Churchill Downs (CHDN) Intangibles (2010 - 2026)
Churchill Downs (CHDN) posted Intangibles of $2.51 billion for Q2 2026, up 4.4% from $2.41 billion a year earlier but down 0.1% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Churchill Downs' Intangibles came in at $2.52 billion, up 4.4% from FY2024.
- Annual Intangibles shows a five-year compound annual growth rate of 48.3% (FY2020 to FY2025).
- In prior years, Churchill Downs' Intangibles was $2.41 billion in FY2024 (-0.4%), $2.42 billion in FY2023 (+1.1%), $2.39 billion in FY2022 (+587.1%) and $348.1 million in FY2021 (-0.7%).
- Quarterly Intangibles has run from a low of $348.1 million in Q4 2021 to a high of $2.52 billion in Q3 2025 over five years.
- On a year-over-year basis, Intangibles has increased in each of the last four quarters, with growth averaging 2.1% over the last eight quarters.
- The strongest year-over-year quarter for Intangibles in the past five years was Q4 2022, with growth of 587.1%; the weakest was Q4 2021, with a decline of 0.7%.
- According to Business Quant data, Intangibles for the three prior quarters was $2.52 billion (Q1 2026), $2.52 billion (Q4 2025) and $2.52 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | - |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 837.44 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 6.48 Bn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 103.64 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 180.73 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 208.23 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 1.26 Bn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 3.96 Bn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 323.00 Mn |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 2.51 Bn |
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 |
API Access
Churchill Downs Intangibles 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=intangibles&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();