Canterbury Park Holding (CPHC) Gross Margin (2015 - 2026)
Canterbury Park Holding (CPHC) posted Gross Margin of 89.71% for Q1 2026, down 1.87% sequentially from 91.42% in Q4 2025, and down 57.0% YoY from 208.62% in Q1 2025.
Canterbury Park Holding (CPHC) Gross Margin (2015 - 2026) Analysis & Trends
Canterbury Park Holding has reported Gross Margin for 12 years, with the latest figure at 89.71% in Q1 2026.
- Quarterly Gross Margin fell 57.0% year-over-year to 89.71% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 90.93% (up 19.0% YoY) and the FY2025 annual result came in at 91.07%, up 1.0% from the prior year.
- Gross Margin fell to 89.71% in Q1 2026 per CPHC's latest filing, from 91.42% in the prior quarter.
- Over five years, Gross Margin peaked at 93.2% in Q2 2022 and troughed at 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.
- The sharpest annual moves came in 2023 and 2025: Gross Margin sank 301 bps in 2023, then jumped 285 bps in 2025.
- Over 5 years, Gross Margin stood at 91.26% in 2022, then retreated by 0 bps to 90.81% in 2023, then slipped by 2 bps to 88.57% in 2024, then increased by 3 bps to 91.42% in 2025, then retreated by 2 bps to 89.71% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 89.71%, 91.42%, and 91.02% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.61 Bn | 27.23 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 11.02 Bn | 8.47 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 10.35 Bn | 8.77 Bn | 1.14 Bn | 61.15% |
| 4 | Boyd Gaming | 6.07 Bn | 5.75 Bn | 766.76 Mn | 74.13% |
| 5 | Caesars Entertainment | 6.06 Bn | 5.00 Bn | 2.04 Bn | 68.09% |
| 6 | Vail Resorts | 5.49 Bn | 5.12 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.89 Bn | 3.59 Bn | 1.29 Bn | 97.80% |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | 36.75% |
| 9 | Red Rock Resorts | 3.55 Bn | 2.94 Bn | 420.02 Mn | 82.32% |
| 10 | Canterbury Park Holding | 82.36 Mn | 63.32 Mn | 14.65 Mn | 90.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 90.63% |
| 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% |