Churchill Downs (CHDN) EBIT Margin (2010 - 2026)
Churchill Downs (CHDN) recorded EBIT Margin of 36.43% in Q2 2026, up 1.42 percentage points from 35.01% a year earlier and up 14.86 percentage points from the prior quarter.
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Analysis
Churchill Downs (CHDN) EBIT Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Churchill Downs' EBIT Margin came in at 24.12% as of Jun 30, 2026, down 1.14 percentage points year-over-year; for FY2025, it came in at 23.37%, down 2.56 percentage points from FY2024.
- Annual EBIT Margin has a five-year change of +17.66 percentage points (FY2020 to FY2025).
- Across earlier years, EBIT Margin came in at 25.93% in FY2024 (+3.02 pp), 22.91% in FY2023 (+5.13 pp), 17.78% in FY2022 (-0.03 pp) and 17.81% in FY2021 (+12.09 pp).
- The Q2 2026 figure is the highest quarterly EBIT Margin since Q2 2024.
- On a year-over-year basis, EBIT Margin rose in four of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- Peak year-over-year performance for EBIT Margin in the last five years was a gain of 16.49 percentage points in Q4 2023, against a drop of 7.08 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.57% (Q1 2026), 18.55% (Q4 2025) and 14.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 19.59% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | -4.72% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | -3.33% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 11.53% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 17.29% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 16.03% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 11.32% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 17.14% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 23.39% |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 36.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.43% |
| Mar 31, 2026 | 21.57% |
| Dec 31, 2025 | 18.55% |
| Sep 30, 2025 | 14.35% |
| Jun 30, 2025 | 35.01% |
| 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% |
API Access
Churchill Downs EBIT Margin 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=ebit-margin&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();