Churchill Downs (CHDN) Long-Term Investments (2012 - 2026)
Churchill Downs (CHDN) recorded Long-Term Investments of $690 million in Q2 2026, up 3.2% from $668.8 million a year earlier and up 0.7% from the prior quarter.
Churchill Downs (CHDN) Long-Term Investments (2012 - 2026) Analysis & Trends
At the end of FY2025, Churchill Downs reported Long-Term Investments of $685 million, up 3.6% from FY2024.
- Annual Long-Term Investments has a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- Across earlier years, Long-Term Investments came in at $661.2 million in FY2024 (+0.8%), $655.9 million in FY2023 (-0.5%), $659.4 million in FY2022 (-0.6%) and $663.6 million in FY2021 (+5.2%).
- The Q2 2026 figure is the highest quarterly Long-Term Investments in data going back to Q4 2012.
- On a year-over-year basis, Long-Term Investments has increased for seven consecutive quarters, with growth averaging 2.3% over the last eight quarters.
- Peak year-over-year performance for Long-Term Investments in the last five years was growth of 5.2% in Q4 2021, against a decline of 2.1% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $685 million (Q1 2026), $685 million (Q4 2025) and $674.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | - |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 6.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 65.62 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 30.31 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | - |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 1.11 Bn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 638.00 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | - |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 124.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 690.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 690.00 Mn |
| Mar 31, 2026 | 685.00 Mn |
| Dec 31, 2025 | 685.00 Mn |
| Sep 30, 2025 | 674.90 Mn |
| Jun 30, 2025 | 668.80 Mn |
| Mar 31, 2025 | 663.10 Mn |
| Dec 31, 2024 | 661.20 Mn |
| Sep 30, 2024 | 650.20 Mn |
| Jun 30, 2024 | 648.80 Mn |
| Mar 31, 2024 | 647.80 Mn |
| Dec 31, 2023 | 655.90 Mn |
| Sep 30, 2023 | 660.10 Mn |
| Jun 30, 2023 | 644.80 Mn |
| Mar 31, 2023 | 651.90 Mn |
| Dec 31, 2022 | 659.40 Mn |
| Sep 30, 2022 | 661.00 Mn |
| Jun 30, 2022 | 658.70 Mn |
| Mar 31, 2022 | 655.50 Mn |
| Dec 31, 2021 | 663.60 Mn |
| Sep 30, 2021 | 655.10 Mn |
Churchill Downs Long-Term Investments 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=long-term-investments&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();