Churchill Downs (CHDN) Revenue & Revenue Breakdown
Churchill Downs Revenue Highlights
Latest Revenue (Y)
$2.46B
Latest Revenue (Q)
$890.70M
Main Segment (Y)
Gaming
Churchill Downs Revenue by Period
Churchill Downs Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.46B | 36.02% |
| 2022-12-31 | $1.81B | 13.31% |
| 2021-12-31 | $1.60B | 51.54% |
| 2020-12-31 | $1.05B | -20.73% |
| 2019-12-31 | $1.33B | 31.78% |
| 2018-12-31 | $1.01B | 14.32% |
| 2017-12-31 | $882.60M | -32.55% |
| 2016-12-31 | $1.31B | 7.94% |
| 2015-12-31 | $1.21B | 49.13% |
| 2014-12-31 | $812.93M | 4.31% |
| 2013-12-31 | $779.33M | 6.41% |
| 2012-12-31 | $732.38M | 5.10% |
| 2011-12-31 | $696.85M | 19.05% |
| 2010-12-31 | $585.35M | 33.12% |
| 2009-12-31 | $439.70M | 2.12% |
| 2008-12-31 | $430.57M | 4.83% |
| 2007-12-31 | $410.74M | 9.04% |
| 2006-12-31 | $376.67M | -7.86% |
| 2005-12-31 | $408.80M | -11.73% |
| 2004-12-31 | $463.11M | 9.16% |
| 2003-12-31 | $424.23M | -3.41% |
| 2002-12-31 | $439.19M | 2.85% |
| 2001-12-31 | $427.04M | 17.96% |
| 2000-12-31 | $362.02M | 40.10% |
| 1999-12-31 | $258.40M | 75.42% |
| 1998-12-31 | $147.30M | 23.89% |
| 1997-12-31 | $118.90M | 10.19% |
| 1996-12-31 | $107.90M | 16.77% |
| 1995-12-31 | $92.40M | 40.21% |
| 1994-12-31 | $65.90M | 19.17% |
| 1993-12-31 | $55.30M | - |
Churchill Downs generated $2.46B in revenue during NA 2023, up 36.02% compared to the previous quarter, and up 243.97% compared to the same period a year ago.
Churchill Downs Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $890.70M | 50.74% |
| 2024-03-31 | $590.90M | 5.29% |
| 2023-12-31 | $561.20M | -1.97% |
| 2023-09-30 | $572.50M | -25.50% |
| 2023-06-30 | $768.50M | 37.35% |
| 2023-03-31 | $559.50M | 16.54% |
| 2022-12-31 | $480.10M | 25.32% |
| 2022-09-30 | $383.10M | -34.23% |
| 2022-06-30 | $582.50M | 59.98% |
| 2022-03-31 | $364.10M | -0.19% |
| 2021-12-31 | $364.80M | -7.18% |
| 2021-09-30 | $393.00M | -23.70% |
| 2021-06-30 | $515.10M | 58.83% |
| 2021-03-31 | $324.30M | 16.57% |
| 2020-12-31 | $278.20M | -17.64% |
| 2020-09-30 | $337.80M | 82.50% |
| 2020-06-30 | $185.10M | -26.81% |
| 2020-03-31 | $252.90M | -9.87% |
| 2019-12-31 | $280.60M | -8.39% |
| 2019-09-30 | $306.30M | -35.84% |
| 2019-06-30 | $477.40M | 79.88% |
| 2019-03-31 | $265.40M | 21.19% |
| 2018-12-31 | $219.00M | -1.04% |
| 2018-09-30 | $221.30M | -41.67% |
| 2018-06-30 | $379.40M | 100.42% |
| 2018-03-31 | $189.30M | 5.81% |
| 2017-12-31 | $178.90M | -43.17% |
| 2017-09-30 | $314.80M | -30.34% |
| 2017-06-30 | $451.90M | 61.68% |
| 2017-03-31 | $279.50M | 0.43% |
| 2016-12-31 | $278.30M | -8.27% |
| 2016-09-30 | $303.40M | -30.81% |
| 2016-06-30 | $438.50M | 52.05% |
| 2016-03-31 | $288.40M | 5.88% |
| 2015-12-31 | $272.39M | -2.64% |
| 2015-09-30 | $279.76M | -31.64% |
| 2015-06-30 | $409.24M | 63.10% |
| 2015-03-31 | $250.91M | 49.08% |
| 2014-12-31 | $168.31M | -3.08% |
| 2014-09-30 | $173.66M | -42.81% |
| 2014-06-30 | $303.65M | 81.49% |
