Churchill Downs (CHDN) Common Equity (2010 - 2026)
Churchill Downs (CHDN) reported Common Equity of $1.38 billion for Q3 2026, up 33.2% from $1.04 billion a year earlier and up 2.8% from the prior quarter.
Churchill Downs (CHDN) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025, Churchill Downs posted Common Equity of $1.01 billion, down 6.8% from FY2024.
- Common Equity has a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- By year, Common Equity came in at $1.08 billion in FY2024 (+21.3%), $893.6 million in FY2023 (+62.0%), $551.5 million in FY2022 (+79.8%) and $306.8 million in FY2021 (-16.4%).
- The Q3 2026 figure ranks as the highest quarterly Common Equity in data going back to Q4 2010.
- Year over year, Common Equity has now increased in each of the last three quarters, with growth averaging 13.0% over the last eight quarters.
- The high point for year-over-year Common Equity in five years was Q1 2023 (growth of 121.6%); the low point was Q4 2021 (a decline of 16.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.34 billion (Q2 2026), $1.1 billion (Q1 2026) and $1.01 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn | -344.00 Mn |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn | 8.16 Bn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 3.45 Bn |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn | 569.43 Mn |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn | -985.04 Mn |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn | 3.37 Bn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn | -263.30 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 423.00 Mn |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn | 1.38 Bn |
| 10 | Caesars Entertainment | 5.97 Bn | 2.39 Bn | 1.44 Bn | 3.45 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.38 Bn |
| Jun 30, 2026 | 1.34 Bn |
| Mar 31, 2026 | 1.10 Bn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 1.04 Bn |
| Jun 30, 2025 | 1.04 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 1.08 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.03 Bn |
| Mar 31, 2024 | 826.90 Mn |
| Dec 31, 2023 | 893.60 Mn |
| Sep 30, 2023 | 888.70 Mn |
| Jun 30, 2023 | 853.80 Mn |
| Mar 31, 2023 | 704.20 Mn |
| Dec 31, 2022 | 551.50 Mn |
| Sep 30, 2022 | 612.70 Mn |
| Jun 30, 2022 | 602.90 Mn |
| Mar 31, 2022 | 317.80 Mn |
| Dec 31, 2021 | 306.80 Mn |
Churchill Downs Common Equity 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=common-equity&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();