Churchill Downs (CHDN) reported $2.9B in revenue for fiscal 2025, +7.0% year on year. That ranks #1117 by revenue among 2853 SEC filers and #49 in Communication services. Net income was $383M, a net margin of 13.1%. The fiscal 2025 balance sheet shows $7.5B in total assets, $201M in cash and $5.1B in long-term debt.

Key figures

$02011$02012$02013$02014$02015$822M2016$883M2017$1.0B2018$1.3B2019$1.1B2020$1.6B2021$1.8B2022$2.5B2023$2.7B2024$2.9B2025
Churchill Downs — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$2.9B+7.0%FY20252025-12-31
Gross profitNot reported—
Operating incomeOperatingIncomeLoss$684M−3.6%FY20252025-12-31
Net incomeNetIncomeLoss$383M−10.3%FY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivitiesContinuingOperations$770M−0.2%FY20252025-12-31
Capital expenditurePaymentsForCapitalImprovements$70.2M−16.0%FY20252025-12-31
Total assetsAssets$7.5B+2.9%FY20252025-12-31
Shareholders' equityStockholdersEquity$1.0B−6.8%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$201M+14.5%FY20252025-12-31
Long-term debtLongTermDebtNoncurrent$5.1B+4.6%FY20252025-12-31

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Reported since the last full year

Three-month figures this company has filed since FY2025. A quarter is not comparable with a full year, and these figures are used nowhere else on the site: not in any ranking, not in comparisons, not in the download.

Churchill Downs — Reported since the last full year
QuarterRevenueNet incomeSource
Q1 20262026-03-31$663M$83.0MOpen →
Q2 20262026-06-30$980M$241MOpen →

Only periods that end on a calendar quarter appear here. A company whose fiscal year ends in June files on a different calendar, so it has no row.

Where this sits in its sector

Each bar is the spread of the whole sector: the box covers the middle half of companies, the line inside it the median, and the triangle this company. The axis is clipped at the 5th and 95th percentile so a single outlier does not flatten it.

Churchill Downs — Where this sits in its sector
Where this sits in its sectorFY2025Position in sector
Net marginRank 17 of 83 companies compared13.1%
Operating marginRank 11 of 82 companies compared23.4%
R&D as share of revenueRank 17 of 22 companies compared1.3%
Cash as share of revenueRank 61 of 82 companies compared6.9%

All four are ratios derived from two reported lines, not single filing items. Peer group: companies in the same sector with revenue of $1bn or more; loss-making companies are included.

Profile

Legal name
Churchill Downs Inc
Ticker
CHDN
Exchange
Nasdaq
SIC classification
Services-Racing, Including Track Operation (7948)
Fiscal year end
12-31
CIK
0000020212

Filings

Similar in size, same sector

CompanyRevenueNet income
Life Time GroupLTH$3.0B$374M
SESSGBAF$3.0B−$107M
Vail ResortsMTN$3.0B$280M
Churchill DownsCHDN$2.9B$383M
StagwellSTGW$2.9B$30.6M
New York TimesNYT$2.8B$344M
Lionsgate StudiosLION$2.6B−$198M

See the full ranking →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Churchill Downs — Key figures |url=https://companiesranked.com/en/company/churchill-downs |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Churchill Downs — Key figures. CompaniesRanked. https://companiesranked.com/en/company/churchill-downs

BibTeX

@misc{companiesranked-en-company-churchill-downs-2026,
  author       = {{CompaniesRanked}},
  title        = {{Churchill Downs — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/churchill-downs}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000020212-26-000025 · February 25, 2026

{{cite web |title=Churchill Downs — Key figures — 10-K (0000020212-26-000025) |url=https://www.sec.gov/Archives/edgar/data/20212/000002021226000025/chdn-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-25}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.