Churchill Downs Incorporated (CHDN) vs Vail Resorts, Inc. (MTN)

A side-by-side comparison of Churchill Downs Incorporated and Vail Resorts, 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.

Compare

Total return — CHDN vs MTN

growth of $100 · dividends reinvested · last 10y
CHDN +235.9% (+12.9%/yr)MTN +21.3% (+2.0%/yr)CHDN compounded faster over this window
200400600Start $10020182020202220242026$336$121
CHDN MTN

CHDN vs MTN: by the numbers

  • •CHDN is the larger company ($5.47B vs $5.23B market cap).
  • •CHDN trades at the lower trailing earnings multiple (13.45 vs 35.65 P/E), one valuation lens rather than an overall verdict.
  • •CHDN converts more revenue to profit (13.69% vs 5.20% net margin).
  • •CHDN grew revenue faster over the past five years (15.51% vs 8.25% CAGR).
  • •MTN pays the higher dividend yield (6.37% vs 0.56%).

Metrics side by side

Valuation

MetricCHDNMTN
P/E ratio13.4535.65
Forward P/E11.2826.38
PEG ratioN/A6.31
P/S ratio1.831.84
P/B ratio4.0821.76
EV / EBITDA10.4711.60
FCF yield6.99%5.96%

Profitability

MetricCHDNMTN
Gross margin33.58%41.75%
Operating margin24.21%14.82%
Net margin13.69%5.20%
ROE30.55%61.34%
ROIC7.53%7.01%

Dividends

MetricCHDNMTN
Dividend yield0.56%6.37%
Payout ratio7.50%215.53%

Growth (annualized)

MetricCHDNMTN
Revenue CAGR (5Y)15.51%8.25%
EPS CAGR (5Y)N/A5.43%
FCF CAGR (5Y)21.79%-5.32%
Total return CAGR (5Y)-8.47%-12.89%

Frequently asked

Which has the lower trailing P/E, CHDN or MTN?
CHDN has the lower trailing P/E: CHDN trades at 13.45 and MTN at 35.65. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CHDN or MTN?
Over the past five years, CHDN grew revenue faster — CHDN at a 15.51% CAGR versus MTN at 8.25%.
Does CHDN or MTN pay a bigger dividend?
CHDN yields 0.56% and MTN yields 6.37% based on trailing dividends and the latest price.
Is CHDN or MTN more profitable?
CHDN runs the higher net margin — CHDN at 13.69% versus MTN at 5.20%.
How have CHDN and MTN total returns compared?
Over the past 10 years, CHDN delivered 13.03% and MTN delivered 1.93% annualized total return. Past performance doesn't predict future results.

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.