Churchill Downs Inc
Churchill Downs Incorporated (NASDAQ: CHDN) operates as a diversified entertainment company with over 150 years of history centered on its flagship asset, the Kentucky Derby. The company's website is www.churchilldownsincorporated.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Churchill Downs Inc does
In the company’s own words
Churchill Downs Incorporated (NASDAQ: CHDN) operates as a diversified entertainment company with over 150 years of history centered on its flagship asset, the Kentucky Derby. The company's website is www.churchilldownsincorporated.com.
The company manages its business through three primary reportable segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment generates revenue from pari-mutuel wagering commissions, simulcast fees, admissions, sponsorships, and food and beverage services across Churchill Downs Racetrack in Louisville, Kentucky and historical racing properties in Kentucky, Virginia, and New Hampshire. Churchill Downs Racetrack conducts approximately 80 live thoroughbred racing days annually and features one of the world's largest 4K video boards. The company operates ten historical racing entertainment venues across these states, including Derby City Gaming, Turfway Park, and various Rosie's locations.
The Wagering Services and Solutions segment encompasses TwinSpires, an advance deposit wagering platform for online horse racing; United Tote, which manufactures and operates pari-mutuel wagering systems; Exacta, a provider of central determinant system technology for historical racing machines; and retail and online sports betting operations. The Gaming segment includes ten wholly owned casino properties across Florida, Indiana, Iowa, Louisiana, Maine, Maryland, Mississippi, New York, and Pennsylvania, plus equity investments in Illinois and Ohio gaming properties. These facilities operate slot machines, table games, video lottery terminals, and ancillary amenities including hotels and restaurants.
As of December 31, 2025, Churchill Downs employed approximately 9,000 team members, including 6,600 full-time employees. The company operates 540,000 square feet of historical racing entertainment space with 10,190 historical racing machines and maintains gaming properties totaling 646,000 square feet with 14,335 slot and video lottery terminals and 356 table games across multiple states. The company's operations span live racing, historical racing machines, online wagering, retail sports betting, and regional casino gaming, positioning it as a comprehensive entertainment and gaming enterprise serving customers across numerous jurisdictions.
Company details
- Sector
- Consumer Discretionary
- Industry
- Services
- Headquarters
- LOUISVILLE, KY
- Fiscal year end
- December
- CIK
- 20212
- SIC
- 7948
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Churchill Downs Inc — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Churchill Downs Inc’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Churchill Downs Inc’s bonds, as funds hold them
Funds report holding 4 issues of Churchill Downs Inc’s debt, $1.23B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.72%, maturing 2027 to 2031.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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