Churchill Downs Incorporated Financial Flexibility Index
Churchill Downs Incorporated 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). See how much free cash does Churchill Downs Incorporated generate to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Churchill Downs Incorporated (1993–2025)
Financial flexibility index of Churchill Downs Incorporated from 1993 to 2025. Historical Financial Flexibility Index trend for Churchill Downs Incorporated across 33 annual periods. Check Churchill Downs Incorporated (CHDN) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Churchill Downs Incorporated Financial Flexibility Index by Year (1993–2025)
Churchill Downs Incorporated financial flexibility index by year from 1993 to 2025. Year-by-year free cash flow to debt coverage for Churchill Downs Incorporated. For the full cash flow conversion analysis, see how efficiently does Churchill Downs Incorporated generate cash.
| 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 | — |