Which has the lower trailing P/E, CAKE or CHDN?

CHDN has the lower trailing P/E: CAKE trades at 29.55 and CHDN at 13.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CAKE or CHDN?

Over the past five years, CHDN grew revenue faster — CAKE at a 9.45% CAGR versus CHDN at 15.51%.

Does CAKE or CHDN pay a bigger dividend?

CAKE yields 1.07% and CHDN yields 0.56% based on trailing dividends and the latest price.

Is CAKE or CHDN more profitable?

CHDN runs the higher net margin — CAKE at 4.61% versus CHDN at 13.69%.

How have CAKE and CHDN total returns compared?

Over the past 10 years, CAKE delivered 10.45% and CHDN delivered 13.03% annualized total return. Past performance doesn't predict future results.

The Cheesecake Factory Incorporated (CAKE) vs Churchill Downs Incorporated (CHDN)

A side-by-side comparison of The Cheesecake Factory Incorporated and Churchill Downs Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

CAKE

The Cheesecake Factory Incorporated

$5.42B

$109.03Consumer CyclicalDelayed quote: Oct 5, 2026, 4:00 PM EDT

CHDN

Churchill Downs Incorporated

$5.41B

$77.57Consumer CyclicalDelayed quote: Oct 5, 2026, 4:00 PM EDT

Total return — CAKE vs CHDN

growth of $100 · dividends reinvested · last 10y

CAKE +163.8% (+10.2%/yr)CHDN +235.9% (+12.9%/yr)CHDN compounded faster over this window

CAKE CHDN

CAKE vs CHDN: by the numbers

•CAKE is the larger company ($5.42B vs $5.41B market cap).
•CHDN trades at the lower trailing earnings multiple (13.28 vs 29.55 P/E), one valuation lens rather than an overall verdict.
•CHDN converts more revenue to profit (13.69% vs 4.61% net margin).
•CHDN grew revenue faster over the past five years (15.51% vs 9.45% CAGR).
•CAKE pays the higher dividend yield (1.07% vs 0.56%).

Metrics side by side

Valuation

Metric	CAKE	CHDN
P/E ratio	29.55	13.28
Forward P/E	24.10	11.14
P/S ratio	1.40	1.81
P/B ratio	10.44	4.03
EV / EBITDA	23.01	10.40
FCF yield	3.81%	7.08%

Profitability

Metric	CAKE	CHDN
Gross margin	78.33%	33.58%
Operating margin	5.27%	24.21%
Net margin	4.61%	13.69%
ROE	34.42%	30.55%
ROIC	7.19%	7.53%

Dividends

Metric	CAKE	CHDN
Dividend yield	1.07%	0.56%
Payout ratio	31.71%	7.50%

Growth (annualized)

Metric	CAKE	CHDN
Revenue CAGR (5Y)	9.45%	15.51%
FCF CAGR (5Y)	12.09%	21.79%
Total return CAGR (5Y)	21.32%	-8.47%

Frequently asked

Which has the lower trailing P/E, CAKE or CHDN?: CHDN has the lower trailing P/E: CAKE trades at 29.55 and CHDN at 13.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CAKE or CHDN?: Over the past five years, CHDN grew revenue faster — CAKE at a 9.45% CAGR versus CHDN at 15.51%.
Does CAKE or CHDN pay a bigger dividend?: CAKE yields 1.07% and CHDN yields 0.56% based on trailing dividends and the latest price.
Is CAKE or CHDN more profitable?: CHDN runs the higher net margin — CAKE at 4.61% versus CHDN at 13.69%.
How have CAKE and CHDN total returns compared?: Over the past 10 years, CAKE delivered 10.45% and CHDN delivered 13.03% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CAKE analysis Full CHDN analysis Interactive comparison tool

Dig into the metrics

Cheesecake Factory P/E ratio Churchill Downs P/E ratio Cheesecake Factory dividend yield Churchill Downs dividend yield Cheesecake Factory ROE Churchill Downs ROE Cheesecake Factory operating margin Churchill Downs operating margin Cheesecake Factory revenue growth Churchill Downs revenue growth Cheesecake Factory free cash flow Churchill Downs free cash flow

Cheesecake Factory & Churchill Downs appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.