Churchill Downs Incorporated (CHDN) — Cash Flow Reinvestment Rate
Churchill Downs Incorporated (CHDN) has a Cash Flow Reinvestment Rate of 0.83x as of December 2025, reinvesting $80.10 Million (capex $80.10 Million ) from operating cash flow of $96.00 Million. Check earnings quality score of Churchill Downs Incorporated to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Churchill Downs Incorporated Cash Flow Reinvestment Rate (1993–2025)
Historical reinvestment intensity for Churchill Downs Incorporated across 32 annual periods. Explore CHDN strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Churchill Downs Incorporated (1993–2025)
Year-by-year capital reinvestment analysis for Churchill Downs Incorporated. For live market cap and broader valuation context, see CHDN company net worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.36x | $274.90 Million | $769.80 Million | $274.90 Million | ▼ -74.7% |
| 2024 | 1.41x | $1.09 Billion | $772.70 Million | $547.00 Million | ▼ -79.7% |
| 2023 | 6.97x | $4.22 Billion | $605.80 Million | $676.50 Million | ▲ +5.1% |
| 2022 | 6.63x | $3.56 Billion | $536.80 Million | $456.80 Million | ▲ +1057.8% |
| 2021 | 0.57x | $192.20 Million | $335.50 Million | $91.80 Million | ▼ -82.8% |
| 2020 | 3.34x | $473.60 Million | $141.90 Million | $234.20 Million | ▲ +68.6% |
| 2019 | 1.98x | $573.40 Million | $289.60 Million | $163.30 Million | ▼ -59.8% |
| 2018 | 4.92x | $973.50 Million | $197.80 Million | $149.40 Million | ▲ +662.2% |
| 2017 | 0.65x | $140.90 Million | $218.20 Million | $116.90 Million | ▲ +133.6% |
| 2016 | 0.28x | $62.70 Million | $226.80 Million | $57.20 Million | ▲ +42.6% |
| 2015 | 0.19x | $51.30 Million | $264.53 Million | $45.76 Million | ▼ -63.2% |
| 2014 | 0.53x | $74.64 Million | $141.62 Million | $56.74 Million | ▼ -37.4% |
| 2013 | 0.84x | $121.92 Million | $144.91 Million | $51.42 Million | ▲ +91.6% |
| 2012 | 0.44x | $63.40 Million | $144.41 Million | $43.55 Million | ▲ +205.1% |
| 2011 | 0.14x | $24.92 Million | $173.18 Million | $24.92 Million | ▼ -86.7% |
| 2010 | 1.08x | $64.70 Million | $59.86 Million | $64.70 Million | ▼ -9.9% |
| 2009 | 1.20x | $85.19 Million | $71.05 Million | $85.19 Million | ▲ +133.6% |
| 2008 | 0.51x | $40.15 Million | $78.23 Million | $40.15 Million | ▼ -42.4% |
| 2007 | 0.89x | $45.63 Million | $51.23 Million | $45.63 Million | ▲ +32.9% |
| 2006 | 0.67x | $46.60 Million | $69.51 Million | $46.60 Million | ▼ -58.0% |
| 2004 | 1.59x | $77.17 Million | $48.40 Million | $77.17 Million | ▲ +83.6% |
| 2003 | 0.87x | $40.85 Million | $47.04 Million | $40.85 Million | ▲ +35.4% |
| 2002 | 0.64x | $22.72 Million | $35.42 Million | $22.72 Million | ▲ +111.9% |
| 2001 | 0.30x | $14.63 Million | $48.31 Million | $14.63 Million | ▼ -63.2% |
| 2000 | 0.82x | $22.42 Million | $27.23 Million | $22.42 Million | ▼ -86.4% |
| 1999 | 6.06x | $240.40 Million | $39.70 Million | $240.40 Million | ▲ +214.4% |
| 1998 | 1.93x | $20.80 Million | $10.80 Million | $20.80 Million | ▲ +339.6% |
| 1997 | 0.44x | $4.60 Million | $10.50 Million | $4.60 Million | ▲ +154.4% |
| 1996 | 0.17x | $2.60 Million | $15.10 Million | $2.60 Million | ▼ -67.0% |
| 1995 | 0.52x | $8.60 Million | $16.50 Million | $8.60 Million | ▼ -74.5% |
| 1994 | 2.04x | $23.30 Million | $11.40 Million | $23.30 Million | ▲ +1170.1% |
| 1993 | 0.16x | $1.40 Million | $8.70 Million | $1.40 Million | — |