Churchill Downs Inc
Churchill Downs Incorporated (Nasdaq: CHDN) operates horse racing, wagering technology and services, and regional casino gaming businesses. Its Live and Historical Racing segment includes Churchill Downs Racetrack, home of the Kentucky Derby, and historical racing entertainment venues in Kentucky, Virginia, and New… From the company’s description.
Over the twelve months to Sep 30, 2026, Churchill Downs Inc reported revenue of $3.00B, up 4.2% from a year earlier, and net income of $456.50M. Its operating margin was 25.5%, and operations generated $756.00M in cash. In fiscal 2025, it reported revenue of $2.93B, up 7.0% from fiscal 2024, and net income of $385.50M.
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 horse racing, wagering technology and services, and regional casino gaming businesses. Its Live and Historical Racing segment includes Churchill Downs Racetrack, home of the Kentucky Derby, and historical racing entertainment venues in Kentucky, Virginia, and New Hampshire. The Wagering Services and Solutions segment includes TwinSpires, an online horse-racing wagering platform; United Tote pari-mutuel wagering systems; Exacta historical racing machine technology; and retail and third-party online sports betting. Its Gaming segment operates casino properties and associated racetracks, offering gaming, hotels, food and beverage, entertainment, and wagering. The company’s properties and services serve racegoers, gaming and wagering customers, and third-party racetracks and operators. The Kentucky Derby, held at Churchill Downs since 1875, is its flagship event; other key brands include TwinSpires and Rosie’s. As of December 31, 2025, Churchill Downs had approximately 9,000 team members, including seasonal employees. Its website is www.churchilldownsincorporated.com.
Company details
- Sector
- Consumer Discretionary
- Industry (SIC)
- Services
- Headquarters
- LOUISVILLE, KY
- Fiscal year end
- December
- CIK
- 20212
- SIC
- 7948
Financial performance, year by year
Fiscal 2011–2025 · 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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