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). Read Churchill Downs Incorporated debt and liabilities for a breakdown of total debt and financial obligations.
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 CHDN capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
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 how much is Churchill Downs Incorporated worth.
| 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 | — |