Churchill Downs (CHDN) Shares Outstanding (Diluted) (2010 - 2026)
Churchill Downs' Shares Outstanding (Diluted) came in at 70 million for Q2 2026, down 3.2% from 72.3 million a year earlier and unchanged from the prior quarter.
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Analysis
Churchill Downs (CHDN) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Churchill Downs' Shares Outstanding (Diluted) was 71.8 million, down 3.8% from FY2024.
- Shares Outstanding (Diluted) has declined in each of the last 12 years, with a five-year compound annual growth rate of -2.2% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 74.6 million in FY2024 (-2.0%), 76.1 million in FY2023 (-1.2%), 77 million in FY2022 (-1.8%) and 78.4 million in FY2021 (-2.2%).
- The five-year range for quarterly Shares Outstanding (Diluted) is 70 million (Q1 2026) to 78.4 million (Q4 2021).
- Year-over-year, Shares Outstanding (Diluted) has declined for 11 consecutive quarters, with an average decline of 3.3% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q3 2023 (growth of 0.4%), and the weakest in Q1 2026 (a decline of 5.9%).
- Business Quant data shows CHDN's Shares Outstanding (Diluted) at 70 million (Q1 2026), 71.8 million (Q4 2025) and 71 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 656.00 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 | 24.25 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 | 227.34 Mn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 102.98 Mn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 257.76 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 78.50 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.00 Mn |
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 71.80 Mn |
| Sep 30, 2025 | 71.00 Mn |
| Jun 30, 2025 | 72.30 Mn |
| Mar 31, 2025 | 74.40 Mn |
| Dec 31, 2024 | 74.60 Mn |
| Sep 30, 2024 | 74.60 Mn |
| Jun 30, 2024 | 74.60 Mn |
| Mar 31, 2024 | 74.70 Mn |
| Dec 31, 2023 | 76.10 Mn |
| Sep 30, 2023 | 77.10 Mn |
| Jun 30, 2023 | 76.90 Mn |
| Mar 31, 2023 | 76.20 Mn |
| Dec 31, 2022 | 77.00 Mn |
| Sep 30, 2022 | 76.80 Mn |
| Jun 30, 2022 | 77.20 Mn |
| Mar 31, 2022 | 77.60 Mn |
| Dec 31, 2021 | 78.40 Mn |
| Sep 30, 2021 | 78.40 Mn |
API Access
Churchill Downs Shares Outstanding (Diluted) 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-diluted&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();