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
DateValue
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