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) Total debt

Alert me on Total debt

Churchill Downs, Incorporated's total debt at the end of fiscal 2025 was $5.1B, unchanged from fiscal 2024. At the end of the quarter to 30 September 2026 it was $4.7B. Over the past ten years it has ranged from $781.8M (fiscal 2015) to $5.1B (fiscal 2025) — the current reading is the highest in ten years. Churchill Downs, Incorporated ranks 3rd of 14 Gambling companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $5.1B 4.54%
FY2024 $4.9B 1.47%
FY2023 $4.8B 5.01%
FY2022 $4.6B 134.03%
FY2021 $2.0B 21.31%
FY2020 $1.6B 10.07%
FY2019 $1.5B 66.67%
FY2018 $884.3M (21.69%)
FY2017 $1.1B 22.51%
FY2016 $921.7M 17.89%

Quarterly newest first

Period Total debt Change
Sep 2026 $4.7B (1.07%)
Jun 2026 $4.8B (3.15%)
Mar 2026 $4.9B (3.94%)
Dec 2025 $5.1B 0.47%
43 more quarters

Against its own ten years

Low $781.8M High $5.1B
Ten-year median $1.6B
Current reading's percentile 100

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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