
Current Net Margin
7.48%
Churchill Downs Incorporated currently has a net profit margin of 7.48%.
Financial Fundamentals
CHDN • Quarterly Data • 5Y View
Historical Margin Data
| Date | Rev ($B) | NI ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-12-31 | 0.67 | 0.05 | 7.48% | ▲193 |
| 2025-09-30 | 0.68 | 0.04 | 5.55% | ▼1766 |
| 2025-06-30 | 0.93 | 0.22 | 23.21% | ▲1128 |
| 2025-03-31 | 0.64 | 0.08 | 11.94% | ▲45 |
| 2024-12-31 | 0.62 | 0.07 | 11.49% | ▲124 |
| 2024-09-30 | 0.63 | 0.06 | 10.25% | ▼1325 |
| 2024-06-30 | 0.89 | 0.21 | 23.50% | ▲989 |
| 2024-03-31 | 0.59 | 0.08 | 13.61% | ▲334 |
| 2023-12-31 | 0.56 | 0.06 | 10.26% | ▼39 |
| 2023-09-30 | 0.57 | 0.06 | 10.66% | ▼795 |
| 2023-06-30 | 0.77 | 0.14 | 18.61% | ▼922 |
| 2023-03-31 | 0.56 | 0.16 | 27.83% | ▲2762 |
| 2022-12-31 | 0.48 | 0.00 | 0.21% | ▼1467 |
| 2022-09-30 | 0.38 | 0.06 | 14.88% | ▼4337 |
| 2022-06-30 | 0.58 | 0.34 | 58.25% | ▲4669 |
| 2022-03-31 | 0.36 | 0.04 | 11.56% | ▼31 |
| 2021-12-31 | 0.36 | 0.04 | 11.87% | ▼375 |
| 2021-09-30 | 0.39 | 0.06 | 15.62% | ▼540 |
| 2021-06-30 | 0.52 | 0.11 | 21.03% | ▲989 |
| 2021-03-31 | 0.32 | 0.04 | 11.13% | ▲499 |
| 2020-12-31 | 0.28 | 0.02 | 6.15% | ▼664 |
| 2020-09-30 | 0.34 | 0.04 | 12.79% | ▲7697 |
| 2020-06-30 | 0.19 | -0.12 | -64.18% | ▼5493 |
| 2020-03-31 | 0.25 | -0.02 | -9.25% | ▼1068 |
| 2019-12-31 | 0.28 | 0.00 | 1.43% | ▼341 |
| 2019-09-30 | 0.31 | 0.01 | 4.83% | ▼1760 |
| 2019-06-30 | 0.48 | 0.11 | 22.43% | ▲1806 |
| 2019-03-31 | 0.27 | 0.01 | 4.37% | ▼83 |
| 2018-12-31 | 0.22 | 0.01 | 5.21% | ▼2024 |
| 2018-09-30 | 0.22 | 0.06 | 25.44% | ▼173 |
| 2018-06-30 | 0.38 | 0.10 | 27.17% | ▼6897 |
| 2018-03-31 | 0.19 | 0.18 | 96.14% | ▲7479 |
| 2017-12-31 | 0.18 | 0.04 | 21.35% | ▲1605 |
| 2017-09-30 | 0.31 | 0.02 | 5.30% | ▼1202 |
| 2017-06-30 | 0.45 | 0.08 | 17.33% | ▲1472 |
| 2017-03-31 | 0.28 | 0.01 | 2.61% | ▼702 |
| 2016-12-31 | 0.28 | 0.03 | 9.63% | ▲676 |
| 2016-09-30 | 0.30 | 0.01 | 2.87% | ▼1305 |
| 2016-06-30 | 0.44 | 0.07 | 15.92% | ▲1495 |
| 2016-03-31 | 0.29 | 0.00 | 0.97% | ▼179 |
| 2015-12-31 | 0.27 | 0.01 | 2.76% | ▲126 |
| 2015-09-30 | 0.28 | 0.00 | 1.50% | ▼1196 |
| 2015-06-30 | 0.41 | 0.06 | 13.46% | ▲1408 |
| 2015-03-31 | 0.25 | -0.00 | -0.62% | ▲758 |
| 2014-12-31 | 0.17 | -0.01 | -8.20% | ▼1024 |
| 2014-09-30 | 0.17 | 0.00 | 2.03% | ▼1685 |
| 2014-06-30 | 0.30 | 0.06 | 18.88% | ▲1930 |
| 2014-03-31 | 0.17 | -0.00 | -0.42% | ▲310 |
| 2013-12-31 | 0.16 | -0.01 | -3.51% | ▼850 |
| 2013-09-30 | 0.19 | 0.01 | 4.98% | ▼1274 |
| 2013-06-30 | 0.28 | 0.05 | 17.72% | ▲1701 |
| 2013-03-31 | 0.15 | 0.00 | 0.71% | ▼78 |
| 2012-12-31 | 0.16 | 0.00 | 1.50% | ▼212 |
| 2012-09-30 | 0.16 | 0.01 | 3.62% | ▼1431 |
| 2012-06-30 | 0.27 | 0.05 | 17.94% | ▲1696 |
| 2012-03-31 | 0.14 | 0.00 | 0.98% | ▼412 |
| 2011-12-31 | 0.15 | 0.01 | 5.10% | ▼679 |
| 2011-09-30 | 0.17 | 0.02 | 11.89% | ▼419 |
| 2011-06-30 | 0.25 | 0.04 | 16.08% | ▲1850 |
