Churchill Downs (CHDN) Debt Ratio (2010 - 2026)
Churchill Downs' (CHDN) quarterly Debt Ratio came in at 0.42 in Q1 2026, up 71.54% year-on-year from 0.24 in Q1 2025, and up 53.49% quarter-over-quarter from 0.27 in Q4 2025.
Churchill Downs (CHDN) Debt Ratio (2010 - 2026) Analysis & Trends
Churchill Downs' Debt Ratio history runs 17 years deep, the most recent figure standing at 0.42 for Q1 2026.
- On a quarterly basis, Debt Ratio rose 71.54% year-over-year to 0.42 in Q1 2026; TTM through Mar 2026 was 0.42, a 71.54% increase from a year earlier, with the FY2025 full-year figure at 0.27, up 8.78% from the prior year.
- Debt Ratio rose to 0.42 in Q1 2026 per CHDN's latest filing, from 0.27 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.54 in Q2 2022 and bottomed at 0.15 in Q3 2022.
- The 5-year median for Debt Ratio is 0.27 (2025), against an average of 0.32.
- Biggest YoY gain for Debt Ratio was 136.54% in 2022; the steepest drop was 66.14% in 2022.
- Year by year, Debt Ratio stood at 0.41 in 2022, then advanced by 10.98% to 0.45 in 2023, then slumped by 44.24% to 0.25 in 2024, then advanced by 8.78% to 0.27 in 2025, then jumped by 53.49% to 0.42 in 2026.
- Per Business Quant, the three latest CHDN Debt Ratio figures stand at 0.42 (Q1 2026), 0.27 (Q4 2025), and 0.27 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | 0.02 |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | 0.43 |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 0.13 |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | 0.02 |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 0.42 |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | - |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 0.42 |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 0.54 |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 0.77 |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | 0.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.24 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.66 |
| Sep 30, 2021 | 0.44 |
| Jun 30, 2021 | 0.23 |