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Goodwill at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
$4.77B-8.1%
PENN Entertainment, Inc. logo
PENN Entertainment, Inc.PENN
$1.77B-33.2%
Caesars Entertainment, Inc. logo
Caesars Entertainment, Inc.CZR
$10.44B-1.5%
DraftKings Inc. logo
DraftKings Inc.DKNG
$1.6B+2.7%
Boyd Gaming logo
Boyd GamingBYD
$957.95M0.0%
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
$195.68M0.0%

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:Goodwill.

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 current assets484443
Property and equipment, net2,9112,919
Investment in and advances to unconsolidated affiliates690685
Goodwill900900
Other intangible assets, net2,5132,515
Other assets2323
Total assets$7,521$7,485
LIABILITIES AND SHAREHOLDERS' EQUITY

Item 1. Financial Statements (Unaudited)

FAQ

What is Churchill Downs's goodwill?
Churchill Downs (CHDN) reported goodwill of $900M in Q2 2026.
How has Churchill Downs's goodwill changed year-over-year?
Churchill Downs's goodwill decreased by 0.0% year-over-year, from $900.2M to $900M.
What is the long-term trend for Churchill Downs's goodwill?
Over 5 years (2020 to 2025), Churchill Downs's goodwill has grown at a 19.7% compound annual growth rate (CAGR), from $366.8M to $900.2M.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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