Churchill Downs Incorporated (CHDN) vs Macy's, Inc. (M)
A side-by-side comparison of Churchill Downs Incorporated and Macy's, Inc. 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.
CHDN
Churchill Downs Incorporated
$77.57Consumer CyclicalDelayed quote: Oct 5, 2026, 4:00 PM EDT
M
Macy's, Inc.
$22.51Consumer CyclicalDelayed quote: Oct 5, 2026, 4:00 PM EDT
Total return — CHDN vs M
growth of $100 · dividends reinvested · last 10yCHDN +235.9% (+12.9%/yr)M -6.4% (-0.7%/yr)CHDN compounded faster over this window
CHDN M
CHDN vs M: by the numbers
- •M is the larger company ($5.92B vs $5.41B market cap).
- •M trades at the lower trailing earnings multiple (8.28 vs 13.28 P/E), one valuation lens rather than an overall verdict.
- •CHDN converts more revenue to profit (13.69% vs 3.29% net margin).
- •CHDN grew revenue faster over the past five years (15.51% vs -0.56% CAGR).
- •M pays the higher dividend yield (3.36% vs 0.56%).
Metrics side by side
Valuation
| Metric | CHDN | M |
|---|---|---|
| P/E ratio | 13.28 | 8.28 |
| Forward P/E | 11.14 | 9.70 |
| P/S ratio | 1.81 | 0.26 |
| P/B ratio | 4.03 | 1.20 |
| EV / EBITDA | 10.40 | 4.89 |
| FCF yield | 7.08% | 25.18% |
Profitability
| Metric | CHDN | M |
|---|---|---|
| Gross margin | 33.58% | 36.03% |
| Operating margin | 24.21% | 4.88% |
| Net margin | 13.69% | 3.29% |
| ROE | 30.55% | 15.20% |
| ROIC | 7.53% | 7.22% |
Dividends
| Metric | CHDN | M |
|---|---|---|
| Dividend yield | 0.56% | 3.36% |
| Payout ratio | 7.50% | 27.83% |
Growth (annualized)
| Metric | CHDN | M |
|---|---|---|
| Revenue CAGR (5Y) | 15.51% | -0.56% |
| FCF CAGR (5Y) | 21.79% | -15.90% |
| Total return CAGR (5Y) | -8.47% | 4.14% |
Frequently asked
- Which has the lower trailing P/E, CHDN or M?
- M has the lower trailing P/E: CHDN trades at 13.28 and M at 8.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CHDN or M?
- Over the past five years, CHDN grew revenue faster — CHDN at a 15.51% CAGR versus M at -0.56%.
- Does CHDN or M pay a bigger dividend?
- CHDN yields 0.56% and M yields 3.36% based on trailing dividends and the latest price.
- Is CHDN or M more profitable?
- CHDN runs the higher net margin — CHDN at 13.69% versus M at 3.29%.
- How have CHDN and M total returns compared?
- Over the past 10 years, CHDN delivered 13.03% and M delivered -0.62% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Churchill Downs P/E ratioMacy's P/E ratioChurchill Downs dividend yieldMacy's dividend yieldChurchill Downs ROEMacy's ROEChurchill Downs operating marginMacy's operating marginChurchill Downs revenue growthMacy's revenue growthChurchill Downs free cash flowMacy's free cash flow
Churchill Downs & Macy's appear in these rankings
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.