Churchill Downs Incorporated (CHDN) — Financial Flexibility Index
Churchill Downs Incorporated (CHDN) has a Financial Flexibility Index of 0.04x as of June 2026. Free cash flow of $275.00 Million (operating CF $217.00 Million minus capex $58.00 Million) represents 0% of total liabilities ($6.13 Billion). Check CHDN capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Churchill Downs Incorporated Financial Flexibility Index (1993–2025)
Historical Financial Flexibility Index trend for Churchill Downs Incorporated across 33 annual periods. For the full cash flow conversion analysis, see how efficiently does Churchill Downs Incorporated generate cash.
Annual Financial Flexibility Index for Churchill Downs Incorporated (1993–2025)
Year-by-year free cash flow to debt coverage for Churchill Downs Incorporated. Explore Churchill Downs Incorporated cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.19x | $1.23 Billion | $769.80 Million | $6.43 Billion | ▼ -10.5% |
| 2024 | 0.21x | $1.32 Billion | $772.70 Million | $6.17 Billion | ▲ +1.1% |
| 2023 | 0.21x | $1.28 Billion | $605.80 Million | $6.06 Billion | ▲ +20.4% |
| 2022 | 0.18x | $993.60 Million | $536.80 Million | $5.66 Billion | ▲ +10.0% |
| 2021 | 0.16x | $427.30 Million | $335.50 Million | $2.67 Billion | ▼ -1.5% |
| 2020 | 0.16x | $376.10 Million | $141.90 Million | $2.32 Billion | ▼ -27.0% |
| 2019 | 0.22x | $452.90 Million | $289.60 Million | $2.04 Billion | ▼ -19.9% |
| 2018 | 0.28x | $347.20 Million | $197.80 Million | $1.25 Billion | ▲ +42.3% |
| 2017 | 0.19x | $335.10 Million | $218.20 Million | $1.72 Billion | ▲ +7.7% |
| 2016 | 0.18x | $284.00 Million | $226.80 Million | $1.57 Billion | ▼ -3.2% |
| 2015 | 0.19x | $310.29 Million | $264.53 Million | $1.66 Billion | ▲ +56.4% |
| 2014 | 0.12x | $198.35 Million | $141.62 Million | $1.66 Billion | ▼ -60.6% |
| 2013 | 0.30x | $196.34 Million | $144.91 Million | $647.47 Million | ▼ -24.2% |
| 2012 | 0.40x | $187.96 Million | $144.41 Million | $470.04 Million | ▼ -26.5% |
| 2011 | 0.54x | $198.09 Million | $173.18 Million | $363.99 Million | ▲ +123.5% |
| 2010 | 0.24x | $124.56 Million | $59.86 Million | $511.50 Million | ▼ -50.4% |
| 2009 | 0.49x | $156.24 Million | $71.05 Million | $318.38 Million | ▲ +1.0% |
| 2008 | 0.49x | $118.38 Million | $78.23 Million | $243.78 Million | ▲ +29.0% |
| 2007 | 0.38x | $96.86 Million | $51.23 Million | $257.26 Million | ▼ -36.4% |
| 2006 | 0.59x | $116.11 Million | $69.51 Million | $196.25 Million | ▲ +179.9% |
| 2005 | 0.21x | $41.91 Million | $-1.32 Million | $198.31 Million | ▼ -32.1% |
| 2004 | 0.31x | $125.58 Million | $48.40 Million | $403.53 Million | ▼ -11.3% |
| 2003 | 0.35x | $87.89 Million | $47.04 Million | $250.53 Million | ▲ +41.3% |
| 2002 | 0.25x | $58.15 Million | $35.42 Million | $234.22 Million | ▼ 0.0% |
| 2001 | 0.25x | $62.94 Million | $48.31 Million | $253.48 Million | ▲ +33.8% |
| 2000 | 0.19x | $49.65 Million | $27.23 Million | $267.52 Million | ▼ -82.8% |
| 1999 | 1.08x | $280.10 Million | $39.70 Million | $259.90 Million | ▲ +68.8% |
| 1998 | 0.64x | $31.60 Million | $10.80 Million | $49.50 Million | ▲ +37.0% |
| 1997 | 0.47x | $15.10 Million | $10.50 Million | $32.40 Million | ▼ -13.4% |
| 1996 | 0.54x | $17.70 Million | $15.10 Million | $32.90 Million | ▼ -34.0% |
| 1995 | 0.81x | $25.10 Million | $16.50 Million | $30.80 Million | ▼ -34.0% |
| 1994 | 1.23x | $34.70 Million | $11.40 Million | $28.10 Million | ▲ +142.1% |
| 1993 | 0.51x | $10.10 Million | $8.70 Million | $19.80 Million | — |