Churchill Downs (CHDN) Change in Taxes (2010 - 2026)
Churchill Downs' Change in Taxes was $44 million in Q2 2026, down 29.0% from $62 million a year earlier but up 300.0% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Change in Taxes (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Churchill Downs' Change in Taxes was -$29.5 million through Jun 30, 2026; for FY2025, it was -$3.5 million.
- In earlier years, Change in Taxes was -$4.5 million in FY2024, -$1.1 million in FY2023, $28.2 million in FY2022 (+118.6%) and $12.9 million in FY2021.
- Quarterly Change in Taxes has moved between -$99.1 million (Q4 2022) and $147.6 million (Q2 2022) over five years.
- Compared with a year earlier, Change in Taxes was higher in two of the last four quarters, with growth averaging 3.3%.
- The best year-over-year quarter for Change in Taxes over five years was Q2 2022 (growth of 387.1%); the worst was Q2 2023 (a decline of 85.3%).
- Per Business Quant data, CHDN's Change in Taxes in the three quarters before Q2 2026 was $11 million (Q1 2026), -$45.1 million (Q4 2025) and -$39.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | - |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | - |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | - |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 8.06 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | - |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 105.03 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | -8.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 44.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.00 Mn |
| Mar 31, 2026 | 11.00 Mn |
| Dec 31, 2025 | -45.10 Mn |
| Sep 30, 2025 | -39.40 Mn |
| Jun 30, 2025 | 62.00 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | -21.60 Mn |
| Sep 30, 2024 | -35.80 Mn |
| Jun 30, 2024 | 35.90 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | -7.10 Mn |
| Sep 30, 2023 | -35.60 Mn |
| Jun 30, 2023 | 21.70 Mn |
| Mar 31, 2023 | 19.90 Mn |
| Dec 31, 2022 | -99.10 Mn |
| Sep 30, 2022 | -26.70 Mn |
| Jun 30, 2022 | 147.60 Mn |
| Mar 31, 2022 | 6.40 Mn |
| Dec 31, 2021 | -10.90 Mn |
| Sep 30, 2021 | -15.70 Mn |
API Access
Churchill Downs Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();