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Churchill Downs CHDN Impairment Charges

Impairment Charges at other companies

PENN Entertainment, Inc. logo
PENN Entertainment, Inc.PENN
$0-100%
Boyd Gaming logo
Boyd GamingBYD
$0-100%

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:AssetImpairmentCharges.

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, except per common share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gaming192191380383
All Other54108
Selling, general and administrative expense6161120116
Asset impairments, net22
Transaction expense, net1222
Total operating expense6236071,1431,115
Operating income357327500462
Other (expense) income:

Item 1. Financial Statements (Unaudited)

FAQ

What is Churchill Downs's impairment charges?
Churchill Downs (CHDN) reported impairment charges of $0 in Q2 2026.
How has Churchill Downs's impairment charges changed year-over-year?
Churchill Downs's impairment charges decreased by 100.0% year-over-year, from $2.4M to $0.
What is the long-term trend for Churchill Downs's impairment charges?
Over 2 years (2021 to 2023), Churchill Downs's impairment charges has grown at a 26.8% compound annual growth rate (CAGR), from $15.3M to $24.6M.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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