What is Churchill Downs's restricted cash?

Churchill Downs (CHDN) reported restricted cash of $91M in Q1 2026.

How has Churchill Downs's restricted cash changed year-over-year?

Churchill Downs's restricted cash decreased by 6.2% year-over-year, from $97M to $91M.

What is the long-term trend for Churchill Downs's restricted cash?

Over 5 years (2020 to 2025), Churchill Downs's restricted cash has grown at a 10.4% compound annual growth rate (CAGR), from $53.6M to $88M.

What does restricted cash mean?

Cash restricted for specific purposes by contractual, regulatory, or legal requirements — not available for general corporate use.

Churchill Downs CHDN Restricted Cash

Restricted Cash at other companies

Caesars Entertainment, Inc.CZR

$92M-9.8%

DraftKings Inc.DKNG

$8.75M-47.8%

Boyd GamingBYD

$5.58M+5.0%

Wynn ResortsWYNN

$95.73M+0.4%

Flutter EntertainmentFLUT

$73M+35.2%

Las Vegas SandsLVS

$125M0.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$295.0M+19.4%

CapEx$19.0M+46.2%

Free cash flow$276.0M+17.9%

Valuation

See full

Market cap$6.15B-23.3%

Enterprise value$7.71B-19.3%

P/E15.8×-3.1×

P/S2.1×-0.8×

Profitability

See full

Operating margin23.5%-2.3pp

Net margin13.2%-2.0pp

FCF margin25.2%+0.8pp

Returns & leverage

See full

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:RestrictedCashAndCashEquivalentsAtCarryingValue.

The official record: Churchill Downs’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

Ask your AI about Churchill Downs's restricted cash.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Churchill Downs's restricted cash?: Churchill Downs (CHDN) reported restricted cash of $91M in Q1 2026.
How has Churchill Downs's restricted cash changed year-over-year?: Churchill Downs's restricted cash decreased by 6.2% year-over-year, from $97M to $91M.
What is the long-term trend for Churchill Downs's restricted cash?: Over 5 years (2020 to 2025), Churchill Downs's restricted cash has grown at a 10.4% compound annual growth rate (CAGR), from $53.6M to $88M.
What does restricted cash mean?: Cash restricted for specific purposes by contractual, regulatory, or legal requirements — not available for general corporate use.