Churchill Downs (CHDN) Return on Capital Employed [ROCE] (2009 - 2026)
Churchill Downs (CHDN) posted Return on Capital Employed [ROCE] of 12.42% for Q3 2026, up 2.16 percentage points from 10.27% a year earlier and up 0.68 percentage points from the prior quarter.
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Analysis
Churchill Downs (CHDN) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Churchill Downs' Return on Capital Employed [ROCE] came in at 10.29%, down 0.82 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +7.72 percentage points (FY2020 to FY2025).
- In prior years, Churchill Downs' Return on Capital Employed [ROCE] was 11.10% in FY2024 (+1.42 pp), 9.68% in FY2023 (+1.58 pp), 8.10% in FY2022 (-2.89 pp) and 11.00% in FY2021 (+8.42 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q4 2018.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in five of the last eight quarters, with an average year-over-year change of +0.62 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2021, with a gain of 8.78 percentage points; the weakest was Q4 2022, with a drop of 4.33 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 11.75% (Q2 2026), 10.40% (Q1 2026) and 10.15% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 43.71 Bn | 37.08 Bn | 655.12 Mn | 9.86% |
| 2 | Vail Resorts | 27.65 Bn | 26.37 Bn | - | 9.33% |
| 3 | Las Vegas Sands | 25.32 Bn | 12.14 Bn | 1.47 Bn | 18.93% |
| 4 | DraftKings | 16.83 Bn | 12.62 Bn | 429.05 Mn | -15.96% |
| 5 | Flutter Entertainment | 14.10 Bn | 7.73 Bn | 1.52 Bn | -4.45% |
| 6 | Life Time Group Holdings | 10.44 Bn | 9.61 Bn | 419.01 Mn | 7.34% |
| 7 | MGM Resorts International | 8.43 Bn | -8.70 Mn | 1.73 Bn | 3.44% |
| 8 | MSG Knickerbockers | 7.58 Bn | 7.19 Bn | 36.67 Mn | 3.51% |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 12.02% |
| 10 | Churchill Downs | 6.84 Bn | 6.10 Bn | 207.00 Mn | 12.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.42% |
| Jun 30, 2026 | 11.75% |
| Mar 31, 2026 | 10.40% |
| Dec 31, 2025 | 10.15% |
| Sep 30, 2025 | 10.27% |
| Jun 30, 2025 | 10.85% |
| 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% |
API Access
Churchill Downs Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();