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Churchill Downs CHDN Property and equipment additions included in accounts payable and accrued expenses

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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%
Enterprise value$7.71B-19.3%
P/E15.8×-3.1×
P/S2.1×-0.8×

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:PropertyAndEquipmentAdditionsIncludedInAccountsPayableAndAccruedExpenses.

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 property and equipment additions included in accounts payable and accrued expenses?
Churchill Downs (CHDN) reported property and equipment additions included in accounts payable and accrued expenses of $17M in Q1 2026.
How has Churchill Downs's property and equipment additions included in accounts payable and accrued expenses changed year-over-year?
Churchill Downs's property and equipment additions included in accounts payable and accrued expenses decreased by 64.6% year-over-year, from $48M to $17M.
What is the long-term trend for Churchill Downs's property and equipment additions included in accounts payable and accrued expenses?
Over 2 years (2021 to 2023), Churchill Downs's property and equipment additions included in accounts payable and accrued expenses has grown at a 128.8% compound annual growth rate (CAGR), from $18.7M to $97.9M.
What does property and equipment additions included in accounts payable and accrued expenses mean?
Captures the value of capital expenditures for property and equipment that have been recognized as liabilities but not yet paid for in cash. This metric helps reconcile the difference between capital investment activity and actual cash outflows for investing. It provides insight into the timing of capital project payments and working capital management.