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

Churchill Downs' Debt Ratio history runs 17 years deep, the most recent figure standing at 0.25 for Q1 2026.

• In Q1 2026, Debt Ratio fell 42.3% year-over-year to 0.25; the TTM figure through Mar 2026 stood at 0.25 (down 42.3% YoY), while the FY2025 annual figure was 0.42, down 2.65% from the prior year.
• Debt Ratio was 0.25 for Q1 2026 at Churchill Downs, down from 0.42 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.54 in Q2 2022 to a low of 0.22 in Q1 2022.
• Historically, Debt Ratio has averaged 0.38 across 5 years, with a median of 0.42 in 2025.
• The sharpest annual moves came in 2023 and 2024: Debt Ratio slumped 56.37% in 2023, then surged 85.9% in 2024.
• A 5-year view of Debt Ratio shows it stood at 0.34 in 2022, then declined by 26.0% to 0.25 in 2023, then soared by 70.02% to 0.43 in 2024, then slipped by 2.65% to 0.42 in 2025, then tumbled 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.