Churchill Downs (CHDN) EBT Margin (2010 - 2026)

Churchill Downs has reported EBT Margin for 17 years, with the latest figure at 33.47% in Q2 2026.

• On a quarterly basis, EBT Margin rose 221.0% year-over-year to 33.47% in Q2 2026; TTM through Jun 2026 was 19.57%, a 40.0% decrease from a year earlier, with the FY2025 full-year figure at 18.2%, down 277.0% from the prior year.
• EBT Margin was 33.47% for Q2 2026 at Churchill Downs, 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.
• Average EBT Margin over 5 years is 22.45%, with a median of 16.57% recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: EBT Margin surged 5329 bps in 2022, then sank 5647 bps in 2023.
• Over 5 years, EBT Margin 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 168 bps to 33.47% in 2026.
• The last three EBT Margin figures came in at 33.47% (Q2 2026), 17.04% (Q1 2026), and 12.51% (Q4 2025), per Business Quant data.