| 2011-03-31 | 0.13 | -0.00 | -2.42% | ▼133 |
| 2010-12-31 | 0.17 | -0.00 | -1.09% | ▼58 |
| 2010-09-30 | 0.14 | -0.00 | -0.51% | ▼1427 |
| 2010-06-30 | 0.20 | 0.03 | 13.77% | ▲2532 |
| 2010-03-31 | 0.08 | -0.01 | -11.55% | ▼346 |
| 2009-12-31 | 0.09 | -0.01 | -8.09% | ▼579 |
| 2009-09-30 | 0.10 | -0.00 | -2.30% | ▼1945 |
| 2009-06-30 | 0.18 | 0.03 | 17.14% | ▲2369 |
| 2009-03-31 | 0.07 | -0.00 | -6.54% | ▼181 |
| 2008-12-31 | 0.09 | -0.00 | -4.74% | ▼722 |
| 2008-09-30 | 0.10 | 0.00 | 2.48% | ▼1393 |
| 2008-06-30 | 0.18 | 0.03 | 16.40% | ▲1528 |
| 2008-03-31 | 0.07 | 0.00 | 1.13% | ▲811 |
| 2007-12-31 | 0.09 | -0.01 | -6.98% | ▼777 |
| 2007-09-30 | 0.10 | 0.00 | 0.79% | ▼1647 |
| 2007-06-30 | 0.17 | 0.03 | 17.25% | ▲3437 |
| 2007-03-31 | 0.05 | -0.01 | -17.12% | ▼1324 |
| 2006-12-31 | 0.05 | -0.00 | -3.88% | ▼1210 |
| 2006-09-30 | 0.11 | 0.01 | 8.22% | ▼1083 |
| 2006-06-30 | 0.18 | 0.03 | 19.06% | ▲4187 |
| 2006-03-31 | 0.05 | -0.01 | -22.81% | ▼1913 |
| 2005-12-31 | 0.08 | -0.00 | -3.69% | ▼6764 |
| 2005-09-30 | 0.11 | 0.07 | 63.95% | ▲4913 |
| 2005-06-30 | 0.16 | 0.02 | 14.82% | ▲3952 |
| 2005-03-31 | 0.06 | -0.01 | -24.70% | ▼2211 |
| 2004-12-31 | 0.12 | -0.00 | -2.60% | ▲61 |
| 2004-09-30 | 0.12 | -0.00 | -3.21% | ▼1518 |
| 2004-06-30 | 0.19 | 0.02 | 11.97% | ▲4311 |
| 2004-03-31 | 0.04 | -0.01 | -31.13% | ▼3069 |
| 2003-12-31 | 0.09 | -0.00 | -0.45% | ▼691 |
| 2003-09-30 | 0.12 | 0.01 | 6.46% | ▼906 |
| 2003-06-30 | 0.18 | 0.03 | 15.53% | ▲4955 |
| 2003-03-31 | 0.03 | -0.01 | -34.02% | ▼3583 |
| 2002-12-31 | 0.11 | 0.00 | 1.81% | ▼449 |
| 2002-09-30 | 0.13 | 0.01 | 6.30% | ▼709 |
| 2002-06-30 | 0.17 | 0.02 | 13.39% | ▲5224 |
| 2002-03-31 | 0.03 | -0.01 | -38.86% | ▼4251 |
| 2001-12-31 | 0.11 | 0.00 | 3.65% | ▼219 |
| 2001-09-30 | 0.12 | 0.01 | 5.85% | ▼756 |
| 2001-06-30 | 0.16 | 0.02 | 13.41% | ▲4797 |
| 2001-03-31 | 0.03 | -0.01 | -34.56% | ▼3682 |
| 2000-12-31 | 0.10 | 0.00 | 2.27% | ▼479 |
| 2000-09-30 | 0.10 | 0.01 | 7.05% | ▼685 |
| 2000-06-30 | 0.13 | 0.02 | 13.90% | ▲4808 |
| 2000-03-31 | 0.03 | -0.01 | -34.18% | ▼3760 |
| 1999-12-31 | 0.09 | 0.00 | 3.42% | ▲152 |
| 1999-09-30 | 0.06 | 0.00 | 1.90% | ▼1439 |
| 1999-06-30 | 0.08 | 0.01 | 16.29% | ▲3324 |
| 1999-03-31 | 0.02 | -0.00 | -16.95% | ▼1439 |
| 1998-12-31 | 0.03 | -0.00 | -2.56% | ▼46 |
| 1998-09-30 | 0.03 | -0.00 | -2.10% | ▼2213 |
| 1998-06-30 | 0.07 | 0.01 | 20.03% | ▲3042 |
| 1998-03-31 | 0.02 | -0.00 | -10.39% | ▼1039 |
| 1997-12-31 | 0.03 | 0.00 | 0.00% | ▲1071 |
| 1997-09-30 | 0.02 | -0.00 | -10.71% | ▼3177 |
| 1997-06-30 | 0.06 | 0.01 | 21.05% | ▲3459 |
| 1997-03-31 | 0.01 | -0.00 | -13.53% | ▼1317 |
| 1996-12-31 | 0.03 | -0.00 | -0.36% | ▲1107 |
| 1996-09-30 | 0.01 | -0.00 | -11.43% | ▼3310 |
| 1996-06-30 | 0.05 | 0.01 | 21.68% | ▲3978 |
| 1996-03-31 | 0.01 | -0.00 | -18.10% | — |
* Basis Point (bps) change measures sequential efficiency shifts. 100 bps = 1.00% Margin change.