CHDN · XBRL financial data

Churchill Downs financial statements, every fiscal year

The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CHDN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,054	1,597	1,810	—	—	—
Revenue from contracts with customers	—	1,597	1,810	2,462	2,734	2,926
Selling, general and administrative	115	139	164	202	238	246
Total operating expenses	994	1,313	1,488	1,898	2,025	2,242
Operating income (loss)	60	284	322	564	709	684
Interest expense	80	85	147	268	290	298
Other income (expense)	—	—	7	6	9	7
Income tax expense (benefit)	(5)	95	169	145	144	147
Net income (loss)	(82)	249	439	417	427	383
Earnings per share, basic‡ USD per share	(1.04)	3.23	5.79	5.55	—	—
Earnings per share, diluted‡ USD per share	(1.04)	3.18	5.71	5.49	—	—
Weighted average shares, basic‡ millions of shares	79	77	76	75	74	71
Weighted average shares, diluted‡ millions of shares	80	78	77	76	75	72

‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (May 2023); filings made before it reported them unadjusted.

Fiscal years (CHDN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	67	291	130	145	176	201
Accounts receivable	37	42	82	107	99	94
Inventory	—	—	—	17	12	12
Total current assets	235	502	345	401	412	443
Property and equipment, net	1,060	968	1,946	2,538	2,852	2,881
Right-of-use asset	22	27	32	23	23	37
Goodwill	367	367	724	900	900	900
Total assets	2,686	2,982	6,207	6,956	7,276	7,485
Accounts payable	71	82	146	159	180	184
Current portion of long-term debt	4	7	47	68	63	63
Total current liabilities	424	395	622	756	729	733
Long-term debt	1,618	1,961	4,559	4,768	4,844	5,067
Lease liability, non-current	19	22	26	18	18	33
Total liabilities	2,319	2,675	5,655	6,062	6,173	6,429
Retained earnings	350	308	552	895	1,085	1,011
Total stockholders' equity	367	307	552	894	1,084	1,010
Total liabilities and equity	2,686	2,982	6,207	6,956	7,276	7,485
Common shares outstanding (cover page)‡ millions of shares	77	76	75	74	74	70

‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (May 2023); filings made before it reported them unadjusted.

Fiscal years (CHDN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(82)	249	439	417	427	383
Stock-based compensation	24	28	32	33	36	30
Net cash from operating activities	142	—	—	—	—	—
Net cash from investing activities	(239)	(100)	(3,104)	(718)	(545)	(472)
Share repurchases	28	298	175	56	186	428
Dividends paid	23	25	26	27	29	31
Proceeds from long-term debt	726	781	2,862	1,771	966	1,098
Net cash from financing activities	76	(1)	2,416	129	(197)	(263)
Net change in cash	(22)	235	(151)	17	31	36

SIC 7948 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 7948 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (7948) companies nearest in public float, each marked “added: same SIC”.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Churchill Downs	167	696	148*	68.5M	Q3 FY26 10-QSep 30, 2026
Canterbury Park Holdingadded: same SIC	14	not reported	4.2*	5.2M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.

Data on this page was fetched Nov 5, 2026, 9:46 PM ET. The filing on SEC.gov is the record.