Churchill Downs Inc. Balance Sheet
CHDN / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 15 fiscal years. All figures from audited SEC 10-K filings.
Churchill Downs Inc. had $7.5B in total assets and $1.0B in shareholders' equity as of FY2025. Total debt was $5.1B against $201M in cash, resulting in $4.9B net debt.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.83 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 39.0%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $200.6M | $175.5M | $144.5M | $129.8M | $291.3M | $67.4M | $96.2M | $133.3M | $51.7M | $45.3M | $74.5M | $67.9M | $44.7M | $37.2M | $27.3M |
| Accounts Receivable | $93.5M | $98.7M | $106.9M | $81.5M | $42.3M | $36.5M | $37.3M | $28.8M | $49.6M | $81.4M | $67.8M | $75.9M | $46.6M | $47.2M | $49.8M |
| Inventory | $11.9M | $11.6M | $17.2M | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $443.2M | $412.3M | $400.8M | $344.5M | $501.5M | $235.1M | $221.2M | $241.5M | $256.1M | $246.0M | $219.6M | $242.5M | $160.7M | $147.1M | $144.5M |
| PP&E (Net) | $2.9B | $2.9B | $2.5B | $1.9B | $968.4M | $1.1B | $912.5M | $757.5M | $608.0M | $574.4M | $573.2M | $595.3M | $585.5M | $542.9M | $477.4M |
| Goodwill | $900.2M | $900.2M | $899.9M | $723.8M | $366.8M | $366.8M | $367.1M | $338.0M | $317.6M | $301.5M | $841.7M | $840.9M | $300.6M | $250.4M | $213.7M |
| Total Assets | $7.5B | $7.3B | $7.0B | $6.2B | $3.0B | $2.7B | $2.6B | $1.7B | $2.4B | $2.3B | $2.3B | $2.4B | $1.4B | $1.1B | $948.0M |
| Current Liabilities | $733.3M | $729.3M | $755.8M | $621.6M | $395.0M | $424.2M | $301.2M | $256.6M | $453.2M | $468.1M | $640.1M | $336.2M | $213.2M | $406.6M | $173.5M |
| Total Debt | $5.1B | $4.8B | $4.8B | $4.6B | $2.0B | $1.6B | $1.5B | $884.3M | $1.1B | $921.7M | $781.8M | $764.1M | $369.2M | $209.7M | $127.6M |
| Shareholders' Equity | $1.0B | $1.1B | $893.6M | $551.5M | $306.8M | $367.1M | $508.3M | $473.3M | $640.3M | $685.0M | $617.2M | $700.1M | $704.8M | $644.3M | $584.0M |