Churchill Downs (CHDN) Share-based Compensation (2010 - 2026)
Churchill Downs (CHDN) posted Share-based Compensation of $8.0 million for Q2 2026, up 60.0% on a QoQ basis from $5.0 million in Q1 2026, and up 14.29% year-over-year from $7.0 million in Q2 2025.
Analysis
Churchill Downs (CHDN) Share-based Compensation (2010 - 2026) Analysis & Trends
Churchill Downs has reported Share-based Compensation for 17 years, with the latest figure at $8.0 million in Q2 2026.
- On a quarterly basis, Share-based Compensation rose 14.29% year-over-year to $8.0 million in Q2 2026; TTM through Jun 2026 was $29.8 million, a 9.7% decrease from a year earlier, with the FY2025 full-year figure at $30.2 million, down 16.34% from the prior year.
- Share-based Compensation was $8.0 million for Q2 2026 at Churchill Downs, up from $5.0 million in the prior quarter.
- The five-year high for Share-based Compensation was $13.1 million in Q1 2022, with the low at $5.0 million in Q1 2026.
- Average Share-based Compensation over 5 years is $8.6 million, with a median of $8.1 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Share-based Compensation soared 59.26% in 2024, then tumbled 42.31% in 2025.
- Over 5 years, Share-based Compensation stood at $8.3 million in 2022, then fell by 2.41% to $8.1 million in 2023, then jumped by 59.26% to $12.9 million in 2024, then fell by 27.13% to $9.4 million in 2025, then slipped by 14.89% to $8.0 million in 2026.
- The last three Share-based Compensation figures came in at $8.0 million (Q2 2026), $5.0 million (Q1 2026), and $9.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 28.23 Bn | 24.85 Bn | 1.81 Bn | 15.00 Mn |
| 2 | MGM Resorts International | 10.30 Bn | 7.75 Bn | 3.10 Bn | 15.67 Mn |
| 3 | Wynn Resorts | 9.26 Bn | 7.69 Bn | 1.14 Bn | 16.90 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 23.00 Mn |
| 5 | Churchill Downs | 5.87 Bn | 5.67 Bn | 712.00 Mn | 8.00 Mn |
| 6 | Boyd Gaming | 5.64 Bn | 5.31 Bn | 766.76 Mn | 12.82 Mn |
| 7 | Red Rock Resorts | 3.18 Bn | 2.57 Bn | 420.02 Mn | 9.85 Mn |
| 8 | PENN Entertainment | 2.30 Bn | 1.41 Bn | 1.02 Bn | 17.40 Mn |
| 9 | Monarch Casino & Resort | 2.15 Bn | 2.01 Bn | 38.62 Mn | 2.12 Mn |
| 10 | Melco Resorts & Entertainment | 2.01 Bn | 1.44 Bn | 1.05 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.00 Mn |
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | 9.40 Mn |
| Sep 30, 2025 | 7.40 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 6.00 Mn |
| Dec 31, 2024 | 12.90 Mn |
| Sep 30, 2024 | 7.10 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Mar 31, 2024 | 10.40 Mn |
| Dec 31, 2023 | 8.10 Mn |
| Sep 30, 2023 | 8.10 Mn |
| Jun 30, 2023 | 8.10 Mn |
| Mar 31, 2023 | 11.30 Mn |
| Dec 31, 2022 | 8.30 Mn |
| Sep 30, 2022 | 9.10 Mn |
| Jun 30, 2022 | 7.40 Mn |
| Mar 31, 2022 | 13.10 Mn |
| Dec 31, 2021 | 7.40 Mn |
| Sep 30, 2021 | 7.80 Mn |