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

Churchill Downs has reported Tax Rate for 17 years, with the latest figure at 26.22% in Q2 2026.

• On a quarterly basis, Tax Rate rose 88.0% year-over-year to 26.22% in Q2 2026; TTM through Jun 2026 was 29.0%, a 571.0% increase from a year earlier, with the FY2025 full-year figure at 27.59%, up 245.0% from the prior year.
• Tax Rate was 26.22% for Q2 2026 at Churchill Downs, 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.
• Average Tax Rate over 5 years is 32.02%, with a median of 25.84% recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 11289 bps in 2022, then tumbled 11237 bps in 2023.
• Over 5 years, Tax Rate stood at 132.26% in 2022, then plunged by 85 bps to 19.89% in 2023, then gained by 3 bps to 20.55% in 2024, then soared by 86 bps to 38.18% in 2025, then plunged by 31 bps to 26.22% in 2026.
• The last three Tax Rate figures came in at 26.22% (Q2 2026), 26.55% (Q1 2026), and 38.18% (Q4 2025), per Business Quant data.