Churchill Downs Inc (CHDN) stock
CHDNNasdaqServices-Racing, Including Track OperationFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 13/3035% below fair value
$99.62−1.02 (-1.01%)
Close on Nov 12, 2026Market cap $6.83BP/E 15.4Yield 0.44%
Churchill Downs ebitda
EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.
Churchill Downs's ebitda for the twelve months ending Sep 30, 2026 was $1.00B, up 9.6% year over year. For fiscal 2025 it was $916.90M, up 1.0% from the year before. Over ten years it grew 14.5% a year on average. The highest annual figure on record is $916.90M in fiscal 2025.
Annual ebitda
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $916.90M | +1.0% |
| FY2024 | Dec 31, 2024 | $908.10M | +23.9% |
| FY2023 | Dec 31, 2023 | $733.00M | +68.3% |
| FY2022 | Dec 31, 2022 | $435.50M | +12.4% |
| FY2021 | Dec 31, 2021 | $387.60M | +153.2% |
| FY2020 | Dec 31, 2020 | $153.10M | -50.9% |
| FY2019 | Dec 31, 2019 | $312.10M | +23.7% |
| FY2018 | Dec 31, 2018 | $252.40M | +4.0% |
| FY2017 | Dec 31, 2017 | $242.80M | -13.6% |
| FY2016 | Dec 31, 2016 | $281.10M | +19.1% |
| FY2015 | Dec 31, 2015 | $236.00M | +48.7% |
| FY2014 | Dec 31, 2014 | $158.70M | +4.5% |
| FY2013 | Dec 31, 2013 | $151.85M | -0.2% |
| FY2012 | Dec 31, 2012 | $152.15M | +11.7% |
| FY2011 | Dec 31, 2011 | $136.18M | +74.4% |
| FY2010 | Dec 31, 2010 | $78.09M | +20.2% |
| FY2009 | Dec 31, 2009 | $64.99M | – |
Quarterly ebitda
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $204.00M | +31.6% |
| Q2 FY2026 | Jun 30, 2026 | $416.00M | +8.1% |
| Q1 FY2026 | Mar 31, 2026 | $199.00M | +2.6% |
| Q4 FY2025 | Dec 31, 2025 | $182.90M | +1.5% |
| Q3 FY2025 | Sep 30, 2025 | $155.00M | -11.7% |
| Q2 FY2025 | Jun 30, 2025 | $385.00M | +1.5% |
| Q1 FY2025 | Mar 31, 2025 | $194.00M | +12.0% |
| Q4 FY2024 | Dec 31, 2024 | $180.20M | +17.5% |
| Q3 FY2024 | Sep 30, 2024 | $175.50M | +13.7% |
| Q2 FY2024 | Jun 30, 2024 | $379.20M | +41.8% |
| Q1 FY2024 | Mar 31, 2024 | $173.20M | +9.8% |
| Q4 FY2023 | Dec 31, 2023 | $153.40M | +228.5% |
| Q3 FY2023 | Sep 30, 2023 | $154.40M | +70.6% |
| Q2 FY2023 | Jun 30, 2023 | $267.40M | +18.4% |
| Q1 FY2023 | Mar 31, 2023 | $157.80M | +117.7% |
| Q4 FY2022 | Dec 31, 2022 | $46.70M | -22.2% |
| Q3 FY2022 | Sep 30, 2022 | $90.50M | -3.2% |
| Q2 FY2022 | Jun 30, 2022 | $225.80M | +39.9% |
| Q1 FY2022 | Mar 31, 2022 | $72.50M | -0.3% |
| Q4 FY2021 | Dec 31, 2021 | $60.00M | +22.2% |
| Q3 FY2021 | Sep 30, 2021 | $93.50M | +30.0% |
| Q2 FY2021 | Jun 30, 2021 | $161.40M | +643.8% |
| Q1 FY2021 | Mar 31, 2021 | $72.70M | +599.0% |
| Q4 FY2020 | Dec 31, 2020 | $49.10M | +37.9% |
| Q3 FY2020 | Sep 30, 2020 | $71.90M | +44.4% |
| Q2 FY2020 | Jun 30, 2020 | $21.70M | -87.8% |
| Q1 FY2020 | Mar 31, 2020 | $10.40M | -78.7% |
| Q4 FY2019 | Dec 31, 2019 | $35.60M | +19.5% |
| Q3 FY2019 | Sep 30, 2019 | $49.80M | +33.9% |
| Q2 FY2019 | Jun 30, 2019 | $177.90M | +17.1% |
| Q1 FY2019 | Mar 31, 2019 | $48.80M | +45.7% |
| Q4 FY2018 | Dec 31, 2018 | $29.80M | +170.9% |
| Q3 FY2018 | Sep 30, 2018 | $37.20M | -7.5% |
| Q2 FY2018 | Jun 30, 2018 | $151.90M | +10.3% |
| Q1 FY2018 | Mar 31, 2018 | $33.50M | +1.8% |
| Q4 FY2017 | Dec 31, 2017 | $11.00M | -81.5% |
| Q3 FY2017 | Sep 30, 2017 | $40.20M | – |
| Q2 FY2017 | Jun 30, 2017 | $137.70M | – |
| Q1 FY2017 | Mar 31, 2017 | $32.90M | – |
| Q4 FY2016 | Dec 31, 2016 | $59.60M | – |
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