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
DateValue
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