Churchill Downs Incorporated Cash Flow Conversion Efficiency
Churchill Downs Incorporated cash flow conversion efficiency. Based on the latest financial reports, Churchill Downs Incorporated (CHDN) has a cash flow conversion efficiency ratio of 0.156x as of June 2026. 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 ($217.00 Million) by net assets ($1.39 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Churchill Downs Incorporated (1993–2025)
Cash flow conversion efficiency of Churchill Downs Incorporated from 1993 to 2025. This chart illustrates how Churchill Downs Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data. View CHDN live share price for real-time trading data and today's change.
Churchill Downs Incorporated Cash Flow Conversion Ratio Explained
Churchill Downs Incorporated cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see CHDN stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fortnox AB
ST:FNOX
|
0.058x |
|
MRF Limited
NSE:MRF
|
0.089x |
|
GRINM Semiconductor Materials Co. Ltd. A
SHG:688432
|
N/A |
|
Outfront Media Inc
NYSE:OUT
|
0.174x |
|
Shanxi LuAn Environmental Energy Development Co Ltd
SHG:601699
|
0.074x |
|
Genesis Minerals Ltd
AU:GMD
|
0.264x |
|
Compagnie du Cambodge
PA:CBDG
|
0.004x |
|
Wyndham Hotels & Resorts Inc
NYSE:WH
|
0.196x |
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. Review free cash flow generation of Churchill Downs Incorporated to assess how much free cash flow the company generates relative to operating cash flow.
| 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