State Ledger
Company profile

Churchill Downs Inc CIK 20212

Ticker
CHDN (Nasdaq)
Industry
Services-Racing, Including Track Operation
Headquarters
Louisville, KY 40222-5389
Fiscal year end
2025 (FY)
Market Data
Close
$80.52
Change
+$0.55
Change %
0.69%
Volume
80,768

CHDN · trading date Oct 12, 2026 · previous close $79.97 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$2.93B
Net income
$383.00M
Total assets
$7.48B
Total liabilities
$6.43B
Stockholders' equity
$1.01B
Cash & equivalents
$200.60M
Operating income
$683.80M
Operating cash flow
$769.80M
Capital expenditures
$70.20M

Fiscal year 2025, via 10-K filed 2026-02-25. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
23.4%
Net margin
13.1%
Free cash flow
$699.60M
Free cash flow margin
23.9%
Liabilities / assets
85.9%
Equity / assets
13.5%
CapEx / revenue
2.4%
Operating cash flow / net income
2.01×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $2.93B $383.00M $7.48B $6.43B $1.01B
2024 $2.73B $426.80M $7.28B $6.17B $1.08B
2023 $2.46B $417.30M $6.96B $6.06B $893.60M
2022 $1.81B $439.40M $6.21B $5.66B $551.50M
2021 $1.60B $249.10M $2.98B $2.67B $306.80M
Company Details
SIC code
7948
State of incorporation
KY
Active filer
Yes
Most recent SEC filing
Form SCHEDULE 13G
2026-07-31
Financials filed via
Form 10-K
filed 2026-02-25

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Louisville, KY 40222-5389
600 N HURSTBOURNE PKWY
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:31 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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