Churchill Downs (CHDN) Debt to Equity (2010 - 2026)

Churchill Downs' Debt to Equity history runs 17 years deep, the most recent figure standing at $1.68 for Q1 2026.

• In Q1 2026, Debt to Equity fell 42.51% year-over-year to $1.68; the TTM figure through Mar 2026 stood at $1.68 (down 42.51% YoY), while the FY2025 annual figure was $3.11, up 7.49% from the prior year.
• Debt to Equity was $1.68 for Q1 2026 at Churchill Downs, down from $3.11 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $4.14 in Q2 2022 to a low of $1.68 in Q1 2026.
• Historically, Debt to Equity has averaged $2.93 across 5 years, with a median of $3.02 in 2025.
• Biggest YoY gain for Debt to Equity was 75.27% in 2022; the steepest drop was 66.96% in 2022.
• A 5-year view of Debt to Equity shows it stood at $3.86 in 2022, then tumbled by 48.82% to $1.98 in 2023, then soared by 46.61% to $2.9 in 2024, then grew by 7.49% to $3.11 in 2025, then plunged by 45.89% to $1.68 in 2026.
• The last three Debt to Equity figures came in at $1.68 (Q1 2026), $3.11 (Q4 2025), and $3.04 (Q3 2025), per Business Quant data.