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.

• On a quarterly basis, Tax Rate rose 676.0% year-over-year to 26.55% in Q1 2026; TTM through Mar 2026 was 28.79%, a 382.0% increase from a year earlier, with the FY2025 full-year figure at 27.59%, up 245.0% from the prior year.
• Tax Rate declined to 26.55% in Q1 2026 per CHDN's latest filing, from 38.18% in the prior quarter.
• Across five years, Tax Rate topped out at 132.26% in Q4 2022 and bottomed at 19.79% in Q1 2025.
• The 5-year median for Tax Rate is 25.48% (2025), against an average of 32.37%.
• Across the five-year window, Tax Rate surged 11289 bps in 2022 and plunged 11237 bps in 2023, its largest moves.
• Year by year, Tax Rate stood at 132.26% in 2022, then tumbled by 85 bps to 19.89% in 2023, then rose by 3 bps to 20.55% in 2024, then surged by 86 bps to 38.18% in 2025, then tumbled by 30 bps to 26.55% in 2026.
• Per Business Quant, the three latest CHDN Tax Rate figures stand at 26.55% (Q1 2026), 38.18% (Q4 2025), and 35.95% (Q3 2025).