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 | 28.03 Bn | 24.65 Bn | 1.81 Bn | 0.77 |
| 2 | MGM Resorts International | 10.36 Bn | 7.81 Bn | 3.10 Bn | 0.15 |
| 3 | Wynn Resorts | 9.12 Bn | 7.55 Bn | 1.14 Bn | 0.92 |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 0.38 |
| 5 | Churchill Downs | 5.78 Bn | 5.59 Bn | 712.00 Mn | 0.42 |
| 6 | Boyd Gaming | 5.69 Bn | 5.36 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 | 2.15 Bn | 2.01 Bn | 38.62 Mn | - |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.41 Bn | 1.05 Bn | 0.81 |
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 | 0.66 |
| Sep 30, 2021 | 0.44 |