Skip to content
OpenCapital
Get started

Churchill Downs CHDN Gaming — Gaming Taxes

Similar metrics at other companies

Caesars Entertainment, Inc. logo
CZRRegional — Gaming Taxes
$320M+6.3%
Caesars Entertainment, Inc. logo
CZRLas Vegas — Gaming Taxes
$29M-3.3%
Caesars Entertainment, Inc. logo
CZRManaged And Branded — Gaming Taxes
$0—
MGM Resorts International logo
MGMRegional Operations — Gaming taxes
$188.51M+2.1%
MGM Resorts International logo
MGMMGM Digital — Gaming taxes
$45.63M+49.0%
Caesars Entertainment, Inc. logo
CZRCaesars Digital — Gaming Taxes
$105M+22.1%

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$6.15B-23.3%
Enterprise value$7.71B-19.3%
P/E15.8×-3.1×
P/S2.1×-0.8×

Profitability

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

Returns & leverage

See full
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:GamingTaxes.

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

Ask your AI about Churchill Downs's gaming — gaming taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Churchill Downs's gaming — gaming taxes?
Churchill Downs (CHDN) reported gaming — gaming taxes of $75M in Q1 2026.
How has Churchill Downs's gaming — gaming taxes changed year-over-year?
Churchill Downs's gaming — gaming taxes increased by 4.2% year-over-year, from $72M to $75M.
What is the long-term trend for Churchill Downs's gaming — gaming taxes?
Over 3 years (2022 to 2025), Churchill Downs's gaming — gaming taxes has grown at a 8.5% compound annual growth rate (CAGR), from $241.7M to $308.3M.
What does gaming — gaming taxes mean?
Reflects the mandatory tax obligations imposed by state and local jurisdictions on gross gaming revenue generated by casino properties. This is a primary variable cost that scales with the volume of gaming activity and directly impacts the segment's net profitability.