Churchill Downs

Churchill Downs EBIT Margin

The EBIT Margin (Operating Margin) of Churchill Downs (CHDN) as of Nov 13, 2026 is 25.17 %. In the previous year, EBIT Margin (Operating Margin) was 25.93 % — a change of -2.94% (lower).

EBIT Margin

25.17 %

YoY

-2.94%

Last updated:

EBIT Margin (Operating Margin) of Churchill Downs is 2025 25.17 % . EBIT Margin (Operating Margin) of Churchill Downs was 2024 25.93 % . It decreases by -2.94% lower compared to the previous year.

For Churchill Downs, the operating (EBIT) margin of 25.2% is up versus 17.8% a few years ago.

The Churchill Downs EBIT Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT Margin
Date
EBIT Margin
Jan 1, 2018
18.71 USD
Jan 1, 2019
16.22 USD
Jan 1, 2020
5.71 USD
Jan 1, 2021
17.81 USD
Jan 1, 2022
17.78 USD
Jan 1, 2023
22.91 USD
Jan 1, 2024
25.93 USD
Jan 1, 2025
25.17 USD
The Churchill Downs EBIT Margin history
YEAREBIT MarginYoY
25.17 %-2.94%
25.93 %+13.18%
22.91 %+28.85%
17.78 %-0.14%
17.81 %+211.76%
5.71 %-64.79%
16.22 %-13.31%
18.71 %+13.35%
16.51 %+11.24%
14.84 %+45.54%
10.20 %-8.30%
11.12 %+9,517.75%
0.12 %-12.48%
0.13 %+13.64%
0.12 %+115.57%
0.05 %-31.73%
0.08 %-35.56%
0.12 %+49.69%
0.08 %-37.79%
0.13 %—

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Churchill Downs Stock analysis

What does Churchill Downs do? Churchill Downs Inc. is an American company headquartered in Louisville, Kentucky. The company is best known for hosting the annual Kentucky Derby, which is considered one of the most prestigious horse racing events in the world. The history of Churchill Downs dates back to 1875, when the first edition of the Kentucky Derby took place. At that time, Churchill Downs was merely the location where the race was held. But soon the organizers recognized the potential in the grounds and the associated infrastructure. In 1937, a group of investors purchased the facilities and established Churchill Downs Incorporated. Over the years, the company has continued to evolve and is now a major player in the horse racing and gaming industry. Churchill Downs' business model consists of three main areas: horse racing, online sports betting, and gaming. The horse racing division, considered the core business of the company, includes racetracks in Kentucky, Florida, Illinois, and Louisiana. Throughout the year, various races and events are held here, including the Kentucky Derby, Kentucky Oaks, Preakness Stakes, and Belmont Stakes. Churchill Downs' online sports betting division is operated by its subsidiary TwinSpires. Customers from the United States can place bets on horse and greyhound races, as well as other sports such as baseball, basketball, or hockey. TwinSpires works closely with U.S. racetracks and offers customers a variety of betting options and bonuses. The gaming division of Churchill Downs includes several casinos and racetracks in different states. The facilities offer slot machines, table games, live entertainment, and restaurants. Some of Churchill Downs' most well-known casinos and racetracks include Harlow's Casino Resort & Spa in Mississippi and Presque Isle Downs & Casino in Pennsylvania. In addition to its three main business segments, Churchill Downs also offers a variety of products and services specialized in horse racing and betting. These include horse betting software, horse betting feeds and data, and in-house wager management systems. These products and services are not only used by Churchill Downs itself, but also by other racetrack operators and betting providers around the world. In recent years, Churchill Downs has made further acquisitions and partnerships to diversify and expand its business. In 2018, the company acquired the Ocean Downs racetrack in Maryland and the Lady Luck Casino in Mississippi. It also formed a partnership with online betting provider SBTech to further advance the sports betting sector. Overall, Churchill Downs Inc. is now a leading company in the horse racing industry with strong interests in the online sports betting and casino sectors. The company has a long and successful history and will continue to play an important role in the international horse racing and gaming industry. Churchill Downs is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Churchill Downs stock

EBIT Margin (Operating Margin) of Churchill Downs is 25.17 % in 2025.

EBIT Margin (Operating Margin) of Churchill Downs changed from 25.93 % to 25.17 %, representing a -2.94% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EBIT Margin (Operating Margin) Churchill Downs since 2006 – with annual values, charts, and detailed analysis.

EBIT Margin measures operating profitability as a percentage of revenue. It shows how much profit a company makes from operations before interest and taxes.

A 'good' varies by industry and company stage. On Eulerpool, you can compare EBIT Margin (Operating Margin)'s Churchill Downs with sector peers and the industry average to assess whether it is attractive.

To evaluate EBIT Margin (Operating Margin)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EBIT Margin (Operating Margin).

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Margins — Churchill Downs

Gross MarginEBIT MarginEBITDA MarginNet MarginFCF MarginR&D / RevenueTax RatePayout RatioPre-Tax MarginOCF MarginSGA/RevenueOpEx/RevenueReinvestment Rate

All Key Metrics — Churchill Downs