| 2014-03-31 | $167.31M | 3.38% |
| 2013-12-31 | $161.83M | -12.83% |
| 2013-09-30 | $185.65M | -34.58% |
| 2013-06-30 | $283.77M | 91.64% |
| 2013-03-31 | $148.07M | -6.58% |
| 2012-12-31 | $158.49M | -3.87% |
| 2012-09-30 | $164.88M | -39.12% |
| 2012-06-30 | $270.82M | 95.97% |
| 2012-03-31 | $138.20M | -7.42% |
| 2011-12-31 | $149.26M | -10.27% |
| 2011-09-30 | $166.35M | -33.38% |
| 2011-06-30 | $249.69M | 89.80% |
| 2011-03-31 | $131.55M | -24.41% |
| 2010-12-31 | $174.04M | 28.21% |
| 2010-09-30 | $135.74M | -32.30% |
| 2010-06-30 | $200.51M | 167.17% |
| 2010-03-31 | $75.05M | -11.74% |
| 2009-12-31 | $85.03M | -15.72% |
| 2009-09-30 | $100.90M | -43.96% |
| 2009-06-30 | $180.04M | 144.16% |
| 2009-03-31 | $73.74M | -14.20% |
| 2008-12-31 | $85.94M | -13.71% |
| 2008-09-30 | $99.60M | -44.45% |
| 2008-06-30 | $179.30M | 172.82% |
| 2008-03-31 | $65.72M | -26.20% |
| 2007-12-31 | $89.06M | - |
Churchill Downs generated $890.70M in revenue during Q2 2024, up 50.74% compared to the previous quarter, and up 159.20% compared to the same period a year ago.
Churchill Downs Revenue Breakdown
Churchill Downs Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Product and Service, Other | $241.30M | $152.90M | $61.00M | $61.50M | $126.00M |
| Gaming | $968.60M | $755.90M | $695.40M | $441.40M | $585.80M |
| Pari-Mutuel, Live And Simulcast Racing | $468.20M | $462.30M | $502.60M | $475.10M | $407.90M |
| Pari-Mutuel, Historical Racing | $767.70M | $383.90M | $253.00M | $93.60M | $81.60M |
| Racing Event-Related Services | $152.30M | $131.60M | $76.70M | $24.70M | $128.40M |
Churchill Downs's latest annual revenue breakdown by segment (product or service), as of Dec 23: Gaming (37.28%), Pari-Mutuel, Historical Racing (29.55%), Pari-Mutuel, Live And Simulcast Racing (18.02%), Product and Service, Other (9.29%), and Racing Event-Related Services (5.86%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Racing Event-Related Services | $177.40M | $6.50M | $4.70M | $138.20M | $2.90M | $5.50M | $3.10M | $122.10M | $900.00K | $3.50M | $6.90M | $65.60M | $700.00K | $2.10M | $20.00M | $1.20M | $1.40M | $5.00M | $5.50M | $116.40M |
| Gaming | $274.20M | $228.40M | $244.30M | $245.90M | $250.00M | $210.90M | $183.40M | $184.30M | $177.30M | $172.10M | $185.30M | $186.00M | $152.00M | $121.70M | $134.80M | $34.80M | $122.30M | $143.30M | $178.30M | $177.60M |
| Pari-Mutuel, Historical Racing | $221.40M | $197.90M | $187.40M | $191.10M | $191.30M | $148.40M | $82.20M | $79.70M | $73.60M | $69.00M | $66.20M | $64.90M | $52.90M | $38.80M | $27.10M | $7.30M | $20.40M | $22.90M | $21.30M | $19.90M |
| Pari-Mutuel, Live And Simulcast Racing | $170.30M | $97.90M | $107.40M | $160.90M | $102.00M | $95.50M | $96.40M | $170.40M | $100.00M | $103.30M | $112.30M | $175.10M | $111.90M | $110.50M | $146.90M | $133.00M | $84.70M | $82.50M | $93.70M | $150.10M |
