Churchill Downs Incorporated (CHDN) — Cash Flow Reinvestment Rate
Churchill Downs Incorporated (CHDN) has a Cash Flow Reinvestment Rate of 0.27x as of June 2026, reinvesting $58.00 Million (capex $58.00 Million ) from operating cash flow of $217.00 Million. See Churchill Downs Incorporated (CHDN) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see how efficiently does Churchill Downs Incorporated generate cash.
Annual Cash Flow Reinvestment Rate for Churchill Downs Incorporated (1993–2025)
Year-by-year capital reinvestment analysis for Churchill Downs Incorporated. See Churchill Downs Incorporated (CHDN) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.60x | $460.20 Million | $769.80 Million | $460.20 Million | ▼ -57.7% |
| 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 | — |