Churchill Downs (CHDN) Debt to Equity (2010 - 2026)
Churchill Downs' quarterly Debt to Equity came in at $1.68 in Q1 2026, down 42.51% year-on-year from $2.93 in Q1 2025, and down 45.89% quarter-over-quarter from $3.11 in Q4 2025.
Churchill Downs has reported Debt to Equity for 17 years, with the latest figure at $1.68 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 42.51% year-over-year to $1.68; the trailing twelve-month figure through Mar 2026 stood at $1.68 (down 42.51% YoY), and the FY2025 full-year result was $3.11, up 7.49% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.68, down from $3.11 in the prior quarter.
- The five-year high for Debt to Equity was $4.14 in Q2 2022, with the low at $1.68 in Q1 2026.
- Average Debt to Equity over 5 years is $2.93, with a median of $3.02 recorded in 2025.
- Peak annual rise in Debt to Equity reached 75.27% in 2022, while the deepest fall reached 66.96% in 2022.
- Tracing CHDN's Debt to Equity over 5 years: stood at $3.86 in 2022, then slumped by 48.82% to $1.98 in 2023, then jumped by 46.61% to $2.9 in 2024, then increased by 7.49% to $3.11 in 2025, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 1.29 |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 0.95 |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 1.68 |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | - |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | 2.63 |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 2.04 |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | 0.06 |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | 0.06 |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | -26.31 |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.68 |
| Dec 31, 2025 | 3.11 |
| Sep 30, 2025 | 3.04 |
| Jun 30, 2025 | 3.02 |
| Mar 31, 2025 | 2.93 |
| Dec 31, 2024 | 2.90 |
| Sep 30, 2024 | 2.86 |
| Jun 30, 2024 | 3.05 |
| Mar 31, 2024 | 3.80 |
| Dec 31, 2023 | 1.98 |
| Sep 30, 2023 | 1.86 |
| Jun 30, 2023 | 1.82 |
| Mar 31, 2023 | 3.62 |
| Dec 31, 2022 | 3.86 |
| Sep 30, 2022 | 4.07 |
| Jun 30, 2022 | 4.14 |
| Mar 31, 2022 | 2.12 |
| Dec 31, 2021 | 2.20 |
| Sep 30, 2021 | 3.83 |
| Jun 30, 2021 | 4.09 |
| Mar 31, 2021 | 6.42 |
| Dec 31, 2020 | 1.46 |
| Sep 30, 2020 | 2.93 |
| Jun 30, 2020 | 3.35 |
| Mar 31, 2020 | 2.47 |
| Dec 31, 2019 | 2.13 |
| Sep 30, 2019 | 1.98 |
| Jun 30, 2019 | 1.97 |
| Mar 31, 2019 | 0.85 |
| Dec 31, 2018 | 1.05 |
| Sep 30, 2018 | 0.97 |
| Jun 30, 2018 | 1.10 |
| Mar 31, 2018 | 1.44 |
| Dec 31, 2017 | 0.78 |
| Sep 30, 2017 | 1.01 |
| Jun 30, 2017 | 1.05 |
| Mar 31, 2017 | 0.89 |
| Dec 31, 2016 | 0.89 |
| Sep 30, 2016 | 0.90 |
| Jun 30, 2016 | 0.49 |
| Mar 31, 2016 | 0.67 |
| Dec 31, 2015 | 1.41 |
| Sep 30, 2015 | 0.41 |
| Jun 30, 2015 | 0.41 |
| Mar 31, 2015 | 0.57 |
| Dec 31, 2014 | 0.67 |
| Sep 30, 2014 | 0.54 |
| Jun 30, 2014 | 0.52 |
| Mar 31, 2014 | 0.52 |
| Dec 31, 2013 | 0.10 |
| Sep 30, 2013 | 0.45 |
| Jun 30, 2013 | 0.22 |
| Mar 31, 2013 | 0.29 |
| Dec 31, 2012 | 0.33 |
| Sep 30, 2012 | 0.11 |
| Jun 30, 2012 | 0.10 |
| Mar 31, 2012 | 0.18 |
| Dec 31, 2011 | 0.22 |
| Jun 30, 2011 | 0.33 |
| Dec 31, 2010 | 0.03 |