Churchill Downs (CHDN) Capital Expenditures (2010 - 2026)
Churchill Downs (CHDN) posted Capital Expenditures of $39.0 million for Q2 2026, down 2.5% on a QoQ basis from $40.0 million in Q1 2026, and down 40.91% year-over-year from $66.0 million in Q2 2025.
Analysis
Churchill Downs (CHDN) Capital Expenditures (2010 - 2026) Analysis & Trends
Churchill Downs has reported Capital Expenditures for 17 years, with the latest figure at $39.0 million in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 40.91% year-over-year to $39.0 million in Q2 2026; TTM through Jun 2026 was $150.7 million, a 55.57% decrease from a year earlier, with the FY2025 full-year figure at $204.7 million, down 55.83% from the prior year.
- Capital Expenditures was $39.0 million for Q2 2026 at Churchill Downs, down from $40.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $163.5 million in Q3 2023, with the low at $33.0 million in Q4 2025.
- Average Capital Expenditures over 5 years is $95.5 million, with a median of $97.1 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures surged 1087.95% in 2022, then plunged 65.48% in 2025.
- Over 5 years, Capital Expenditures stood at $146.7 million in 2022, then grew by 4.36% to $153.1 million in 2023, then tumbled by 37.56% to $95.6 million in 2024, then slumped by 65.48% to $33.0 million in 2025, then rose by 18.18% to $39.0 million in 2026.
- The last three Capital Expenditures figures came in at $39.0 million (Q2 2026), $40.0 million (Q1 2026), and $33.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 332.00 Mn |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 241.38 Mn |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 153.02 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 167.00 Mn |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 39.00 Mn |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 141.93 Mn |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 139.78 Mn |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 97.40 Mn |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 5.15 Mn |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | -59.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.00 Mn |
| Mar 31, 2026 | 40.00 Mn |
| Dec 31, 2025 | 33.00 Mn |
| Sep 30, 2025 | 38.70 Mn |
| Jun 30, 2025 | 66.00 Mn |
| Mar 31, 2025 | 67.00 Mn |
| Dec 31, 2024 | 95.60 Mn |
| Sep 30, 2024 | 110.60 Mn |
| Jun 30, 2024 | 114.60 Mn |
| Mar 31, 2024 | 142.60 Mn |
| Dec 31, 2023 | 153.10 Mn |
| Sep 30, 2023 | 163.50 Mn |
| Jun 30, 2023 | 159.30 Mn |
| Mar 31, 2023 | 122.90 Mn |
| Dec 31, 2022 | 146.70 Mn |
| Sep 30, 2022 | 82.50 Mn |
| Jun 30, 2022 | 98.60 Mn |
| Mar 31, 2022 | 45.50 Mn |
| Dec 31, 2021 | 22.50 Mn |
| Sep 30, 2021 | 13.90 Mn |