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 CHDN cash generation efficiency to assess how effectively this company generates cash.
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 how aggressively does Churchill Downs Incorporated reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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 Churchill Downs Incorporated stock valuation.
| 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 | — |