Churchill Downs (CHDN) Capital Expenditures (2010 - 2026)
Churchill Downs (CHDN) recorded quarterly Capital Expenditures of $19.0 million in Q1 2026, up 9.83% quarter-over-quarter from $17.3 million in Q4 2025, and down 71.64% on a YoY basis from $67.0 million in Q1 2025.
Churchill Downs (CHDN) Capital Expenditures (2010 - 2026) Analysis & Trends
Churchill Downs' Capital Expenditures history runs 17 years deep, the most recent figure standing at $19.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures fell 71.64% year-over-year to $19.0 million; the TTM figure through Mar 2026 stood at $22.2 million (down 95.71% YoY), while the FY2025 annual figure was $70.2 million, down 84.85% from the prior year.
- Capital Expenditures was $19.0 million for Q1 2026 at Churchill Downs, up from $17.3 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $333.0 million in Q3 2024 to a low of -$35.5 million in Q2 2025.
- Historically, Capital Expenditures has averaged $89.7 million across 5 years, with a median of $82.5 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures jumped 1189.06% in 2022, then sank 258.48% in 2025.
- A 5-year view of Capital Expenditures shows it stood at $146.7 million in 2022, then climbed by 4.36% to $153.1 million in 2023, then plunged by 37.56% to $95.6 million in 2024, then sank by 81.9% to $17.3 million in 2025, then increased by 9.83% to $19.0 million in 2026.
- The last three Capital Expenditures figures came in at $19.0 million (Q1 2026), $17.3 million (Q4 2025), and $21.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 25.00 Mn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 7.09 Mn |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 19.00 Mn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 7.96 Mn |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | -110.00 Mn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 22.86 Mn |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | 765,940.63 |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | 3.70 Mn |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.00 Mn |
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 17.30 Mn |
| Dec 31, 2025 | 17.30 Mn |
| Sep 30, 2025 | 21.40 Mn |
| Sep 30, 2025 | 21.40 Mn |
| Jun 30, 2025 | -35.50 Mn |
| Jun 30, 2025 | -35.50 Mn |
| Mar 31, 2025 | 67.00 Mn |
| Mar 31, 2025 | 67.00 Mn |
| Dec 31, 2024 | 95.60 Mn |
| Dec 31, 2024 | 95.60 Mn |
| Sep 30, 2024 | 333.00 Mn |
| Sep 30, 2024 | 333.00 Mn |
| Jun 30, 2024 | 22.40 Mn |
| Jun 30, 2024 | 22.40 Mn |
| Mar 31, 2024 | 12.40 Mn |
| Mar 31, 2024 | 12.40 Mn |
| Dec 31, 2023 | 153.10 Mn |
| Dec 31, 2023 | 153.10 Mn |