Churchill Downs, Incorporated

CHDN Consumer Cyclical Gambling

Churchill Downs, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 7.01% from fiscal 2024.

Revenue
+1.90%
EPS
+111.7%
Free cash flow
+252.7%
Total debt
−7.52%

Quarter to September 2026, against a year earlier

98.25 0.25 +0.26%
Market cap
$6.7B
P/E
15.2×
Fwd P/E
14.0×
Dividend yield
0.45%
F-score
6/9
Altman Z
1.59
Beneish M
−2.74
Dividend safety
74/100

Churchill Downs, Incorporated (CHDN) Current ratio

Alert me on Current ratio

Churchill Downs, Incorporated's current ratio at the end of the quarter to 30 September 2026 was 0.3×, down 0.3× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.3× (fiscal 2015) to 1.3× (fiscal 2021); the current reading is higher than 73% of that period. That is below the Gambling industry median of 1.1× and below the Consumer Cyclical sector median of 1.5×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.6× 6.92%
FY2024 0.6× 6.60%
FY2023 0.5× (4.31%)
FY2022 0.6× (56.35%)
FY2021 1.3× 129.09%
FY2020 0.6× (24.54%)
FY2019 0.7× (21.97%)
FY2018 0.9× 66.55%
FY2017 0.6× 7.54%
FY2016 0.5× 53.16%

Quarterly newest first

Period Current ratio Change
Sep 2026 0.3× (11.20%)
Jun 2026 0.4× (34.14%)
Mar 2026 0.5× (10.54%)
Dec 2025 0.6× 5.65%
43 more quarters

Against its own ten years

Low 0.3× High 1.3×
Ten-year median 0.6×
Current reading's percentile 73

Current ratio against peers

Company Current ratio
SGHC Super Group (SGHC) Limited compare 2.3×
ACEL Accel Entertainment, Inc. compare 2.3×
RSI Rush Street Interactive, Inc. compare 2.2×
LNWO Light & Wonder, Inc. compare 1.7×
CDRO Codere Online Luxembourg, S.A. compare 1.5×
BRSL Brightstar Lottery compare 1.1×
DKNG DraftKings Inc. compare 1.0×
FLUT Flutter Entertainment PLC compare 0.9×
CHDN Churchill Downs, Incorporated 0.3×
Gambling industry median 1.1×
Consumer Cyclical sector median 1.5×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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