Churchill Downs (CHDN) Debt Ratio (2010 - 2026)
Churchill Downs' quarterly Debt Ratio came in at 0.25 in Q1 2026, down 42.3% year-on-year from 0.43 in Q1 2025, and down 41.28% quarter-over-quarter from 0.42 in Q4 2025.
Churchill Downs has reported Debt Ratio for 17 years, with the latest figure at 0.25 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 42.3% year-over-year to 0.25; the trailing twelve-month figure through Mar 2026 stood at 0.25 (down 42.3% YoY), and the FY2025 full-year result was 0.42, down 2.65% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.25, down from 0.42 in the prior quarter.
- The five-year high for Debt Ratio was 0.54 in Q2 2022, with the low at 0.22 in Q1 2022.
- Average Debt Ratio over 5 years is 0.38, with a median of 0.42 recorded in 2025.
- Year-over-year, Debt Ratio slumped 56.37% in 2023 and jumped 85.9% in 2024.
- Tracing CHDN's Debt Ratio over 5 years: stood at 0.34 in 2022, then fell by 26.0% to 0.25 in 2023, then jumped by 70.02% to 0.43 in 2024, then dropped by 2.65% to 0.42 in 2025, then slumped by 41.28% to 0.25 in 2026.
- The last three Debt Ratio figures came in at 0.25 (Q1 2026), 0.42 (Q4 2025), and 0.42 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 0.42 |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 0.13 |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 0.25 |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | - |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | 0.46 |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 0.52 |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | 0.02 |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | 0.04 |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | 0.77 |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.42 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.24 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.53 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.44 |
| Jun 30, 2021 | 0.44 |
| Mar 31, 2021 | 0.47 |
| Dec 31, 2020 | 0.18 |
| Sep 30, 2020 | 0.33 |
| Jun 30, 2020 | 0.34 |
| Mar 31, 2020 | 0.34 |
| Dec 31, 2019 | 0.43 |
| Sep 30, 2019 | 0.43 |
| Jun 30, 2019 | 0.42 |
| Mar 31, 2019 | 0.16 |
| Dec 31, 2018 | 0.29 |
| Sep 30, 2018 | 0.29 |
| Jun 30, 2018 | 0.29 |
| Mar 31, 2018 | 0.31 |
| Dec 31, 2017 | 0.21 |
| Sep 30, 2017 | 0.27 |
| Jun 30, 2017 | 0.28 |
| Mar 31, 2017 | 0.27 |
| Dec 31, 2016 | 0.27 |
| Sep 30, 2016 | 0.28 |
| Jun 30, 2016 | 0.15 |
| Mar 31, 2016 | 0.19 |
| Dec 31, 2015 | 0.38 |
| Sep 30, 2015 | 0.14 |
| Jun 30, 2015 | 0.14 |
| Mar 31, 2015 | 0.17 |
| Dec 31, 2014 | 0.20 |
| Sep 30, 2014 | 0.29 |
| Jun 30, 2014 | 0.27 |
| Mar 31, 2014 | 0.27 |
| Dec 31, 2013 | 0.05 |
| Sep 30, 2013 | 0.25 |
| Jun 30, 2013 | 0.14 |
| Mar 31, 2013 | 0.17 |
| Dec 31, 2012 | 0.19 |
| Sep 30, 2012 | 0.07 |
| Jun 30, 2012 | 0.07 |
| Mar 31, 2012 | 0.11 |
| Dec 31, 2011 | 0.13 |
| Jun 30, 2011 | 0.19 |
| Dec 31, 2010 | 0.01 |