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Churchill Downs CHDN Accounts Payable

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Other financials

Income statement

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Revenue$980.0M+4.9%
Operating income$357.0M+8.9%
Net income$241.0M+11.1%
EPS (diluted)$3.42+14.4%

Balance sheet

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Cash & equivalents$295.0M+3.3%
Total debt$2.3B+18.9%
Total equity$1.3B+28.7%
Total assets$7.5B+2.0%

Cash flow

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Operating cash flow$217.0M-9.8%
CapEx$19.0M+0.5%
Free cash flow$198.0M-10.6%

Valuation

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Market cap$6.06B-15.6%
Enterprise value$8.05B-8.7%
P/E14.7×-2.0×
P/S-0.5×

Profitability

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Operating margin24.1%-1.2pp
Net margin13.8%-1.4pp
FCF margin24%-1.0pp

Returns & leverage

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Return on equity34.7%-6.9pp
Debt / equity1.7×-0.1×
Current ratio0.4×-0.2×

Where this comes from

Reported directly by Churchill Downs in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The source filing: Churchill Downs’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000020212-26-000059
(in millions)June 30, 2026December 31, 2025
Total assets$7,521$7,485
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable$261$184
Accrued expenses and other current liabilities370400
Income taxes payable38
Current deferred revenue2755
Current maturities of long-term debt and notes payable66363

Item 1. Financial Statements (Unaudited)

FAQ

What is Churchill Downs's accounts payable?
Churchill Downs (CHDN) reported accounts payable of $261M in Q2 2026.
How has Churchill Downs's accounts payable changed year-over-year?
Churchill Downs's accounts payable increased by 13.0% year-over-year, from $231M to $261M.
What is the long-term trend for Churchill Downs's accounts payable?
Over 5 years (2020 to 2025), Churchill Downs's accounts payable has grown at a 21.1% compound annual growth rate (CAGR), from $70.7M to $184.3M.
What does accounts payable mean?
Amounts owed to suppliers and vendors for goods and services received but not yet paid. A primary source of short-term trade financing.

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