Churchill Downs (CHDN) Invested Capital (2010 - 2026)
Churchill Downs (CHDN) recorded quarterly Invested Capital of $1.9 billion in Q1 2026, up 3.31% quarter-over-quarter from $1.8 billion in Q4 2025, and down 0.82% on a YoY basis from $1.9 billion in Q1 2025.
Churchill Downs (CHDN) Invested Capital (2010 - 2026) Analysis & Trends
Churchill Downs' Invested Capital history runs 17 years deep, the most recent figure standing at $1.9 billion for Q1 2026.
- In Q1 2026, Invested Capital fell 0.82% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $1.9 billion (down 0.82% YoY), while the FY2025 annual figure was $1.8 billion, down 5.76% from the prior year.
- Invested Capital was $1.9 billion for Q1 2026 at Churchill Downs, up from $1.8 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $1.9 billion in Q3 2024 to a low of $1.1 billion in Q1 2022.
- Historically, Invested Capital has averaged $1.7 billion across 5 years, with a median of $1.7 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Invested Capital tumbled 38.89% in 2022, then soared 37.06% in 2023.
- A 5-year view of Invested Capital shows it stood at $1.4 billion in 2022, then rose by 25.23% to $1.7 billion in 2023, then gained by 10.51% to $1.9 billion in 2024, then fell by 5.76% to $1.8 billion in 2025, then increased by 3.31% to $1.9 billion in 2026.
- The last three Invested Capital figures came in at $1.9 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 21.26 Bn |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 605.05 Mn |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 1.87 Bn |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 159.13 Mn |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 2.34 Bn |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 852.83 Mn |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | 35.51 Mn |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | 77.08 Mn |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | 330.50 Mn |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | 9.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.87 Bn |
| Dec 31, 2025 | 1.81 Bn |
| Sep 30, 2025 | 1.83 Bn |
| Jun 30, 2025 | 1.85 Bn |
| Mar 31, 2025 | 1.89 Bn |
| Dec 31, 2024 | 1.92 Bn |
| Sep 30, 2024 | 1.94 Bn |
| Jun 30, 2024 | 1.88 Bn |
| Mar 31, 2024 | 1.67 Bn |
| Dec 31, 2023 | 1.74 Bn |
| Sep 30, 2023 | 1.74 Bn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 1.54 Bn |
| Dec 31, 2022 | 1.39 Bn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 1.43 Bn |
| Mar 31, 2022 | 1.13 Bn |
| Dec 31, 2021 | 2.27 Bn |
| Sep 30, 2021 | 1.10 Bn |
| Jun 30, 2021 | 1.09 Bn |