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. See Churchill Downs Incorporated (CHDN) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check CHDN cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Bausch + Lomb Corp
TO:BLCO
|
0.021x |
|
Elisa Oyj
HE:ELISA
|
0.117x |
|
Acm Research Inc
NASDAQ:ACMR
|
-0.014x |
|
Telecom Italia S.p.A
F:TQIR
|
0.082x |
|
News Corp B
NASDAQ:NWS
|
0.024x |
|
Formosa Sumco Technology Corp
TW:3532
|
0.028x |
|
AAK AB
ST:AAK
|
0.014x |
|
Yancoal Australia Ltd
AU:YAL
|
0.055x |
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 stock market capitalisation.
| 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