770M
Free Cash Flow$310M
Total Debt$5.1B
Debt-to-Equity492.2
Current Ratio0.6
Total Assets$7.5B

Price & Trading

Last Close$87.57
50-Day MA$92.61
200-Day MA$100.65
Avg Volume909K
Beta0.7
52-Week Range
$80.24
$118.46

About Churchill Downs Inc (CHDN)

CEO
Mr. William C. Carstanjen
Employees
6,600
Sector
Consumer Cyclical
Industry
Gambling
Country
United States
Exchange
NASDAQ
Market Cap
$5.9B
Currency
USD

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. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

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Frequently Asked Questions

Is Churchill Downs Inc (CHDN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Churchill Downs Inc is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Churchill Downs Inc's debt ratio?

Churchill Downs Inc's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Churchill Downs Inc's key financial metrics?

Churchill Downs Inc has a market capitalization of $5.9B, trailing P/E ratio of 16.0, and revenue of $2.9B. The company maintains a gross margin of 33.6% and a net margin of 13.1%. Return on equity stands at 35.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.