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Churchill Downs CHDN Accrued expenses and other current liabilities

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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:AccruedLiabilitiesAndOtherCurrentLiabilitiesCurrent.

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 accrued expenses and other current liabilities?
Churchill Downs (CHDN) reported accrued expenses and other current liabilities of $397M in Q1 2026.
How has Churchill Downs's accrued expenses and other current liabilities changed year-over-year?
Churchill Downs's accrued expenses and other current liabilities decreased by 6.3% year-over-year, from $423.6M to $397M.
What is the long-term trend for Churchill Downs's accrued expenses and other current liabilities?
Over 5 years (2020 to 2025), Churchill Downs's accrued expenses and other current liabilities has grown at a 19.0% compound annual growth rate (CAGR), from $167.8M to $400M.
What does accrued expenses and other current liabilities mean?
This represents short-term obligations that have been incurred but not yet paid, including items such as employee compensation, taxes, and operational expenses. It serves as a measure of the company's immediate financial commitments and working capital requirements. Monitoring this balance helps investors evaluate the company's short-term liquidity position and the timing of cash outflows related to ongoing business activities.