Canterbury Park Holding (CPHC) Gross Margin (2015 - 2026)
Canterbury Park Holding (CPHC) reported Gross Margin of 89.71% for Q1 2026, down 57.0% on a YoY basis from 208.62% in Q1 2025, and down 1.87% sequentially from 91.42% in Q4 2025.
Canterbury Park Holding (CPHC) Gross Margin (2015 - 2026) Analysis & Trends
Canterbury Park Holding (CPHC) has 12 years of Gross Margin data on file, last reported at 89.71% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 57.0% year-over-year to 89.71%; the trailing twelve-month figure through Mar 2026 stood at 90.93% (up 19.0% YoY), and the FY2025 full-year result was 91.07%, up 1.0% from the prior year.
- Gross Margin fell to 89.71% in Q1 2026, from 91.42% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 93.2% in Q2 2022 to a low of 88.57% in Q4 2024.
- A 5-year average of 91.34% and a median of 91.5% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 301 bps in 2023 and surged 285 bps in 2025, its largest moves.
- Tracing CPHC's Gross Margin over 5 years: stood at 91.26% in 2022, then dropped by 0 bps to 90.81% in 2023, then fell by 2 bps to 88.57% in 2024, then advanced by 3 bps to 91.42% in 2025, then dropped by 2 bps to 89.71% in 2026.
- Business Quant data shows CPHC's Gross Margin at 89.71% in Q1 2026, 91.42% in Q4 2025, and 91.02% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 97.43% |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 97.02% |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 94.08% |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 98.68% |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | - |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | 96.69% |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | - |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 95.41% |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 85.38% |
| 10 | Canterbury Park Holding | 79.70 Mn | 62.50 Mn | 12.12 Mn | 89.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 89.71% |
| Dec 31, 2025 | 91.42% |
| Sep 30, 2025 | 91.02% |
| Jun 30, 2025 | 91.50% |
| Mar 31, 2025 | 90.28% |
| Dec 31, 2024 | 88.57% |
| Sep 30, 2024 | 91.51% |
| Jun 30, 2024 | 91.79% |
| Mar 31, 2024 | 91.69% |
| Dec 31, 2023 | 90.81% |
| Sep 30, 2023 | 92.78% |
| Jun 30, 2023 | 90.19% |
| Mar 31, 2023 | 91.55% |
| Dec 31, 2022 | 91.26% |
| Sep 30, 2022 | 92.81% |
| Jun 30, 2022 | 93.20% |
| Mar 31, 2022 | 92.75% |
| Dec 31, 2021 | 91.76% |
| Sep 30, 2021 | 90.94% |
| Jun 30, 2021 | 92.92% |