Churchill Downs (CHDN) Shares Outstanding (2010 - 2026)
Churchill Downs (CHDN) reported Shares Outstanding of 70 million for Q2 2026, down 2.4% from 71.7 million a year earlier and unchanged from the prior quarter.
Churchill Downs (CHDN) Shares Outstanding (2010 - 2026) Analysis & Trends
For FY2025, Churchill Downs posted Shares Outstanding of 71.4 million, down 3.5% from FY2024.
- Shares Outstanding has declined for 12 consecutive years, with a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 74 million in FY2024 (-1.6%), 75.2 million in FY2023 (-0.8%), 75.8 million in FY2022 (-1.8%) and 77.2 million in FY2021 (-2.5%).
- Five-year quarterly Shares Outstanding spans a low of 70 million in Q1 2026 and a high of 77.2 million in Q4 2021.
- Year over year, Shares Outstanding has now declined in each of the last 43 quarters, with an average decline of 2.8% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding ran from 0.5% in Q3 2023 to 5.0% in Q1 2026.
- Per Business Quant data, the three quarters before Q2 2026 came in at 70 million (Q1 2026), 71.4 million (Q4 2025) and 70.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 654.00 Mn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 175.00 Mn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 24.15 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 496.09 Mn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 222.63 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 102.57 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 254.02 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 77.40 Mn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 204.00 Mn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 70.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.00 Mn |
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 71.40 Mn |
| Sep 30, 2025 | 70.30 Mn |
| Jun 30, 2025 | 71.70 Mn |
| Mar 31, 2025 | 73.70 Mn |
| Dec 31, 2024 | 74.00 Mn |
| Sep 30, 2024 | 73.90 Mn |
| Jun 30, 2024 | 73.90 Mn |
| Mar 31, 2024 | 74.10 Mn |
| Dec 31, 2023 | 75.20 Mn |
| Sep 30, 2023 | 75.20 Mn |
| Jun 30, 2023 | 75.30 Mn |
| Mar 31, 2023 | 75.20 Mn |
| Dec 31, 2022 | 75.80 Mn |
| Sep 30, 2022 | 75.60 Mn |
| Jun 30, 2022 | 76.20 Mn |
| Mar 31, 2022 | 76.60 Mn |
| Dec 31, 2021 | 77.20 Mn |
| Sep 30, 2021 | 77.20 Mn |
Churchill Downs Shares Outstanding 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=shares-outstanding&ticker=CHDN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();