Churchill Downs (CHDN) EV to CFO (2011 - 2026)
Churchill Downs' (CHDN) EV to CFO stood at 6.67 in Q3 2026, down 19.0% from 8.24 a year earlier and down 13.1% from the prior quarter.
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Analysis
Churchill Downs (CHDN) EV to CFO (2011 - 2026) Analysis & Trends
On a TTM basis, Churchill Downs' EV to CFO came in at 5.88 as of Sep 30, 2026, down 22.3% year-over-year; for FY2025, it came in at 10.09, down 19.4% from FY2024.
- Across earlier years, EV to CFO came in at 12.52 in FY2024 (-23.5%), 16.37 in FY2023 (+7.5%), 15.23 in FY2022 (-21.3%) and 19.34 in FY2021 (-63.7%).
- The Q3 2026 figure is the lowest quarterly EV to CFO since Q2 2012.
- On a year-over-year basis, EV to CFO has declined for 11 consecutive quarters, with an average decline of 25.8% over the last eight quarters.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 38.1% in Q2 2023, against a decline of 63.7% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.68 (Q2 2026), 7.47 (Q1 2026) and 10.09 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.66 Bn | 12.26 Bn | 1.47 Bn |
| 2 | Flutter Entertainment | 14.04 Bn | 7.43 Bn | 1.52 Bn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn |
| 4 | DraftKings | 9.31 Bn | 4.97 Bn | 551.45 Mn |
| 5 | Wynn Resorts | 8.77 Bn | 2.90 Bn | 655.12 Mn |
| 6 | MGM Resorts International | 8.21 Bn | -1.09 Bn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.49 Bn | 7.09 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.90 Bn | 6.13 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.95 Bn | 2.37 Bn | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.67 |
| Jun 30, 2026 | 7.68 |
| Mar 31, 2026 | 7.47 |
| Dec 31, 2025 | 10.09 |
| Sep 30, 2025 | 8.24 |
| Jun 30, 2025 | 8.80 |
| Mar 31, 2025 | 10.30 |
| Dec 31, 2024 | 12.52 |
| Sep 30, 2024 | 13.11 |
| Jun 30, 2024 | 15.01 |
| Mar 31, 2024 | 13.89 |
| Dec 31, 2023 | 16.37 |
| Sep 30, 2023 | 14.57 |
| Jun 30, 2023 | 18.86 |
| Mar 31, 2023 | 15.97 |
| Dec 31, 2022 | 15.23 |
| Sep 30, 2022 | 13.75 |
| Jun 30, 2022 | 13.66 |
| Mar 31, 2022 | 16.59 |
| Dec 31, 2021 | 19.34 |
API Access
Churchill Downs EV to CFO 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=ev-to-cfo&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();