Churchill Downs Inc (CHDN) Return on equity 2016–2025
Churchill Downs Inc (CHDN) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
37.9%FY2025 · since FY2016: 15.8% → 37.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 37.9% | -1.5 pp |
| FY2024 | 39.4% | -7.3 pp |
| FY2023 | 46.7% | -33.0 pp |
| FY2022 | 79.7% | -1.5 pp |
| FY2021 | 81.2% | +103.5 pp |
| FY2020 | -22.3% | -49.4 pp |
| FY2019 | 27.1% | -47.5 pp |
| FY2018 | 74.5% | +52.6 pp |
| FY2017 | 21.9% | +6.2 pp |
| FY2016 | 15.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More CHDN financial trends
CHDN RevenueCHDN Net incomeCHDN Net marginCHDN Gross profitCHDN Gross marginCHDN Operating incomeCHDN Operating marginCHDN Operating cash flowCHDN Free cash flowCHDN Capital expendituresCHDN Stock buybacksCHDN Dividends paidCHDN Total assetsCHDN Total liabilitiesCHDN Shareholders’ equityCHDN overview →