Churchill Downs (CHDN) EBT Margin (2010 - 2026)
Churchill Downs (CHDN) posted quarterly EBT Margin of 33.47% for Q2 2026, up 221.0% year-over-year from 10.43% in Q2 2025, and up 96.37% quarter-over-quarter from 17.04% in Q1 2026.
Churchill Downs (CHDN) EBT Margin (2010 - 2026) Analysis & Trends
Churchill Downs' EBT Margin history runs 17 years deep, the most recent figure standing at 33.47% for Q2 2026.
- In Q2 2026, EBT Margin rose 221.0% year-over-year to 33.47%; the TTM figure through Jun 2026 stood at 19.57% (down 40.0% YoY), while the FY2025 annual figure was 18.2%, down 277.0% from the prior year.
- EBT Margin for Q2 2026 stood at 33.47%, up from 17.04% 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.
- The 5-year median for EBT Margin is 16.57% (2022), against an average of 22.45%.
- The sharpest annual moves came in 2022 and 2023: EBT Margin soared 5329 bps in 2022, then sank 5647 bps in 2023.
- Churchill Downs' EBT Margin stood at 0.65% in 2022, then soared by 2084 bps to 12.81% in 2023, then climbed by 14 bps to 14.58% in 2024, then decreased by 14 bps to 12.51% in 2025, then soared by 168 bps to 33.47% in 2026.
- Business Quant data shows CHDN's EBT Margin at 33.47% in Q2 2026, 17.04% in Q1 2026, and 12.51% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.48 Bn | 15.91 Bn | 1.71 Bn | -6.91% |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn | -4.98% |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - | 19.93% |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn | 33.47% |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn | 12.61% |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn | 15.67% |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn | 4.99% |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - | - |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn | 0.99% |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn | -11.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.47% |
| Mar 31, 2026 | 17.04% |
| Dec 31, 2025 | 12.51% |
| Sep 30, 2025 | 8.96% |
| Jun 30, 2025 | 31.26% |
| 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% |