Churchill Downs Inc
ac18e09fdaf04797aae8bba562a4729c
PRODUCTION_VERIFIED schema v3.0.0 Inferred last heartbeat: 2026-06-10T17:58:15.813971+00:00

Business Model Classification Tokens

monetization_vector
Per-transaction / Per-wager
Medium
SEC-10K 0000020212-26-000025
pricing_architecture
Negotiated / Regulatory-determined
Medium
SEC-10K 0000020212-26-000025
revenue_model_type
Transactional / Services
Medium
SEC-10K 0000020212-26-000025
customer_acquisition_metric
Marketing and advertising, property visitation, sponsorships
Medium
SEC-10K 0000020212-26-000025
customer_segment_primary
Consumer
Medium
SEC-10K 0000020212-26-000025
customer_segment_secondary
Institutional / Commercial (racing facilities, other racetracks)
Medium
SEC-10K 0000020212-26-000025
business_model_type_primary
Gaming & Racing Operator / Retailer
Medium
SEC-10K 0000020212-26-000025
business_model_type_secondary
Online Wagering Platform / Technology Provider
Medium
SEC-10K 0000020212-26-000025
supply_chain_dependency
High
Medium
SEC-10K 0000020212-26-000025
headcount_cost_structure
123.9% OpEx / Revenue (High Cost Structure)
High
SEC-XBRL
geographic_footprint
Primarily U.S. domestic with regional concentration
Medium
SEC-10K 0000020212-26-000025
regulatory_burden_tier
Medium
Medium
GICS-regulatory-overlay-v1
howey_test_risk_index
Low
Medium
SEC-10K 0000020212-26-000025
antitrust_exposure_flag
No
Medium
SEC-10K 0000020212-26-000025
data_sovereignty_risk
High
Medium
SEC-10K 0000020212-26-000025
vendor_lock_dependency_score
High
Medium
SEC-10K 0000020212-26-000025
pricing_power_rating
Moderate
Medium
SEC-10K 0000020212-26-000025
network_effect_present
Partial
Medium
SEC-10K 0000020212-26-000025
switching_cost_profile
Low
Medium
SEC-10K 0000020212-26-000025
asset_efficiency_ratio
7.1% Return on Assets (Excellent)
High
SEC-XBRL
recession_resistance_tier
Cyclical
Medium
SEC-10K 0000020212-26-000025
interest_rate_sensitivity
High
Medium
SEC-10K 0000020212-26-000025
debt_leverage_profile
4.62x Total Debt / Equity (High leverage)
High
SEC-XBRL
geopolitical_supply_exposure
Low intensity; China's December 2024 ban on gallium and germanium exports to the US (germanium tetrachloride is the core dopant in optical fiber; gallium underpins optoelectronic transceivers) sits on top of the sector's binding 2026 constraint of grid-power scarcity and multi-year interconnection queues for AI-driven data-center buildouts.
Medium
GICS-commodity-overlay-v2
marginal_cost_of_growth
76.6% OpEx as % Revenue (High Growth Cost)
High
SEC-XBRL
franchise_compliance_risk
N-A
Medium
SEC-10K 0000020212-26-000025
international_expansion_readiness
Low
Medium
SEC-10K 0000020212-26-000025
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "23-0000 Legal Occupations", "27-0000 Arts, Design, Entertainment, Sports, and Media Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "49-0000 Installation, Maintenance, and Repair Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.31 (HIL — ~31% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v2
commodity_exposure_profile
Low intensity; commodities: electricity (grid power for networks and data centers), copper (legacy access networks, cabling, connectors), fiber-optic glass / silica with germanium dopant, diesel fuel (fleet operations and backup generation), steel (towers, masts, conduit), aluminum (cable sheathing, enclosures, structures); geopolitical: China's December 2024 ban on gallium and germanium exports to the US (germanium tetrachloride is the core dopant in optical fiber; gallium underpins optoelectronic transceivers) sits on top of the sector's binding 2026 constraint of grid-power scarcity and multi-year interconnection queues for AI-driven data-center buildouts.
Medium
GICS-commodity-overlay-v2
regulatory_exposure_profile
Medium burden; regimes: FCC, FTC, GDPR, DOJ, CFIUS, EU DMA; Platform content-liability reform and antitrust actions threaten core business models.
Medium
GICS-regulatory-overlay-v1
sec_cik
0000020212
High
SEC-EDGAR
ticker
CHDN
High
SEC-EDGAR
capital_expenditure_profile
1.0% CapEx / Revenue (Low-CapEx Asset-Light)
High
SEC-XBRL
churn_vulnerability_index
High
Medium
SEC-10K 0000020212-26-000025
Filings_Dog_Scope
antitrust_exposure_flag,business_model_type_primary,business_model_type_secondary,churn_vulnerability_index,customer_acquisition_metric,customer_segment_primary,customer_segment_secondary,data_sovereignty_risk,franchise_compliance_risk,geographic_footprint,geopolitical_supply_exposure,headcount_cost_structure,howey_test_risk_index,interest_rate_sensitivity,international_expansion_readiness,marginal_cost_of_growth,monetization_vector,network_effect_present,pricing_architecture,pricing_power_rating,recession_resistance_tier,regulatory_burden_tier,revenue_model_type,supply_chain_dependency,switching_cost_profile,vendor_lock_dependency_score
High
SEC-10K 0000020212-26-000025
activist_13d_count_1y
0
High
SEC-13D/G registry, subject-verified
blockholder_13g_count_1y
2
High
SEC-13D/G registry, subject-verified
activist_last_13d_date
none in window
High
SEC-13D/G registry, subject-verified
insider_buys_6m
0
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
insider_sells_6m
0
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
insider_net_shares_6m
0
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
insider_last_transaction_date
none in window
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
Insider_Dog_Checked
2026-09-13T22:58|activist_13d_count_1y,activist_last_13d_date,blockholder_13g_count_1y,insider_buys_6m,insider_last_transaction_date,insider_net_shares_6m,insider_sells_6m
High
SEC-Form4 registry

