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

Churchill Downs, Incorporated (CHDN) Operating cash flow

Alert me on Operating cash flow

Churchill Downs, Incorporated's operating cash flow for fiscal 2025 was $769.8M, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $755.8M. Over the past ten years it has ranged from $143.2M (fiscal 2020) to $771.7M (fiscal 2024); the current reading is higher than 91% of that period. Churchill Downs, Incorporated ranks 3rd of 15 Gambling companies by operating cash flow.

Operating cash flow, annual

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Annual newest first

Period Operating cash flow Change
FY2025 $769.8M (0.25%)
FY2024 $771.7M 27.49%
FY2023 $605.3M 18.50%
FY2022 $510.8M 11.16%
FY2021 $459.5M 220.88%
FY2020 $143.2M (51.04%)
FY2019 $292.5M 47.88%
FY2018 $197.8M (8.04%)
FY2017 $215.1M (7.04%)
FY2016 $231.4M (12.51%)

Quarterly newest first

Period Operating cash flow Change
Sep 2026 $148.0M (31.80%)
Jun 2026 $217.0M (26.44%)
Mar 2026 $295.0M 207.93%
Dec 2025 $95.8M (48.77%)
43 more quarters

Against its own ten years

Low $143.2M High $771.7M
Ten-year median $292.5M
Current reading's percentile 91

Operating cash flow against peers

What Operating cash flow is

Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.

Reported line item

The full definition of Operating cash flow →

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