Churchill Downs (CHDN) Deferred Taxes (2016 - 2026)
Churchill Downs' Deferred Taxes came in at $20 million for Q3 2026, down 63.0% from $54 million a year earlier and down 13.0% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Deferred Taxes (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Churchill Downs reported Deferred Taxes of $90.8 million, up 24.6% year-over-year; for FY2025, it was $86.8 million, up 95.1% from FY2024.
- Deferred Taxes carries a five-year compound annual growth rate of 23.4% (FY2020 to FY2025).
- Going back by year, Deferred Taxes was $44.5 million in FY2024 (-6.1%), $47.4 million in FY2023 (-56.4%), $108.7 million in FY2022 and $9.8 million in FY2021 (-67.7%).
- The five-year range for quarterly Deferred Taxes is -$3 million (Q4 2021) to $82 million (Q4 2022).
- Year-over-year, Deferred Taxes increased in four of the last six quarters, with growth averaging 247.9%.
- The fastest year-over-year change in Deferred Taxes over five years came in Q4 2024 (growth of 609.5%), and the weakest in Q4 2023 (a decline of 97.4%).
- Business Quant data shows CHDN's Deferred Taxes at $23 million (Q2 2026), $19 million (Q1 2026) and $28.8 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn | 9.00 Mn |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn | -149.00 Mn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn | 33.90 Mn |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn | - |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn | 1.50 Mn |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn | -19.40 Mn |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn | 1.99 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | - |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn | 20.00 Mn |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn | -10.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.00 Mn |
| Jun 30, 2026 | 23.00 Mn |
| Mar 31, 2026 | 19.00 Mn |
| Dec 31, 2025 | 28.80 Mn |
| Sep 30, 2025 | 54.00 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Dec 31, 2024 | 14.90 Mn |
| Sep 30, 2024 | 9.90 Mn |
| Jun 30, 2024 | 14.80 Mn |
| Mar 31, 2024 | 4.90 Mn |
| Dec 31, 2023 | 2.10 Mn |
| Sep 30, 2023 | 12.90 Mn |
| Jun 30, 2023 | -800,000.00 |
| Mar 31, 2023 | 33.20 Mn |
| Dec 31, 2022 | 82.00 Mn |
| Sep 30, 2022 | 6.30 Mn |
| Jun 30, 2022 | 10.20 Mn |
| Mar 31, 2022 | 10.20 Mn |
| Dec 31, 2021 | -3.00 Mn |
| Sep 30, 2021 | 5.40 Mn |
API Access
Churchill Downs Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();