The Tip Desk

Churchill Downs Inc

Financial highlights

Amounts in billions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$2.9$2.7$2.5$1.8$1.6
Operating income$0.7$0.7$0.6$0.3$0.3
Net income$0.4$0.4$0.4$0.4$0.2
Balance Sheet
Total debt$5.2$4.9$4.9$4.6$2.0
Cash Flow Statement
Free cash flow$0.6$0.3$<0.1$0.1$0.4
Dividends$<0.1$<0.1$<0.1$<0.1$<0.1
Share repurchases$0.4$0.2$0.1$0.2$0.3

Shares outstanding 69.7M · Free float 83.2%

Annual filing data through FY ended December 31, 2025; float as of September 15, 2026.

Earnings

Other Coverage