Churchill Downs (CHDN) Other Working Capital Changes (2010 - 2026)
Churchill Downs' quarterly Other Working Capital Changes came in at -$14.0 million in Q1 2026, down 275.0% year-on-year from $8.0 million in Q1 2025, and down 154.69% quarter-over-quarter from $25.6 million in Q4 2025.
Churchill Downs has reported Other Working Capital Changes for 17 years, with the latest figure at -$14.0 million in Q1 2026.
- For the quarter ending Q1 2026, Other Working Capital Changes fell 275.0% year-over-year to -$14.0 million; the trailing twelve-month figure through Mar 2026 stood at -$24.8 million (up 82.11% YoY), and the FY2025 full-year result was -$2.8 million, up 95.79% from the prior year.
- Other Working Capital Changes for Q1 2026 stood at -$14.0 million, down from $25.6 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $81.8 million in Q1 2023, with the low at -$125.8 million in Q2 2024.
- Average Other Working Capital Changes over 5 years is -$4.6 million, with a median of $8.0 million recorded in 2025.
- Year-over-year, Other Working Capital Changes surged 168.15% in 2023 and slumped 751.67% in 2024.
- Tracing CHDN's Other Working Capital Changes over 5 years: stood at $13.5 million in 2022, then surged by 168.15% to $36.2 million in 2023, then slumped by 49.45% to $18.3 million in 2024, then jumped by 39.89% to $25.6 million in 2025, then slumped by 154.69% to -$14.0 million in 2026.
- The last three Other Working Capital Changes figures came in at -$14.0 million (Q1 2026), $25.6 million (Q4 2025), and $8.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.00 Mn |
| Mar 31, 2026 | -14.00 Mn |
| Dec 31, 2025 | 25.60 Mn |
| Dec 31, 2025 | 25.60 Mn |
| Sep 30, 2025 | 8.60 Mn |
| Sep 30, 2025 | 8.60 Mn |
| Jun 30, 2025 | -45.00 Mn |
| Jun 30, 2025 | -45.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Mar 31, 2025 | 8.00 Mn |
| Dec 31, 2024 | 18.30 Mn |
| Dec 31, 2024 | 18.30 Mn |
| Sep 30, 2024 | -39.10 Mn |
| Sep 30, 2024 | -39.10 Mn |
| Jun 30, 2024 | -125.80 Mn |
| Jun 30, 2024 | -125.80 Mn |
| Mar 31, 2024 | 80.10 Mn |
| Mar 31, 2024 | 80.10 Mn |
| Dec 31, 2023 | 36.20 Mn |
| Dec 31, 2023 | 36.20 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | -98.60 Mn |
| Jun 30, 2023 | -98.60 Mn |
| Mar 31, 2023 | 81.80 Mn |
| Mar 31, 2023 | 81.80 Mn |
| Dec 31, 2022 | 13.50 Mn |
| Dec 31, 2022 | 13.50 Mn |
| Sep 30, 2022 | 3.30 Mn |
| Sep 30, 2022 | 3.30 Mn |
| Jun 30, 2022 | -94.20 Mn |
| Jun 30, 2022 | -94.20 Mn |
| Mar 31, 2022 | 56.30 Mn |
| Mar 31, 2022 | 56.30 Mn |
| Dec 31, 2021 | 11.90 Mn |
| Dec 31, 2021 | 11.90 Mn |
