Churchill Downs (CHDN) Share-based Compensation (2010 - 2026)
Churchill Downs' Share-based Compensation was $8 million in Q2 2026, up 14.3% from $7 million a year earlier and up 60.0% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Share-based Compensation (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Churchill Downs' Share-based Compensation was $32.2 million through Jun 30, 2026, up 3.9% year-over-year; for FY2025, it came in at $30.2 million, down 16.3% from FY2024.
- Share-based Compensation shows a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- In earlier years, Share-based Compensation was $36.1 million in FY2024 (+9.7%), $32.9 million in FY2023 (+3.5%), $31.8 million in FY2022 (+14.4%) and $27.8 million in FY2021 (+17.3%).
- Quarterly Share-based Compensation has moved between $4 million (Q1 2025) and $12.9 million (Q4 2024) over five years.
- Compared with a year earlier, Share-based Compensation was higher in four of the last eight quarters, with growth averaging 1.9%.
- The best year-over-year quarter for Share-based Compensation over five years was Q4 2024 (growth of 59.3%); the worst was Q1 2025 (a decline of 44.4%).
- Per Business Quant data, CHDN's Share-based Compensation in the three quarters before Q2 2026 was $5 million (Q1 2026), $12 million (Q4 2025) and $7.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 13.00 Mn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 82.55 Mn |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 67.00 Mn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 3.88 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 15.41 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 16.90 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 15.67 Mn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | - |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 5.00 Mn |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 8.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.00 Mn |
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | 12.00 Mn |
| Sep 30, 2025 | 7.20 Mn |
| Jun 30, 2025 | 7.00 Mn |
| Mar 31, 2025 | 4.00 Mn |
| Dec 31, 2024 | 12.90 Mn |
| Sep 30, 2024 | 7.10 Mn |
| Jun 30, 2024 | 8.90 Mn |
| Mar 31, 2024 | 7.20 Mn |
| Dec 31, 2023 | 8.10 Mn |
| Sep 30, 2023 | 8.10 Mn |
| Jun 30, 2023 | 8.10 Mn |
| Mar 31, 2023 | 8.60 Mn |
| Dec 31, 2022 | 8.30 Mn |
| Sep 30, 2022 | 9.10 Mn |
| Jun 30, 2022 | 7.40 Mn |
| Mar 31, 2022 | 7.00 Mn |
| Dec 31, 2021 | 7.40 Mn |
| Sep 30, 2021 | 7.80 Mn |
API Access
Churchill Downs Share-based Compensation 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=share-based-compensation&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();