Growth Metrics

Churchill Downs (CHDN) Invested Capital (2010 - 2026)

Churchill Downs' quarterly Invested Capital came in at $1.9 billion in Q1 2026, down 0.82% year-on-year from $1.9 billion in Q1 2025, and up 3.31% quarter-over-quarter from $1.8 billion in Q4 2025.

Churchill Downs has reported Invested Capital for 17 years, with the latest figure at $1.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 0.82% year-over-year to $1.9 billion; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (down 0.82% YoY), and the FY2025 full-year result was $1.8 billion, down 5.76% from the prior year.
  • Invested Capital for Q1 2026 stood at $1.9 billion, up from $1.8 billion in the prior quarter.
  • The five-year high for Invested Capital was $1.9 billion in Q3 2024, with the low at $1.1 billion in Q1 2022.
  • Average Invested Capital over 5 years is $1.7 billion, with a median of $1.7 billion recorded in 2023.
  • Year-over-year, Invested Capital tumbled 38.89% in 2022 and surged 37.06% in 2023.
  • Tracing CHDN's Invested Capital over 5 years: stood at $1.4 billion in 2022, then gained by 25.23% to $1.7 billion in 2023, then advanced by 10.51% to $1.9 billion in 2024, then retreated by 5.76% to $1.8 billion in 2025, then rose 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 18.39 Bn 17.30 Bn 1.84 Bn 21.26 Bn
2 DraftKings 13.23 Bn 12.22 Bn 696.69 Mn 605.05 Mn
3 Churchill Downs 6.28 Bn 6.13 Bn 475.00 Mn 1.87 Bn
4 Rush Street Interactive 2.60 Bn 2.43 Bn 132.17 Mn 159.13 Mn
5 Brightstar Lottery 2.28 Bn 2.94 Bn - 1.59 Bn
6 Accel Entertainment 1.01 Bn 735.58 Mn 109.94 Mn 852.83 Mn
7 Codere Online Luxembourg 490.38 Mn 420.96 Mn - 35.51 Mn
8 Bragg Gaming 269.74 Mn 261.99 Mn 18.22 Mn 77.08 Mn
9 Inspired Entertainment 233.43 Mn 189.93 Mn 54.60 Mn 330.50 Mn
10 High Roller Technologies 45.23 Mn 42.56 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
Mar 31, 2021 924.20 Mn
Dec 31, 2020 1.99 Bn
Sep 30, 2020 376.20 Mn
Jun 30, 2020 326.70 Mn
Mar 31, 2020 439.60 Mn
Dec 31, 2019 1.98 Bn
Sep 30, 2019 554.40 Mn
Jun 30, 2019 557.30 Mn
Mar 31, 2019 460.90 Mn
Dec 31, 2018 1.36 Bn
Sep 30, 2018 518.70 Mn
Jun 30, 2018 457.20 Mn
Mar 31, 2018 348.20 Mn
Dec 31, 2017 1.77 Bn
Sep 30, 2017 660.20 Mn
Jun 30, 2017 635.10 Mn
Mar 31, 2017 704.20 Mn
Dec 31, 2016 1.61 Bn
Sep 30, 2016 729.50 Mn
Jun 30, 2016 691.60 Mn
Mar 31, 2016 653.00 Mn
Dec 31, 2015 1.40 Bn
Sep 30, 2015 781.17 Mn
Jun 30, 2015 770.19 Mn
Mar 31, 2015 711.24 Mn
Dec 31, 2014 1.46 Bn
Sep 30, 2014 715.00 Mn
Jun 30, 2014 709.09 Mn
Mar 31, 2014 704.63 Mn
Dec 31, 2013 1.07 Bn
Sep 30, 2013 724.23 Mn
Jun 30, 2013 708.92 Mn
Mar 31, 2013 841.46 Mn
Dec 31, 2012 854.02 Mn
Sep 30, 2012 654.36 Mn
Jun 30, 2012 645.60 Mn
Mar 31, 2012 592.78 Mn
Dec 31, 2011 711.59 Mn
Sep 30, 2011 585.79 Mn
Jun 30, 2011 564.30 Mn
Dec 31, 2010 506.21 Mn