Churchill Downs (CHDN) EV to EBIT (2011 - 2026)
Churchill Downs' (CHDN) EV to EBIT was 8.46 for Q2 2026, down 12.7% from 9.69 a year earlier and down 4.3% from the prior quarter.
Churchill Downs (CHDN) EV to EBIT (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Churchill Downs' EV to EBIT came in at 7.65, down 14.8% 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 Q2 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 12 quarters, with an average decline of 23.8% 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 Q3 2021 (a decline of 77.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.83 (Q1 2026), 11.36 (Q4 2025) and 9.65 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.46 |
| Mar 31, 2026 | 8.83 |
| Dec 31, 2025 | 11.36 |
| 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 |
| Sep 30, 2021 | 32.55 |
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_KEY
import 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();