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Churchill Downs CHDN Gaming — Adjusted EBITDA Selling, General & Administrative Expenses

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Other financials

Income statement

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Revenue$663.0M+3.1%
Operating income$143.0M+5.9%
Net income$83.0M+7.8%
EPS (diluted)$1.16+13.7%

Balance sheet

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Cash & equivalents$291.0M+7.4%
Total debt$1.8B+2.6%
Total equity$1.1B+2.2%
Total assets$7.5B+1.9%

Cash flow

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Operating cash flow$295.0M+19.4%
CapEx$19.0M+46.2%
Free cash flow$276.0M+17.9%

Valuation

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Market cap$6.15B-23.3%

Profitability

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Operating margin23.5%-2.3pp
Net margin13.2%-2.0pp
FCF margin25.2%+0.8pp

Returns & leverage

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Return on equity35.9%-8.7pp
Debt / equity1.7×0.0×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Churchill Downs in its filing.

Tagged under the XBRL concept chdn:AdjustedEBITDASellingGeneralAdministrativeExpenses.

The official record: Churchill Downs’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Churchill Downs's gaming — adjusted EBITDA selling, general & administrative expenses?
Churchill Downs (CHDN) reported gaming — adjusted EBITDA selling, general & administrative expenses of $12M in Q1 2026.
How has Churchill Downs's gaming — adjusted EBITDA selling, general & administrative expenses changed year-over-year?
Churchill Downs's gaming — adjusted EBITDA selling, general & administrative expenses increased by 9.1% year-over-year, from $11M to $12M.
What is the long-term trend for Churchill Downs's gaming — adjusted EBITDA selling, general & administrative expenses?
Over 4 years (2021 to 2025), Churchill Downs's gaming — adjusted EBITDA selling, general & administrative expenses has grown at a 12.3% compound annual growth rate (CAGR), from $27.9M to $44.3M.
What does gaming — adjusted EBITDA selling, general & administrative expenses mean?
Covers the overhead costs related to the management and administration of the gaming segment that are excluded from direct operational expenses. This metric provides insight into the efficiency of the segment's corporate support structure and administrative overhead.