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
DateValue
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