Churchill Downs (CHDN) Accumulated Expenses (2010 - 2026)
Churchill Downs (CHDN) posted Accumulated Expenses of $370 million for Q2 2026, down 5.7% from $392.2 million a year earlier and down 6.8% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Accumulated Expenses (2010 - 2026) Analysis & Trends
At the end of FY2025, Churchill Downs' Accumulated Expenses came in at $400 million, down 0.5% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of 19.0% (FY2020 to FY2025).
- In prior years, Churchill Downs' Accumulated Expenses was $402 million in FY2024 (-5.8%), $426.8 million in FY2023 (+17.5%), $363.1 million in FY2022 (+56.7%) and $231.7 million in FY2021 (+38.1%).
- The Q2 2026 figure stands as the lowest quarterly Accumulated Expenses since Q2 2023.
- On a year-over-year basis, Accumulated Expenses has declined in each of the last five quarters, with an average decline of 2.7% over the last eight quarters.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q4 2022, with growth of 56.7%; the weakest was Q2 2025, with a decline of 6.4%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $397 million (Q1 2026), $400 million (Q4 2025) and $411.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 370.00 Mn |
| Mar 31, 2026 | 397.00 Mn |
| Dec 31, 2025 | 400.00 Mn |
| Sep 30, 2025 | 411.60 Mn |
| Jun 30, 2025 | 392.20 Mn |
| Mar 31, 2025 | 423.60 Mn |
| Dec 31, 2024 | 402.00 Mn |
| Sep 30, 2024 | 430.10 Mn |
| Jun 30, 2024 | 419.10 Mn |
| Mar 31, 2024 | 423.30 Mn |
| Dec 31, 2023 | 426.80 Mn |
| Sep 30, 2023 | 401.40 Mn |
| Jun 30, 2023 | 359.10 Mn |
| Mar 31, 2023 | 348.20 Mn |
| Dec 31, 2022 | 363.10 Mn |
| Sep 30, 2022 | 300.20 Mn |
| Jun 30, 2022 | 282.60 Mn |
| Mar 31, 2022 | 224.30 Mn |
| Dec 31, 2021 | 231.70 Mn |
| Sep 30, 2021 | 227.40 Mn |
API Access
Churchill Downs Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();