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
DateValue
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