Churchill Downs (CHDN) Debt Ratio (2010 - 2026)
Churchill Downs' (CHDN) Debt Ratio stood at 0.42 in Q2 2026, down 1.8% from 0.43 a year earlier and down 0.4% from the prior quarter.
Analysis
Churchill Downs (CHDN) Debt Ratio (2010 - 2026) Analysis & Trends
Starting with Q4 2010, Churchill Downs' Debt Ratio history includes 62 quarters.
- Across earlier years, Debt Ratio came in at 0.43 in FY2024 (-4.4%), 0.45 in FY2023 (+11.0%), 0.41 in FY2022 (-6.7%) and 0.44 in FY2021 (+19.0%).
- The Q2 2026 figure is the lowest quarterly Debt Ratio since Q1 2023.
- On a year-over-year basis, Debt Ratio has declined for nine consecutive quarters, with an average decline of 3.3% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 30.6% in Q3 2021, against a decline of 13.0% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.42 (Q1 2026), 0.42 (Q4 2025) and 0.42 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 0.77 |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 0.13 |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 0.42 |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 0.17 |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 0.18 |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 0.81 |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 0.15 |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 0.37 |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 0.02 |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 0.44 |
| Sep 30, 2021 | 0.44 |
API Access
Churchill Downs Debt Ratio 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=debt-ratio&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();