Churchill Downs annual net debt
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2025
Churchill Downs Net Debt Growth & History (CHDN)
Churchill Downs's net debt was $5.02B for fiscal 2025.
View full Churchill Downs company overviewChurchill Downs annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.02B | $191.5M | +3.97% |
| 2024 | 2024-12-31 | $4.83B | $35.2M | +0.73% |
| 2023 | 2023-12-31 | $4.79B | $236.1M | +5.18% |
| 2022 | 2022-12-31 | $4.56B | $2.83B | +163.70% |
| 2021 | 2021-12-31 | $1.73B | $128.3M | +8.02% |
| 2020 | 2020-12-31 | $1.60B | $178.2M | +12.53% |
| 2019 | 2019-12-31 | $1.42B | $659.3M | +86.44% |
| 2018 | 2018-12-31 | $762.7M | −$327.6M | −30.05% |
| 2017 | 2017-12-31 | $1.09B | $245.8M | +29.11% |
| 2016 | 2016-12-31 | $844.5M | $130.3M | +18.24% |
| 2015 | 2015-12-31 | $714.3M | $11.8M | +1.68% |
| 2014 | 2014-12-31 | $702.5M | $378.0M | +116.48% |
| 2013 | 2013-12-31 | $324.5M | $151.9M | +88.06% |
| 2012 | 2012-12-31 | $172.6M | $72.3M | +72.14% |
| 2011 | 2011-12-31 | $100.2M | −$138.0M | −57.92% |
| 2010 | 2010-12-31 | $238.2M | — | — |
Churchill Downs quarterly net debt
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Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.58B | −$245.9M | −5.10% |
| Q1 2026 | 2026-03-31 | $4.73B | $25.2M | +0.54% |
| Q4 2025 | 2025-12-31 | $5.02B | $191.5M | +3.97% |
| Q3 2025 | 2025-09-30 | $4.93B | $244.7M | +5.23% |
| Q2 2025 | 2025-06-30 | $4.82B | $103.9M | +2.20% |
| Q1 2025 | 2025-03-31 | $4.70B | −$74.7M | −1.56% |
| Q4 2024 | 2024-12-31 | $4.83B | $35.2M | +0.73% |
| Q3 2024 | 2024-09-30 | $4.68B | $88.1M | +1.92% |
| Q2 2024 | 2024-06-30 | $4.72B | $1.96B | +70.80% |
| Q1 2024 | 2024-03-31 | $4.78B | $2.40B | +101.07% |
| Q4 2023 | 2023-12-31 | $4.79B | $236.1M | +5.18% |
| Q3 2023 | 2023-09-30 | $4.59B | $4.70B | — |
| Q2 2023 | 2023-06-30 | $2.76B | $3.07B | — |
| Q1 2023 | 2023-03-31 | $2.38B | $2.66B | — |
| Q4 2022 | 2022-12-31 | $4.56B | $2.83B | +163.70% |
| Q3 2022 | 2022-09-30 | −$103.6M | $205.1M | — |
| Q2 2022 | 2022-06-30 | −$303.2M | $32.0M | — |
| Q1 2022 | 2022-03-31 | −$287.5M | −$146.8M | — |
| Q4 2021 | 2021-12-31 | $1.73B | $128.3M | +8.02% |
| Q3 2021 | 2021-09-30 | −$308.7M | $309.3M | — |
| Q2 2021 | 2021-06-30 | −$335.2M | $310.0M | — |
| Q1 2021 | 2021-03-31 | −$140.7M | $556.2M | — |
| Q4 2020 | 2020-12-31 | $1.60B | $178.2M | +12.53% |
| Q3 2020 | 2020-09-30 | −$618.0M | −$844.2M | — |
| Q2 2020 | 2020-06-30 | −$645.2M | −$858.6M | — |
| Q1 2020 | 2020-03-31 | −$696.9M | −$994.5M | — |
| Q4 2019 | 2019-12-31 | $1.42B | $659.3M | +86.44% |
| Q3 2019 | 2019-09-30 | $226.2M | −$34.7M | −13.30% |
| Q2 2019 | 2019-06-30 | $213.4M | $75.0M | +54.19% |
| Q1 2019 | 2019-03-31 | $297.6M | $106.2M | +55.49% |
| Q4 2018 | 2018-12-31 | $762.7M | −$327.6M | −30.05% |
| Q3 2018 | 2018-09-30 | $260.9M | −$209.7M | −44.56% |
| Q2 2018 | 2018-06-30 | $138.4M | −$296.2M | −68.15% |
| Q1 2018 | 2018-03-31 | $191.4M | −$108.5M | −36.18% |
| Q4 2017 | 2017-12-31 | $1.09B | $245.8M | +29.11% |
| Q3 2017 | 2017-09-30 | $470.6M | $201.8M | +75.07% |
| Q2 2017 | 2017-06-30 | $434.6M | $158.2M | +57.24% |
| Q1 2017 | 2017-03-31 | $299.9M | −$42.3M | −12.36% |
| Q4 2016 | 2016-12-31 | $844.5M | $130.3M | +18.24% |
| Q3 2016 | 2016-09-30 | $268.8M | $32.8M | +13.88% |
| Q2 2016 | 2016-06-30 | $276.4M | $21.9M | +8.59% |
| Q1 2016 | 2016-03-31 | $342.2M | −$8.0M | −2.29% |
| Q4 2015 | 2015-12-31 | $714.3M | $11.8M | +1.68% |
| Q3 2015 | 2015-09-30 | $236.0M | −$105.3M | −30.85% |
| Q2 2015 | 2015-06-30 | $254.5M | −$67.6M | −20.98% |
| Q1 2015 | 2015-03-31 | $350.2M | $31.6M | +9.93% |
| Q4 2014 | 2014-12-31 | $702.5M | $378.0M | +116.48% |
| Q3 2014 | 2014-09-30 | $341.4M | $60.3M | +21.46% |
| Q2 2014 | 2014-06-30 | $322.1M | $207.6M | +181.17% |
| Q1 2014 | 2014-03-31 | $318.6M | $170.6M | +115.22% |
| Q4 2013 | 2013-12-31 | $324.5M | $151.9M | +88.06% |
| Q3 2013 | 2013-09-30 | $281.0M | $241.0M | +602.60% |
| Q2 2013 | 2013-06-30 | $114.6M | $83.4M | +267.47% |
| Q1 2013 | 2013-03-31 | $148.0M | $69.2M | +87.67% |
| Q4 2012 | 2012-12-31 | $172.6M | $72.3M | +72.14% |
| Q3 2012 | 2012-09-30 | $40.0M | −$89.4M | −69.09% |
| Q2 2012 | 2012-06-30 | $31.2M | −$122.8M | −79.75% |
| Q1 2012 | 2012-03-31 | $78.9M | — | — |
| Q4 2011 | 2011-12-31 | $100.2M | −$138.0M | −57.92% |
| Q3 2011 | 2011-09-30 | $129.4M | — | — |
| Q2 2011 | 2011-06-30 | $153.9M | — | — |
| Q4 2010 | 2010-12-31 | $238.2M | — | — |
Churchill Downs net debt trends
Over the last five fiscal years, Churchill Downs's net debt increased from $1.60B to $5.02B, a change of $3.42B. The latest reported quarter, Q2 2026, shows $4.58B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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