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
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Churchill Downs, Incorporated (CHDN) Price to free cash flow
As of 5 November 2026, Churchill Downs, Incorporated (CHDN) trades at a price to free cash flow of 22.1×. Over the past ten years it has ranged from 0.0× (September 2024) to 169× (October 2018); the current reading is higher than 48% of that period. That is above the Gambling industry median of 15.2× and above the Consumer Cyclical sector median of 12.9×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 29.4× | (45.97%) |
| FY2024 | 54.5× | (56.07%) |
| FY2023 | 124× | 401.93% |
| FY2022 | 24.7× | (11.51%) |
| FY2021 | 27.9× | — |
| FY2020 | 0.0× | — |
| FY2019 | 43.4× | (46.60%) |
| FY2018 | 81.3× | 103.38% |
| FY2017 | 40.0× | 222.06% |
| FY2016 | 12.4× | 11.58% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Sep 2026 | 17.0× | (5.26%) |
| Jun 2026 | 18.0× | (1.36%) |
| Mar 2026 | 18.2× | (38.08%) |
| Dec 2025 | 29.4× | (3.95%) |
| 43 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| BRSL Brightstar Lottery compare | n/m |
| CDRO Codere Online Luxembourg, S.A. compare | n/m |
| RSI Rush Street Interactive, Inc. compare | 7.6× |
| ACEL Accel Entertainment, Inc. compare | 10.4× |
| LNWO Light & Wonder, Inc. compare | 11.9× |
| SGHC Super Group (SGHC) Limited compare | 18.3× |
| CHDN Churchill Downs, Incorporated | 22.1× |
| DKNG DraftKings Inc. compare | 23.4× |
| FLUT Flutter Entertainment PLC compare | 28.9× |
| Gambling industry median | 15.2× |
| Consumer Cyclical sector median | 12.9× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on CHDN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement