Churchill Downs Quarterly Balance Sheet
NASDAQ: CHDNConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Churchill Downs financial position
As of Jun 30, 2026, Churchill Downs reported total assets of $7.52 billion, up 2.0% from a year earlier against total liabilities of $6.13 billion. Shareholders' equity stood at $1.34 billion, or 17.8% of assets. The company held $196.0 million in cash and equivalents against $4.77 billion of debt, a net debt position of $4.58 billion.
The current ratio (current assets divided by current liabilities) was 0.36, meaning short-term obligations exceed short-term assets. Debt-to-equity was 3.56.
Summary generated from market data by MetaCap's automated system. Methodology
Churchill Downs balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 196.00M | 200.00M | 201.00M | 180.50M | 182.40M | 174.20M | 175.50M | 152.70M | 140.30M | 149.40M | 144.50M | 129.90M |
| Receivables | 129.00M | 99.00M | 93.00M | 89.70M | 118.40M | 108.60M | 98.70M | 93.20M | 136.10M | 115.00M | 106.90M | 102.20M |
| Inventory | 11.00M | 11.00M | 12.00M | 12.40M | 12.60M | 11.60M | 11.60M | — | — | — | 17.20M | — |
| Total Current Assets | 484.00M | 452.00M | 443.00M | 414.90M | 464.00M | 452.40M | 412.30M | 387.40M | 436.00M | 416.00M | 400.80M | 370.60M |
| Property, Plant & Equipment | 2.91B | 2.91B | 2.92B | 2.93B | 2.92B | 2.91B | 2.85B | 2.81B | 2.75B | 2.67B | 2.54B | 2.38B |
| Goodwill | 900.00M | 900.00M | 900.00M | 900.20M | 900.20M | 900.20M | 900.20M | 900.20M | 900.20M | 900.20M | 899.90M | 899.90M |
| Intangible Assets | 2.51B | 2.52B | 2.52B | 2.52B | 2.41B | 2.41B | 2.41B | 2.41B | 2.41B | 2.42B | 2.42B | 2.42B |
| Total Assets | 7.52B | 7.49B | 7.49B | 7.45B | 7.38B | 7.35B | 7.28B | 7.17B | 7.17B | 7.07B | 6.96B | 6.75B |
| Accounts Payable | 261.00M | 218.00M | 184.00M | 194.00M | 231.00M | 207.10M | 180.30M | 182.40M | 215.00M | 187.80M | 158.50M | 169.00M |
| Short-Term Debt | 663.00M | 63.00M | 63.00M | 63.10M | 63.10M | 63.10M | 63.10M | 63.10M | 68.00M | 68.00M | 68.00M | 68.00M |
| Total Current Liabilities | 1.36B | 836.00M | 733.00M | 725.20M | 772.10M | 846.10M | 729.30M | 710.10M | 763.20M | 837.20M | 755.80M | 669.90M |
| Long-Term Debt | 4.11B | 4.87B | 5.07B | 5.04B | 4.94B | 4.81B | 4.84B | 4.77B | 4.79B | 4.86B | 4.77B | 4.65B |
| Total Liabilities | 6.13B | 6.34B | 6.43B | 6.38B | 6.31B | 6.25B | 6.17B | 6.06B | 6.12B | 6.24B | 6.06B | 5.86B |
| Shareholders' Equity | 1.34B | 1.10B | 1.01B | 1.03B | 1.04B | 1.07B | 1.08B | 1.10B | 1.03B | 826.90M | 893.60M | 888.70M |
| Retained Earnings | 1.33B | 1.09B | 1.01B | 1.04B | 1.04B | 1.07B | 1.08B | 1.10B | 1.03B | 827.80M | 894.50M | 889.60M |
| Total Debt | 4.77B | 4.93B | 5.13B | 5.11B | 5.01B | 4.88B | 4.91B | 4.83B | 4.86B | 4.93B | 4.84B | 4.72B |
| Net Cash (Debt) | -4.58B | -4.73B | -4.93B | -4.93B | -4.82B | -4.70B | -4.73B | -4.68B | -4.72B | -4.78B | -4.69B | -4.59B |
| Shares Outstanding | — | — | 69.60M | — | — | — | 73.50M | — | — | — | 74.50M | — |
This table shows 12 quarterly periods of Churchill Downs's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow CHDN's reporting calendar. What is a balance sheet?