Churchill Downs Incorporated Capital Reinvestment Ratio
Churchill Downs Incorporated capital reinvestment ratio. Churchill Downs Incorporated (CHDN) has a Capital Reinvestment Ratio of 0.27x as of June 2026, meaning it reinvests 0% of its operating cash flow ($217.00 Million) in capital expenditures ($58.00 Million). Check CHDN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Churchill Downs Incorporated (1993–2025)
Capital reinvestment ratio of Churchill Downs Incorporated from 1993 to 2025. This chart tracks Churchill Downs Incorporated's Capital Reinvestment Ratio across 32 annual periods. Also explore net asset momentum of Churchill Downs Incorporated to track the company's year-over-year net asset growth rate.
Churchill Downs Incorporated Capital Reinvestment Ratio by Year (1993–2025)
Churchill Downs Incorporated capital reinvestment ratio by year from 1993 to 2025. For the full cash flow conversion analysis, see CHDN operating cash flow.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.60x | $769.80 Million | $460.20 Million | ▼ -15.6% |
| 2024 | 0.71x | $772.70 Million | $547.00 Million | ▼ -36.6% |
| 2023 | 1.12x | $605.80 Million | $676.50 Million | ▲ +31.2% |
| 2022 | 0.85x | $536.80 Million | $456.80 Million | ▲ +211.0% |
| 2021 | 0.27x | $335.50 Million | $91.80 Million | ▼ -83.4% |
| 2020 | 1.65x | $141.90 Million | $234.20 Million | ▲ +192.7% |
| 2019 | 0.56x | $289.60 Million | $163.30 Million | ▼ -25.3% |
| 2018 | 0.76x | $197.80 Million | $149.40 Million | ▲ +41.0% |
| 2017 | 0.54x | $218.20 Million | $116.90 Million | ▲ +112.4% |
| 2016 | 0.25x | $226.80 Million | $57.20 Million | ▲ +45.8% |
| 2015 | 0.17x | $264.53 Million | $45.76 Million | ▼ -56.8% |
| 2014 | 0.40x | $141.62 Million | $56.74 Million | ▲ +12.9% |
| 2013 | 0.35x | $144.91 Million | $51.42 Million | ▲ +17.7% |
| 2012 | 0.30x | $144.41 Million | $43.55 Million | ▲ +109.6% |
| 2011 | 0.14x | $173.18 Million | $24.92 Million | ▼ -86.7% |
| 2010 | 1.08x | $59.86 Million | $64.70 Million | ▼ -9.9% |
| 2009 | 1.20x | $71.05 Million | $85.19 Million | ▲ +133.6% |
| 2008 | 0.51x | $78.23 Million | $40.15 Million | ▼ -42.4% |
| 2007 | 0.89x | $51.23 Million | $45.63 Million | ▲ +32.9% |
| 2006 | 0.67x | $69.51 Million | $46.60 Million | ▼ -58.0% |
| 2004 | 1.59x | $48.40 Million | $77.17 Million | ▲ +83.6% |
| 2003 | 0.87x | $47.04 Million | $40.85 Million | ▲ +35.4% |
| 2002 | 0.64x | $35.42 Million | $22.72 Million | ▲ +111.9% |
| 2001 | 0.30x | $48.31 Million | $14.63 Million | ▼ -63.2% |
| 2000 | 0.82x | $27.23 Million | $22.42 Million | ▼ -86.4% |
| 1999 | 6.06x | $39.70 Million | $240.40 Million | ▲ +214.4% |
| 1998 | 1.93x | $10.80 Million | $20.80 Million | ▲ +339.6% |
| 1997 | 0.44x | $10.50 Million | $4.60 Million | ▲ +154.4% |
| 1996 | 0.17x | $15.10 Million | $2.60 Million | ▼ -67.0% |
| 1995 | 0.52x | $16.50 Million | $8.60 Million | ▼ -74.5% |
| 1994 | 2.04x | $11.40 Million | $23.30 Million | ▲ +1170.1% |
| 1993 | 0.16x | $8.70 Million | $1.40 Million | — |