Churchill Downs (CHDN) EV to EBIT (2011 - 2026)
Churchill Downs' (CHDN) EV to EBIT was 6.58 for Q3 2026, down 31.8% from 9.65 a year earlier and down 22.2% from the prior quarter.
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Analysis
Churchill Downs (CHDN) EV to EBIT (2011 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Churchill Downs' EV to EBIT came in at 5.80, down 34.7% year-over-year; for FY2025, it came in at 11.35, down 16.7% from FY2024.
- EV to EBIT has declined for five consecutive years.
- By year, EV to EBIT came in at 13.62 in FY2024 (-22.4%), 17.57 in FY2023 (-27.3%), 24.17 in FY2022 (-22.7%) and 31.25 in FY2021 (-75.3%).
- The Q3 2026 figure ranks as the lowest quarterly EV to EBIT in data going back to Q1 2011.
- Year over year, EV to EBIT has now declined in each of the last 13 quarters, with an average decline of 25.1% over the last eight quarters.
- The high point for year-over-year EV to EBIT in five years was Q2 2023 (growth of 20.9%); the low point was Q4 2021 (a decline of 75.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 8.45 (Q2 2026), 8.83 (Q1 2026) and 11.35 (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 | 6.58 |
| Jun 30, 2026 | 8.45 |
| Mar 31, 2026 | 8.83 |
| Dec 31, 2025 | 11.35 |
| Sep 30, 2025 | 9.65 |
| Jun 30, 2025 | 9.69 |
| Mar 31, 2025 | 10.97 |
| Dec 31, 2024 | 13.62 |
| Sep 30, 2024 | 14.24 |
| Jun 30, 2024 | 15.00 |
| Mar 31, 2024 | 15.69 |
| Dec 31, 2023 | 17.57 |
| Sep 30, 2023 | 18.16 |
| Jun 30, 2023 | 23.91 |
| Mar 31, 2023 | 23.96 |
| Dec 31, 2022 | 24.17 |
| Sep 30, 2022 | 19.65 |
| Jun 30, 2022 | 19.78 |
| Mar 31, 2022 | 28.55 |
| Dec 31, 2021 | 31.25 |
API Access
Churchill Downs EV to EBIT 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-ebit&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();