• Churchill Downs average return on equity for 2023 was 60.03, a 38.71% decline from 2022.
• Churchill Downs average return on equity for 2022 was 97.95, a 82.03% decline from 2021.
• Churchill Downs average return on equity for 2021 was 53.81, a 514.24% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.