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Churchill Downs CHDN Pre-Tax Income

Pre-Tax Income at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
$202.25M-24.2%
DraftKings Inc. logo
DraftKings Inc.DKNG
$22.92M+158%
Boyd Gaming logo
Boyd GamingBYD
$137.01M-10.0%
Wynn Resorts logo
Wynn ResortsWYNN
$160.67M+73.8%
Flutter Entertainment logo
Flutter EntertainmentFLUT
$234M-33.9%
Red Rock Resorts, Inc. logo
Red Rock Resorts, Inc.RRR
$95.85M-3.0%

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 us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?
Churchill Downs (CHDN) reported pre-tax income of $113M in Q1 2026.
How has Churchill Downs's pre-tax income changed year-over-year?
Churchill Downs's pre-tax income increased by 17.7% year-over-year, from $96M to $113M.
What is the long-term trend for Churchill Downs's pre-tax income?
Over 4 years (2021 to 2025), Churchill Downs's pre-tax income has grown at a 11.6% compound annual growth rate (CAGR), from $343.6M to $532.5M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.