| Product and Service, Other | $85.90M | $61.20M | $61.60M | $67.70M | $50.80M | $43.90M | $34.60M | $46.00M | $28.40M | $7.80M | $26.20M | $17.60M | $9.40M | $27.40M | $16.30M | $8.80M | $24.10M | $26.90M | $26.40M | $22.00M |
Churchill Downs's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Gaming (29.51%), Pari-Mutuel, Historical Racing (23.83%), Racing Event-Related Services (19.09%), Pari-Mutuel, Live And Simulcast Racing (18.33%), and Product and Service, Other (9.24%).
Churchill Downs Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| IGT | International Game | $4.31B | $1.07B |
| LNW | Light & Wonder | $2.90B | $756.00M |
| CHDN | Churchill Downs | $2.46B | $890.70M |
| ACEL | Accel Entertainment | $1.17B | $309.41M |
| EVRI | Everi | $807.82M | $191.19M |
| AGS | PlayAGS | $356.54M | $96.74M |
| INSE | Inspired Entertainment | $323.00M | $75.60M |
| NGMS | NeoGames | $191.54M | $47.76M |
CHDN Revenue FAQ
What is Churchill Downs’s yearly revenue?
Churchill Downs's yearly revenue for 2023 was $2.46B, representing an increase of 36.02% compared to 2022. The company's yearly revenue for 2022 was $1.81B, representing an increase of 13.31% compared to 2021. CHDN's yearly revenue for 2021 was $1.6B, representing an increase of 51.54% compared to 2020.
What is Churchill Downs’s quarterly revenue?
Churchill Downs's quarterly revenue for Q2 2024 was $890.7M, a 50.74% increase from the previous quarter (Q1 2024), and a 15.90% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $590.9M, a 5.29% increase from the previous quarter (Q4 2023), and a 5.61% increase year-over-year (Q1 2023). CHDN's quarterly revenue for Q4 2023 was $561.2M, a -1.97% decrease from the previous quarter (Q3 2023), and a 16.89% increase year-over-year (Q4 2022).
What is Churchill Downs’s revenue growth rate?
Churchill Downs's revenue growth rate for the last 3 years (2021-2023) was 54.13%, and for the last 5 years (2019-2023) was 85.13%.
What are Churchill Downs’s revenue streams?
Churchill Downs's revenue streams in c 23 are Product and Service, Other, Gaming, Pari-Mutuel, Live And Simulcast Racing, Pari-Mutuel, Historical Racing, and Racing Event-Related Services. Product and Service, Other generated $241.3M in revenue, accounting 9.29% of the company's total revenue, up 57.82% year-over-year. Gaming generated $968.6M in revenue, accounting 37.28% of the company's total revenue, up 28.14% year-over-year. Pari-Mutuel, Live And Simulcast Racing generated $468.2M in revenue, accounting 18.02% of the company's total revenue, up 1.28% year-over-year. Pari-Mutuel, Historical Racing generated $767.7M in revenue, accounting 29.55% of the company's total revenue, up 99.97% year-over-year. Racing Event-Related Services generated $152.3M in revenue, accounting 5.86% of the company's total revenue, up 15.73% year-over-year.
What is Churchill Downs’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Churchill Downs was Gaming. This segment made a revenue of $968.6M, representing 37.28% of the company's total revenue.