Growth Metrics

Churchill Downs (CHDN) Operating Margin (2016 - 2025)

Churchill Downs (CHDN) has 13 years of Operating Margin data on record, last reported at 77.7% in Q3 2025.

  • For Q3 2025, Operating Margin rose 24993.0% year-over-year to 77.7%; the TTM value through Sep 2025 reached 239.62%, up 47898.0%, while the annual FY2024 figure was 25.93%, 302.0% up from the prior year.
  • Operating Margin reached 77.7% in Q3 2025 per CHDN's latest filing, up from 441.64% in the prior quarter.
  • Across five years, Operating Margin topped out at 77.7% in Q3 2025 and bottomed at 448.98% in Q2 2024.
  • Average Operating Margin over 5 years is 92.25%, with a median of 5.58% recorded in 2022.
  • Peak YoY movement for Operating Margin: plummeted -47834bps in 2024, then soared 24993bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 9.51% in 2021, then crashed by -325bps to 21.39% in 2022, then plummeted by -603bps to 150.42% in 2023, then fell by -16bps to 174.18% in 2024, then surged by 145bps to 77.7% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 77.7% in Q3 2025, 441.64% in Q2 2025, and 174.18% in Q4 2024.