Churchill Downs (CHDN) Share-based Compensation (2010 - 2025)

Churchill Downs' Share-based Compensation history runs 16 years deep, the most recent figure standing at $12.9 million for Q4 2025.

• On a quarterly basis, Share-based Compensation changed 0.0% year-over-year to $12.9 million in Q4 2025; TTM through Mar 2026 was $27.5 million, a 16.41% decrease from a year earlier, with the FY2025 full-year figure at $17.0 million, down 52.91% from the prior year.
• Share-based Compensation improved to $12.9 million in Q4 2025 per CHDN's latest filing, from $7.4 million in the prior quarter.
• Across five years, Share-based Compensation topped out at $19.7 million in Q4 2023 and bottomed at -$3.0 million in Q3 2021.
• The 5-year median for Share-based Compensation is $8.6 million (2023), against an average of $9.7 million.
• Across the five-year window, Share-based Compensation tumbled 143.48% in 2021 and soared 403.33% in 2022, its largest moves.
• Year by year, Share-based Compensation stood at $18.2 million in 2021, then retreated by 16.48% to $15.2 million in 2022, then rose by 29.61% to $19.7 million in 2023, then sank by 34.52% to $12.9 million in 2024, then changed by 0.0% to $12.9 million in 2025.
• Per Business Quant, the three latest CHDN Share-based Compensation figures stand at $12.9 million (Q4 2025), $7.4 million (Q3 2025), and $7.2 million (Q2 2025).