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Friday 6 November 2026 Export CHDN’s income statement to Excel — free account

Churchill Downs, Incorporated

CHDN Consumer Cyclical Gambling

Churchill Downs, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $2.9 billion, up 7.01% from fiscal 2024.

Revenue
+1.90%
EPS
+111.7%
Free cash flow
+252.7%
Total debt
−7.52%

Quarter to September 2026, against a year earlier

98.25 0.25 +0.26%
Market cap
$6.7B
P/E
15.2×
Fwd P/E
14.0×
Dividend yield
0.45%
F-score
6/9
Altman Z
1.59
Beneish M
−2.74
Dividend safety
74/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Churchill Downs, Incorporated (CHDN) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Churchill Downs, Incorporated (CHDN) trades at a EV/FCF of 36.5×. Over the past ten years it has ranged from −614× (July 2024) to 200× (October 2018); the current reading is higher than 57% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 47.0× (41.38%)
FY2024 80.1× (55.68%)
FY2023 181× 371.77%
FY2022 38.3× 17.01%
FY2021 32.8× —
FY2020 −73.4× —
FY2019 53.9× (45.27%)
FY2018 98.5× 91.44%
FY2017 51.5× 207.66%
FY2016 16.7× 17.60%

Quarterly newest first

Period EV/FCF Change
Sep 2026 31.4× 1.86%
Jun 2026 30.8× (2.71%)
Mar 2026 31.7× (32.59%)
Dec 2025 47.0× (10.48%)
43 more quarters

Against its own ten years

Low −614× High 200×
Ten-year median 31.8×
Current reading's percentile 45

EV/FCF against peers

Company EV/FCF
BRSL Brightstar Lottery compare −2.6×
CDRO Codere Online Luxembourg, S.A. compare −2.3×
RSI Rush Street Interactive, Inc. compare 5.5×
ACEL Accel Entertainment, Inc. compare 12.9×
SGHC Super Group (SGHC) Limited compare 16.5×
LNWO Light & Wonder, Inc. compare 21.0×
DKNG DraftKings Inc. compare 24.3×
CHDN Churchill Downs, Incorporated 36.5×
FLUT Flutter Entertainment PLC compare 46.3×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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