Churchill Downs (CHDN) Capital Expenditures (2010 - 2026)

Churchill Downs' (CHDN) quarterly Capital Expenditures came in at $40.0 million in Q1 2026, down 40.3% year-on-year from $67.0 million in Q1 2025, and up 139.41% quarter-over-quarter from -$101.5 million in Q4 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 $40.0 million for Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 40.3% year-over-year to $40.0 million in Q1 2026; TTM through Mar 2026 was $43.2 million, a 91.66% decrease from a year earlier, with the FY2025 full-year figure at $70.2 million, down 84.85% from the prior year.
  • Capital Expenditures grew to $40.0 million in Q1 2026 per CHDN's latest filing, from -$101.5 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $415.5 million in Q3 2023 and bottomed at -$207.4 million in Q3 2024.
  • The 5-year median for Capital Expenditures is $67.0 million (2025), against an average of $90.9 million.
  • Across the five-year window, Capital Expenditures soared 1516.39% in 2022 and plunged 194.02% in 2023, its largest moves.
  • Year by year, Capital Expenditures stood at $146.7 million in 2022, then climbed by 4.36% to $153.1 million in 2023, then surged by 170.15% to $413.6 million in 2024, then slumped by 124.54% to -$101.5 million in 2025, then soared by 139.41% to $40.0 million in 2026.
  • Per Business Quant, the three latest CHDN Capital Expenditures figures stand at $40.0 million (Q1 2026), -$101.5 million (Q4 2025), and $38.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Codere Online Luxembourg 425.84 Bn 425.77 Bn - -
2 Flutter Entertainment 19.13 Bn 17.62 Bn 1.84 Bn 25.00 Mn
3 DraftKings 12.12 Bn 11.11 Bn 696.69 Mn 7.09 Mn
4 Super Group (SGHC) 7.57 Bn 7.15 Bn - -
5 Churchill Downs 6.27 Bn 6.17 Bn 464.00 Mn 40.00 Mn
6 Rush Street Interactive 3.15 Bn 2.82 Bn 132.17 Mn 252,000.00
7 Brightstar Lottery 1.94 Bn 670.63 Mn 297.00 Mn -110.00 Mn
8 Accel Entertainment 1.02 Bn 746.37 Mn 350.92 Mn 22.86 Mn
9 Inspired Entertainment 207.07 Mn 163.57 Mn 54.60 Mn 3.70 Mn
10 Gambling.com 58.26 Mn 42.45 Mn 39.34 Mn -127,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 40.00 Mn
Mar 31, 2026 40.00 Mn
Dec 31, 2025 -101.50 Mn
Dec 31, 2025 -101.50 Mn
Sep 30, 2025 38.40 Mn
Sep 30, 2025 38.40 Mn
Jun 30, 2025 66.30 Mn
Jun 30, 2025 66.30 Mn
Mar 31, 2025 67.00 Mn
Mar 31, 2025 67.00 Mn
Dec 31, 2024 413.60 Mn
Dec 31, 2024 413.60 Mn
Sep 30, 2024 -207.40 Mn
Sep 30, 2024 -207.40 Mn
Jun 30, 2024 244.80 Mn
Jun 30, 2024 244.80 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