Churchill Downs Incorporated (CHDN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Churchill Downs Incorporated (CHDN) has a cash flow conversion efficiency ratio of 0.091x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($96.00 Million) by net assets ($1.06 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check Churchill Downs Incorporated PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Churchill Downs Incorporated - Cash Flow Conversion Efficiency Trend (1993–2025)
This chart illustrates how Churchill Downs Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data. See shareholders equity of Churchill Downs Incorporated for net asset value and shareholders' equity analysis.
Churchill Downs Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Churchill Downs Incorporated ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gerdau S.A
MX:GGBN
|
0.053x |
|
Fortnox AB
ST:FNOX
|
0.058x |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
-0.049x |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
0.024x |
|
IOI Properties Group Bhd
KLSE:5249
|
0.011x |
|
PTC Therapeutics Inc
NASDAQ:PTCT
|
0.190x |
|
CNOOC Energy Technology & Services Ltd
SHG:600968
|
0.156x |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668
|
0.057x |
Annual Cash Flow Conversion Efficiency for Churchill Downs Incorporated (1993–2025)
The table below shows the annual cash flow conversion efficiency of Churchill Downs Incorporated from 1993 to 2025. For the full company profile with market capitalisation and key ratios, see CHDN market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $1.06 Billion | $769.80 Million | 0.729x | +4.11% |
| 2024-12-31 | $1.10 Billion | $772.70 Million | 0.700x | +3.31% |
| 2023-12-31 | $893.60 Million | $605.80 Million | 0.678x | -30.35% |
| 2022-12-31 | $551.50 Million | $536.80 Million | 0.973x | -10.99% |
| 2021-12-31 | $306.80 Million | $335.50 Million | 1.094x | +182.90% |
| 2020-12-31 | $367.10 Million | $141.90 Million | 0.387x | -31.79% |
| 2019-12-31 | $511.00 Million | $289.60 Million | 0.567x | +35.61% |
| 2018-12-31 | $473.30 Million | $197.80 Million | 0.418x | +22.64% |
| 2017-12-31 | $640.30 Million | $218.20 Million | 0.341x | +2.92% |
| 2016-12-31 | $685.00 Million | $226.80 Million | 0.331x | -22.75% |
| 2015-12-31 | $617.20 Million | $264.53 Million | 0.429x | +111.85% |
| 2014-12-31 | $700.00 Million | $141.62 Million | 0.202x | -1.61% |
| 2013-12-31 | $704.79 Million | $144.91 Million | 0.206x | -8.26% |
| 2012-12-31 | $644.29 Million | $144.41 Million | 0.224x | -24.41% |
| 2011-12-31 | $584.03 Million | $173.18 Million | 0.297x | +150.77% |
| 2010-12-31 | $506.21 Million | $59.86 Million | 0.118x | -32.26% |
| 2009-12-31 | $407.02 Million | $71.05 Million | 0.175x | -12.12% |
| 2008-12-31 | $393.89 Million | $78.23 Million | 0.199x | +42.52% |
| 2007-12-31 | $367.56 Million | $51.23 Million | 0.139x | -29.81% |
| 2006-12-31 | $350.08 Million | $69.51 Million | 0.199x | +4838.68% |
| 2005-12-31 | $316.23 Million | $-1.32 Million | -0.004x | -102.06% |
| 2004-12-31 | $238.43 Million | $48.40 Million | 0.203x | +10.04% |
| 2003-12-31 | $254.98 Million | $47.04 Million | 0.184x | +22.39% |
| 2002-12-31 | $235.00 Million | $35.42 Million | 0.151x | -32.22% |
| 2001-12-31 | $217.24 Million | $48.31 Million | 0.222x | +65.36% |
| 2000-12-31 | $202.49 Million | $27.23 Million | 0.134x | -53.22% |
| 1999-12-31 | $138.10 Million | $39.70 Million | 0.287x | +73.55% |
| 1998-12-31 | $65.20 Million | $10.80 Million | 0.166x | -15.76% |
| 1997-12-31 | $53.40 Million | $10.50 Million | 0.197x | -37.76% |
| 1996-12-31 | $47.80 Million | $15.10 Million | 0.316x | -10.59% |
| 1995-12-31 | $46.70 Million | $16.50 Million | 0.353x | +30.48% |
| 1994-12-31 | $42.10 Million | $11.40 Million | 0.271x | +15.16% |
| 1993-12-31 | $37.00 Million | $8.70 Million | 0.235x | -- |
About Churchill Downs Incorporated
Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Chur… Read more