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Churchill Downs CHDN Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions

Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions at other companies

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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$6.02B-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:UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions.

The official record: Churchill Downs’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Churchill Downs's unrecognized tax benefits increases resulting from current period tax positions?
Churchill Downs (CHDN) reported unrecognized tax benefits increases resulting from current period tax positions of $25K in Q4 2025.
How has Churchill Downs's unrecognized tax benefits increases resulting from current period tax positions changed year-over-year?
Churchill Downs's unrecognized tax benefits increases resulting from current period tax positions decreased by 66.7% year-over-year, from $75K to $25K.
What is the long-term trend for Churchill Downs's unrecognized tax benefits increases resulting from current period tax positions?
Over 4 years (2021 to 2025), Churchill Downs's unrecognized tax benefits increases resulting from current period tax positions has grown at a 0.0% compound annual growth rate (CAGR), from $100K to $100K.
What does unrecognized tax benefits increases resulting from current period tax positions mean?
Measures the increase in potential tax liabilities arising from new tax positions taken during the current reporting period. This serves as an indicator of tax-related risk and the aggressiveness of the company's tax filing positions.