CHDNNasdaqServices-Racing, Including Track OperationFiscal year ends December 31

Churchill Downs Inc

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026

$81.97+0.27 (+0.33%)

Close on Oct 19, 2026

Market cap: $5.74B
P/E (TTM): 14.1
Dividend yield: 0.53%

Churchill Downs Inc income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	2,926	2,734	2,462	1,810	1,597	1,054	1,330	1,009	883	822	799	812	0	0	0	585	471
Research & Development	–	–	–	–	–	–	–	–	–	39	39	0	0	–	–	–	–
Selling, General & Admin	246	238	202	164	139	115	122	91	84	79	76	76	83	74	66	62	51
Advertising Expenses	102	91	83	53	75	31	42	29	25	151	131	29	24	6.90	6.80	–	–
Operating Expenses	2,242	2,025	1,898	1,488	1,313	994	1,114	820	737	650	672	722	–	–	–	–	–
Operating Income	684	709	564	322	284	60	216	189	146	173	126	90	90	97	81	32	35
Interest Expense	298	290	268	147	85	80	71	40	49	44	29	21	6.23	4.53	8.92	6.18	1.66
Interest & Investment Income	–	–	–	–	–	–	–	–	–	–	0.04	0.02	0.11	0.09	0.47	0.19	0.90
Income from Equity Investments	139	145	146	153	143	28	51	30	26	17	11	6.30	-4.14	-1.70	-1.11	-0.57	-0.96
Other Non-Operating Income	-151	-136	-2.20	287	59	-52	-19	45	-43	-25	-11	-14	-4.59	-5.32	14	-3.67	-0.22
Asset Impairment Charges	48	3.90	25	38	15	18	0	0	22	0	0	4.84	0	0	0.51	1.60	–
Gain (Loss) on Sale of Assets	0	0	114	275	0	0	0	220	0	24	0	0	0.50	0.13	-0.05	-0.37	-0.12
Pretax Income	532	573	562	609	344	8.00	196	234	103	147	115	77	86	91	95	28	35
Income Tax Expense	147	144	145	169	95	-5.30	57	51	-20	51	45	30	30	33	34	8.34	17
Income from Continuing Operations	–	–	–	439	249	13	140	183	122	97	71	46	55	58	61	20	18
Income from Discontinued Operations	–	–	–	0	0	-95	-2.40	170	18	11	-5.60	0	-0.13	0.12	3.56	-3.20	-0.85
Net Income incl. Noncontrolling Interests	386	429	417	439	249	-82	137	353	141	–	–	–	–	–	–	–	–
Minority Interest in Earnings	2.50	2.30	0	0	0	-0.20	-0.30	0	0	–	–	–	–	–	–	–	–
Net Income	383	427	417	439	249	-82	138	353	141	108	65	46	55	58	64	16	17
Net Income to Common	380	424	417	439	249	-82	138	353	140	107	65	46	54	58	63	16	–
EPS (Basic)(per share)	–	–	5.55	5.79	3.22	-1.04	1.72	4.27	1.49	1.09	0.63	0.45	0.52	0.57	0.63	0.18	0.20
EPS (Diluted)(per share)	–	–	5.49	5.71	3.18	-1.04	1.69	4.24	1.46	1.07	0.62	0.44	0.51	0.56	0.63	0.18	0.20
Shares Outstanding (Basic, Weighted)(shares)	71	74	75	76	77	79	80	83	94	99	103	104	104	102	100	91	81
Shares Outstanding (Diluted, Weighted)(shares)	72	75	76	77	78	80	81	83	96	101	106	106	108	105	103	94	84
Dividend per Share(per share)	0.44	0.41	0.38	0.36	0.33	0.31	0.29	0.27	0.25	0.22	0.19	0.17	0.15	0.12	0.10	0.08	0.08
EBITDA	917	908	733	436	388	153	312	252	243	281	236	159	152	152	136	78	65
Net Interest Income	-298	-290	-268	-147	-85	-80	-71	–	–	-44	-29	-21	-6.12	-4.44	-8.46	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 24.1%
Net margin: 13.8%
Return on equity, FY2025: 36.6%

Financial strength

Current ratio: 0.36
Debt to equity: 3.56
Debt to assets: 63.5%
Cash to current liabilities: 14.4%

Valuation

P/E ratio: 14.1
Price to sales: 1.92
Price to book: 4.28
Dividend yield: 0.53%