Churchill Downs (CHDN) Tax Rate (2010 - 2026)
Churchill Downs (CHDN) posted quarterly Tax Rate of 26.22% for Q2 2026, up 88.0% year-over-year from 13.95% in Q2 2025, and down 1.24% quarter-over-quarter from 26.55% in Q1 2026.
Churchill Downs (CHDN) Tax Rate (2010 - 2026) Analysis & Trends
Churchill Downs' Tax Rate history runs 17 years deep, the most recent figure standing at 26.22% for Q2 2026.
- In Q2 2026, Tax Rate rose 88.0% year-over-year to 26.22%; the TTM figure through Jun 2026 stood at 29.0% (up 571.0% YoY), while the FY2025 annual figure was 27.59%, up 245.0% from the prior year.
- Tax Rate for Q2 2026 stood at 26.22%, down from 26.55% in the prior quarter.
- The five-year high for Tax Rate was 132.26% in Q4 2022, with the low at 19.79% in Q1 2025.
- The 5-year median for Tax Rate is 25.84% (2023), against an average of 32.02%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate surged 11289 bps in 2022, then tumbled 11237 bps in 2023.
- Churchill Downs' Tax Rate stood at 132.26% in 2022, then plunged by 85 bps to 19.89% in 2023, then increased by 3 bps to 20.55% in 2024, then jumped by 86 bps to 38.18% in 2025, then plunged by 31 bps to 26.22% in 2026.
- Business Quant data shows CHDN's Tax Rate at 26.22% in Q2 2026, 26.55% in Q1 2026, and 38.18% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.48 Bn | 15.91 Bn | 1.71 Bn | 1.00% |
| 2 | DraftKings | 12.42 Bn | 11.42 Bn | 551.45 Mn | 2.50% |
| 3 | Super Group (SGHC) | 6.68 Bn | 6.26 Bn | - | -29.51% |
| 4 | Churchill Downs | 6.51 Bn | 6.31 Bn | 712.00 Mn | 26.22% |
| 5 | Rush Street Interactive | 2.83 Bn | 2.49 Bn | 139.66 Mn | 41.08% |
| 6 | Brightstar Lottery | 2.15 Bn | 877.09 Mn | 297.00 Mn | 31.52% |
| 7 | Accel Entertainment | 993.49 Mn | 738.04 Mn | 115.51 Mn | 32.10% |
| 8 | Codere Online Luxembourg | 416.60 Mn | 347.18 Mn | - | - |
| 9 | Inspired Entertainment | 170.71 Mn | 146.31 Mn | 52.10 Mn | 66.67% |
| 10 | Grandstand | 71.71 Mn | 62.91 Mn | 31.83 Mn | 7.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.22% |
| Jun 30, 2026 | 26.22% |
| Jun 30, 2026 | 26.22% |
| Mar 31, 2026 | 26.55% |
| Mar 31, 2026 | 26.55% |
| Mar 31, 2026 | 26.55% |
| Dec 31, 2025 | 38.18% |
| Dec 31, 2025 | 38.18% |
| Dec 31, 2025 | 38.18% |
| Sep 30, 2025 | 35.95% |
| Sep 30, 2025 | 35.95% |
| Sep 30, 2025 | 35.95% |
| Jun 30, 2025 | 25.34% |
| Jun 30, 2025 | 25.34% |
| Jun 30, 2025 | 25.34% |
| Mar 31, 2025 | 19.79% |
| Mar 31, 2025 | 19.79% |
| Mar 31, 2025 | 19.79% |
| Dec 31, 2024 | 20.55% |
| Dec 31, 2024 | 20.55% |