Churchill Downs (CHDN) Return on Capital Employed (2011 - 2026)
Churchill Downs' (CHDN) quarterly Return on Capital Employed came in at 10.41% in Q1 2026, down 69.0% year-on-year from 33.58% in Q1 2025, and up 2.51% quarter-over-quarter from 10.16% in Q4 2025.
Churchill Downs (CHDN) Return on Capital Employed (2011 - 2026) Analysis & Trends
Churchill Downs' Return on Capital Employed history runs 16 years deep, the most recent figure standing at 10.41% for Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 69.0% year-over-year to 10.41% in Q1 2026; TTM through Mar 2026 was 10.41%, a 69.0% decrease from a year earlier, with the FY2025 full-year figure at 10.29%, down 82.0% from the prior year.
- Return on Capital Employed advanced to 10.41% in Q1 2026 per CHDN's latest filing, from 10.16% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 11.1% in Q1 2025 and bottomed at 6.68% in Q4 2022.
- The 5-year median for Return on Capital Employed is 10.28% (2025), against an average of 9.55%.
- Biggest YoY gain for Return on Capital Employed was 647 bps in 2022; the steepest drop was 433 bps in 2022.
- Year by year, Return on Capital Employed stood at 6.68% in 2022, then soared by 39 bps to 9.25% in 2023, then gained by 18 bps to 10.92% in 2024, then decreased by 7 bps to 10.16% in 2025, then increased by 3 bps to 10.41% in 2026.
- Per Business Quant, the three latest CHDN Return on Capital Employed figures stand at 10.41% (Q1 2026), 10.16% (Q4 2025), and 10.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Codere Online Luxembourg | 425.84 Bn | 425.77 Bn | - | - |
| 2 | Flutter Entertainment | 19.13 Bn | 17.62 Bn | 1.84 Bn | -0.45% |
| 3 | DraftKings | 12.12 Bn | 11.11 Bn | 696.69 Mn | 1.27% |
| 4 | Super Group (SGHC) | 7.57 Bn | 7.15 Bn | - | - |
| 5 | Churchill Downs | 6.27 Bn | 6.17 Bn | 464.00 Mn | 10.41% |
| 6 | Rush Street Interactive | 3.15 Bn | 2.82 Bn | 132.17 Mn | 25.29% |
| 7 | Brightstar Lottery | 1.94 Bn | 670.63 Mn | 297.00 Mn | 11.28% |
| 8 | Accel Entertainment | 1.02 Bn | 746.37 Mn | 350.92 Mn | 11.23% |
| 9 | Inspired Entertainment | 207.07 Mn | 163.57 Mn | 54.60 Mn | 8.83% |
| 10 | Gambling.com | 58.26 Mn | 42.45 Mn | 39.34 Mn | -11.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.41% |
| Dec 31, 2025 | 10.16% |
| Sep 30, 2025 | 10.28% |
| Jun 30, 2025 | 10.86% |
| Mar 31, 2025 | 11.10% |
| Dec 31, 2024 | 10.92% |
| Sep 30, 2024 | 10.65% |
| Jun 30, 2024 | 10.62% |
| Mar 31, 2024 | 9.24% |
| Dec 31, 2023 | 9.25% |
| Sep 30, 2023 | 7.83% |
| Jun 30, 2023 | 7.27% |
| Mar 31, 2023 | 7.11% |
| Dec 31, 2022 | 6.68% |
| Sep 30, 2022 | 8.30% |
| Jun 30, 2022 | 10.59% |
| Mar 31, 2022 | 11.06% |
| Dec 31, 2021 | 11.01% |
| Sep 30, 2021 | 10.40% |
| Jun 30, 2021 | 10.13% |