Churchill Downs (CHDN) Intangibles (2010 - 2026)
Churchill Downs (CHDN) posted Intangibles of $2.5 billion for Q2 2026, little changed on a QoQ basis from $2.5 billion in Q1 2026, and up 4.45% year-over-year from $2.4 billion in Q2 2025.
Analysis
Churchill Downs (CHDN) Intangibles (2010 - 2026) Analysis & Trends
Churchill Downs has reported Intangibles for 17 years, with the latest figure at $2.5 billion in Q2 2026.
- On a quarterly basis, Intangibles rose 4.45% year-over-year to $2.5 billion in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 4.45% increase from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 4.4% from the prior year.
- Intangibles was $2.5 billion for Q2 2026 at Churchill Downs, roughly flat from $2.5 billion in the prior quarter.
- The five-year high for Intangibles was $2.5 billion in Q3 2025, with the low at $351.9 million in Q1 2022.
- Average Intangibles over 5 years is $2.1 billion, with a median of $2.4 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Intangibles soared 587.1% in 2022, then fell 0.39% in 2024.
- Over 5 years, Intangibles stood at $2.4 billion in 2022, then increased by 1.11% to $2.4 billion in 2023, then dropped by 0.39% to $2.4 billion in 2024, then advanced by 4.4% to $2.5 billion in 2025, then decreased by 0.08% to $2.5 billion in 2026.
- The last three Intangibles figures came in at $2.5 billion (Q2 2026), $2.5 billion (Q1 2026), and $2.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | - |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 1.26 Bn |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 208.23 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 3.96 Bn |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 2.51 Bn |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | 1.89 Bn |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 79.33 Mn |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 1.39 Bn |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | - |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | 155.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.51 Bn |
| Mar 31, 2026 | 2.52 Bn |
| Dec 31, 2025 | 2.52 Bn |
| Sep 30, 2025 | 2.52 Bn |
| Jun 30, 2025 | 2.41 Bn |
| Mar 31, 2025 | 2.41 Bn |
| Dec 31, 2024 | 2.41 Bn |
| Sep 30, 2024 | 2.41 Bn |
| Jun 30, 2024 | 2.41 Bn |
| Mar 31, 2024 | 2.42 Bn |
| Dec 31, 2023 | 2.42 Bn |
| Sep 30, 2023 | 2.42 Bn |
| Jun 30, 2023 | 2.36 Bn |
| Mar 31, 2023 | 2.39 Bn |
| Dec 31, 2022 | 2.39 Bn |
| Sep 30, 2022 | 485.00 Mn |
| Jun 30, 2022 | 352.80 Mn |
| Mar 31, 2022 | 351.90 Mn |
| Dec 31, 2021 | 348.10 Mn |
| Sep 30, 2021 | 349.30 Mn |