• Churchill Downs average return on investment for 2023 was 8.61, a 39.66% decline from 2022.
• Churchill Downs average return on investment for 2022 was 14.27, a 94.95% decline from 2021.
• Churchill Downs average return on investment for 2021 was 7.32, a 464.18% increase from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.