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) Net income

Alert me on Net income

Churchill Downs, Incorporated's net income for fiscal 2025 was $385.5M, down 10.2% from $429.1M in fiscal 2024. Over the twelve months to 30 September 2026 it was $456.5M. Over the past ten years it has ranged from −$82.1M (fiscal 2020) to $439.4M (fiscal 2022); the current reading is higher than 73% of that period. Churchill Downs, Incorporated ranks 1st of 15 Gambling companies by net income.

Net income, annual

Embed this chart

Annual newest first

Period Net income Change
FY2025 $385.5M (10.16%)
FY2024 $429.1M 2.83%
FY2023 $417.3M (5.03%)
FY2022 $439.4M 76.40%
FY2021 $249.1M —
FY2020 −$82.1M —
FY2019 $137.2M (61.11%)
FY2018 $352.8M 151.10%
FY2017 $140.5M 29.97%
FY2016 $108.1M 65.80%

Quarterly newest first

Period Net income Change
Sep 2026 $80.0M (66.94%)
Jun 2026 $242.0M 191.57%
Mar 2026 $83.0M 61.17%
Dec 2025 $51.5M 32.05%
43 more quarters

Against its own ten years

Low −$82.1M High $439.4M
Ten-year median $249.1M
Current reading's percentile 73

Net income against peers

What Net income is

Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.

Reported line item

The full definition of Net income →

More on CHDN