Churchill Downs (CHDN) EBT Margin (2010 - 2026)
Churchill Downs' quarterly EBT Margin came in at 17.04% in Q1 2026, up 211.0% year-on-year from 5.48% in Q1 2025, and up 36.25% quarter-over-quarter from 12.51% in Q4 2025.
Churchill Downs has reported EBT Margin for 17 years, with the latest figure at 17.04% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 211.0% year-over-year to 17.04%; the trailing twelve-month figure through Mar 2026 stood at 18.65% (down 171.0% YoY), and the FY2025 full-year result was 18.2%, down 277.0% from the prior year.
- EBT Margin for Q1 2026 stood at 17.04%, up from 12.51% in the prior quarter.
- The five-year high for EBT Margin was 82.39% in Q2 2022, with the low at 0.65% in Q4 2022.
- Average EBT Margin over 5 years is 21.8%, with a median of 16.09% recorded in 2022.
- Year-over-year, EBT Margin soared 5329 bps in 2022 and slumped 5647 bps in 2023.
- Tracing CHDN's EBT Margin over 5 years: stood at 0.65% in 2022, then surged by 2084 bps to 12.81% in 2023, then increased by 14 bps to 14.58% in 2024, then dropped by 14 bps to 12.51% in 2025, then surged by 36 bps to 17.04% in 2026.
- The last three EBT Margin figures came in at 17.04% (Q1 2026), 12.51% (Q4 2025), and 8.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 5.44% |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 1.39% |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 17.04% |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 12.36% |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 5.70% |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | -2.11% |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | -2.10% |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.04% |
| Dec 31, 2025 | 12.51% |
| Sep 30, 2025 | 8.96% |
| Jun 30, 2025 | 31.25% |
| Mar 31, 2025 | 14.93% |
| Dec 31, 2024 | 14.58% |
| Sep 30, 2024 | 13.70% |
| Jun 30, 2024 | 33.04% |
| Mar 31, 2024 | 17.23% |
| Dec 31, 2023 | 12.81% |
| Sep 30, 2023 | 14.29% |
| Jun 30, 2023 | 25.92% |
| Mar 31, 2023 | 37.34% |
| Dec 31, 2022 | -0.65% |
| Sep 30, 2022 | 19.16% |
| Jun 30, 2022 | 82.39% |
| Mar 31, 2022 | 16.09% |
| Dec 31, 2021 | 14.72% |
| Sep 30, 2021 | 22.32% |
| Jun 30, 2021 | 29.10% |
| Mar 31, 2021 | 16.13% |
| Dec 31, 2020 | 6.00% |
| Sep 30, 2020 | 16.87% |
| Jun 30, 2020 | -17.02% |
| Mar 31, 2020 | -13.52% |
| Dec 31, 2019 | 2.82% |
| Sep 30, 2019 | 7.57% |
| Jun 30, 2019 | 30.77% |
| Mar 31, 2019 | 6.93% |
| Dec 31, 2018 | 2.97% |
| Sep 30, 2018 | 33.76% |
| Jun 30, 2018 | 35.85% |
| Mar 31, 2018 | 8.82% |
| Dec 31, 2017 | -24.26% |
| Sep 30, 2017 | 11.88% |
| Jun 30, 2017 | 35.28% |
| Mar 31, 2017 | 1.67% |
| Dec 31, 2016 | 10.20% |
| Sep 30, 2016 | 11.27% |
| Jun 30, 2016 | 35.59% |
| Mar 31, 2016 | -0.60% |
| Dec 31, 2015 | 4.26% |
| Sep 30, 2015 | 1.75% |
| Jun 30, 2015 | 24.85% |
| Mar 31, 2015 | -1.12% |
| Dec 31, 2014 | -1.72% |
| Sep 30, 2014 | 2.52% |
| Jun 30, 2014 | 30.35% |
| Mar 31, 2014 | -0.68% |
| Dec 31, 2013 | 3.76% |
| Sep 30, 2013 | 6.69% |
| Jun 30, 2013 | 28.68% |
| Mar 31, 2013 | 0.96% |
| Dec 31, 2012 | 0.71% |
| Sep 30, 2012 | 4.29% |
| Jun 30, 2012 | 29.80% |
| Mar 31, 2012 | 1.68% |
| Dec 31, 2011 | 3.02% |
| Sep 30, 2011 | 16.89% |
| Jun 30, 2011 | 27.11% |
| Mar 31, 2011 | -3.96% |
| Dec 31, 2010 | -4.34% |
| Sep 30, 2010 | 2.08% |
| Jun 30, 2010 | 21.82% |