Revenue
2009
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2021
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2023
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2025
Churchill Downs Inc (CHDN)
Price$87.07Cached quote
Net income
2009
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2018
2019
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2021
2022
2023
2024
2025
Free cash flow
2010
2011
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2021
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2025
Total cash / debt
CashTotal debt
2009
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2017
2018
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2021
2022
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2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.93B | $2.73B | $2.46B | $1.81B | $1.60B | $1.05B | $1.33B | $1.01B | $882.6M | $822.4M | $0 | $0 | $0 | $0 | $0 | $598.7M | $472.6M |
| Research & development | — | — | — | — | — | — | — | — | — | $39.0M | $39.4M | $0 | $0 | — | — | — | — |
| Operating expenses | $2.24B | $2.03B | $1.90B | $1.49B | $1.31B | $993.8M | $1.11B | $820.2M | $736.9M | $649.9M | $672.3M | $721.8M | — | — | — | — | — |
| Operating income | $683.8M | $709.0M | $564.0M | $321.8M | $284.4M | $60.2M | $215.7M | $188.8M | $145.7M | $172.5M | $126.3M | $90.4M | $90.1M | $96.5M | $81.0M | $31.6M | $34.7M |
| Operating margin | 23.37% | 25.93% | 22.91% | 17.78% | 17.81% | 5.71% | 16.22% | 18.71% | 16.51% | 20.98% | — | — | — | — | — | 5.27% | 7.35% |
| EBITDA | $916.9M | $908.1M | $733.0M | $435.5M | $387.6M | $153.1M | $312.1M | $252.4M | $242.8M | $281.1M | $236.0M | $158.7M | $151.8M | $152.2M | $136.2M | $78.1M | $65.0M |
| EBITDA margin | 31.34% | 33.21% | 29.78% | 24.06% | 24.27% | 14.53% | 23.47% | 25.01% | 27.51% | 34.18% | — | — | — | — | — | 13.04% | 13.75% |
| Net income | $383.0M | $426.8M | $417.3M | $439.4M | $249.1M | −$81.9M | $137.5M | $352.8M | $140.5M | $108.1M | $65.2M | $46.4M | $54.9M | $58.3M | $64.4M | $16.4M | $16.8M |
| Net profit margin | 13.09% | 15.61% | 16.95% | 24.28% | 15.60% | −7.77% | 10.34% | 34.97% | 15.92% | 13.14% | — | — | — | — | — | 2.73% | 3.56% |
| Basic EPSper basic share | $5.32 | $5.73 | $5.55 | $5.79 | $3.22 | -$0.52 | $0.86 | $2.14 | $0.74 | $0.54 | $0.10 | $0.07 | $0.09 | $0.09 | $0.11 | $0.03 | $0.03 |
| Diluted EPSper diluted share | $5.29 | $5.68 | $5.49 | $5.71 | $3.18 | -$0.52 | $0.85 | $2.12 | $0.73 | $0.54 | $0.10 | $0.07 | $0.09 | $0.09 | $0.10 | $0.03 | $0.03 |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
BlackRock, Inc. | 6.2M |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.21M |
VANGUARD CAPITAL MANAGEMENT LLC | 2.99M |
FMR LLC | 2.95M |
LONDON CO OF VIRGINIA | 2.46M |
STATE STREET CORP | 2.05M |
CITADEL ADVISORS LLC | 1.71M |
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.44M |
GEODE CAPITAL MANAGEMENT, LLC | 1.34M |
HARRINGTON DANIEL P | 1.27M |
JENNISON ASSOCIATES LLC | 1.26M |
Balyasny Asset Management L.P. | 1.22M |
Boston Partners | 1.19M |
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.03M |
AQR CAPITAL MANAGEMENT LLC | 843.85K |
NORGES BANK | 841.18K |
SCHRODER INVESTMENT MANAGEMENT GROUP | 797.39K |
UBS Group AG | 795.61K |
Clearbridge Investments, LLC | 786.32K |
BANK OF AMERICA CORP /DE/ | 770.85K |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 7, 2025Form 4 | GRISSOM DOUGLAS CDirector | BuyCommon Stock | 10.0K | $92.77 | $927.7K | 38.9K |
| May 5, 2025Form 4 | Rankin R AlexDirector | BuyCommon Stock | 2.0K | $92.65 | $185.3K | 99.0K |
| May 2, 2025Form 4 | VARGA PAUL CDirector | BuyCommon Stock | 2.0K | $92.97 | $185.9K | 33.3K |
Community posts
Churchill Downs prices $500 million term loan and outlines refinancing
Churchill Downs ($CHDN) priced a $500 million senior secured term loan maturing in 2033. The borrowing carries interest at SOFR plus 1.75 percentage points and is issued at 99.875% of face value. Proceeds are intended to refinance existing ...
