Churchill Downs gross margin for the quarter ending March 31, 2025 was 33.84%.
Churchill Downs average gross margin for 2024 was 33.88%, a 5.22% decline from 2023.
Churchill Downs average gross margin for 2023 was 32.2%, a 6.8% increase from 2022.
Churchill Downs average gross margin for 2022 was 30.15%, a 15.87% increase from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.