Churchill Downs (CHDN) Return on Equity [ROE] (2011 - 2026)
Churchill Downs' Return on Equity [ROE] was 34.12% in Q2 2026, down 6.90 percentage points from 41.01% a year earlier and down 3.08 percentage points from the prior quarter.
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Analysis
Churchill Downs (CHDN) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Churchill Downs came in at 36.82%, down 6.58 percentage points from FY2024.
- Return on Equity [ROE] has now declined for three consecutive years, though with a five-year change of +55.52 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 43.40% in FY2024 (-14.36 pp), 57.75% in FY2023 (-44.63 pp), 102.39% in FY2022 (+28.46 pp) and 73.93% in FY2021 (+92.63 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Equity [ROE] since Q1 2021.
- Compared with a year earlier, Return on Equity [ROE] has declined for three straight quarters, with an average year-over-year change of -2.98 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q4 2021 (a gain of 99.38 percentage points); the worst was Q2 2023 (a drop of 59.80 percentage points).
- Per Business Quant data, CHDN's Return on Equity [ROE] in the three quarters before Q2 2026 was 37.20% (Q1 2026), 37.72% (Q4 2025) and 39.14% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 155.93% |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | -29.81% |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | -9.48% |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | - |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 12.72% |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | - |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 20.17% |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | -11.13% |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | 47.85% |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn | 34.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.12% |
| Mar 31, 2026 | 37.20% |
| Dec 31, 2025 | 37.72% |
| Sep 30, 2025 | 39.14% |
| Jun 30, 2025 | 41.01% |
| Mar 31, 2025 | 39.49% |
| Dec 31, 2024 | 39.35% |
| Sep 30, 2024 | 38.95% |
| Jun 30, 2024 | 44.05% |
| Mar 31, 2024 | 39.76% |
| Dec 31, 2023 | 46.83% |
| Sep 30, 2023 | 41.40% |
| Jun 30, 2023 | 45.79% |
| Mar 31, 2023 | 88.08% |
| Dec 31, 2022 | 75.49% |
| Sep 30, 2022 | 79.25% |
| Jun 30, 2022 | 105.59% |
| Mar 31, 2022 | 81.68% |
| Dec 31, 2021 | 77.17% |
| Sep 30, 2021 | 67.94% |
API Access
Churchill Downs Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();