Churchill Downs (CHDN) Equity Income (2010 - 2026)
Churchill Downs (CHDN) reported Equity Income of $38 million for Q3 2026, up 8.6% from $35 million a year earlier but down 7.3% from the prior quarter.
Churchill Downs (CHDN) Equity Income (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Churchill Downs' Equity Income came in at $149.4 million, up 6.0% year-over-year; for FY2025, it came in at $139.4 million, down 3.8% from FY2024.
- Equity Income has declined for three consecutive years, though with a five-year compound annual growth rate of 38.2% (FY2020 to FY2025).
- By year, Equity Income came in at $144.9 million in FY2024 (-1.0%), $146.3 million in FY2023 (-4.2%), $152.7 million in FY2022 (+6.6%) and $143.2 million in FY2021 (+417.0%).
- Five-year quarterly Equity Income spans a low of $32.5 million in Q1 2022 and a high of $42.4 million in Q3 2022.
- Year over year, Equity Income has now increased in each of the last three quarters, with growth averaging 1.8% over the last eight quarters.
- The high point for year-over-year Equity Income in five years was Q4 2021 (growth of 177.2%); the low point was Q3 2023 (a decline of 21.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $41 million (Q2 2026), $36 million (Q1 2026) and $34.4 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn | - |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn | 2.45 Mn |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn | - |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn | 578,000.00 |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn | - |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn | - |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn | - |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | - |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn | 38.00 Mn |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.00 Mn |
| Jun 30, 2026 | 41.00 Mn |
| Mar 31, 2026 | 36.00 Mn |
| Dec 31, 2025 | 34.40 Mn |
| Sep 30, 2025 | 35.00 Mn |
| Jun 30, 2025 | 37.00 Mn |
| Mar 31, 2025 | 33.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 33.40 Mn |
| Jun 30, 2024 | 37.70 Mn |
| Mar 31, 2024 | 37.80 Mn |
| Dec 31, 2023 | 35.90 Mn |
| Sep 30, 2023 | 33.30 Mn |
| Jun 30, 2023 | 38.80 Mn |
| Mar 31, 2023 | 38.30 Mn |
| Dec 31, 2022 | 37.30 Mn |
| Sep 30, 2022 | 42.40 Mn |
| Jun 30, 2022 | 40.50 Mn |
| Mar 31, 2022 | 32.50 Mn |
| Dec 31, 2021 | 40.20 Mn |
Churchill Downs Equity Income 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=equity-income&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();