Churchill Downs (CHDN) Tax Rate (2010 - 2026)

Churchill Downs' Tax Rate history runs 17 years deep, the most recent figure standing at 26.55% for Q1 2026.

• In Q1 2026, Tax Rate rose 676.0% year-over-year to 26.55%; the TTM figure through Mar 2026 stood at 28.79% (up 382.0% YoY), while the FY2025 annual figure was 27.59%, up 245.0% from the prior year.
• Tax Rate was 26.55% for Q1 2026 at Churchill Downs, down from 38.18% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 132.26% in Q4 2022 to a low of 19.79% in Q1 2025.
• Historically, Tax Rate has averaged 32.37% across 5 years, with a median of 25.48% in 2025.
• The sharpest annual moves came in 2022 and 2023: Tax Rate soared 11289 bps in 2022, then plunged 11237 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 132.26% in 2022, then slumped by 85 bps to 19.89% in 2023, then advanced by 3 bps to 20.55% in 2024, then surged by 86 bps to 38.18% in 2025, then sank by 30 bps to 26.55% in 2026.
• The last three Tax Rate figures came in at 26.55% (Q1 2026), 38.18% (Q4 2025), and 35.95% (Q3 2025), per Business Quant data.