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| Date | Value |
|---|---|
| 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 |