Churchill Downs CHDN
NASDAQ CHDN
$82.61 -1.52 (-1.81%)
As of: Sep 10, 2026 · 1:47 PM EDT

Churchill Downs (CHDN) Debt Ratio (2010 - 2026)

Churchill Downs (CHDN) posted Debt Ratio of 0.42 for Q2 2026, little changed on a QoQ basis from 0.42 in Q1 2026, and down 1.8% year-over-year from 0.43 in Q2 2025.

Analysis

Churchill Downs (CHDN) Debt Ratio (2010 - 2026) Analysis & Trends

Churchill Downs has reported Debt Ratio for 17 years, with the latest figure at 0.42 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 1.8% year-over-year to 0.42 in Q2 2026; TTM through Jun 2026 was 0.42, a 1.8% decrease from a year earlier, with the FY2025 full-year figure at 0.42, down 2.65% from the prior year.
  • Debt Ratio was 0.42 for Q2 2026 at Churchill Downs, roughly flat from 0.42 in the prior quarter.
  • The five-year high for Debt Ratio was 0.54 in Q2 2022, with the low at 0.41 in Q1 2023.
  • Average Debt Ratio over 5 years is 0.44, with a median of 0.43 recorded in 2022.
  • The largest YoY upside for Debt Ratio was 23.56% in 2022 against a maximum downside of 38.61% in 2022.
  • Over 5 years, Debt Ratio stood at 0.41 in 2022, then climbed by 10.98% to 0.45 in 2023, then dropped by 4.4% to 0.43 in 2024, then dropped by 2.65% to 0.42 in 2025, then fell by 0.42% to 0.42 in 2026.
  • The last three Debt Ratio figures came in at 0.42 (Q2 2026), 0.42 (Q1 2026), and 0.42 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Las Vegas Sands 28.01 Bn 24.63 Bn 1.81 Bn 0.77
2 MGM Resorts International 10.41 Bn 7.86 Bn 3.10 Bn 0.15
3 Wynn Resorts 9.17 Bn 7.59 Bn 1.14 Bn 0.92
4 Caesars Entertainment 6.05 Bn 4.99 Bn 2.04 Bn 0.38
5 Churchill Downs 5.79 Bn 5.59 Bn 712.00 Mn 0.42
6 Boyd Gaming 5.66 Bn 5.33 Bn 766.76 Mn 0.39
7 Red Rock Resorts 3.16 Bn 2.55 Bn 420.02 Mn 0.82
8 PENN Entertainment 2.27 Bn 1.38 Bn 1.02 Bn 0.20
9 Monarch Casino & Resort 2.14 Bn 2.00 Bn 38.62 Mn -
10 Melco Resorts & Entertainment 1.99 Bn 1.41 Bn 1.05 Bn 0.81
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.42
Mar 31, 2026 0.42
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 0.45
Sep 30, 2023 0.46
Jun 30, 2023 0.48
Mar 31, 2023 0.41
Dec 31, 2022 0.41
Sep 30, 2022 0.53
Jun 30, 2022 0.54
Mar 31, 2022 0.43
Dec 31, 2021 0.66
Sep 30, 2021 0.44