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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Churchill Downs (CHDN) has 7 years of Gross Margin data on record, last reported at 163.35% in Q3 2025.

  • For Q3 2025, Gross Margin changed N/A year-over-year to 163.35%; the TTM value through Sep 2025 reached 573.63%, changed N/A, while the annual FY2024 figure was 99.45%, 9.0% up from the prior year.
  • Gross Margin reached 163.35% in Q3 2025 per CHDN's latest filing, up from 76.68% in the prior quarter.
  • Across five years, Gross Margin topped out at 163.35% in Q3 2025 and bottomed at 76.68% in Q2 2023.
  • Average Gross Margin over 4 years is 98.44%, with a median of 83.13% recorded in 2021.
  • The widest YoY moves for Gross Margin: up 10192bps in 2021, down -1109bps in 2021.
  • A 4-year view of Gross Margin shows it stood at 148.57% in 2021, then crashed by -47bps to 79.16% in 2022, then dropped by -3bps to 76.68% in 2023, then soared by 113bps to 163.35% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 163.35% in Q3 2025, 76.68% in Q2 2023, and 88.26% in Q1 2023.