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) Revenue growth

Alert me on Revenue growth

Churchill Downs, Incorporated's revenue growth over the twelve months to 30 September 2026 was 4.18%, down 2.8 percentage points from fiscal 2025 (7.01%). Over the past ten years it has ranged from −20.7% (fiscal 2020) to 51.5% (fiscal 2021); the current reading is higher than 36% of that period. That is below the Gambling industry median of 9.84% and in line with the Consumer Cyclical sector median of 4.18%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 7.01% (4.06)
FY2024 11.1% (24.95)
FY2023 36.0% 22.71
FY2022 13.3% (38.23)
FY2021 51.5% 72.27
FY2020 −20.7% (52.51)
FY2019 31.8% 17.46
FY2018 14.3% 7.00
FY2017 7.32% 4.34
FY2016 2.98% 4.65

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 1.90% (3.03)
Jun 2026 4.93% 1.82
Mar 2026 3.11% (3.57)
Dec 2025 6.68% (1.99)
43 more quarters

Against its own ten years

Low −20.7% High 51.5%
Ten-year median 11.1%
Current reading's percentile 36

Revenue growth against peers

Company Revenue growth
RSI Rush Street Interactive, Inc. compare 38.7%
SGHC Super Group (SGHC) Limited compare 21.2%
DKNG DraftKings Inc. compare 15.0%
FLUT Flutter Entertainment PLC compare 11.7%
ACEL Accel Entertainment, Inc. compare 9.00%
CHDN Churchill Downs, Incorporated 4.18%
LNWO Light & Wonder, Inc. compare 3.45%
BRSL Brightstar Lottery compare 0.65%
CDRO Codere Online Luxembourg, S.A. compare —
Gambling industry median 9.84%
Consumer Cyclical sector median 4.18%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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