Churchill Downs (CHDN) EBIT Margin (2010 - 2026)
Churchill Downs' quarterly EBIT Margin came in at 21.57% in Q1 2026, up 57.0% year-on-year from 13.74% in Q1 2025, and up 16.3% quarter-over-quarter from 18.55% in Q4 2025.
Churchill Downs has reported EBIT Margin for 17 years, with the latest figure at 21.57% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin rose 57.0% year-over-year to 21.57%; the trailing twelve-month figure through Mar 2026 stood at 23.49% (down 226.0% YoY), and the FY2025 full-year result was 23.37%, down 256.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 21.57%, up from 18.55% in the prior quarter.
- The five-year high for EBIT Margin was 37.05% in Q2 2024, with the low at 2.44% in Q4 2022.
- Average EBIT Margin over 5 years is 21.46%, with a median of 20.31% recorded in 2024.
- Year-over-year, EBIT Margin sank 708 bps in 2022 and surged 1649 bps in 2023.
- Tracing CHDN's EBIT Margin over 5 years: stood at 2.44% in 2022, then soared by 677 bps to 18.92% in 2023, then climbed by 7 bps to 20.31% in 2024, then dropped by 9 bps to 18.55% in 2025, then climbed by 16 bps to 21.57% in 2026.
- The last three EBIT Margin figures came in at 21.57% (Q1 2026), 18.55% (Q4 2025), and 14.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 1.84% |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 0.36% |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 21.57% |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 11.55% |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 7.70% |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | -38.10% |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | 16.08% |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.57% |
| Dec 31, 2025 | 18.55% |
| Sep 30, 2025 | 14.35% |
| Jun 30, 2025 | 35.07% |
| Mar 31, 2025 | 21.00% |
| Dec 31, 2024 | 20.31% |
| Sep 30, 2024 | 20.03% |
| Jun 30, 2024 | 37.05% |
| Mar 31, 2024 | 21.37% |
| Dec 31, 2023 | 18.92% |
| Sep 30, 2023 | 19.62% |
| Jun 30, 2023 | 29.36% |
| Mar 31, 2023 | 21.43% |
| Dec 31, 2022 | 2.44% |
| Sep 30, 2022 | 16.44% |
| Jun 30, 2022 | 34.28% |
| Mar 31, 2022 | 13.02% |
| Dec 31, 2021 | 9.51% |
| Sep 30, 2021 | 17.20% |
| Jun 30, 2021 | 26.29% |
| Mar 31, 2021 | 14.40% |
| Dec 31, 2020 | 8.16% |
| Sep 30, 2020 | 14.65% |
| Jun 30, 2020 | -0.22% |
| Mar 31, 2020 | -4.59% |
| Dec 31, 2019 | 1.25% |
| Sep 30, 2019 | 9.08% |
| Jun 30, 2019 | 32.76% |
| Mar 31, 2019 | 10.55% |
| Dec 31, 2018 | 5.48% |
| Sep 30, 2018 | 9.26% |
| Jun 30, 2018 | 36.00% |
| Mar 31, 2018 | 10.41% |
| Dec 31, 2017 | -7.15% |
| Sep 30, 2017 | 13.61% |
| Jun 30, 2017 | 36.34% |
| Mar 31, 2017 | 5.01% |
| Dec 31, 2016 | 20.02% |
| Sep 30, 2016 | 7.73% |
| Jun 30, 2016 | 36.26% |
| Mar 31, 2016 | 7.52% |
| Dec 31, 2015 | 0.55% |
| Sep 30, 2015 | 3.36% |
| Jun 30, 2015 | 25.88% |
| Mar 31, 2015 | -1.63% |
| Dec 31, 2014 | -8.15% |
| Sep 30, 2014 | 4.83% |
| Jun 30, 2014 | 31.03% |
| Mar 31, 2014 | 0.94% |
| Dec 31, 2013 | -3.28% |
| Sep 30, 2013 | 5.53% |
| Jun 30, 2013 | 28.96% |
| Mar 31, 2013 | 2.06% |
| Dec 31, 2012 | 1.80% |
| Sep 30, 2012 | 4.74% |
| Jun 30, 2012 | 30.35% |
| Mar 31, 2012 | 2.69% |
| Dec 31, 2011 | 4.22% |
| Sep 30, 2011 | 6.06% |
| Jun 30, 2011 | 27.02% |
| Mar 31, 2011 | -2.17% |
| Dec 31, 2010 | -3.11% |
| Sep 30, 2010 | 2.23% |
| Jun 30, 2010 | 22.44% |