Churchill Downs Incorporated (CHDN) — Financial Flexibility Index
Churchill Downs Incorporated (CHDN) has a Financial Flexibility Index of 0.03x as of December 2025. Free cash flow of $176.10 Million (operating CF $96.00 Million minus capex $80.10 Million) represents 0% of total liabilities ($6.43 Billion). Check Churchill Downs Incorporated strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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. See how liquid is Churchill Downs Incorporated's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Churchill Downs Incorporated (1993–2025)
Year-by-year free cash flow to debt coverage for Churchill Downs Incorporated. For the full company profile including market capitalisation, see CHDN company net worth.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.16x | $1.04 Billion | $769.80 Million | $6.43 Billion | ▼ -24.0% |
| 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 | — |