What is Churchill Downs's debt-to-assets?

Churchill Downs (CHDN) reported debt-to-assets of 0.2× in Q1 2026.

How has Churchill Downs's debt-to-assets changed year-over-year?

Churchill Downs's debt-to-assets increased by 0.7% year-over-year, from 0.2× to 0.2×.

What is the long-term trend for Churchill Downs's debt-to-assets?

Over 5 years (2020 to 2025), Churchill Downs's debt-to-assets has grown at a 90.1% compound annual growth rate (CAGR), from 0× to 0.3×.

What does debt-to-assets mean?

Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.

Churchill Downs CHDN Debt-to-assets

Debt-to-assets at other companies

MGM Resorts InternationalMGM

0.8×0.0×

Caesars Entertainment, Inc.CZR

0.8×0.0×

DraftKings Inc.DKNG

0.2×0.0×

Boyd GamingBYD

0.4×-0.2×

Wynn ResortsWYNN

0.9×0.0×

Flutter EntertainmentFLUT

0.4×+0.1×

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

Calculated from Churchill Downs’s reported figures.

total debt/total assets=0.2×

Based on the most recent quarter.

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 debt-to-assets.

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

Connect your AI

Claude

Questions, answered.

What is Churchill Downs's debt-to-assets?: Churchill Downs (CHDN) reported debt-to-assets of 0.2× in Q1 2026.
How has Churchill Downs's debt-to-assets changed year-over-year?: Churchill Downs's debt-to-assets increased by 0.7% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for Churchill Downs's debt-to-assets?: Over 5 years (2020 to 2025), Churchill Downs's debt-to-assets has grown at a 90.1% compound annual growth rate (CAGR), from 0× to 0.3×.
What does debt-to-assets mean?: Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.