Churchill Downs CHDN
NASDAQ CHDN
$84.17 -1.66 (-1.93%)
As of: Sep 9, 2026 · 3:59 PM EDT

Churchill Downs (CHDN) EV to EBITDA (2010 - 2026)

Churchill Downs (CHDN) posted EV to EBITDA of 17.09 for Q2 2026, down 59.99% on a QoQ basis from 42.72 in Q1 2026, and down 19.26% year-over-year from 21.17 in Q2 2025.

Analysis

Churchill Downs (CHDN) EV to EBITDA (2010 - 2026) Analysis & Trends

Churchill Downs has reported EV to EBITDA for 17 years, with the latest figure at 17.09 in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 19.26% year-over-year to 17.09 in Q2 2026; TTM through Jun 2026 was 8.46, a 12.69% decrease from a year earlier, with the FY2025 full-year figure at 11.35, down 16.66% from the prior year.
  • EV to EBITDA was 17.09 for Q2 2026 at Churchill Downs, down from 42.72 in the prior quarter.
  • The five-year high for EV to EBITDA was 664.73 in Q4 2022, with the low at 17.09 in Q2 2026.
  • Average EV to EBITDA over 5 years is 98.15, with a median of 69.24 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: EV to EBITDA soared 159.55% in 2022, then plunged 85.97% in 2023.
  • Over 5 years, EV to EBITDA stood at 664.73 in 2022, then slumped by 85.97% to 93.29 in 2023, then retreated by 18.35% to 76.18 in 2024, then retreated by 17.47% to 62.87 in 2025, then slumped by 72.81% to 17.09 in 2026.
  • The last three EV to EBITDA figures came in at 17.09 (Q2 2026), 42.72 (Q1 2026), and 62.87 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Las Vegas Sands 28.74 Bn 25.68 Bn 1.81 Bn
2 MGM Resorts International 10.37 Bn 8.67 Bn 3.10 Bn
3 Wynn Resorts 9.47 Bn 7.16 Bn 1.14 Bn
4 Churchill Downs 6.07 Bn 5.92 Bn 712.00 Mn
5 Caesars Entertainment 6.05 Bn 5.16 Bn 2.04 Bn
6 Red Rock Resorts 6.00 Bn 5.52 Bn 420.02 Mn
7 Boyd Gaming 5.71 Bn 5.38 Bn 766.76 Mn
8 PENN Entertainment 2.29 Bn 1.39 Bn 1.02 Bn
9 Monarch Casino & Resort 2.18 Bn 2.04 Bn 38.62 Mn
10 Melco Resorts & Entertainment 2.12 Bn 1.85 Bn 1.05 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.09
Mar 31, 2026 42.72
Dec 31, 2025 62.87
Sep 30, 2025 67.63
Jun 30, 2025 21.17
Mar 31, 2025 58.30
Dec 31, 2024 76.18
Sep 30, 2024 77.86
Jun 30, 2024 30.68
Mar 31, 2024 70.84
Dec 31, 2023 93.29
Sep 30, 2023 75.92
Jun 30, 2023 44.53
Mar 31, 2023 78.80
Dec 31, 2022 664.73
Sep 30, 2022 84.20
Jun 30, 2022 28.20
Mar 31, 2022 171.70
Dec 31, 2021 256.11
Sep 30, 2021 131.17