Churchill Downs (CHDN) EV to CFO (2010 - 2026)
Churchill Downs (CHDN) posted EV to CFO of 28.12 for Q2 2026, up 35.79% on a QoQ basis from 20.71 in Q1 2026, and down 2.51% year-over-year from 28.84 in Q2 2025.
Analysis
Churchill Downs (CHDN) EV to CFO (2010 - 2026) Analysis & Trends
Churchill Downs has reported EV to CFO for 17 years, with the latest figure at 28.12 in Q2 2026.
- On a quarterly basis, EV to CFO fell 2.51% year-over-year to 28.12 in Q2 2026; TTM through Jun 2026 was 7.68, a 12.72% decrease from a year earlier, with the FY2025 full-year figure at 10.09, down 19.42% from the prior year.
- EV to CFO was 28.12 for Q2 2026 at Churchill Downs, up from 20.71 in the prior quarter.
- The five-year high for EV to CFO was 121.39 in Q3 2022, with the low at 20.71 in Q1 2026.
- Average EV to CFO over 5 years is 56.3, with a median of 50.23 recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: EV to CFO surged 134.69% in 2023, then plunged 38.68% in 2025.
- Over 5 years, EV to CFO stood at 90.12 in 2022, then gained by 3.23% to 93.03 in 2023, then dropped by 20.5% to 73.96 in 2024, then increased by 9.35% to 80.88 in 2025, then tumbled by 65.23% to 28.12 in 2026.
- The last three EV to CFO figures came in at 28.12 (Q2 2026), 20.71 (Q1 2026), and 80.88 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.23 Bn | 24.85 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 10.30 Bn | 7.75 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 9.26 Bn | 7.69 Bn | 1.14 Bn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn |
| 5 | Churchill Downs | 5.87 Bn | 5.67 Bn | 712.00 Mn |
| 6 | Boyd Gaming | 5.64 Bn | 5.31 Bn | 766.76 Mn |
| 7 | Red Rock Resorts | 3.18 Bn | 2.57 Bn | 420.02 Mn |
| 8 | PENN Entertainment | 2.30 Bn | 1.41 Bn | 1.02 Bn |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn |
| 10 | Melco Resorts & Entertainment | 2.01 Bn | 1.44 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.12 |
| Mar 31, 2026 | 20.71 |
| Dec 31, 2025 | 80.88 |
| Sep 30, 2025 | 35.48 |
| Jun 30, 2025 | 28.84 |
| Mar 31, 2025 | 31.86 |
| Dec 31, 2024 | 73.96 |
| Sep 30, 2024 | 57.87 |
| Jun 30, 2024 | 46.66 |
| Mar 31, 2024 | 35.13 |
| Dec 31, 2023 | 93.03 |
| Sep 30, 2023 | 88.63 |
| Jun 30, 2023 | 53.81 |
| Mar 31, 2023 | 43.76 |
| Dec 31, 2022 | 90.12 |
| Sep 30, 2022 | 121.39 |
| Jun 30, 2022 | 22.93 |
| Mar 31, 2022 | 60.20 |
| Dec 31, 2021 | 129.74 |
| Sep 30, 2021 | 156.39 |