Churchill Downs (CHDN) Enterprise Value (2010 - 2026)
Churchill Downs' (CHDN) quarterly Enterprise Value came in at -$43.0 million in Q1 2026, up 43.12% year-on-year from -$30.0 million in Q1 2025, and down 2.38% quarter-over-quarter from -$42.0 million in Q4 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 -$43.0 million for Q1 2026.
- On a quarterly basis, Enterprise Value rose 43.12% year-over-year to -$43.0 million in Q1 2026; TTM through Mar 2026 was -$43.0 million, a 43.12% increase from a year earlier, with the FY2025 full-year figure at -$42.0 million, up 73.04% from the prior year.
- Enterprise Value eased to -$43.0 million in Q1 2026 per CHDN's latest filing, from -$42.0 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$42.0 million in Q4 2025 and bottomed at -$310.2 million in Q2 2022.
- The 5-year median for Enterprise Value is -$110.6 million (2022), against an average of -$125.3 million.
- Across the five-year window, Enterprise Value soared 78.37% in 2023 and sank 101.55% in 2024, its largest moves.
- Year by year, Enterprise Value stood at -$74.9 million in 2022, then decreased by 3.2% to -$77.3 million in 2023, then tumbled by 101.55% to -$155.8 million in 2024, then jumped by 73.04% to -$42.0 million in 2025, then fell by 2.38% to -$43.0 million in 2026.
- Per Business Quant, the three latest CHDN Enterprise Value figures stand at -$43.0 million (Q1 2026), -$42.0 million (Q4 2025), and -$136.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | -67.87 Mn |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | -1.28 Bn |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | -1.01 Bn |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | -430.00 Mn |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | -43.00 Mn |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | -171.13 Mn |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | -14.00 Mn |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | -270.03 Mn |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | -43.50 Mn |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | -15.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -43.00 Mn |
| Dec 31, 2025 | -42.00 Mn |
| Sep 30, 2025 | -136.30 Mn |
| Jun 30, 2025 | -80.70 Mn |
| Mar 31, 2025 | -75.60 Mn |
| Dec 31, 2024 | -155.80 Mn |
| Sep 30, 2024 | -134.80 Mn |
| Jun 30, 2024 | -74.50 Mn |
| Mar 31, 2024 | -149.40 Mn |
| Dec 31, 2023 | -77.30 Mn |
| Sep 30, 2023 | -129.90 Mn |
| Jun 30, 2023 | -67.10 Mn |
| Mar 31, 2023 | -173.90 Mn |
| Dec 31, 2022 | -74.90 Mn |
| Sep 30, 2022 | -110.60 Mn |
| Jun 30, 2022 | -310.20 Mn |
| Mar 31, 2022 | -294.50 Mn |
| Dec 31, 2021 | -291.30 Mn |
| Sep 30, 2021 | -70.60 Mn |
| Jun 30, 2021 | -342.20 Mn |