Churchill Downs Incorporated (CHDN)
NASDAQ: CHDN · Real-Time Price · USD
88.17
+1.67 (1.93%)
Jul 27, 2026, 4:00 PM EDT - Market closed
Churchill Downs Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 200 | 201 | 175.5 | 144.5 | 129.8 | 291.3 |
Cash & Short-Term Investments | 200 | 201 | 175.5 | 144.5 | 129.8 | 291.3 |
Cash Growth | 14.81% | 14.53% | 21.45% | 11.33% | -55.44% | 332.20% |
Accounts Receivable | 99 | 93 | 98.7 | 106.9 | 81.5 | 42.3 |
Other Receivables | 6 | 17 | 14.5 | 12.6 | 14 | 66 |
Total Trade Receivables | 105 | 110 | 113.2 | 119.5 | 95.5 | 108.3 |
Other Current Assets | 147 | 132 | 123.6 | 136.8 | 119.2 | 101.9 |
Total Current Assets | 452 | 443 | 412.3 | 400.8 | 344.5 | 501.5 |
Net Property, Plant & Equipment | 2,910 | 2,919 | 2,875 | 2,561 | 1,978 | 994.9 |
Other Intangible Assets | 2,516 | 2,515 | 2,409 | 2,418 | 2,392 | 348.1 |
Goodwill | 900 | 900 | 900.2 | 899.9 | 723.8 | 366.8 |
Long-Term Investments | 685 | 685 | 661.2 | 655.9 | 659.4 | 663.6 |
Other Long-Term Assets | 22 | 23 | 18.3 | 19.3 | 109 | 106.7 |
Total Assets | 7,485 | 7,485 | 7,276 | 6,956 | 6,207 | 2,982 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 218 | 184 | 180.3 | 158.5 | 145.5 | 81.6 |
Accrued Expenses | 397 | 400 | 402 | 426.8 | 363.1 | 231.7 |
Current Portion of Long-Term Debt | 63 | 63 | 63.1 | 68 | 47 | 7 |
Unearned Revenue | 158 | 55 | 52.9 | 73.2 | 39 | 47.7 |
Other Current Liabilities | - | 31 | 31 | 29.3 | 27 | 27 |
Total Current Liabilities | 836 | 733 | 729.3 | 755.8 | 621.6 | 395 |
Long-Term Debt | 4,865 | 5,067 | 4,844 | 4,768 | 4,559 | 1,961 |
Other Long-Term Liabilities | 640 | 629 | 599.2 | 537.8 | 475 | 318.8 |
Total Long-Term Liabilities | 5,505 | 5,696 | 5,443 | 5,306 | 5,034 | 2,280 |
Total Liabilities | 6,341 | 6,429 | 6,173 | 6,062 | 5,655 | 2,675 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 3 | - | - | - | - | - |
Accumulated Other Comprehensive Income | -1 | -1 | -1 | -0.9 | -0.9 | -0.9 |
Retained Earnings | 1,094 | 1,011 | 1,085 | 894.5 | 552.4 | 307.7 |
Total Common Shareholders' Equity | 1,096 | 1,010 | 1,084 | 893.6 | 551.5 | 306.8 |
Minority Interest | 48 | 46 | 19.7 | - | - | - |
Shareholders' Equity | 1,144 | 1,056 | 1,103 | 893.6 | 551.5 | 306.8 |
Total Liabilities & Equity | 7,485 | 7,485 | 7,276 | 6,956 | 6,207 | 2,982 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 4,928 | 5,130 | 4,907 | 4,836 | 4,606 | 1,968 |
Net Cash (Debt) | -4,728 | -4,929 | -4,732 | -4,692 | -4,476 | -1,677 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -66.69 | -68.65 | -63.43 | -61.65 | -58.13 | -21.39 |
Book Value | 1,096 | 1,010 | 1,084 | 893.6 | 551.5 | 306.8 |
Book Value Per Share | 15.46 | 14.07 | 14.53 | 11.74 | 7.16 | 3.91 |
Tangible Book Value | -2,320 | -2,405 | -2,226 | -2,425 | -2,564 | -408.1 |
Tangible Book Value Per Share | -32.72 | -33.50 | -29.83 | -31.86 | -33.30 | -5.21 |