Churchill Downs (CHDN) has a debt-to-equity ratio of 3.61, above the Consumer Discretionary sector average of 0.91.
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Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.
As of the most recent data, CHDN shows a debt-to-equity ratio of 3.61. That is above the Consumer Discretionary sector average of 0.91. Scroll down for historical charts and peer comparison views.
The Consumer Discretionary sector average debt-to-equity ratio is about 0.91. Churchill Downs is at 3.61, which is higher that average. That is roughly 297.4% above the sector mean. Use the comparison chart on this page to see how CHDN stacks up against individual peers as well.
Investors watch CHDN's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Churchill Downs's latest reading is 3.61. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this debt-to-equity ratio page, Stockcircle has Churchill Downs's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect debt-to-equity ratio (currently 3.61) with ownership activity and broader fundamentals.
The Consumer Discretionary average debt-to-equity ratio is about 0.91, while CHDN is at 3.61. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.