Churchill Downs (CHDN) Gross Profit (2018 - 2026)
Churchill Downs (CHDN) recorded Gross Profit of $207 million in Q3 2026, up 1.5% from $204 million a year earlier but down 50.6% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Gross Profit (2018 - 2026) Analysis & Trends
On a TTM basis, Churchill Downs' Gross Profit came in at $1.03 billion as of Sep 30, 2026, up 6.2% year-over-year; for FY2025, it came in at $982.6 million, up 4.7% from FY2024.
- Annual Gross Profit has increased for five straight years, with a five-year compound annual growth rate of 38.4% (FY2020 to FY2025).
- Across earlier years, Gross Profit came in at $938.5 million in FY2024 (+17.9%), $795.7 million in FY2023 (+40.5%), $566.4 million in FY2022 (+27.0%) and $446.1 million in FY2021 (+130.5%).
- Quarterly Gross Profit has ranged from $93.2 million in Q1 2022 to $689.3 million in Q4 2023 over the past five years.
- On a year-over-year basis, Gross Profit has increased for seven consecutive quarters, with an average decline of 4.5% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 562.8% in Q4 2021, against a decline of 73.9% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $419 million (Q2 2026), $203 million (Q1 2026) and $196.6 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 207.00 Mn |
| Jun 30, 2026 | 419.00 Mn |
| Mar 31, 2026 | 203.00 Mn |
| Dec 31, 2025 | 196.60 Mn |
| Sep 30, 2025 | 204.00 Mn |
| Jun 30, 2025 | 392.00 Mn |
| Mar 31, 2025 | 190.00 Mn |
| Dec 31, 2024 | 179.70 Mn |
| Sep 30, 2024 | 185.60 Mn |
| Jun 30, 2024 | 388.00 Mn |
| Mar 31, 2024 | 185.20 Mn |
| Dec 31, 2023 | 689.30 Mn |
| Sep 30, 2023 | 164.00 Mn |
| Jun 30, 2023 | 298.70 Mn |
| Mar 31, 2023 | 172.00 Mn |
| Dec 31, 2022 | 131.30 Mn |
| Sep 30, 2022 | 102.60 Mn |
| Jun 30, 2022 | 110.50 Mn |
| Mar 31, 2022 | 93.20 Mn |
| Dec 31, 2021 | 346.00 Mn |
API Access
Churchill Downs Gross Profit 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=gross-profit&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();