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
DateValue
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