Growth Metrics

Churchill Downs (CHDN) Gross Margin (2018 - 2025)

Historic Gross Margin for Churchill Downs (CHDN) over the last 8 years, with Q3 2025 value amounting to 69.9%.

  • Churchill Downs' Gross Margin rose 8900.0% to 69.9% in Q3 2025 from the same period last year, while for Sep 2025 it was 70.84%, marking a year-over-year decrease of 4700.0%. This contributed to the annual value of 72.61% for FY2024, which is 10500.0% up from last year.
  • According to the latest figures from Q3 2025, Churchill Downs' Gross Margin is 69.9%, which was up 8900.0% from 72.59% recorded in Q2 2025.
  • In the past 5 years, Churchill Downs' Gross Margin ranged from a high of 77.89% in Q2 2022 and a low of 65.28% during Q3 2022
  • Its 5-year average for Gross Margin is 70.16%, with a median of 69.4% in 2023.
  • Its Gross Margin has fluctuated over the past 5 years, first skyrocketed by 168700bps in 2021, then plummeted by -44600bps in 2023.
  • Over the past 5 years, Churchill Downs' Gross Margin (Quarter) stood at 66.75% in 2021, then grew by 3bps to 68.57% in 2022, then increased by 1bps to 69.4% in 2023, then increased by 1bps to 70.01% in 2024, then fell by 0bps to 69.9% in 2025.
  • Its last three reported values are 69.9% in Q3 2025, 72.59% for Q2 2025, and 70.11% during Q1 2025.