Churchill Downs Incorporated (CHDN) — Cash Flow Quality Index
Churchill Downs Incorporated (CHDN) has a Cash Flow Quality Index of 1.86x as of December 2025. Operating cash flow of $96.00 Million exceeds net income of $51.50 Million, indicating high earnings quality where cash backs reported profits. Explore Churchill Downs Incorporated (CHDN) investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Churchill Downs Incorporated Cash Flow Quality Index (1993–2025)
Historical Cash Flow Quality Index for Churchill Downs Incorporated across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check CHDN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Churchill Downs Incorporated (1993–2025)
Year-by-year earnings quality comparison for Churchill Downs Incorporated. For live market cap and the full company financial profile, see how much is Churchill Downs Incorporated worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.00x | $769.80 Million | $385.50 Million | ▲ +10.9% |
| 2024 | 1.80x | $772.70 Million | $429.10 Million | ▲ +24.0% |
| 2023 | 1.45x | $605.80 Million | $417.30 Million | ▲ +18.8% |
| 2022 | 1.22x | $536.80 Million | $439.40 Million | ▼ -9.3% |
| 2021 | 1.35x | $335.50 Million | $249.10 Million | ▼ -36.2% |
| 2019 | 2.11x | $289.60 Million | $137.20 Million | ▲ +276.5% |
| 2018 | 0.56x | $197.80 Million | $352.80 Million | ▼ -63.9% |
| 2017 | 1.55x | $218.20 Million | $140.50 Million | ▼ -26.0% |
| 2016 | 2.10x | $226.80 Million | $108.10 Million | ▼ -48.3% |
| 2015 | 4.06x | $264.53 Million | $65.20 Million | ▲ +32.8% |
| 2014 | 3.05x | $141.62 Million | $46.36 Million | ▲ +15.7% |
| 2013 | 2.64x | $144.91 Million | $54.90 Million | ▲ +6.5% |
| 2012 | 2.48x | $144.41 Million | $58.28 Million | ▼ -7.9% |
| 2011 | 2.69x | $173.18 Million | $64.36 Million | ▼ -26.5% |
| 2010 | 3.66x | $59.86 Million | $16.35 Million | ▼ -13.3% |
| 2009 | 4.22x | $71.05 Million | $16.83 Million | ▲ +54.1% |
| 2008 | 2.74x | $78.23 Million | $28.55 Million | ▼ -15.8% |
| 2007 | 3.26x | $51.23 Million | $15.73 Million | ▲ +39.7% |
| 2006 | 2.33x | $69.51 Million | $29.81 Million | ▲ +13985.6% |
| 2005 | -0.02x | $-1.32 Million | $78.91 Million | ▼ -100.3% |
| 2004 | 5.43x | $48.40 Million | $8.91 Million | ▲ +178.6% |
| 2003 | 1.95x | $47.04 Million | $24.14 Million | ▲ +15.4% |
| 2002 | 1.69x | $35.42 Million | $20.97 Million | ▼ -22.8% |
| 2001 | 2.19x | $48.31 Million | $22.08 Million | ▲ +54.0% |
| 2000 | 1.42x | $27.23 Million | $19.16 Million | ▼ -46.3% |
| 1999 | 2.65x | $39.70 Million | $15.00 Million | ▲ +157.3% |
| 1998 | 1.03x | $10.80 Million | $10.50 Million | ▼ -10.9% |
| 1997 | 1.15x | $10.50 Million | $9.10 Million | ▼ -38.1% |
| 1996 | 1.86x | $15.10 Million | $8.10 Million | ▼ -30.0% |
| 1995 | 2.66x | $16.50 Million | $6.20 Million | ▲ +44.7% |
| 1994 | 1.84x | $11.40 Million | $6.20 Million | ▲ +22.6% |
| 1993 | 1.50x | $8.70 Million | $5.80 Million | — |