Churchill Downs (CHDN) Enterprise Value (2010 - 2026)
Churchill Downs (CHDN) recorded Enterprise Value of $6.1 billion in Q2 2026, down 11.9% from $6.92 billion a year earlier and down 0.1% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Enterprise Value (2010 - 2026) Analysis & Trends
On a TTM basis, Churchill Downs' Enterprise Value came in at $5.52 billion as of Jun 30, 2026, down 14.0% year-over-year; for FY2025, it came in at $7.76 billion, down 19.6% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $9.66 billion in FY2024 (-2.5%), $9.91 billion in FY2023 (+27.4%), $7.78 billion in FY2022 (-12.5%) and $8.89 billion in FY2021 (+16.5%).
- The Q2 2026 figure is the lowest quarterly Enterprise Value since Q3 2020.
- On a year-over-year basis, Enterprise Value has declined for seven consecutive quarters, with an average decline of 14.7% over the last eight quarters.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 51.8% in Q3 2021, against a decline of 32.4% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.11 billion (Q1 2026), $7.76 billion (Q4 2025) and $6.63 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.10 Bn |
| Mar 31, 2026 | 6.11 Bn |
| Dec 31, 2025 | 7.76 Bn |
| Sep 30, 2025 | 6.63 Bn |
| Jun 30, 2025 | 6.92 Bn |
| Mar 31, 2025 | 7.87 Bn |
| Dec 31, 2024 | 9.66 Bn |
| Sep 30, 2024 | 9.80 Bn |
| Jun 30, 2024 | 10.12 Bn |
| Mar 31, 2024 | 8.95 Bn |
| Dec 31, 2023 | 9.91 Bn |
| Sep 30, 2023 | 8.53 Bn |
| Jun 30, 2023 | 10.05 Bn |
| Mar 31, 2023 | 9.45 Bn |
| Dec 31, 2022 | 7.78 Bn |
| Sep 30, 2022 | 6.78 Bn |
| Jun 30, 2022 | 6.91 Bn |
| Mar 31, 2022 | 8.14 Bn |
| Dec 31, 2021 | 8.89 Bn |
| Sep 30, 2021 | 8.87 Bn |
API Access
Churchill Downs Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();