Knowledge Graph — All Sections

monetization_vector
Per-transaction / Per-wager
Medium
SEC-10K 0000020212-26-000025
pricing_architecture
Negotiated / Regulatory-determined
Medium
SEC-10K 0000020212-26-000025
revenue_model_type
Transactional / Services
Medium
SEC-10K 0000020212-26-000025
customer_acquisition_metric
Marketing and advertising, property visitation, sponsorships
Medium
SEC-10K 0000020212-26-000025
customer_segment_primary
Consumer
Medium
SEC-10K 0000020212-26-000025
customer_segment_secondary
Institutional / Commercial (racing facilities, other racetracks)
Medium
SEC-10K 0000020212-26-000025
business_model_type_primary
Gaming & Racing Operator / Retailer
Medium
SEC-10K 0000020212-26-000025
business_model_type_secondary
Online Wagering Platform / Technology Provider
Medium
SEC-10K 0000020212-26-000025
supply_chain_dependency
High
Medium
SEC-10K 0000020212-26-000025
headcount_cost_structure
123.9% OpEx / Revenue (High Cost Structure)
High
SEC-XBRL
geographic_footprint
Primarily U.S. domestic with regional concentration
Medium
SEC-10K 0000020212-26-000025
regulatory_burden_tier
Medium
Medium
GICS-regulatory-overlay-v1
howey_test_risk_index
Low
Medium
SEC-10K 0000020212-26-000025
antitrust_exposure_flag
No
Medium
SEC-10K 0000020212-26-000025
data_sovereignty_risk
High
Medium
SEC-10K 0000020212-26-000025
vendor_lock_dependency_score
High
Medium
SEC-10K 0000020212-26-000025
pricing_power_rating
Moderate
Medium
SEC-10K 0000020212-26-000025
network_effect_present
Partial
Medium
SEC-10K 0000020212-26-000025
switching_cost_profile
Low
Medium
SEC-10K 0000020212-26-000025
asset_efficiency_ratio
7.1% Return on Assets (Excellent)
High
SEC-XBRL
recession_resistance_tier
Cyclical
Medium
SEC-10K 0000020212-26-000025
interest_rate_sensitivity
High
Medium
SEC-10K 0000020212-26-000025
debt_leverage_profile
4.62x Total Debt / Equity (High leverage)
High
SEC-XBRL
geopolitical_supply_exposure
Low intensity; China's December 2024 ban on gallium and germanium exports to the US (germanium tetrachloride is the core dopant in optical fiber; gallium underpins optoelectronic transceivers) sits on top of the sector's binding 2026 constraint of grid-power scarcity and multi-year interconnection queues for AI-driven data-center buildouts.
Medium
GICS-commodity-overlay-v2
marginal_cost_of_growth
76.6% OpEx as % Revenue (High Growth Cost)
High
SEC-XBRL
franchise_compliance_risk
N-A
Medium
SEC-10K 0000020212-26-000025
international_expansion_readiness
Low
Medium
SEC-10K 0000020212-26-000025
characteristic_occupations
["11-0000 Management Occupations", "13-0000 Business and Financial Operations Occupations", "15-0000 Computer and Mathematical Occupations", "23-0000 Legal Occupations", "27-0000 Arts, Design, Entertainment, Sports, and Media Occupations", "41-0000 Sales and Related Occupations", "43-0000 Office and Administrative Support Occupations", "49-0000 Installation, Maintenance, and Repair Occupations"]
High
SOC-2018/GICS-overlay
agent_automatable_labor_share
0.31 (HIL — ~31% of characteristic roles agent-automatable)
Medium
SOC-2018 + agentic-exposure-v2
commodity_exposure_profile
