Churchill Downs Incorporated (CHDN) — Free Cash Flow Generation Index
Churchill Downs Incorporated (CHDN) has a Free Cash Flow Generation Index of 0.17x as of December 2025. Free cash flow of $15.90 Million represents 0% of operating cash flow ($96.00 Million). See CHDN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Churchill Downs Incorporated Free Cash Flow Generation Index (1993–2025)
Historical FCF Generation Index trend for Churchill Downs Incorporated across 32 annual periods. Explore Churchill Downs Incorporated (CHDN) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Churchill Downs Incorporated (1993–2025)
Year-by-year Free Cash Flow Generation Index for Churchill Downs Incorporated. For the full company profile including market capitalisation, see market value of Churchill Downs Incorporated.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.64x | $494.90 Million | $769.80 Million | $274.90 Million | ▲ +120.1% |
| 2024 | 0.29x | $225.70 Million | $772.70 Million | $547.00 Million | ▲ +350.3% |
| 2023 | -0.12x | $-70.70 Million | $605.80 Million | $676.50 Million | ▼ -178.3% |
| 2022 | 0.15x | $80.00 Million | $536.80 Million | $456.80 Million | ▼ -79.5% |
| 2021 | 0.73x | $243.70 Million | $335.50 Million | $91.80 Million | ▲ +211.7% |
| 2020 | -0.65x | $-92.30 Million | $141.90 Million | $234.20 Million | ▼ -249.1% |
| 2019 | 0.44x | $126.30 Million | $289.60 Million | $163.30 Million | ▲ +78.2% |
| 2018 | 0.24x | $48.40 Million | $197.80 Million | $149.40 Million | ▼ -47.3% |
| 2017 | 0.46x | $101.30 Million | $218.20 Million | $116.90 Million | ▼ -37.9% |
| 2016 | 0.75x | $169.60 Million | $226.80 Million | $57.20 Million | ▼ -9.6% |
| 2015 | 0.83x | $218.77 Million | $264.53 Million | $45.76 Million | ▲ +38.0% |
| 2014 | 0.60x | $84.88 Million | $141.62 Million | $56.74 Million | ▼ -7.1% |
| 2013 | 0.65x | $93.49 Million | $144.91 Million | $51.42 Million | ▼ -7.6% |
| 2012 | 0.70x | $100.86 Million | $144.41 Million | $43.55 Million | ▼ -18.4% |
| 2011 | 0.86x | $148.26 Million | $173.18 Million | $24.92 Million | ▲ +1157.7% |
| 2010 | -0.08x | $-4.84 Million | $59.86 Million | $64.70 Million | ▲ +59.3% |
| 2009 | -0.20x | $-14.14 Million | $71.05 Million | $85.19 Million | ▼ -140.9% |
| 2008 | 0.49x | $38.08 Million | $78.23 Million | $40.15 Million | ▲ +345.8% |
| 2007 | 0.11x | $5.59 Million | $51.23 Million | $45.63 Million | ▼ -66.9% |
| 2006 | 0.33x | $22.91 Million | $69.51 Million | $46.60 Million | ▲ +155.5% |
| 2004 | -0.59x | $-28.77 Million | $48.40 Million | $77.17 Million | ▼ -552.0% |
| 2003 | 0.13x | $6.18 Million | $47.04 Million | $40.85 Million | ▼ -63.3% |
| 2002 | 0.36x | $12.70 Million | $35.42 Million | $22.72 Million | ▼ -48.6% |
| 2001 | 0.70x | $33.68 Million | $48.31 Million | $14.63 Million | ▲ +294.6% |
| 2000 | 0.18x | $4.81 Million | $27.23 Million | $22.42 Million | ▲ +103.5% |
| 1999 | -5.06x | $-200.70 Million | $39.70 Million | $240.40 Million | ▼ -446.0% |
| 1998 | -0.93x | $-10.00 Million | $10.80 Million | $20.80 Million | ▼ -264.8% |
| 1997 | 0.56x | $5.90 Million | $10.50 Million | $4.60 Million | ▼ -32.1% |
| 1996 | 0.83x | $12.50 Million | $15.10 Million | $2.60 Million | ▲ +72.9% |
| 1995 | 0.48x | $7.90 Million | $16.50 Million | $8.60 Million | ▲ +145.9% |
| 1994 | -1.04x | $-11.90 Million | $11.40 Million | $23.30 Million | ▼ -224.4% |
| 1993 | 0.84x | $7.30 Million | $8.70 Million | $1.40 Million | — |