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Churchill Downs CHDN Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Net income attributable to noncontrolling interests1111
Net income attributable to Churchill Downs Incorporated$241$217$324$294
Net income attributable to Churchill Downs Incorporated per common share data:
Basic net income$3.43$3.02$4.59$4.02
Diluted net income$3.42$2.99$4.58$3.98
Weighted average shares outstanding:
Basic70727073
Diluted70727073

Item 1. Financial Statements (Unaudited)

FAQ

What is Churchill Downs's shares (diluted)?
Churchill Downs (CHDN) reported shares (diluted) of 70M in Q2 2026.
How has Churchill Downs's shares (diluted) changed year-over-year?
Churchill Downs's shares (diluted) decreased by 3.2% year-over-year, from 72.3M to 70M.
What is the long-term trend for Churchill Downs's shares (diluted)?
Over 4 years (2021 to 2025), Churchill Downs's shares (diluted) has grown at a 16.5% compound annual growth rate (CAGR), from 157.3M to 289.5M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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