| Sep 30, 2021 | 22.00 Mn |
| Sep 30, 2021 | 22.00 Mn |
| Jun 30, 2021 | -108.80 Mn |
| Jun 30, 2021 | -108.80 Mn |
| Mar 31, 2021 | 21.00 Mn |
| Mar 31, 2021 | 21.00 Mn |
| Dec 31, 2020 | 43.60 Mn |
| Dec 31, 2020 | 43.60 Mn |
| Sep 30, 2020 | -83.20 Mn |
| Sep 30, 2020 | -83.20 Mn |
| Jun 30, 2020 | 19.20 Mn |
| Jun 30, 2020 | 19.20 Mn |
| Mar 31, 2020 | 24.30 Mn |
| Mar 31, 2020 | 24.30 Mn |
| Dec 31, 2019 | 24.00 Mn |
| Dec 31, 2019 | 24.00 Mn |
| Sep 30, 2019 | 900,000.00 |
| Sep 30, 2019 | 900,000.00 |
| Jun 30, 2019 | -58.90 Mn |
| Jun 30, 2019 | -58.90 Mn |
| Mar 31, 2019 | 22.00 Mn |
| Mar 31, 2019 | 22.00 Mn |
| Dec 31, 2018 | 33.30 Mn |
| Dec 31, 2018 | 33.30 Mn |
| Sep 30, 2018 | 600,000.00 |
| Sep 30, 2018 | 600,000.00 |
| Jun 30, 2018 | -55.90 Mn |
| Jun 30, 2018 | -55.90 Mn |
| Mar 31, 2018 | 11.70 Mn |
| Mar 31, 2018 | 11.70 Mn |
| Dec 31, 2017 | 8.50 Mn |
| Dec 31, 2017 | 8.50 Mn |
| Sep 30, 2017 | 10.80 Mn |
| Sep 30, 2017 | 10.80 Mn |
| Jun 30, 2017 | -30.90 Mn |
| Jun 30, 2017 | -30.90 Mn |
| Mar 31, 2017 | 15.70 Mn |
| Mar 31, 2017 | 15.70 Mn |
| Dec 31, 2016 | 25.40 Mn |
| Dec 31, 2016 | 25.40 Mn |
| Sep 30, 2016 | -10.60 Mn |
| Sep 30, 2016 | -10.60 Mn |
| Jun 30, 2016 | 3.40 Mn |
| Jun 30, 2016 | 3.40 Mn |
| Mar 31, 2016 | -300,000.00 |
| Mar 31, 2016 | -300,000.00 |
| Dec 31, 2015 | 25.00 Mn |
| Dec 31, 2015 | 25.00 Mn |
| Sep 30, 2015 | 15.30 Mn |
| Sep 30, 2015 | 15.30 Mn |
| Jun 30, 2015 | -1.30 Mn |
| Jun 30, 2015 | -1.30 Mn |
| Mar 31, 2015 | -700,000.00 |
| Mar 31, 2015 | -700,000.00 |
| Dec 31, 2014 | 2.94 Mn |
| Dec 31, 2014 | 2.94 Mn |
| Sep 30, 2014 | -7.32 Mn |
| Sep 30, 2014 | -7.32 Mn |
| Jun 30, 2014 | -3.90 Mn |
| Jun 30, 2014 | -3.90 Mn |
| Mar 31, 2014 | 8.88 Mn |
| Mar 31, 2014 | 8.88 Mn |
| Dec 31, 2013 | 15.73 Mn |
| Dec 31, 2013 | 15.73 Mn |
| Sep 30, 2013 | -21.43 Mn |
| Sep 30, 2013 | -21.43 Mn |
| Jun 30, 2013 | 4.56 Mn |
| Jun 30, 2013 | 4.56 Mn |
| Mar 31, 2013 | -234,000.00 |
| Mar 31, 2013 | -234,000.00 |
| Dec 31, 2012 | 10.76 Mn |
| Dec 31, 2012 | 10.76 Mn |
| Sep 30, 2012 | -5.22 Mn |
| Sep 30, 2012 | -5.22 Mn |
| Jun 30, 2012 | -41.25 Mn |
| Jun 30, 2012 | -41.25 Mn |
| Mar 31, 2012 | 38.78 Mn |
| Mar 31, 2012 | 38.78 Mn |
| Dec 31, 2011 | -51,000.00 |
| Dec 31, 2011 | -51,000.00 |
| Sep 30, 2011 | -19.80 Mn |
| Sep 30, 2011 | -19.80 Mn |
| Jun 30, 2011 | -34.47 Mn |
| Jun 30, 2011 | -34.47 Mn |
| Mar 31, 2011 | 37.77 Mn |
| Mar 31, 2011 | 37.77 Mn |
| Dec 31, 2010 | 2.71 Mn |
| Dec 31, 2010 | 2.71 Mn |
| Sep 30, 2010 | -12.26 Mn |
| Sep 30, 2010 | -12.26 Mn |