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Churchill Downs Inc（CHDN）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是Churchill Downs Inc的1.9倍（$1.3B vs $663.0M），Churchill Downs Inc净利率更高（12.5% vs -63.1%，领先75.6%），Churchill Downs Inc同比增速更快（3.1% vs -25.8%），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -13.7%）
丘吉尔唐斯股份有限公司是丘吉尔唐斯赛马场的母公司，起家于美国肯塔基州路易斯维尔的单一赛马场，现已发展为业务覆盖美国多州的上市企业，旗下拥有赛马场、赌场、线上投注平台等多元业务板块。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
CHDN vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.9倍
$663.0M
营收增速更快
CHDN
高出28.9%
-25.8%
净利率更高
CHDN
高出75.6%
-63.1%
两年增速更快
RIVN
近两年复合增速
-13.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $663.0M | $1.3B |
| 净利润 | $83.0M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 21.6% | -64.8% |
| 净利率 | 12.5% | -63.1% |
| 营收同比 | 3.1% | -25.8% |
| 净利润同比 | 7.8% | -9.0% |
| 每股收益（稀释后） | $1.16 | $-0.66 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CHDNRIVN
| Q1 26 | $663.0M | — | ||
| Q4 25 | $665.9M | $1.3B | ||
| Q3 25 | $683.0M | $1.6B | ||
| Q2 25 | $934.4M | $1.3B | ||
| Q1 25 | $642.6M | $1.2B | ||
| Q4 24 | $624.2M | $1.7B | ||
| Q3 24 | $628.5M | $874.0M | ||
| Q2 24 | $890.7M | $1.2B |
净利润CHDNRIVN
| Q1 26 | $83.0M | — | ||
| Q4 25 | $51.3M | $-811.0M | ||
| Q3 25 | $38.1M | $-1.2B | ||
| Q2 25 | $216.9M | $-1.1B | ||
| Q1 25 | $76.7M | $-545.0M | ||
| Q4 24 | $71.7M | $-744.0M | ||
| Q3 24 | $65.4M | $-1.1B | ||
| Q2 24 | $209.3M | $-1.5B |
毛利率CHDNRIVN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% |
营业利润率CHDNRIVN
| Q1 26 | 21.6% | — | ||
| Q4 25 | 18.5% | -64.8% | ||
| Q3 25 | 14.3% | -63.1% | ||
| Q2 25 | 35.1% | -85.5% | ||
| Q1 25 | 20.9% | -52.8% | ||
| Q4 24 | 20.3% | -38.1% | ||
| Q3 24 | 20.0% | -133.8% | ||
| Q2 24 | 37.0% | -118.7% |
净利率CHDNRIVN
| Q1 26 | 12.5% | — | ||
| Q4 25 | 7.7% | -63.1% | ||
| Q3 25 | 5.6% | -75.3% | ||
| Q2 25 | 23.2% | -85.7% | ||
| Q1 25 | 11.9% | -44.0% | ||
| Q4 24 | 11.5% | -42.9% | ||
| Q3 24 | 10.4% | -125.9% | ||
| Q2 24 | 23.5% | -125.8% |
每股收益（稀释后）CHDNRIVN
| Q1 26 | $1.16 | — | ||
| Q4 25 | — | $-0.66 | ||
| Q3 25 | — | $-0.96 | ||
| Q2 25 | — | $-0.97 | ||
| Q1 25 | — | $-0.48 | ||
| Q4 24 | — | $-0.67 | ||
| Q3 24 | — | $-1.08 | ||
| Q2 24 | — | $-1.46 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $200.0M | $6.1B |
| 总债务越低越好 | $840.0M | — |
| 股东权益账面价值 | — | $4.6B |
| 总资产 | $7.5B | $14.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CHDNRIVN
| Q1 26 | $200.0M | — | ||
| Q4 25 | $200.6M | $6.1B | ||
| Q3 25 | $180.5M | $7.1B | ||
| Q2 25 | $182.4M | $7.5B | ||
| Q1 25 | $174.2M | $7.2B | ||
| Q4 24 | $175.5M | $7.7B | ||
| Q3 24 | $152.7M | $6.7B | ||
| Q2 24 | $140.3M | $7.9B |
总债务CHDNRIVN
| Q1 26 | $840.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B |
股东权益CHDNRIVN
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $4.6B | ||
| Q3 25 | $1.0B | $5.1B | ||
| Q2 25 | $1.0B | $6.1B | ||
| Q1 25 | $1.1B | $6.2B | ||
| Q4 24 | $1.1B | $6.6B | ||
| Q3 24 | $1.1B | $5.9B | ||
| Q2 24 | $1.0B | $6.8B |
总资产CHDNRIVN
| Q1 26 | $7.5B | — | ||
| Q4 25 | $7.5B | $14.9B | ||
| Q3 25 | $7.5B | $15.2B | ||
| Q2 25 | $7.4B | $15.6B | ||
| Q1 25 | $7.3B | $15.5B | ||
| Q4 24 | $7.3B | $15.4B | ||
| Q3 24 | $7.2B | $14.3B | ||
| Q2 24 | $7.2B | $15.4B |
负债/权益比CHDNRIVN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $295.0M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | — | 36.0% |
| 现金转化率经营现金流/净利润 | 3.55× | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流CHDNRIVN
| Q1 26 | $295.0M | — | ||
| Q4 25 | — | $-681.0M | ||
| Q3 25 | $187.7M | $26.0M | ||
| Q2 25 | — | $64.0M | ||
| Q1 25 | $246.5M | $-188.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $169.4M | $-876.0M | ||
| Q2 24 | — | $-754.0M |
自由现金流CHDNRIVN
| Q1 26 | — | — | ||
| Q4 25 | — | $-1.1B | ||
| Q3 25 | $166.3M | $-421.0M | ||
| Q2 25 | — | $-398.0M | ||
| Q1 25 | $233.9M | $-526.0M | ||
| Q4 24 | — | $856.0M | ||
| Q3 24 | $154.4M | $-1.2B | ||
| Q2 24 | — | $-1.0B |
自由现金流率CHDNRIVN
| Q1 26 | — | — | ||
| Q4 25 | — | -89.0% | ||
| Q3 25 | 24.3% | -27.0% | ||
| Q2 25 | — | -30.5% | ||
| Q1 25 | 36.4% | -42.4% | ||
| Q4 24 | — | 49.4% | ||
| Q3 24 | 24.6% | -131.9% | ||
| Q2 24 | — | -89.6% |
资本支出强度CHDNRIVN
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 36.0% | ||
| Q3 25 | 3.1% | 28.7% | ||
| Q2 25 | 2.0% | 35.5% | ||
| Q1 25 | 2.0% | 27.3% | ||
| Q4 24 | 5.4% | 18.9% | ||
| Q3 24 | 2.4% | 31.7% | ||
| Q2 24 | 2.5% | 24.4% |
现金转化率CHDNRIVN
| Q1 26 | 3.55× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 4.93× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.21× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.59× | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CHDN
| Live and Historical Racing | $297.0M | 45% |
| Gaming | $257.0M | 39% |
| Wagering Services and Solutions | $109.0M | 16% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
