Churchill Downs (CHDN) EBITDA (2010 - 2026)
Churchill Downs' EBITDA came in at $416 million for Q2 2026, up 8.1% from $385 million a year earlier and up 109.0% from the prior quarter.
Churchill Downs (CHDN) EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Churchill Downs reported EBITDA of $952.6 million, up 1.9% year-over-year; for FY2025, it came in at $916.9 million, up 1.0% from FY2024.
- EBITDA has increased in each of the last five years, with a five-year compound annual growth rate of 43.0% (FY2020 to FY2025).
- Going back by year, EBITDA was $908.1 million in FY2024 (+23.9%), $733 million in FY2023 (+68.3%), $435.5 million in FY2022 (+12.4%) and $387.6 million in FY2021 (+153.2%).
- The Q2 2026 figure represents the highest quarterly EBITDA in data going back to Q3 2010.
- Year-over-year, EBITDA has increased for three consecutive quarters, with growth averaging 5.6% over the last eight quarters.
- The fastest year-over-year change in EBITDA over five years came in Q4 2023 (growth of 228.5%), and the weakest in Q4 2022 (a decline of 22.2%).
- Business Quant data shows CHDN's EBITDA at $199 million (Q1 2026), $183.1 million (Q4 2025) and $154.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 989.00 Mn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 12.17 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 255.00 Mn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 32.94 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 233.06 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 463.01 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 785.95 Mn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 868.00 Mn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 133.00 Mn |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 416.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 416.00 Mn |
| Mar 31, 2026 | 199.00 Mn |
| Dec 31, 2025 | 183.10 Mn |
| Sep 30, 2025 | 154.50 Mn |
| Jun 30, 2025 | 385.00 Mn |
| Mar 31, 2025 | 194.00 Mn |
| Dec 31, 2024 | 180.20 Mn |
| Sep 30, 2024 | 175.50 Mn |
| Jun 30, 2024 | 379.20 Mn |
| Mar 31, 2024 | 173.20 Mn |
| Dec 31, 2023 | 153.40 Mn |
| Sep 30, 2023 | 154.40 Mn |
| Jun 30, 2023 | 267.40 Mn |
| Mar 31, 2023 | 157.80 Mn |
| Dec 31, 2022 | 46.70 Mn |
| Sep 30, 2022 | 90.50 Mn |
| Jun 30, 2022 | 225.80 Mn |
| Mar 31, 2022 | 72.50 Mn |
| Dec 31, 2021 | 60.00 Mn |
| Sep 30, 2021 | 93.50 Mn |
Churchill Downs EBITDA 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=ebitda&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();