Churchill Downs (CHDN) Enterprise Value (2010 - 2026)
Churchill Downs (CHDN) recorded quarterly Enterprise Value of -$152.0 million in Q1 2026, down 261.9% quarter-over-quarter from -$42.0 million in Q4 2025, and up 0.52% on a YoY basis from -$151.2 million in Q1 2025.
Churchill Downs (CHDN) Enterprise Value (2010 - 2026) Analysis & Trends
Churchill Downs' Enterprise Value history runs 17 years deep, the most recent figure standing at -$152.0 million for Q1 2026.
- In Q1 2026, Enterprise Value rose 0.52% year-over-year to -$152.0 million; the TTM figure through Mar 2026 stood at -$152.0 million (up 0.52% YoY), while the FY2025 annual figure was -$42.0 million, up 73.04% from the prior year.
- Enterprise Value was -$152.0 million for Q1 2026 at Churchill Downs, down from -$42.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$42.0 million in Q4 2025 to a low of -$1.6 billion in Q2 2022.
- Historically, Enterprise Value has averaged -$191.2 million across 5 years, with a median of -$110.6 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Enterprise Value plunged 2196.68% in 2022, then soared 95.78% in 2023.
- A 5-year view of Enterprise Value shows it stood at -$129.8 million in 2022, then surged by 40.45% to -$77.3 million in 2023, then sank by 101.55% to -$155.8 million in 2024, then jumped by 73.04% to -$42.0 million in 2025, then sank by 261.9% to -$152.0 million in 2026.
- The last three Enterprise Value figures came in at -$152.0 million (Q1 2026), -$42.0 million (Q4 2025), and -$136.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | -1.10 Bn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | -1.01 Bn |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | -152.00 Mn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | -171.13 Mn |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | -240.00 Mn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | -270.03 Mn |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | -69.43 Mn |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -7.75 Mn |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | -43.50 Mn |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | -2.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -152.00 Mn |
| Dec 31, 2025 | -42.00 Mn |
| Sep 30, 2025 | -136.30 Mn |
| Jun 30, 2025 | -159.90 Mn |
| Mar 31, 2025 | -152.80 Mn |
| Dec 31, 2024 | -155.80 Mn |
| Sep 30, 2024 | -60.80 Mn |
| Jun 30, 2024 | -74.50 Mn |
| Mar 31, 2024 | -149.40 Mn |
| Dec 31, 2023 | -77.30 Mn |
| Sep 30, 2023 | -63.30 Mn |
| Jun 30, 2023 | -67.10 Mn |
| Mar 31, 2023 | -63.50 Mn |
| Dec 31, 2022 | -129.80 Mn |
| Sep 30, 2022 | -110.60 Mn |
| Jun 30, 2022 | -1.59 Bn |
| Mar 31, 2022 | -65.50 Mn |
| Dec 31, 2021 | -64.30 Mn |
| Sep 30, 2021 | -70.60 Mn |
| Jun 30, 2021 | -69.20 Mn |