Churchill Downs (CHDN) Payout Ratio (2011 - 2026)
Churchill Downs (CHDN) posted Payout Ratio of 0.37 for Q1 2026, up 3105.82% on a QoQ basis from 0.01 in Q4 2025, and down 7.23% year-over-year from 0.4 in Q1 2025.
Analysis
Churchill Downs (CHDN) Payout Ratio (2011 - 2026) Analysis & Trends
Churchill Downs has reported Payout Ratio for 16 years, with the latest figure at 0.37 in Q1 2026.
- On a quarterly basis, Payout Ratio fell 7.23% year-over-year to 0.37 in Q1 2026; TTM through Jun 2026 was 0.08, a 5.95% increase from a year earlier, with the FY2025 full-year figure at 0.08, up 13.9% from the prior year.
- Payout Ratio was 0.37 for Q1 2026 at Churchill Downs, up from 0.01 in the prior quarter.
- The five-year high for Payout Ratio was 1.1 in Q4 2022, with the low at 0.0 in Q2 2025.
- Average Payout Ratio over 5 years is 0.22, with a median of 0.02 recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Payout Ratio surged 3563.85% in 2022, then sank 582.11% in 2025.
- Over 5 years, Payout Ratio stood at 1.1 in 2022, then tumbled by 97.32% to 0.03 in 2023, then slumped by 34.39% to 0.02 in 2024, then sank by 39.83% to 0.01 in 2025, then soared by 3105.82% to 0.37 in 2026.
- The last three Payout Ratio figures came in at 0.37 (Q1 2026), 0.01 (Q4 2025), and 0.01 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.23 Bn | 24.85 Bn | 1.81 Bn |
| 2 | MGM Resorts International | 10.30 Bn | 7.75 Bn | 3.10 Bn |
| 3 | Wynn Resorts | 9.26 Bn | 7.69 Bn | 1.14 Bn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn |
| 5 | Churchill Downs | 5.87 Bn | 5.67 Bn | 712.00 Mn |
| 6 | Boyd Gaming | 5.64 Bn | 5.31 Bn | 766.76 Mn |
| 7 | Red Rock Resorts | 3.18 Bn | 2.57 Bn | 420.02 Mn |
| 8 | PENN Entertainment | 2.30 Bn | 1.41 Bn | 1.02 Bn |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn |
| 10 | Melco Resorts & Entertainment | 2.01 Bn | 1.44 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.01 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.17 |
| Dec 31, 2022 | 1.10 |
| Mar 31, 2022 | 0.61 |
| Dec 31, 2021 | 0.03 |
| Mar 31, 2021 | 0.69 |
| Dec 31, 2020 | 0.10 |
| Jun 30, 2020 | -0.09 |
| Mar 31, 2020 | -0.54 |
| Dec 31, 2019 | 0.32 |