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
DateValue
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%