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 profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Churchill Downs's profit margin for the twelve months ending Sep 30, 2026 was 15.1%. For fiscal 2025 it was 13.1%, against 15.6% the year before. The highest annual figure on record is 35.0% in fiscal 2018.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13.1% | −2.5 |
| FY2024 | Dec 31, 2024 | 15.6% | −1.3 |
| FY2023 | Dec 31, 2023 | 17.0% | −7.3 |
| FY2022 | Dec 31, 2022 | 24.3% | +8.7 |
| FY2021 | Dec 31, 2021 | 15.6% | +23.4 |
| FY2020 | Dec 31, 2020 | -7.8% | −18.1 |
| FY2019 | Dec 31, 2019 | 10.3% | −24.6 |
| FY2018 | Dec 31, 2018 | 35.0% | +19.0 |
| FY2017 | Dec 31, 2017 | 15.9% | +2.8 |
| FY2016 | Dec 31, 2016 | 13.1% | +5.0 |
| FY2015 | Dec 31, 2015 | 8.2% | +2.5 |
| FY2014 | Dec 31, 2014 | 5.7% | +2.9 |
| FY2010 | Dec 31, 2010 | 2.8% | −0.8 |
| FY2009 | Dec 31, 2009 | 3.6% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 11.5% | +5.9 |
| Q2 FY2026 | Jun 30, 2026 | 24.6% | +1.4 |
| Q1 FY2026 | Mar 31, 2026 | 12.5% | +0.5 |
| Q4 FY2025 | Dec 31, 2025 | 7.7% | −3.8 |
| Q3 FY2025 | Sep 30, 2025 | 5.6% | −4.8 |
| Q2 FY2025 | Jun 30, 2025 | 23.2% | −0.3 |
| Q1 FY2025 | Mar 31, 2025 | 12.0% | −1.6 |
| Q4 FY2024 | Dec 31, 2024 | 11.5% | +1.2 |
| Q3 FY2024 | Sep 30, 2024 | 10.4% | −0.2 |
| Q2 FY2024 | Jun 30, 2024 | 23.5% | +4.9 |
| Q1 FY2024 | Mar 31, 2024 | 13.6% | −14.2 |
| Q4 FY2023 | Dec 31, 2023 | 10.3% | +10.1 |
| Q3 FY2023 | Sep 30, 2023 | 10.7% | −4.2 |
| Q2 FY2023 | Jun 30, 2023 | 18.6% | −39.6 |
| Q1 FY2023 | Mar 31, 2023 | 27.8% | +16.3 |
| Q4 FY2022 | Dec 31, 2022 | 0.2% | −11.7 |
| Q3 FY2022 | Sep 30, 2022 | 14.9% | −0.7 |
| Q2 FY2022 | Jun 30, 2022 | 58.2% | +37.2 |
| Q1 FY2022 | Mar 31, 2022 | 11.6% | +0.4 |
| Q4 FY2021 | Dec 31, 2021 | 11.9% | +5.7 |
| Q3 FY2021 | Sep 30, 2021 | 15.6% | +2.8 |
| Q2 FY2021 | Jun 30, 2021 | 21.0% | +85.2 |
| Q1 FY2021 | Mar 31, 2021 | 11.1% | +20.4 |
| Q4 FY2020 | Dec 31, 2020 | 6.1% | +4.7 |
| Q3 FY2020 | Sep 30, 2020 | 12.8% | +8.0 |
| Q2 FY2020 | Jun 30, 2020 | -64.2% | −86.6 |
| Q1 FY2020 | Mar 31, 2020 | -9.3% | −13.6 |
| Q4 FY2019 | Dec 31, 2019 | 1.4% | −3.8 |
| Q3 FY2019 | Sep 30, 2019 | 4.8% | −20.6 |
| Q2 FY2019 | Jun 30, 2019 | 22.4% | −4.7 |
| Q1 FY2019 | Mar 31, 2019 | 4.4% | −91.8 |
| Q4 FY2018 | Dec 31, 2018 | 5.2% | −16.1 |
| Q3 FY2018 | Sep 30, 2018 | 25.4% | +17.0 |
| Q2 FY2018 | Jun 30, 2018 | 27.2% | +4.1 |
| Q1 FY2018 | Mar 31, 2018 | 96.1% | +91.8 |
| Q4 FY2017 | Dec 31, 2017 | 21.4% | +4.8 |
| Q3 FY2017 | Sep 30, 2017 | 8.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 23.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 4.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 16.6% | – |
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