Low intensity; commodities: electricity (grid power for networks and data centers), copper (legacy access networks, cabling, connectors), fiber-optic glass / silica with germanium dopant, diesel fuel (fleet operations and backup generation), steel (towers, masts, conduit), aluminum (cable sheathing, enclosures, structures); geopolitical: China's December 2024 ban on gallium and germanium exports to the US (germanium tetrachloride is the core dopant in optical fiber; gallium underpins optoelectronic transceivers) sits on top of the sector's binding 2026 constraint of grid-power scarcity and multi-year interconnection queues for AI-driven data-center buildouts.
Medium
GICS-commodity-overlay-v2
regulatory_exposure_profile
Medium burden; regimes: FCC, FTC, GDPR, DOJ, CFIUS, EU DMA; Platform content-liability reform and antitrust actions threaten core business models.
Medium
GICS-regulatory-overlay-v1
sec_cik
0000020212
High
SEC-EDGAR
ticker
CHDN
High
SEC-EDGAR
capital_expenditure_profile
1.0% CapEx / Revenue (Low-CapEx Asset-Light)
High
SEC-XBRL
churn_vulnerability_index
High
Medium
SEC-10K 0000020212-26-000025
Filings_Dog_Scope
antitrust_exposure_flag,business_model_type_primary,business_model_type_secondary,churn_vulnerability_index,customer_acquisition_metric,customer_segment_primary,customer_segment_secondary,data_sovereignty_risk,franchise_compliance_risk,geographic_footprint,geopolitical_supply_exposure,headcount_cost_structure,howey_test_risk_index,interest_rate_sensitivity,international_expansion_readiness,marginal_cost_of_growth,monetization_vector,network_effect_present,pricing_architecture,pricing_power_rating,recession_resistance_tier,regulatory_burden_tier,revenue_model_type,supply_chain_dependency,switching_cost_profile,vendor_lock_dependency_score
High
SEC-10K 0000020212-26-000025
activist_13d_count_1y
0
High
SEC-13D/G registry, subject-verified
blockholder_13g_count_1y
2
High
SEC-13D/G registry, subject-verified
activist_last_13d_date
none in window
High
SEC-13D/G registry, subject-verified
insider_buys_6m
0
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
insider_sells_6m
0
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
insider_net_shares_6m
0
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
insider_last_transaction_date
none in window
High
SEC-Form4 0001246240-26-000006..0001246240-26-000002
Insider_Dog_Checked
2026-09-13T22:58|activist_13d_count_1y,activist_last_13d_date,blockholder_13g_count_1y,insider_buys_6m,insider_last_transaction_date,insider_net_shares_6m,insider_sells_6m
High
SEC-Form4 registry

Business Model Components

Core Space

> *Pending Turn 2 — Business Model Type Agent population.*

Interaction Modes

> *Pending Turn 2 — Business Model Type Agent population.*

Product Matrix

> *Pending Turn 2 — Business Model Type Agent population.*

Historical Evolution Log

Live Operational Signals

Signal DateSignal TypeSummary
Source

Evaluation Gate — Persona Stress Tests

SKILL_BUFFETT_VAL_03PENDING——
SKILL_LEGAL_SEC_01PENDING——
SKILL_SHORT_BEAR_01PENDING——
SKILL_MACRO_STRAT_01PENDING——
SKILL_OPS_PARTNER_01PENDING——

Live Status

No Live Status block found.